The Federal Energy Regulatory Commission was irresponsible in deregulating the wholesale power markets in California and elsewhere when it did because it ignored warnings of the existence of market power and capacity constraints in those markets, according to an analysis conducted by the Consumer Federation of America (CFA).
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Consumer Group Blasts FERC Deregulation
The Federal Energy Regulatory Commission was irresponsible inderegulating the wholesale power markets in California andelsewhere when it did because it ignored warnings of the existenceof market power and capacity constraints in those markets,according to an analysis conducted by the Consumer Federation ofAmerica (CFA).
March 21, 2001
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