Monitor

While FERC’s ability to monitor the electric power market has faltered, a report by a Commission task force has found that the level of price spikes for wholesale power has grown progressively higher over the past couple of summers, with the biggest increases being seen in the eastern half of the nation.

While FERC’s ability to monitor the electric power market hasfaltered, a report by a Commission task force has found that thelevel of the price spikes for wholesale power has grownprogressively worse over the past couple of summers, with thebiggest increases being seen in the eastern half of the nation.

Florida Gas Transmission lifted an Overage Alert Day notice (seeDaily GPI, May 25) for its market areaWednesday, but said it will continue to monitor hourly and dailytakes.

Florida Gas Transmission lifted an Overage Alert Day notice (seeDaily GPI, May 25) for its market areaWednesday, but said it will continue to monitor hourly and dailytakes.

FERC’s proposal to organize and monitor the short-term marketthrough daily auctions is either a belated and unnecessaryadministrative nightmare – or the road to vigorous competition inthe transportation market, i.e. the “commoditization” oftransportation.