The California Independent System Operator (Cal-ISO) has filed emergency motions with FERC, seeking to terminate the Commission’s grant of market-based authority to Mirant/Southern Energy, Reliant, Dynegy and Duke unless it imposes a mitigation plan that “fully protects against the exercise of market power in California,” including refunds, plus interest, of charges exceeding cost-based rates going back to May 2000. The filings join similar actions filed earlier against Williams Energy and AES, after a federal court refused to act.
Motions
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