The short-term remedy for price fluctuations in the Californiabulk electric market this summer being sought by San Diego Gas andElectric (SDG&E) — a $250/MWh cap for all wholesale sales inthe state — will have”little more than a placebo” effect, saidthe New York Mercantile Exchange (Nymex) in a protest broughtearlier this week.
Remedy
Articles from Remedy
Requested Relief for Power Export Glitches in NY Denied
Given that the New York Independent System Operator (NYISO) isalready working to remedy market flaws in its system, FERC hasrejected the relief sought by Niagara Mohawk Energy Marketing Inc.(NIMO Marketing) in connection with the NYISO’s software-relatedfailure to export power to the Pennsylvania-New Jersey-Maryland(PJM) system in early May.
August 7, 2000
Requested Relief for Glitches in NY Denied
Given that the New York Independent System Operator (NYISO) isalready working to remedy market flaws in its system, FERC rejectedthe relief sought by Niagara Mohawk Energy Marketing Inc. (NIMOMarketing) in connection with the NYISO’s software-related failureto export power to the Pennsylvania-New Jersey-Maryland (PJM)system in early May.
August 3, 2000
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