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February 06, 2023
Home » Skeptics Question CAISO Plan to Lower Bid Floor
By Robert Mullin Critics of a proposal to lower CAISO’s energy market bid floor last week questioned the need for the measure and its efficacy in solving the ISO’s increasing intervals of oversupply. The ISO contends that reducing the bid floor from -$150/MWh to -$300/MWh will provide the market with...
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