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September 17, 2021

New FERC Rule Will Double RTO Offer Caps

Nov 21, 2016
Robert Mullin
By Robert Mullin With winter looming, FERC last week adopted a rule that would double the “hard” offer cap for day-ahead and real-time markets to $2,000/MWh in every RTO and ISO. Order 831 was a response to the 2013-2014 polar vortex, which caused natural gas price spikes that left some...
RTO Insider Markets Public Policy Energy Market FERC & Federal

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