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March 29, 2023
Home » FERC Clarifies Western Energy Crisis ‘Pricing Umbrella’ Theory
By Robert Mullin FERC has affirmed a previous ruling stating that evidence of price reporting deficiencies by power sellers during the Western Energy Crisis of 2000-2001 cannot constitute the sole basis for a finding of market manipulation during the event. The commission’s Jan. 9 order clarified a key element of...
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