Southeast Energy Exchange Market (SEEM)
FERC sided with supporters of the Southeast Energy Exchange Market after hearing arguments from opponents, saying the market does not qualify as a loose power pool.
SEEM's opponents argued that FERC should recognize the market as a loose power pool and regulate it accordingly.
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
FERC requested stakeholder arguments on whether SEEM should be considered a loose power pool under Order 888.
Opponents of the Southeast Energy Exchange Market want the federal courts to examine FERC's approval of the market.
Critics of the Southeast Energy Exchange Market say after a year of operations, it has failed to meet many of the promises of its sponsors.
North Carolina regulators approved the combination of Duke Energy's "carbon plans" to implement state law requiring net zero emissions by midcentury with its standard integrated resource plans for the sake of regulatory efficiency.
The D.C. Circuit Court of Appeals remanded FERC’s approval of the Southeast Energy Exchange Market back to the commission for additional proceedings.
North Carolina businesses called for a study of wholesale market competition, including a possible RTO, citing a lack of “cost-competitive, clean energy.”
FERC must look beyond reliability standards to boost electric industry winter readiness, says R Street Institute's Michael Giberson.
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