FERC Approves Early Deadline For New England Power Bids

Law360, New York (April 25, 2013, 5:34 PM EDT) -- The Federal Energy Regulatory Commission on Wednesday accepted a proposal requiring New England electricity market participants to submit their bids for the region's day-ahead market two hours earlier, saying it would increase energy reliability in the area.

FERC accepted the proposal of New England Power Pool — a group of energy companies and end users in the region — to adjust ISO New England Inc.’s tariff to require energy companies to submit their day-ahead energy market bids by 10 a.m., two hours prior to the current...
To view the full article, register now.