Victory For Calif. Grid Operator In Rare Antitrust Suit

Law360, New York (December 7, 2015, 1:41 PM EST) -- In Order No. 888, the Federal Energy Regulatory Commission sought to foster competition in wholesale power markets by encouraging utilities to transfer control of their transmission assets to independent system operators (ISOs), entities created to administer wholesale power markets and grid access independently from market participants. Utilities in many parts of the country acted on that encouragement, and ISO-administered markets now account for a large portion of electricity trading....

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