NY Market At Risk From Reliability Deal, Power Group Says

Law360, New York (January 9, 2013, 6:05 PM EST) -- The Federal Energy Regulatory Commission must order Cayuga Operating Company LLC to seek commission approval before finalizing any so-called reliability must-run agreement or risk artificial suppression of New York electricity market prices, an industry group said Monday.

According to the protest, filed by electricity producer industry group the Independent Power Producers of New York Inc., power station operator Cayuga has attempted to go around FERC by filing an RMR agreement with a state regulator. That deal, requiring Cayuga sell to capacity onto the New York wholesale...
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