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Gas Price Spikes Cause Electricity Market Rule Changes

By Inside Energy on February 14, 2014
Posted in Electricity Grid, Oil & Gas Policy

The unprecedented spikes in natural gas prices due to the recent harsh winter weather have led FERC to approve temporary yet significant waivers of the pricing rules in the mid-Atlantic and New York organized wholesale electricity markets.

Both the PJM Interconnection and the New York ISO attract the resources to keep supply and demand in…

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