Contract killing

The California Public Utilities Commission wants to renegotiate long-term contractsthe Department of Water Resources entered into during the state’s energycrisis. So far, Ferc has been less than receptive to the request. By Paul Lyon

The US Federal Energy Regulatory Commission (Ferc) is to issue a set of marketbehaviour rules it says will “help prevent market abuse, provide a morestable market-place and create an environment that will attract needed investmentcapital”. Ferc also says the rules are intended to alert sellers to varioustypes of prohibited behaviour, and that they “contain the breadth and flexibilityto address new and unanticipated activities as they may arise.”

It’s about time, market participants agree

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here