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ISO-NE Files to Terminate Peak Energy Rent (Capacity Market Clawback)

March 09,2015



ISO New England filed at FERC to terminate, effective June 1, 2019, the current peak energy rent mechanism, which functions as a clawback of capacity payments where excessive energy market revenues are earned.

ISO-NE claimed that the mechanism was no longer needed to protect against market power, and said that the mechanism has not provided an effective price hedge

Tags:
ISO New England   FERC   Capacity Market   New England  

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