First FERC Price Formation Workshop to Focus on Uplift, But Will "Preview" Price Cap Debate
July 10,2014
FERC said that its first workshop on "price formation" in the organized markets will focus on the causes of uplift, but "will also preview the scope of the remaining price formation topics ... [including] price caps [and] scarcity and shortage pricing," FERC said in a supplemental notice yesterday
"The September 8 workshop will focus on the technical, operational and market issues that give rise to uplift payments and the levels of transparency. The workshop will also preview the scope of the remaining price formation topics of offer price mitigation and price caps, scarcity and shortage pricing, and operator actions that affect prices. As noted in the June 19 Notice, additional workshops will be announced on these topics in the coming months," FERC said.