More state regulation of power needed to avoid price volatility: execs
Houston (Platts)
Insufficient state-level regulation of electricity markets ultimately would result in price volatility, as market players are unable to diversify their supply portfolios and bring new generation projects online, power executives said Thursday.
“Every plant that is being built right now — gas, nuclear, solar — is being built in regulated markets,” Duke Energy President and CEO James Rogers said at the IHS CERAWeek conference in Houston. “They aren’t being built in competitive markets because [they] don’t have capacity markets. This is going to lead to price…