California aims to curtail ‘speculative’ bids that threaten resource adequacy

Author Jeff Stanfield

Houston — Hoping to address concerns about speculative supply offers, California regulators imposed new requirements on marketers and suppliers who promise to import energy into California during times of high electricity demand.

The California Public Utilities Commission on June 25 decided that in the future, such marketers and suppliers must identify the generation resources that will be available to …

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