The California Independent System Operator is defending its plan to limit financial speculation related to congestion revenue rights, arguing that market participants will still have ample opportunities to hedge congestion costs.
“Given the significant ratepayer losses under the current rules, it is entirely reasonable for the CAISO to recalibrate its CRR release processes in a manner expected to reduce such …
By Sergio Chapa
The gap between electricity prices in regulated and deregulated markets in Texas is the smallest it’s been since deregulation went into effect more than 16 years ago.
Texans in deregulated electricity markets paid an average residential rate of 11.38 cents per kilowatt-hour in 2016, according to a 20-page report released May 17 by the Texas Coalition for Affordable Power. That’s less than the national average of 12.55 cents per kilowatt-hour.
In Austin, where electricity is provided by the city-owned utility Austin Energy, …