The Federal Energy Regulatory Commission (FERC) recently issued a Notice of Proposed Rulemaking proposing to revise its regulations to foster competition in the sale of primary frequency response service.
Notice of Proposed Rulemaking
FERC Proposes Creating Frequency Response Market
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One of the most frightening scenes from the financial crisis unfolded in the staid environs of the Commodity Futures Trading Commission’s Washington offices, where the regulators charged with monitoring derivatives trade gathered together the heads of commodity trading from recently shamed Wall Street giants like Goldman Sachs and Morgan Stanley. The CFTC was a comparatively… Keep reading →
