2024 Ferc horizontal market power

Ferc horizontal market power

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August undefined, 2024

WebDec 20, 2024 · The Federal Energy Regulatory Commission on Dec. 20 proposed to revise the horizontal market power analysis required for electric power sellers seeking to obtain or retain market-based rate authority in certain wholesale power markets operated by regional transmission organizations and independent system operators. WebMar 27, 2024 · In the NOPR, FERC proposes to amend its regulations concerning the horizontal market power analysis required for a “public utility” to obtain or retain the authority to sell wholesale energy, ancillary services, and capacity at market-based rates. FERC refers to electric utilities it regulates as “public” utilities; however, these are ...

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WebOct 29, 2015 · FERC will grant market-based rate authority to allow an entity to engage in the wholesale sale of capacity, energy, and ancillary services at negotiated, market-based rates if the entity demonstrates that it and its affiliates lack, or have adequately mitigated, horizontal and vertical market power in relevant geographic markets. WebThe Federal Energy Regulatory Commission (FERC) today largely affirmed its findings in the market-based rate final rule it enacted last year to strengthen competitive markets … healthy carb heavy snacks

FERC Reconsiders Horizontal Market Power In Transactions

WebOct 15, 2015 · The Commission uses two indicative horizontal market power screens, each of which serve as a cross-check on the other, to determine whether Sellers may … WebSep 29, 2016 · New Federal Energy Regulatory Commission proposals could impose significant additional filing requirements on certain Section 203 applicants seeking FERC authorization for mergers, acquisitions ... WebHorizontal Market Power The Commission uses two indicative horizontal market power screens, each of which serve as a cross-check on the other, to determine whether Sellers may have market power and should be further examined. Sellers that fail either screen … motor reg regency park

FERC urged not to scrap key market power analysis requirement

Refinements to Horizontal Market Power Analysis for Sellers in …

WebThe Commission issued Order No. 861 on July 18, 2024, which will improve FERC’s monitoring of wholesale power markets by streamlining the way it collects certain data … WebJul 23, 2024 · [50] FERC previously adopted two indicative screens—the pivotal supplier screen and the wholesale market share screen—for assessing horizontal market power within a geographic area, often the … healthy carbohydrate foods for diabeticsWebJul 13, 2007 · FERC’s existing four-prong test examines generation market power, transmission market power, other barriers to entry and affiliate abuse when determining whether a seller qualifies for marketbased rate authority. The Final Rule collapses the current four-prong test into a more traditional two-prong horizontal and vertical market … motorreinigung carbon cleaning

"WebJul 19, 2024 · FERC has streamlined its rules so that generators in the organized markets operated by Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) no longer need to demonstrate a lack of horizontal market power in order to charge flexible market-based rates. Instead, FERC will rely on existing market … " - Ferc horizontal market power

Ferc horizontal market power

COMMENT OF THE STAFF OF THE FEDERAL TRADE …

WebAug 12, 2024 · FERC grants requests for market-based rate authority to sellers that demonstrate they and their affiliates lack or have adequately mitigated horizontal and vertical market power in the relevant ... WebJul 1, 2024 · Under FERC's current rules, applicants seeking MBR authority are required to submit market power analyses for the markets in which they will be operating, including (for most applicants) an asset appendix and "indicative" screens demonstrating that they could not exercise horizontal market power through other generation they own.

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Webhave on FERC’s analysis of horizontal market power in its electric market-based rate program. FERC, DOJ, and the FTC share the mission of ensuring that mergers and … WebJul 26, 2024 · Start Preamble Start Printed Page 36374 Issued July 18, 2024. AGENCY: Federal Energy Regulatory Commission. ACTION: Final rule. SUMMARY: The Federal Energy Regulatory Commission (Commission) is modifying its regulations regarding the horizontal market power analysis required for market-based rate sellers that study …

WebThe Lakehead-Murphy joint entity may or may not possess market power in the supply of petroleum products in the Duluth-Superior area. (10) But even if it did, regulation of Lakehead alone would not improve efficiency. Any market power possessed by the Lakehead-Murphy joint entity could be exercised alone by the unregulated Murphy refinery. WebAug 7, 2024 · The final rule does not adopt the NOPR proposal to relieve market-based rate sellers in organized markets of the obligation to submit horizontal market power indicative screens. However, the Commission said it would retain the record on that aspect of the NOPR for possible future consideration. Order No. 816-A

WebThe Commission stated that, to the extent a market-based rate seller or any of its affiliates owns, operates, or controls transmission facilities, the Commission requires that, to satisfy the vertical market power requirements, they must have a Commission-approved OATT on file; receive waiver of the OATT requirement under 18 C.F.R. § 35.28 (d ... WebFERC's Unclear Guidance On Horizontal Market Power Law360, New York (April 10, 2013, 5:05 PM ET) -- The Federal Energy Regulatory Commission recently declined to …

Web(3) If a Seller does not pass one or both screens, the Seller may rebut a presumption of horizontal market power by submitting a Delivered Price Test analysis. A Seller that does not rebut a presumption of horizontal market power or that concedes market power, is subject to mitigation, as described in § 35.38.

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