Why the ninth circuit court's decision on contracts signed during the western markets crisis is a call for FERC to enhance its oversight of market competitiveness

Journal Article · Thu Mar 15 00:00:00 EDT 2007 · Electricity Journal

DOI:https://doi.org/10.1016/J.TEJ.2007.01.004· OSTI ID:20864966

Schotland, Sara D; Bidstrup, W Richard; Morrissey, Jennifer A

Current complaints about problems in the nascent wholesale energy markets should not allow buyers to escape their contractual obligations. It would throw out the baby with the bathwater if the December 2006 decisions provide an excuse for buyers to renege on contractual commitments because today's energy markets are imperfect. (author)

• OSTI ID: 20864966
• Journal Information: Electricity Journal, Vol. 20, Issue 2; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
MARKET
CONTRACTS
MARKETERS
US FERC
COMPETITION
ENFORCEMENT
LEGAL ASPECTS