Wednesday, August 26, 2009

Market Probe of New England Power to Begin

The Federal Energy Regulatory Commission is looking into the market practices of the New England grid. This is following allegations by Connecticut Attorney Richard Blumenthal that power companies manipulated the market and overcharged its customers.

A report from Blumenthal's office details that a group of generators were paid in order to provide power during peak demand periods. Instead, records show that there were multiple instances between 2006 and 2009...

Visit Clean Skies for the full story.

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