Power Markets Work to Clear Bottlenecks

Power markets are the new killer app. They are rewarding efficient producers and punishing laggards. Regionally, these markets work well. Nationally, they tend to fall apart. The problem appears to be the transmission lines. There is not enough capacity. Without enough capacity, regional price disparities arise. Those disparities can raise havoc with power generators.

One market that has chronic price disparities is the Midwest Independent Transmission System Operator (MISO). As the name implies, MISO manages the power market for several Midwestern states. But contrary to its name, MISO will soon add some Gulf Coast states to its market and tie into the Texas market....638 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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