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wholesale markets


Australian Energy Crisis Prompts Suspension of National Electricity Market

The Australian Energy Market Operator (AEMO) on June 15 indefinitely suspended spot markets in all regions of its National Electricity Market (NEM), citing critical power generation supply shortfalls that it…


Market Transitions: The MOPR Merry-Go-Round

The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids. In…