Market watchdog provides 'no guidance' on controversial offer behaviour amid power market changes
On May 26, the Market Surveillance Administrator revoked the Offer Behaviour Enforcement Guidelines (OBEG), which had once clarified that generators engaging in economic withholding would not be subject to enforcement actions. This update examines the process leading up to the OBEG's revocation, the reasons for the revocation and what this means for electricity market participants going forward.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063