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Enron Mail |
In Staff's report on its investigation of the bulk power markets in the east,
the Midwest report notes on page 2-15, Additions to Capacity, that new generation has been added in the Midwest region, and that some market participants believe that developers sited new generation in the Midwest because there were no price caps. Steve Kean suggested that we refer to this finding in our November 20 comments on the California order and specifically draw the conclusion that no price caps leads to more generation development. The Midwest report is attached. Please let me know if you have any questions. Sarah
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