...
首页> 外文期刊>Electric Utility Week >Southern Defends Auction Plan After Morgan Says It Does Not Address Market Power Issue
【24h】

Southern Defends Auction Plan After Morgan Says It Does Not Address Market Power Issue

机译:摩根大通称南方计划不捍卫拍卖计划

获取原文
获取原文并翻译 | 示例
           

摘要

Southern Company is defending its recent proposal to create an auction process for certain transactions in its service area against charges the measure will not mitigate any perceived market power as intended and calls for opening to other suppliers. Atlanta-based Southern told the Federal Energy Regulatory Commission that a recent protest to the auction proposal filed by financial house J.P. Morgan Entities "should be accorded little, if any, weight." Morgan in a November 26 filing criticized the proposal, saying it has flaws that will inhibit the goal of mitigating any perceived market power. Morgan said the auction proposal "does not address the most significant impediments to liquidity and price transparency in the Southeast." While calling the proposal a "step in the right direction," the firm requested that the auction proposal be modified to ensure any perceived market power is eliminated. "J.P. Morgan's comments are off target because they fail to address the fundamental issue before the commission in this proceeding - whether the auction proposal, as submitted, is 'just and reasonable' and thus must be accepted," Southern said.
机译:南方公司正在捍卫其最近的提议,即针对其服务区域内的某些交易建立拍卖程序,以免产生指控,因为该措施不会减轻预期的任何市场力量,并要求向其他供应商开放。总部位于亚特兰大的南方航空告诉联邦能源监管委员会,金融机构摩根大通实体提出的拍卖提议最近遭到抗议,“应该被赋予很小的重量,如果有的话”。摩根在11月26日提交的文件中批评了该提议,称该提议存在缺陷,将削弱缓解任何感知市场势力的目标。摩根表示,拍卖提议“并未解决东南部对流动性和价格透明性的最大障碍。”该公司称该提议为“朝正确方向迈出的一步”,同时要求修改拍卖提议,以确保消除任何可察觉的市场力量。南方银行说:“摩根大通的评论超出了目标,因为它们未能在委员会进行此程序之前解决根本问题-提交的拍卖提议是否'公正合理',因此必须接受。”

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号