Market Failure?

Jon Flanders jonathan.flanders at verizon.net
Fri Sep 12 20:55:24 MDT 2003


<<...To take the strain off Cinergy's lines, the Midwest I.S.O. turned
to another power company, Allegheny Energy, asking it to help by
adjusting the electricity it was pumping out. But at 2:24 p.m., an
Allegheny controller told the I.S.O. that the company's marketing staff
wanted to do the opposite of what the I.S.O. was asking, so they could
make money selling more power.....>>

full NY Times Report

http://www.nytimes.com/2003/09/13/national/13POWE.html?hp




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