Utilities propose first regional grid-balancing market in southeastern US

GREEN TECH MEDIA | Southeastern utilities including Duke Energy, Dominion and Southern Company unveiled plans to create the region’s first market for trading electricity across interstate transmission lines, a move that could lead to lower wholesale energy costs as similar markets have accomplished in other parts of the country. 

Clean energy groups warned, however, that any new regional power market must be organized in a transparent way to avoid undermining state-by-state efforts to boost clean power and reduce dependence on carbon-emitting power plants. 

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