Sentence examples for withholding capacity from inspiring English sources

Exact(1)

Mountain said: "The fact that these generators did not compete to get their plant dispatched when prices were many multiples of their production costs suggest that these generators stood to gain more by withholding capacity from the market or, equivalently, making it available only at extremely high prices, than by competing vigorously to offer their production to the market".

Similar(59)

The Federal Energy Regulatory Commission is investigating whether El Paso withheld capacity on pipelines to California when prices soared in 2000 and 2001.

If the three large players did try to withhold capacity, like hotel rooms or aircraft seats, the court said, there was nothing to prevent smaller rivals from stepping in to fill them.

California officials said that showed that El Paso always intended to withhold capacity; El Paso officials said the estimates were based on historical use and that gas flows had been higher in the last year.

And such evidence has convinced Mr. Wolak that "generators use forced outages strategically to withhold capacity from the market" -- a view shared by a growing number of other researchers.

“The ACCC also found that there would be little incentive, or capability, for a merged BHP and RIO to withhold capacity in order to restrict supply and maintain high prices.” Furthermore, the ACCC would not have made its decision without consulting with overseas regulators, likely including the EC, the note added.

"El Paso did not unlawfully withhold any capacity from the California market or from any market at any time for any reason," an El Paso lawyer, Dan Collins, said.

Earlier this week, the chairman and chief executive, William A. Wise, bought a full-page newspaper advertisement challenging the federal agency judge's ruling that the company withheld pipeline capacity.

Commissioners heard today from El Paso and California in an unusual argument on whether El Paso deliberately withheld pipeline capacity, causing a sharp increase in energy prices in California.

The California Public Utilities Commission and Southern California Edison contend that El Paso, which owns the largest pipeline serving Southern California, reaped huge profits by using an unregulated affiliate to withhold pipeline capacity needed to ship natural gas to the state.

Opportunity-cost based bids may efficiently dispatch batteries for maximum system benefit, but such an approach inherently accepts a battery resource's right to withhold its capacity.

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