Duke Energy-backed Southeast energy market moves forward with FERC deadlocked

A deadlocked Federal Energy Regulatory Commission has allowed the Southeast Energy Exchange Market, proposed by Duke Energy Corp. (NSYE: DUK) and other regional power companies, to start operations after failing to agree whether to approve or reject the plan.

The utilities expected to form the market, led by Atlanta-based Southern Co. (NYSE: SO), anticipate having it operating by mid-2022. 

“SEEM will allow resources to more easily access the electricity wholesale market and will enable and…


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