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California power markets testimony

Provided expert testimony related to the California power markets during 2000–2001 and allegations of improper bidding behavior. Analyzed detailed data on individual bids and plant-level generation, performed statistical analysis of “physical” and “economic” capacity withholding, analyzed financial market data, examined alleged evidence of manipulative trading strategies, and assessed evidence of coordinated behavior. The expert proposed a methodology to determine just and reasonable wholesale electric prices that was adopted by FERC.

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