PSC 100.15(1)(d)2. 2. The HHI statistic for the market.
PSC 100.15(1)(d)3. 3. The change in the HHI statistic.
PSC 100.15(1)(e) (e) Forward looking analysis. The market power screen analysis shall generally be forward looking and reflect all known, important developments with respect to electric industry restructuring, and electric generation and transmission construction or operation. The market power screen analysis shall examine the first 5 years of commercial in-service for the proposed electric generating facility and address whether applicant's proposed ownership, control or operation of a wholesale merchant plant will have a substantial anti-competitive effect on relevant electricity markets that are reasonably anticipated to exist for any class of customers, including those with market-based rates under s. 196.192, Stats. Any such forward-looking analysis shall not preclude the commission from mitigating retail market power or otherwise addressing retail market power in the future in connection with the introduction of competition in the retail market.
PSC 100.15(1)(f) (f) Historical data. The information shall include historical trade data and historical transmission data for the applicant and all of its affiliates for the two-year period preceding the filing of the application.
PSC 100.15(1)(g) (g) Regulatory filings. The information shall include all material filed with the federal energy regulatory commission related to any issue of market power associated with an applicant's proposal to own, operate, or control a wholesale merchant plant.
PSC 100.15(1)(h) (h) Supplemental data or analysis. The information may include any additional data or analysis, as long as the additional information accords with the principles of market power analysis, identification, and interpretation contained in the DOJ guidelines.
PSC 100.15(1)(i) (i) Source of data. In constructing the market power screen analysis, the applicant shall use the sources of data as outlined in Appendix B of FERC Order 592.
PSC 100.15(2) (2) An affiliated interest may forgo filing a market power screen analysis if any of the safe harbor exceptions in s. PSC 100.16 are met, or if it proposes mitigation remedies which effectively mitigate any substantial anti-competitive effect on electricity markets for any class of customer, as provided in s. PSC 100.13 (4). The applicant shall file documentation and data supporting the applicable safe harbor exemption or proposed mitigation remedies in lieu of the market power screen analysis. The applicability of the safe harbor exemption is left with the commission.
PSC 100.15(3)(a)(a) The commission shall use the DOJ guidelines when measuring the extent of market power, or analyzing the potential for adverse competitive effects, of any proposal of an affiliated interest of a public utility to own, operate, or control a wholesale merchant plant, pursuant to s. 196.491 (3m), Stats. In addition, the commission may consider the extent to which timely, effective entry into the relevant wholesale generation market can mitigate market power concerns.
PSC 100.15(3)(b) (b) Any market power screen analysis shall analyze concentration as if a merger of the proposed plant and the existing generation owner occurred after construction of the proposed plant, shall aggregate ownership of a public utility and all its affiliates, and shall aggregate successive construction by public utilities and their affiliates for a period covering no more than three years.
PSC 100.15(3)(c) (c) The commission may waive information requirements after providing interested parties the opportunity to provide comments. In addition, the commission may require the applicant to supplement the data filed under this subchapter by submitting additional information, as needed to evaluate the market power screen analysis, applicable safe harbor exemptions, or proposed mitigation remedies.
PSC 100.15 History History: Cr. Register, July, 2000, No. 535, eff. 8-1-00.
PSC 100.16 PSC 100.16Bright line safe harbors. Any of the following bright line safe harbors are available to affiliated wholesale merchant plants and are subject to all provisions of ss. 196.491 (3m) (c) and 196.52, Stats.
PSC 100.16(1) (1) The applicant is a passive investor in the wholesale merchant plant. The applicant and its affiliates do not participate in the decisions regarding the operation of the plant.
PSC 100.16(2) (2) The applicant's and its affiliates' combined ownership interest is less than 5%.
PSC 100.16(3) (3) The affiliated wholesale merchant plant facility has a capacity of less than 20 megawatts. This safe harbor may be elected only once per calendar year in aggregate for all affiliated interests of a public utility, irrespective of multiple affiliated interests or combinations.
PSC 100.16(4) (4) The commission shall have the right to obtain any information or data which it deems necessary in order to exercise its authority under this section.
PSC 100.16 History History: Cr. Register, July, 2000, No. 535, eff. 8-1-00.
PSC 100.17 PSC 100.17Affiliated electric sales.
PSC 100.17(1) (1) For purposes of this subsection:
PSC 100.17(1)(a) (a) “Electric sale" has the meaning set forth in s. 196.491 (3m) (c) 1. a., Stats.
PSC 100.17(1)(b) (b) “Firm sale" has the meaning set forth in s. 196.491 (3m) (c) 1. b., Stats.
PSC 100.17(2) (2) An applicant may not make any firm sale to a public utility with which it is affiliated, if any of the following applies:
PSC 100.17(2)(a) (a) The firm sale is for a period of 3 years or more.
PSC 100.17(2)(b) (b) The firm sale is for a period of less than 3 years and either party to the sale has an option to extend the period to 3 or more years.
PSC 100.17(3) (3) The commission shall review all electric sale transactions by any affiliate to any affiliated public utility of electricity generated at a wholesale merchant plant owned, operated, or controlled by an affiliate of the purchasing public utility. Commission approval of all contracts and agreements for public utility affiliate electric sales to an affiliated public utility are required prior to initiation of sales.
PSC 100.17(4)(a)(a) If at any time the commission finds that the electric sale is not in the public interest or if the commission finds that the purchasing public utility failed to provide the contract to the commission, the commission shall do at least one of the following:
PSC 100.17(4)(a)1. 1. Disallow the public utility's costs related to the sales in a rate-setting proceeding.
PSC 100.17(4)(a)2. 2. Order the public utility to provide a refund, in an amount determined by the commission, to its customers.
PSC 100.17(4)(a)3. 3. Order the public utility or affiliated interest to take such action as the commission may determine is in the public interest.
PSC 100.17(4)(b) (b) Except for non-routine or non-repetitive transactions, the amount of disallowance or refund that may be ordered by the commission under par. (a) 1. and 2. shall be limited to costs associated with affiliated sales made on or after the commission initiates its review.
PSC 100.17(5) (5) The commission may not void the sale of electricity to a public utility made under a contract or agreement approved by the commission.
PSC 100.17 History History: Cr. Register, July, 2000, No. 535, eff. 8-1-00.
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Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.