Industrial Consumers Change Their Position on Competitive Markets

This article from the Allentown, Pennsylvania Morning Call reports that some large industrial electricity consumers are now opposed to the same competitive wholesale electricity markets which they had strongly supported in the late 1990's. The article noted that company officials from Allegheny Technologies are considering whether to expand their current Pittsburgh operations, or move to another state where there are no competitive electricity markets; industrial energy customers such as Allegheny Technologies were among the first and most forceful advocates of ending the state's traditional regulatory control over the electric industry in favor of determining electricity prices by market forces. However, these same customers now believe that a basic element of the structure of the competitive markets - marginal pricing - is responsible for their increased energy costs.

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