Utility Dive•23 days ago
US solicitor general tells Supreme Court to reject Duke Energy antitrust appeal
Key Takeaway
The Supreme Court's decision on this antitrust appeal could fundamentally reshape competition in regional energy markets, creating new opportunities for developers and offering more choices for large power consumers.
AI Summary
- •The US Solicitor General has advised the Supreme Court to reject Duke Energy's antitrust appeal, characterizing Duke as an 'established monopolist' attempting to block a 'more efficient rival'.
- •This development signals a potential for increased competition in regional energy markets, which could lead to more diverse options and potentially better pricing for large power consumers.
- •The Supreme Court's decision will set a significant precedent for antitrust enforcement in the energy sector, potentially easing market entry for independent power producers and developers challenging incumbent utilities.
Topics
policy
Article Content
“This appeal arises out of a campaign by an established monopolist to stop a more efficient rival from disturbing its long-dominant hold over a regional energy market,” U.S. Solicitor General John Sauer said.