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FERC rejects generator proposal for CAISO capacity market
Utility Dive: The battle over a capacity market in California highlights how the growth of renewable power, spurred by California's ambitious clean energy policies, is stressing the finances of conventional generators.
As wind and solar increase on the grid, generators say they drive down the market prices for other power plants, "plunging resource owners into bankruptcy or forcing resources to exit the market altogether," as La Paloma's operator wrote in its protest**.
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