Utility Dive•5 months ago
US solicitor general tells Supreme Court to reject Duke Energy antitrust appeal
- •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.
policy