Vistra’s plan to buy Energy Harbor’s nuclear power plants and other assets will hurt competition in wholesale and retail markets and should be rejected, the Ohio ratepayer advocate and the Northeast Ohio Public Energy Council, or NOPEC, told the Federal Energy Regulatory Commission on Friday.
According to the market monitor, FERC should only approve the $3.4 billion transaction if it imposes conditions to prevent Vistra from using its market power to affect energy and capacity prices.
