During the event, the DoE received only 3,580.76 megawatts (MW) of committed capacities, or around 30 percent of the total 11,600 MW available. This leaves more than 8,000 MW of unsubscribed capacity.
Several executives shared that the Energy Regulatory Commission's (ERC) price cap for GEA-2 made it nearly impossible to submit a functional bid, with one describing the rate ceiling as "unrealistic."
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