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Review of the GPU-First Energy Merger
Synapse worked with Resource Insight on a review of the proposed merger between General Public Utilities and First Energy. The analysis addressed three issues: (a) the reasonableness of the utilities' claim that FirstEnergy would be willing to sell power to GPU customers at below-market prices; (b) market power concerns raised by the merger; and (c) RTO related issues. Project completed in May 2001.