STEPHEN F. WILLIAMS, Senior Circuit Judge.
Edison Mission, an independent power producer (which we treat as one with its fellow petitioner, a wholly owned subsidiary engaged in power marketing), challenges two rulings of the Federal Energy Regulatory Commission. It says that the rulings allow the New York Independent System Operator ("NYISO") to "mitigate," i.e., unilaterally reduce, the bid prices that generators and marketers submit to sell power in New York State...
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