IEX shares declined ahead of a meeting on market coupling. Discussions may clarify the benefits of this approach, which aims to standardize electricity pricing across exchanges. A government report suggested a shadow pilot study for market coupling, pending software development.
iex share price
IEX tumbles on market coupling buzz
Market coupling is a model where buy bids and sell bids from all power exchanges in the country will be aggregated and matched to discover a uniform MCP.