New England Utilities v. Hydro-Quebec

MEMORANDUM AND ORDER

SARIS, District Judge.

INTRODUCTION

This case concerns an arbitration of a pricing dispute between New England Utilities (“NEU”), which is a group of American power companies, and Hydro-Quebec, a Canadian power company from which NEU purchases power. The parties disagree over whether two different “costs” should be included in the complex pricing formula in their long-term so-called Firm Energy Contract (the “Contract”). The dispute was aired at a three-week arbitration hearing in Boston before George A. Avery of the American Arbitration Association (“AAA”), who on October…