FERC responded a resounding “no” to the southeast utilities’ effort to create a centralized energy exchange market. The commission told Duke, Southern, Dominion and others that their proposed Southeast Energy Exchange Market (SEEM) was “deficient” and that regulators needed a lot more detail to determine regional impact. Two sticking points were that they needed more transparency about how SEEM changes would manifest and wanted to know exactly how the market would improve existing energy transactions in the area. Renewables advocates have expressed concern that SEEM might increase utility monopoly on the power market there.