[T]he Commission believes that real rate relief for California electricity consumers will be fully realized in the State when sufficient new generation and transmission resources can be attracted and built and better demand-side management responses can be prompted. Only competitive markets will do these things. We believe it would be a mistake to revert to the kind of rate regulation that contributed to the decline in investment that clouds California's energy future today.

Off Peak

November 15, 2000

Rx for IOUs: Slim Down

 

To an industry whose mantra of late has been "diversify and conquer," a prominent utilities consultant has some startling advice: Slim down and focus on your core strengths.

 

News Digest

 

Frontlines

Battle of Dunkirk

 

 

Utilities rush to save their last tenuous hold over the power plants they so smugly sold off.