News Digest

 

News Digest


 

Perspective

The argument is clever but not really symmetrical.

1. the incumbent utility companies should not have been promised an opportunity to recover the costs that everybody thought would be stranded by deregulation (he obviously includes himself among the "soreheads" who opposed the idea, insisting that "these behemoths should be treated just like everyone else who made investments that didn't pan out");

News Analysis

East Coast prices bear an eerie resemblance to California of last spring, but pay no mind, say experts.

 

News Analysis

 



 

Off Peak

The city utility in Vernon, California thought it had bought plenty of power, but then got blacked out anyway.

Off Peak

June 1, 2001

Dear ISO: Why Me?

 

The city utility in Vernon, California thought it had bought plenty of power, but then got blacked out anyway.

March 19, 2001
Dear Mr. Winter:

California's Power Gamble: Long-Term Contracts, Locked-In Risk

High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.


 

High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.

Let's consider three questions crucial to California's energy crisis and its plans for solution.