August 25, 2007 |
The Federal Energy Regulatory Commission must reconsider its denial of refunds to wholesale customers of Powerex Corp. and other electric companies in the Pacific Northwest during the 2000-01 California energy crisis, a federal appeals court ruled Friday. FERC must review rejected claims by cities including Seattle and Tacoma, Wash., the U.S. 9th Circuit Court of Appeals in San Francisco ruled.
August 9, 2000 |
Three California power plant owners have filed a complaint against the California Independent System Operator, which runs the electricity grid for most of the state, seeking compensation for power exports that are canceled when Cal-ISO declares a power emergency. The complaint was filed with the Federal Energy Regulatory Commission by subsidiaries of Houston-based Reliant Energy Inc. and Dynegy Inc., and Atlanta-based Southern Co.
January 4, 2006 |
The Federal Energy Regulatory Commission denied Tuesday a request by three California state agencies to force Calpine Corp. to honor long-term power supply contracts the insolvent producer inked with the state. Calpine has asked the U.S. Bankruptcy Court in New York to reject eight "financially burdensome and unprofitable" contracts, under which it said it would lose $1.2 billion over their remaining terms.
December 23, 2005 |
The Federal Energy Regulatory Commission said Thursday that it had accepted a $512-million settlement with Reliant Energy Inc., California utilities and commission staff to resolve claims stemming from the 2000-01 Western energy crisis. Specifically, the settlement resolves claims that the Houston-based power generator charged unfairly high prices for electricity during the crisis.
March 13, 2007 |
Portland General Electric Co. agreed Monday to pay $59 million to settle accusations that the Oregon utility overcharged Californians for electricity during the state's energy crisis. Portland General, which had agreed to a smaller partial settlement a few years ago, would pay a total of about $65 million under the two refund agreements, according to a statement issued late Monday by Southern California Edison.
February 21, 2003 |
Dynegy Inc., Williams Cos., Edison International and other California power sellers can continue to charge market rates for the cost of turning off unneeded generation, federal regulators said Thursday. The action came in response to a complaint filed by the California Electricity Oversight Board over such so-called decremental energy rates.