Western Energy Crisis
FERC last week eliminated the must-offer obligation in effect throughout WECC since the tail-end of the California energy crisis of 2000-2001.
FERC last week agreed to consider whether reporting deficiencies concealed market manipulation that contributed to the Western Energy Crisis of 2000-2001.
Critics say CAISO is moving too quickly in its effort to get a plan for a Western RTO to California lawmakers before legislative session's end.
Iberdrola struck back at a FERC judge’s ruling on their energy crisis supply contract that could subject the company to more than $370 million in penalties.
A FERC judge ruled that Shell and Iberdrola saddled California consumers with $1.1 billion in excess energy costs at the height of the Western Energy Crisis.
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