Energy

California may have energy surplus

November 24, 2001  ·  Consumer Watchdog

<p class="source">San Antonio Express-News</p> <p>After having to scrounge for enough electricity to keep the lights on this year, this state could find itself stuck with a big - and costly - surplus of power over the next decade, a California analysis says.</p>

Enron: The power that was

November 20, 2001  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>The dramatic fall of Enron Corp., the Houston trading firm that pioneered and profited from increased competition in the electricity and natural gas industries, puts an additional note of discord into California's troubled experiment in deregulation.</p>

Power to the people?

November 17, 2001  ·  Harvey Rosenfield

<h3>As electricity crisis eases, so does push for public ownership</h3><p class="source">San Diego Union Tribune</p> <p>As California slid into the electricity crisis last year, a move toward a publicly owned power system gathered steam as the solution to failed deregulation and runaway prices.</p>

Governor’s greased lighting

November 16, 2001  ·  Consumer Watchdog

<h3>Davis criticized for accepting money from power companies</h3><p class="source">The San Francisco Chronicle</p> <p>After having sworn off campaign contributions from energy companies, Gov. Gray Davis has started taking money from power providers seeking to do business with the state.</p>

Generators Add to Davis Coffers

November 16, 2001  ·  Consumer Watchdog

<h3>To critics' dismay, he accepts $50,000 from energy firms, saying they're not on 'gougers list.'</h3><p class="source">Los Angeles Times</p> <p>Gov. Gray Davis accepted $50,000 in campaign donations from power companies in October, after having sworn off raising money from them as the energy crisis worsened earlier this year, campaign finance reports show.</p>

Smaller Rival to Acquire Teetering Enron

November 10, 2001  ·  Consumer Watchdog

<h3>Energy giant that pressed for deregulation in California is on the brink of collapse.</h3><p class="source">Los Angeles Times</p> <p>Enron Corp., the once-highflying energy giant whose aggressive efforts to profit from California's energy deregulation made it a target of consumer and political backlash, on Friday agreed to be saved from possible financial collapse through a proposed a</p>

Judge refuses to grant stay in $3.3 billion settlement

November 9, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Opponents promised to take their case to a higher court after a federal judge refused Friday to block a $3.3 billion settlement between Southern California Edison and power regulators.</p>

Enron not California’s largest power supplier, but merger could affect prices

November 9, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>When Houston-based Dynegy Inc. announced Friday that it had bought Enron, its larger rival for $7.8 billion shares of stock, some energy traders predicted fluctuating power prices in the coming months throughout the West as the market settles into a new h</p>

Powerful committee chairman has multiple fund-raising activities going

November 8, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>When Assemblyman Rod Wright cut short a committee hearing last August, he said lawmakers needed more time to study a complicated utility bailout plan before voting on it.</p>

Enron in Takeover Talks With Dynegy

November 8, 2001  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>Enron Corp., the troubled energy-trading giant, was in talks Wednesday over a possible takeover by Houston neighbor and rival Dynegy Inc., industry sources said.</p>

California tones down insults as Enron experiences woes of its own

November 4, 2001  ·  Consumer Watchdog

<p class="source">The Houston Chronicle</p> <p>If there's one market that might applaud the mounting financial woes facing energy giant Enron Corp., it's California, whose power sector was shattered by the market deregulation that Enron tirelessly champions.</p>

Federal court temporarily blocks Edison debt payment plan

October 31, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>A federal appeals court temporarily has blocked a settlement between California's second-largest utility and state power regulators that would keep electric rates at record highs for the next two years.</p>