Energy

Bailout Watch #56 – Jun 26, 2001

June 26, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #56 - Jun 26, 2001<br/> <br/> A.i.</strong><br/> That electricity prices have been Artificially Increased by the wholesalers is beyond...

Plan Won’t Raise Rates, Davis Says

June 20, 2001  ·  Consumer Watchdog

<h3>Governor seeks to assure Senate, where Democrats say action is a bailout of nearly bankrupt utility.</h3><p class="source">Los Angeles Times</p> <p>Gov. Gray Davis sought to assure the state Senate on Tuesday that his plan to save Southern California Edison from threatened financial collapse would work without increasing customer rates.</p>

Federal Order Fuels a California Dispute

June 20, 2001  ·  Consumer Watchdog

<p class="source">The New York Times</p> <p>Most sides involved in California's energy crisis called the decision by federal regulators to place tighter limits on the wholesale price of power a positive if limited step</p>

Davis Finds Hope in Calif. Power Crunch

June 20, 2001  ·  Consumer Watchdog

<p class="source">The Washington Post</p> <p>Sinking in the polls, under attack by a new Republican advertising campaign and still struggling to avert a summer of blackouts, California Gov. Gray Davis</p>

Hearings begin into Southern California Edison assistance proposal

June 19, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>More than two months after Gov. Gray Davis agreed to help financially strapped Southern California Edison in exchange for buying its power transmission lines, skeptical senators began weeks of hearings on the proposal Tuesday.</p>

Governor strikes a deal to erase San Diego Gas & Electric’s debt

June 19, 2001  ·  Consumer Watchdog

<p class="source">The San Francisco Chronicle</p> <p>Gov. Gray Davis announced a deal with San Diego Gas & Electric yesterday that will eliminate the utility's past debt without rate increases and give the state the option to purchase its transmission lines.</p>

Davis critics wary of bid to buy grid

June 19, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>Gov. Gray Davis unveiled a new agreement Monday to purchase portions of the state's electricity transmission grid, a move he considers key to solving the current crisis, but critics warned that the state may be moving too fast in the wrong direction.</p>

CALIFORNIANS AND WESTERN POWER CONCERNS GIVE PLUSES AND MINUSES OF THE FERC’S DECISION TO CAP ELECTRICITY PRICES THERE

June 19, 2001  ·  Consumer Watchdog

<p class="source">National Public Radio</p> <p>In California, there was mixed reaction to the FERC's decision to limit energy prices.</p>

‘Soft cap’ a win for Davis, cover for GOP

June 19, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>It was more than Gov. Gray Davis might have expected from a regulatory agency in a Republican administration that has repeatedly and flatly denounced wholesale energy price controls as counterproductive.</p>

State’s future power hinges on unbuilt plants

June 17, 2001  ·  Consumer Watchdog

<h3>Big part of supply to come from facilities that don't exist yet</h3><p class="source">The San Francisco Chronicle</p> <p>A whopping 420 million megawatt hours of the electricity California has contracted to buy over the next decade is from power plants that have not yet been built.</p>

Utilities to give 2-day warnings of blackouts

June 16, 2001  ·  Consumer Watchdog

<h3>PG&E to post maps on Web showing location of outages</h3><p class="source">The San Francisco Chronicle</p> <p>Energy customers will know as early as two days in advance that they could lose power this summer under a plan unveiled yesterday</p>

Power Debate Heats Up as Davis Reveals Contracts

June 16, 2001  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>After months of resisting disclosure, Gov. Gray Davis on Friday released 38 long-term power contracts that aides said show the administration is deftly managing the energy crisis</p>