Energy

California governor proposes state power line purchase

February 16, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Plunging California deeper into the energy business, Gov. Gray Davis proposed a multibillion-dollar plan Friday to rescue two utilities from the brink of bankruptcy</p>

Bailout Watch #9 – Feb 15, 2001

February 16, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH:  Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #9 - Feb 15, 2001<br/> <br/> D-Day for Gray</strong><br/> <br/> Friday is Decision Day for Governor Gray Davis. He is scheduled...

Troubled power firm tries to restart two generators

February 15, 2001  ·  Doug Heller

<p class="source">The Associated Press</p> <p>The owner of a Huntington Beach power plant that has agreed to pay $17 million to settle air pollution claims is trying to crank up two dormant generators to feed the state's ailing power grid.</p>

State’s tally nears $2 billion for short-term power buys

February 15, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>The state Wednesday prepared to spend $500 million more on emergency power-buying, raising the tally to nearly $2 billion</p>

Davis to announce buying of transmission lines

February 15, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>Democratic lawmakers and Gov. Gray Davis Friday will propose a plan to rescue two debt-ridden utilities by buying their transmission lines, requiring their parent companies and ratepayers to pick up the rest of the tab.</p>

CREDITORS CHAFE AT STATE’S PACE ON POWER CRISIS

February 15, 2001  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>The California energy crisis is hurtling along two tracks--one the slow lane of legislative politics, the other the hyper-speed autobahn of high finance.</p>

Berkeley Takes On Energy Crisis

February 15, 2001  ·  Consumer Watchdog

<p class="source">The San Francisco Chronicle</p> <p>Let no one accuse Berkeley of shirking the search for solutions to the energy crisis.</p>

Bailout Watch #8 – Feb 14, 2001

February 15, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH:  Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #8 - Feb 14, 2001<br/> <br/> $2 billion in ransom payments.</strong><br/> <br/> FTCR warned that opening the state's treasury to...

State’s tally nears $2 billion for short-term power buys

February 14, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>The state Wednesday prepared to spend $500 million more on emergency power purchases, raising the tally to nearly $2 billion</p>

PUC members’ trips raise eyebrows

February 14, 2001  ·  Consumer Watchdog

<h3>Energy firms help fund utility commissioners' travel, and their representatives go along.</h3><p class="source">The Orange County Register</p> <p>Members of the state agency that oversees utility rates in California have been traveling around the world on trips paid for in part by energy companies.</p>

Judge denies Edison bid for fast rate rise State says move allows more time to solve debt crisis

February 13, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>A federal judge Monday denied Southern California Edison's request to quickly raise its rates by about 9 percent to cover the skyrocketing costs of wholesale power associated with deregulation.</p>

Utility Consumers Groups Enjoy New Power amidst California’s Power Crisis

February 13, 2001  ·  Consumer Watchdog

<p class="source">North County Times</p> <p>Groups that represent utility consumers, after spending years in the obscurity of regulatory hearings, are suddenly enjoying access and clout as lawmakers wrestle with the power crisis in California.</p>