Marketers Seek Halt to CA ISO, PX Disclosures
In an emergency motion filed at FERC this week, eight power marketers serving California asked the Commission to bar the Cal-ISO and Cal-PX from disclosing confidential information about their companies and/or practices --- absent adequate confidentiality safeguards --- to state agencies investigating the out-of-control electricity market in the state.
The power marketers want FERC to issue a "uniform standard" that would give the disclosures by the Cal-ISO and Cal-PX the "same confidentiality protections" as those provided under FERC-approved tariffs and the Commission's Model Protective Order. If that's not possible, they urged the Commission to stay the release of such information in California while their emergency motion is under review.
The marketers said quick action was needed because the Cal-ISO planned to release proprietary information about certain companies Tuesday (Dec. 20) to the California Public Utilities Commission (CPUC) and the California Electricity Oversight Board (EOB). At press time yesterday, the Commission had not responded to the marketers' emergency request [EC96-19, ER96-1663].
Given the "unsettled conditions" in the Golden State bulk power markets, the CPUC, EOB, the state attorney general's office and Bureau of Audit have initiated investigations into the dysfunctional market, and either have served or plan to serve subpoenas or data requests on the Cal-ISO and Cal-PX. These requests seek bidding, pricing and outage data, and other sensitive proprietary information about companies that are participating in California market, according to the marketers.
But "no state agency has, as yet, offered substantial assurances that confidentiality will be preserved...on a substantially similar basis" to that offered by FERC in its Model Protective Order, they said. Such an order limits disclosure of confidential information only to those persons with a "need to know."
The power marketers said they didn't object to the Cal-ISO and Cal-PX releasing information to the state agencies if adequate confidentiality safeguards are assured. Nor, they emphasized, were they trying to delay any of the investigations.
The marketers seeking the emergency motion include Duke Energy North America LLC, Duke Energy Trading and Marketing LLC, Dynegy Power Marketing Inc., Reliant Energy Power Generation Inc., Reliant Energy Services Inc., Southern Energy Inc., Williams Energy Marketing & Trading Co., and AES Corp. and its affiliates.
©Copyright 2000 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.