Sending a message it wants both aggressiveness and cost-effectiveness in a billion-dollar utility meter-change-out proposal, the California Public Utilities Commission Thursday granted Pacific Gas and Electric Co. $49 million in pre-start-up funds — despite a staff recommendation to slash the amount to $7 million — for its proposed five-year effort to transform all of its natural gas and electricity utility customers to advanced (“smart”) metering systems.
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CalPX Expansion Plans Challenged by APX
Showing unusual candor and market aggressiveness, the CEO ofnonprofit, state-chartered California electricity power exchange(CalPX), George Sladoje, recently outlined plans for the CalPX toexpand through alliances and partnerships with private sectortechnology firms. Expansion plans are drawing heavy criticism fromrival, for-profit power exchange Automated Power Exchange (APX),which wants federal regulators to reign in the stategovernment-created operator of the world’s largest wholesale powermarket.
December 28, 1999