In the wake of a six-month review by the Commission of alleged manipulation in the short-term electric and natural gas markets, FERC launched formal investigations Tuesday into the potentially illegal activities of three Enron Corp. affiliates — Portland General Electric, Enron Power Marketing and Enron Capital and Trade Resources Corp. — and El Paso Electric, Avista Corp. and affiliate Avista Energy during the western energy crisis in late 2000 and early 2001.
Alleged
Articles from Alleged
Correction
In the report on the adjournment of the FERC hearing investigating alleged market affiliate abuses by El Paso Natural Gas and its affiliates, which ran in NGI’s Daily Gas Price Index for Tuesday, Aug. 7: Note El Paso executives did not refuse to respond to questions from Judge Wagner. El Paso attorneys declined to put the executives on the stand — which would have subjected them to questions from the California Public Utilities Commission and others — as part of the case, saying El Paso’s case was closed. The attorneys said, however, the executives were willing to respond to the judge’s questions. Wagner did not ask any questions.
August 8, 2001
SoCal Seeks OK to Hang ‘Closed’ Sign at Topock
Southern California Gas (SoCalGas) has called on FERC to put anend to El Paso Natural Gas’ alleged practice of over-booking firmprimary capacity at the SoCalGas/Topock delivery point inCalifornia. The distributor contends its own firm entitlements atthe delivery point have been cut between 25%-57% on a daily basisbecause of El Paso’s actions, and that it’s costing it nearly$46,000 a day.
October 16, 2000
SoCal Seeks OK to Hang ‘Closed’ Sign at Topock
Southern California Gas (SoCalGas) has called on FERC to put anend to El Paso Natural Gas’ alleged practice of over-booking firmprimary capacity at the SoCalGas/Topock delivery point inCalifornia. The distributor contends its own firm entitlements atthe delivery point have been cut between 25%-57% on a daily basisbecause of El Paso’s actions, and that it’s costing it nearly$46,000 a day.
October 10, 2000
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
