Bobbie

FERC ALJ Sets Bar Higher for California in Contract Challenges

FERC Administrative Law Judge (ALJ) Bobbie McCartney last Thursday ruled that power contracts entered into between four power suppliers — Dynegy Power Marketing, El Paso Merchant Energy, Morgan Stanley Capital Group and Sempra Energy Resources — and the California Department of Water Resources (CDWR) during the state’s 2000-2001 energy crisis should be held to a standard that will make it tougher for California to overturn those contracts.

January 20, 2003