In his parting shot as FERC chairman last week, James J. Hoecker issued one last plea to California Gov. Gray Davis to join with the Commission to enforce its comprehensive reforms for the state’s beleaguered power market: a $150/MWh soft price cap on wholesale sales, an emphasis on forward contracting by utilities, market-monitoring activities, and state participation in a regional transmission organization (RTO).
Plea
Articles from Plea
Hoecker Tells Gov. Davis ‘Put Down the Guns’
In his parting shot as FERC chairman last week, James J. Hoeckerissued one last plea to California Gov. Gray Davis to join with theCommission to enforce its comprehensive reforms for the state’sbeleaguered power market: a $150/MWh soft price cap on wholesalesales, an emphasis on forward contracting by utilities,market-monitoring activities, and state participation in a regionaltransmission organization (RTO).
January 22, 2001
Merger of Nevada Utilities Conditioned on Plant Sales
Despite a plea from Nevada regulators to postpone action, theFederal Energy Regulatory Commission last week readily approved a$4 billion merger of the state’s biggest electric and gas providers- Sierra Pacific Power and Nevada Power.
April 19, 1999
Enron Petition for Limited Waiver Protested
A plea by two Enron affiliates for a limited waiver of thecapacity-release regulations and the “shipper must have title”policy is being met, at least initially, with opposition from thenatural gas industry.
June 3, 1998
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