Although he praised FERC as a “fine group of people,” CaliforniaGov. Gray Davis yesterday made very clear that he doesn’t like whatit’s prescribed to mend his state’s seriously flawed bulk powermarket.
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Houston Jury Raps HL&P With $30M in Damages
The other shoe – five times larger than the first – dropped onReliant Energy’s Houston Lighting & Power Co. (HL&P) lastweek in a case that found the utility defrauded three Texas citiesof fees owed for its exclusive right to sell electricity. Adistrict court jury in Houston awarded the three cities $10 millioneach in punitive damages. That’s on top of $4.2 million in actualdamages (about $6 million including interest and attorneys’ fees)awarded two weeks ago.
FGT Raps Competing Buccaneer Pipe Project
The proposed Buccaneer Pipeline, which is seeking approval as anoptional-certificate project, should be held to the same highstandards as are other major pipeline projects under FERC’s newpolicy statement, says Florida Gas Transmission (FGT).
FGT Raps Competing Buccaneer Pipe Project
The proposed Buccaneer Pipeline, which is seeking approval underoptional-certificate procedures, should be held to the same highstandards spelled out in FERC’s new policy statement that all majorpipeline construction proposals are, says Florida Gas Transmission(FGT).
Court Raps FERC in Capacity Gaming Case
The D.C. Circuit Court of Appeals has remanded FERC’s rejectionof a 1997 complaint in which Southern California Edison accusedSouthern California Gas (SoCalGas) of gaming the secondary marketfor firm capacity on key transportation links between the low-costSan Juan producing basin and the California border.