The rapid transition to a competitive power industry wasresponsible for last summer’s outages and brownouts, and a repeatcould be in store for this year, according to the results of theDepartment of Energy’s (DOE) final report on reliability issues.
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Enron Drops Palm Springs
Enron Corp. has eliminated the last vestiges of its one-timehigh-profile venture into California’s residential electricitymarket by pulling out of its deal with the resort city of PalmSprings. Enron was the energy service provider for a citygovernment-established aggregation business, which had about 2,000mostly residential customers lured away from the local monopolyprovider, Southern California Edison.
Texas Nears Restructuring
Texas moved a step closer to a restructured electricitymarketplace last week when the state Senate approved a bill toderegulate electric utilities. The bill is now bound for the StateAffairs Committee of the House of Representatives. Hearings couldbe held as early as March 29. Gov. George W. Bush has voiced hissupport for electric deregulation.
Texas House Eyes Restructuring
Texas moved a step closer to a restructured electricitymarketplace Wednesday when the state Senate approved a bill toderegulate electric utilities. The bill is now bound for the StateAffairs Committee of the House of Representatives. Hearings couldbe held as early as March 29. Gov. George W. Bush has voiced hissupport for electric deregulation.