Wake

Some environmental groups have decided to refrain from publicly criticizing President Bush’s energy policy in the wake of last week’s deadly terrorist attacks on the nation’s financial district in New York City, its capital in Washington, D.C., and an airliner that crashed in Pennsylvania.

FERC does not plan to re-schedule the regular bi-monthly meeting that was canceled last week in the wake of the terrorist attacks in New York City and Washington, D.C., said a spokeswoman for the agency. Instead, its next meeting will be Sept. 26.

Prices fell Thursday in the wake of a large storage injection report and a continuing dearth of air conditioning load. Volumes and trading activity remained minimal in the absence of futures guidance, and sources reported that the feelings of grief and numbness from the attacks against New York City’s World Trade Center and the Pentagon were slow in dissipating.

FERC does not plan to re-schedule the regular bi-monthly meeting that was canceled this week in the wake of the terrorist attacks in New York City and Washington, D.C., said a spokeswoman for the agency. Instead, its next meeting will be Sept. 26.

Although Avista Corp. has revised its earnings projections for 2001 upward in the wake of positive second quarter earnings results, company executives said that the political and regulatory uncertainty that continues to swirl around western energy markets muddles its ability to forecast how its energy trading and marketing arm will perform over the next year or so.

In the wake of last week’s Presidential energy trip to California, state officials are continuing their love-hate relationship with the Bush Administration, which Gov. Gray Davis credits with providing the “little things” needed to boost supply and cut demand, but avoiding “the big enchilada” of wholesale price relief.

In the wake of recent concerns expressed by Florida Public Service Commission (FPSC) staff related to Florida Power & Light Co.’s participation in GridFlorida, a regional transmission organization being formed by FPL and several other Florida utilities, FPL on Friday said that it may have to take a second look at its RTO plans.

In the wake of recent concerns expressed by Florida Public Service Commission (FPSC) staff related to Florida Power & Light Co.’s (FPL) participation in GridFlorida, a regional transmission organization (RTO) being formed by FPL and several other Florida utilities, FPL on Friday said that it may have to take a second look at its RTO plans.

In the wake of FERC’s much-anticipated investigation report and companion order on the California wholesale power market last week, out-of-state power marketers breathed a collective sigh of relief when the Commission declared it didn’t uncover any “specific” instances of market-power abuse on which to pin the huge run-up in power prices this past summer. The Commission focused instead on correcting regulatory and structural design flaws, specifically with the California Independent System Operator (Cal-ISO) and Power Exchange (Cal-PX), which were aggravated by severe weather and market conditions.