Posted on 09/07/2001 6:52:01 PM PDT by Ernest_at_the_Beach
Edited on 04/13/2004 2:38:38 AM PDT by Jim Robinson. [history]
Despite energy companies' claims that California is a bad place to do business, dozens of electricity generators want to cash in on low-cost state loans to build power plants.
Giants like Enron Corp. and Reliant Energy, along with a handful of small companies that generate electricity through windmills and solar power, have submitted proposals to the California Power Authority. The authority has billions to spend on new power plants that would keep Californians' homes from going dark when electricity is scarce.
(Excerpt) Read more at sfgate.com ...
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