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Keyword: powerbuys

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  • California: ISO accused of bid to play power games

    05/22/2002 4:56:11 PM PDT · by Ernest_at_the_Beach · 10 replies · 209+ views
    The Sacramento Bee ^ | May 22, 2002 | Carrie Peyton Dahlberg
    <p>Operators of California's electric grid played market games in an effort to counter those being played by generators, and consumers were the losers, state Sen. Joe Dunn said Tuesday.</p> <p>The state Independent System Operator said it would investigate the Santa Ana Democrat's charges, and a spokesman for the state's power buying agency said it was concerned that the ISO had behaved improperly.</p>
  • California:Panel told of unneeded overpriced power buys

    05/22/2002 10:11:12 AM PDT · by Ernest_at_the_Beach · 17 replies · 202+ views
    The Orange County Register ^ | May 22, 2002 | JOHN HOWARD
    <p>SACRAMENTO -- Determined to avoid blackouts, California's own electricity grid managers ordered power they didn't need and forced the state to pay top dollar for excess energy that was sold later at a loss, according to the head of the Legislature's probe into energy market price fixing.</p>