California governor, utilities condemn FERC order

The Federal Energy Regulatory Commission (FERC) acted Friday after the California grid operator scrambled for nearly 2 weeks to keep power flowing in the state. In general, FERC ordered reforms that will force state utilities out of the high-priced spot market into less-volatile long-term contracts.

LOS ANGELES, Dec. 18, 2000 (PRNewswire) — Two related class action lawsuits have been filed in the California Superior Court in Los Angeles, against Southern California Gas Company, San Diego Gas & Electric Company, Sempra Energy (parent of the two utilities), El Paso Natural Gas Co., and other companies related to El Paso Natural Gas.

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