California ISO official warns of blackouts

The state is short about 4,000-5,000 Mw for the peak period between 4 p.m. and 7 p.m. PST. Credit problems are deterring the ability of the ISO and the investor-owned utilities to import any power from the Pacific Northwest.

Dec. 13, 2000—UtiliCorp United Inc., anxious to demonstrate the market value of its energy trading unit Aquila Energy, Wednesday reported it will spin off a portion in an initial public offering to the public.

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