California PX’s Sladoje criticizes FERC proposal

Nov. 9, 2000—Federal Energy Regulatory Commission proposals to eliminate a requirement that electricity be bought and sold on the California Power Exchange could “inadvertently drive business out of the effectively functioning day-ahead and day-of markets,” George Sladoje, president and CEO of the California Power Exchange, warned in written remarks scheduled to be presented at a FERC hearing Thursday.

By Donna Leusner , The Star-Ledger, Newark, N.J.

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