Duke says high power prices helped offset California risk

HOUSTON, June 1, 2001 – Duke Energy Corp. said it charged $3,880/MW-hr for electricity in California to help offset “the significant credit risk” associated with selling power to Pacific Gas & Electric Co. and Southern California Edison Co. through the California Independent System Operator.

By the OGJ Online Staff

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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