Dynegy alleges in the Dec. 22 complaint the ISO pays less for power from in-state generators, while paying higher market-based rates for out-of-state power during emergencies. The Houston-based energy merchant says the tariff paid under these conditions is less than its short-term marginal costs to operate its plants. The ISO can impose the tariff when it has declared a situation of short supply.
Jan. 8, 2001—U.S. government energy forecasters lowered projections for natural gas demand growth to 2.9% this year, compared to 2000, down from a forecasted 3.8% growth rate projected in December.