High gas and power prices dog California market

“Today could be the day for a Stage 3,” says Patrick Dorinson, spokesman for the California Independent System Operator (ISO).The ISO calls a Stage 3 emergency if reserve margins fall below 3% and will implement rolling blackouts to prevent a total system collapse.

Dec. 5, 2000–Nonutility electric companies are playing an increasingly larger role in the U.S. electricity market.

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