NERC board to consider penalties for reliability violators

In addition, NERC’s board will consider a new funding model incorporating user fees. The proposal is part of the not-for-profit organization’s planned transition from a voluntary group to an independent self-regulated industry organization.

Jan. 5, 2001—PPL Corp. said its $17 million exposure to the California electricity market will not effect its 2000 earnings outlook, even if the company is not able to collect the money owed for energy sales to California.

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