Richardson cuts California price cap, extends order

The order prohibits the California Independent System Operator (ISO) from agreeing to pay more than $64 MW-hr for electricity purchased in the spot market, or equal to the price the California Public Utilities Commission is permitting Southern California Edison Co. (SCE) and Pacific Gas & Electric Co. (PGE) to charge their retail customers.

Jan. 8, 2001–Financially troubled Southern California Edison Co. (SCE) was handed good news from a federal court in California concerning its quest to recover uncollected wholesale power costs from customers.

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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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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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