Ray,
I do find it interesting that 4,000MW were sent out of California, do you know who the purchaser(s) were? Could some of the power be accounted by this?...Dec 14, 2000: "BPA will continue assisting California at no cost to the Pacific Northwest"..."Bonneville Power Administration continued making energy deliveries to California today to assist the state in meeting peak evening loads... California must return power to BPA on a two-for-one exchange basis. At least half of the return must occur within 24 hours of BPA deliveries. The remainder of the exchange may occur during nighttime hours and weekends when loads are relatively low...." Or did the 4,000MW not include power sent back to the BPA?
re: Sen. Feinstein requested that there be more transparency in the operations of the Cal ISO...Sen Feinstein, can ask the Sec of Energy for more transparency, but why not ask the Governor (who's people are the ones actually buying the power). Further, the Governing Board of the Cal ISO are appointed by the Governor of California, and I believe are subject to State Oversight. But she should remember, in order to sign some of the better long term contracts, the State claimed, they sometimes had to keep the rates and producers confidential
The first Bush appointment to the FERC was sworn on June 5, 2001!! If wholesale price caps couldn't fly on a FERC comprised with all (3) Clinton Appointees, I don't think the addition of two Bush appointees will help.
A couple more notes:
City Utilities resent Gov Davis' Threat.
The Governor threatened to use his executive authority to seize surplus power from municipal utilities (LA DWP) that don't agree to sell to the state in contracts based on production costs - an example of the "wounded bear strategy?". The Governor is right though, municipal utilities seem to have taken advantage of the situation just as the Merchant Power Producers did.
Chevron Threatens to cut gasoline production, if they are not exempted from blackouts.
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