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Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (488)6/13/2001 10:51:51 AM
From: DavesM  Respond to of 1715
 
Saw an interesting quote in the LA Times today. The article is about the long term contracts the Governor entered into (it seems that the process of disclosure is beginning). Anyway, a spokesman from Enron stated that last summer, Enron and a number of other energy traders offered to sell power to CA at ~$50/MW - the catch? For that rate, Enron et. al. wanted 5 year contracts.