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Pastimes : The California Energy Crisis - Information & Forum

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To: deepenergyfella who started this subject2/19/2001 2:57:34 PM
From: deepenergyfella   of 1715
 
In reading the article linked below "Costly export: Golden State power AES finds investment in California plants pays off" By Russ Britt, I have chosen to add some of the companies mentioned to the 'watch list' portfolio.

cbs.marketwatch.com

Two sentences I found interesting in his article were;

1)"The problem, both sides say, is that it's next to impossible to trace which power goes where."

2)"California - is extremely difficult since many of these involve private companies that often don't have to open their books."

I guess that helps explain how 'collusion' accusations get quite obscure to ever argue about when the business side of the energy/util industry isn't really very transparent .

Def.

New additions to watch list portfolio:
Reliant Energy Corp. (REI) - operates 5 plants in CA.
Duke Energy Co. (DUK)- bought plants in CA
AES Corp. (AES) - sells the electricity to Williams
Thermo Ecotek Corp. (TCK) - alernative energy
The Williams Companies Inc. (WMB)
Mirant Corp. (MIR)

Some key California Energy Crisis followers mentioned:
George Sladoje, CEO of the California Power Exchange.
Keith Casey, economist California Independent Systems Operator.
Peter Navarro, public policy professor at UC Irvine.
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