Monthly Archives: February 2007

Queens Power Outage Update

DPS Staff Issues Draft ReportSince our prior post on the Queens power outage, the New York Department of Public Service (DPS) staff issued a Draft Report. The report, expected to be finalized by February 14, 2007, criticizes Con Edison for misoperation of its system, poor situational awareness, and inadequate communications with the public during the Read more…

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FERC Holds New Enron Hearings After Court Remands

FERC is still holding administrative hearings to determine whether wholesale electricity buyers are owed refunds from Enron due to market manipulation in 2001. The prehearing statement of issues in dispute indicates that the gap between the litigation positions of the parties is large. The buyers claim that Enron made $1.6 billion due to market manipulation; Read more…

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