Addressing the 2000–2001 Western Energy Crisis
Settlements
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October 23, 2008
June 30, 2008
June 4, 2008
May 23, 2008
April 2, 2008
January 8, 2008
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December 21, 2007
July 6, 2007
June 21, 2007
May 17, 2007
FERC approves Settlement and Settlement and Release of Claims Agreement filed on March 12, 2007 by Portland General Electric Company (PGE) and the California Parties. The Settlement consists of a “Joint Explanatory Statement” and a “Settlement and Release of Claims Agreement. The Settlement resolves matters and claims in the Refund Proceedings related to PGE and arising from events and transactions in the Western Energy Markets during the period January 1, 2000 through June 20, 2001 Decision 
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March 1, 2007
Commission approves multiparty APX settlement resolving matters related to western energy crisis News Release | Decision
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June 28, 2006
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May 22, 2006
Idaho Power Company and IDACORP Energy: The Commission approved a settlement for $24,250,000
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January 25, 2006
Agreement accepted between Enron and Nevada companies settling matters stemming from Western Energy Crisis
News Release | Decision
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December 22, 2005
Reliant: The Commission approved a settlement on December 22, 2005, valued at $512 million. Reliant must also submit monthly reports for a year that staff reviews.
December 22, 2005
Commission accepts $512 million settlement with Reliant Energy resolving claims relating to Western Energy Crisis News Release | Decision
December 2, 2005
Public Service Company of Colorado: The Commission approved a settlement for $7.3 million
November 15, 2005
Enron: The Commission approved a settlement for (a) $47 million in cash; (b) $875 million in an allowed unsecured claim; and (c) $600 million
civil penalty in favor of the Attorneys General for California, Washington, and Oregon
November 15, 2005
September 6, 2005
August 24, 2005
August 15, 2005
Reliant Energy agrees to pay $460 million to settle Western Energy Crisis
issues with States and FERC News Release | Fact
Sheet
July 15, 2005
April 13, 2005
Settlement valued at $500 million between Mirant, California Parties and FERC staff
News Release | Order
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December 7, 2004
Commission accepts settlement between Duke and FERC staff, in the amount of $2.5 million, along with a global settlement between Duke and the California parties for $207.5 million
October 27, 2004
October 25, 2004
Order Approving Settlement , with Dynegy and California Parties (EL00-95-000, EL00-98-000, EL01-10-000, IN03-10-000, PA02-2-000, et
al) in the amount of $281 million
September 22, 2004
September 21, 2004
August 5, 2004
August 2, 2004
- Order Approving Contested Settlement , with Coral Power (EL03-151-000) in the amount of $7,787,055
- Order Approving Contested Settlement , with City of Glendale, CA (EL03-147-000) in the amount of $25,000
- Order Approving Contested Settlement , with Northern California Power Agency (EL03-196-000) in the amount of $22,448
- Order Approving Contested Settlement , with Sempra Energy Trading Corporation (EL03-173-000) in the amount of $7,238,516
July 2, 2004
May 6, 2004
April 19, 2004
March 26, 2004
March 8, 2004
- Order Approving Contested Settlement Agreement ,
with Acquila Merchant Services, Inc.; in the amount
of $75,975
- Order Approving Contested Settlement Agreement ,
with Morgan Stanley Capital Group, Inc.; in the amount
of $857,089
- Order Approving Contested Settlement Agreement ,
with PacificCorp; in the amount
of $67,745
- Order Approving Contested Settlement Agreement ,
with Portland General Electric Company; in the amount
of $12,730
March 4, 2004
January 22, 2004
- Order
Approving Contested Settlement Agreement , with
the City of Redding, California; in the amount
of $6,300
- Order Approving
Uncontested Settlement , with American Electric Power Service Corporation;
in the amount of $45,240
- Order Approving
Contested Settlement , with Puget Sound Energy, Inc.; in the amount
of $17,092
- Order Approving
Contested Settlement , with Williams Energy Services Corp.; in the amount
of $45,230
- Order Approving
Uncontested Settlement , with San Diego Gas & Electric Company; in the amount
of $27,972
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December 19, 2003
Duke settles with Commission Staff, in the amount of $2.5 million
News Release |
Order
December 18, 2003
November 14, 2003
October 2, 2003
Reliant settles California cases- proceeds could total $50 million
News Release | Order
July 23, 2003
July 18, 2003
FERC approves Stipulation and Consent Agreement with BP Energy
on Price Manipulation in Western Markets. BP Energy to pay $3 million to fund low-income home
energy assistance program
Order
| Stipulation Agreement
January 31, 2003
Commission Approves $13.8 Million Settlement With Reliant Energy
over Physical Withholding In California Power Exchange Market
News Release
| Order
| Transcripts
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No Settlements were reached
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Important Items
Final Report on Price Manipulation In Western Markets (March 2003)
Enron Trading Memos
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