News
April-June 2004
News Release: June 17, 2004 | ![]() |
Commission Directs Staff to Review Enron Materials, Recommend
Procedural Steps in Pending Enron Proceedings
The Federal Energy Regulatory Commission today directed staff to
expeditiously review recently submitted materials regarding Enron's
behavior during the 2000-2001 energy crisis, as well as all Enron
proceedings currently pending before the Commission. The Commission
directed the staff to make recommendations as to what additional
procedural steps, if any, the Commission should take with respect
to the pending proceedings in light of the recently filed material.
"As our 2002-2003 staff investigation showed, the corporate culture
at Enron 'fostered a disregard for the American energy customer,'"
said FERC Chairman Pat Wood, III. "These taped conversations indicate
that this corrosive attitude seeped down from the corporate offices
to the employees at the front line."
The material was filed with the Commission in the Enron gaming proceeding
(EL03-180). The pending staff review will determine whether the
material should also apply in other proceedings stemming from Enron's
activities during the Western energy crisis. Other proceedings involving
Enron include the overall refund proceeding (EL00-95), the Enron-El
Paso Electric Co. proceeding (EL02-113), the Enron-Portland General
Electric Co. proceeding (EL02-114), and an ongoing investigation
into the bidding practices of Enron and other participants in the
California spot markets.
R-04-21
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