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Report on Electric Utility Trading Activity in 2000-01
On June 12, 2003, the Commission decided to delay a decision on opening formal investigations into trading activity by Portland General Electric, PacifiCorp, and Idaho Power Company in 2000-01 until the Federal Energy Regulatory Commission (FERC) completes its review of the matter. The Commission also reaffirmed that it will hold customers harmless for any penalties imposed by FERC or any other authority related to trading activity during the western electricity crisis of 2000-01. The Commission acted on recommendations presented in a staff memo and final report on whether the trading activities of the three utilities in 2000-01 violated any Oregon statutes or Commission rules or orders.
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