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Deregulation 2003 P9



RED Index places Texas and UK highest on electric competition
The 4th Edition of the RED Index (Retail Energy Deregulation Index), issued yesterday by the Center for the Advancement of Energy Markets (CAEM) at the Edison Electric Institute's National Accounts Conference, shows that California's well-publicized troubles, the Enron collapse and the financial crisis in the energy industry have all but halted progress on electricity competition in the U.S.

Czechs may delay CEZ sale until after 2006
The expected sale of Czech Republic power company CEZ may now be delayed until after the current government's term expires in 2006, at least two years later than previously thought, a senior minister said on Wednesday.

Bolivian regulator to hire consultant to prepare electric law changes
Bolivia's electric power regulator is preparing to tender a contract for a consulting firm to evaluate electric power law modifications, which aim to attract more private sector investment.

European energy sector focuses on single electric market and renewable energy
Although the European Union (EU) has been slow in developing a single electric supply market new EU mandates are expected to speed up this integration, Power Engineering Associate Editor Douglas J. Smith writes in his article from the April issue.

FERC move brings end to blame game, group says
FERC's decision to release documents for California's market manipulation investigation should end the "blame game" and help avoid future shortages, the Western Power Trading Forum announced.

Statement by EPSA President Lynne H. Church on FERC's probe into energy market
Lynne Church, the president of the Electric Power Supply Association (EPSA), released a statement immediately following rulings by the Federal Energy Regulatory Commission (FERC) on its Western energy market manipulation investigations.

Czech ministers won't oppose CEZ merger
The merger between Czech Republic utility CEZ AS and four regional electricity distributors looks set to go forward after the government decided not to discuss the issue at cabinet level or propose cancelling the merger, according to news reports.

Energy commission expects jump in California energy refunds
The Federal Energy Regulatory Commission took action Wednesday that it expects will increase the amount of refunds in connection with California's energy crisis of 2000 and 2001.

FERC readies tough action based on staff report citing market manipulation, other violations
FERC has concluded that an underlying supply-demand imbalance and flawed market design combined to make a fertile environment for market manipulation.

Show cause orders accuse energy companies of market manipulation
The Federal Energy Regulatory Commission (FERC) issued several "show cause" orders Wednesday to companies it is accusing of energy market manipulation during California's power crisis.

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