BUSINESSWEEK ONLINE : JANUARY 8, 2001 ISSUE
NEWS: ANALYSIS & COMMENTARY What's Being Done to Fix the Mess -- Federal regulators have ordered that 95% of the state's power be purchased under long term contracts, which should help stabilize wholesale prices. -- State authorities are racing to grant fast-track approval to con-struct new plants and hope to complete six in the works this year. -- Negotiations are under way to boost consumer electric rates and ensure that the state's two largest utilities remain solvent. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS California's Power Failure TABLE: How California Short-Circuited TABLE: What's Being Done to Fix the Mess INTERACT E-Mail to Business Week Online

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