The California Independent System Operator (ISO), the nonprofit agency that manages 75% of California’s transmission power grid and secures power supplies for most of the state’s consumers, said the Stage 1 emergency, signifying reserves have fallen below 7%, would be in effect until 10 p.m. tonight.
Jan. 9, 2001–Blaming “out-of-state energy companies and brokers” for the state’s electricity shortage, California Gov. Gray Davis Monday proposed solutions that include creating a state power authority, more conservation, and criminal penalties for firms withholding power from the market.
