FERC's ruling on Bonneville Power litigation 'surprising', says BPA administrator; agency is aware company has been urged by Northwest Congressional delegation to settle issue, and that settlement discussions are proceeding in good faith

PORTLAND, Oregon , December 7, 2011 (press release) – "We are surprised and very disappointed that the Federal Energy Regulatory Commission would choose at this moment to render a decision when it is aware that we have been urged by many members of the Northwest Congressional delegation to settle this issue, and when settlement discussions are proceeding in good faith. The temporary oversupply of energy is a Northwest challenge. We believe it is the region’s responsibility to find the most appropriate way to address this challenge."


Steve Wright, administrator, BPA

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.