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California ISO

Director of Alhambra Grid Operations Tracy Bibb keeps an eye on the state's power usage near the dispatch board in the California Independent System Operator (Cal ISO). (David McNew/Getty Images)

Weakness In Electricity Trading Exposed; State Agency $73M Short

California officials say a big electricity trader has apparently figured out a way to exploit vulnerabilities in the state’s $8 billion-a-year electricity market, just as Enron Corp. did a decade ago.

07/30/2012

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