California ISO Cautiously Optimistic For Summer Power Supply; New Generation Online; Conservation Remains a Key Part of Grid Management Strategy

Business Wire, April 22, 2002

News Editors

FOLSOM, Calif.--(BUSINESS WIRE)--April 22, 2002

There should be enough power to go around this summer in California, but consumer conservation will still be a critical piece of the California Independent System Operator's (ISO) grid management strategy. The ISO's recently released its "Summer Assessment 2002" detailing the best case, middle case, and worst case scenarios for this summer's supply and demand for power. It is available at http://www.caiso.com/docs/2002/04/19/2002041917130017460.pdf

The report shows that since January of 2001, there has been a net increase in available generation of more than 4,300 megawatts in California. Combined with a solid year for hydroelectric production and moderate demand predictions, there should be enough power available to meet California's needs this summer.

The ISO will conduct a news conference call about the summer assessment. Participants include Jim Detmers, Vice President of Operations, and Jim McIntosh, Director of Grid Operations.

  DATE:                    Tuesday, April 23
  TIME (PST):              10:00 a.m.
  PLACE:                   California ISO Media Room
                           101 Blue Ravine Rd., Folsom
                           Control room tours to follow
  PHONE NUMBER:            877/381-5438
  PASSCODE:                ISO News (media only)