I am not sure what will happen when the dust settles, but I doubt that it will change much at FERC. Part of the problem is that it is very difficult to retroactively unwind all of the short term and power market spot sales. It is even harder to figure out who made money and who lost money. If there was a big pot of money that Enron and others had, it would be easier to come up with a solution.
As it is now, a lot of "innocent" PNW public utilities got hammered by high prices to keep the lights on in California. They are fighting that tooth and nail and want to reset the clock and get refunds.
A good report would have included information as to whose plant that was, and whether it was in fact taken offline. But the purpose of this story was not to provide facts or context. It was to smear George Bush, even though he had nothing whatsoever to do with it.
The media realizes that have to resurrect another dead horse to try to beat on the President again.
Ridiculous!
Does anyone know how these tapes were obtained? They seem like a Hollywood parody of corporate evildoers. I know there are true creeps in the world, but these conversations sound too bad to be true; they reiterate every Hollywood stereotype about evil corporations: robbing grandma, laughing at the unfortunate, the references to evil Republicans and the Bush administration, etc. Do we know for sure that these tapes are authentic?