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Federal Energy Regulatory Commission

Industries Electric Industry Activities Addressing the 2000-2001 Western Energy Crisis

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June 21, 2007
April 23, 2007
June 28, 2006
October 6, 2005 July 20, 2005 April 1, 2005 March 11, 2005
    The Commission clarifies that the disputed terminated contracts between Enron and various utilities (executed during the period January 16, 1997 to June 25, 2003) are within the scope of this proceeding, and shall be addressed in the ongoing hearing in Docket No. EL03-180, et al., subject to any applicable bankruptcy restrictions Order on Clarification PDF
January 31, 2005
    FERC trial staff testifies in Enron Gaming case that Enron’s profits in Western states from 1997 through 2003 was more than $1.6 billion, and recommends that Enron be required to surrender the full amount.
October 27, 2004 September 21, 2004 August 5, 2004
    Commission approves $3 million Gaming and Partnership settlement with Dynegy PDF (congestion and double selling).
August 2, 2004 July 22, 2004
  • Commission orders Enron to forfeit at least $32.5 million in unjust profits because it violated its market-based rate authority;
  • Commission set for expedited hearing a complaint by Nevada Power Company and Sierra Pacific Company against Enron Power Marketing, Inc relating to a contract termination payment of $300 million;
  • Commission directed the ALJ to determine how much more of Enron’s profits earned between January 1997 and June 2003 Enron should be required to forfeit since it was not in compliance with its market-based rate authority.
March 26, 2004 March 8, 2004 March 4, 2004 January 26, 2004
    The FERC Chief Administrative Law Judge consolidates for hearing the remaining Gaming and Partnership cases with outstanding Enron issues (EL03-180). Order PDF
January 22, 2004
June 25, 2003

Final Report on Price Manipulation In Western Markets (March 2003) Enron Investigation Enron Trading Memos Enforcement

Updated: June 28, 2010