California Energy Crisis
The 2000-2001 electricity crisis that brought rolling blackouts to California and ultimately contributed to Enron's public downfall
Regulatory
15 entries
C
Christi Nicolay
FERC regulatory specialist who led Enron's wholesale electricity policy work, focusing on transmission access, RTO development, and interconnection policy in the Eastern United States
Credit Derivatives
Enron's credit derivatives trading operation, launched on EnronOnline in early 2000, offered simplified bankruptcy protection products across multiple jurisdictions and intersected with the company's SPE structures through LJM credit risk modeling.
D
Drew Fossum
Vice President and General Counsel of Enron Transportation Services who managed legal affairs for Northern Natural Gas and Transwestern Pipeline before his promotion to oversee all ETS legal operations in April 2001.
F
FERC Regulation
The Federal Energy Regulatory Commission's dual role as enabler and eventual investigator of Enron's energy trading operations, culminating in $6.3 billion in Western Energy Crisis settlements and the public release of the Enron email corpus.
G
Ginger Dernehl
Administrative Coordinator in Enron's Government Affairs department who served as the central distribution hub for regulatory intelligence, department communications, and policy updates under Steven Kean and Richard Shapiro.
Government Affairs
Enron's government relations, regulatory affairs, and political strategy department that managed relationships with legislators, regulators, and government officials worldwide
J
James Steffes
Vice President of Government Affairs who led Enron's U.S. Energy regulatory team, specializing in FERC proceedings and Regional Transmission Organization policy
Jeff Dasovich
Director of Regulatory Affairs at Enron who served as the company's chief intelligence officer on California during the 2000-2001 energy crisis.
P
PUC Regulation
State-level Public Utility Commission oversight of Enron's retail operations, rate structures, and market participation, dominated by the California PUC's crisis-era actions on rate freezes, wholesale market investigations, and the suspension of direct access.
R
Richard Shapiro
Vice President of Regulatory Affairs and Managing Director of Government Affairs for the Americas who led Enron's federal, state, and international regulatory strategy
S
Sarah Novosel
Regulatory counsel in Enron's Government Affairs department who served as the company's FERC analyst and RTO policy specialist, based in Washington DC
Steven Harris
Vice President of the Transwestern Commercial Group who managed commercial operations for Enron's Texas-to-California natural gas pipeline, oversaw the $93 million Red Rock Expansion, and led regulatory proceedings before FERC and the CPUC.
Susan Mara
Director of Regulatory Affairs for California who managed Enron's CPUC and ISO proceedings during the state's electricity crisis
Susan Scott
Senior Regulatory Attorney at Enron Transportation Services who specialized in natural gas pipeline regulation and FERC compliance, with extensive involvement in the California energy crisis.