During Power Hearings, Experts Cite Bid Flaws

Summary


Economics has never been an exact science, and this week's hearings surrounding PacifiCorp's proposed Currant Creek power plant prove it.

Add to the mix a roomful of attorneys squabbling over "discounted megawatts" and "real levelization" and the confusion begins.

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Extract


During Power Hearings, Experts Cite Bid Flaws

"This is real voodoo economics," said F. David Graeber, principal of Spring Canyon Energy LLC, one of the losing bidders. "This is standard operating ...

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