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Subject: LADWP, BC Hydro, Bonneville Accused of Gouging California Energy Cost Study Critical of Public Agencies Too Power: DWP is among three government-run producers cited as driving prices up. Spokesmen deny any market manipulation. By ROBERT J. LOPEZ, RICH CONNELL, Times Staff Writers ??? ?Government-owned utilities, including the Los Angeles Department of Water and Power, were influential in driving wholesale electricity prices to levels that helped ignite California's exploding energy crisis during the summer and fall, according to public and confidential records. ???? ?For months, Gov. Gray Davis, legislators and consumer advocates have chiefly blamed a few private power companies for throwing the state into darkness and economic chaos. ???? ?But they are just part of the equation. ???? ?A confidential document obtained by The Times names power providers that have allegedly manipulated the electricity market. While the document does identify out-of-state merchants criticized for gouging, it also discloses for the first time the extent to which public entities allegedly have maximized profits in the volatile spot market. ???? ?The document--which decodes the identities of unnamed suppliers in a
LADWP, BC Hydro, Bonneville Accused of Gouging California