FERC ALJ: Shell, Iberdrola Owe California $1.1B over Energy Crisis

By Robert Mullin A FERC judge ruled last week that Shell Energy North America and Iberdrola Renewables saddled California consumers with $1.1 billion in excess energy costs at the height of the Western Energy Crisis. The initial decision by Administrative Law Judge Steven Glazer said the Mobile-Sierra presumption of “justness...