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FOR IMMEDIATE RELEASE
August 02, 2004
Gregoire Urges BPA to Consider Additional Enron Claims


OLYMPIA -- Attorney General Christine Gregoire today urged the Bonneville Power Administration (BPA) to consider filing additional claims to disgorge profits on both long- and short-term BPA/Enron contracts on behalf of Northwest power customers who suffered because of Enron's fraudulent and manipulative actions in the West Coast energy market in 2000-2001.

In a letter to BPA Administrator Steve Wright, Gregoire said a recent order by the Federal Energy Regulatory Commission (FERC) signaled a new willingness to consider claims for relief. FERC's order stated that "Enron potentially could be required to disgorge profits for all of its wholesale power sales in the Western Interconnect for the period January 16, 1997 to June 25, 2003."

Gregoire called FERC's action a "promising development" for many Northwest consumers and purchasers of electricity.

In the letter, Gregoire said her office has a substantial interest in ensuring that energy markets are effective, efficient and competitive. She said the office stands ready to support BPA in seeking relief at FERC.

A copy of the letter to Wright will be available Monday afternoon by viewing this release on the Attorney General's website at http://www.atg.wa.gov.

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