Reserve margins

The Schwarzenegger administration’s detailed implementation plan is expected by the spring of 2004. Schwarzenegger is committed to restoring confidence in government and improving the business climate, and at the same time taking steps to increase and diversify California’s energy supply and improve the environment.

Approximately 60 generation asset sales have been announced in the past two years, and future transaction activity is likely to accelerate. Who are the players, and where might the available plants be located?