NPR logo

Report: Companies Colluded to Drive Up Electricity Prices

Only Available in Archive Formats.
Report: Companies Colluded to Drive Up Electricity Prices

Business

Report: Companies Colluded to Drive Up Electricity Prices

Report: Companies Colluded to Drive Up Electricity Prices

Only Available in Archive Formats.

A newly unsealed report suggests energy companies deliberately manipulated California's electricity market. The report details conversations between the Williams Cos. and AES Corp., in which employees talk about extending power plant outages to profit from higher prices. Hear NPR's Scott Horsley.