Summary
This 8-K filing from Exelon Corporation, filed on May 23, 2002, addresses Exelon's response to a data request from the Federal Energy Regulatory Commission (FERC) concerning its investigation into California's power markets during 2000-2001. Exelon's Power Team was among over 100 companies asked to provide information to FERC. In its submission, Exelon explicitly stated that its Power Team did not engage in any of the market manipulation strategies, such as 'Death Star,' 'Get Shorty,' or 'Fat Boy,' that were referenced in Enron memos and included in FERC's data request. The company's response to FERC is attached as an exhibit to this filing, providing transparency on their participation in the California energy markets during the relevant period.
Key Highlights
- 1Exelon Corp. filed an 8-K on May 23, 2002, concerning its response to FERC's investigation.
- 2The investigation focuses on California's power markets between 2000 and 2001.
- 3Exelon's Power Team was one of many companies requested to provide data.
- 4Exelon formally responded to FERC's data request.
- 5The company denies involvement in specific alleged market manipulation strategies like 'Death Star,' 'Get Shorty,' and 'Fat Boy'.
- 6Exelon's full response to FERC is included as an exhibit (Exhibit 99.1).