Power supplies in California and Texas could be tight this summer, potentially boosting prices and testing the local electric reliability, the staff at the Federal Energy Regulatory Commission (FERC) said Thursday.
If the San Onofre nuclear power plant does not return to service this summer, FERC said Southern California and particularly the San Diego area could see very low reserve margins.
Southern California Edison (SCE), a unit of California power company Edison International, operates the 2,150-megawatt San Onofre nuclear plant for its owners, including SCE and California power company Sempra Energy's San Diego Gas and Electric.
The two reactors at San Onofre shut in January and remain down for repairs of the units' steam generators.
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