ADVISORY/Reliant Energy Offers Solutions to California's Energy Crisis; Reliant Energy Senior Vice President John Stout to Share Comments Made to Gov. Davis.Business Editors ADVISORY...for Wednesday (May 9) SACRAMENTO, Calif.--(BUSINESS WIRE)--May 9, 2001 Directly following today's 1 p.m. generator meeting with Governor Gray Davis, Reliant Energy Reliant Energy, Inc., based in Houston, Texas, is a non-utility, retail and wholesale electricity provider. In Texas, it provides service to nearly 1.9 million retail electricity customers, including residential and small business customers and commercial, industrial, Senior Vice President John Stout stout, alcoholic beverage: see beer. will meet with members of the media to provide a glimpse into what was said in the Governor's Office and how Reliant Energy believes it can help California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . Comments will be made in the Trinity Room of the Hyatt at 1209 L Street in Sacramento. A new market entrant en·trant n. One that enters, especially one that enters a competition. [French, from present participle of entrer, to enter, from Old French; see enter. , with more than 100 employees in California, Reliant Energy is committed to being a lasting partner in California's electricity marketplace. To do that, the company is calling for an end to political rhetoric and a renewed effort to developing constructive solutions to the severe supply shortage in the state, as Californians continue to strive to cut back on demand. Reliant Energy will discuss the two-cent per-kilowatt-hour wholesale power offer it has made to Governor Davis, an offer that will allow California's utilities to obtain reliable supplies of electricity at a fixed price. The company will also share a Reliant Energy proposal for a region-wide megawatt meg·a·watt n. Abbr. MW One million watts. meg a·watt supply that could
substantially reduce the chance of rolling blackouts Rolling blackout refers to an intentionally-engineered electrical power outage, caused by insufficient available resources to meet prevailing demand for electricity. For information about accidental blackouts that are not intentionally engineered, see power outage. that are currently
affecting California consumers.
WHO: Reliant Energy, Generator of 3800 MW in California
WHEN: Directly Following Scheduled 1 p.m. Meeting with Gov. Gray Davis
(Anticipated 3 p.m.)
WHERE: Trinity Room, Hyatt Sacramento, 1209 L Street, Sacramento
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