It also proved that California's energy policy was not working. That the state was dependant on electrical sources that were outside of the control of PGE.
If the government of California had not created the situation in the rush to green power with regulations then ENRON would of not been able to play that game the spot market. And notice the cities who were not affected were those who had a fossil fuel powered soruce of electricity. Those who relied on wind and solar had the problems.
Yes ENRON, taught the world some lessons that those in sunny California failed to learn. And now others have the fingers on Califronia's electrical juggler, Some of which reside in Mexico and Canada. Outside of the reach of US laws.
While I'm not a greenie weenie, I would be glad to go solar if the government would let the price fall. They hold it up by slapping tariffs on imports. Really funny only large companies are ever allowed to take advantage of the free trade agreement.
And you Democrats struggling to pay your electric bill should know that this is Obama's doing.