Key U.S. congressional representatives are deeply split on the issue of retail electric market reform, dimming the prospects for legislation this session.
The representatives told a forum hosted by Atlantic Monthly magazine and the Edison Electric Institute last week that the issue basically is on hold until the Clinton administration submits its proposed legislation to Congress.
Energy Sec. Bill Richardson said the bill would be sent to Capitol Hill early in April.
He explained, "It's still being fine-tuned. We didn't exactly have a lot of support for the legislation that we submitted last year."
He said 17 states have passed their own bills, two...