The Gas Research Institute has offered a proposed budget of $98
million for approval by the Federal Energy Regulatory Commission to
fund research and development projects for 2000. The funding would
cover $72.6 million for 43 Core projects, widely beneficial to the
entire industry and gas users and $25.4 million for 22 Non-Core
projects targeted to specific activities and major market segments.
In addition to the FERC-directed portion of the budget, GRI
anticipates receiving about $53 million in cofunding from industry
and govenrment sources in 2000. The filing Tuesday marked the third
year of the seven-year transition to an all-voluntary R&D
program. In 2001 the funding through FERC will drop to $70 million,
then $60 million in 2002-2004. At the end of that period the
funding will be voluntary.
PG&E Corporation has changed the name of its competitive
generation unit from U.S. Generating to PG&E Generating
(PG&E Gen) to more clearly identify it as a member of the
Corporation's family of companies. Founded in 1989, the generating
company quickly built a successful track record as one of the
nation's leading independent power producers, growing from a modest
portfolio of less than 100 MW to a portfolio of 30 operating power
plants with more than 6,500 MW of capacity.
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