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Industry Briefs

Industry Briefs

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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ISSN © 2577-9877 | ISSN © 1532-1231
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