Southern Company Energy Marketing signed an agreement to providefour Sithe Energy power plants in New York with 55 MMcf/d of gasfor fuel and to market the 275 MW output. The 15-month arrangementis scheduled to begin this month.
Southern said it plans to sell the power from Sithe’s Sterling,Massena, Ogdensburg and Batavia plants into wholesale markets inNew York, the Pennsylvania-Jersey-Maryland (PJM) Power Pool, theNew England Power Pool (NEPool) and Canada.
“Coupled with Southern Energy’s recent acquisition of more than1,200 MW in the NEPool from Commonwealth Energy, the agreement withSithe builds Southern Company Energy Marketing’s position as apreeminent wholesale marketer,” said CEO Marce Fuller. “The Sitheagreement is consistent with our strategy to tightly link energymarketing with assets, be they owned, leased or under contract.”Southern marketed an average of 5.1 Bcf/d of gas and 41.1 millionMWh of electricity in the first quarter.
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