2001

The nation’s leading maker of microturbines, Chatsworth, CA-based Capstone Turbine Corp., and the on-site generator part of Columbus, IN-based Cummins Inc. inked a three-year deal that could be worth $10-15 million during its first two years. Cummins will market Capstone’s commercially available 30 kW and 60 kW microturbines as part of its stationary power systems. The deal seeks to marry Capstone’s technological advantages with Cummins’ worldwide market presence.

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

Nova Scotia Premier John Hamm and the premier of Newfoundland and Labrador, Roger Grimes, said last week their provinces are poised to play a major role in drawing up a new North American energy strategy. As exploration and production continues to grow, the leaders said they now are considering ways to transport the abundant oil, natural gas, natural gas liquids and oil sands petroleum south.

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

The Senate Banking Committee last week overwhelmingly voted to repeal the 65-year-old Public Utility Holding Company Act (PUHCA) that imposed limitations on investment and ownership in energy companies in an effort to prevent industry abuses.

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

The Senate Banking Committee yesterday overwhelmingly voted to repeal the 65-year-old Public Utility Holding Company Act (PUHCA), which places restrictions on investment and ownership in energy companies in an effort to prevent industry abuses.

El Paso Natural Gas has called on FERC Chief Administrative Law Judge Curtis Wagner Jr. to take steps to prevent the further release to the media of “highly sensitive marketing materials” that it has been required to turn over as part of discovery in a complaint case brought against it.