Williams said Monday that it is taking significant steps to address market concerns stemming from obligations to its spin-off Williams Communications Group (WCG), at the same time noting that all three of the major ratings agencies — Moody’s Investors Service, Fitch Ratings and Standard & Poor’s — have retained Williams’ current credit status. “While S&P added negative comments pending further review, it later said it would retract a portion of its opinion regarding the impact of Williams’ stock price decline on bank borrowing,” Williams said.
Address
Articles from Address
CPUC Reduces Barriers to Distributed Generation
California regulators are getting backlogged with key issues they must address in a tight time frame. For instance, there is little more than a month remaining for regulators to act to keep on track the state’s proposed bond sale, which now is slated for late summer or early fall.
Special FERC Meeting Set for CA Mitigation Plan
The Federal Energy Regulatory Commission has called a special meeting for next Monday to address the multitude of requests for rehearing of its much-criticized market monitoring and mitigation plan that went into effect in late May for the California power market.
FERC Mulls Re-Instituting Caps on Short-term Gas Transport
In an effort to further address high natural gas prices in California, the Federal Energy Regulatory Commission is seeking industry comments on whether to reimpose its rate cap on short-term capacity release transportation transactions to the state’s border.
FERC to Review Pipe Capacity, Gas Prices in CA
FERC announced yesterday that it has scheduled a public conference for later this month to address the state of “current and projected” interstate gas pipeline capacity to the California market, as well as explore what is driving the higher gas prices in the southern end of the state.
Alliance Lobbies Congress, Bush for Electric Reliability
The Alliance for Competitive Electricity last week called on Congress and the Bush Administration to address serious electric infrastructure deficiencies that it claims threaten adequate supplies of reasonably-priced electricity throughout the nation. The 11-member group currently reads like a list of who’s who in the power industry.
Alliance Lobbies Congress for Electric Reliability
The Alliance for Competitive Electricity said on Monday that it has called on Congress and the Bush Administration to address serious electric infrastructure deficiencies that threaten adequate supplies of reasonably-priced electricity throughout the nation. The 11-member group currently reads as a list of who’s who in the power industry.
Gas Pipeline Centerpiece of Knowles’ Agenda
Alaska Gov. Tony Knowles’ State of the State address this weekcentered on what could become the legacy of his administration: an1,800-mile natural gas pipeline to transport the state’s 36 Tcf tothe marketplace. With energy prices and energy consumption burstingat the seams, Knowles is dedicating the remainder of his term,which expires in 2003, to the gas project.
Hoecker: Power Market Fixes Up to CPUC
Although FERC is pulling out the stops to address this summer’s upheaval in California’s bulk power market, Chairman James J. Hoecker made clear last week that most of the responsibility for correcting the dysfunctional electric market lies with the California legislators and regulators who created it.
Hoecker: Power Market Fixes Up to CPUC, Governor
Although FERC is pulling out the stops to address problems inthe bulk power market, with an emphasis on California, ChairmanJames J. Hoecker yesterday made clear most of the responsibilityfor correcting the dysfunctional power market lies with theCalifornia legislators and regulators who created it.