Dynegy Inc.’s chief administrative officer and chief communications officer both have resigned, but the company said they will work as part-time consultants for the next few months. Milton Scott, who was in charge of administrating human resources, risk management and insurance, and Deborah Fiorito, in charge of the company’s communications, quit in mid-September, but have agreed to provide consulting services to the company over the coming months “as we continue to make adjustments to the business and focus our efforts on the remaining elements of our capital and liquidity plan,” said a spokesman. Scott, a certified public accountant, had worked for Dynegy since 1999, and for 22 years, he worked in the Houston office of Arthur Andersen, where he was partner-in-charge of the Southwest region technology and communications practice. Fiorito joined Dynegy in May 2000. Previously, she was senior vice president at Chase Bank of Texas. Dynegy said it is considering combining the job positions into a single position at a later date.
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AZ Commission Chair Calls for Delay in Wholesale Restructuring
A recommendation in July by an administrative law judge (ALJ) for the Arizona Corporation Commission (ACC) that the state delay implementing a competitive wholesale market got the endorsement of the ACC chairman in a hearing on the state’s restructuring plan Tuesday.
FERC Extends CA Contract Talks; Sees 80% Eventually Settling
FERC Chief Administrative Law Judge Curtis L. Wagner, citing progress toward settling at least 80% of an estimated 24 long-term contracts in dispute between power suppliers and California’s Department of Water Resources (DWR), said late last Tuesday he was scheduling additional settlement meetings for Aug. 28-30.
FERC Judge Expects Ruling on El Paso Manipulation Case by End of Month
FERC Chief Administrative Law Judge Curtis L. Wagner said last week he expects to issue an initial decision by the end of August in a long-standing complaint case brought by California regulators, accusing El Paso Natural Gas of withholding transportation capacity from customers during the 2000-2001 heating season in an attempt to drive up prices for natural gas delivered to the Southern California border.
FERC Judge Expects Ruling on El Paso Manipulation Case by End of Month
FERC Chief Administrative Law Judge Curtis L. Wagner said Tuesday he expects to issue an initial decision by the end of August in a long-standing complaint case brought by California regulators, accusing El Paso Natural Gas of withholding transportation capacity from customers during the 2000-2001 heating season in an attempt to drive up prices for natural gas delivered to the Southern California border.
FERC ALJ: Up to 12 Sellers May Settle on CA Contract Renegotiation
FERC Administrative Law Judge (ALJ) Curtis Wagner, who is overseeing settlement talks between generators and California officials related to the renegotiation of long-term wholesale electricity deals, last Thursday confirmed to the full Commission that settlements in principle have been reached with four sellers He is “optimistic that many, if not all” of an additional eight power suppliers involved in the talks will be able to reach settlement as well. Several offers and counteroffers between California and the eight sellers are “global in nature” and would resolve all pending claims, including those in a refund case pending at FERC and in the California state courts.
Westchester County, NY, Wages War Against Millennium on All Fronts
County Executive Andrew Spano of Westchester County, NY, vowed Thursday to use every “administrative, political and legal weapon” at his disposal to block construction of the embattled Millennium Pipeline project through the city of Mount Vernon.
ALJ Clears Transwestern of Market Power Charges
A FERC administrative law judge has found no improprieties, nor evidence of the exercise of market power in negotiated rate contracts between Transwestern Pipeline and two shippers on its system, which resulted in the shippers being charged as much as $27/MMBtu last February, far in excess of the pipeline’s allowed transportation rate of 38 cents/MMBtu (RP97-288-009).
ALJ Clears Transwestern of Market Power Charges
A FERC administrative law judge has found no improprieties, nor evidence of the exercise of market power in negotiated rate contracts between Transwestern Pipeline and two shippers on its system, which resulted in the shippers being charged as much as $27/MMBtu last February, far in excess of the pipeline’s allowed transportation rate of 38 cents/MMBtu (RP97-288-009).
FERC ALJ Issues Split El Paso Ruling
In his much-awaited initial decision, FERC Chief Administrative Law Judge Curtis Wagner Jr. ruled Tuesday that El Paso Natural Gas engaged in “blatant collusion” by rigging the bidding process for a large block of transportation capacity on its system to favor its merchant-power affiliate. However, he recommended dismissal of the charge that El Paso Merchant Energy Co. illegally exercised market power to drive up prices for natural gas delivered to southern California beginning in mid-2000.
