Afoul

For running afoul of capacity release regulations, FERC Friday ordered Wisconsin-based marketer Integrys Energy Services Inc. (Integrys ESI) to pay a civil penalty of $800,000 and disgorge unjust profits of $194,505, and fined Enbridge Marketing (US) LP $500,000 to be paid within 10 days to the federal government.

Reflecting the uncertainty of the regulatory process andextremely tight time frames, San Jose, CA-based Calpine Corp.Monday dropped plans for three of five temporary natural gas-firedpeaking power generation plants it had proposed as a stopgapmeasure to meet expected power shortages next summer.

El Paso’s Bondad System in the San Juan Basin is constrained tothe point that some gas traders mockingly refer to it as “Bondage.”Anything to ease the constriction ought to be welcomed with openarms by those who deal with that point, right? Yet the pipeline’sBondad Expansion project, aimed at adding 116.5 MMcf/d to thesystem’s current capacity of about 567.7 MMcf/d, is in danger offailing because FERC feels the three shippers paying all of theproject’s costs should share their expansion space withnonparticipants.