Thorny issues of foreign ownership of U.S. energy infrastructure assets could arise in the recently announced partnership of RBS Sempra Commodities and the Abu Dhabi national energy Company, TAQA, which is seeking a stake of up to 10,000 MW in U.S. generating assets. An RBS Sempra executive told NGI last Monday the partners recognized the issue loomed and have filed with a multi-agency committee headed by the U.S. Treasury Department for a review of the partnership’s first deal, which was announced Dec. 10.
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RBS Sempra-Abu Dhabi Venture Seeks Treasury Review of Deal
Thorny issues of foreign ownership of U.S. energy infrastructure assets could arise in the recently announced partnership of RBS Sempra Commodities and the Abu Dhabi national energy Company, TAQA, which is seeking a stake of up to 10,000 MW in U.S. generating assets. An RBS Sempra manager told NGI Monday the partners recognized the issue loomed and have filed with a multi-agency committee headed by the U.S. Treasury Department for a review of the partnership’s first deal, which was announced last Wednesday.
NGI The Weekly Gas Market Report
FERC Proposes Rule for Resolving Gas, Power Contract Disputes
FERC last Thursday issued a proposed rule aimed at reducing the time and expense involved in settling disputes that arise when parties move to change the terms of their jurisdictional wholesale natural gas and power sales contracts.
FERC Takes Steps to Quickly Settle Gas, Power Contract Disputes
FERC on Thursday issued a proposed rule aimed at reducing the time and expense involved in settling disputes that arise when parties move to change the terms of their jurisdictional wholesale natural gas and power sales contracts.
NYPSC Attempts to Reduce Peak Power Demand
With questions continuing to arise about electric reliability in New York City this summer, the New York Public Service Commission (NYPSC) is actively seeking remedies to ensure the lights stay on. The commission approved several electric “demand response” programs to be implemented by Consolidated Edison Co. of New York that are designed to reduce demand for electricity during peak periods.
NYPSC Attempts to Reduce Peak Power Demand
With questions continuing to arise about electric reliability inNew York City this summer, the New York Public Service Commission(NYPSC) is actively seeking remedies to ensure the lights stay on.The commission approved several electric “demand response” programsto be implemented by Consolidated Edison Co. of New York that aredesigned to reduce demand for electricity during peak periods.
New England Faces Pipeline Constraints As Early as Winter 2003
If New England’s interstate natural gas pipeline system remains unchanged, transportation constraints are likely to arise during winter 2003, affecting more than 1,700 MW of gas-fired electricity generation in the region, according to a new study conducted by ISO New England (ISO-NE) and Levitan & Associates. Consequently, constraints could intensify by winter 2005, with capacity shortfalls potentially affecting up to 3,200 MW of gas-fired electricity production.
NE-ISO Faces Pipeline Constraints as Early as 2003
If New England’s interstate natural gas pipelines remainunchanged, transport constraints are likely to arise during winter2003, affecting more than 1,700 MW of gas-fired electricitygeneration in the region, according to a new study conducted by ISONew England (ISO-NE) and Levitan & Associates. Consequently,constraints could intensify by winter 2005, with capacityshortfalls potentially affecting up to 3,200 MW of gas-firedelectricity production.