Border

Tuscarora Gas Transmission said it most likely will have to cancel the second phase of its proposed pipeline expansion because Duke Energy has put a proposed power plant indefinitely on hold. Phase II of the expansion called for the construction of a 3.7-mile lateral to transport an additional 40,000 Dth/d of gas to Duke Energy North America LLC’s proposed 540 MW Washoe generating plant near Reno, NV.

Tuscarora Gas Transmission said it most likely will have to cancel the second phase of its proposed pipeline expansion because Duke Energy has put a proposed power plant indefinitely on hold. Phase II of the expansion called for the construction of a 3.7-mile lateral to transport an additional 40,000 Dth/d of gas to Duke Energy North America LLC’s proposed 540 MW Washoe generating plant near Reno, NV.

Cash prices were mixed on Thursday with most points up or down a few cents but many sources had bearish expectations for Friday because of the 9-cent drop in November futures on Nymex and an apparently bearish storage report.

The New York Mercantile Exchange (Nymex) will launch over-the-counter (OTC) energy clearing services for 25 of the most commonly traded OTC energy contracts, giving the energy markets new products to trade, much needed trading security and new trading flexibility. Nymex plans to launch the services on May 31.

Williams’ Northwest Pipeline has filed with FERC to expand delivery capacity from Sumas at the Canadian border to Chehalis, WA, and in the Plymouth-to-Washougal, WA corridor (Columbia River Gorge corridor). The $240 million Evergreen Expansion Project is aimed at meeting demands of existing customers, as well as new generation load.

Williams’ Northwest Pipeline has filed with FERC to expand delivery capacity from Sumas at the Canadian border to Chehalis, WA, and in the Plymouth-to-Washougal, WA corridor (Columbia River Gorge corridor). The $240 million Evergreen Expansion Project is aimed at meeting demands of existing customers, as well as new generation load.

Effective today, Northern Border is lifting a firm-only restriction on its 42-inch Monchy/Port of Morgan to Ventura segment. The constraint had been implemented Wednesday due to compressor station outages upstream of Ventura (see Daily GPI, Oct. 4).

Northern Border said “concurrent unplanned compressor station outages upstream of Ventura” Monday evening prompted it to place a firm-only scheduling restriction on the 42-inch pipeline segment (Monchy/Port of Morgan to Ventura) for the gas days of Wednesday and today. Gas Control will re-evaluate conditions this morning to determine if the constraint will be lifted Friday.

As gas prices plummeted more than $5/MMBtu last week at the Southern California border, conservation, cool temperatures and more long-term contracts pressured power prices lower in the state to the point where generators “are having to compete for first time in months to sell us energy,” Ray Hart, deputy director of the California Department of Water Resources (DWR) said last Thursday.