PG&E Corp. last week made another stride to bring moreelectricity generating projects online in an attempt to provideCalifornia with an adequate power supply in the future. The companyentered into an agreement with Waste Management Inc. to replace 120diesel-fueled garbage collection trucks with natural gas-fueledversions in order to offset the emissions of a proposed 500 MWnatural gas-fired power plant to be located in San Diego County.
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PG&E Corp. Swaps Power Plant, Truck Emissions Credits
PG&E Corp. last week made another stride to bring moreelectricity generating projects online in an attempt to provideCalifornia with an adequate power supply in the future. The companyentered into an agreement with Waste Management Inc. to replace 120diesel-fueled garbage collection trucks with natural gas-fueledversions in order to offset the emissions of a proposed 500 MWnatural gas-fired power plant to be located in San Diego County.
Mackenzie Valley Leases Bring High Dollars
For the second time this summer, Canadian natural gas producershave voted with their pocketbooks to revive northern drilling andexpectations that an Arctic pipeline will be built.
Mackenzie Valley Leases Bring High Dollars
For the second time this summer, Canadian natural gas producershave voted with their pocketbooks to revive northern drilling andexpectations that an Arctic pipeline will be built.
FERC Says Good-Bye to Optional Certificate Regs
In an attempt to bring more uniformity to its certificatepolicy, FERC has issued a final rule abandoning itsoptional-certificate (OC) regulations that offered speedierprocessing of pipeline applications for sponsors who were willingto assume all of the risks.
FERC Says Good-Bye to Optional Certificates
In an attempt to bring more uniformity to its certificatepolicy, FERC last week issued a final rule abandoning itsoptional-certificate (OC) regulations that offered speedierprocessing of pipeline applications for sponsors who were willingto assume all of the risks.
Southern Co. and Washington Gas Form Alliance
Washington Gas Energy Services (WGES) made an alliance withSouthern Company Energy Marketing to bring competitively pricedelectricity to consumers and businesses in Maryland. Southern willprovide wholesale power supply and scheduling services to WGES.
kRoad Financing HoustonStreet Pond Crossing
kRoad Ventures LP made a significant investment in HoustonStreetExchange Inc. intended to help HoustonStreet bring online energycommodity trading to Europe.
CA Official Sees High Prices, Tight Power Supplies
Even a mildly hot summer in California this year could bringall-time high power price spikes and could put a severe strain ongenerating capacity, according to energy officials in theCalifornia General Services Department (GSD). Based on state datanow available, GSD officials told a California energy conferencelast Thursday prices could be two to three cents-per-kwh above lastyear’s averages for the three traditionally hottest months,although last year was designated as a “cool” summer.
Watson: Power Generation Firing Gas Demand
The next several years will bring strong support for natural gasprices from gas-fired power generation as the energy industrystrives to catch up with electricity demand, according to DynegyCEO Chuck Watson. “I believe very firmly that over the next 10years we’re going to be in the $2 to $3 [per Mcf] price range. Andif that in fact is where this price in gas is going to vacillate,then I believe that will also speak volumes for the producercommunity to be able to find natural gas to meet growing demand.”