Bringing

PowerSpring.com, a newly-formed marketer-technology partnership,is rolling out a B2B website aimed at bringing price transparencyto citygates across the country, to tap the next level ofcost-conscious customers, commercial end users, according to JohnHarpole, PowerSpring executive vice president.

Year 2000 could be the year of the fuel cell on Wall Street asnext year is expected to see first commercialization of thetechnology on Main Street. While most consumers have yet to hear ofthe big gas-powered backyard batteries, investors certainly areaware.

Tennessee Gas Pipeline Co. recently filed with FERC to expandits 300-Line, bringing Central New York Oil & Gas’ Stagecoachstorage project closer to completion. The El Paso-owned subsidiaryasked the commission to rule on the $86.5 million expansionproposal by Dec. 31, 2000 so that the facilities can be operationalin line with the proposed storage project’s in-service date of Aug.1, 2001.

Williams Gas Pipeline snagged Duke Energy’s 9.8% stake in theAlliance Pipeline partnership last week, bringing its totalinterest in Alliance to 14.6%. Transaction details, including shareand unit prices, were not disclosed.

Tennessee Gas Pipeline Co. filed with FERC to expand its300-Line last week, bringing Central New York Oil & Gas’Stagecoach storage project closer to completion. The El Paso-ownedsubsidiary asked the commission to rule on the $86.5 millionexpansion proposal by Dec. 31, 2000 so that the facilities can beoperational in line with the proposed storage project’s in-servicedate of Aug. 1, 2001.

BP Amoco is starting a quiet, behind-the-scenes campaign aimedat bringing pipeline rate-setting out of the realm of the archaic,making it current and market-responsive by building in annualre-calculations to adjust return on equity.

BP Amoco is starting a quiet, behind-the-scenes campaign aimedat bringing pipeline rate-setting out of the realm of the archaic,making it current and market-responsive by building in annualre-calculations to adjust return on equity.

CMS Energy Corp. said two new liquefied natural gas (LNG)shipments will be received at its CMS Trunkline LNG complex at LakeCharles, LA, in September. The shipments are being delivered by CMSMarketing, Services and Trading, and by Duke Energy Corp.

Avista Energy had a difficult second quarter, bringing in abouthalf the net income ($8.5 million) it posted in the second quarterof last year ($15.6 million), mainly because of an $11.6 millionnet loss in its marketing and trading division and costs associatedwith expanding its non-regulated businesses. But CEO T. M. Matthewssaid he’s comfortable that earnings this year will fall within therange of securities analysts’ current estimates, which are between$1.25 and $1.35 per share. He also predicted the company is in forsome significant changes ahead.