Brink

On the brink of the new millennium the Federal Energy RegulatoryCommission last week issued Order 2000 to take the bulk powermarket the next step toward a competitive grid with a final rulesetting the parameters for independent Regional TransmissionOrganizations (RTOs). The vote was 4-0 with Commissioner VickyBailey recusing herself.

On the brink of the new millennium the Federal Energy RegulatoryCommission issued Order 2000 to take the bulk power market the nextstep toward a competitive grid with a final rule setting theparameters for independent Regional Transmission Organizations(RTOs). The vote was 4-0 with Commissioner Vicky Bailey recusingherself.

Demonstrating the growing popularity of weather derivatives,Kansas Gas Service is on the brink of offering a weather-proof billto all 600,000 of its customers, said Steve Johnson, executivedirector of corporate relations for the LDC. Johnson and a panel ofweather derivative experts spoke on the growing use of weatherproducts at NGI’s Gasmart/Power’99 in Dallas last week.

Demonstrating the growing popularity of weather derivatives,Kansas Gas Service is on the brink of offering a weather-proof billto all 600,000 of its customers, said Steve Johnson, executivedirector of corporate relations for the LDC. Johnson and a panel ofweather derivative experts spoke on the growing use of weatherproducts at Gasmart/Power’99 in Dallas yesterday.

Nipsco Industries reached the brink of gaining a valuable eastcoast influence Thursday as the SEC approved a merger betweenNipsco and Massachusetts-based Bay State Gas Co. The $780 millionmerger was originally announced in December of 1997. Both sides arereviewing final documentation and no other regulatory matters arepending. Nipsco expects the deal to close today.