FERC should try to carve out a case precedent for dealing with transmission market power in the broader context of granting market-based rate authority to power companies, Craig Roach, a principal with Boston Pacific Co., said at a technical conference at the Commission last Tuesday.
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Articles from Broader
CMS Energy Posts Broader Losses in 2002 Due to Asset Sale Write-Downs
CMS Energy on Tuesday reported it incurred steep losses in 2002 due mostly to impairments and write-downs of the fair market value of assets that the energy company has sold or expects to sell in the near future to help improve its balance sheet.
El Paso Plans to Sell Corpus Christi Refinery for $290M This Year
El Paso Corp. plans to sell its Corpus Christi refinery for approximately $290 million this year as part of broader plans to unload $1.1 billion worth of petroleum assets in 2003 as the pipeline tries to drum up much needed cash.
Westar to Sell Non-Utility Assets Under Debt Reduction Plan
Westar Energy Inc. last Thursday filed a comprehensive plan with the Kansas Corporation Commission (KCC) outlining how the company intends to reduce debt and become exclusively an electric utility. The plan calls for Westar to sell its non-utility and non-core assets, reduce its common dividend and refocus the company solely on its electric utility operations.