Central

American Electric Power and Central and South West Corp. reacheda settlement with FERC trial staff that resolves the market powerand rate issues relating to the pending merger of the twocompanies. Under terms of the settlement, AEP would transfer theoperation and control of its bulk transmission facilities locatedin Indiana, Kentucky, Michigan, Ohio, Tennessee, Virginia and WestVirginia to a regional transmission organization (RTO). Thesettlement also covers rates for transmission services andancillary services and confirms, subject to FERC guidance oncertain elements, that the previously announced generationdivestiture program will satisfy the market power concerns of theFERC staff. Once the merger is completed, the new company will beserve 4.7 million electric customers in 11 states.

Natural gas is one of the factors lurking behind the scenes ofLong Beach’s continuing quest to buy a section of SouthernCalifornia Edison Co.’s power distribution system within its cityborders. The city recently rejected an offer by Edison that wouldhave ended the municipalization campaign. At least part of thereason for the city’s resolve is the likelihood it will be a majorend-point for large new gas loads. But that appears to be a smallpart of a much larger scheme behind the city’s recent activities.

Natural gas is one of the factors lurking behind the scenes ofLong Beach’s continuing quest to buy a section of SouthernCalifornia Edison Co.’s power distribution system within its cityborders. The city recently rejected an offer by Edison that wouldhave ended the municipalization campaign. At least part of thereason for the city’s resolve is the likelihood it will be a majorend-point for large new gas loads. But that appears to be a smallpart of a much larger scheme behind the city’s recent activities.

The Oklahoma Corporation Commission (OCC) unanimously approvedthe proposed merger of American Electric Power Co. of Columbus, OH,and Dallas-based Central and South West Corp.

KN has scheduled an outage on its Pony Express line forTuesday’s gas day, according to Williams Gas Pipeline Central.Williams will not accept nominations at the KN-Glavin interconnectin Franklin County, KS, for that period.

FERC earlier this week gave Williams Gas Pipelines Central onemore chance to settle the lingering, controversial cost-recoveryissues arising from the reformation of three of its gas supplycontracts for production in Colorado.

FERC last week gave Williams Gas Pipelines Central Inc. one morechance to settle the lingering, controversial cost-recovery issuesarising from the reformation of three of its contracts for gassupply in Colorado.

CMS Energy’s subsidiary CMS Continental Natural Gas said it hascompleted the acquisition of a 750-mile gathering system in northcentral Texas from Koch Hydrocarbon Co. Terms of the deal were notdisclosed.

CMS Energy’s subsidiary CMS Continental Natural Gas said it hascompleted the acquisition of a 750-mile gathering system in northcentral Texas from Koch Hydrocarbon Co. Terms of the deal were notdisclosed.