Changes

Although El Paso shippers are pleased that the Federal EnergyRegulatory Commission (FERC) finally has recognized that El PasoNatural Gas has been unjustly overselling firm capacity, they areexasperated over the Commission’s proposed solution.

As an interim measure, the Cal ISO board last week approved (ona 13-10 vote) a load differentiated price cap that was promoted bya consumer advocate representative on the badly splinteredstakeholder board. The action drew swift criticism from generators.

As an interim measure prior to California’s state-charteredelectric transmission grid operator (Cal-ISO) making longer-termchanges, its board of governors adopted by a 13-10 vote lastThursday a load differentiated price cap promoted by a consumeradvocate representative on the badly splintered stakeholder board.The action drew swift criticism from generators through theirWashington, DC-based association.

Within hours of a FERC vote yesterday ratifying proposed changesin its interruptible transportation (IT) queue, PG&E GasTransmission Northwest announced new procedures effective today.

The diversified energy group has seen a “profound change in its market perception,” with players growing faster than ever before, benefiting from the deregulated power industry, expansion in telecommunications and bandwidth trading and emerging technologies, according to Dain Rauscher Wessels’ analyst Mark Easterbrook.

The diversified energy group has seen a “profound change in itsmarket perception,” with players growing faster than ever before,benefiting from the deregulated power industry, expansion intelecommunications and bandwidth trading and emerging technologies,according to Dain Rauscher Wessels’ analyst Mark Easterbrook.

Pipeline competition in the Rockies is heating up with a newpipeline project launched last week by Williams and changes to aplanned extension announced by rival Trailblazer Pipeline.

Pipeline competition in the Rockies is heating up with a newpipeline project launched yesterday by Williams and changes to aplanned extension announced by rival Trailblazer Pipeline.

At its final meeting before the August break, FERC last weekcleared its agenda of several major rehearing orders — includingOrder 637-B, which was a rehearing of Order 637-A, which was arehearing of Order 637. This time around the Commission refused tobudge on the majority of the policy calls it made in 637-A thataddressed regulation of the short-term natural gas transportationmarket.