Dynegy has announced plans to construct a 155 MW naturalgas-fired power generation facility, the Calcasieu GenerationProject, near Lake Charles, LA. Power generated at thesimple-cycle peaking facility will be sold in the wholesale powermarket starting in the second quarter of 2000.The plant will belocated on the site of a recently constructed natural gas liquidsfractionation facility operated by subsidiary Dynegy MidstreamServices Ltd. Partnership. The power will enter the grid through a230 kilovolt Entergy Services transmission line interconnect.
Charles
Articles from Charles
After Breaking Resistance; Bulls Take Profits, Market Lower
Technical analysis was originated by Charles Dow in the late1800s as an attempt to interpret recurring historical pricemovements displayed by a group of stocks, which have since evolvedinto today’s Dow Jones Industrial Average. He would have been proudof the natural gas futures market last week. For four days the Maycontract ebbed and flowed within a 10-cent trading range until itbroke higher Friday in a technical buying spree. But as if it werefollowing the same script rehearsed during the prior two tradingdays, the May contract couldn’t hold onto its gains Friday,releasing them in the form of profit taking ahead of the weekend.The May contract capped the week with a 2.7-cent advance to $2.096after notching a $2.15 high.