Cites

Citing the current energy industry environment, Vectren Corp. said late last week that it is combining ProLiance Energy LLC and Sigcorp Energy Services LLC into one company. The two marketing firms provide energy marketing and services to commercial, industrial, municipal, power plant and utility customers in 16 states.

Citing the current energy industry environment, Vectren Corp. said Thursday that it is combining ProLiance Energy LLC and Sigcorp Energy Services LLC into one company. The two marketing firms provide energy marketing and services to commercial, industrial, municipal, power plant and utility customers in 16 states.

With the drought that plagued the northwest region of the country for most of 2001 appearing to be over, the resulting increase in hydropower will likely not put natural gas-fired generation out of business, according to Raymond James & Associates Inc. in its Stat of the Week. Raymond James analyst J. Marshall Adkins said the negative impact on gas-fired electricity generation from the increase in hydropower will be mostly offset by a reduction in nuclear power generation in 2002.

With the drought that plagued the northwest region of the country for most of 2001 appearing to be over, the resulting increase in hydropower will likely not put natural gas-fired generation out of business, according to Raymond James & Associates Inc. in its Stat of the Week. Raymond James analyst J. Marshall Adkins said the negative impact on gas-fired electricity generation from the increase in hydropower will be mostly offset by a reduction in nuclear power generation in 2002.

Building on its efforts to move away from a hub-and-spoke approach in determining market power, FERC last week lifted the curtain on a new interim power generation market screen to be used in analyzing market-based rates, and found three utilities, Entergy, Southern Co., and AEP, that didn’t pass the test.

As Senate Republicans look for ways to bring the issue of Arctic National Wildlife Refuge (ANWR) drilling up for a vote, Rep. Edward Markey (D-MA) issued a letter-report from the General Accounting Office (GAO) that finds that any attempt to drill in the national wildlife refuge system for reasons other than drainage would fly in the face of a 35-year-old policy prohibiting such activity.

As Senate Republicans look for ways to bring the issue of Arctic National Wildlife Refuge (ANWR) drilling up for a vote, Rep. Edward Markey (D-MA) has issued a letter-report from the General Accounting Office (GAO) that finds that any attempt to drill in the national wildlife refuge system for reasons other than drainage would fly in the face of a 35-year-old policy prohibiting such activity.

FERC has cited three California power suppliers for selling electricity during Stage Three emergencies in May at prices that exceeded the allowed limit established by the Commission.

FERC cited only one California power supplier for selling electricity during Stage III emergencies in May at prices that exceeded the allowed limit established by the Commission.