Allegheny Technologies Inc. and DukeSolutions signed acomprehensive energy alliance agreement yesterday for long-termenergy supply and demand management. Under terms of the contract,DukeSolutions will help ATI implement company-wide initiatives toreduce domestic energy costs in 12 states.
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Conoco Tops Prudential List For E&P Results
For the second year in a row, Houston’s Conoco tops the list inexploration and production results for 1999 in a comprehensive,comparative performance analysis of the major integrated energycompanies by Prudential Securities.
Conoco Tops Prudential List for E&P Results
For the second year in a row, Houston’s Conoco tops the list inexploration and production results for 1999 in a comprehensive,comparative performance analysis of the major integrated energycompanies by Prudential Securities.
Pepco Grabs Energy Solutions Deal with MD Apartments
Pepco announced an agreement to provide a comprehensiveintegrated energy management system to Southern Management Corp., aVienna,VA-based owner and operator of over 25,000 apartment homesin the Washington D.C. and Baltimore areas. No financial terms ofthe deal were announced.
House, Senate May Produce Electric Bills by Recess
Key pieces of comprehensive legislation aimed at restructuringthe electric industry could very well come out of both the Houseand the Senate before lawmakers leave for recess in early August,Capitol Hill observers say.
Congress May Produce Electric Bills by Recess
Key pieces of comprehensive legislation aimed at restructuringthe electric industry could very well come out of both the Houseand the Senate before lawmakers leave for recess in early August,Capitol Hill observers say.
BGE, 12 Parties File Restructuring Settlement
Baltimore Gas and Electric (BGE), the electric and gas utilitysubsidiary of Constellation Energy Group, filed a comprehensiveelectric restructuring settlement last week with the MarylandPublic Service Commission (PSC) that will lead to system-wideelectric customer choice on July 1, 2000. It also would provide a6.5% base electric rate decrease (about $54 million a year) for upto six years for residential customers who continue to buy powerfrom BGE. Electric distribution rates for BGE’s commercial andindustrial customers will be frozen for four years, while rates forgeneration will depend upon the service options selected.
BGE, 12 Parties File Restructuring Settlement
Baltimore Gas and Electric (BGE), the electric utilitysubsidiary of Constellation Energy Group, filed a comprehensiveelectric restructuring settlement yesterday with the MarylandPublic Service Commission (PSC) that will lead to system-widecustomer choice on July 1, 2000 and a 6.5% base rate decrease(about $54 million a year) for up to six years for residentialcustomers who continue to buy power from BGE.
Sempra Inks Energy Deal with Lockheed Martin
Sempra Energy has signed a comprehensive multi-million-dollar,five-year deal with Lockheed Martin Corp. to be its exclusiveenergy provider in 26 eastern states. Lockheed Martin expects tofinalize a similar deal for its western facilities with Enron sometime in March, according to Lockheed Martin energy manager SamJohnson.
Largent to Kick Off 106th with Restructuring Bill
Rep. Steve Largent (R-OK) plans to introduce a comprehensivebill to restructure the retail power industry early in the 106thCongress.