Comprehensive

Dynegy Inc. last Monday said it has entered into a comprehensive Midwest generation system settlement resolving environmental litigation related to the company’s Baldwin Energy Complex in Illinois. The settlement will also result in substantial emission reductions from Dynegy’s Illinois coal-fired power plants.

A comprehensive energy bill will be “among the most important matters to come before this Congress” in the upcoming months, Energy Secretary nominee Sam Bodman said during his Senate confirmation hearing Wednesday.

A comprehensive plan for the energy future of the United States released last week has been billed as a compromise plan that would expand supplies of conventional fuels and incentivize alternative and clean fuels at a cost of $36 billion to be paid by industrials, refiners and power generators over 10 years in the form of a cap-and-trade program for greenhouse gas emissions.

If Congress doesn’t move forward with a comprehensive energy bill that includes electric reliability provisions or a stand-alone power reliability bill, FERC and the power industry “are going to have to work together to figure out what we can do to try to prevent a repeat of the blackout in August of 2003,” a top official with FERC said last Wednesday at a meeting sponsored by the Energy Bar Association (EBA).

Two-thirds of polled Americans don’t believe Congress has done enough to adopt a comprehensive energy policy to meet the nation’s present and future energy needs, according to a public opinion survey released last Tuesday by the Alliance for Energy and Economic Growth (AEEG).

Two-thirds of polled Americans don’t believe Congress has done enough to adopt a comprehensive energy policy to meet the nation’s present and future energy needs, according to a public opinion survey released Tuesday by the Alliance for Energy and Economic Growth (AEEG).

Pressure is rising on Capitol Hill for lawmakers to take action on stalled comprehensive energy legislation, Rep. Joe Barton (R-TX), chairman of the House Energy and Commerce Committee, said on Wednesday. He also gave a thumbs down to the idea of breaking pieces of the energy bill off and trying to move them as separate measures.

The Commodity Futures Trading Commission (CFTC) announced several new initiatives as part of its comprehensive review of the effectiveness of self-regulation in the futures industry.

The Ohio Consumers’ Counsel (OCC) last week called for a comprehensive investigation by state regulators into whether each of Ohio’s electric utilities is providing the reliable service required under the law. While putting together its 2003 End-of-Year Update on Ohio’s Electric Market, the OCC said it found a number of infractions committed by electric companies.