FERC last week conditionally approved the formation of the12-member Midwest independent system operator (ISO), but somecommissioners expressed disappointment that moretransmission-owning utilities from the region hadn’t joined yet.
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FERC Approves Williams’ Park & Loan Service
The Federal Energy Regulatory Commission has conditionallyapproved a new interruptible park and loan service (PLS) to starttoday on Williams Gas Pipelines Central. The service – allowingcustomers to park or request a loan of gas at each of Williams’pools – was designed to give those customers greater flexibility ina market that has evolved from a monthly to a daily business. FERCapproved the service subject to refund and certain conditions.
September 4, 1998