Despite last Thursday’s announced delay in U.S. State Department processing and earlier criticisms of inflated economic benefits from the project (see Shale Daily, Nov. 9), the Keystone XL oil pipeline from Alberta, Canada to the U.S. Gulf of Mexico ultimately should be approved, according to project sponsor TransCanada.
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Texas PUC Enacts Power Auction Rules
Dismissing the criticisms of a few of the expected competitorsin Texas’ coming deregulated electricity market, the Public UtilityCommission has adopted rules that require affiliate powergeneration companies unbundled from current integrated utilities tosell entitlements to their power generation. PUC said the ruleswould benefit electric customers by proving a more competitivewholesale market when it begins Jan. 1, 2002.
Texas PUC Enacts Power Auction Rules
Dismissing the criticisms of a few of the expected competitorsin Texas’ coming deregulated electricity market, the Public UtilityCommission last week adopted rules that require affiliate powergeneration companies unbundled from current integrated utilities tosell entitlements to their power generation. PUC said the ruleswould benefit electric customers by proving a more competitivewholesale market when it begins Jan. 1, 2002.