Belatedly, after delaying a decision for several months, California regulators are expected to okay Southern California Gas Co.’s proposal to free up 14 Bcf of previous cushion gas at two of its underground storage fields and sell the supplies on the open market. It was originally proposed in the days of shorter supplies and higher wholesale prices. A vote Wednesday is expected, according to state regulator Geoffrey Brown, briefing news media Tuesday.
Decision
Articles from Decision
FERC Clarifies Privileged Treatment of OCSLA Reports
In an order on clarification, FERC said that its recent decision denying privileged treatment for information submitted under the Outer Continental Shelf Lands Act (OCSLA) extended to all offshore transportation providers, as well as to most types of information.
Pending EPA Coal Decision, Gas Outlook Could Dim
Pending a major change in direction at the Environmental Protection Agency (EPA), natural gas investors could get an unwanted “coal-inscopy” next month, according to analyst Fred Schultz of Raymond James & Associates Inc. Coal-fired electric generation in the country could expand by up to 40,000 MW.
Pending EPA Coal Decision, Gas Outlook Could Dim
Pending a major change in direction at the Environmental Protection Agency (EPA), natural gas investors could get an unwanted “coal-inscopy” next month, according to analyst Fred Schultz of Raymond James & Associates Inc. Coal-fired electric generation in the country could expand by up to 40,000 MW.
PG&E Moving Ahead with Bankruptcy Reorganization Plan
Regardless of whether state regulators change the present proposed decision on rate coverage for the Department of Water Resources’ (DWR) power buying, Pacific Gas and Electric Co. will move ahead with its proposed bankruptcy reorganization plan which should be filed “well before” its current Dec. 6 deadline. Sources close to the San Francisco-based utility indicated the expected filing could come at any time in the next few days or weeks.
MMS Schedules Lease Sale 181 for Dec. 5
The Interior Department’s Minerals Management Service (MMS) has tentatively scheduled its controversial Lease Sale 181 in the eastern Gulf of Mexico for Dec. 5 in New Orleans, LA.
House Dems Fire Salvos at Barton Bill, FERC
Rep. Joe Barton’s (R-TX) emergency legislation for California and FERC’s decision last week to rein in prices on emergency spot transactions in the state’s wholesale power market were broadsided by Democrats on the House Energy and Air Quality Subcommittee Tuesday.
IN Commission Clears Way For Cinergy Capital 130 MW Plant
A recent decision by the Indiana Utility Regulatory Commission (IURC) has cleared the way for a Cinergy Capital & Trading (CC&T) Inc. subsidiary to start construction on a 130 MW, gas-fired electric peaking facility in Indiana.
Complaint Targets Actions of CA Gov. Davis
Tucson Electric Power Co. contends that California Gov. GrayDavis’ decision to “commandeer” block forward contracts betweenbuyers and sellers in the Power Exchange and transfer them to thestate violated FERC jurisdiction, was illegal and showed littleconcern for the market.
Cal-PX to Resist FERC, Awaits Feb. 7 Court Date
Despite being re-ordered by the Federal Energy RegulatoryCommission to comply with a Dec. 15 decision, California’s lameduck wholesale spot power market, the California Power Exchange(Cal-PX), continued Monday to resist recalculating its daily priceauctions since Jan. 1, pointing instead toward a Feb. 7 courthearing in a case it has brought against the FERC imposition of a$150/MWh price cap in the federal DC Court of Appeals.