Decks

Great Plains Energy Inc. has cleared the decks for the Kansas Corporation Commission (KCC) to approve its acquisition of Aquila Inc., the company said Wednesday. Now it must placate regulators in Missouri to see the deal go forward.

Anxious to clear its agenda and get ready for a Holiday lull, the California Public Utilities Commission Thursday cranked out more than a half-dozen energy actions, including the acceleration of a critical power transmission line project, the continuation of a $125 million distributed generation incentive program, and the setting of 11%-plus returns-on-equity (ROEs) for the state’s two major utilities.

The political decks have been cleared for the long-awaited construction application for a Mackenzie Valley natural gas pipeline with a land and economic-assistance agreement entered into by the Canadian government with the last resisting aboriginal group. While some financial and tax details remain to be worked out, project sponsors predicted an in-service date of 2008 for the estimated C$4 billion (US$2.6 billion) line from the far north to northwestern Alberta.

The political decks have been cleared for the long-awaited construction application for a Mackenzie Valley natural gas pipeline with a land and economic-assistance agreement entered into by the Canadian government with the last resisting aboriginal group. While some financial and tax details remain to be worked out, project sponsors predicted an in-service date of 2008 for the estimated C$4 billion (US$2.6 billion) line from the far north to northwestern Alberta.

Clearing the decks for its mega-trading and transportationventure with Entergy Corp., Koch Energy Trading yesterday announcedit has taken over the remaining 50% interest in IMD Storage,Transportation and Asset Management Co. (IMDST), making it the soleowner of the company which manages more than 100 Bcf of storage andabout 1 Bcf/d of pipeline transportation.