Defer

El Paso Corp., California regulators and other parties have asked FERC to defer the agency’s decision of the claims that the energy company manipulated natural gas prices in the western state by 45 days to give them time to submit a formal settlement offer and seek dismissal of the charges.

FERC on Thursday agreed to defer action in the high-profile complaint case alleging gas price manipulation until June 4 to allow El Paso Corp. and California parties time to finalize their settlement and submit it to the agency, but it wasn’t happy about it.

FERC last Thursday agreed to defer action in high-profile complaint case alleging gas price manipulation until June 4 to allow El Paso Corp. and California parties time to finalize their settlement and submit it to the agency, but it wasn’t happy about it.

FERC Chairman James J. Hoecker indicated last week thattransmission-owning utilities are intentionally submitting sub-parcompliance filings in response to the Commission’s regionaltransmission organization (RTO) rule to delay the onslaught of fullcompetition in the bulk power market for as long as possible.

FERC Chairman James J. Hoecker indicated earlier this week thattransmission-owning utilities are intentionally submitting sub-parcompliance filings in response to the Commission’s regionaltransmission organization (RTO) rule to delay the onslaught of fullcompetition in the bulk power market for as long as possible.

Maine and New Hampshire regulators have asked FERC to deferconsideration of a petition for declaratory order that would allowGranite State Gas Transmission to recover millions of dollars inpreliminary development costs for a controversial liquefied naturalgas (LNG) facility in Wells, ME, that’s not even likely to bebuilt.