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With 90-degree weather forecasted for Florida and low linepack levels, Florida Gas Transmission issued an Overage Alert Day for market-area customers Tuesday, setting the tolerance for negative daily imbalances at 35%. The pipeline did not interrupt previously scheduled market-Area ITS-1 service for Tuesday’s gas day.

Citing forecasts of 93-degree weather in Florida and lower linepack, Florida Gas Transmission issued an Overage Alert Day for market-area customers Thursday. The tolerance for negative daily imbalances was set at 25%. The pipeline said it would not interrupt previously scheduled market-area ITS-1 service for Thursday’s gas day.

Forecasts of widespread areas of cooling rain in the Midwest and Northeast — and to a lesser degree in the South — along with a cold front due to move into much of the Midwest caused prices to retreat at most points Wednesday. Tuesday’s modest 6.9-cent slide in August futures also played a minor role in the overall softness.

Pacific Gas & Electric issued a Stage 2 high-inventory OFO for Tuesday, setting penalties of $1/Dth for exceeding a 10% tolerance on positive daily imbalances.

With 90-degree weather forecasted in Florida Monday, Florida Gas Transmission notified market-area customers of the issuance of an Overage Alert Day at 25% tolerance. FGT said it would not interrupt previously scheduled market-area ITS-1 service for Monday’s gas day.

Citing a forecast of 90-degree weather in central Florida, Florida Gas Transmission issued an Overage Alert Day Tuesday for market-area customers. The tolerance for negative daily imbalances was set at 25%. FGT said it would not interrupt previously scheduled market-area ITS-1 service for Tuesday’s gas day.

Citing forecasts of 90-degree weather in Florida and falling linepack, Florida Gas Transmission issued an Overage Alert Day for market-area customers Thursday. The tolerance for negative daily imbalances was set at 25%. FGT said it would not interrupt previously scheduled ITS-1 service in the market area for Thursday’s gas day.

The disparity of U.S. regional wholesale power markets makes it “difficult” to evaluate the degree to which more competition has influenced consumption and investment decisions in generation and transmission, a federal task force said in its final report to Congress last Thursday. It further found that retail power competition has yielded disappointing results.

In order to better measure and validate organizational and industry performance, electric utilities should use benchmarking and best practices to a much greater degree, participants were told at EUCG’s spring 2007 workshop in Savannah, GA in late March.