FERC last week directed its senior staff to hold informal discussions with the Florida Public Service Commission (PSC) in response to the PSC’s concerns about the development of GridFlorida, a regional transmission organization (RTO). The PSC concerns focus on state and federal jurisdictional boundaries and responsibilities and the recovery of start-up costs for the RTO.
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Columbia Takes Over for Bankrupt Gas Company
The Public Utilities Commission of Ohio (PUCO) has directed Columbia Gas of Ohio to operate the bankrupt West Milgrove Gas Co., in the northwestern part of the state, until a new owner is found or its 120 customers secure alternative fuel sources such as propane for their homes.
Gulfstream, INGAA Hit FERC’s New Policy
A policy change directed at construction funding on newly formed, project-financed pipelines, which showed up for the first time in FERC’s certificate order for Gulfstream Natural Gas System, “constitutes flawed policy and lacks reasoned decision-making,” the pipeline said (see NGI, Feb. 26).
Gulfstream, INGAA Hit FERC’s New Policy
A policy change directed at construction funding on newlyformed, project-financed pipelines, which showed up for the firsttime in FERC’s certificate order for Gulfstream Natural Gas System,”constitutes flawed policy and lacks reasoned decision-making,” thepipeline said (see Daily GPI, Feb. 22).
Cross Bay Sponsors Asked to Defend Pipe Project
FERC last week directed the Cross Bay Pipeline Co. L.L.C. torespond to a series of questions mostly focusing on the East Coastproject’s byzantine financial and capacity-lease arrangements thathave prompted protests from customers.
Cross Bay Sponsors Asked to Defend Pipe Project
FERC has directed the Cross Bay Pipeline Co. LLC to respond to aseries of questions dealing with the financing, leasing,engineering, operations and rate design of the East Coast projectthat has come under fire from customers.
NY PSC Moves to Ensure Supply Reliability
The New York Public Service Commission yesterday directednatural gas utilities to take several measures to improve supplyreliability this winter for interruptible customers, and setrequirements for marketers to have firm transmission pipelinecapacity from November through March.
Dynegy Earnings Leap 50% in 1999
Directed by strong gas, power and liquids operations, DynegyInc. reported yesterday a 56% increase in 4Q99 net income to $45.1million and a 50% increase in 1999 recurring net income to $146.1million. In addition to that good news, the Houston-based companyalso said its merger with Illinova Corp., should be complete byearly February.
Canadians Target U.S. for Growth
Western Canadian gas is poised to play a larger role in the U.S.supply picture at a time when gas-directed drilling activity hasfar surpassed oil activity in the region, according to the CanadianEnergy Research Institute (CERI).
Canadians Target U.S. for Growth
Western Canadian gas is poised to play a larger role in the U.S.supply picture at a time when gas-directed drilling activity hasfar surpassed oil activity in the region, according to the CanadianEnergy Research Institute (CERI).