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Duke

It’s a Go for $1.6 Billion Gulfstream Pipeline in Florida

Duke Energy and Williams got the certificate go-head from FERClast week to proceed with their newly acquired Gulfstream NaturalGas System project, a proposed 744-mile pipeline that would supplygas to the ever-expanding power generation market in Florida.

February 26, 2001

It’s a Go for $1.7 Billion Gulfstream Pipeline in Florida

Duke Energy and Williams got a final certificate from FERCyesterday to proceed with their newly acquired Gulfstream NaturalGas System project, a proposed 744-mile pipeline that would supplygas to the ever-expanding power generation market in Florida.

February 22, 2001

Industry Briefs

Duke Energy North America (DENA) said it will have more than6,000 Mw of new power generation capacity in place by summer 2002,bringing its total merchant generation portfolio to 15,000 MW.DENA’s merchant portfolio currently includes 6,200 MW of generationlocated in the western, midwestern and eastern regions of theUnited States. The new generation will serve markets in the WesternSystem Coordinating Council (WSCC), the East Central ReliabilityCouncil (ECAR) and the Southeastern Electric Reliability Council(SERC) regions. DENA has begun or soon will begin constructionactivity on six merchant generation facilities totaling more than4,000 MW. The facilities include: the 570 MW Maricopa EnergyFacility in Maricopa County, AZ.; the 620 MW Washington GeneratingFacility located in Washington County, OH; the 620 MW Hot SpringEnergy Facility in Hot Spring County, AR; Murray GeneratingFacility I and II, two 620 MW facilities located on the same sitein Murray County, GA; and lastly the previously announced 1,040 MWmodernization of the Moss Landing facility in California. All areexpected to begin commercial operation by mid-2002. DENA plans toannounce an additional 2,000 MW of generation capacity that alsowould be ready summer 2002. Individual sites and relatedinformation will be disclosed in the second quarter. By summer2001, DENA will deliver six new merchant facilities totaling 3,400MWs. DENA also has more than 13,500 MWs in advanced development andwill construct between 10 and 12 new merchant facilities every yearthrough 2003, expanding its merchant portfolio to more than 23,000MWs.

February 8, 2001

DEFS Opens OK Pipeline, Consolidates Processing

Duke Energy Field Services (DEFS) began service on its newlyconstructed 12-inch, 42-mile natural gas pipeline, which travelsfrom the company’s Carney processing facility to its Kingfisherplant near Cashion, OK. The company said the line is capable ofmoving 60 MMcf/d.

January 29, 2001

DEFS Opens OK Pipeline, Consolidates Processing

Duke Energy Field Services (DEFS) began service on its newlyconstructed 12-inch, 42-mile natural gas pipeline, which travelsfrom the company’s Carney processing facility to its KingfisherPlant near Cashion, OK. The company said the line is capable ofmoving 60 MMcf/d.

January 26, 2001

MHP Seeks to Further Expand Egan, LA, Storage

Market Hub Partners L.P., a division of Duke Energy GasTransmission, last week asked FERC for the go-ahead toincrementally expand its natural gas storage facility in Egan, LA,by 4 Bcf.

January 22, 2001

MHP Seeks to Further Expand Egan, LA, Storage

Market Hub Partners L.P., a division of Duke Energy GasTransmission, yesterday asked FERC for the go-ahead toincrementally expand its natural gas storage facility in Egan, LA,by 4 Bcf.

January 17, 2001

DukeSolutions to Exit Gas Marketing in Georgia

After marketing natural gas to Georgia customers for a littleless than a year, DukeSolutions, a unit of Duke Energy, has decidedto throw in the towel. The marketer which only has firm contractswith 16 customers on the Atlanta Gas Light system, filed a petitionwith the Georgia Public Service Commission (GPSC) to cancel its”Certificate of Authority” to provide natural gas marketingservices in Georgia.

November 30, 2000

Industry Brief

ONEOK Gas Transportation, L.L.C. (OGT), and Duke Energy NorthAmerica (DENA) reported the execution of long term agreements forOGT to supply natural gas transportation to DENA’s naturalgas-fired McClain energy facility located in Newcastle, OK. Termsof the deal were not released. OGT will provide firm transportationof gas up to 85,000 Mcf/d to the 500 MW power plant. The McClainplant is expected to become operational and begin supplyingelectricity to regional markets next summer. OGT said industrysources expect as many as 20 merchant power facilities are beingreviewed for construction in the state.

November 6, 2000

Industry Briefs

PG&E Corp.’s National Energy Group entered into an agreement with Duke Energy North America to purchase the company’s Attala Energy facility. Attala is a 500 MW natural gas-fired merchant generation plant located in central Mississippi. The plant which is still under construction, is expected to be in commercial service during the summer of 2001. The plants output will be delivered into the Entergy wholesale market. “This purchase makes us an early and well-positioned entrant into the region’s power market,” said Greg Kelly, vice president Marketing and Business Development of the National Energy Group’s Eastern Region. The companies expect the acquisition to be completed by the end of September pending regulatory approval.

September 8, 2000