Earlier

DOT’s Pipe Safety Bill is ‘Overkill,’ Pipelines Say

Some say the long-awaited pipeline safety reauthorizationlegislation that was unveiled by the Clinton administration earlierthis week is a pipeline’s worst nightmare come true. It imposestougher safety standards, gives the Department of Transportation(DOT) more inspection muscle, quadruples the amount of civilpenalties for violators, enhances criminal enforcement of violatorsand strengthens the role of states in inspecting pipelines.

April 14, 2000

Entergy Seeks Help for Wholesale Electric Trading Unit

New Orleans-based Entergy confirmed earlier this month that ithas been involved in talks regarding a possible joint venturebetween its wholesale electricity trading unit, Entergy WholesaleOperations (EWO), and another undisclosed company. Entergy said ithopes to make an announcement within five weeks. No other detailsabout a possible deal were given.

March 27, 2000

Coho’s Reorganization Plan Approved

Financially troubled energy producer Coho Energy Inc. announcedthat after several modifications, its plan for a bankruptcyreorganization was approved earlier this month by the U.S.Bankruptcy Court for the Northern District of Texas. The confirmedplan is anticipated to begin March 31. Coho could not be reachedfor comment before press time.

March 22, 2000

FERC Clears Up Grid Interconnection Policy

Amid the “uncertainty” over its interconnection policy, FERCearlier this week clarified its procedures to give all types ofelectric generators, especially new market entrants, a “fair shake”at hooking up to the interstate transmission grid.

March 17, 2000

Prices Head South in Light Trading Day

The gains made earlier this week were not sustained yesterday asmost points on GPI’s Daily survey lost between a couple cents and adime. Spot points in the Midcontinent, California and the Rockieswere the exception, however, as most registered flat to decreasesof just a penny or two; some even managed small increases.

March 16, 2000

NY Council: Millennium Route ‘Unacceptable’

The New York State Reliability Council filed comments with FERCearlier this week saying that the proposed Millennium Pipeline’scurrent route poses severe problems to the state’s electrical grid.

March 10, 2000

RTO Order Upheld at FERC; Workshops Next

FERC earlier this week reaffirmed “almost without exception” allof the “basic policy calls” that it made in its landmark Order2000, which seeks to have regional electric transmissionorganizations (RTOs) up and running in every region of the nationby the end of 2001.

February 25, 2000

Southern Union Renews El Paso Franchise Deal

Southern Union Co. renegotiated its franchise agreement with thecity of El Paso, TX, earlier this week, the company said. Under theterms of the deal, Southern Union will receive a cost-of-servicerevenue increase of $650,000, but it did not disclose the deal’stotal value. The agreement was unanimously approved by the El PasoCity Council on Feb. 22.

February 25, 2000

DOE’s Richardson Wants More NE Gas Pipes

A new Department of Energy (DOE) report is expected to show morenatural gas pipelines are needed to the Northeast. Secretary BillRichardson earlier this week pledged to seek Congressional help inthis area in order to reduce the region’s historic dependence onhigher-priced heating oil.

February 18, 2000

NEM Sets Guidelines for Deregulating Markets

A new study released earlier this week by the National EnergyMarketers Association (NEM), found that deregulating energy marketsare more competitive when incumbent utilities are not the defaultsupplier and the service charge billed to customers is “truly”representative of retail service.

February 9, 2000