England

New England LDC Signs Up For LNG Supply

Distrigas of Massachusetts LLC said it has struck long-term agreements to sell about 9.5 Bcf of liquefied natural gas (LNG) to New England local distribution companies for peak demand needs during the upcoming winter and beyond, the company said.

May 11, 2015

Distrigas Touts LNG as New England Solution

Distrigas of Massachusetts LLC said it has struck long-term agreements to sell about 9.5 Bcf of liquefied natural gas to New England local distribution companies for peak demand needs during the upcoming winter and beyond, the company said.

May 11, 2015

FERC Orders Power Generator to Pay $5M for Market Manipulation Scheme

In a 65-page decision issued on Friday, FERC ordered Calgary-based Maxim Power Corp. to pay a $5 million penalty for manipulating New England power markets in 2010 by falsely selling electricity at oil-generated rates instead of charging for the lower-cost natural gas it was burning.

May 4, 2015

FERC Orders Power Generator to Pay $5M for Market Manipulation Scheme

In a 65-page decision issued on Friday, FERC ordered Calgary-based Maxim Power Corp. to pay a $5 million penalty for manipulating New England power markets in 2010 by falsely selling electricity at oil-generated rates instead of charging for the lower-cost natural gas it was burning.

May 4, 2015

Spectra Targeting Northeast Market Amid Record Throughputs

It doesn’t take a polar vortex to drive throughput on Spectra Energy’s Northeast/New England pipelines to peak levels. Comparatively modest weather combined with power generation demand is enough to do the trick, said a pipeline executive with the company, which now is engaged in a demand-pull system expansion targeting the region.

February 6, 2015

Pipeline Trio Offering $1.37/Dth Ride From New York to New England

A trio of Northeast pipelines is offering capacity on what they are touting as a solution to natural gas shortages in New England and Atlantic Canada.

January 13, 2015

ISO-New England’s Winter Outlook Again Shows Need For More NatGas Pipelines

New England should have sufficient resources in place this winter to meet consumer demand for electricity, but “insufficient pipeline capacity to meet power generators’ demand for natural gas continues to be a particular concern during the winter months,” according to the region’s grid operator.

November 21, 2014
TGP Offers Maine Expansion Capacity; Massachusetts Has Questions

TGP Offers Maine Expansion Capacity; Massachusetts Has Questions

Tennessee Gas Pipeline LLC (TGP) is offering the state of Maine a 20-year capacity deal on its proposed Northeast Energy Direct (NED) expansion that it says will drive down Mainers’ natural gas and electricity costs. Meanwhile, Massachusetts has questioned the need for the project in a regulatory filing.

September 18, 2014
Spectra, Northeast Utilities Partner to Fix New England Gas Supply Woes

Spectra, Northeast Utilities Partner to Fix New England Gas Supply Woes

Spectra Energy Corp. and Spectra Energy Partners (Spectra) along with Northeast Utilities on Tuesday launched their Access Northeast project, a $3 billion expansion intended to address supply reliability issues and spiking prices for natural gas in the New England market. Mainly, the project would target gas-fueled power plants and their peak-day gas demands.

September 16, 2014

NatGas Pipeline Shortage Still A Concern, ISO-New England Says

Pipelines are being built to carry natural gas away from the Marcellus and Utica shale producing areas, but not enough of them are designed to serve New England, a growing concern for a region increasingly reliant on natural gas, according to the region’s grid operator.

September 9, 2014