FERC has given the environmental green light for an ANR Pipeline project aimed at enhancing the working gas capacity at four natural gas storage reservoirs that the pipeline owns and operates in central and western Michigan.
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ICE Boosts Electronic Trading Platform’s Processing Speed by 1,700%
IntercontinentalExchange (ICE) reported Wednesday that its year-long technology development effort aimed at enhancing the performance of its electronic platform for commodities trading was a success, noting that the platform’s processing speed improved 1,700% over the course of the program.
Enhancing Cal-SO Price Cap Power Draws Fire
Independent power marketers have denounced efforts by theCalifornia Independent System Operator (Cal-ISO) to extend itspurchase price cap authority, fearing it would give the Cal-ISO”unfettered” control over wholesale electric market prices in thestate. But California investor-owned utilities, Southern CaliforniaEdison and Pacific Gas and Electric, and the California PowerExchange (Cal-PX) and California Electricity Oversight Board see anupside to the Cal-ISO’s request.