The proposed Sonoran Pipeline project crossed its first hurdle late last week as potential shippers expressed interest in a significant level of capacity on the proposed 1,030-mile gas pipeline. However, the market seemed to make those hurdles a bit taller as gas prices closed in on $2 in the Rockies and plummeted to nearly $5 at the border.
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Market Shows Up in Force for CA Sonoran Pipeline
The proposed Sonoran Pipeline project crossed its first hurdle yesterday as potential shippers expressed interest in an adequate amount of capacity on the proposed 1,030-mile gas pipeline. However, the market seemed to make those hurdles a bit taller as gas prices closed in on $2 in the Rockies and plummetting to nearly $5 at the border.
NYISO: Blackouts Unlikely for Big Apple, State
The New York Independent System Operator (NYISO) last Thursday expressed confidence that both New York City and the state as a whole should be able to avoid blackouts this summer, but then acknowledged the Big Apple will have a “razor-thin” positive margin starting in July.
NYISO: Blackouts Unlikely for Big Apple, State
The New York Independent System Operator (NYISO) yesterday expressed confidence that both New York City and the state as a whole should be able to avoid blackouts this summer, but then acknowledged the Big Apple will have a “razor-thin” positive margin starting in July.
Generators Say FERC Study Should Include Utility Data
Several generators recently expressed a willingness to cooperate with FERC as the Commission mulls how best to gather data related to generator outages in California, but they also questioned why FERC is not casting a wider net to include data from investor-owned utilities (IOUs) in the state.
FPL Says It May Have To Reevaluate RTO Plans
In the wake of recent concerns expressed by Florida Public Service Commission (FPSC) staff related to Florida Power & Light Co.’s participation in GridFlorida, a regional transmission organization being formed by FPL and several other Florida utilities, FPL on Friday said that it may have to take a second look at its RTO plans.
FPL Says It May Have To Reevaluate RTO Plans
In the wake of recent concerns expressed by Florida Public Service Commission (FPSC) staff related to Florida Power & Light Co.’s (FPL) participation in GridFlorida, a regional transmission organization (RTO) being formed by FPL and several other Florida utilities, FPL on Friday said that it may have to take a second look at its RTO plans.
Davis: PG&E Creditors May Deal with State
The creditors’ committee in the Pacific Gas and Electric Co. bankruptcy has “expressed interest” in the deal established with Southern California Edison Co., and the governors’ negotiators are in contact with that body, California’s governor told attendees at a J.P. Morgan technology conference in San Francisco Monday. The governor said he hopes to be able to sell the first increment of the state’s multi-billion-dollar revenue bonds very soon.
Industry Tries to Cool Regulators’ Concerns
State regulators and consumer advocates expressed deep concernover high gas prices last week at the winter committee meetings ofthe National Association of Regulatory Utility Commissioners inWashington, D.C. But industry officials said record drillingefforts will eventually solve the problem and already may be havingan impact.
CA Crisis Dominates Abraham Confirmation Hearing
Judging from the comments expressed at yesterday’s Senateconfirmation hearing for Energy Secretary nominee Spencer Abraham,California isn’t likely to get much help from the Republicans inCongress for its ailing electricity market, but the Bush WhiteHouse could offer some hope.