The idea that Ohio Edison didn’t have fair warning on how to accurately interpret “routine maintenance” under the Clean Air Act prior to its implementing a series of modifications to a coal-fired power plant located in Ohio was firmly rejected by a U.S. District Court judge in a ruling issued last Thursday.
Feds
Articles from Feds
Dow Official Challenges Feds to Fix the Supply-Demand Gap They Created
Capping off a day-long emergency conference on Thursday called to address a potential crisis in the natural gas markets, Energy Secretary Spencer Abraham told reporters he planned to move quickly on submitting recommendations to President Bush that would soften the impact of a gas supply shortage this summer or next winter.
Feds Hint of More Indictments from Dynegy’s Project Alpha
Investigations are ongoing into “others” who may have been involved in a series of complex energy trades better known at Dynegy Inc. as Project Alpha, according to a Fort Worth-based Securities and Exchange Commission (SEC) official. The SEC official said “further action is likely” after three former Dynegy accountants were charged with criminal fraud on Thursday.
Feds Hint of More Indictments from Project Alpha
A Fort Worth-based Securities and Exchange Commission (SEC) official on Thursday said investigations were ongoing into “others” who may have been involved in a series of complex energy trades better known at Dynegy Inc. as Project Alpha, adding that “further action is likely,” after three former Dynegy employees were charged with criminal fraud.
Feds Net School of Enron’s Former Big Fish, Fastow’s Wife
Following more than a year of investigations into Enron Corp., several former top executives, including the wife of indicted CFO Andrew Fastow, were led in handcuffs into the Houston Federal Courthouse Thursday, where they were charged in various fraud schemes. Fastow, already under indictment on 78 counts of fraud and embezzlement, also was indicted Thursday on 31 additional criminal charges.
Process Gas Consumers Tell Feds: Hands Off Price Survey Process
The Process Gas Consumers (PGC), representing end users whose processes require the use of natural gas, has advised FERC Chairman Pat Wood it is “strongly” opposed to the federal government taking a hand in the price reporting process for natural gas, which is currently performed by independent publishers (such as NGI).
FERC, CFTC Budgets Higher; Feds Factor in Future ANWR Revenue
President George W. Bush last Monday targeted additional funding for energy infrastructure and oversight activities in his $199.4 million budget request for the Federal Energy Regulatory Commission for fiscal 2004.
EPSA Tells Feds that Power Suppliers Committed to Ethics Code
The Electric Power Supply Association (EPSA) on Monday reported to federal regulators that it has received letters from over 30 power suppliers that sit on EPSA’s board certifying that they have put in place polices and procedures designed to assure their compliance with EPSA’s recently adopted code of ethics for suppliers.
FERC, CFTC Budgets Higher; Feds Factor in Future ANWR Revenue
President George W. Bush on Monday targeted additional funding for energy infrastructure and oversight activities in his $199.4 million budget request for the Federal Energy Regulatory Commission for fiscal 2004.
Feds Probe Whether Enron Bamboozled Investors on True Worth of Pipes, Plants
Another year, and still the revelatory stories about Enron Corp.’s apparent misdeeds continue. Federal investigators combing through the convoluted stack of special purpose entities (SPEs) now are examining whether the company misled investors not only about its energy trades, but also covered up the actual value of its “real” assets — natural gas pipelines and power plants.