Financial recovery in the energy industry is going to take a very long time, given that $226 billion — or more than 90% of market capitalization — was lost by the dozen major energy trading and power generation firms, a Nymex executive told a national meeting of state regulators in Portland, OR, last week.
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Energy Companies’ Credit Status Threatens Operations
Financial recovery in the energy industry is going to take a very long time, given that $226 billion — or more than 90% of market capitalization — was lost by the dozen major energy trading and power generation firms, a Nymex executive on Tuesday told a national meeting of state regulators in Portland, OR.
FERC OKs Construction of Iroquois’ Eastchester Expansion
The Federal Energy Regulatory Commission has given Iroquois Gas Transmission System a green light to proceed with the construction of the pipeline portion of the Eastchester Expansion project, the first interstate pipe to be built into New York City in about 40 years. The proposed line would serve power generation and traditional gas customers in the New York market.
FERC OKs Construction of Iroquois Eastchester Expansion
The Federal Energy Regulatory Commission has given Iroquois Gas Transmission System a green light to proceed with the construction of the pipeline portion of the Eastchester Expansion project, the first interstate pipe to be built into New York City in about 40 years. The proposed line would serve power generation and traditional gas customers in the New York market.
FERC OKs Construction of Iroquois Eastchester Expansion
The Federal Energy Regulatory Commission has given Iroquois Gas Transmission System a green light to proceed with the construction of the pipeline portion of the Eastchester Expansion project, the first interstate pipe to be built into New York City in about 40 years. The proposed line would serve power generation and traditional gas customers in the New York market.
Georgia Strait Project Clears Final Environmental Hurdle at FERC
The Federal Energy Regulatory Commission has given final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.
Georgia Strait Project Clears Final Environmental Hurdle at FERC
The Federal Energy Regulatory Commission has given final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.
Exec: Don’t Expect to See Power Price Volatility Return Soon
Given the amount of new generation coming online, observers of energy trading markets shouldn’t expect to see the return of volatility to those markets in the short term, a top executive with Allegheny Energy Global Markets told an audience of investment professionals attending a Deutsche Bank-sponsored electric power conference last Tuesday.
FERC Gives Nod for Horizon to Begin Service
The staff of the Federal Energy Regulatory Commission has given Horizon Pipeline Co. the green light to place in service its 70-mile pipeline that will transport 380 MMcf/d of natural gas from the Joliet Hub in Illinois near Chicago to the northeastern part of the state near McHenry, IL.
Construction of Rest of Phase II MarketLink, Leidy East Projects OK’d
The Federal Energy Regulatory Commission staff has given Transcontinental Gas Pipe Line the green light to begin construction of the remaining facilities of its Phase Two MarketLink and Leidy East projects to provide expanded natural gas service to traditional and power generation markets in Pennsylvania, New Jersey and New York.