Columbia Gas extended the deadline 24 hours for a CNG decisionon its definitive merger offer yesterday. Columbia said if CNG doesnot respond by 5 p.m. today, the offer will be withdrawn.
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California Continues to Block Gas Restructuring
In the wild final hours of the California state legislature’s1998 session Monday (August 31), another bill aimed at curbing theleeway of the state energy regulators was passed (Senate Bill 1757)and is now awaiting the governor’s signature. A California PublicUtilities Commission representative at the state capitol said theregulators’ remain neutral on the bill, but may take a positionwhen they meet for a regularly scheduled commission conferenceThursday (Sept. 3).
September 2, 1998
California Electric Competition Kicks Off
California’s retail electric market kicks off in the earlymorning hours today (March 31) with the state-chartered wholesalespot market, the power exchange (PX), processing a market-clearingprice and generation schedules for another newly created statepublic benefits organization, the independent system operator(ISO), that will run the state transmission grid.
March 31, 1998
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