The substantial energy management outsourcing relationshipbetween New England gas distributor Yankee Gas and energy marketerTransCanada Gas Services continues to grow. After a competitivebidding process, Yankee signed a new one-year contract that allowsTransCanada to manage another large part of Yankee’s gas supply,storage and long-haul pipeline capacity.
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TransCanada Insulates Yankee from Supply Risk
The substantial energy management outsourcing relationshipbetween New England gas distributor Yankee Gas and energy marketerTransCanada Gas Services continues to grow. After a competitivebidding process, Yankee signed a new one-year contract that allowsTransCanada to manage another large part of Yankee’s gas supply,storage and long-haul pipeline capacity.
Mix of Supplies Insulates Calpine
Calpine Corp., the San Jose, CA-based merchant power plantdeveloper, maintains a voracious appetite for natural gas that itexpects to reach 6 to 7 Bcf/d in the next five years, but it isunfazed by the current price spike and supply tightness headinginto winter. A diversified portfolio approach that aims for up to aquarter of its supplies coming from its own reserves makes Calpineofficials shrug off worries about future gas markets.