The lights will shine in the city of Columbus, OH, for at leastthe next five years if CMS Energy Corp. has anything to say aboutit. CMS Marketing, Services and Trading (CMS-MST) reported lastweek that it has been awarded a long term contract to providewholesale electricity and other energy services to the city’s13,000 residential and commercial customers.
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CMS-MST Wins City of Columbus MW Contract
The lights will shine in the city of Columbus, OH, for at leastthe next five years if CMS Energy Corp. has anything to say aboutit. CMS Marketing, Services and Trading (CMS-MST) reportedyesterday that it has been awarded a long term contract to providewholesale electricity and other energy services to the city’s13,000 residential and commercial customers.
Transportation Notes
Transwestern extended through at least Saturday the force majeureassociated with a freight train derailment near its mainline innorthwest new Mexico (see Daily GPI, Nov. 2). The derailed cars have beenremoved but harsh weather delayed the start of pipe inspection untilFriday, a spokeswoman said. Crews were hoping to restore servicebetween Stations 5 and 6 Sunday, she said. A capacity constraintremained in effect going into the weekend, but it had been reducedfrom 400,000 MMBtu/d to 300,000 MMBtu/d.
Traders Think Price Slide Unlikely to Stop Soon
Is the market in early meltdown stage? At least one traderthought so, saying, “Yep, it sure looks that way” after the screentacked on a second straight day of double-digit losses Wednesdayand was joined by the cash market recording price drops rangingbetween a dime and a little more than 20 cents.
OCC’s Bode Calls for Domestic Energy Policy
Oklahoma Corporation Commissioner Denise Bode is waiting forsomeone to be politically incorrect — at least when it comes tosetting up a domestic energy policy. She readily admits, however,that the problems that basically eliminated natural gas drillingfor nearly two years in her state won’t be solved overnight.
OCC’s Bode Calls for Domestic Energy Policy
Oklahoma Corporation Commissioner Denise Bode is waiting forsomeone to be politically incorrect — at least when it comes tosetting up a domestic energy policy. She readily admits, however,that the problems that basically eliminated natural gas drillingfor nearly two years in her state won’t be solved overnight.
CA Governor, CPUC Attack Dysfunctional Power Market
State officials have launched an all-out effort to cure or atleast contain California’s runaway electric power market, sending$100 million in rate relief to customers of San Diego Gas &Electric, putting construction of new power plants on a fast trackand loosening the grip of the California Power Exchange (Cal-PX).
CA Governor, CPUC Attack Dysfunctional Market
State officials have launched an all-out effort to cure or atleast contain California’s runaway electric power market, sending$100 million in rate relief to customers of San Diego Gas &Electric, putting construction of new power plants on a fast trackand loosening the grip of the California Power Exchange (Cal-PX).
OFOs Cause California to Lead Overall Price Plunge
The meltdown in weekend prices Friday made at least one traderthink of Chernobyl. A few points fell only a little more than 15cents, but a majority of the declines exceeded 20 cents, andOFO-infested California numbers were down about half a dollar atthe border.
Transportation Notes
Florida Gas Transmission issued an Overage Alert Day noticeTuesday morning for that gas day and extended the notice through atleast today. Citing significant demand in its market area, FGTapplied the notice to the downstream segment east of Station 12 innorth-central Florida. The notice carried a 6% tolerance fornegative daily imbalances; however, FGT said if conditions do notimprove, it may cut the percentage prior to the start of today’sgas day.