After 18 months in the making, FERC yesterday unveiled itsmuch-anticipated mega-rule that tackles a full plate of post-Order636 reforms designed to promote greater efficiency and fairness inan ever-changing natural gas market.
Making
Articles from Making
Trio Offering Midwest Capacity, Challenge to Vector
Making use of extra capacity, three pipelines are collaboratingto provide additional transportation between Chicago and Dawn,Ontario, this winter. If their capacity offering generates enoughinterest among shippers, the three could make the offering everywinter, creating a competitor to the planned Vector project.
Trio Offering Midwest Capacity, Challenge to Vector
Making use of extra capacity, three pipelines are collaboratingto provide additional transportation between Chicago and Dawn,Ontario this winter. If their capacity offering generates enoughinterest among shippers, the three could make the offering everywinter, creating a competitor to the planned Vector project.
East Tennessee Purchase Expands Duke’s Pipeline Web
Making good on a promise made to the Federal Trade Commission(FTC) in order to close its merger with Sonat, El Paso Energyannounced the sale of the East Tennessee Natural Gas Co. to DukeEnergy Gas Transmission for $386.3 million in stock yesterday. Thetransaction is expected to close in the first quarter subject toFTC consent.
PA PUC Okays Columbia Restructuring
The Pennsylvania Public Utility Commission approved Columbia Gasof Pennsylvania’s restructuring settlement, making the company thefirst to gain commission approval under the guidelines set forththis summer in the Natural Gas Choice and Competition Act. Thesettlement, which included 26 parties, allows Columbia to advanceits choice program, expand its customer assistance program (CAP)statewide, and provide telephonic and Internet enrollment.
Retail Marketers Trying to Gain a Foothold in MA
Marketers are making a last-ditch attempt at establishing abeachhead for fair and open competition in the retail energy marketin Massachusetts. They lost a battle earlier this year whenregulators voted to allow utilities to assign portions of upstreamgas transportation and storage capacity to customers who wereseeking alternative suppliers. Marketers now hope they can persuaderegulators to establish a set of minimum standards for utilitytransportation service, not only for the retail customer, but alsofor the new utility customer, i.e., the retail marketer, as well.
Retail Marketers Trying to Gain a Foothold in MA
Marketers are making a last-ditch attempt at establishing abeachhead for fair and open competition in the retail energy marketin Massachusetts. They lost a battle earlier this year whenregulators voted to allow utilities to assign portions of upstreamgas transportation and storage capacity to customers who wereseeking alternative suppliers. Marketers now hope they can persuaderegulators to establish a set of minimum standards for utilitytransportation service, not only for the retail customer, but alsofor the new utility customer, i.e., the retail marketer, as well.
CA Looks at Distributed Power & Franchises
California, the trend-setter in electric restructuring, isexpected to take it to the next level with a “decision-making”investigation starting this fall on distributed generation and themonster issue lurking behind it – the sacrosanct local distributionfranchises.
El Paso In Nevada Power Generation Market
El Paso Energy is making its first entry into the Nevada powermarket with its planned acquisition of Bonneville Pacific Corp. for$63 million. The deal includes a 50% interest, through BonnevilleNevada Corp., of Nevada Cogeneration Associates No. 1 (GarnetValley), an 85 MW power plant that sells power to Nevada Power Co.under a long-term contract. Texaco owns the other 50% of the plant.
‘Stringent’ Conditions on Dominion, CNG Marriage Sought
The proposed merger of Dominion Resources Inc. (DRI) withConsolidated Natural Gas Co. (CNG) is making a lot of energy peoplein and around Virginia very nervous. So much so they have askedFERC to either reject the combination of the two companies outrightor place “stringent” conditions on the marriage.