Mulls

A committee at the New York Mercantile Exchange (NYMEX) is mulling draft rules for a new set of financially settled electricity contracts that will be linked to PJM Interconnection’s locational marginal prices (LMP).

As FERC mulls whether to require generators to certify that outages at their facilities are due to a valid, technical reason, a leading academic at the Massachusetts Institute of Technology (MIT) last Wednesday suggested that operators of power plants adopt a protocol for how they “call” outages, which in turn would be audited internally and ultimately signed off on by top corporate executives with power suppliers.

Williams late Monday said it was considering selling its natural gas processing and liquids extraction assets in Western Canada in an effort to stay afloat financially. Terms of the potential sale were not disclosed.

Williams late Monday said it was considering selling its natural gas processing and liquids extraction assets in Western Canada in an effort to stay afloat financially. Terms of the potential sale were not disclosed.

Yankee Gas Services Co. said it has decided that its Waterbury, CT, operations center is the preferred site for construction of a proposed liquefied natural gas (LNG) storage and production facility. Part of the Northeast Utilities (NU) system, Yankee said it is proposing to build a state-of-the-art LNG plant to ensure a secure and reliable supply of natural gas to meet the growing energy demands of current and future customers throughout Connecticut.

Yankee Gas Services Co. said it has decided that its Waterbury, CT, operations center is the preferred site for construction of a proposed liquefied natural gas (LNG) storage and production facility. Part of the Northeast Utilities (NU) system, Yankee said it is proposing to build a state-of-the-art LNG plant to ensure a secure and reliable supply of natural gas to meet the growing energy demands of current and future customers throughout Connecticut.

As the Colorado Public Utilities Commission (PUC) considers whether to overhaul or eliminate its integrated resource planning (IRP) requirements for electric utilities in the state, the state commission is being urged to create a process that does not limit the resource options of utilities, while also allowing the PUC to continue its support of demand-side programs, among other things.

As the Colorado Public Utilities Commission (PUC) considers whether to overhaul or eliminate its integrated resource planning (IRP) requirements for electric utilities in the state, the state commission is being urged to create a process that does not limit the resource options of utilities, while also allowing the PUC to continue its support of demand-side programs, among other things.

A North American Electric Reliability Council (NERC) committee this week will be asked to sign off on a draft report that lays out a myriad of actions NERC can take in the areas of transmission planning, cost recovery and siting. The draft report calls on NERC to oversee the strict enforcement of planning standards, as well as see to it that regulators use new cost recovery mechanisms to encourage investment in transmission facilities.