Nascent

Nascent Power Marketing Growing in Bounds

Volume growth in the power marketing business dwarfed that ofgas with some marketers posting year-to-year increases of more than1,000% with gains of more than 100% not unusual. Total salesvolumes for the year for the top-20 gas marketers rose 17%, or 17Bcf/d, whereas for the power marketers volumes soared 103%, or935.81 million MWh, to 1,841.44 million MWh. Such leaps are notsurprising considering power marketing is a less mature businessthan gas and targets a much larger market.

February 8, 1999

Tennessee Districts Fighting Bypass

A battle is brewing in Tennessee to determine exactly whatconstitutes “retail distribution.” On one side is a nascentpipeline company and Tennessee producer that wants to make directsales to industrial end-users. On the other is a group of about 19utility districts seeking to defend what they view as theirstate-granted turf. The Tennessee Regulatory Authority (TRA) isexpected to decide soon what retail distribution means.

February 1, 1999
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