Energy efficiency is no longer considered just a “nice thing to do for society” and is now considered “a real resource,” even a “fifth fuel,” National Association of Regulatory Utility Commissioners (NARUC) President Jim Kerr told Congress Monday.
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Maine LNG Project Developers Hope to Find Strength in Numbers
Four planned liquefied natural gas (LNG) import projects in Maine may seem like a crowd, but at least one of the developers believes it’s nice to have a little company. Having four projects on the table reinforces the message that LNG is definitely here to stay, said Dennis Bailey, of Saavy Inc., the public relations firm behind the Quoddy Bay LNG terminal.
Enron Backlash Strikes Companies, Analysts, Auditors, SEC
It’s not nice to fool the investing public — energy companies and their auditors are learning as Enron’s collapse continues to spark a tidal wave of investigations, recriminations and falling stock prices. Not only the companies are under attack but also the investment analysts who follow them and even the watchdog Securities and Exchange Commission (SEC) itself is coming under fire for a “failure of leadership,” for abdicating its responsibility to set strict financial reporting standards.
Enron Backlash Strikes Companies, Analysts, Auditors, SEC
It’s not nice to fool the investing public — energy companies and their auditors are learning as Enron’s collapse continues to spark a tidal wave of investigations, recriminations and falling stock prices. Not only the companies are under attack but also the investment analysts who follow them and even the watchdog Securities and Exchange Commission (SEC) itself is coming under fire for a “failure of leadership,” for abdicating its responsibility to set strict financial reporting standards.
NERC: Northeast, Southwest Will Be Tight this Summer
The month of May provided a nice opportunity to become familiarwith the power emergency procedures that are likely to be utilizedduring peak demand periods in New England, New York, and theSouthwest this summer. The North American Electric ReliabilityCouncil’s 2000 Summer Assessment on the reliability of bulk powersupply officially confirmed last week that these three areasprobably will be challenged to meet peaking loads.
NERC: Northeast, Southwest Will Be Tight
The month of May provided a nice opportunity to become familiarwith the power emergency procedures that are likely to be utilizedduring peak demand periods in New England, New York, and theSouthwest this summer. The North American Electric ReliabilityCouncil’s 2000 Summer Assessment on the reliability of bulk powersupply concludes that these three areas probably will be challengedto meet peaking loads.
Futures Resume Downturn; Friday’s Gains Erased
Warm weather forecasts and the large separation between cash andfutures prices spoiled the nice rally futures traders had goinglate last week. Prices opened down a nickel, made slight gains andthen slid the rest of the day. After opening at $2.600, Decemberposted a mid-day high at $2.635 and then collapsed to a low of$2.520. It settled down 12.5 cents at $2.524. January lost 10.7cents to settle at $2.681, and February slipped 8.5 cents to endthe day at $2.640/MMBtu.