Novel

In an effort to display its storage rate design flexibility, FERC granted Saltville Gas Storage in Virginia rehearing Thursday on its novel cost-based rates, and awarded a certificate to the Pine Prairie storage project in Evangeline Parish, LA, with authorization to charge market-based rates.

In an effort to display its storage rate design flexibility, FERC granted Saltville Gas Storage in Virginia rehearing Thursday on its novel cost-based rates, and awarded a certificate to the Pine Prairie storage project in Evangeline Parish, LA, with authorization to charge market-based rates.

In its “Strategic Plan for Fiscal Years 2003-2008” submitted to Congress, the Federal Energy Regulatory Commission last week outlined some of the new programs that it is planning to help spot incidents of market-power abuse more quickly and ensure more widespread compliance by energy companies with the agency rules and regulations.

In its “Strategic Plan for Fiscal Years 2003-2008” submitted to Congress, the Federal Energy Regulatory Commission outlined some of the new programs that it is planning to help identify incidents of market-power abuse more quickly and ensure more widespread compliance by energy companies with the agency rules and regulations.

Texas Eastern Transmission (TETCO) has come up with a novel wayof solving its capacity turnback problem with a service providingfirm hourly flexibility, but customers, particularly New EnglandLDCs, aren’t buying it.

Texas Eastern Transmission (TETCO) has come up with a novel wayof solving its capacity turnback problem with a service providingfirm hourly flexibility, but customers, particularly New EnglandLDCs, aren’t buying it.

Shippers on Texas Gas Transmission Corp. have called on FERC toproceed cautiously with the pipeline’s proposed Section 4 generalrate filing that seeks to increase its total cost of service by19%, or $48 million, and boost annual rates for jurisdictionalpipeline and storage services by about $81 million.