Offering

PowerSpring Inc. is preparing to muscle its way into the virtualmarketplace next month, offering commercial and industrial energyusers an online shopping area to take better advantage ofderegulation. Officials last week touted the launch of its newInternet site, www.powerspring.com, promising energy users the “bigplayer” benefits of deregulation – market clout and savings.Through its website, PowerSpring plans to manage energy use for itscustomers by using aggregated customer demand, an online auctionand customized reports. Sidney Hinton was named president and CEOof PowerSpring at the launch last week, which coincided with parentcompany Metretek’s annual shareholder meeting in Denver. The newcompany was first announced last month (see NGI, April 17).”PowerSpring has the potential to revolutionize the purchase andmanagement of energy among an ever-growing universe of commercialenergy users,” Hinton said. PowerSpring’s virtual energymarketplace, designed by e-business partner Scient, will offer asingle source for purchasing and managing energy, with customersreceiving one consolidated bill. Initially, the service will onlybe available to commercial and industrial natural gas users,however, as deregulation grows, PowerSpring plans to expand thecoverage area.

PowerSpring Inc. is preparing to muscle its way into the virtualmarketplace next month, offering commercial and industrial energyusers an online shopping area to take better advantage ofderegulation. Officials yesterday touted the launch of its newInternet site, www.powerspring.com, promising energy users the “bigplayer” benefits of deregulation – market clout and savings.Through its website, PowerSpring plans to manage energy use for itscustomers by using aggregated customer demand, an online auctionand customized reports.

Citing “increasing soil and ambient temperature” that requires adecrease in its target linepack, NOVA is offering to sell up to190,000 gigajoules to customers. The pipeline will accept purchasetenders tied to a Canadian index through 1 p.m. MDT Thursday. Thegas will be sold through inventory transfers in approximately evenincrements over a period of up to 14 days starting around May 15,NOVA said. Call Jeff Stoffregen at (403) 541-4726 or Donna Taillonat -4802 for more information.

Altra Energy Technologies Inc. and Junot Systems Inc., anenterprise application integration (EAI) solutions provider, madean alliance to provide gas pipelines with Altra Web as astand-alone GISB-compliant web-based electronic bulletin boardsolution. Altra Web provides compliance with GISB requirements anduses the latest in Internet technology.

FERC last week approved Transwestern Pipeline’s proposals tobuild a new Gallup compressor station on the San Juan lateral nearits mainline and to install cooling equipment at two existingcompressor stations also on the lateral. Both measures are designedto alleviate on-going constraints on the lateral and bring thepipeline up to its certificated capacity level of 1.09 Bcf/d fordelivery to California.

National Fuel Gas’ storage subsidiary, National Fuel Gas Supply,announced three open seasons last week; a 9,750,000 Dth offering offirm storage service and associated firm storage transportation, a19,100 Dth/d offer for new firm transportation capacity and a150,000 Dth/d offer of firm transportation service from a proposednew interconnect with Empire State pipeline at Pendleton, NY. Allof the open seasons began on Nov. 29 and will end on Dec. 16. Ineach case, gas flow is expected to occur no later than April 1.

National Fuel Gas’ storage subsidiary, National Fuel Gas Supply,announced three open seasons last week; a 9,750,000 Dth offering offirm storage service and associated firm storage transportation, a19,100 Dth/d offer for new firm transportation capacity and a150,000 Dth/d offer of firm transportation service from a proposednew interconnect with Empire State pipeline at Pendleton, NY. Allof the open seasons began on Nov. 29 and will end on Dec. 16. Ineach case, gas flow is expected to occur no later than April 1.

energyOn.com, an e-commerce company offering a consumer resourceWeb site which lets customers in deregulated gas and electricmarkets compare service offers, has expanded its service territoryto include New York, New Jersey and Pennsylvania. The companyalready provided information on markets in Ohio, and expects to addmany more states in the near future. Information on gas andelectric supplier choices in California will be launched later thismonth, the company said.

KN Energy last week launched an open season for its HorizonPipeline project with a 300 MMcf/d shot across the bows ofcompeting projects to serve the cold weather market in northernIllinois and southern Wisconsin. The anchor customer will be NicorGas of Illinois which needs the 300 MMcf/d for supply flexibilityand to serve new customers.