Dynegydirect, the B2B portal and trading site that was launchedby Houston-based Dynegy Inc. and began trading Nov. 1, has alreadyexceeded $1.5 billion in online notional transactions, with morethan $1 billion of the energy and communications commoditytransactions generated by new customers. The site now has more than400 registered users (see Daily GPI, Oct. 17).
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ICE’s Energy Trading is Building a Full Head of Steam
Infant online trading system Intercontinental Exchange (ICE) continues to rack up impressive results, posting over 95 Bcf of physical gas trading, along with almost 970 Bcf of financial gas trading and 40 million MWh of power dealing in its first six and a half weeks of commercial operation.
Ice Building a Full Head of Steam
Infant online trading system Intercontinental Exchange (ICE)continues to rack up impressive results, posting over 95 Bcf ofphysical gas trading, along with almost 970 Bcf of financial gastrading and 40 million MWh of power dealing in its first six and ahalf weeks of commercial operation.
NERC Predicts Smooth Sailing This Winter
With 5,900 MW of new mostly gas-fired generation capacity comingonline this winter across the United States, the North AmericanElectric Reliability Council concluded in its latest WinterAssessment that “electric resources will be adequate” to meetprojected electricity demand.
NERC Predicts Smooth Sailing This Winter
With 5,900 MW of new mostly gas-fired generation capacity comingonline this winter across the United States, the North AmericanElectric Reliability Council concluded in its latest WinterAssessment that “electric resources will be adequate” to meetprojected electricity demand.
Transco’s SouthCoast Expansion Comes Online
The Transco pipeline system’s capacity has increased by 204,099Dth/d with the start-up of the SouthCoast Expansion project. The$108 million expansion provides additional firm transportationcapacity to gas markets in Alabama and Georgia
ICE Trading Begins to Ramp Up
It’s been a little more than a week since the IntercontinentalExchange launched online energy trading among member companies, andthe site already has posted $1 billion in energy transactions.
Dynegydirect Muscles into Online Trading Scene
Houston-based Dynegy Inc., setting itself up as possiblecompetition for its cross-town Houston marketer Enron, has launchedDynegydirect, a B2B trading site for energy and communicationscommodities, which will give customers self-service access to bidand offer prices across U.S. power, natural gas and natural gasliquids products. CEO Chuck Watson said the site would extend thecompany’s “global reach through customized electronic solutions.”
PG&E Corp. Swaps Emissions Credits
PG&E Corp. last week made another stride to bring moreelectricity generating projects online in an attempt to provideCalifornia with an adequate power supply in the future. The companyentered into an agreement with Waste Management Inc. to replace 120diesel-fueled garbage collection trucks with natural gas-fueledversions in order to offset the emissions of a proposed 500 MWnatural gas-fired power plant to be located in San Diego County.
Koch Energy Trading Goes Online
Koch Energy Trading’s new web site KochEnergy.com went live yesterday, offering awide range of features and in-depth information to select Kochcustomers.