Pointing out the potential for market power abuses during this summer’s peak demand periods, the New York Independent System Operator (NYISO) has asked FERC to give it a quick go-ahead to penalize for repeated abuses of market power in the Empire State.
Potential
Articles from Potential
Market Gives Thumbs-Up to CA Sonoran Pipeline
The proposed Sonoran Pipeline project crossed its first hurdle late last week as potential shippers expressed interest in a significant level of capacity on the proposed 1,030-mile gas pipeline. However, the market seemed to make those hurdles a bit taller as gas prices closed in on $2 in the Rockies and plummeted to nearly $5 at the border.
DOE Asks National Petroleum Council for Multiple Studies
A study of North American natural gas markets topped the wish list of 11 potential study projects proposed by the Energy Department (DOE) for the National Petroleum Council (NPC) at the council’s annual meeting last Wednesday in Washington.
Market Shows Up in Force for CA Sonoran Pipeline
The proposed Sonoran Pipeline project crossed its first hurdle yesterday as potential shippers expressed interest in an adequate amount of capacity on the proposed 1,030-mile gas pipeline. However, the market seemed to make those hurdles a bit taller as gas prices closed in on $2 in the Rockies and plummetting to nearly $5 at the border.
DOE Asks NPC for Multiple Studies
A study of North American natural gas markets topped the wish list of 11 potential study projects proposed by the Energy Department (DOE) for the National Petroleum Council (NPC) at the council’s annual meeting Wednesday in Washington.
Transportation Notes
Citing significant market area demand, Florida Gas Transmission advised shippers Friday to be watchful over the weekend for a potential Overage Alert Day notice.
Mitchell Says Buyers Interested
The Woodlands, TX-based Mitchell Energy & Development Corp. is attracting interest from potential buyers, according to founder and CEO George Mitchell, 81. Mitchell, speaking to reporters following the company’s annual meeting Wednesday, would not confirm nor deny that the company is considering offers. “We’ll see what happens,” he said.
Mitchell Says Buyers Interested
The Woodlands, TX-based Mitchell Energy & Development Corp. is attracting interest from potential buyers, according to founder and CEO George Mitchell, 81. Mitchell, speaking to reporters following the company’s annual meeting Wednesday, would not confirm nor deny that the company is considering offers. “We’ll see what happens,” he said.
CA Power Sellers Cited for Potential Refunds
FERC last week issued an order for the smallest refund amount to the California market to date, alerting three power suppliers that they must justify $587,000 worth of wholesale electricity sold during Stage Three emergencies in the month of March or pay customers back for overcharges.
CA Power Sellers Cited for Potential Refunds
FERC has alerted three power suppliers to the California market that they must justify $587,000 worth of wholesale electricity sold during Stage Three emergencies in the month of March or pay refunds.