Southern Energy Inc., a unit of Southern Company named David T.Gallaspy CEO of its Southern Energy Texas/Louisiana division,managing power generation operations in Texas and directingbusiness development activities in the region. He also will remaina vice president of Southern Energy.
power
Articles from power
ANR Targets Generators with Proposed Services
ANR Pipeline proposes to establish two new transportationservices to meet the hourly natural gas demands of powergenerators, primarily in the Midwest market.
People
Patricia K. Swanke has been named vice president, operations,for The Dayton Power and Light Co., effective immediately. Swankebegan her career at DP&L in 1990 and has held variouspositions, most recently as managing director of gas and electrictransmission and distribution operations.
Industry Briefs
DPL Inc., parent of the Dayton Power and Light Co., was recentlyselected by the Indiana Farm Bureau as its energy partner, thecompany said last week. Under the agreement, DPL Energy will be theenergy provider of choice for the Indiana Farm Bureau and itsmembership, supplying natural gas and other energy services. Thisannouncement comes on the heels of DPL and the Ohio Farm Bureaurenewing their eight-year relationship. The Indiana Farm Bureau hasrepresented Hoosier farmers since 1919 and is now the largestagricultural organization in Indiana with more than 272,000members. It provides its members with a number of value-addedservices that include insurance, accounting, education, and nownatural gas through DPL Energy. DPL currently manages approximately25 Bcf of natural gas annually.
New SC Power Plant Doubles MW
South Carolina Electric & Gas will replace coal-burninggenerating equipment at its oldest fossil fuel facility in Aiken,SC, with two natural gas-fired turbines generating 150 MW each. The$180 million project at the Urquhart station will be designed andbuilt by Duke/Fluor Daniel for completion in June, 2002.
New South Carolina Power Plant Doubles MW
South Carolina Electric & Gas will replace coal-burninggenerating equipment at its oldest fossil fuel facility in Aiken,SC, with two natural gas-fired turbines generating 150 MW each. The$180 million project at the Urquhart station will be designed andbuilt by Duke/Fluor Daniel for completion in June, 2002.
Houston Exploration Possibly Up for Grabs
KeySpan Energy, which has been focusing increasingly ondownstream and electric power activities, is considering the saleof its 64% ownership interest in E&P arm Houston Exploration.An announcement last week said KeySpan and Houston Exploration hadbegun a process to review “a full range of strategic transactions”and hired J.P. Morgan Securities Inc. as financial advisor.
Houston Exploration Potentially Up for Grabs
KeySpan Energy, which has been focusing increasingly ondownstream and electric power activities, is considering the saleof its majority ownership of E&P arm, Houston Exploration. Anannouncement Monday said KeySpan and Houston Exploration had beguna process to review “a full range of strategic transactions” andhired J.P. Morgan Securities Inc. as financial advisor.
Prices Rise Again; Some Now Doubting Weekend Drop
Cash prices rode a soaring October futures contract,stilll-strong power generation demand and the remote threat ofTropical Storm Floyd to higher levels again Thursday. Gains wereslowing down from Wednesday’s pace but ranged from 2-3 cents at afew points to about a dime at many of them.
Northern States Picking up 20,000 Natrogas Customers
Minneapolis-based Northern States Power Co. will add about 5,000natural gas and 15,000 propane customers in four states through theacquisition of Natrogas Inc., also of Minneapolis. The dealrequires regulatory approval.