Preparing for the advent of electric industry restructuring inNevada and a pending merger with Portland General, Sierra PacificResources’ two Nevada power utilities have begun the process ofselling off nearly a billion dollars of fossil-fuel generationplants in a two phase auction seeking preliminary, nonbinding bidsby next month. Book value collectively is just under $1 billion, aSierra Pacific spokesperson said.
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Nevada Electric Utilities to Sell Power Plants
Preparing for the advent of electric industry restructuring inNevada and another pending merger with Portland General, SierraPacific Resources’ two Nevada power utilities have begun theprocess of selling off nearly a billion dollars of fossil-fuelgeneration plants in a two phase auction seeking preliminary,nonbinding bids by next month. Book value collectively is “justunder $1 billion,” a Sierra Pacific spokesperson said.
Detroit Edison Turns On the Gas Power
While winter continues to grip Michigan, Detroit Edison alreadyis preparing for summer peak electricity demand. The company toldthe Michigan Public Service Commission (MPSC) it has taken a seriesof steps to keep its growing customer base cool during thescorching days of Summer 2000 when demand for electricity isexpected to reach record levels.
Detroit Edison Turns On the Gas Power
While winter continues to grip Michigan, Detroit Edison alreadyis preparing for summer peak electricity demand. The company toldthe Michigan Public Service Commission (MPSC) it has taken a seriesof steps to keep its growing customer base cool during thescorching days of Summer 2000 when demand for electricity isexpected to reach record levels.
EPA, Court Crack Down On Power Plant Emissions
As polluting utilities were preparing to fight a broadEnvironmental Protection Agency emissions-reduction edict issuedlast week, they were hit with an appeals court decision upholdingan earlier EPA order on the same subject — nitrogen oxides (NOx)emissions.
EPA, Court Crack Down on Power Plant Emissions
As polluting utilities were preparing to fight a broadEnvironmental Protection Agency emissions-reduction edict issuedlast week, they were hit with an appeals court decision upholdingan earlier EPA order on the same subject – nitrogen oxide (NOx)emissions.
GA Regulators Prepare for the Worst
Preparing for the potential inability of Peachtree Natural Gasto reliably supply gas, the Georgia Public Service Commission(GPSC) decided to issue an RFP yesterday for any marketer who wouldwant to be an interim pooler and accumulate some or all ofPeachtree’s 177,000 customers. The RFP is scheduled to concludetoday.
Energy.com Putting RFP System on the Web
Energy.com Corp. of Columbus, OH, is preparing to launch eBID,an on-line Request for Proposal (RFP) system through its web siteat www.energy.com. The web-based interactive RFP process will allowcommercial and industrial businesses to shop for the best energysource on-line. Energy.com’s eBID is scheduled to launch later thismonth.
Preparing for New Global Warming Restrictions
Touting the strong position of natural gas in any newinitiatives to reduce global warming, former Sen. J. BennettJohnston urged support for an early action program to give creditfor companies taking early steps to reduce greenhouse gasemissions.
ANR Exec Warns Against Overbuilding Pipelines
In preparing to meet an anticipated 30-32 Tcf market in the next10-12 years, the gas industry should build only the amount ofpipeline capacity that’s needed when it’s needed – no more, noless, said an executive with ANR Pipeline.