Any examination of Maine’s electric utilities joining a regional transmission organization (RTO) that would include northern Maine and parts of Canada shouldn’t work from the assumption that such an RTO, in and of itself, will automatically yield a range of benefits for the state’s electricity consumers, a number of industry stakeholders recently told the Maine Public Utilities Commission (PUC).
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FERC OKs Reliant Energy Compression Expansion
FERC has given the green light to Reliant Energy Gas Transmission to proceed with a 108,000 Dth/d compression expansion of Line J of its system to serve a new natural gas-fired power generation facility that is being built in Arkansas.
Senate Panel Plans to Process GOP, Dem FERC Nominees as Pair
The Senate Energy and Natural Resources Committee does not plan to proceed with the Republican nominee for FERC, Joseph T. Kelliher, until the White House taps a Democratic appointee, namely former New Mexico regulator Suedeen Kelly, for the agency, said a spokesman for the committee.
Conoco’s Magnolia Field to Deliver 150 MMcf/d
Conoco Inc. said last week it plans to proceed with the $600 million development of the Magnolia Field in the deepwater Gulf of Mexico. The field in Garden Banks blocks 783 and 784, about 180 miles south of Cameron, LA, is expected to begin oil and gas deliveries in the fourth quarter of 2004.
Citibank, Others Eye Enron’s Auction Scheduled Jan. 7
Enron Corp. got the go-ahead Wednesday from the U.S. federal bankruptcy judge handling its case to proceed with an auction of its commodities trading operations, setting a Jan. 7 deadline for bids. Enron said it wanted to complete the sale by Jan. 11. Judge Arthur Gonzalez approved expedited procedures to allow Enron to auction hardware, software, employment contracts for traders and other assets.
Enron Trading Operations to be Auctioned Jan. 7
Enron Corp. got the go-ahead Wednesday from the U.S. federal bankruptcy judge handling its case to proceed with an auction of its commodities trading operations, setting a Jan. 7 deadline for bids. Enron said it wanted to complete the sale by Jan. 11. Judge Arthur Gonzalez approved expedited procedures to allow Enron to auction hardware, software, employment contracts for traders and other assets.
Conoco’s Magnolia Field to Deliver 150 MMcf/d
Conoco Inc. said Monday it plans to proceed with the $600 million development of the Magnolia Field in the deepwater Gulf of Mexico. The field in Garden Banks blocks 783 and 784, about 180 miles south of Cameron, LA, is expected to begin oil and gas deliveries in the fourth quarter of 2004.
Senate GOP Maps Out Energy Bill Strategy
Senate Republicans pulled out all the stops last week to get the Democratic leadership to move on energy legislation before the end of the session, and even vowed to tack on an energy bill to other legislation such as the economic-stimulus measure pending in the upper chamber.
FERC Yanks Certificate to Build Phase III of MarketLink
FERC last week yanked Transcontinental Gas Pipe Line’s certificate authority to proceed with the construction of Phase III of its MarketLink expansion in Pennsylvania and New Jersey due to the failure of the pipeline to subscribe the entire 404,000 Dth/d of capacity in the final phase by the April 13 deadline.
FERC Yanks Certificate to Build Phase III of MarketLink
FERC last week yanked Transcontinental Gas Pipe Line’s certificate authority to proceed with the construction of Phase III of its MarketLink expansion in Pennsylvania and New Jersey due to the failure of the pipeline to subscribe the entire 404,000 Dth/d of capacity in the final phase by the April 13 deadline.