Prequalification credit-worthiness requirements for prospective replacement shippers in capacity release programs are “unworkable for many capacity release transactions, particularly short-term releases,” Reliant Energy Services said in rebutting a call by KeySpan Delivery Cos. for prequalification, including the posting of collateral by non-creditworthy shippers.
Tag / Prospective
SubscribeProspective
Articles from Prospective
FERC OKs Iroquois Project Delays
Iroquois Gas Transmission is the latest pipeline to ask FERC to delay its certificated expansion projects by more than a year because prospective shippers — mostly power companies — have decided to either terminate or defer their service requirements.
FERC Nominee’s Name Pops Up in DOE Task Force Papers
The name of prospective FERC nominee, Joseph T Kelliher, surfaced several times in the energy task force documents that the Department of Energy (DOE) was forced to release last week under court order, which could further spoil his chances of being appointed to the Commission.
NJBPU Staff Urge GPU-FirstEnergy Merger Rejection
Staff at the New Jersey Board of Public Utilities (NJBPU) has urged state regulators to reject the pending merger between FirstEnergy Corp. and GPU Inc. on the grounds that the two companies have failed to back up claims that the merger will not harm ratepayers in the Garden State, among other things.
PSEG Reportedly in Merger Talks with Cinergy
Utility convergence continues, with talks under way for aprospective new utility merger between New Jersey’s Public ServiceEnterprise Group and Ohio’s Cinergy Corp., according to Wall Streetreports.
Independence Fills Gap; Faces FERC
A funny thing happened on the way to the FERC: prospectiveshipper Duke Energy defected, but Dynegy quickly filled in the gapas the proposed new long-haul Independence and Supplylink pipelineprojects re-formed their ranks and marched toward this week’s openmeeting.
Independence Fills Gap, Faces FERC
A funny thing happened on the way to the FERC last week: prospective Independence and SupplyLink shipper Duke Energy defected, but Dynegy quickly filled in the gap as the proposed new long-haul projects re-formed their ranks and marched toward this week’s open meeting.
SoCal Agrees to Pay Penalty in Storage Sale
In the aftermath of an extremely critical consultant’s report onits handling of a prospective asset sale, Southern California Gashas reached a settlement with one part of the state regulatorycommission and is separately trying to reopen the possible sale ofits smallest Los Angeles Basin underground natural gas storagefacility in an eastern Los Angeles suburb. An administrative lawjudge (ALJ) with the California Public Utilities Commission isconsidering whether to recommend the deal to the full five-memberCPUC.