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Push

Screen, Western Power Demand Push Prices Higher

The early May aftermarket is shaping up as typical of itspredecessors in the new millennium: showing remarkable strengthdespite a general lack of fundamental support. Only in the West,where a combination of hot weather and nuclear outages sent powerprices spiking, did sources see anything besides a sharp rise onthe futures screen to account for Monday’s cash upticks.

May 2, 2000

Nevada Signs Marketers Despite Court Challenges

Nevada government officials are continuing to push ahead withlicensing of nonutility electricity service providers and otheraspects of restructuring the state’s power industry, despitefederal and state court challenges by the two incumbent utilitiesthat promise to delay implementation of a more competitiveelectricity market by up to 18 months.

April 27, 2000

Massive Merchant Power Push Will Test Gas Infrastructure

If current bullish projections for adding another 5 Tcf of gasdemand nationally over the next 10 years is going to become areality, the pace of merchant power plant development will have toaccelerate and the gas business will have to catch up with it,according to a panel of experts at GasMart/Power 2000 in Denverlast week.

April 17, 2000

Massive Merchant Power Push Will Test Gas Infrastructure

If current bullish projections for adding another 6 Tcf of gasdemand nationally over the next 10 years is going to become areality, the pace of merchant power plant development will have toaccelerate and the gas business will have to catch up with it,according to a Duke Energy executive speaking at GasMart/Power 2000yesterday in Denver. Brad Porlier, vice president for businessdevelopment at Duke Energy North America, said he’s unsure that thecurrent gas industry can meet the challenge, assuming merchantdevelopment can overcome a growing list of hurdles from siting topolitical issues.

April 12, 2000

WP&L Inks Contract Extensions with ANR

Continuing to push its advantage as the main gas supplier inWisconsin, Coastal’s ANR Pipeline Co. announced last week thatAlliant Energy’s Wisconsin Power & Light Co. (WP&L) hasagreed to extend its transportation and storage service agreementsfrom 2000 and 2003 to 2003 and 2010, respectively. The PublicService Commission of Wisconsin (PSC-W) has approved theagreements. Financial terms were not disclosed.

April 10, 2000

Merchant Power Transmission Co.’s Gain Steam

Last week’s announcement by Montana Power that it is getting outof the energy utility business may be the start of a new push toseparate electric transmission and distribution, with an increasein merchant transmission proposals, spurred by both shareholdersand regulators of the utilities, according to one of the nation’sfirst merchant power transmission companies. U.S. electrictransmission systems collectively represent a $70 to $90 billionset of assets.

April 10, 2000

WP&L Inks Contract Extensions with ANR

Continuing to push its advantage as the main gas supplier inWisconsin, Coastal’s ANR Pipeline Co. announced yesterday thatAlliant Energy’s Wisconsin Power & Light Co. (WP&L) hasagreed to extend to 2003 and 2010, respectively, its transportationand storage service agreements, which are due to expire in 2000 and2003. The Public Service Commission of Wisconsin (PSC-W) hasapproved the agreements. Financial terms were not disclosed.

April 6, 2000

Strong Futures, Storage Plays Push Cash Higher

The March swing market continued to roar in like a lionWednesday, and it appeared that many traders are betting it won’tturn into a lamb between now and the end of the month.

March 2, 2000

Market Drives Federal Push for Energy Use Reductions

Energy restructuring and other market forces have become driversfor the federal government’s almost decade-old effort to greatlyreduce Uncle Sam’s overall $4 billion utility bill, the director ofthe Federal Energy Management Program (FEMP) told an industryaudience gathered last week in a Los Angeles suburb. As a result,the feds this year should meet their goal set in 1993 to reduceoverall federal facility energy use by 20%, said FEMP Director BethShearer.

February 28, 2000

Futures Push Higher as Traders Play it Safe

After trading within a wide, 20-cent trading range Friday,natural gas futures were noticeably quiet yesterday as little inthe way of either fundamental or technical information was seen topropel prices in either direction.

January 25, 2000