With its commodities unit quadrupling its quarterly results, San Diego, CA-based Sempra Energy reported increased third quarter results compared to the same quarter last year after excluding numerous one-time items, such as a $189 million after-tax boost for outstanding litigation reserves.
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EEI Pegs Cost for Building New Transmission at $56 Billion
Maintaining transmission adequacy at year 2000 levels would require a quadrupling of transmission investments during this decade, but the price tag for building these new facilities — including the cost of replacing retired capacity — is about $56 billion, according to a recent study done for the Edison Electric Institute (EEI). This transmission investment cost is roughly half of the investment likely to be made in new generating units during the same time.
July 16, 2001
EEI Pegs Cost of New Transmission at $56 Billion
Maintaining transmission adequacy at year 2000 levels would require a quadrupling of transmission investments during this decade, but the price tag for building these new facilities — including the cost of replacing retired capacity — is about $56 billion, according to a recent study commissioned by the Edison Electric Institute (EEI). This transmission investment cost is roughly half of the investment likely to be made in new generating units during the same time.
July 16, 2001
Bay Gas to Quadruple Gas Storage for Southern Affiliates
EnergySouth’s Bay Gas Storage Co. Ltd. inked a 15-year naturalgas storage contract with Southern Company Services Inc. last week,quadrupling the amount of natural gas storage it already providesits parent Southern Co., and giving Southern’s six utilitiessalt-dome storage capacity of up to 3.2 million MMbtu of naturalgas.
August 7, 2000
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