The exorbitant increase in installed capacity charges (ICAP) during the first quarter 2001 within the PJM market (Pennsylvania, New Jersey and Maryland) was not cost-based, will not assure the reliable supply of energy from power plants and threatens to destroy the competitive market, The New Power Company (TNPC) said last Wednesday at a press conference in Washington, D.C.
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Articles from Quarter
TNPC Says PJM’s Flawed Market Threatens Competition
The exorbitant increase in installed capacity charges (ICAP) during the first quarter 2001 within the PJM market (Pennsylvania, New Jersey and Maryland) was not cost-based, will not assure the reliable supply of energy from power plants, and threatens to destroy the competitive market, The New Power Company (TNPC) said on Wednesday at a press conference in Washington, D.C.
FPL Group Says Earnings are on Target
FPL Group Inc. last week said that it expects to meet consensus earnings per share estimates of $0.76 for the first quarter of 2001, excluding expenses of about $30 million related to its failed merger attempt with Louisiana-based Entergy Corp. (see NGI, April 9). FPL Group will announce its latest earnings results on April 20.
FPL Group Says Earnings are on Target
FPL Group Inc. yesterday said that it expects to meet consensus earnings per share estimates of $0.76 for the first quarter of 2001, excluding expenses of about $30 million related to its failed merger attempt with Louisiana-based Entergy Corp. (see Daily GPI, April 3). FPL Group will announce its latest earnings results on April 20.
CA Power Saga: New Chapters, But No Ending
California’s ever-changing electricity saga ended the firstquarter of 2001 as it started the year – a work in progress. Itsscope widened again last week with regulators, legislators and thecourts working overtime to keep up. Supplies remained tight withthree Stage Two power alerts called during the week.
Top Gas Gorillas Show Phenomenal Volume Growth
Top North American Gas Marketers : Ranking by 2000 Sales VolumeRanking by Fourth Quarter 2000 Sales Volume
Top Gas Gorillas Show Strong Volume Growth
Top North American Gas Marketers : Ranking by 2000 Sales VolumeRanking by Fourth Quarter 2000 Sales Volume
EIA Extols Unconventional Gas Role in Market
Unconventional gas resources — coalbed methane, tight gassands and gas shale — could contribute as much as one quarter ormore to the 30 Tcf demand market that the natural gas industryexpects to materialize over the next two decades, according to anew paper released last week by the Energy InformationAdministration (EIA).
EIA Extols Unconventional Gas Role in Market
Unconventional gas resources — coalbed methane, tight gassands and gas shale — could contribute as much as one quarter ormore to the 30 Tcf demand market that the natural gas industryexpects to materialize over the next two decades, according to anew paper released by the Energy Information Administration (EIA).
Anadarko Plans Spending Spree on Gas Prospects
Strong second-quarter earnings and cash flow and expectationsthat gas prices will remain high for some time prompted AnadarkoPetroleum to raise its 2000 spending program by 34% to $1.5billion.