Recommended

An Illinois Commerce Commission (ICC) judge has recommended that Austin, TX-based Santanna Energy Services be barred from selling natural gas to residential customers in Illinois and ordered to pay refunds for overcharges. The full Commission, which has the option to either accept or reject the judge’s proposed action, is expected to take up the matter either later this month or in early November.

Without real independence that is not possible with a single-state ISO, none of the recommended fixes will work for California’s beleaguered nonprofit electric transmission grid operator, Cal-ISO, according to a third-party audit ordered by the Federal Energy Regulatory Commission released on Friday.

California regulators will hold public hearings Tuesday and Wednesday in the mountains and high desert region about 100 miles northeast of Los Angeles as part of an investigation into the skyrocketing natural gas prices last winter charged by Las Vegas, NV-based Southwest Gas Corp.

A panel set up by Alaska Gov. Tony Knowles has recommended that the state not be among the investors in a major natural gas pipeline project from Alaska’s North Slope to markets in Canada and the Lower 48 states. However, the state’s money probably won’t be needed anyway because Senate Democrats last week introduced legislation on Capitol Hill that would provide a $10 billion loan guarantee to the company that submits an application before November 2002 to build the Alaska gas pipeline (see related story).

A panel set up by Alaska Gov. Tony Knowles has recommended that the state not be among the investors in a major natural gas pipeline project from Alaska’s North Slope to markets in Canada and the Lower 48 states. However, the panel’s final report to the governor highlights the multiple benefits of the pipeline project and provides 61 recommendations on how the project should proceed.

IPE Holdings, operator of the London-based International Petroleum Exchange (IPE), kicked off last week by announcing that it has agreed to a recommended all-share takeover offer by U.S.-based IntercontinentalExchange (ICE), an electronic trading platform for energy and metals commodities.

IPE Holdings, operator of the London-based International Petroleum Exchange (IPE), announced Monday that it has agreed to a recommended all-share takeover offer by U.S.-based IntercontinentalExchange (ICE), an electronic trading platform for energy and metals commodities.

A month has gone by since a special commission formed by Florida Gov. Jeb Bush recommended that the state break up its monopoly utilities and pave the way for competition in the power generation market, but still there has been no word from the legislature. There have been signs that the state senate will move much slower than previously expected on electric restructuring because of growing awareness of what can happen when power planning goes awry.

A month has gone by since a special commission formed by FloridaGov. Jeb Bush recommended that the state break up its monopolyutilities and pave the way for competition in the power generationmarket, but still there has been no word from the legislature.There have been signs that the state senate will move much slowerthan previously expected on electric restructuring because ofgrowing awareness of what can happen when power planning goes awry.