There will be no quick remedy for restarting one of the units at idled San Onofre Nuclear Generating Station (SONGS) in Southern California following a recent decision by the Nuclear Regulatory Commission’s (NRC) Atomic Safety and Licensing Board (ASLB) that a public hearing will be required on a request from SONGS’s operator Southern California Edison Co. (SCE) to partially restart Unit 2. This follows utility warnings that without a restart this year of the one unit, a decision may have to be made by the end of this year on whether SONGS will be retired (see Daily GPI, May 2). There is now a 25-day period for appeal of the board’s decision. As the largest baseload source of electric generation in Southern California with 2,200 MW, the loss of SONGS would require other types of generation, including more natural gas-fired capacity and various efficiency programs, particularly in the summer (see Daily GPI, March 26; Feb. 28). SCE, which is the majority owner/operator of SONGS, had been hoping to obtain swift approval to restart at 70% capacity Unit 2. Sempra Energy’s San Diego Gas and Electric Co. owns 20% of SONGS and a Riverside, CA, municipal utility holds about 3%.
Remedy
Articles from Remedy
CFTC’s Brown-Hruska Warns Against ‘Prescriptive’ Responses to Energy Manipulation
Overly prescriptive regulatory or legislative action that is meant to remedy manipulative behavior in the energy sector could in the end “chill or kill” the market, warned Commissioner Sharon Brown-Hruska of the Commodity Future Trading Commission (CFTC) last Thursday.
CFTC’s Brown-Hruska Warns Against ‘Prescriptive’ Responses to Energy Manipulation
Overly prescriptive regulatory or legislative action that is meant to remedy manipulative behavior in the energy sector could in the end “chill or kill” the market, warned Commissioner Sharon Brown-Hruska of the Commodity Futures Trading Commission (CFTC) Thursday.
House Task Force May Review OCS Moratoria as Gas Supply Remedy
A House of Representatives task force, set up on an emergency basis to explore possible actions to shore up failing supplies of natural gas, may consider elimination of the congressional moratoria on oil and gas drilling on the federal Outer Continental Shelf (OCS) as one of the possible remedies, a Capitol Hill spokeswoman said.
S&P: Hedging Techniques Could Ease Energy Merchant Turmoil
To remedy the financial turmoil that exists for U.S. energy merchants still operating, an analyst with Standard & Poor’s Ratings Services (S&P) suggested Thursday that they should consider relying more on “trading around their assets” by hedging and other risk-management activities.
S&P: Hedging Techniques Could Ease Energy Merchant Turmoil
To remedy the financial turmoil that exists for U.S. energy merchants still operating, an analyst with Standard & Poor’s Ratings Services (S&P) suggested Thursday that they should consider relying more on “trading around their assets” by hedging and other risk-management activities.
Greenspan, Chemical Group Urge Congress to Remedy Conflicting Gas Policies
The nation’s chief economic guru Alan Greenspan signaled a growing alarm over high natural gas prices and tight supplies during an appearance before a joint congressional panel last Wednesday.
Greenspan, Chemical Group Urge Congress to Remedy Conflicting Gas Policies
The nation’s chief economic guru, Alan Greenspan, signaled a growing alarm over high natural gas prices and tight supplies during an appearance before a joint congressional panel Wednesday.
Virginia SCC Approves WGL’s Bill Remedy Program
The Virginia State Corporation Commission (SCC) has approved a plan to correct natural gas customer billing errors that caused approximately 25,800 Washington Gas Light (WGL) customers to be overbilled or underbilled. The errors occurred over the past 10 years.
Virginia SCC Approves WGL’s Bill Remedy Program
The Virginia State Corporation Commission (SCC) approved a plan last week to correct natural gas customer billing errors that caused approximately 25,800 Washington Gas Light (WGL) customers to be overbilled or underbilled. The errors occurred over the past 10 years.
