As the Colorado Public Utilities Commission (PUC) considers whether to overhaul or eliminate its integrated resource planning (IRP) requirements for electric utilities in the state, the state commission is being urged to create a process that does not limit the resource options of utilities, while also allowing the PUC to continue its support of demand-side programs, among other things.
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Long-Term Price Mitigation Proposed
In an effort to halt the exercise of significant market power inthe California bulk power markets, FERC staff has proposed that thestate-run Independent Operator System (Cal-ISO) be permitted tomitigate prices on power transactions in its real-time marketsduring periods of reserve deficiencies, such as Stage 3emergencies.
Long-Term Price Mitigation Proposed
In an effort to halt the exercise of significant market power inthe California bulk power markets, FERC staff has proposed that thestate-run Independent Operator System (Cal-ISO) be permitted tomitigate prices on power transactions in its real-time marketsduring periods of reserve deficiencies, such as Stage 3emergencies.
TECO Picks Up 500 MW Texas Plant
To meet its divestiture requirements and pay down some debt,American Electric Power Co. said it will sell a 500 MW naturalgas-fired plant in Texas to TECO Power Services for $265 million incash. Columbus, OH-based AEP was required by the Federal EnergyRegulatory Commission to sell the Frontera facility, located nearthe Texas-Mexican border, to complete its Central and South WestCorp. merger.
Dominion, CNG Told to Extend Order 497 Scope
FERC sent Dominion Resources and its merged partner,Consolidated Natural Gas (CNG), back to the drawing board last weekto expand the scope of the pipeline marketing-affiliate rule toapply to all energy affiliates within their corporate family. Thisaction is in keeping with the Commission’s crackdown on abusesbetween pipelines and affiliates.
Tennessee’s Eastern Express Project Wins Certificate
FERC last week awarded Tennessee Gas Pipeline a certificate forits Eastern Express Project 2000 after it had satisfied all of therequirements of the new policy statement on gas pipelineconstruction.
Tennessee’s Eastern Express Project Wins Certificate
FERC yesterday awarded Tennessee Gas Pipeline a certificate forits Eastern Express Project 2000 after it had satisfied all of therequirements of the new policy statement on gas pipelineconstruction.
Transwestern Says Project Satisfies New Policy
Transwestern Pipeline Co. said its proposed Gallup expansionsatisfies all the requirements of the new policy statement forcertificating pipeline projects and as a result should be”expeditiously” approved by FERC.
Industry Brief
UtiliCorp Energy Management (UEM) has been awarded a three-yearcontract to manage the energy requirements of Ash Grove Cement, anOverland Park, Kan.-based company operating facilities in ninewestern states. Financial terms of the agreement were notdisclosed. UEM will manage the cement company’s energy procurement,supply management, contract negotiations, and reporting and billingservices, as well as identify and implement energy cost reductionstrategies. UEM said the deal was important because it improves thegeographic presence of the company. Ash Grove Cement annually usesmore than 6.5 Bcf and 600,000 MWh at its facilities.