Respond

FERC last Wednesday clarified how transmission providers should respond when a transmission system’s ability to support interconnections without upgrades can only accommodate a generator or generators that hold the highest position in an interconnection queue.

CMS Energy Corp. and Southern Union Co. intend to respond as quickly as possible to a request from the Federal Trade Commission (FTC) regarding Southern Union’s pending acquisition of CMS’s Panhandle Eastern Pipe Line Co., according to a Form 8-K filed Thursday with the Securities and Exchange Commission.

PG&E Corp. refused last week to respond to news reports that it is trying to sell its National Energy Group (NEG), its merchant energy business headquartered in Bethesda, MD, but it said asset sales were one of three options being considered to improve the group’s liquidity. NEG told the Securities and Exchange Commission (SEC) of its options in a filing on Aug. 23.

El Paso Corp. has completed the removal of the ratings triggers on its $1 billion Clydesdale minority interest financing, which concludes a plan announced in December to remove ratings triggers on $4 billion of securities in order to strengthen its balance sheet.

El Paso Corp. has completed the removal of the ratings triggers on its $1 billion Clydesdale minority interest financing, which concludes a plan announced in December to remove ratings triggers on $4 billion of securities in order to strengthen its balance sheet.

President Bush last week put the Federal Trade Commission (FTC) on notice that it should deal swiftly with complaints from the public involving illegal overcharges on energy, and instructed FERC to closely monitor electricity suppliers to ensure they are charging “fair and reasonable” prices.

President Bush yesterday put the Federal Trade Commission (FTC) on notice that it should deal swiftly with complaints from the public involving illegal overcharges on energy, and instructed FERC to closely monitor electricity suppliers to ensure they are charging “fair and reasonable” prices.

In a rebuff to the Senate Republicans’ omnibus energy bill, theranking Democrat on the Senate Energy and Natural ResourcesCommittee plans to introduce his own comprehensive energylegislation this week, according to a spokeswoman.

In a rebuff to the Senate Republicans’ energy package, theranking Democrat on the Senate Energy and Natural ResourcesCommittee plans to introduce his own comprehensive energylegislation either later this week or early next week, according toa spokeswoman.