Following up on earlier requests for federal help, California’slargest electric utilities and their usual adversary, The UtilityReform Network (TURN), a utility watchdog group, jointly filed withthe Federal Energy Regulatory Commission Monday for a $100across-the-board cap on all wholesale electricity prices and forlonger term fixes, including a declaration that the state’selectricity market is unworkable under its current framework.
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CA Utilities Seek $5 Billion from Consumers
Consumers and utilities continued to butt heads in CaliforniaTuesday over how to deal with almost $5 billion in uncollectedrevenues by the state’s three major investor-owned electricutilities in the wake of this summer’s wholesale electricity pricespikes.
Cut in NE Power Clearing Price Panned
Power sellers have urged FERC to reject two complaints that seekto void a $6,000/MWh bid for imported electricity that was used toset the market clearing price in the New England Independent SystemOperator for five hours last May 8.
NE Retroactive Price Cuts Panned
Power sellers have urged FERC to reject two complaints that seekto void a $6,000/MWh bid for imported electricity that was used toset the market clearing price in the New England Independent SystemOperator for five hours last May 8.
Critics Already Seek Rehearing of Independence
With the ink barely dry on the final FERC order, state Rep.Frank LaGrotta of Pennsylvania yesterday sought review of theCommission’s decision awarding a certificate to the hotly contestedIndependence Pipeline that would run through his state. Thelawmaker said the Commission should have denied the Midwest-to-EastCoast pipeline project a certificate because the precedentagreements it filed as a show of market support contained “outclauses” for shippers.
NJ to Seek Court Review of Transco Ruling
New Jersey’s Attorney General (AG) Office said yesterday it willfile by “no later than” Friday a petition seeking court review ofFERC’s decision awarding a certificate to Transcontinental GasPipeLine to proceed with the construction of a hotly-disputedpipeline expansion through the northern part of the state.
PG&E AZ Power Plant Passes Test
PG&E Corp. is the latest energy giant to seek a toehold inthe fast-growing Arizona merchant power plant market, gaining aninitial state approval last week, but facing up to a half-dozencounty, state and federal environmental reviews for a proposed $500million, 1,040 MW natural gas-fired plant near Phoenix.
PG&E Power Plant Plans Pass One Test, Face Many Others in AZ
PG&E Corp. is the latest energy giant to seek a toehold inthe fast-growing Arizona merchant power plant market, gaining aninitial state approval last week, but facing up to a half-dozencounty, state and federal environmental reviews for a proposed $500million, 1,040 MW natural gas-fired plant near Phoenix.
Industrials, Producers Seek Order 637 Court Review
Producers and industrial gas customers have filed petitions forreview of FERC’s latest revisions to the natural gas market, Orders637 and 637-A, in the U.S. Court of Appeals for the District ofColumbia (Case No. 00-1217). (See Daily GPI, Feb. 10 & May18)
Industrials, Producers Seek Order 637 Court Review
Producers and industrial gas customers have filed petitions forreview of FERC’s latest revisions to the natural gas market, Orders637 and 637-A, in the U.S. Court of Appeals for the District ofColumbia (Case No. 00-1217) (see NGI, Feb. 14 and May 22)