Brian Watt, CEO of Columbia Energy Services (CES), predicted ashakeout of retail energy providers over the next five years on thescale of what happened in the telecommunications industry, wheremarket participants dwindled from 400 to less than 10.
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Destin Customer Asks for Limited Waiver of Suspension
Southern Company Services Inc. last week asked FERC to grant a”limited waiver” of Destin Pipeline Co. L.L.C.’s suspension of itsblanket-certificate authority so it can complete a delivery pointto supply gas to a generation plant being developed in Mississippi.
Destin Customer Seeks Limited Waiver
Southern Company Services Inc. last week asked FERC to grant a”limited waiver” of Destin Pipeline Co. L.L.C.’s suspension of itsblanket certificate authority so it can complete a delivery pointto supply gas to a generation plant being developed in Mississippi.
CMS-MST Signs Up for More LNG in 2000
Marking CMS Energy’s continued emphasis on the liquefied naturalgas (LNG) market, CMS Marketing, Services and Trading (CMS-MST)announced agreements to buy six LNG cargoes for delivery to the CMSTrunkline LNG facility in Lake Charles, LA, last week. Terms of thetransactions were not disclosed.
Trading System Dodges FERC Oversight
E-commerce services provider Automated Power Exchange Inc. (APX)said its new electronic power trading platform does not fall underthe FERC’s jurisdiction because it uses no price-settingmechanisms. The company challenged FERC over its jurisdiction ofelectronic power trading and said the recent denial of its courtpetition will have little impact on the Santa Clara, CA-basedcompany.
Trading System Dodges FERC Oversight
E-commerce services provider Automated Power Exchange Inc. (APX)said its new electronic power trading platform does not fall underthe FERC’s jurisdiction because it uses no price-settingmechanisms. The company challenged the FERC over its jurisdictionof power trading and said the recent denial of its petition willhave little impact on the Santa Clara, CA-based company.
PG&E Gas Group Set to Move to Bethesda, MD
PG&E’s organizational shuffling is not over yet. A weekafter announcing plans to sell its entire energy services divisionand a month after selling its unprofitable Texas gas transmissionassets to El Paso, PG&E Corp. has told all of its Houston-basedgas traders to pack their bags and prepare for a move to Bethesda,MD.
PG&E Gas Group Set to Move to Bethesda, MD
PG&E’s organizational shuffling is not over yet. A weekafter announcing plans to sell its entire energy services divisionand a month after selling its unprofitable Texas gas transmissionassets to El Paso, PG&E Corp. has told all of its Houston-basedgas traders to pack their bags and prepare for a move to Bethesda,MD.
Duke to Pay GE $4B for Generation Equipment
In announcing a $4 billion deal with Duke Energy North Americato provide power generation supplies and related services, GE PowerSystems said it has entered into one of the largest commitments ofits type in U.S. history.
Reliant Energy: A Case of Sour Grapes or Genuine Issues?
Reliant Energy Gas Transmission, whose proposal to supplytransportation services to a mega gas-fired generation project wasspurned, is now rapping that very same power project, insistingthat there’s not enough demand to justify the project or thepipeline option that was selected to supply it with natural gas.