Despite trouble in the retail market in several states thisyear, gas customer choice appears to be making a little progress.The Michigan Public Service Commission has adopted terms andconditions to make gas choice programs for residential andcommercial customers a permanent fixture in the state.
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Be Willing to Change, Lead, Say Utility Execs
Need a reason to embrace the future of the power industry? Howabout 10 reasons? Several U.S. utility executives yesterday offeredtheir upbeat take on the power generation and natural gas outlookfor the next five years, with El Paso Energy, Reliant Energy,Dynegy Inc. and Williams Energy Services executives giving abirds-eye view of what’s ahead during an executive forum atPowerMart 2000 in Houston.
TCPL Offers FT Service Open Season
TransCanada PipeLines Ltd. (TCPL) announced a one-year firmtransportation open season on its Canadian Mainline from Empress toseveral points. Bids will be accepted from until Oct. 12.
FERC Plan Highlights Fast Certificate Process
FERC intends to pursue several strategies over the next fiveyears to facilitate gas pipeline development and “get gas whereit’s needed most,” the Commission said in a draft strategic planfor fiscal years 2000-2005. One of its most important objectives isto “foster a regulatory environment that facilitates theresponsible development of transportation capacity to meetpotential increase in market demand for natural gas to 25 Tcf in2005 and 30 Tcf in 2010,” the draft stated.
FERC Plan Highlights Fast Certificate Process
FERC intends to pursue several strategies over the next fiveyears to facilitate gas pipeline development and “get gas whereit’s needed most,” the Commission said in a draft strategic planfor fiscal years 2000-2005. One of its most important objectives isto “foster a regulatory environment that facilitates theresponsible development of transportation capacity to meetpotential increase in market demand for natural gas to 25 Tcf in2005 and 30 Tcf in 2010,” the draft stated.
NY PSC Moves to Ensure Supply Reliability
The New York Public Service Commission yesterday directednatural gas utilities to take several measures to improve supplyreliability this winter for interruptible customers, and setrequirements for marketers to have firm transmission pipelinecapacity from November through March.
FERC Closes Book on Changes to Order 637
At its final meeting before the August break, FERC last weekcleared its agenda of several major rehearing orders — includingOrder 637-B, which was a rehearing of Order 637-A, which was arehearing of Order 637. This time around the Commission refused tobudge on the majority of the policy calls it made in 637-A thataddressed regulation of the short-term natural gas transportationmarket.
Enogex Releases UT, OK Assets
OGE Energy’s subsidiary Enogex, has completed the sale of several non-core assets in Utah and in Oklahoma. The assets were considered non-core by the company after it completed its acquisition of Transok LLC for $701 million in July 1999 (see NGI, May 24, 1999).
Enogex Releases UT & OK Assets
OGE Energy’s subsidiary Enogex, has completed the sale ofseveral non-core assets in Utah and in Oklahoma. The assets wereconsidered non-core by the company after it acquired Transok LLCfor $701 million in July 1999 (see Daily GPI, July 2, 1999).
Prices Rally Strongly As Weather Influence Grows
Fundamentals began playing a larger role in a rebounding weekendmarket Friday as several sources expressed relief that thepreviously frenetic screen was beginning to calm down.