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Yet another example of gas-power convergence shows up in NGI’sranking of the top gas and power marketers based on third quartervolumes. Three of the top five marketers of each commodity and sixof the top 10 appear on both lists.

Yet another example of gas-power convergence shows up in NGI’sranking of the top gas and power marketers based on third quartervolumes. Three of the top five marketers of each commodity and sixof the top 10 appear on both lists.

Of the 36,600 MW of new electric generating capacity underconstruction or planned in the U.S., more than 93% will be fueledby natural gas, according to a new analysis by Boulder, CO-basedResource Data International (RDI). And of the projects identified,about 90% do not yet have gas supply contracts.

Retail gas competition is starting to pick up speed inCalifornia despite continued consumer apathy, according to a surveyof the state’s three gas distribution utilities released last week.

The promise of retail energy marketing, but probably not thecurrent results, seems to be providing enough support to the gasand power marketing community that few have decided to exit thebusiness, according to the results of Benjamin Schlesinger andAssociates’ 12th edition of its Directory of Energy MarketingService Companies.

An analysis of power marketing sales shows early signs ofconsolidation among power marketers, according to CarolynPengidore, managing director of energy risk management for ArthurAndersen. “I think we’re seeing wholesale changes in the wholesalemarket,” she told the Gas Mart/Power ’98 audience. “The fourthquarter brought a reshuffling among industry leaders based on salesvolume. I’ve called this a race because the leaders have changed ina single quarter,” said Pengidore.