Gov. Bill Owens signed SB99-153 last week, opening the door forvoluntary unbundling by Colorado’s gas utilities. The bill had beenpassed by the state’s House of Representatives then presented tothe Governor May 17.
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Articles from Signed
Dominion Resources to Buy 10 Turbines
Dominion Resources announced Friday it has signed an agreementwith General Electric Co. for an option to purchase 10 naturalgas-fired electric generation turbines for an undisclosed sum.
Bonneville Tests Home Fuel Cells
The Bonneville Power Administration (BPA) has signed up to begintesting 3 KW home fuel cell units which it expects will sweep themarket much like the home computer in just a few years.
Dynegy Shifts Capacity Holdings on El Paso
Adding to the lengthy and often heated controversy surrounding its contractual relationship with El Paso Natural Gas, Dynegy has signed a fourth contract with El Paso covering 196 MMcf/d of alternate firm backhaul capacity on the southwestern pipeline.
Five Southern Co. Utilities To Use Petal Storage
Petal Gas Storage, a subsidiary of Crystal Oil, announced itsigned a major 20-year gas storage agreement with Southern Co. lastweek for firm deliverability from its Mississippi salt cavernstorage facility of 700,000 MMBtu/d of gas and storage injectioncapacity for 350,000 MMBtu/d. Southern Company Services will managethe capacity and will act as an agent for its affiliated operatingelectric utility companies: Mississippi Power, Alabama Power,Georgia Power, Gulf Power and Savannah Electric.
Reliant, Old Dominion Co-op Form Alliance
Old Dominion Electric Cooperative and Reliant Energy signed afive-year business alliance to evaluate the development of up to2,400 MW of new power generation, while partnering on retailmarketing operations in the Mid-Atlantic states.
Five Southern Co. Utilities to Use Petal Storage
Petal Gas Storage, a subsidiary of Crystal Oil, announced itsigned a major 20-year gas storage agreement with Southern Co.yesterday for firm deliverability from its Mississippi salt cavernstorage facility of 700,000 MMBtu/d of gas and storage injectioncapacity for 350,000 MMBtu/d. Southern Company Services will managethe capacity and will act as an agent for its affiliated operatingelectric utility companies: Mississippi Power, Alabama Power,Georgia Power, Gulf Power and Savannah Electric.
FPL Plans Power Plant in MA
FPL Energy Inc., a subsidiary of FPL Group Inc. plans to build,own and operate a 700 MW gas-fired power plant in Bellingham, MA.FPL Energy signed a purchase agreement with Massachusetts-basedInfrastructure Development Co. (IDC) for the right to build theplant. IDC planned the project, has been working with localcommunities and the state to obtain regulatory approvals and willcontinue to assist FPL Energy with development. Information on theplant’s projected gas consumption was unavailable.
Ex-Canadian Embassy Aide Named in NGSA Fraud Lawsuit
Superior Court Judge Jose Lopez has signed off on a “letterrogatory” that sets in motion the process for attorneys for theNatural Gas Supply Association (NGSA) to depose the former CanadianEmbassy aide who has been accused along with the group’s formerpresident, Nicholas Bush, of defrauding the association of millionsof dollars.
UtiliCorp in $800 Million Merger
UtiliCorp United and Empire District Electric Co. have announcedthey have signed a definitive agreement to merge the twoMissouri-based companies in a stock and cash transaction valued at$800 million, including the assumption of debt.