California’s well documented difficulties related to electric restructuring and a sluggish response from consumers to retail electric competition in key parts of the country have not deterred most U.S. electric utilities from continuing to pursue competitive retail plans. The situation has not kept several states from moving forward with restructuring efforts, according to an industry analysis by Chartwell in its new publication, Competition in the Energy Industry, 2001, which was unveiled last week.
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Publication Says CA Woes Not Slowing Competition
California’s well documented difficulties related to electric restructuring and a sluggish response from consumers to retail electric competition in key parts of the country have not deterred most U.S. electric utilities from continuing to pursue competitive retail plans. Nor has it kept several states from moving forward with restructuring efforts, according to an industry analysis by Chartwell included in its new publication, Competition in the Energy Industry, 2001.
Wyoming DEQ Approves 4 Pennaco Permits
Despite warnings to companies that it was slowing the process togrant water discharge permits for coalbed methane projects, theWyoming Department of Environmental Quality has issued four waterdischarge permits for Pennaco Energy Co.’s House Creek Project. Allwere approved following a 30-day public notice period.
Cash Increases Continue But Are Slowing Down
The cash market kept rising in most cases Tuesday, but exceptfor some Northeast citygates with gains of about a nickel or more,quotes generally ranged from flat to only 2-3 cents higher.
Market Still on Upswing But Slowing Down
The surge that has characterized cash trading activity this weekcontinued Wednesday but at a significantly slower pace, suggestingto some that prices had reached or were nearing peaks. The newupticks left most eastern points in the vicinity of October indexlevels, while markets in the West padded their already considerablestandings above indexes.