Gas suppliers and buyers got what they wanted north of the U.S. border and a truly competitive market in delivery services is at hand, TransCanada PipeLines Ltd. told the National Energy Board. TransCanada predicts that within five years, two-thirds of its long-distance capacity for 7.5 Bcf/d will be sold the same way as most of the gas in its lines, on short contracts. “The traditional regulatory compact,” which kept the system reliably full on long service contracts, “has been dismantled” by allowing rivals to build new capacity.
Suppliers
Articles from Suppliers
EEI Sees Need For Utility Risk Management Tools
Power suppliers need flexibility in securing supply arrangements and should be allowed to use risk management tools, including long-term contracts, other hedging tools and, if need be, ownership of generation, against the backdrop of state-level efforts to craft and successfully implement retail electricity restructuring plans, said the Edison Electric Insititute (EEI) in recent comments filed with the Federal Trade Commission.
Barton Emergency Bill May Seek Price Probe
All power suppliers in the West could become the target of a formal FERC investigation into their wholesale rates under a draft emergency bill that is being considered by Chairman Joe Barton (R-TX) and members of the House Energy and Air Quality Subcommittee.
Barton Emergency Bill May Seek Price Probe
All power suppliers in the West could become the target of a formal FERC investigation into their wholesale rates under a draft emergency bill that is being considered by Chairman Joe Barton (R-TX) and members of the House Energy and Air Quality Subcommittee.
EEI Sees Need for Utility Risk Management Tools
Power suppliers need flexibility in securing supply arrangements and should be allowed to use risk management tools, including long-term contracts, other hedging tools and, if need be, ownership of generation, against the backdrop of state-level efforts to craft and succesfully implement retail electricity restructuring plans, said the Edison Electric Insititute (EEI) in recent comments filed with the Federal Trade Commission.
FERC Takes Action to Aid CA, Western Energy Markets
FERC yesterday announced a series of actions aimed at boostingenergy supply, reducing demand and eliminating the deliveryconstraints that continue to plague the wholesale electricity andnatural gas markets in California and other western states.
El Paso Capacity Split Among 30 Suppliers
Affiliates of El Paso Merchant Energy, Enron, Duke Energy andPacific Gas & Electric picked up the largest shares of the 1.2Bcf/d of available space on El Paso Natural Gas lines to SouthernCalifornia points in the latest capacity auction.
Utility.com Prepares for NJ Customers Sept. 1
Utility.com is gearing up for Sept. 1, when New Jersey consumers will be allowed to select their electricity suppliers through the Internet. The New Jersey Board of Public Utilities (BPU) earlier granted Utility.com an Electric Power Supplier License to sell into the New Jersey market of 3.5 million electricity customers, and the company will use an Internet Enrollment Program.
Centrica Leaps into North American Retail Energy
One of the United Kingdom’s leading natural gas suppliers took ahuge step across the Big Pond last week, agreeing to purchase oneof Canada’s largest gas marketers. Centrica Plc will pay $612million in cash and assumed debt for Calgary’s Direct EnergyMarketing Ltd. and its associated marketer, Natural GasWholesalers.
UK’s Centrica Purchases Direct Energy for $612 Million
One of the United Kingdom’s leading natural gas suppliers took ahuge step across the Big Pond yesterday, agreeing to purchase oneof Canada’s largest gas marketers. Centrica Plc will pay $612million in cash and assumed debt for Calgary’s Direct EnergyMarketing Ltd. and its associated marketer, Natural GasWholesalers.