In the wake of this summer’s massive blackout that swept across parts of eastern Canada, the Midwest and the Northeast, backers of a Lake Erie power cable project are urging stakeholders to take a closer look at the project’s potential upsides, both in terms of enhancing energy trading as well as boosting the reliability of the electricity grid.
Swept
Articles from Swept
Blackouts Stun Cities Across Northeast, Midwest and Canada
Blackouts swept across the Northeast, Great Lakes and eastern Canada Thursday afternoon, but the cause was still unclear late in the day. National news reports were focused on an alleged fire at a Consolidated Edison Co. (ConEd) power plant in New York City and an overload on Niagara Mohawk’s (NiMo) power grid in Upstate New York as potential causes for the widespread outages.
August 15, 2003
Initial Legislation in CA Gets Low Marks
As blackouts finally swept through California yesterday afterweeks of warnings, the initial reaction was negative to theCalifornia legislature’s proposals to cure the state’s powerproblems. Most observers concluded there was little indication thatthe proposals would either provide the power needed to keep thelights on in the state or solve the utilities’ financial woes.
January 18, 2001
Weekend Brings Some Price Relief, But Not Much
A solid blast of cold, wintry weather and a technically bullishfutures screen produced tremendous price increases and enormousprice ranges nationwide last week. On Friday, there was little onthe horizon to change the current market picture other than thenormal weekend decline in demand.
November 13, 2000
Merger Week in Energy Ends with Four New Deals
Merger fever swept through the downstream sector of the energy industry last week with four new combinations announced and three others approved by FERC. It was one of the hottest weeks yet for corporate marriages and many observers still believe it’s only the beginning.
June 21, 1999
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