Thousands

The thousands of miles of transmission lines that cut across American Transmission Co.’s (ATC) service territory throughout most of Wisconsin and parts of Michigan and Illinois are under increasing strain these days as pockets of growth combine with an aging infrastructure to create a “perfect storm” for transmission planners in the region.

Although thousands of Enron Corp. customers are expected to retain energy-services contracts set up by the company — at least for the short term — the New York City bankruptcy judge overseeing Enron’s Chapter 11 reorganization granted the company permission to terminate several hundred contracts. Enron Energy Services (EES) had been one of Enron’s fastest growing divisions, and before it declared bankruptcy, had secured contracts at more than 31,000 sites in all 50 states and in five countries. The contracts were estimated to be worth more than $16 billion in 2000 alone and last year, Enron scored several other billion dollar deals.

Although thousands of Enron Corp. customers are expected to retain energy-services contracts set up by the company — at least for the short term — the New York City bankruptcy judge overseeing Enron’s Chapter 11 reorganization granted the company permission Thursday to terminate several hundred contracts. Enron Energy Services (EES) had been one of Enron’s fastest growing divisions, and before it declared bankruptcy, had secured contracts at more than 31,000 sites in all 50 states and in five countries. The contracts were estimated to be worth more than $16 billion in 2000 alone and last year, Enron scored several other billion dollar deals.

Following a plea by the Georgia governor to help the thousands of state consumers whose natural gas remains cut off for not paying bills, two marketers and a Georgia utility have stepped forward to fulfill the role of provider of last resort (POLR). Gov. Roy Barnes earlier this month asked the state’s Consumers Utility Counsel (CUC) to petition the Public Service Commission (PSC) because nearly 50,000 customers remain without gas after being unable to pay last winter’s unusually high bills (see Daily GPI, Nov. 12).

Following a plea by the Georgia governor to help the thousands of state consumers whose natural gas remains cut off for not paying bills, two marketers and a Georgia utility have stepped forward to fulfill the role of provider of last resort (POLR). Gov. Roy Barnes earlier this month asked the state’s Consumers Utility Counsel (CUC) to petition the Public Service Commission (PSC) because nearly 50,000 customers remain without gas after being unable to pay last winter’s unusually high bills.

Under a new agreement between The New York City HousingAuthority and Unitil Corp, gas provided to thousands of homes inNew York City will be purchased from a supplier in onlinetransactions.

You shouldn’t unless you were one of the thousands of workerswho spent millions of person-hours over the last few years sweatingthe millennium bug out of your company’s systems. If that was you,congratulations; you’ve made this last new year slightly morememorable than Hands Across America Day. Now it’s time for anyfood-hoarding doomsayers to get busy: You’ve got a lot ofstockpiled chips and salsa to get rid of.

You shouldn’t unless you were one of the thousands of workerswho spent millions of person-hours over the last few years sweatingthe millennium bug out of your company’s systems. If that was you,congratulations; you’ve made this last new year slightly morememorable than Hands Across America Day. Now it’s time for anyfood-hoarding doomsayers to get busy: You’ve got a lot ofstockpiled chips and salsa to get rid of.

The axe fell last week on thousands more Exxon Mobil employeeswho will lose their jobs due to the merger that created the supermajor. The company said it will cut 16,000 jobs, about 15% of itsworkforce, by the end of 2002. Exxon and Mobil predicted job cutsof only 9,000 when they announced their merger a year ago. The $81billion deal was approved Nov. 30.