Similar to a deal the two companies made last May involvingthree power plants in the Los Angeles Basin, Williams and AESforged an agreement last week in which Williams will supply thefuel and market the power produced from an AES-built and -operatedpower facility in Pennsylvania. The AES Ironwood plant will belocated in South Lebanon Township and will have a capacity toproduce 700 MW. Financial terms of the transaction were notdisclosed.
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Florida Gas Transmission may not be the only interstatetrunkline in Florida if Williams-Transco succeeds in its plan foran underwater pipeline from offshore Mobile Bay through the Gulf ofMexico to landfall near Tampa on Florida’s southwest coast.
Although the public’s overall awareness of energy deregulationhas inched up over the past three years, a majority of residentialand business customers surveyed say they still know next to nothingabout the issue and its potential effect on them, according to theresults of two major surveys issued last week.
After three months operating as MarketSpan Corp., the companyformed by the merger of Brooklyn Union Gas parent KeySpan Energyand Long Island Lighting and Power, has decided to change its nameto KeySpan Energy. CEO Robert B. Catell said the decision was madebecause of KeySpan’s superior name recognition in its serviceterritory. The company will trade on the New York Stock Exchangeunder the symbol KSE.
CNG Energy Services of Pittsburgh signed a three-year contractwith Ormet Corp., one the nation’s largest aluminum producers andsuppliers of aluminum products, to provide gas management servicefor eight Ormet facilities in the United States. The facilitiesconsume about 12 Bcf/year
Fearing that it might be growing dusty and staid, FERC earlierthis month kicked off a three-month, all-encompassing review of itsprocedures and processes “to try and keep current with the times,including a very changing energy marketplace that we regulate,”Chairman James Hoecker said.