Wave

As the power industry is about to begin its next wave of generation capacity additions, coal and nuclear are the most talked about sources for new baseload capacity. Within both categories the industry has options to consider, and the best choices have yet to be determined by markets and other factors.

A new report by Merrill Lynch highlights the wave of legislative proposals in Illinois, Maryland, Delaware and Connecticut prompted by rising utility rates due to the expiration of rate caps and higher power prices. Several proposals call for utility reregulation, while others would extend rate caps or place new limits on how much rates could rise in a year.

Cash prices rode the twin wave of Hurricane Rita’s threat to already hurting Gulf of Mexico (GOM) production and a record-setting screen spike the day before to further large gains Tuesday. A moderate warming trend across the southern states also chipped in some renewed power generation load.

Looking to get in on the liquefied natural gas (LNG) wave to the U.S., a group of southeastern U.S. rural electric cooperatives and municipal gas utilities have aggregated a portion of their gas loads for a request for proposals (RFP) to acquire long-term supplies of LNG.

Looking to get in on the liquefied natural gas (LNG) wave to the U.S., a group of southeastern U.S. rural electric cooperatives and municipal gas utilities have aggregated a portion of their gas loads for a request for proposals (RFP) to acquire long-term supplies of LNG.

Federal Reserve Chairman Alan Greenspan last Tuesday said he believes the wave of liquefied natural gas (LNG) imports destined for the United States will dampen gas prices, “possibly significantly,” in the years ahead.

Exploration and production (E&P) companies, already riding a wave of record earnings, should expect to see their share prices further strengthen this year on continued high natural gas and oil prices, according to a new report by Raymond James.

Exploration and production (E&P) companies, already riding a wave of record earnings, should expect to see their share prices further strengthen this year on continued high natural gas and oil prices, according to a new report by Raymond James.

Federal Reserve Chairman Alan Greenspan on Tuesday said he believes the wave of liquefied natural gas (LNG) imports destined for the United States will dampen gas prices, “possibly significantly,” in the years ahead.