Electric utilities
Tammy Norman, a seasoned industry expert with a proven track record of improving business results, has been appointed as the new vice president of gas trading, east region at PG&E Energy Trading, a subsidiary of PG&E Corporation. Norman's responsibilities will include overseeing the gas
Energy industries
A plan to reduce emissions at three metro-area power plants in Colorado is sparking opposition from trade groups, independent power generators, and major industrial electricity users, who claim it is anti-competitive and will unfairly inflate the price of electricity. The proposal, backed by environmentalists and approved by Colorado lawmakers and
Energy industries
In 1998, various significant business developments were reported in the Asia-Pacific region. CMS Energy Corporation won a bid to develop a $US1.6 billion power and gas plant in India, while Southern Cross Pipelines Australia consortium completed the purchase of a significant share of the Goldfields Transmission Pipeline in Western
Electric utilities
Fitch IBCA has assigned a 'AAA' rating to Illinois Power Co.'s $864 million special purpose trust transitional funding trust notes, series 1998-1. The notes are backed by a property right to receive future cash flows from electricity customers of Illinois Power, with seven serial classes having
Electric utilities
Extreme cold temperatures in the Western United States and Northwestern states have led to a severe shortage of natural gas, which is affecting the state's transmission system. The California Independent System Operator (Cal-ISO) has declared a Stage Two Emergency, triggering the reduction of power demand and calling for
Gas industry
A major regulatory decision has been made regarding Washington Natural Gas's rate settlement agreement. The Washington Utilities and Transportation Commission approved the agreement, which will provide the company with additional revenue to cover increased utility non-gas costs without affecting customer rates. Key Takeaways: * The rate settlement agreement provides
Gas industry
Portland General Electric and Anadarko Petroleum Corp. have signed a Memorandum of Understanding for the purchase of power generated by Anadarko's proposed 22-megawatt geothermal plant in southeast Oregon. The project aims to provide clean and renewable energy to Portland General Electric's over 640,000 customers in
