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- N.O. City Councilwoman Shelley Midura accuses Entergy of 'corporate
- City Councilwoman Shelley Midura called out Entergy New Orleans again in a Monday letter for the company's participation in what she's called "an elaborate corporate shell game" that she says will cost Louisiana ratepayers upwards of $1.5 billion. Midura, chairwoman of the council's Utility Committee, responded to...
- Research articles 2008-10-01
- Fitch Affirms Energy Transfer Partners & Energy Transfer Equity; Outlook Stable
- CHICAGO -- Fitch Ratings has affirmed the ratings for Energy Transfer Partners, L.P. ETP and Energy Transfer Equity, L.P. ETE as listed below. ETE owns approximately 62.5 million ETP limited partner LP units and ETP's 2% general partner GP interest. Approximately $5.1 billion of outstanding debt securities are affected. The...
- Research articles 2008-04-09
- Beacon Power Adds Former Utility Commission Chairwoman Judith Judson to Management Team
- Regulatory Expert Will Lead Efforts to Accelerate Company's Entry into Frequency Regulation Markets TYNGSBORO, Mass. -- Beacon Power Corporation (NASDAQ: BCON), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, has hired Judith Judson as Director of Regulatory...
- Research articles 2008-02-26
- UniSource Energy Names Vice President of Legal and Environmental Services
- TUCSON, Ariz. -- Philip J. Dion III has been named Vice President of Legal and Environmental Services for UniSource Energy Corporation (NYSE: UNS). Dion has served as chief of staff and chief legal advisor to Commissioner Marc Spitzer of the Federal Energy Regulatory Commission FERC. Before Spitzer's appointment to...
- Research articles 2008-02-15
- Federal Energy Regulatory Commission Approves Aquila Transactions with Great Plains Energy and Black Hills Corporation
- KANSAS CITY, Mo. -- The Federal Energy Regulatory Commission FERC announced yesterday that it has approved the proposed sale by Aquila, Inc (NYSE:ILA) of its electric utility in Colorado to Black Hills Corporation (NYSE:BKH), and the proposed acquisition of Aquila by Great Plains Energy Incorporated (NYSE:GXP). On May 25,...
- Research articles 2007-10-19
- Greening the Grid Gets Green Light
- California ISO Board of Governors Approves Formal Changes Enabling Renewable Power to Link to Grid FOLSOM, Calif. -- The California Independent System Operator Corporation California ISO Board of Governors today approved making changes to its federal tariff that spell out how a new financing tool will work to remove...
- Research articles 2007-10-17
- National Grid - KeySpan Merger Gains FERC Approval
- WESTBOROUGH, Mass. and BROOKLYN, N.Y. -- National Grid (LSE: NG NYSE: NGG) and KeySpan Corp. (NYSE: KSE) are pleased that the US Federal Energy Regulatory Commission FERC has voted to approve their merger application. In its order, dated October 20, 2006, FERC noted KeySpan's ownership of generating plants located in...
- Research articles 2006-10-23
- APPA Washington report: mergers and merchants.(Washington D.C. Report)
- The Federal Energy Regulatory Commission FERC got a lot of things--but not everything--right in a final regulation implementing its new authority over mergers, granted by the Energy Policy Act of 2005. Asking the commission to revise and clarify its final rule, APPA and the National Rural...
- Research articles 2006-03-01
- AEP Proposes 550-Mile Power Line to New Jersey
- American Electric Power is seeking permission from the Federal Energy Regulatory Commission and PJM Interconnection to build a new 765-kilovolt transmission line from West Virginia to New Jersey.AEP said the $3 billion project, announced Jan. 31, would enhance reliability in the eastern power transmission grid.The line is projected to be...
- Research articles 2006-02-03
- Energy Investment Promoted.
- Staff The Federal Energy Regulatory Commission has proposed transmission pricing reforms designed to promote needed investment in energy infrastructure. The proposed rules could benefit energy customers by bolstering power-grid reliability and lowering costs for delivered power by reducing transmission congestion,...
- Research articles 2006-01-16
- GETTING THE ACT TOGETHER
- The process of implementing the provisions of the Energy Policy Act of 2005 continues. And over 2006, in the next weeks and months, the Federal Energy Regulatory Commission FERC and Department of Energy DOE will offer direction and rules on several issues important to shareholderowned electric companies. There's a lot...
- Research articles 2006-01-01
- PUHCA REPEAL A DOOR OPENS
- ...but into what? A group of financial analysts looks at protecting the customer, consolidating generation, and dealing with higher prices-and discusses how companies will fare in a post-PUHCA world. * The repeal of the Public Utility Holding Company Act of 1935 PUHCA, effective on February 8, 2006, has been heralded...
- Research articles 2006-01-01
- Federal Interagency Task Force on Competition in Electric Energy Markets Requests Public Comments Concerning Study
- WASHINGTON, Oct. 19 /U.S. Newswire/ -- A federal interagency task force requests comments from the public pertinent to a study of competition in wholesale and retail electric energy markets required by the Energy Policy Act of 2005. The task force, comprised of representatives from the Federal Energy Regulatory Commission,...
- Research articles 2005-10-19
- Powerplay: Q&A with Ferland and Rowe
- New Jersey Business Magazine and executives of the New Jersey Business & Industry Association recently sat down with James E. Ferland above right, chairman, president and CEO of Newark-based Public Service Enterprise Group, and John W. Rowe left, chairman, president and CEO of Chicago-based Exelon Corporation, at PSEG headquarters to...
- Research articles 2005-09-01
- Fitch Comment: 2005 Energy Policy Act To Have Slightly Positive Credit Implications
- NEW YORK -- The omnibus Energy Policy Act of 2005 EPACT, passed by the United States Congress on July 29, 2005 and expected to be signed into law by President Bush next week, will result in changes to the electric power and gas utility industries. Fitch anticipates that the act...
- Research articles 2005-08-01
- another perspective: WHAT WE NEED TO ATTRACT CAPITAL
- WHAT WE NEED TO ATTRACT CAPITALWhen everything is said and done, the reason the electric utility industry wants regulatory stability and effective energy and environmental legislation is simple. Between now and 2025, electricity demand will grow by nearly 2 percent annually, according to the U.S. Energy Information Administration. Reserve margins-the...
- Research articles 2005-07-01
- PUHCA still stifling industry growth
- When is a merger really not a merger? Last month a Securities and Exchange Commission SEC Administrative Law judge ruled that the 2000 merger of American Electric Power AEP and Central and Southwest Corp. CSW violated the Public Utility Holding Company Act PUHCA. He reasoned that the merged companies did...
- Research articles 2005-06-01
- More Exelon plants may be sold Company offers to sell off power plants to speed acquisition of utility group.(Business)
- Byline: Bloomberg News Exelon Corp. Tuesday offered to sell more power plants to speed government approval for its purchase of Public Service Enterprise Group Inc., the largest U.S. utility acquisition in history. The companies would sell an additional 1,100 megawatts of output...
- Research articles 2005-05-11
- Exelon and PSEG Supplement FERC Filing to Assist in Expedited Approval Process; Companies Propose Additional Mitigation
- CHICAGO & NEWARK, N.J. -- Exelon Corporation and Public Service Enterprise Group announced today that they have supplemented their February 4 filing with the Federal Energy Regulatory Commission FERC, in which they seek approval of their planned merger. The filing addresses concerns raised by outside parties. Provided that FERC...
- Research articles 2005-05-10
- Fitch Affirms Old Dominion Electric Coop Bonds at 'A'; Outlook Stable
- NEW YORK -- Fitch Ratings affirms the 'A' rating on Old Dominion Electric Cooperative Inc.'s ODEC outstanding $935 million of first mortgage bonds. The Rating Outlook is Stable. The 'A' rating takes into account new developments such as the proposed creation of a new cooperative, New Dominion Electric Cooperative...
- Research articles 2005-05-05
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