Public Utilities Reports

PUR Guide 2012 Fully Updated Version

Available NOW!
PUR Guide

This comprehensive self-study certification course is designed to teach the novice or pro everything they need to understand and succeed in every phase of the public utilities business.

Order Now

Utilities to Pool Power, Resources

Fortnightly Magazine - October 15 1995

General Public Utilities Corp. (GPU) and New Jersey Resources Corp. (NJR) have announced a pooling plan to manage the natural gas supply and capacity portfolios for up to 25 gas-fired generating stations that supply the GPU system in New Jersey and Pennsylvania. The pool will contain up to 1,100 megawatts of nonutility generation presently under contract with the GPU companies, as well as the companies' own generation. NJR will procure gas and provide other fuel-management services in conjunction with GPU system power dispatchers. GPU system customers should save several hundred million dollars in energy costs over 10 years. GPU Services Corp. (em on behalf of Jersey Central Power & Light Co., Metropolitan Edison Co., and Pennsylvania Electric Co. (em entered into a three-year fuel-management deal with NJR subsidiary, New Jersey Natural Energy Corp. (NJNE), to manage the GPU system's gas purchases and interstate pipeline capacity. NJNE will operate the pool and market any excess supplies or capacity.


Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.