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Wired or Mired? Electronic Information for the Gas Industry

Fortnightly Magazine - February 1 1996

for the electric industry. It makes sense to promote interconnectivity for both industries as we move inexorably toward a converged energy market. The interrelationship between the gas and electricity markets and their common open-access regulatory directives portend a broad-based interfuel market in which gas serves both as a fuel and a direct energy source. In a universal electronic marketplace, both forms of energy could be exchanged or converted physically, financially, or both using leading-edge information technologies. t

Sheila Hollis is senior partner of the law firm Metzger, Hollis, Gordon & Mortimer in Washington, DC. Andrew Katz is a senior associate of the firm.

Electric Competition

Electric real-time information networks will offer four major types of information: 1) available transmission capacity, 2) transmission product offerings and prices, 3) specific transmission service requests, and 4) informal transmission communications.

The FERC has mandated a standard information system for the electric industry. The industry working group proposes an "electronic information network" (EIN)-a "same-time" (as opposed to "real time") information system. EINs will employ the same standards across the national and will be capable of two-way electronic communications between transmission providers and customers.

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