LG&E Energy Corp. and subsidiary Louisville Gas and Electric Co. (LGE) have withdrawn from the Edison Electric Institute (EEI) over the issue of electric restructuring.
In a letter to EEI president Thomas Kuhn, LG&E chairman and CEO Roger Hale said that LG&E advocates competition and retail access at the earliest possible date through federal legislation.
Long-distance telephone rates for U.S. businesses dropped 7.9 percent from February 1995 to February 1996, according to the International Telecommunications Price Survey, released by National Utility Service, Inc. on April 16. At the same time, local calling rates decreased by only 1.5 percent.
I confess. I haven't yet read the Federal Energy Regulatory Commission's Order 888.
The Nuclear Regulatory Commission has approved Portland General Electric Co.'s (PGE's) decommissioning plan for the Trojan nuclear power plant. The Trojan plant, which began operating in 1975, was permanently shut down in January 1993. PGE filed its decommissioning plan in January 1995, proposing to move the spent fuel to onsite dry cask storage, dismantle radioactive structures, and decontaminate the site for unrestricted use (except for the dry-cask storage area). t
Lori A. Burkhart is an associate legal editor of PUBLIC UTILITIES FORTNIGHTLY.
Nancy Schultz was promoted to engineering and construction services director at Transcontinental Gas Pipe Line Corp. She joined Transco in 1982.
Columbia Energy Services has hired Greg Davis at its Pittsburgh office. He previously worked for the Natural Gas Clearinghouse and Exxon Corp.
James S. Thomson has joined Consolidated Natural Gas Co. as president of its new subsidiary, CNG International Corp. He last worked at Edison International's Mission Energy Co.
Westinghouse Electric Corp. has promoted Randy H.
In April, Texas Utilities announced that it would buy ENSERCH, Western Resources launched a hostile takeover bid for Kansas City Power & Light, and The Southern Co. initiated its ultimately futile bid for the United Kingdom's National Power. Eight other pending mergers involving major electric utilities have been announced during the last year. Utility managements clearly believe their future success requires merging with other utilities.
The U.S. Department of Energy will make $15 million in grants available to those willing to buy early versions of market-ready fuel cells. DOE will provide $1,000 per kilowatt, or up to a third of costs. Assistance will target buyers that want to purchase between 100 and 3,000 kilowatts. The first round of awards will be made by September 30. The application package is available on the Internet at http:/www.metc.doe.gov/business/ solicita.html. A diskette version (WordPerfect 5.2) may be requested by fax: (304) 285-4683, attn: R. Diane Manilla, M.S.
Sound bites from state and federal regulators.
Primergy Merger. Michigan regulators have OK'd the merger between Wisconsin Electric Power Co. and Northern States Power Co. The settlement assumes about 2 percent in cost savings on combined Michigan revenues, and imposes a four-year moratorium on rate hikes. Case No. U-10913, April 10, 1996 (Mich.P.S.C.).
Gas Pipeline Certification. Michigan certifies Thunder Bay Pipeline Co., L.L.C.
Five Massachusetts electric companies stand to gain more from industry restructuring than they would lose in stranded investment.
The Ohio Public Utilities Commission (PUC) has granted rate increases for Toledo Edison Co. and the Cleveland Electric Illuminating Co. (subsidiaries of Centerior Energy Corp.) in the full amount requested, but at the same time has recommended that Centerior remove from its regulatory books $1.25 billion in electric utility assets over a five-year period.
