Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.
CP97-315-000 et al., 89 FERC ¶61,283, Dec. 17, 1999.
The Power Pool of Alberta has signed a contract with Andersen Consulting to develop an Internet-based energy trading system (ETS), which will provide the technology to operate in the electric energy market in 2001. The new system will be designed to equip the Power Pool to handle higher volumes of transactions in preparation for customer choice, retail competition and the auction of power purchase arrangements, and to interface with other markets that may be developed.
Texas-New Mexico Power Co., Cielo Power Market LP and Big Wind LP have finalized contracts that will let TNMP customers choose a renewable energy option as part of their power supply with energy supplied from a wind-power project in West Texas. The choice of renewable energy was factored into TNMP's voluntary transition-to-competition plan, which was approved by the Texas Public Utility Commission in July 1998.
In an effort to clear up the confusion facing Wisconsin consumers when it comes to choosing telephone calling plans, the Wisconsin Public Service Commission and Salestar have launched a free online service that offers price comparisons between long-distance carriers. The Wisconsin WebPricer, accessed from the Wisconsin PSC website ( www.psc.state.wi.us), provides a centralized source for unbiased comparisons among providers of local toll and in-state long-distance calling plans. Salestar previously developed a similar Webpricer for the state of California, making Wisconsin the second state to have the online tool.
TIBCO Software Inc. has entered into a license agreement with FirstEnergy Corp., a diversified energy services holding company, under which FirstEnergy intends to install TIBCO's TIB ActiveEnterprise Energy Hub software. "The same technology that enables Wall Street to handle real-time information and powers most of the largest Internet portals is now being introduced to the energy industry," said Alan Williams, TIBCO's vice president, energy markets. TIBCO's software aggregates and delivers real-time information from a number of data sources.
Convergys has signed a five-year managed services billing contract with Northern Kentucky Water Service District under which Northern Kentucky Water will use the Convergys managed services billing and customer care solution to improve and streamline its customer support and billing services. The Convergys solution automates and supports all aspects of customer service, from billing to customer service setup and management.
Capstone Turbine Corp. has entered into marketing alliances with Active Power Corp. of Tokyo and BG Technology. The partnership with Active Power will make that company a value-added reseller and systems integrator for Capstone MicroTurbine system. Meanwhile, BG Technology will serve the microturbine market in the United Kingdom and Ireland, integrating the Capstone MicroTurbine system into a range of power generation and combined heat-and-power "cogeneration" packages.
News Digest was compiled by Carl J. Levesque, associate editor, Lori Burkhart and Phillip Cross, contributing legal editors, and Bruce W. Radford, editor-in-chief. For continual news updates, see www.pur.com.
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