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Fortnightly Magazine - December 1996

Joules

American International Partners, L.C. will conduct a feasibility study for a 100-Mw, coal-fired power plant in the northern border region of Vietnam. The proposed project is estimated at $150 million, which includes expansion of a coal mine on the site and development of a limestone mine. The project would be developed jointly with The Vietnam National Coal Corp. The two companies have signed a letter of intent to develop a second plant in the Bac Thai province, 70 kilometers from Hanoi.

CalEnergy Co., Inc.

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Michigan Rejects LDC Capacity - Release Sharing

The Michigan Public Service Commission (PSC) has rejected a proposal by Michigan Gas Utilities, a local distribution company (LDC), to implement a 70/30 sharing mechanism for capacity-release revenue. (The LDC currently credits all such revenues to its customers through a gas-cost recovery mechanism.)

The PSC found the LDC's incentive plan lacking in safeguards to ensure that the company does not earn a windfall profit at the expense of ratepayers.

Byline: 
Phillip S. Cross
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Energy/Telecom Combo Hits Boston

Boston Edison Co. (BE) and RCN Inc., a subsidiary of C-TEC Corp., have announced what they say is the "most comprehensive agreement in the nation" between an electric utility and a broadband network company to provide one-stop shopping for energy and telecommunications services.

The two companies have signed an agreement to form a joint venture to provide local- and long-distance telephone service, video, high-speed internet access, and eventually, energy-management and property-monitoring services.

Byline: 
Lori A. Burkhart
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Gas LDC to Unbundle

While authorizing Northern Utilities, Inc., the sole instate natural gas local distribution company (LDC), to contract with an affiliated company to provide storage capacity and services, the Maine Public Utilities Commission (PUC) has directed the utility to file an unbundling tariff proposal that includes transportation, load-balancing, and third-party merchant services.

Under the approved supply arrangement, Granite State Gas Transmission, Inc. will provide storage capacity and service from a liquefied natural gas facility in Wells, ME.

Byline: 
Phillip S. Cross
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