The New Jersey Board of Public Utilities finds incentive programs may be a better way.
New Jersey regulators say they have found a way to achieve conservation objectives while maintaining efficient operations, all without placing additional risk on consumers. How did they do it?
Will the industry be able to meet capital investment and growth expectations?
The Energy Policy Act of 2005 gave states a new federally enforceable right to access holding company books and records, but concern remains that some of these initiatives may run counter to the goal of capital attraction.
GAS SUPPLY
GAS SUPPLY
Pipeline and LNG terminal developments may arrive too late to prevent a natural gas disaster.
For exactly two months, MidAmerican Energy sponsored a $6.3 billion project to bring stranded natural gas from Alaska's North Slope to an adjoining pipeline in Canada. But when Alaska's Department of Revenue rejected MidAmerican's proposal for an exclusive partnership to develop the pipeline, the company pulled out.
People
New Opportunities:
The Federal Energy Regulatory Commission appointed Joseph H. McClelland director of its Division of Reliability in the Office of Markets, Tariffs, and Rates. McClelland is general manager of the Custer Public Power District in Nebraska.
Colorado Gov. Bill Owens appointed Carl Miller, a state representative, to the Colorado Public Utilities Commission (PUC). The reports that Miller cannot seek re-election because of term limits.
New Positions:
President Bush named Dr. Nils J. Diaz chairman of the Nuclear Regulatory Commission (NRC), succeeding Richard A. Meserve. Diaz's current NRC term expires in 2006. Diaz also is professor-emeritus of Nuclear Engineering Sciences at the University of Florida.
Pantellos named Jim Neikirk president and CEO. Neikirk spent five years at Entergy Corp. as vice president and chief procurement officer.
John J. Carney has joined Solomon Associates as a power generation consultant. During Carney's 25 years of management experience, he has worked for Florida PowerCorp., Carolina Power and Light Co., and Florida Power and Light.
Gas Price Prudence: From Hedge-and-Hope to Best Practice
Utilities and regulators should follow the same ideas that govern risk management at the largest of commodity trading houses.
The July 5, 2001 issue of offered an update on what utilities and regulators are doing in the area of commodity price hedging for natural gas.
The headline read, "Dominion East Ohio Sales Customers Will Pay 29% Less in Gas Costs under PUCO-Led Encouragement of Hedging Plan...."