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General Interest 2000 P

  • 11/16/2000 -- BP to cut emissions by building new cogeneration facilities
    BP is negotiating with Cinergy and Power Solutions Co. to build gas-fired power and steam cogeneration facilities at its Texas City and Chocolate Bayou, Tex., refining and chemical plants. The facilities are part of a plan to reduce nitrogen oxide emissions from those plants. BP Global Power, the power development arm of BP Gas and Power, will be among the investors in the project.
  • 11/16/2000 -- Market watch, Nov. 16
    Energy futures prices continued to rise in trading on the New York Mercantile Exchange Wednesday. Home heating oil and natural gas led the market on concerns about the coming cold winter and low domestic supplies of home heating oil and natural gas.
  • 11/15/2000 -- Allegheny Energy to spend $1 billion on 3 peakers
    Allegheny Energy Inc. will buy three natural gas peaking plants from Enron North America for about $1 billion. The simple cycle peaking units total 1,710 Mw and began operation in June 2000. They are located in Gleason, Tenn., Wheatland, Ind., and Manhattan, Ill. The locations provide Allegheny with gas-fired generating capacity within the East Central Area Reliability Region (ECAR), Mid-American Interconnected Network (MAIN), and the Southeastern Electric Reliability Council (SERC).
  • 11/15/2000 -- Davis: OPEC must speed decisions to steady crude price
    OPEC must modernize its decision making structure to overcome a pattern of delayed reactions to market changes and bring greater stability to crude prices in the longer term, a Shell International official said Tuesday.
  • 11/15/2000 -- Richardson says OPEC should not cut output
    US Energy Sec. Bill Richardson criticized the Organization of Petroleum Exporting Countries Wednesday for signaling that it was considering production cuts in order to prevent a oil price collapse in the spring.
  • 11/15/2000 -- Market Watch, Nov. 15
    Forecasts of colder weather and historically low heating oil stocks kept energy futures prices on an upward climb on the New York Mercantile Exchange Tuesday.
  • 11/14/2000 -- Some power plant operators take reliability over heat rate
    Driving the heat rate down and improving efficiency has been the Holy Grail of the power industry for years, and still is for the most part, but reliability is fast becoming of equal importance, according to operators speaking at Power-Gen International in Orlando. New market rules in the UK will require an emphasis on reliability, according to Derek Cheetham of Innogy Holdings PLC.
  • 11/14/2000 -- Electric Power news briefs, November 14
    TECO Energy Inc. �Panda Energy�San Diego Gas & Electric Co. �Utility.com � American Electric Power Co.
  • 11/14/2000 -- TXU unit files with Texas PUC to sell electricity retail
    Companies are beginning to file at the Public Utility Commission of Texas to sell electricity retail months after the commission began accepting applications. TXU Energy Services Co., an unregulated retail electric unit of TXU, filed last week for certification. And Enron Energy Services, Enron Power Marketing Inc., and the New Power Co. filed two weeks ago. Up until that time, the only company that had filed to participate in the upcoming retail market was a large cement company.
  • 11/14/2000 -- Market watch, Nov. 14
    Crude oil prices closed firmer on the New York Mercantile Exchange and the International Petroleum Exchange Monday after the Organization of Petroleum Exporting Countries decided not to ramp up production again. Meanwhile, cooler temperatures in the US and Europe bolstered heating oil demand and anticipation over the latest American Petroleum Institute oil stocks inventory report gave the markets upward momentum.
  • 11/13/2000 -- Vermont utility Green Mountain Power settles rate case
    Green Mountain Power Corp. and the Vermont Department of Public Service settled the company�s pending rate case allowing rates to increase by 3.42% starting in January 2001.
  • 11/13/2000 -- Executive Profile: Malcolm Brinded
    As the UK's Shell Expro plans for a major new field investment program in the North Sea Managing Director Malcolm Brinded tells of hard times, hard choices, and a hopeful future for the company.
  • 11/13/2000 -- Clinton seeks limits on US power plant CO2, mercury emissions
    US President Bill Clinton called Saturday for new rules to regulate carbon dioxide (CO2) and mercury emissions from US electric power plants through a system of caps and trades, similar to the one is use for nitrogen oxide (NOx) and sulfur dioxide (SO2). Clinton said an integrated strategy covering all four pollutants would provide planning certainty to the utility industry and reduce the cost of cutting the emissions on a pollutant-by-pollutant basis.
  • 11/13/2000 -- Market watch, Nov. 13
    Energy futures prices closed mixed in trading on the New York Mercantile Exchange Friday. Short-term traders locked in their profits ahead of the weekend. They were concerned about bearish news about weather in the northeast.
  • 11/10/2000 -- Tractebel buys Sithe's Thai power plants
    The Belgian energy group Tractebel has acquired Sithe Energies Inc.'s power assets in Thailand in a transaction worth $490 million (US). The transaction includes five cogeneration plants in Thailand with generating capacity of 1,022 Mw of electricity and 820 Mw of thermal energy in the form of steam.
  • 11/10/2000 -- Electric Power news briefs, November 10
    EPCOR � SCANA Corp. � Duke/UAE � Sustainable Energy Technologies Ltd.... CES International Inc.
  • 11/10/2000 -- Entergy to buy Con Edison�s nuclear plants
    Entergy Corp., continuing its strategy to buy nuclear power plants, will buy Indian Point units 1 and 2 from Consolidated Edison Inc. for $372 million. Indian Point 1 has been shut down and in storage since the early 1970s and the 970 Mw Indian Point 2 has not operated since February because of steam generator problems. Part of the purchase price includes the replacement of the generators. The plant is expected to be in operation by the end of the year, a Con Edison spokesman said.
  • 11/10/2000 -- UK tax decision welcomed by oil industry
    Oil companies operating in the UK North Sea breathed a sigh of relief yesterday following UK Chancellor Gordon Brown's assurance that overheated crude prices would not spur him to impose a windfall tax on the industry. 'I am determined not to make short term decisions based on short term factors,' said the chancellor. 'The key issue is the level of long term investment in the North Sea. And this will be the approach that will guide budget decisions in future.'
  • 11/10/2000 -- Market watch, Nov. 10
    Energy futures prices rose strongly in trading Thursday on the New York Mercantile Exchange as forecasts of colder-than-normal winter weather in the United States rekindled traders' concerns about heating oil and other energy supply shortages. A report by the International Energy Agency in Paris, restating current concerns about the home heating oil stock situation, was quoted by analysts as the main reason for the upward move in heating oil futures.
  • 11/09/2000 -- Electric Power news briefs, November 9
    UtiliCorp United Inc. ... Western Gas Resources Inc. ... KeySpan Corp. ... Eastern Enterprises ... EnergyNorth ... TNPC Inc. ... Consumers Energy Co. ... Nuclear Management Co. ... Ameren Corp. ... Midwest Independent System Operator ... Alliance Pipeline LP ... Florida Power & Light Co. .... Bonneville Power Administration ... South Jersey Gas Co.

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