GE Power Systems, a unit of General Electric Co., reported receiving contracts totaling $107 million to supply two gas turbines, additional equipment, and services for the 295 Mw expansion of a C.A. Energia Electrica de Venezuela power plant in Maracaibo, Venezuela. Equipment will be shipped in September of 2002, with the plant start-up scheduled for the first half of 2003.
Mirant Corp., Atlanta, Ga., said it completed acquisition of two power plants in Georgia and Florida from El Paso Corp., Houston. Mirant acquired from El Paso a 640 Mw gas-fired power plant in Thomaston, Ga., and a 480 Mw gas-fired plant in New Port Richey, Fla.. Mirant will provide power from both plants to customers under a variety of power purchase agreements. Terms were not disclosed.
The Public Service Commission of Wisconsin (PSC) has issued a final order outlining details and route specifics of 220-mile electric transmission line from Wausau to Duluth. The PSC approved the line on Aug. 17. The joint project of Wisconsin Public Service Corp., Green Bay, a subsidiary of WPS Resources Corp. , and Minnesota Power, an Allette Co., was originally announced in April 1999.
The Texas Public Utility Commission agreed to delay retail electric competition Jan. 1, 2002, for customers in Northeast Texas served by Southwestern Electric Power Co. within the Southwest Power Pool. The PUC said customers won't have enough choices for suppliers by that time.
Consolidated Edison Inc. reported the attacks of Sept. 11 will result in the loss of about 140 Mw of load or about 1.1% of its peak delivery load. It estimated the annual after-tax impact of the loss of electric, gas, and steam services to these buildings is $15 million. It said the estimated cost for the temporary restoration of service and for permanent restoration of the lower Manhattan systems to prior levels of reliability is $400 million. Con Edison said it is seeking federal reimbursement for its response and recovery costs.
Wisconsin Energy Corp., Milwaukee, said the Public Service Commission of Wisconsin (PSC) approved Wisconsin Electric�s request for a limited declaratory ruling on its proposed plan to increase generation in the state. The ruling allows the company to proceed with advance planning for 2,800 Mw of new generation. The ruling also allows for the establishment of a Wisconsin Energy Corp. subsidiary to finance, build, and own new power plants and upgrade existing plants.
The North American Electric Reliability Council approved a new process for developing standards and agreed to a new composition and weighted sector voting model for its standing committees. The board also voted to take "all necessary steps" to become the single organization in North America to develop both reliability standards and wholesale electric business practice standards and to file them with the Federal Energy Regulatory Commission and Canadian regulators.