| 1. California's Top Regulator Chides CEC, PG&E |
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from Power Market Today Mar 1, 2010
California's top utility regulator took a swipe at both the California Energy Commission (CEC) and Pacific Gas and Electric Co. (PG&E) during a meeting of the California Public Utilities Commission (CPUC) in San Francisco Thursday.( more )
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| 2. EIA Revises Projection for Gas Demand by Power Sector This Year |
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from Power Market Today Mar 10, 2010
The high demand for natural gas by the electric power sector in the first quarter has all but wiped out the Energy Information Administration's (EIA) prior projection that the sector would likely see a 1.3% year-over-year decline in gas demand. ( more )
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| 3. Arizona Governor Backs Off Western Climate Group |
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from Power Market Today Feb 16, 2010
Citing potential economic harm to the state, Arizona Gov. Jan Brewer on Thursday pulled back from the global climate change-driven Western Climate Initiative (WCI), which her state helped found. Brewer said some of WCI's regional work could put Arizona at a competitive disadvantage.( more )
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| 4. California Governor Signs Bill to Expand Feed-In Tariff |
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from Power Market Today Mar 1, 2010
California Gov. Arnold Schwarzenegger on Friday signed into law a bill (AB 510) to expand the application of the state's feed-in tariff for customer-sited renewable power generation facilities. The law expands from 2.5% to 5% the limits on the amount of a utility's peak-demand load that can be satisfied by customer-generated solar and wind under state-sanctioned net metering provisions (see Power Market Today, Feb. 22).( more )
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| 5. NRG, Toshiba Settle Lawsuit, Take Bigger STP Nuclear Stake
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from Power Market Today Feb 19, 2010
A potential project-ending lawsuit was ended Wednesday with a settlement announced between the principals in the plans to build two new 1,350 MW nuclear units (3 and 4) at the South Texas Project (STP). "All litigation will be dismissed with prejudice," the partners said.
( more )
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| 6. Monday New England Power Rises as Turbulent Weather Predicted |
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from Power Market Today Feb 22, 2010
Monday power prices rose at eastern points in Friday's trading as a low-pressure system was forecast along with near normal temperatures. In the Ohio Valley Monday prices were mixed, and term power fell.( more )
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| 7. Cash in Hand, Constellation In the Hunt for Assets |
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from Power Market Today Feb 23, 2010
Following a year of restructuring and sensing trouble ahead for some power industry players, Constellation Energy Group Inc. plans to spend about $1 billion of proceeds from recent divestitures on "strategic growth initiatives" over the next 12-24 months, executives said Monday.( more )
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| 8. Western Governors Assess Strategies for Region-Wide 33% RPS |
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from Power Market Today Feb 26, 2010
As an extension of earlier work identifying western renewable energy zones (WREZ), the governors of a dozen western states on Wednesday released a report their association commissioned to determine if a West-wide 33% renewable portfolio standard (RPS) could be met by large-scale renewable development in the designated zones.( more )
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| 9. Federal Energy Policy 'in Disarray,' CPUC Member Says |
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from Power Market Today Mar 2, 2010
Consensus coming out of Washington, DC, on the heels of a state regulatory commissioners' national meeting is that no energy bill is likely to emerge from Congress this year, according to a member of the California Public Utilities Commission (CPUC).( more )
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| 10. Northwest Council Adopts Sixth Power Plan, Eyes Low Water Levels |
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from Power Market Today Mar 3, 2010
The Northwest Power and Conservation Council (NPPC) added support data to its Sixth Power Report Tuesday. The document estimates that 85% of the region's future electricity demand can be satisfied by energy efficiency programs. The core of the plan was adopted early in February by the four-state regional council.( more )
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