Endesa Project Included in CENIT Programme Network Intelligence, Control
An announcement was made yesterday that the board of the Ministry for Industry’s Industrial Technological Development Centre (CDTI for its initials in Spanish) has included an Endesa-led project in the second edition of the CENIT Programme. ...
Nevada Power Energizes Last Phase of Major Transmission Project
Nevada Power has announced that the third and final phase of its Centennial Project is now energized and supplying power to southern Nevada...
California ISO Summer Outlook: Power Supply Adequate
Power supplies are adequate, and blackouts are not likely for California this summer, according to the California Independent System Operator Corporation (California ISO). ...
Largest Utility Buyout Sets New Tone for Private Equity
After a decade marked more by false starts than successes for private equity trying to break into the electric-utility business, the announced $45 billion private equity buyout of TXU Corp. may be the breakthrough development that opens the traditional utility sector to a wave of new capital, management and innovation, according to White & Case partner Earle O'Donnell, the head of the firm's energy practice. ...
PJM Wholesale Electricity Markets Again Found Competitive
The wholesale electric energy markets operated by PJM Interconnection produced competitive results, according to the 2006 State of the Market Report, released by the independent Market Monitoring Unit for PJM. ...
Report Identifies Opportunities for Con Edison to Improve Storm Restoration
The New York State Public Service Commission has received a report from Staff of the Department of Public Service with recommendations designed to improve Consolidated Edison Company of New York, Inc.’s restoration and customer service performance during future storm events....
ComEd: House Passage of Rate Freeze Extension Threatens Reliable Electric Service In Illinois
The Illinois House of Representatives has passed a rate freeze extension bill that threatens ComEd's ability to deliver reliable electric service and will cost customers more in the long run, according to ComEd....
FPL Improves Reliability after Unprecedented Hurricane Seasons
Florida Power & Light Company has filed its annual reliability report with the Florida Public Service Commission. ...
PPL to Sell its Latin American Companies
PPL Corporation intends to sell its regulated electricity delivery operations in Chile, El Salvador and Bolivia....
First Segment of SCE’s Renewable Energy Transmission Project Approved
The California Public Utilities Commission approved Southern California Edison’s application to build segment one of the Tehachapi renewable transmission project. ...
EEI International Utility Award Winners Announced
The Czech-based CEZ Group and the Italian-based Acea SpA were named winners of the first-ever EEI International Utility Award, which recognizes the most outstanding financial results by European utilities in both large-cap and small-cap categories over a three-year period. ...
FERC Approves $53 Million Settlement from Western Energy Crisis
The Federal Energy Regulatory Commission has approved a comprehensive settlement among APX Inc. and about 30 other entities resolving claims arising from the parties’ participation in the California Power Exchange and California Independent System Operator energy markets from May 1, 2000, through June 20, 2001, using services provided by APX. ...
IESO Report Points to Improved Reliability Outlook for Ontario
The electricity reliability outlook for Ontario has improved significantly as a result of a number of decisions and actions taken since June 2006, reported the Independent Electricity System Operator (IESO) in the release of its third Ontario Reliability Outlook...
Ofgem Publishes Final Proposals for National Grid's Operator Incentives
Ofgem has published its final proposals for the incentive arrangements it places on National Grid to encourage the efficient running of the high-voltage electricity transmission network....
New Transmission Line Being Considered to Connect Northern Maine to the Rest of State
Officials at Maine & Maritimes Corporation confirmed today that its subsidiary Maine Public Service Company and Central Maine Power have agreed to study the feasibility of a new power transmission line that would directly connect the Aroostook County power grid to the rest of the State of Maine...
Protective Relays to Exceed $1.5 Billion
The Newton-Evans Research Co. (Ellicott, Maryland, U.S.) has completed a nine-month research program, conducting a global survey of protective relay usage patterns in the world's electric power business....
Aquila's Sale of Kansas Electric Property Approved by Kansas Commission
Aquila, Inc. on Friday received notice from the Kansas Corporation Commission that the Commission has approved the sale of the company's Kansas electric properties to a group of utilities known collectively as Mid-Kansas Electric Co. Proceeds from the transaction will be used to reduce debt and other liabilities...
Bangladesh Implements Electricity Rationing to Cope with Power Crisis
The Bangladeshi government will implement "electricity rationing" starting from Sunday to cope with the ongoing power crisis, according to a government order issued on Sunday. ...
California's Costs for Coping with Power Grid Bottlenecks Plummet Nearly $200 Million
Good news for the California Grid. Thanks to the ISO’s collaborative efforts with utility transmission owners, market participants, and state and federal energy agencies, the California Independent System Operator Corporation (California ISO) was able to reduce the costs for maintaining grid reliability by $192 million dollars in 2006 as compared to the year before....
AEP, MidAmerican Transmission Joint Venture Proposes Transmission Plan for Renewable Energy Zones in Texas
Electric Transmission Texas LLC, a proposed joint venture between subsidiaries of American Electric Power and MidAmerican Energy Holdings Company, filed a transmission proposal with the Public Utility Commission of Texas for the construction of approximately 1000 miles of transmission lines to support development of the Competitive Renewable Energy Zones (CREZ) in Texas. ...
TXU to be Acquired by Investor Group
TXU Corp., together with Kohlberg Kravis Roberts & Co. and Texas Pacific Group and Goldman Sachs & Co., announced today the execution of a definitive merger agreement under which an investor group led by KKR and TPG will acquire TXU in a transaction valued at $45 billion...
Report: Technology Set to Revolutionize Energy Use, Marketplace
The hottest sector in the technology market over the next decade will be products that make reducing power bills and conserving energy as easy as managing cell phone minutes, a report released by the Galvin Electricity Initiative found...
Eesti Energia Sets Up Lithuanian Subsidiary
Eesti Energia AS has set up a subsidiary in Lithuania....
New Electric Transmission Line Energized in Wisconsin
American Transmission Co. placed in service last week a new 138-kV electric transmission line in Dane County, Wisconsin, connecting the Sprecher Substation, located near the Sprecher Road/CTH BB intersection, with the Femrite Substation, located on Femrite Drive near the I-90/USH 12/18 interchange. ...
Report: Florida's Transmission System is Reliable
The Florida Public Service Commission submitted a report to the governor and legislature today, analyzing the reliability of the existing transmission system and coordinated efforts for future transmission developments. ...
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