PP&L EnergyPlus Co. agreed recently to serve the unregulated power and natural gas customers of FPL Energy Services in Pennsylvania and New Jersey, marking FPL Group`s exit from the unregulated retail marketing business. Terms of the transaction were not disclosed. Late last year, FPL announced plans to discontinue its unregulated retail marketing operations.
In 1998, with 56 days of temperatures 100 F or more, it`s not surprising that utility bills in Dallas ran 15 to 35 percent higher than typical summers. Again, during the summer of 1999, record-breaking heat forced building operators to crank up their air conditioning systems-sometimes for 24 hours a day. But at the headquarters of Central & South West Corp. (CSW) both this year and last, building services technician David Lewis reports a significant decrease in energy usage. Through the brutal 1
KW International, a London-based risk management software company, recently opened its first U.S. office, in San Francisco. The company`s primary product, kW2000, uses transaction and contract analysis methodologies to provide users with energy forwards trading, portfolio management and risk management capabilities. Major clients include Cinergy and Southern Company`s European trading arm, plus international energy companies including Electricite de France, Electrabel of Belgium, Norsk Hydro, Po
Rep. Jay Inslee (D-WA) plans to introduce a bill, entitled the Home Energy Generation Act, to remove regulatory barriers to net metering nationwide. The bill would allow electricity customers who generate electricity from renewable energy sources and fuel cells to be credited for any excess energy fed back to the local utility.
To provide renewable energy options to its 3.4 million customers, ComEd plans to team up with Spire Corp., and invest $6 million in a new Chicago solar manufacturing company.
J.M. Voith AG and Siemens AG plan to merge their hydro power activities into a joint venture, Voith Siemens Hydro. Voith will hold 65 percent and Siemens 35 percent of the new company.
Niagara Mohawk Power Corp., subsidiary of Niagara Mohawk Holdings Inc., closed the sale of its 71 hydroelectric generating plants (661 MW total) to Orion Power Holdings Inc. for $425 million. Orion is jointly owned by affiliates of Goldman, Sachs & Co. and Constellation Energy Group.
Siebel Systems Inc., a leading supplier of web-based, front-office software systems, announced that APS Energy Services and Compaq Computer chose Siebel Marketing Enterprise as their marketing automation software. The solution will help APS Energy and Compaq analyze and segment customer and market information to create unique, targeted campaigns and promotions.
DukeSolutions will undertake building and energy initiatives at the Toronto Dominion Center, Canada`s largest office complex (4.5 million square feet), as part of a $19 million contract. DukeSolutions now serves four of the five largest commercial property owners in Canada.