Policy & Regulation

The acquisitions of Pacificorp by ScottishPower plc and of the New England Electric System by National Grid Group plc mark the first takeovers of major U.S. electric utilities by foreign companies. In closing these transactions, the foreign buyers had to negotiate a maze of state and federal regulatory hurdles. Although approvals of local officials for the ScottishPower merger were secured only after lengthy hearings and rate concessions, merger proceedings at the federal level have been largely
Policy & Regulation

After nine days of a simulated market test, participants in the planned New York Independent System Operator (NY ISO) decided to postpone its launch until mid-October.
Policy & Regulation

The Department of Energy will provide $5 million of the $21 million EnerTech Environmental Inc., Atlanta, needs to build a process development facility for up to 100 tons/day to illustrate its SlurryCarb process, which converts organic wastes into E-Fuel, a low-sulfur fuel supplement.
Policy & Regulation

The New Mexico Supreme Court issued an order halting a retail electric competition pilot program in Albuquerque, pending a full hearing. Utility Public Service Company of New Mexico (PNM) requested the review on the grounds that only the state legislature, and not the state Public Utility Commission, has jurisdiction to implement retail competition.
Policy & Regulation

Minnesota Power of Duluth, Minn., filed a complaint with the Federal Energy Regulatory Commission (FERC) in late December charging Northern States Power Co. (NSP) with breach of contract. According to Minnesota Power, NSP promised in 1996 to support an independent system operator (ISO) proposal advanced by the Mid-Continent Area Power Pool (MAPP), in return for Minnesota Power`s support of NSP`s ill-fated merger with Wisconsin Electric. The complaint asks FERC to "order NSP to join the existing