A broad group of electric transmission line owners in the Southwest has taken initial steps to form WestConnect, a for-profit regional transmission organization (RTO).
GE Industrial Systems has a new agreement with the Commonwealth Edison Co. to provide engineering and construction services for ComEd electric utility substations outside of the Chicago central business district.
Brascan Corporation has agreed to purchase from Great Northern Paper Inc., a hydroelectric generating and transmission system in northern Maine, interconnected with the New England power grid, for US$156.5 million.
The Federal Energy Regulatory Commission Thursday said it plans to adopt a national standard electric interconnection agreement between electric transmission companies and generators. A standard agreement is needed to eliminate uncertainty and confusion about what rights come with interconnection, said FERC Chairman Pat Wood.
Minnesota Power, a business of ALLETE, Inc., and Cleveland-Cliffs Inc. announce that they have executed an Asset Purchase Agreement with LTV to acquire all of the assets of LTV Steel Mining Co. (LTVSMC).
The move towards a few large regional transmission organizations (RTOs) as mandated by the Federal Energy Regulatory Commission is likely to raise consumer electricity rates in the near term, a Southern Co. executive said. (By Ann de Rouffignac, OGJ Online)
Pacific Gas & Electric Co.'s plans to expand the congested power transmission pathway in California known as Path 15 took a forward step yesterday when the California Public Utilities Commission (CPUC) issued a draft environmental report for review. (By Ann de Rouffignac, OGJ Online)
Emera Inc. announced today that it has completed the transaction for the purchase of all of the common shares of Bangor Hydro Electric Company for $26.806 U.S. per share in cash.
Siemens Power Transmission and Distribution, Inc. (SPT&D) announced today that its Telegyr Systems division, located in San Jose, CA, will be fully merged into the company.
RDM Corporation and MicroSolve announced today that SoCalGas and SDG&E will be utilizing RDM's EC5000i imaging platform in the implementation of their bill payment station.