FERC approves rates for new transmission company

Sept. 28, 2000—The Federal Energy Regulatory Commission approved rates for DTE Energy’s International Transmission Co. that will allow the first independent transmission company to be formed from assets divested by an electric utility.

SAN FRANCISCO, Sept. 29, 2000 (BUSINESS WIRE)—PG&E Corp. announced recently that its National Energy Group will pursue the Corporation’s first project in Nevada through development of a 1,000-megawatt generating plant 45 miles northeast Las Vegas. The plant is designed primarily to serve the rapidly growing Nevada market. Because of its location near major electric transmission corridors, the plant also will play a major role in maintaining reliability in the overall western states power market.

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