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ELP Volume 77 Issue 11
CMS Marketing, Services & Trading, the energy marketing unit of Dearborn, Mich.-based CMS Energy Corp., acquired Viron Corp. of Kansas City, Mo. The $80 million company provides energy services through offices in 22 U.S. cities. CMS acquired 100 percent of Viron, including 148 employees, from York International.
Northeast Utilities affiliate Select Energy Inc. was approved by the Delaware Public Service Commission to provide retail electric supply in the state. In addition to electricity, Select Energy is providing natural gas, energy services and equipment for reducing customers` energy costs. The company is targeting the 11-state region from Maine to Maryland. As required by the Delaware PSC, customers with electricity loads exceeding 1 MW became eligible to choose their power supplier October 1. Choi
When a little old lady from Butte received a call from her stock broker last April, she nearly fainted with shock. "Mrs. Smith," the broker said, "Congratulations. You`re a millionaire."
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
After reading the September issue, I was struck by the impression that "Customer choice" would resolve distribution reliability issues ("Outages prompt lawsuits ...", page 1, and "When choice honeymoon ends, service quality sparks long-term customer relationship," page 31). Customer choice does not change the physical facilities. In other words, the wires and substations delivering energy to end-use customers will not change as a result of customer choice.
Not long ago, if a terrorist wanted to cause a blackout in a major city, it would have taken a bit of doing, even in the most plausible movie scenario. The plot is familiar: men in ski masks send an explosives-packed truck barreling into a power plant or substation.
The Tennessee Valley Authority awarded two contracts to ABB Combustion Engineering Nuclear Power Inc. totaling over $85 million. One contract is for primary side steam generator services at the utility`s Sequoyah and Watts Bar Nuclear Generating Plants, located in Soddy-Daisy and Spring City, Tenn. The second contract is for the supply of four replacement steam generators for the utility`s Sequoyah Unit 1 Nuclear Power Plant.