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The operator of the region's bulk power grid, ISO New England Inc., today announced the completion of a comprehensive natural gas pipeline infrastructure and transport study.
As with many states that have undertaken electric industry restructuring, the five New England states that have enacted electric utility restructuring statutes (Vermont has not yet enacted such legislation) have included in those statutes environmental policy goals that will require that certain disclosures regarding fuel sources and emissions, among other things, be included on customer bills and in reports to state regulatory authorities.
ISO New England Inc. and six companies owning transmission facilities in New England have filed today a joint petition for a declaratory order to form the New England Regional Transmission Organization.
ISO New England Inc. and six companies owning transmission facilities in New England have filed a joint petition for a declaratory order to form the New England Regional Transmission Organization.
The Midwest Independent Transmission System Operator, Inc. (MISO), filed a motion with the Federal Energy Regulatory Conunission (FERC) Friday in response to Commonwealth Edison' s petition to withdraw from the bulk electric transmission organization.
Units are generally available when demand is high.
KEMA Consulting together with LECG will perform a feasibility study for a Northeast day-ahead wholesale electric market. Selected by ISO New England Inc., the New York ISO and the Ontario Independent Electric Market Operator, the KEMA Consulting/LECG team will examine market rules, market timing and the products being offered to determine if an additional marketplace would improve efficiencies and effectiveness. The study should be completed in May.
The Federal Energy Regulatory Commission rejected an ISO New England's request to cap rates for its so-called installed capability (ICAP) market at 17 cents/kW-month, calling it a à¯¿½tokenà¯¿½ amount, and reinstated an $8.75/kW-month charge. The charge is intended to encourage new generation and is levied against New England utilities or other load entities that donà¯¿½t contract for enough electricity to serve customers and maintain a reasonable generation margin. The fine is paid to generators.
NiSource Inc. (NYSE: NI) completed its merger with Columbia Energy Group today, just eight months after announcing the $6 billion transaction to create a super-regional energy powerhouse stretching from the Gulf of Mexico to Chicago and New England.