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Deregulation 2002 P1



State of California chooses not to terminate Williams agreement
Williams Monday announced that its settlement with the state of California to resolve outstanding litigation and civil claims and restructure energy contracts passed a significant milestone toward an expected Dec. 31 closing.

FERC judge rules energy companies overcharged California
A Federal Energy Regulatory Commission (FERC) administrative law judge issued the recommendation that energy companies overcharged California by $1.8 billion during the state's energy crisis in 2000 and 2001.

Direct Energy to purchase ATCO retail energy business
ATCO Ltd. and Canadian Utilities Limited Tuesday announced that Direct Energy, Canada's leading provider of retail energy and home services, has agreed to purchase the retail energy businesses of ATCO Gas and ATCO Electric.

FERC staff and Avista reach agreement in principle on energy trading probe
FERC staff and Avista Corp. have Monday filed a joint motion recommending an end to the FERC investigation into Avista's energy trading practices.

Centrica to buy Central Power and Light and West Texas Utilities customer accounts
Attorneys for Consumer Groups joined Texas PUC staff, the Office of Public Utility Counsel, and numerous cities in signing an agreement whereby Centrica Corp. will acquire residential customer accounts of AEP in Texas.

S&P comments on MISO's survival tactics
Amidst all the dark clouds in the U.S. energy industry, one should keep in mind that this sector still has companies with very strong creditworthiness and even a few that have a positive outlook.

Pa. PUC chairman tells federal regulators that standard market design is essential to competition
A Standard Market Design for the nation's electricity transmission system is essential to maintaining reliability and to fostering competitive power markets, the Chairman of the Pennsylvania Public Utility Commission (PUC) testified before federal regulators Tuesday.

Hard times for time-of-use at PSE
In this commentary, Senior Associate Editor Steven Brown discusses Puget Sound Energy's experience with time-of-use billing in this article from the upcoming Nov/Dec issue of Utility Automation.

Calpine and Florida Municipal Power Agency deal for up to 100-MW
Calpine Corp. announced Monday that it has entered into a five-year power sales agreement with the Florida Municipal Power Agency (FMPA).

Retail users to return to frozen rates in Ontario electricity market
When originally conceived in 1996, the restructuring of the Ontario electricity market was expected to bring to ratepayers the benefits of a competitive marketplace --- expanded generation capability, a choice of suppliers and lower prices.

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