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Industry News 2003 P30
Overseas and domestic natural gas projects compete for U.S. investment dollars
If the U.S. government wants to contain the migration of investment efforts overseas, or if it wants to limit national dependence on LNG imports, it can provide incentives to investment by either lifting restrictions on undeveloped domestic resources or by promoting technology investment, according to ESAI in its latest Natural Gas Quarterly Review.
World's first floating methanol plant could play role in alleviating U.S. energy shortage
PetroWorld, along with three international partners, on July 16 announced that they are developing the world's first floating large-scale, fuel-grade methanol plant designed to extract natural gas from reserves in remote areas and convert it on board into liquid methanol at a rate of 12,000-15,000 tons of output per day.
NorthWestern Energy takes natural gas case to Montana district court
NorthWestern Energy has filed suit in a district court seeking to overturn the Montana utility regulators' decision to disallow the recovery of more than $6 million in actual gas costs.
DOE pulls funding for contamination cleanup project
The U.S. DOE has informed USEC Inc. that funding for the Deposit Removal Program at the Portsmouth, Ohio Plant will not be extended after September 30, 2003.
Midwest ISO files Energy Markets Tariff
The Midwest ISO has filed its proposed Open Access Transmission and Energy Markets Tariff with the Federal Energy Regulatory Commission (FERC).
Energy companies remedy trade data reporting
FERC has accepted eleven energy companies' account of their internal remedies for reporting natural gas trading data.
Commission sets new generator interconnection standards, proposes expedited procedures for small generators
FERC has issued standard procedures and a standard agreement for the interconnection of generators larger than 20 MW to facilitate development of the U.S. electric infrastructure.
FERC judge will certify Avista agreement to commission
Federal Energy Regulatory Commission (FERC) Chief Administrative Law Judge Curtis L. Wagner Jr. has granted a motion for reconsideration filed earlier this month by FERC Trial Staff and said that he will certify an agreement to the FERC commissioners that would resolve an ongoing investigation of Avista Corp.
Commission hits Louisiana energy company with $750,000 civil penalty, orders $2.1 million in refunds
The Federal Energy Regulatory Commission (FERC), in its first imposition of civil penalties in the electric industry, approved an agreement recently between commission enforcement staff and a Louisiana-based energy services company and its affiliates that includes a $750,000 civil penalty and more than $2.1 million in refunds to Louisiana retail customers.
New hydro licensing process holds promise of faster, more informed decisions
FERC has taken a major step to streamline the licensing of hydropower projects by adopting a new, more efficient process that is better coordinated with the processes of other federal and state agencies and Native Americans.
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