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Business 2005 P13
Duquesne Light Holdings to receive $35-$40 million from sale of energy facility management projects to DTE Energy Services
Duquesne Light Holdings announced that it has sold six on-site energy facility management projects to DTE Energy Services, a subsidiary of DTE Energy. While the companies have signed a purchase agreement for the projects, closings of the individual projects will occur over the next several months and are subject to regulatory and other consents and approvals.
Pacific Gas and Electric Company announces Reliant has agreed to resolve energy crisis claims
Pacific Gas and Electric Company announced a settlement agreement with Reliant resolving overcharges and market manipulation claims from the sale of electricity by Reliant's California operations.
Avista Corp. and three parties reach settlement on Avista's Washington rate case
Avista Corp. and three other parties participating in Avista's Washington electric and natural gas general rate cases -- pending before the Washington Utilities and Transportation Commission (WUTC) -- have reached a settlement agreement that, if approved, would resolve all issues in these cases. Avista filed its electric and natural gas rate increase requests with the WUTC on March 30, 2005.
Arwest Communications chooses Analog Devices' Blackfin for breakthrough performance and lowest-power processing
Analog Devices, Inc., a leader in high-performance semiconductors for signal processing applications, announced that ArWest Communications has chosen Blackfin as its core processing platform, citing Blackfin's ability to handle both microcontroller (MCU) and signal processing tasks, while doing so with the lowest power consumption in its class, less than 300 MW.
PSI Energy to purchase generating station from Allegheny Energy
Cinergy Corp. announced that its Indiana subsidiary, PSI Energy, has completed the acquisition of the 512-megawatt Wheatland generating facility for approximately $100 million from subsidiaries of Allegheny Energy, Inc.
NERC names Richard Sergel President and CEO
Richard Drouin, Chairman of the Board of Trustees of the North American Electric Reliability Council (NERC), announced that the board has named Richard P. Sergel as NERC's new President and Chief Executive Officer, effective September 12, 2005. He will replace Michehl R. Gent, who is retiring after leading the organization for twenty-four years.
Kema T&D consulting group continues successful strategic growth path
Dr. S. S. (Mani) Venkata recently joined KEMA's expanding team of transmission and distribution specialists. A highly regarded and respected expert in the T&D field, Dr. Venkata is a vice president, T & D Planning & Design with KEMA's T&D consulting group (TDC).
Reliant Energy agrees to sell West Virginia plant to AEP
Reliant Energy has reached an agreement to sell its 505-megawatt, natural gas-fired power plant located near Huntington, West Virginia to Appalachian Power Company, an affiliate of American Electric Power Co., for $100 million.
Capital Hill Gold looks to capture oil concessions
Capital Hill Gold Inc. reports that the Federal Government of Nigeria will on August 26 award licenses to about 47 oil block concessions under the 2005 Bid Round. That action is expected to bring in new players into the nation's petroleum industry and to also stimulate investments in the downstream sector.
Iowa Lakes Electric Cooperative integrates field design and GIS through UDSP
Powel-MiniMax announced that Iowa Lakes Electric Cooperative (ILEC) has successfully deployed Powel-MiniMax's Utility Decision Support Platform (UDSP). ILEC's first two UDSP modules, StakeOut® and GIS, will provide a single platform for seamless field-to-office work order integration.
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