Business 2008 P4 : Electric Light & Power/Utility Automation & Engineering T&D News Covering AMR, T&D Automation, Electric Transformers Design, Power Distribution Transformers, SCADA Systems & more

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Business 2008 P4

FERC approves plans to strengthen New York ICAP market
FERC has conditionally approved a plan by the NYISO to strengthen mitigation of market power for the installed capacity market for New York City.

May announces intent to leave Calpine
After discussion with its board of directors, Robert P. May, Calpine's CEO, announced his intent to leave the company once a successor is in place.

EnerNOC to roll existing ISO New England capacity into new contract with CL&P
EnerNOC Inc. announced that it has entered the final stages of two four-year contracts with ISO-NE for demand response capacity in Southwest Connecticut.

Great Plains Energy announces agreement for Aquila acquisition
Great Plains Energy announced that it has reached an agreement to settle all issues related to its application before the Kansas Corporation Commission requesting approval of its pending acquisition of Aquila.

FERC conditionally accepts Midwest ISO ancillary services market proposal
FERC has conditionally accepted the Midwest ISO's proposal to implement a day-ahead and real-time ancillary services market, including a scarcity pricing proposal.

FERC orders review of sellers using WSPP agreement rate
FERC determined that the WSPP Agreement's demand charge ceiling rate is no longer just and reasonable for use by public utility sellers in markets in which the sellers do not have market-based rate authority.

FERC reforms aim to improve operations of organized wholesale power markets
The Federal Energy Regulatory Commission proposed new rules to improve operations in organized electric markets, boost competition and bring additional benefits to consumers.

Greenspan talks recession, oil prices, nuclear power
"I think we are clearly on the edge," of recession, Greenspan said.

A-Power receives distributed power gen contracts worth $72.3 mill
A-Power announced it has signed two domestic contracts to develop distributed power generation systems worth a combined $72.3 million.

Calpine shares resume trading on NYSE
Calpine resumes "regular way" trading of company's stock on NYSE under symbol CPN.

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