Piedmont Natural Gas Announces Membership in Council for Responsible Energy

Piedmont Natural Gas announced its membership in the Council for Responsible Energy, a coalition of more than 190 organizations that have come together to raise awareness of natural gas as the comfortable, responsible energy choice for America’s energy consumers. The Council, comprised of senior industry leaders from organizations nationwide,... 

Reliant Energy to Sell Northeastern Electricity Marketing Assets to Hess Corporation

Reliant Energy announced today it has reached an agreement to sell the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. These subsidiaries provide electricity and related services to more than 300 commercial and industrial customers in Delaware,... 

Entergy Gulf States Gains Regulatory Approval to Use Planalytics EnergyBuyer in Natural Gas Hedging Program

Planalytics, Inc. announced today that Entergy Gulf States, Inc. (EGS) has received approval from the Louisiana Public Service Commission to hedge a portion of its 2009-2010 winter season gas requirements using the EnergyBuyer® Service. Planalytics’ year-ahead analysis of natural gas prices enables EGS to sort through market volatility and make... 

U.S. Energy Savings Corp. Shares the Warmth in Chicago

As the cold winds of winter start to sweep in, U.S. Energy Savings Corp. announced that it is donating $15,000 to The Salvation Army Share the Warmth program. The program provides assistance to thousands of eligible gas consumers. The program originally started in 1983 and is one of the largest of its kind in the nation. “This generous donation... 

AmerenUE, Saint Louis University Join Forces to Launch Pioneering Weather Monitoring, Forecasting, Response System

AmerenUE and Saint Louis University’s Department of Earth and Atmospheric Sciences today announced Quantum Weather(TM) – a highly precise weather monitoring, forecasting, and response system for UE’s Missouri service territory. Part of UE’s Project Power On reliability initiative, this pioneering system can pinpoint severe weather... 

ComEd Hosts Community Energy Challenge for Chicagoland Communities

ComEd today announced its first Community Energy Challenge, one of the first of its kind in the nation. A dozen local municipalities have been chosen to participate due to their demonstrated commitment to sustainability. The Challenge will kick off Nov. 12 with a Mayors’ Planning Charrette at the Museum of Science and Industry in Chicago and will... 

PECO Begins Second Round of Bidding for Renewable Energy Credits

For the second time in 2008, PECO is inviting renewable energy producers to submit bids to sell alternative energy “credits” to help the company fulfill the requirements of Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) legislation. The details of the request for proposal (RFP) will be discussed in a teleconference on Monday, November... 

The Brattle Group Projects $1.5 to $2.0 Trillion Investment Needed in the U.S. Electric Utility Industry by 2030

The U.S. utility industry will have to invest between $1.5 and $2.0 trillion between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a new report issued today by The Brattle Group. The findings are detailed in “Transforming America’s Power Industry: The Investment Challenge... 

Duke Energy Signs Used Fuel Contract for Proposed Lee Nuclear Station

Duke Energy has signed a contract with the U.S. Department of Energy (DOE) for the disposal of used nuclear fuel generated at its proposed William States Lee III Nuclear Station. The contract provides for the DOE’s acceptance and permanent disposal of all fuel from the station. For this service, the company will pay a $1 per megawatt-hour fee... 

Platts Survey: October OPEC Oil Output Dropped to 32.26 Mil. Barrels Per Day

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.26 million barrels per day (b/d) of crude oil in October, according to a Platts survey of OPEC and oil industry officials just released. This is a 210,000 b/d decline from the September level of 32.47 million b/d. Excluding Iraq, production from the 12...