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Industry News 2002 P17



National Energy Marketers Association applauds new energy market design and aggressive actions on corporate wrongdoing
The National Energy Marketers Association on Thursday applauded the government for its prompt and aggressive actions to restore financial integrity in energy and other markets.

Hydro generation decreases cause electricity prices to rise
Wholesale electricity spot prices have been increasing recently at the major western U.S. trading centers due to a decrease in hydrogeneration in the northwest and warmer weather, the EIA reported.

Federal courts report massive jump in bankruptcies
Filings for Chapter 7 bankruptcy protection have broken previous records, with 1.05 million filings in the one-year period that ended March 31, federal courts reported.

Apache Corp. accuses Williams of trying to limit monopoly controls
Apache Corp. on Wednesday accused Williams Cos. of attempting to subvert federal regulators' remaining authority to protect consumers from monopoly pricing on Williams' gas pipelines.

NRC team to discuss inspection at Cooper Nuclear Station at upcoming meeting
A team of NRC inspectors, who recently finished a three-week inspection of the Cooper Nuclear Station, will discuss the results at a public meeting in Peru, Neb., on Aug. 22.

NRC recommends supplemental inspections for pressurized water reactor vessel heads
The NRC has sent a bulletin to companies that hold licenses for operating pressurized water reactors advising them they may need to supplement inspection programs for reactor vessel heads.

American firms can lose big if U.S. inventors don't file on foreign patent rights
U.S. companies that could benefit from new designs for integrated coal gasification combined cycle power systems stand to lose to foreign companies if inventors are not able to file on foreign patent rights.

Wholesale spot power prices remain stable as capacity covers demand
Wholesale electricity spot prices have been relatively stable over the past several days at the major western U.S. trading centers as generation capacity has easily covered electricity demand.

California forges agreements with five energy companies
The state of California has made agreements with five energy companies to change long-term power contracts created when Western market power prices were high in 2001.

California ISO to ignore FERC order on board reorganization
The California Independent System Operator (ISO) has decided to go against an order from the Federal Energy Regulatory Commission (FERC) to restructure its ruling board.

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