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Industry News 2002 P27



ICF Consulting study questions timing of U.S. utilities' withdrawal from Europe
ICF Consulting analysis has shown that the European power markets are about to experience a major upswing, just as a number of U.S.-owned power companies pack up and leave.

Orimulsion: Will it Emerge as a Strong Player in the Global Fossil Fuel Arena?
Orimulsion is a fuel that appears to satisfy most of the basic criteria for competitive power generation, but will it emerge as a strong player in the global fossil fuel market?

Puget Sound Energy expresses surprise at being included in memos
Puget Sound Energy expressed surprise that it was mentioned in a recently released series of memos outlining Enron energy trading strategies and making reference to PSE receiving services from Enron.

FERC demands information from other energy traders after Enron memo
FERC has contacted a large list of energy trading companies to find out whether any of them use similar trading practices as those mentioned by recent Enron memos.

House passes Yucca Mountain override; debate shifts to Senate
The U.S. House of Representatives on Wednesday voted to override Nevada Gov. Kenny Guinn's veto on the use of Yucca Mountain as a nuclear waste storage site.

Commissioners promote demand response at recent PLMA conference
'Demand response should no longer be the exclusive province of retail markets,' according to William Massey, Commissioner of the Federal Energy Regulatory Commission (FERC).

AEP pursuing membership in PJM Interconnection
American Electric Power and the PJM Interconnection, LLC, have entered into a memorandum of understanding that would provide for AEP to join PJM, AEP announced.

New coalition warns of gas supply crunch due to unwarranted price volatility
A new coalition of energy companies and consumers warned that unwarranted price volatility is having a damaging effect on natural gas supply, predicting higher prices for consumers again this year.

FERC tightens thumbscrews on price investigation after reading confidential Enron memos
FERC's Office of Markets, Tariffs and Rates has demanded more information after reviewing some confidential Enron memos which discussed ways to make extra money from the California energy markets.

Cap Gemini Ernst & Young consultant lauds adaptive supply chain in energy, chemical industries
A senior manager with Cap Gemini Ernst & Young advised industry representatives at a conference Tuesday that they should consider transforming their businesses to embrace adaptive supply chains.

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