Russia to launch power capacity market on July 1: energy minister

Moscow (Platts) -- 4Jun2008 -- The Russian government plans to introduce a capacity market for the power
sector on July 1, Russia's new energy minister Sergey Shmatko said Wednesday.
"The government at a recent meeting has asked...

Florida Power & Light seeks unusual mid-year fuel-rate increase

Boston (Platts) -- 4Jun2008 -- Florida Power & Light has filed an unusual mid-year application with the
Florida Public Service Commission seeking approval of a significant increase
in the fuel portion of its retail rates to reflect...

Comverge, SoCal Edison enter into new demand-response contract

Washington (Platts) -- 4Jun2008 -- Demand response provider Comverge has entered into a new contract with
Southern California Edison to implement a virtual peaking capacity program of
up to 40 MW.

The program will use demand-response...

Energy-laden fiscal 2009 budget resolution passes the US Senate

Washington (Platts) -- 4Jun2008 -- The US Senate Wednesday passed its fiscal 2009 budget, which would allow
for $13.4 billion in renewable energy tax incentives and create a reserve fund
for other energy expenditures.

It passed by...

CEE, SEE power prices defy supply-demand logic: Statkraft Markets

London (Platts) -- 5Jun2008 -- Electricity prices in central and south-eastern Europe are not following
the usual supply-demand market signals, Statkraft Markets said Wednesday.

Statkraft Markets is the Germany-based subsidiary...

EU ministers square up over energy unbundling as deadline looms

Brussels (Platts) -- 5Jun2008 -- EU energy ministers are squaring up for a crunch debate on unbundling
when they meet to discuss the European Commission's third energy market
opening package in Luxembourg Friday, diplomatic sources in...

US Senate climate bill stalls; vote on further debate due Friday

Washington (Platts) -- 5Jun2008 -- Movement on the US Senate climate change bill ground to a halt early
Thursday as Majority Leader Harry Reid narrowed the amendment process and
called for a Friday vote on debate on the carbon market legislation.

...

ERCOT calls special meeting on transmission-congestion proposal

Boston (Platts) -- 5Jun2008 -- The Electric Reliability Council of Texas could decide by the end of this
week whether to implement changes to its protocols on how to solve
transmission-congestion problems.

ERCOT's board of directors,...

Power Restored In North Z-ville ...

Some Northend Zanesville customers were left in the dark for part of this morning.

Power trickles on

But thousands still in dark Monday night About six months after December's ice storm, David Williams once again is without power.

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