GRS' FERCwatch - 11/6/01 ,
 GADSDEN RESEARCH SERVICES'
FERCwatch  
 Issued November 6, 2001
 
 
ELECTRIC / HYDRO Report:
 
 
California Independent System Operator Corporation, California Electricity Oversight Board, Public Utilities Commission for the State of California, Pacific Gas and Electric Company, San Diego Gas & Electric Company, and Southern California Edison Company v. Cabrillo Power I LLC, Cabrillo Power II LLC, Duke Energy South Bay, LLC, Geysers Power Company, 
LLC, and Williams Energy Marketing and Trading Company, EL02-15-000 (11/2/01) -- Joint complaint requesting that the Commission institute proceedings to investigate "Fixed Option Payments" payable by the ISO under the respective Reliability Must-Run Contracts between the ISO and each of the named respondents.  Complainants allege that those rates, although differing from contract to contract, exceed just and reasonable levels.
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PSEG Energy Resources & Trade LLC v. New York Independent System Operator, Inc., EL02-16-000 (11/5/01) -- Complaint alleging that the NYISO acted in derogation of its tariff and Commission orders approving Temporary Extraordinary Procedure authority in (i) identifying a purported market flaw associated with bids submitted by an "Energy Limited Resource and (ii) remedying such purported market flaw by re-pricing certain hourly clearing prices in manner inconsistent with its tariff.  PSEG ER&T states that the NYISO's conduct caused it financial harm in the maount of $668,000.
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Vermont Yankee Nuclear Power Corp., ER02-211-000 (10/31/01) -- Agreements to modify the wholesale power contracts between Vermont Yankee and the public utilities that purchase the output of its nuclear generating plant.
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ISO New England Inc., ER02-233-000 (11/1/01) -- Revised tariff sheets updating Attachment A of the ISO's Capital Funding Tariff (CFT) to reflect the addition of the ISO's 2002 capital budget items to the contingent funding mechanism specified in the CFT.
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PJM Interconection, L.L.C., ER02-235-000 (11/1/01) -- Conforming changes and minor revisions to the PJM OATT (Tariff) and Operating Agreement (OA) to reflect all previous changes to the current versions of the Tariff and OA in the versions of that encompass both PJM and PJM West, which will take effect on January 1, 2002.
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Southern California Edison Company, ER01-238-000 (11/1/01) -- Revision to SCE's Transmission Owner Tariff to reflect a change to Reliability Services Rates.
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Duke Energy South Bay, LLC, ER02-239-000 (11/1/01) -- Revisions to its Reliability Must Run Service Agreement with California Independent System Operator.
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Duke Energy Oakland, LLC, ER02-240-000 (11/1/01) -- Revisions to  Reliability Must Run Service Agreement with California Independent System Operator.
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Boston Edison Company, ER02-246-000 (11/1/01) -- Letter enclosing Market Based Tariffs and a request for waiver of the Commission's notice of filing requirements to allow the new tariffs to become effective on November 2, 2001.
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ISO New England Inc., ER02-249-000 (11/01/01) -- Revised tariff sheets to the ISO's Tariff for Transmission Dispatch and Power Administration Services for Recovery of 2002 Administrative Costs.
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California Independent System Operator Corporation, ER02-250-000 (11/2/01) -- 2002 Grid Management Charge filing to allow the ISO to recover its administrative and operating costs, including costs incurred in establishing  the ISO before operations commenced.
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NATURAL GAS / OIL Report:
 
Plantation Pipe Line Company, OR02-1-000 (11/02/01) -- Petition for Declaratory Order regarding the lawfulness and regulatory effect of certain proposed joint rate arrangements in connection with proposed new pipeline service to Chattanooga and Knoxville, Tennessee to be offered in connection with a newly-formed pipeline affiliate.  The new pipeline affiliate would build a new 16-inch pipeline to serve the Chattanooga and Knoxville markets with an estimated capacity of 90,000 barrels/day.  Plantation and the new pipeline propose to file joint tariffs for transportation service from Baton Rouge and other origins on the Plantation system to those markets.  Plantation is owned jointly by Kinder Morgan and ExxonMobil.

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Eastern Shore Natural Gas Company, RP02-34-000 (10/31/01) -- Section 4 general rate increase filing.
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Texas Eastern Transmission LP, RP02-36-000 (10/31/01) -- Annual Applicable Shrinkage Adjustment and Global Settlement Compliance filing (1) providing the final report on recovery of Order No. 636 transition costs and returning to Texas Eastern's customers the excess collection of Non-Spot Costs, by crediting the ASA Deferred Account; (2) providing the Annual Interruptible Revenue Reconciliation Report under the Amended Global Settlement which reflects a credit to the ASA Deferred Account of $207,462; (3) reducing by approximately 30% the level of Texas Eastern's ASA Aurcharges included in rates pursuant to an Interim ASA filing accepted by Commission orders issued May 25, 2001 and October 15, 2001; and (4) reflecting minor changes in Texas Eastern's ASA percentages.
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Texas Eastern Transmission LP, RP02-37-000 (10/31/01) -- Filing in compliance with the Phase II/PCBs settlement in RP88-67, et al. to reflect an increase in the PCB-Related Cost component of Texas Eastern's currently effective rates.
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