Nuclear Plants Get High Marks

The Nuclear Energy Institute reports that nuclear power plants are exceeding performance goals for safety and reliability. In 1995, the U.S. nuclear industry:

s Achieved the highest capability factor ever: a median value of 82.6 percent. (Unit capability is a percentage of the most electricity a plant can produce, limited by plant management.)

s Reduced unplanned automatic shutdowns or scrams by almost 90 percent since 1980.

s Met safety performance in 94 percent of the systems.

Wisconsin Gas Wants Some Competition

Wisconsin Gas Co. has asked the Wisconsin Public Service Commission to approve "GasAdvantage," a pilot that would allow competitors to supply natural gas to 1,000 residential and 1,200 commercial customers starting November 1. Participating customers would have from August 1 to October 15 to choose a specific marketer to serve them for a one-year period. Wisconsin Gas will continue to transport the gas, but customers will be billed by the marketer. Wisconsin Gas proposes to develop standards of business conduct to screen potential marketers.

Calif. Telcos Seeking Compensation

Administrative law judge Barbara Hale has recommended that the California Public Utilities Commission (CPUC) reject requests from Pacific Bell and GTE California for billions of dollars in compensation for financial losses expected from local telephone competition (Docket R95-04-043). Pacific Bell is seeking $3.7 billion over five years; GTE is asking for about $500 million.

Wellhead Prices Drop; Electric Growth Slows

The Energy Information Administration has released its second-quarter Short-Term Energy Outlook projections. Some of its predictions for gas and electric markets:

s Normal temperatures and continued economic growth will raise total annual gas demand in 1996 to a high of 21.9 trillion cubic feet. In 1997, demand is expected to rise 2.7 percent, to 22.5 trillion cubic feet.

Orange & Rockland Asks for Choice

Orange and Rockland Utilities Inc. (O&R) has asked the New York

Public Service Commission (PSC) to approve a rate settlement that includes a proposal for a retail wheeling pilot program, "PowerPick" (Case 95-E-0491).

PowerPick would allow certain large industrial customers to choose their electric suppliers starting June 1, 1996. All other customer classes would be eligible to participate as of January 1, 1997; however, residential participation will be capped at 1,500 customers.

Joules

The U.S. Department of Energy will make $15 million in grants available to those willing to buy early versions of market-ready fuel cells. DOE will provide $1,000 per kilowatt, or up to a third of costs. Assistance will target buyers that want to purchase between 100 and 3,000 kilowatts. The first round of awards will be made by September 30. The application package is available on the Internet at http:/www.metc.doe.gov/business/ solicita.html. A diskette version (WordPerfect 5.2) may be requested by fax: (304) 285-4683, attn: R. Diane Manilla, M.S.

People

Nancy Schultz was promoted to engineering and construction services director at Transcontinental Gas Pipe Line Corp. She joined Transco in 1982.

Columbia Energy Services has hired Greg Davis at its Pittsburgh office. He previously worked for the Natural Gas Clearinghouse and Exxon Corp.

James S. Thomson has joined Consolidated Natural Gas Co. as president of its new subsidiary, CNG International Corp. He last worked at Edison International's Mission Energy Co.

Westinghouse Electric Corp. has promoted Randy H.

Mergers: Driven by Dividends?

The movement to introduce competition in the electricity industry comes at a time when many utilities are already ailing or underperforming. In fact, since 1990, half of U.S. investor-owned utilities (IOUs) have failed to consistently grow their dividends, or have cut or eliminated them altogether. According to a new study by Resource Data International, U.S. Electric Utility Industry Merger and Acquisitions, 1996, the current trend toward mergers and acquisitions is fueled by a desire to improve shareholder returns.