U.S. DEPARTMENT OF ENERGY

Office of Electricity Delivery and
Energy Reliability

ENERGY ASSURANCE DAILY

November 2, 2005

Highlights/Major Developments

Update: Hurricanes Katrina, Rita, and Wilma

For the latest damage assessment and restoration efforts concerning hurricanes, see the latest Gulf Coast Hurricanes situation report from the Office of Electricity Delivery and Energy Reliability (OE) of the U.S. Department of Energy @ http://www.oe.netl.doe.gov. For the statistics on shut-in oil and gas production in the Gulf of Mexico, please click on the following link: http://www.mms.gov/. For statistics on shut-in oil and gas production and pipeline status in Louisiana, please click on the following link: http://dnr.louisiana.gov/sec/execdiv/pubinfo/daily-onshore-prod.ssi

Electricity

SCS to Complete N.Y. Astoria Power Plant in April

SCS Astoria Energy expects the first 500-megawatt phase of a $1 billion natural gas-fired power plant in New York City to enter commercial service in April 2006, a spokesman for the project said Tuesday.

Reuters, 15:09 November 1, 2005

SCE’s 640 MW Big Creek Hydro Unit in CA Cuts Production by ½ on Nov 1

Reuters, 15:42 November 2, 2005

Dynegy-NRG’s 299 MW Encina 4 Gas-fired Unit in CA Shut Nov 1

Reuters, 15:42 November 2, 2005

PG&E’s 407 MW Helms Gen 1 Hydro Unit in CA Shut Nov 1

Reuters, 15:42 November 2, 2005

Constell.’s 830 MW High Desert Gas-fired Unit in CA Shut Oct 21

Reuters, 15:42 November 2, 2005

Reliant’s 741 MW Ormond Beach 1 Gas-fired Unit in CA Shut Nov 1

Reuters, 15:42 November 2, 2005

Mirant’s 317 MW Pittsburg 6 Gas-fired Unit in CA Shut Nov 1

Reuters, 15:42 November 2, 2005

Duke’s 222 MW South Bay 4 Gas-fired Unit in CA Shut Nov 1

Reuters, 15:42 November 2, 2005

OPG's 515 MW Pickering 5 Nuke in ON Shut Nov 2

Reuters, 15:05 November 2, 2005

Duke's 846 MW Oconee 3 Nuke in SC Reduces Power 50 Percent Power on Nov 2

Reuters, 07:21 November 2, 2005

Wisconsin Energy’s 512 MW Point Peach 2 Nuke Unit in WI Starts Shutdown Nov 1

The unit began shutdown due to a degradation of containment coatings. NMC of Hudson, Wisconsin, however, fixed the problem by early Wednesday and expected to keep the unit at about 97 percent of capacity until plant workers can reinspect the degraded coating.

Reuters, 08:00 November 2, 2005

Progress Energy Plans to Build Up to Four Nuclear Reactors

Progress Energy Incorporated announced Tuesday at a public meeting with the Nuclear Regulatory Commission (NRC) that it plans to apply for licenses to build two plants with a total of four nuclear reactors. The company hopes to build one plant in the Carolinas and another plant in Florida. If approved, construction of the plants will begin in 2010, with operation of the first reactors beginning in 2015.

http://www.theledger.com/apps/pbcs.dll/article?AID=/20051101/APF/511010829

NERC OKs ReliabilityFirst as a New Reliability Council

The North American Electric Reliability Council (NERC) approved ReliabilityFirst as the nation's newest regional electric reliability council, the new reliability watchdog said in a release. ReliabilityFirst, which is actively signing up new members interested in the reliability of the grid, will begin full operations on Jan. 1, 2006. ReliabilityFirst will eventually replace three existing Midwest and Mid-Atlantic regional councils: East Central Area Reliability Council (ECAR), Mid-America Interconnected Network (MAIN) and the Mid-Atlantic Area Council (MAAC).

Reuters, 15:28 November 2, 2005

PG&E and Sea Breeze Pacific Mull Undersea Transmission Line

Pacific Gas and Electric and Sea Breeze Pacific West Coast Cable have agreed to study a possible undersea electric transmission linethat wouldbring low cost power from the Pacific Northwest to northern California. The proposed 1,600-megawatt cable wouldstretch 650 miles from a substation in Portland, Oregon, tothe San Francisco Bay Area.

http://pro.energycentral.com/professional/news/power/news_article.cfm?id=6062923

For information on damage and restoration efforts to the electricity infrastructure and the number of power outages due to Hurricanes Katrina, Rita, and Wilma, please see the Gulf Coast Hurricanes situation report from the Office of Electricity Delivery and Energy Reliability (OE) of the U.S. Department of Energy at the following link: http://www.oe.netl.doe.gov

Petroleum

DOE Sees Strong Winter Distillate Imports for US

Mark Maddox, deputy assistant energy secretary at the Department of Energy said today that the DOE expects distillate imports to continue this winter, especially from Asia.

Reuters, 13:10 November 2, 2005

Transocean Rig Order With Anadarko Sets Rate Record

Transocean Inc., the world's largest offshore oil driller, said Anadarko Petroleum Corp. signed three-year contracts for two deepwater rigs, including one that will command a record rental rate. Contracts for the Discover Spirit and Deepwater Millennium drillships will generate a combined $985 million in revenue,

Houston-based Transocean said today in a statement.

Bloomberg News, 12:16 November 2, 2005

For information on damage and restoration efforts to the electricity infrastructure and the number of power outages due to Hurricanes Katrina, Rita, and Wilma, please see the Gulf Coast Hurricanes situation report from the Office of Electricity Delivery and Energy Reliability (OE) of the U.S. Department of Energy at the following link: http://www.oe.netl.doe.gov

Natural Gas

Hardy Storage Approved for Developing West Virginia Natural Gas Project

Hardy Storage’s request to develop a system of underground natural gas storage tanks and gas transmission lines for the delivery of gas to areas in West Virginia, Maryland and Virginia was approved by FERC today. The company plans to convert two partially depleted gas production fields into two storage pools consisting of 29 storage wells and 36 miles of pipeline. The company also plans to build a new 13-mile, 20-inch pipeline to connect the storage facility to Columbia Gas Transmission's main system at its Lost River

Compressor Station.

http://www.platts.com/Natural%20Gas/News/133117.xml?S=n

For information on damage and restoration efforts to the electricity infrastructure and the number of power outages due to Hurricanes Katrina, Rita, and Wilma, please see the Gulf Coast Hurricanes situation report from the Office of Electricity Delivery and Energy Reliability (OE) of the U.S. Department of Energy at the following link: http://www.oe.netl.doe.gov

Other News

Nothing to report.

Energy Prices

Latest (11/02/05) / Week Ago / Year Ago
CRUDE OIL
West Texas Intermediate US
$/Barrel / 59.75 / 62.83 / 49.60
NATURAL GAS
Henry Hub
$/Million Btu / 10.85 / 14.68 / 6.88

Source: Reuters

This Week in Petroleum from the Energy Information Administration (EIA)

http://tonto.eia.doe.gov/oog/info/twip/twip.asp

Updated on Wednesdays

Weekly Petroleum Status Report from EIA
http://www.eia.doe.gov/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/wpsr.html

Updated after 1:00pm (Eastern time) on Wednesdays

Natural Gas Weekly Update from EIA

http://tonto.eia.doe.gov/oog/info/ngw/ngupdate.asp

Updated after 2:00 pm (Eastern time) on Thursdays

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