Small Business Resources, Business Advice and Forms from AllBusiness.com

Reliant shutting down plant.(Strictly Business)

Publication: Mississippi Business Journal
Date: Monday, May 17 2004

CHOCTAW COUNTY -- Reliant Energy has mothballed its 822-megawatt electric generating station in this North Mississippi county. The Houston, Texas based company said the plant is being idled as a result of continued weak wholesale market conditions in the Southeast.

Reliant Energy Choctaw County, commissioned in July 2003, is a natural gas-fired, combined-cycle generating unit. Before deciding to mothball the facility, Reliant offered the output of the plant to the market through a request-for-proposal process; however, responses were insufficient to cover the cash cost

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Criticism and a legal battle dog utility merger
    • FirstEnergy Corp. appeared a savior last year when it bought the floundering electric utility GPU Inc. In addition to delivering first aid, FirstEnergy became the fourth-largest power company in the United States, with operations stretching from Ohio to northern New Jersey. Though the merger was needed to save GPU, some ......
  • New Opportunities, New Competitors
    • strong economy, coupled with the needs of power-hungry technology companies, is whetting New Jersey's appetite for power. But don't add the cost of a windmill to your business plan just yet-indications are the supply of electricity will soon catch up with demand. While experts agree the state and the region ......
  • Power trade: Utilities go to the Net to buy electricity, gas
    • UTILITY COMPANIES are rushing to the Internet to create virtual energy trading floors to compete In increasingly volatile energy markets. Last week Entergy Corp. jumped into the fray by forging an alliance with TradeSpark, a 24-hour on-line marketplace for trading natural gas, electricity, coal, emission credits and other energy-related commodities....
  • Electricity liberalization in the European Union:balancing benefits and risks.
    • The electricity liberalization is contested by many European consumers who hold it responsible for the electricity price increase, but such a conclusion is questionable. As the various spot markets are connected, liberalization will imply a convergence of electricity prices for all European countries if any congestion is observed on the ......
  • A quantitative analysis of pricing behavior in California's wholesale electricity market during summer 2000 +.
    • During the Summer of 2000, wholesale electricity prices in California were nearly 500% higher than they were during the same months in 1998 or 1999. This price explosion was unexpected and has called into question whether electricity restructuring will bring the benefits of competition promised to consumers. The purpose of ......
  • The importance of being enormous
    • In Pennsylvania's deregulated energy market, size really does matter. Just ask Bill Snyder, assistant corporate controller for Fred Bean's Family of Dealerships, the Doylestownbased owner of New Holland Ford Lincoln Mercury Isuzu, Earl Township. Fred Bean's, which owns a total of 13 automobile dealerships in southeastern and Central Pennsylvania, uses ......
  • Reliant Energy's Clean-Coal Plant
    • Jim Talley and his crew of more than 300 United Anco scaffolding erectors are hard at work in the hills near Johnstown, Pa. They are one of nearly 15 subcontractors making the construction of a new Reliant Energy Power Station possible. Since the project is on a tight construction schedule, ......
Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQ's | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report?
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists