![](media/image1.jpeg){width="8.5in" height="3.5027777777777778in"}U.S.
DEPARTMENT OF ENERGY

**Office of Energy Assurance**

**ENERGY ASSURANCE DAILY**

**January 24, 2005**

**Highlights / Major Developments**

**Correction \-- First New U.S. LNG Terminal Since 1982 Cost of Terminal
Clarified**

Today EAD confirmed with Excelerate Energy Vice President Rob Bryngelson
that the cost of the Gulf Gateway Energy Bridge LNG regasification
project in the Gulf of Mexico is between \$65 and \$70 million dollars,
not the \$700 million reported by a news service on Friday.

**Electricity\
**

# Excessive Demand on Frigid Morning Triggers Power Outage A**LBANY, Ga. -** About 23,000 residents were left without power Monday, as people began waking up to one of the most frigid days of the winter. Lorie Farkas, spokeswoman for the Albany Water Gas & and Water Department, said unusual electrical demand, following a night when temperatures plunged into the teens, created an overload that tripped a switch at a Georgia Power Co. substation. Farkas said the outage occurred about 5 a.m., as people began waking up, cranking up thermostats to warm their homes and using electric appliances to make coffee and cook breakfast. The outage affected customers in neighborhoods in South and North Albany. Workers restored power to most within a couple of hours, but 200 remained without electricity until 10 a.m., Farkas said. [**http://www.macon.com/mld/macon/news/local/10721776.htm**](http://www.macon.com/mld/macon/news/local/10721776.htm)

# 

**Snow, Sleet Clear Up; Wind and Bitter Cold Remain Across NC**\
Duke Power reported that 14,700 customers - mostly in Catawba, Iredell
and Lincoln counties - were without power. The cold weather puts extra
demand on the power grid and can lead to equipment problems, Duke
spokesman Tim Pettit said. In Henderson County, about 7,200 Duke Power
customers lost service Sunday after winds up to 30 mph downed trees and
leveled power lines Sunday. Just over 400 residents remained without
power. Z\
<http://www.charlotte.com/mld/observer/news/local/10717073.htm?1c>

### Power Failure in New York

About 15,000 electricity customers have their power back on tonight.
Rochester Gas and Electric says power users in Chili, Parma, Ogden,
Greece and Gates were affected by the outage for about an hour and a
half.  A car hit a pole and took down high-voltage lines on Manitou
Road. Electricity was restored just before 7 p.m.

<http://www.wroctv.com/news/story.asp?id=16513&r=l>\
<http://www.rnews.com/Story_2004.cfm?ID=24045&rnews_story_type=18>

# Blustery Storm Whips Up Havoc in Iowa

High winds with gusts that topped 60 mph lashed Iowa early Saturday and
contributed to at least one traffic death. Thousands, meanwhile, were
without power for several hours after winds tore loose power lines in
several spots around the state. Northeast Iowa recorded the heaviest
snow and strongest winds. The area saw from 3 to 7 inches of snow. A
gust was recorded at 64 mph in Grundy Center about 8 a.m. Wind chill
readings were driven to 30 degrees below zero.\
<http://desmoinesregister.com/apps/pbcs.dll/article?AID=/20050123/NEWS08/501230337/1001/NEWS&lead=1>

**Con Edison Sets New Records for Winter Electric Use**

Consolidated Edison Company of New York, Inc. (Con Edison) said today
that the company set new records for weekend electricity use this past
Saturday and Sunday. On January 22, a new Saturday peak-load record of
7,934 megawatts was reached, followed by a new Sunday record of 7,846 on
January 23. Both days eclipsed marks established last winter. The
continuing cold has also accounted for five of the company\'s 10-highest
peak loads for winter weekdays, with the other five highest occurring
last winter.

Reuters 12:37, January 24, 2005

**AEP Michigan Cook 2 Nuke Up to 70 Pct Power**

Ohio-based American Electric Power Co Inc. expects its 1,090-megawatt
unit 2 at the Cook 2 nuclear generating station in Michigan to return to
full power soon, over the weekend, AEP took the unit off line to look
into a problem with a control rod drive mechanism, a spokesman said.
Plant engineers replaced a part and returned the unit to service. By
early Monday, it was up to 70 percent of capacity. The 2,125 MW Cook
station is located the town of Bridgman in Berrien County about 80 miles
east of Chicago.

Reuters 09:24, January 24, 2005

**Bruce Power Ontario Bruce 6 Nuke Shut**

Ontario-based Bruce Power\'s 825-megawatt unit 6 at the Bruce B nuclear
station in Ontario shut on January 22 to perform maintenance on its heat
transport system, the energy company said in a statement. The Bruce
station is located in Tiverton about 155 miles northwest of Toronto.

Reuters 07:56, January 24, 2005

**Reliant California. Coolwater Units 3 & 4 Shut**

Houston-based Reliant Energy Inc.\'s 245-megawatt units 3 and 4 at the
Coolwater natural gas-fired power station in California shut by late
Sunday, the California Independent System Operator said in a report. On
Friday, the units were available for service but not necessarily
operating depending on economics. The 655 MW Coolwater station is
located in Barstow in San Bernardino County about 115 miles northeast of
Los Angeles.

Reuters 07:43, January 24, 2005

**Ameren Callaway Nuke Back at Full Power**

St. Louis-based energy company Ameren Corp.\'s 1,125-megawatt Callaway
nuclear generating station in Missouri exited an outage and ramped up to
full power by early Monday, the U.S. Nuclear Regulatory Commission said
in its daily power reactor status report. The unit shut on January 19
due to the momentary loss of power by a backup system as plant engineers
were replacing a failed primary power system that supplies electricity
to some instruments. The Callaway station is located in the town of
Fulton in Callaway County about 110 miles west of St. Louis.

Reuters 07:17, January 24, 2005.

**Power Restored After Toronto Blackout**

A large part of downtown Toronto was without power for nearly 11 hours
on Sunday after a broken water main flooded an electrical station. The
power was restored just after 7 p.m. (2400 GMT) in the core of Canada\'s
most populous city, officials said. Several major hospitals and hotels
were forced to rely on emergency power generators. The outage also hit
Toronto\'s city hall and shuttered the downtown shopping district.

Reuters, 20:42, January 24, 2005

**Petroleum\
**

**Iraq\'s South Oil Resumes Exports; Sabotage Is Concern\
**Iraq\'s state-run South Oil Co. resumed oil exports at a rate of 1.5
million barrels a day from terminals south of Basra after sabotage to
power equipment cut flows yesterday. \`\`There are continuing problems
with our power supplies being cut by sabotage,\'\' Jabbar al Leaby,
director general of South Oil Co., said in a telephone interview from
Basra today.

Bloomberg 08:43, January 24, 2005

**Norway Agency OKs Statoil Production Plan**\
The Norwegian Petroleum Safety Authority on Monday approved Statoil
ASA\'s plan to resume full production from its Snorre A field, which was
shut down by a Nov. 28 natural gas leak. Full production from the Snorre
A and nearby Vigdis fields would restore about 205,000 barrels a day of
production, or some 6.4 percent of this Nordic country\'s 3.2 million
barrel per day capacity. On Jan. 14, the authority granted permission to
resume about 100,000 barrels per day of production from Snorre A
satellite field that were not affected by the natural gas leak.

<http://biz.yahoo.com/ap/050124/norway_statoil_2.html>

**[Price Spike Puts OPEC on the
Spot](http://www.energyintel.com/DocumentDetail.asp?document_id=139504)\
**Opec will be walking a tightrope when ministers meet yet again at the
end of this month. While second quarter demand forecasts create space
for a possible supply cut, sky-high oil prices and tight inventories
speak for more oil, not less. But some ministers contend that supply is
more than adequate, if not excessive. And Opec officials point to a
modest stock build to back them up. But to others \-- not least the IEA
\-- a cut is unthinkable when prices are so high and stocks are so low.
(Monday, January 24, 2005)

Petroleum Intelligence Weekly January 24, 2005

<http://www.energyintel.com/PublicationHomePage.asp?publication_id=4>

**Natural Gas**

**[Deep Freeze in Northeast Spikes Constrained Gas Markets to
\$45](http://www.energyintel.com/DocumentDetail.asp?document_id=139843)\
**Constraints in the US Northeast pipeline delivery system were exposed
again last week by a powerful front of arctic air that sent prices into
New York as high as \$45/MMBtu, or the equivalent of \$270 per barrel of
oil. The regional fireworks aside, the response elsewhere to the
widespread cold was much less bullish, underscoring the high state of
storage inventories.

Natural Gas Week, January 24, 2005.

<http://www.energyintel.com/PublicationHomePage.asp?publication_id=4>

**[Florida PSC Wary of Utilities\' Growing Use of Gas-Fired
Power](http://www.energyintel.com/DocumentDetail.asp?document_id=139828)\
**The Sunshine State may again see a supply crisis for a predominate
fuel for power generation. But this time it could be natural gas.

Natural Gas Week, January 24, 2005.

<http://www.energyintel.com/PublicationHomePage.asp?publication_id=4>

**Other News**

Nothing to report.

**Energy Prices**

+-------------------------------+-----------+-----------+------------+
|                               | **Latest  | **Week    | **Year     |
|                               | (1        | Ago**     | Ago**      |
|                               | /24/05)** |           |            |
+-------------------------------+-----------+-----------+------------+
| **CRUDE OIL**                 | 48.61     | 48.01     | 34.71      |
|                               |           |           |            |
| **West Texas Intermediate     |           |           |            |
| US**                          |           |           |            |
|                               |           |           |            |
| \$/Barrel                     |           |           |            |
+-------------------------------+-----------+-----------+------------+
| **NATURAL GAS**               | 6.41      | 6.45      | 5.70       |
|                               |           |           |            |
| **Henry Hub**                 |           |           |            |
|                               |           |           |            |
| \$/Million Btu                |           |           |            |
+-------------------------------+-----------+-----------+------------+

> Source: Reuters

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

[*http://tonto.eia.doe.gov/oog/info/twip/twip.asp*](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*](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*](http://tonto.eia.doe.gov/oog/info/ngw/ngupdate.asp)

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