Buying and selling power: more dramatic changes on the horizon

A corporate profile of Engage Energy Inc., was presented. The joint venture between the Coastal Corporation and Westcoast Energy Inc., Engage Energy was the first major Canada/US gas and power marketing partnership. Key products and services are pricing services, risk management services, energy management services, and structured products. Major factors driving retail open access and the trend towards convergence even beyond gas and electricity to include water, telephone, cable TV, home security, Internet access, appliance sale and maintenance were reviewed. The relationship between the deregulated marketplace and price stability, and other gas-electric interface issues were also explored. 11 figs