Large Natural Gas Marketer to Expand to Electricity Marketing

Repsol Energy North America Corporation intends to expand its services to include the marketing of electricity

Specifically, Repsol has sought electric market-based rate authority from FERC, "in anticipation of entering the business of marketing electric energy, capacity, and ancillary services to wholesale customers."

Currently, Repsol Energy North America's primary business activity is the marketing and trading of natural gas in the United States. RENA does not own, operate, or control any electric generation facilities or sell electric energy, capacity, or ancillary services at wholesale