Message-ID: <12916017.1075855375633.JavaMail.evans@thyme> Date: Fri, 21 Dec 2001 14:45:00 -0800 (PST) From: ei_editor@platts.com To: einsighthtml@listserv.platts.com Subject: Fitting the bill Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: Energy Insight Editor @ENRON X-To: EINSIGHTHTML@LISTSERV.PLATTS.COM X-cc: X-bcc: X-Folder: \Phillip_Allen_Jan2002_1\Allen, Phillip K.\Deleted Items X-Origin: Allen-P X-FileName: pallen (Non-Privileged).pst =20 The Energy Insight Staff is off for the holidays. We'll be back in the off= ice with new analysis December 26. Happy Holidays! =20 [IMAGE]=09 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =09 [IMAGE] [IMAGE] [= IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMA= GE] [IMAGE] Updated: Dec. 26, 2001 [IMAGE] [IMAGE] [IMA= GE] [IMAGE] [IMAGE] [IMAGE] Fitting the bill Utility asset ma= nagement used to be just about pipes and wires. In the wake of competition = many utilities have reinvented themselves as retail operations whose main a= ssets are customers. [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMA= GE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAG= E] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] Fight over hydro proje= ct could become war Outcome could set precedent for other relicensing Env= ironmental issues may be deciding factor [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [= IMAGE] [IMAGE] Enron auditor, SEC official admit failures Enron w= ithheld vital information Analysts were slow to drop coverage [IMAGE] [I= MAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]= [IMAGE] [IMAGE] [IMAGE] A sci-fi twist in clean coal= research Bioprocessing cleans impurities Scientists create coal-adapted m= icrobes [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] NRC expected to okay inc= reases in output from Exelon units full story... TXU wins okay to sell dis= tribution, generation in UK full story... EEI urges FERC to scale back pro= posed affiliate rule full story... Creditors seek bankruptcy for NYC plant= developer full story... Mirant says power portfolio should be 30,000 MW b= y 2005 full story... AGA survey says gas installed in most new housing ful= l story... El Paso says reaches deal to sell $750M of its stock full story= ... AEP seals $960M deal, buys 4,000 MW from Edison unit full story... Lu= koil-Odessa begins sale of jet fuel in Ukraine full story... New Mexico re= finer to pay $510,000 fine, invest $20M full story... To view all of today= 's Executive News headlines, click here [IMAGE] [IMAGE] [IMAGE= ] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Copyright ? 2001 - Platts, All R= ights Reserved [IMAGE] Market Brief Friday, December 21 Stocks Close = Change % Change DJIA 10,035.34 50.2 0.50% DJ 15 Util. 284.69 (1.3) -0.47% = NASDAQ 1,945.83 27.31 1.42% S&P 500 1,144.89 5.0 0.44% Market Vols Cl= ose Change % Change AMEX (000) 122,558 (36,092.0) -22.75% NASDAQ (000) 2,34= 9,650 330,765.0 16.38% NYSE (000) 1,707,915 272,099.0 18.95% Commodit= ies Close Change % Change Crude Oil (Feb) 19.62 0.32 1.66% Heating Oil (Ja= n) 0.5484 0.002 0.44% Nat. Gas (Henry) 2.895 0.185 6.83% Propane (Jan) 32= .00 0.50 1.59% Palo Verde (Jan) 28.00 0.00 0.00% COB (Jan) 28.00 0.00 0.= 00% PJM (Jan) 31.15 0.00 0.00% Dollar US $ Close Change % Change Austr= alia $ 1.968 (0.008) -0.40% Canada $ 1.59 0.007 0.44% Germany Dmark 2.= 20 0.025 1.15% Euro 0.8880 (0.010) -1.12% Japan ?en 129.6 0.900 0.70% = Mexico NP 9.12 (0.040) -0.44% UK Pound 0.6959 0.0044 0.64% Foreign I= ndices Close Change % Change Arg MerVal 320.46 0.00 0.00% Austr All Ord. 3= ,314.10 27.90 0.85% Braz Bovespa 13368.53 450.39 3.49% Can TSE 300 7528.= 30 73.30 0.98% Germany DAX 5019.01 84.87 1.72% HK HangSeng 11158.1 (443.0= 4) -3.82% Japan Nikkei 225 10335.45 (99.07) -0.95% Mexico IPC 6380.60 117= .31 1.87% UK FTSE 100 5,159.20 79.00 1.56% Source: Yahoo!, Trading= Day.com and NYMEX.com =09 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IM= AGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] = =09 =09 - bug_black.gif=20 - Market briefs.xls