Message-ID: <4674893.1075857052762.JavaMail.evans@thyme> Date: Tue, 12 Dec 2000 15:44:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 13 December 2000 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "The Power Marketing Association" <pmadpr@worldnet.att.net> X-To: X-cc: X-bcc: X-Folder: \Vincent_Kaminski_Jun2001_9\Notes Folders\Notes inbox X-Origin: Kaminski-V X-FileName: vkamins.nsf Attention POWER REPORT Readers: Go to http://www.powermarketers.com/prdaily.htm to view today's edition with direct headline links to each story.] ====================================================================== The Industry's Preferred Source For Breaking Energy News And Information http://www.powermarketers.com ---------------------------------------------------------------------- T H E P O W E R M A R K E T E R S .C O M P O W E R R E P O R T Today's Headlines From POWERMARKETERS.COM Subscriptions to The PowerMarketers.com Power Report are free - you will never be charged. 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To register for a free subscription, point your browser to: http://www.retailenergy.com/pma/dprreg.htm ************************************************************************ ------Advertisement------ THE ENERGY INFO SOURCE TRANSMISSION REPORT (December 2000 Edition) * Detailed Analysis of October 15th RTO and ISO Filings * Transcos and Gridcos * Maps of Transco and RTO areas * Much, much more. http://www.pmaconference.com/Transmission.pdf FINANCIAL TIMES NORTH AMERICAN ELECTRIC POWER SYSTEM WALL MAP Special Holiday Offer-- $100 Off if Ordered by New Years! http://www.pmaconference.com/powermaps.pdf ************************************************************************ ------Advertisement------ MANAGING THE RISK OF RETAIL OPERATIONS -- January 18-19, 2001, Orlando http://www.pmaconference.com/retailrisk1.18.pdf NUCLEAR ASSET DIVESTITURE -- Jan 30-Feb 1 , New Orleans http://www.pmaconference.com/nuc-ebro.pdf POWER MARKETS 2001 --MARCH 14-16, 2001 LAS VEGAS, NEVADA >>>> Now Available: Exhibition Space and Sponsorships http://www.pmaconference.com/0103Agenda.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (December 12) CALPINE PLANT - 2: TO OPERATE IN JUNE 2004 IF APPROVED Calpine Corp. is considering building a $550 million, 1,100-megawatt electric generating plant to power one million homes in northern California. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/12/eng-djn/eng-djn_152023_108_913150113076 'KILOWATT DIVIDE' SEPARATES WINNERS, LOSERS IN CALIFORNIA ENERGY CRISIS There were fresh signs Monday that California's flawed electricity market is dividing the state's power players into winners and losers. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/12/krtbn/0000-0285-OC-ENERGY-CRISIS MIDWEST GRID OPERATOR MUST MERGE OR EXPAND TO SURVIVE - CEO The Midwest Independent System Operator Inc., wracked by three significant defections, must either expand or reach an agreement to combine with its main competitor if it is to remain viable, the emerging grid operator's chief executive said Tuesday. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/12/eng-djn/eng-djn_164024_196_066375742666 US ENERGY SECRETARY WARNS POWER PRODUCERS IN WEST ON PRICES As California's electricity system teeters on the brink of collapse, U.S. Energy Secretary Bill Richardson warned power producers not to attempt to take advantage of the power-supply crisis. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/12/eng-djn/eng-djn_170027_216_596333063208 NIAGARA MOWHAWK, NYSEG, ROCHESTER GAS & ELECTRIC AND CENTRAL HUDSON TO SELL NINE MILE POINT NUCLEAR ASSETS IN DEAL VALUED AT $1.04 BILLION Niagara Mohawk Power Corp. will sell its ownership of the Nine Mile Point 1 and 2 nuclear plants, and New York State Electric & Gas Corp., Rochester Gas and Electric Corp., and Central Hudson Gas & Electric Corp. have agreed to sell their ownership of the Nine Mile 2 nuclear plant, to Constellation Nuclear, under an agreement announced today. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2 000/12/12/pr/0000-0884-ny-niagaramohawk9mile ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Gener Chile/Ownership Cap -3: Dec 26 Deadline For ADS Gener Chile/Ownership Cap -2: 95% Of Stockowners Vote Yes US Northeast Hit With Strong Winds; Snow Over S Plains Problems Sideline Amtrak's New Acela Express On 2nd Day Gener Chile Shareholders Lift Ownership Cap Ercot Sees Pwr Use Surpass 42,400 MW, 8.7% Above '99 High AES/Chile's Gener -3: $16.5/ADS, CLP139.81/Local Share US Energy Secretary Warns -2: Kaiser Defends Remarketing Northwest Power Pool -3: Normal Temperatures Seen Wkend AES/Chile's Gener -2: Rumored To Up Price To $16.50/ADS US Appeals Court Denies Govt's Appeal On Nuclear Waste Northwest Power Pool -2: Temperatures Higher Than Thought US Energy Secretary Warns Pwr Producers In West On Prices Northwest Power Pool Calls Off All Electricity Warnings Business News From The New Zealand Press Wednesday Midwest Grid Oper Must Merge Or Expand To Survive -CEO In Time For Christmas, Chinese Video Piracy Thriving Calpine Plant -2: To Operate In June '04 If Approved >CPN Calpine Corp. Mulls $550M Calif Power Plant >CPN Chile Sec Law Likely In Force Before AES Tender -Official TXU Closes Paris Office Due To Slow Elec Liberalization Revised Palo Verde Futures Vol. Dec. 11, 0 California Utility Bonds Hit Sector On Power Crisis Bonneville: Elec Emergency Putting Water System At Risk AES Tender For Chile's Gener Should Clear One Hurdle PowerGen/RWE/Stake Sale -3: Completes LG&E Deal >G.RWE Fitch Lowers Debt Ratings On SoCal Edison, Edison Intl. Transalta Stops Pwr Sales To Cal-ISO; Questions Credit FREE TRIAL: For a free trial of the Dow Jones Energy Service go to www.dowjonesnews.com, and click "create account," or call 1-800-223-2274. ---------------------------------------------------------------------- N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-nat.htm California Power Crunch Eases Slightly Centrica PLC - Builds Its Energy Retailing Operations in North America Devon Energy Corp - Gulf of Mexico Discovery Lexxor Energy Inc - Financing Update California ISO Issues Stage Two Electrical Emergency Stone Energy Corporation And Basin Exploration, Inc. Announce Date And Locations of Their Special Meetings of Stockholders Relating to Their Proposed Merger Higher Prices Prompt Call for Energy Policy Los Angeles Has Adequate Power Supplies; Plans to Sell All Excess Energy Within California Manufacturer Makes More Selling Power The Empire District Electric Company Receives Orders from Oklahoma And Arkansas Commissions We Dodged One - This Time Electricity: Forecast Deep Cold Doesn't Materialize; Tacoma Power Fills Bill Hearing Offers No Immediate Answers to Natural Gas Crunch The New Power Company 'First Mover' in Texas; Company Certified to Provide Residential And Small Commercial Electricity Service Avista Utilities Selects Resources to Meet Long Range Energy NeedsCoyote Springs 2 Expected to Bring 280 Megawatts Online for Avista Utilities Customers Starting in The Year 2002 Department of Energy Nati Nal Energy Technology Laboratory Notice of Availability of A Financial Assistance Solicitation Fluor to enter S&P 500 Dec 21, replacing Massey Energy Lincoln Utility Seeks Telecom Role US/Canada Spot Natural Gas: Slides As West Energy Crisis Eases Shell And Bechtel Enterprises Complete Deal to Expand Intergen Joint Venture Aligning Power Generation with Marketing And Trading Nui Ventures Focuses on Benefits of Fuel Cells And New Energy Technologies PSE&G Customers Restored to Power Leading Online Auctioneer uBid.com To Power About.com, Inc.'s Auctions Regional Warning of Power Shortage Called Off Low Temperatures Fuel Record High in Natural Gas Price Salmon Protection Complicated by Power Demand Great River Energy Board Approves Business Financing Program Fund Continued Conservation Urged As Another Stage One Electrical Emergency Is Declared; Media Teleconferences Continue Through the Week Azcentral.com - New Economy Puts Strain on Old Power Plants Power Shortage Unlikely During Winter in State Osprey Energy Ltd. Open-C Selects Sierra Systems As Implementation Partner at Wps Resources Corp.Sierra Systems Signs Contract to Implement New Customer-Care Platform at Wisconsin-Based Electric And Gas Utility Teco Power Services Announces Executive Promotions General Services Administration, Smithsonian Institution And Washington Gas Unveil Advanced Cogeneration Power And Cooling Project; Ceremony Highlights Energy Efficiencies, Environmental Advantages And Financial Benefits of Project 24 Firms to Study Wind Power Generation in Tokyo Area Calpine Proposes $550 Million Power Facility for Site Near Tracy Ocean Power Corporation Sigma/Statoil Update Ohioans Turning to Electric Choice Answer Center And Web Site in Large Numbers Aluminum-Power's Fuel Cell Featured in Scientific American ReportPerformance Exceeds All Conventional Batteries Gothic Energy Corporation Announces Approval of Merger with Chesapeake Energy Corporation Lukens Energy Group Announces Business Developments; Name Change, Reorganization And Canada Office Peco Energy Restores More Than 34,000 Outages Tradewell Systems' Excellerator Delivers the Power of Success to Texaco Natural Gas Inc. Corn Belt Energy's Plans Could Ignite Demand for Coal Ppl Crews Respond Quickly to Wind Storm Outages; Service Restored to 39,000 Since Early Morning Energy Center Proposed for Northern California Centrica Builds Its Energy Retailing Operations in North America Mitchell Energy Updates Exploration And Development Results Midwest's First Major Winter Storm Grazes ST. Louis Area Escapes Heavy Snow, But Fierce Wind, Bitter Cold Connect with A Punishing Blow DTE Energy Declares Dividend Aluminum-Power's Fuel Cell Featured in Scientific American Report Enhanced Energy Announces Special Meeting of Shareholders Power Outages - Harbinger of Things to Come to Be Held by The Strategic Research Institute in Washington, DC at The Washington Marriott on February 12 & 13, 2001 Myutility Chosen to Present at Angel Society Pipeline; Energy Efficiency Solutions Provider Closes Acquisition And Investment Natural Gas Prices, Chills Create Big Bills Nevada Power to Sell Plant Stake Electricity Crisis Puts PG&E in A Cash Bind / Utility Is Borrowing $1million Per Hour Greens Lobby for Natural Gas Buses / Santa Clara Could Get Improved Diesel Faster Trade-Ranger Drives the Openness of E-Business Platforms in The Energy Industry Srs Saves Florence, S.C. School District More Than Half a Million Dollars Annually with Energy Upgrades Ivanhoe Energy Enters Prolific Natural Gas Play in Bossier Trend, Texas Mayor Wants an Energy 'Wrong' Righted Honeywell Selects M-Systems' Diskonchip As Flash Disk in Next Generation Integrated Avionics System Southern Energy National Power Index to Be Compiled And Distributed Daily by Dow Jones Newswires Transcanada Energy Purchases Allegro Development's Power And Risk Management Products Cold Weather Makes Coal Stoves Hot Top Energy Summaries - Tuesday, December 12, 2000 - 7:42 Am PSC Staff Supports Florida Power Plant Avista Utilities Selects Resources to Meet Long Range Energy Needs Power Shortages Niagara Mohawk, Nyseg, Rochester Gas And Electric And Central Hudson to Sell Nine Mile Point Nuclear Assets to Constellation Nuclear in Deal Valued at $1.04 BillionValue Includes $815 Million in Cash And Payments, $134 Million in Interest And $88 Million in Decommission Savings Myutility Acquires National Grid's Teldata Solutions Business; Energy Efficiency Solutions Provider Closes Acquisition And Investment Energy Expert: Deregulation's Working Outside of California Wind Generators Popping Up in Wis. State Telecom Industry Argues Against Turf Encroachment By Public Power CLP Holdings, CLP Power issuer ratings affirmed by Moody's ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm United Nations Hails Ukrainian Closure of Chernobyl Power Plant Top Energy Summaries - Tuesday, December 12, 2000 - 5:34 PM Bpa: Kaiser Must Prove Power Sale "in Spirit" of Bpa Contract Zimbabwe Signs Power Deal with South African Company Top Energy Summaries - Tuesday, December 12, 2000 - 4:31 PM Ocean Power Corporation Sigma/Statoil Update Dark Christmas: Energy Crisis Drifts Toward a Political Struggle Nepal: Hydro-Electric Project Fails to Meet Target Owing to Water Shortage France Nov CPI rise largely due to increased energy prices - INSEE SAN Diego: Sempra Energy Sells Stake in Energy America to Centrica Pakistan's Chasma Power Plant Ready to Start Operations Battersea Power Station Could Be Turned Into Circus Oggy Hands Out Awards to Young Energy-Savers Belarus Reports Completion of Power Line to Europe Centrica Builds Its Energy Retailing Operations in North America Polish Power Exchange: Hourly Prices And Demand for Wednesday PowerGen sells stake in Portuguese power station to RWE for 110 mln stg cash S Korea's Energy Consumption Drops in November Siemens Solar, Shell Int'l Discussing Solar Power JV Indian power sector employees on token strike to protest privatisation Profile - China's Coal Industry (December 2000) CMS Energy Accepts Investment Loss on Australian Loy Yang Plant ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Pennsylvania Officials Allow Utility to Raise Rates on Natural Gas Warning Issued on Possible Northwest Power Blackouts Utah Power Asks Electrical Consumers to Make Voluntary Cutbacks Avista Utilities Prepares for Power Crunch in Pacific Northwest ST. Louis-Area Gas Company Gets Few Complaints About Bills Disabled Power Plants in California Go Back Online Seattle Electric Utility Won'T Extend Deal with Nordstrom Wells Fargo, Portland, Ore., Utility Divert Funds from Boy Scouts Emergency Power Shortage Warnings Remain in Effect in Portland, Ore., Area `Kilowatt Divide' Separates Winners, Losers in California Energy Crisis New York-Based Utility Coned Says It Has Time to Decide on Merger Waterford, Conn., Nuclear Plant Operators Misplace Fuel Rods Officials Cite Utility for Violation at Waterford, Conn.-Area Nuclear Plant Utility Firms to Appeal Arkansas Judge's Recommendation on Merger New Jersey Water Company CEO Retires Early Colorado Springs, Colo.-Area Residents to See Rise in Heating Bills Power Woes Stop Short of Outage in Fresno, Calif., Area California Investigators Inspect Power Plants to Avert Crisis California Declares Stage 3 Power Emergency California Lawmakers Attempt to Deal with State Energy Crisis San Diego Farmers May Create Energy CO-OP Due to High Prices California Power System Teeters Near Blackout Three Firms to Sell Natural Gas Instead of Selling Products That Use It Charlotte, N.C.-Based Duke Energy Taps British Telecom Executive for Top Post Niagara Mohawk Power Is Linked to Hudson River PCB Cleanup in Letter GE Fights River Dredging Proposal for Variety of Reasons -CEO of San Antonio, Texas, Energy Firm Receives Horatio Alger Award -Vectren Corp. to Close Downtown Indianapolis Offices -Retired Workers of Oak Ridge, Tenn., Energy Facility Press for Pension Hike -Natural Gas Futures Rise Beyond $1 To Record -Natural Gas Prices Increase, Oklahoma Utilities Stand By Price Predictions -Georgia Governor Wants GE Power Division's Headquarters in Atlant ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html Peru's Luz says places bonds worth $15 mln Arkansas Public Service Commission rules against merger Slim relief in sight for strained Western power grid U.N.'s Annan hails Chernobyl nuclear plant closing Workers in bias suit seek Southern Co. papers Calif. needs short-term remedies to fix power market S&P may cut Cinergy Corp ratings Moody's revises Constellation Energy outlook S&P affirms Calpine Corp BB-plus ratings U.S. Energy secretary to attend Chernobyl closure ceremony UPDATE 2-Constellation wins Nine Mile nuclear bid Brascan bids for full ownership of Great Lakes Power Cinergy to buy two power plants from Enron Riva cancels some power contracts under protest Spain to boost renewable energy use by 2010 US seeks to stop Kaiser from re-selling power About 1,000 ComEd users lack power after storm Richardson warns US power suppliers not to hike prices New Jersey Resources targets 7-9 pct 2001 EPS growth Wisc. Public Service and Wisc. Fuel & Light merger approved NYMEX halts gas trade for 15 mins on limit-down price move UPDATE 1-Indian power workers stage strike against reforms EnronIndia unit local lenders to cut rates HEW likely to take control of Veag-paper UPDATE 1-Powergen sells Portugal Turbogas stake for 110m stg UPDATE 1-Powergen sells Portugal Turbogas stake for 110m stg Australia Loy Yang Power buyer search wound down Centrica to own 100 pct of Energy America FEATURE-Ukraine energy sector to survive Chernobyl closure ********************************************************* NEW on the POWERMARKETERS.COM TRAINING PAGE ********************************************************* Access all online presentations at: http://www.pmaconference.com New! Now you can choose to stream the presentation immediately over the web, or download it to your computer for later viewing-- Free! New! Five additional RealVideo-based powerpoint-based presentations, with the accompanying audio. Running about 30 minutes each, the new selections include: ELECTRONIC TRADING. Power is following natural gas to become an electronically-traded commodity. The products, the technology and the future of electricity transactions. Kevin Sluder, Vice President, HoustonStreet Exchange. NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing operation together-- the cash and credit requirements, back office, information technology, staffing, marketing, sales and organizational considerations. Andrew Serri, Vice President, AmerenEnergy Marketing. RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus far been an underwhelming success, but a great deal has been learned, and it is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone MANAGING BILLING. The complex requirements for managing billing and commodities in the deregulating energy industry cannot be met with current CIS and CRM technology. Energy Retailers must embrace the next evolution of energy customer management (ECM) solutions. Paul Grey, Chief Technology Officer, Peace Software. THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster execution, reduced transaction costs, increased number and frequency of transactions and increased specialization are just some of the changes to energy markets wrought by the web, and it's just beginning. Implecations of the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and Director, Altra Energy Technologies. 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PMA ONLINE MAGAZINE: Access online at: http://www.retailenergy.com/pmamag.htm News releases may be submitted to The PowerMarketers.com Power Report via e-mail to news@powermarketers.com Copyright 2000 by PowerMarketers.com: http://www.powermarketers.com/ The PowerMarketers.com Power Report is a complimentary service of The Power Marketing Association. Headlines are copyrighted by their respective services: Reuters, Knight-Ridder, and others. Subscriptions to the PowerMarketers.com Power Report are free - you will never be charged. You may redistribute this e-mail without change. You may not redistribute stories. To register for a free subscription, point your browser to: http://www.retailenergy.com/pma/dprreg.htm TO UNSUBSCRIBE OR CHANGE your subscription, (1) point your browser to "The PMA OnLine Power Report" subscription services form at http://www.retailenergy.com/pma/dprreg.htm OR (2) , send a message to pma@powermarketers.com. 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