Message-ID: <13204092.1075855152423.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
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=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
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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


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