Message-ID: <14618107.1075860752167.JavaMail.evans@thyme> Date: Thu, 7 Feb 2002 04:56:22 -0800 (PST) From: bruno@eyeforenergy.com To: energynews@fc.ease.lsoft.com Subject: h: Eyeforenergy Briefing Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Eyeforenergy @ENRON X-To: ENERGYNEWS@FC.EASE.LSOFT.COM X-cc: X-bcc: X-Folder: \Darrell_Schoolcraft_Mar2002\Schoolcraft, Darrell\Inbox\Junk X-Origin: Schoolcraft-D X-FileName: dschool (Non-Privileged).pst http://www.eyeforenergy.com/newsletter/newsletter_070202.html [IMAGE]=09[IMAGE]=09=09=09=09[IMAGE][IMAGE][IMAGE] HOME =09 EVENTS =09ADVERTISE =09INDUSTRY DIRECTORY =09[IMAGE]=09[IMAGE]=09 Thursday, February 7, 2002 Issue 46 EDITORIAL The hottest topic in t= he energy industry this week remains the Enron disaster... ...with Mr. L= ay not showing up to testify in front of Congress, and attempting to dodge = a subpoena. The Enron fallout continues to threaten not only the wholesale= energy trading sector but the energy sector as a whole as companies retren= ch to shore up balance sheets after downgradings by the market analysts. I= s Mirant's pull out in Europe and the continued French resistance to deregu= lation threatening to put the breaks on the developing energy trading marke= t in Europe or simply a bump in the road? We'll be keeping an eye on it, a= nd it'll certainly be the topic of conversation at the upcoming Energy Exch= anges Online show in Amsterdam. This week's briefing includes an article = on a developing market within the energy industry--strategic energy managem= ent for corporate customers. Once large companies could count on their uti= lity bills to be a constant monthly amount --well no longer. With deregula= tion, price spikes, the development of the wholesale trading market, energy= purchasers have been forced to become savvy comparison shoppers and risk m= anagers all rolled into one. Al Massey's article takes a look at what this= developing market means both for the companies supplying the energy and th= e companies purchasing it. In fact we think it's such an important topic f= or the energy sector, we'll be running a conference in Philadelphia this Ju= ne, Strategic Energy Management for Corporate Buyers and Suppliers. For m= ore information drop our conference organizer, Meabh Quoirin a line at mquo= irin@eyeforenergy.com . Our other article takes a look at some of the rec= ent developments in the green energy market. There's a lot going on in thi= s area, and we're even shipping our journalist off on a field trip to a win= d farm to give us a first hand look for an upcoming briefing. As you all = no doubt know, the Eyeforenergy team will be heading off to Amsterdam at th= e end of next week to prepare for our Weather, Emissions and Energy Trading= conference extravaganza. We're looking forward to seeing a large number o= f you there, and for those of you who can't make it, we'll have a number of= reports in the next briefing on what our speakers had to say, what the lat= est buzz in the industry is and what you need to look out for in the upcomi= ng months. --Allison Robertshaw, Editor FOCUS Managing Energy Reso= urces in the Global Economy The highly charged atmosphere of newly dereg= ulated markets, coupled with rapid changes in the energy sector, Enron's me= ltdown, and price volatility is forcing companies to reexamine the way they= have traditionally looked at energy. Once considered the Bermuda Triangle= of the company balance sheet, the run up in energy prices is serving notic= e that ignoring energy management is a recipe for disaster. Suddenly, energ= y management has become a strategic issue that can burn a big hole in a cor= poration's budget. The rapid changes in the energy industry have forced ma= ny companies to scramble to put together new business strategies, corporate= and management structures and systems to cope with a new reality facing to= day's global corporation, that managing energy separates the winners from t= he losers in... Click here for Full Story INSIGHT Staying Clean an= d Green in a Developing World The environmental impact of greenhouse gas= emissions, price volatility, investor unrest, globalization and increased = competition are the demon spawn of uncertainty and doubt clouding the energ= y horizon as the New Year unfolds. With the bright dream that once was Enr= on turning into a pre-dawn nightmare, the investment community is turning i= ts attention to "the next big thing". Recent indications are that the risk = takers, angel investors to venture capitalists and investment banks, are be= ginning to drag clean energy technologies out of the closet into the clear = light of day. The sheer size and scope of the energy marketplace is a comp= elling target for those seeking entry into the burgeoning hydrogen economy.= Clean-energy technologies -- including solar photovoltaics, wind power, mi= croturbines, and fuel cells -- represent a fast-growing segment of the mark= etplace... Click here for Full Story ADVERTISEMENT [IMAGE] CO2 Trad= ing USA 2002 The Radisson Hotel, Chicago 19-21 June 2002 Interest in Eyefo= renergy's forthcoming conference Emissions Trading Europe 2002 was high lon= g before the program was even published (if you hurry you might still be ab= le to register!). In the light of this success, we are extending our emiss= ions trading series of events to the U.S.A. CO2 Trading USA 2002 will tak= e place 19-21 June at The Radisson Hotel, Chicago. The website has just go= ne live, invitations have been sent to industry speakers, and sponsorship o= ffers are being discussed. To get involved, simply register your interest = at www.eyeforenergy.com/co2usa , email Sarah Robinson at srobinson@eyeforen= ergy.com or call +44 20 7375 7555. [IMAGE] NEWS ROUND UP - WEEK IN REVIE= W World Energy Markets at a Crossroads The publication of WorldPower 2= 002 once again provides industry participants with comprehensive coverage o= f issues of importance to the changing state of the world's power and energ= y markets. Last year began with the unfolding saga and consequences of the= Californian power market crisis, which led to a major re-think in US energ= y policy. After September 11th, economic influences aside, western economie= s reviewed the security of their reserves and sources. Finally with the imp= losion of... Click here for Full Story Oregon Set For Electricity Der= egulation March 1 February 6, 2002----With the harsh reality of Californi= a's deregulation efforts and the meltdown of Enron, drawing consumers atten= tion Oregon's attempts at competition are set to debut on March 1. So far= , three nonutility suppliers, known as "electricity service suppliers," hav= e received state... Click here for Full Story Lay Throws in Towel, Qu= its Enron Board February 6, 2002----Faced with increasing congressional s= crutiny Kenneth lay, has resigned from the board of directors of Enron Corp= . The fallen energy giant's former chairman and chief executive resigned fr= om the board Monday, cutting his last tie beyond stock ownership to the nat= ural gas pipeline... Click here for Full Story Federal Regulator's Ca= st Wary Eye on New Jersey Pollution Trading Scheme February 6, 2002---A = New Jersey pollution credit trading scheme, that allows industries to buy a= nd sell the right to pollute has come under the scrutiny of federal regulat= ors. Regulators specifically want to know whether the setup lets companies = lie about how much they clean up the air... Click here for Full Story = Bush Offers Tax Breaks for Renewable Energy February 5, 2002--- The Bus= h Administration has proposed significant tax incentives aimed at encouragi= ng energy efficiency and use of renewable resources, while slashing funds f= or oil and natural gas research programs. The President proposed a 2.7 per= cent increase in the Energy Department's discretionary spending for the 200= 3-spending year. Under the new budget the Energy Department would get $21.9= 2 billion, up $582.2 million from current levels... Click here for Full S= tory Sunoco Logistics IPO Raises $101 Million February 5, 2002---Sun= oco Logistics Partners L.P (SXL), has floated a initial public offering, r= aising a reported $101.25 million, According to Lehman Brothers Inc., SXL, = which operates oil pipelines and terminal facilities, sold 5 million units = at $20.25 each, within the expected price range of... Click here for Full= Story Sempra Energy Trading Takes Over Enron Metals Unit February 5= , 2002---Sempra Energy's wholesale trading arm Sempra Energy Trading, has s= uccessfully taken over the operations of London based Enron Metal Ltd. A le= ading metals trader on the London Metals Exchange, Enron Metals will now be= come knows as Sempra Metals Ltd, and will continue to be based... Click h= ere for Full Story Logica Energizes European Liberalized Markets Feb= ruary 5, 2002--- Logica is giving utilities in the newly liberalized market= s of the Netherlands and the Czech Republic to "go live" on schedule. In bo= th cases Logica has signed on to operate the IT networks giving consumers t= he ability to pick a supplier of choice... Click here for Full Story = Latest News Now! [IMAGE] EDITORIAL [IMAGE] The hottest topic in = the energy industry this week remains the Enron disaster... ARTICLES [IM= AGE] Managing Energy Resources in the Global Economy [IMAGE] Staying Clean = and Green in a Developing World NEWS ROUND UP [IMAGE] World Energy Marke= ts at a Crossroads [IMAGE] Oregon Set For Electricity Deregulation March = 1 [IMAGE] Lay Throws in Towel, Quits Enron Board [IMAGE] Federal Regula= tor's Cast Wary Eye on New Jersey Pollution Trading Scheme [IMAGE] Bush O= ffers Tax Breaks for Renewable Energy [IMAGE] Sunoco Logistics IPO Raises= $101 Million [IMAGE] Sempra Energy Trading Takes Over Enron Metals Unit = [IMAGE] Logica Energizes European Liberalized Markets EVENTS [IMAGE]= Energy Exchanges Online Europe [IMAGE] Emissions Trading Europe 2002 = [IMAGE] Weather Trading Europe 2002 [IMAGE] Energy Exchanges Online II= I [IMAGE] CO2 Trading USA 2002 (new) SUBSCRIBE Please enter your= email address below to subscribe to the EyeForEnergy newsletter. Thank yo= u UNSUBSCRIBE To unsubscribe from the EyeForEnergy newsletter pl= ease enter your email below. Thank you If you have any comments about= this newsletter or you would like to suggest future topics or industry r= elated news, please email bruno@eyeforenergy.com [IMAGE] =09