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Subject: 2 March 2001: Crisis and Opportunity Update
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CRISIS... AND OPPORTUNITY?
Power Markets 2001

March 14-16 | Aladdin Hotel | Las Vegas


Click here to view?
 CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf

[IMAGE]

March 2, 2001:
Crisis and Opportunity Update

Join the Power Marketing Association at its annual spring meeting to discuss 
the issues: ?California: What's in store for the summer? ?Gas Price 
Volatility-- Why? ?Power Market Risks-- Explained; The Texas Retail Market-- 
Will it Work?; ?New Powerplants-- How big is the opportunity? Credit Risk-- 
How to manage it; Real Prices-- is the retail market ready to live without 
price caps? ; Weather risk-- is it a market yet?; Transmission constraints-- 
are they completely intractable?; Provider of Last Resort-- is this a dumping 
ground? The web-- what's real, what isn't-- beyond the hype; Retail billing-- 
Getting it right before you're bankrupt; Powerline Telecom-- The next big 
thing?; Rolling Blackouts-- ?Peak shaving?; Distributed Generation-- Has the 
time come?; Coal- fuel of the future-- and present. ?and ?Where is your 
career going? ??There are already hundreds of registrants. ?Join us!

Here are some stories from the past couple of days on the PMA website, 
powermarketers.com. ??Energy is moving to center stage in national policy 
again. ?Get the latest-- click on the stories below, and click on our 
conference brochure. ?See you in Vegas!

REPUBLICANS UNVEIL ENERGY PLAN CHOCK-FULL OF TAX INCENTIVES
Sen. Frank Murkowski, R-Alaska, chief architect of the National Energy 
Security Act of 2001, unveiled a mega-bill Monday packed with tax incentives 
for every sector of energy generation, including coal and nuclear power, oil 
and gas drilling and clean energy technology, such as solar and wind power.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/courierp
ress/2001/02/27/eng-courierpress_news/eng-courierpress_news_131343_74_72174061
69511

Alliance of Energy Suppliers Identifies Near Term Challenges, Opportunities 
for Nation's Power Market
"We see a market where demand will continue to grow at an unprecedented rate. 
We see a market where 90 percent of current capacity will need to be replaced 
by 2015. And we see a market where consolidation trends will continue 
unabated. Criteria different from today's will determine success in this 
future market. What won't change is the need to understand your competitive 
position, as well as manage your risk."
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/28/pr/0000-1464-dc-eei-alliance-enrgy

Prominent Tech Business Leaders Call for National Energy Reliability 
Initiative
Leading energy associations and Fortune 500 companies have delivered a letter 
to Capitol Hill appropriations committees proposing that the U.S. Department 
of Energy create a $320 million National Energy Reliability Initiative for 
the 2002 fiscal year, specifically focused on the energy needs of the 
high-tech industry.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/business
wire/2001/02/27/BW/2438-0148-CT-SURE-POWER.....

Small Generators Could Ease Energy Crisis
Small power-generation systems scattered throughout the state, many of which 
could be attached to individual businesses, could offer some relief to 
California's strapped power grid
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/27/ao/0000-5247-power-woes-micropower 
 
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Click here to view?
 CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf 

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Qualify for the?
CERTIFIED POWERMARKETERS EXAM
Attend PMA's preconference seminar: 

FUNDAMENTALS OF POWER MARKETING
 http://www.pmaconference.com/0103Agendah.pdf

Covered at the Fundamentals of Power Marketing Seminar 
Introduction to the Power Industry
Getting Started as a Marketer 
Lexicon of Power Marketing 
Indexed Transactions 
Swaps 
Tolling Agreements 
Option-type transactions 
Finance-type transactions 
Serving the Retail Power Marketer 
Retail Power Marketing 
Key Issues in Retail Access 
Nuts and Bolts of Retail Marketing 
Future of Power


This program is valuable not only for new industry participants, but for 
professionals who need an overview and "back to basics" review to provide 
context for their jobs.

FUNDAMENTALS OF POWER MARKETING 
March 14, 2001 

Click here to view?
 CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf