Message-ID: <1813877.1075841872473.JavaMail.evans@thyme> Date: Sun, 1 Apr 2001 16:20:00 -0700 (PDT) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 2 April 2001 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "The Power Marketing Association" X-To: X-cc: X-bcc: X-Folder: \kate symes 6-27-02\Notes Folders\Power marketer X-Origin: SYMES-K X-FileName: kate symes 6-27-02.nsf ANNOUNCING: DAILY POWER REPORT GOES HTML! "Starting on Monday, April 9, the PowerMarketers.com Daily Power Report will be sent to you in HTML Format. This means you will be able to click on the headlines and go straight to the stories! Many of you have been clamoring for this for a long time-- it's coming!!! But for those who can't read html, you can still get the text version (or both text and html for that matter). Just go to: http://www.retailenergy.com/headsel.htm Thanks for reading" ====================================================================== 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. 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 ************************************************************************ Attend PROJECT FINANCE: THE TUTORIAL April 23-25 2001 NY NY *The Best Available Introduction to Project Finance for Developers, Lenders and Other Project Participants * Voted Best in Its Field by Over 2500 Attendees * Fully Updated for Today's Merchant Power Environment! and PROJECT STRUCTURING IN THE REAL WORLD: ADVANCED SEMINAR April 26-27 NY NY * Recognize and Surmount the Deal-Breakers in Project Financings * Designed for the Active Market Participant * Gain Insights from Nationally Recognized Financiers: Richard D. Grant & Robert O. Gurman EARLY BIRD DISCOUNT EXTENDED UNTIL MARCH 30! REGISTER NOW! Download the conference brochure at: http://www.pmaconference.com/pfweek.pdf ************************************************************************ NEW!!! THE CHARTWELL NEW PRODUCTS AND SERVICES REPORT, 2001 * See first hand why Pepco chose to provide a fee-based service called Chief Energy Officer Online that helps energy managers at large companies keep track of load data. * Learn about some of the difficulties Avista Services faced when it began offering a satellite-based television and Internet service * Find out how Energy United chose both a vendor and a joint venture partner, as well as how it set up a separate organization with a separate board of directors for its segue into the home security business. * Understand some of the holdups that can affect product launches based on Alliant Energy's experience in the Green Power market. * Learn about FirstEnergy Services Corp.'s energy and facilities services, including lighting retrofits, facility automation and energy conservation measures. Download brochure at: http://www.pmaconference.com/npslaunch.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (March 30) CALIFORNIA GOVERNOR TRIES TO REASSURE LEGISLATORS THAT ENERGY CRISIS WILL END A day after state regulators approved a historic rate increase to rescue the financially ailing utilities, Gov. Gray Davis sought to reassure anxious lawmakers that he has a way out of the deepening energy crisis. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/30/krtbn/0000-0289-SJ-ENERGY TRADE ORGANIZATION ASKS FERC TO STOP PRICE CAPS, MARKET FIX FOR NYISO A trade group representing power suppliers asked federal regulators Friday to reject a request by New York's grid operator to extend the duration of wholesale price caps and emergency price correction procedures in the state's power market. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/30/eng-djn/eng-djn_230058_40_8274357533082 MIDWEST ISO ASKS FERC TO APPROVE RTO PLAN BY MAY 1 The Midwest Independent Transmission System Operator Inc., a planned power grid management group, asked federal regulators Friday to approve a key coordination agreement with a neighboring grid group by May 1. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/30/eng-djn/eng-djn_210056_210_266332172323 US POWER GRID OVERSIGHT ENTITY INSTALLS INDEPENDENT BOARD The North American Electric Reliability Council installed a 10-member independent board Friday, marking an important milestone in its evolution from an entity formerly dominated by the utility industry. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/30/eng-djn/eng-djn_210058_75_9545661765151 -EXPERT SAYS COLORADO NEEDS NEW CONSTRUCTION TO AVOID POWER CRISIS While power-hungry states like California may already be affecting other states, Colorado could stay ahead of energy woes with new construction, suggested experts at an energy summit Wednesday. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/writersd esk/2001/03/30/eng-powerm-000001/eng-powerm-000001_174744_77_5792689830996 DOMINION MAY BUILD COAL-FIRED POWER PLANT Dominion Resources Inc. is considering building three new coal- fired power plants, the company's top executive said. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/bellsupe r/2001/03/29/CHDM/0000-1761-KEYWORD.Missing ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Trade Org Asks FERC To Stop Price Caps,Mkt Fix For NYISO Ontario Power/Rate Hike -2: C$120 Mln Cost To Industry CORRECT:Ontario Pwr Issues 0.7C/KWh, Not 7C/KWh Rate Hike US Power Grid Oversight Entity Installs Independent Board Midwest ISO Asks FERC To Approve RTO Plan By May 1 Ontario Power Generation To Issue 0.7c/KWh Rate Hike Time Warner Telecom Targets Corporate `Last-Mile' Market Georgia-Pacific To Close Bellingham, Wash., Pulp Mill Ontario Nuclear Plant Licences Renewed Entergy Hires 30-Year Nuclear Veteran To Run Indian Pt 2 NRC Takes 2nd Look At Its Oversight Of Indian Point Plant Vattenfall Denies It Welcomes E.On Bewag Sale Proposal FirstEnergy: 1320-MW Perry Dips To 75% For Rod Adjustment GERMAN PRESS: Vattenfall Accepts E.On Proposal On Bewag Storm Rips Across Florida, Spreads North NZ Contact Energy/1Y FRN -2: Refinances Existing FRN 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 Dominion May Build Coal-Fired Power Plant GOP Govs. Seek Regional Power Answers Threat of Electric Companies Defaulting on Taxes Downplayed by Calif. Treasurers 10-K405: Teco Energy Inc 10-K: Northwest Natural Gas CO 10-K405: Tampa Electric CO 10-K: Green Mountain Power Corp Chesapeake Energy Corporation Announces Conference Call for Tuesday Afternoon, April 3, 2001 Pg&E Says It Will Take $4.1 Bln Charge on Uncollected Power Costs (Wrap) Constellation Energy Group to Build Florida Plant; Oleander Will Provide Power to Seminole Electric -Expert Says Colorado Needs New Construction To Avoid Power Crisis -Morristown, Ind., Community Favors Power Plant Project -Oklahoma Energy Agency Denies Federal Claims of Price-Gouging -Georgia Public Service Commission Chief Says Power Shortage 'Unlikely' Top Energy Summaries - Friday, March 30, 2001 - 5:23 PM Natural Gas Prices on Way Back Up in State --Albeit Slightly Experts Urge Long View On Energy Use GOP Govs Look to Private Power Sector Peco Energy Expands Customer Service for Small Businesses GPU Energy Accepting Proposals for Competitive Default Service Indiana Gas, Sigeco to Operate As Vectren Energy Delivery Texas Rounds Up Wind for Power PSE&G Represented Employees Agree to Contract Extension; Unusual Collaboration Will Smooth Transition to A Deregulated Energy Market Washington: API's Cavaney Stresses Need for Energy Policy Cnsc Announces Decisions on Ontario Power Generation's Mcn Energy Group Inc. Calls Special Meeting of Shareholders to Approve Merger with DTE Energy Top Energy Summaries - Friday, March 30, 2001 - 2:32 PM Repeats: Energy Volume And Open Interest Totals-Mar 30 Xcel Energy Corrects Time of Webcast of New York Analyst Meeting Con Edison Lowers Electric Bills Again with Latest Rate Reductions California ISO Declares Stage Two Electrical Emergency; Continued Conservation Urged As Power Supplies Remain Limited Ontario Power Generation Notifies Customers of 2001 Rate Change Plan for Power Plant Near Tracy Sent to State Reliant Energy Takes Etiwanda Unit Offline for Maintenance THOR Receives Federal Funding Commitment for Thunderpower Fuel Cell Bus; Expects Vehicle to Be in Service by Year End Rising Power Costs Mean Dark Days for Aluminum Industry Ogy Petroleums to Be Bought by Baytex Energy in $65 Million Deal Energy Crisis Dogs State Democrats / Conventioneers Likely to Discuss Davis' Troubles Advanced Communications Technologies Affiliate Australon Limited Initiates Real Time Power Metering Trials with Major Utilities Calls to Utility Regulators Rise State Officials Attribute 30% Increase to Public's Confusion Over Deregulation Energy, Environment Clash Brews in Wyo. Advocates, Opponents Debate Merits of Green Power Bills Power Crunch: Plant Stake Sale Put Off Pure Resources to Acquire Hallwood Energy Corporation; Pure Resources to Commence Tender Offer for $12.50 Per Common Share in Cash Survey Warns Over Energy Taxing Power Bills in Cheney Likely to Climb Utah Could Benefit from Calif. Power Woes Roseland Resources Ltd. - Take Over Bid for Marchwell Energy Corp. Georgia PSC Chief Says Power Shortage 'Unlikely' Chances Dim for Power Bill Power Plant's Prospects Look Good Canada Seeks Bigger US Energy Role O'Bannon Pushes Utility Bills Capps Urges One-Stop Power Panel Critics Cite Loss of Local Input, Authority ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Russian Power Industry Needs $120 Bln To 2015 UN Grants Usd 4.5 Million for Municipal Energy Saving Projects Brazil: Lack of Turbines to Harm Thermal Electric Power Projects Brazil: EDP Schedules Investments of US$1bil in Energy Brazil: Iron & Steel Companies to Invest US$180mil in Energy Projects Aneel to Tender Eight Hydro Projects - Jun. 28 - Brazil Azerbaijani, Iranian Energy Systems To Operate in Parallel Chinese Nuclear Power Industry Offers Big Opportunities BC Gas Inc - BC Gas Utility Pursuing Expansion of Southern Crossing Pipeline BP Announces World's Largest Solar ProjectOver 150 Philippine Villages to Receive Electricity for First Time Top Energy Summaries - Friday, March 30, 2001 - 12:19 PM BOLIVIA HOPES TO SELL NATURAL GAS TO WESTERN U.S. Alstom-led Consortium Wins 130 Million Euro Order To Supply Hydro Power Plant in Morocco Red El,ctrica: Over 500 Km of Power Transmission Lines and Four Substations Are Inaugurated in Southern Peru O Globo: Aneel Publishes Rules of Tender Offer for New Hydro-Electric Power Plants(Sai Amanha Edital De Leilao De Novas Hidreletricas) Diario De Noticias: EDP Creates Energy Holding Company(EDP Cria "Holding" Energetica) Peabody Hopes to Raise $506 Million with IPO Share Price Estimates Range from $18 to $22, Reflecting The Resurgence of The Coal Industry Nelson Mullins Riley & Scarborough to Merge with Charlotte-Area FirmSouth Carolina's Largest Law Firm Solidifies Leading Position in Public Utility And Regulatory Practices Armenia Rejects EU Demand to Close Down Nuclear Power Station by 2004 Rostov Nuclear Plant Switched To Power Grid for First Time Friday Top Energy Summaries - Friday, March 30, 2001 - 9:15 Am Brazil: Light to Double Electric Power Production Spain March electrical energy demand up 3.7 pct yr-on-yr Top Energy Summaries - Friday, March 30, 2001 - 7:43 Am Spending by Power Firms Falls Below 3 Tril. Yen in FY 2000 Scottish Power says FY to march 2001 EPS in line with management expectations Spain govt cuts maximum natural gas price to 3.3592 ptas/therm vs 3.5672 World Bank: Lesotho -- World Bank Supports Utility Reforms in Lesotho Joensuun Energia Acquires Power Plant New Nuclear Power Plant Commissioned in Southern Russia Russia Ponders Construction of Underground Nuclear Power Plant in Far East Australia's Origin to Boost Gas Generation Capacity by 89 Mw Nuclear Power Plant Launched in Southern Russia Construction Begins on Massive Xinjian Power Plant ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm -Tampa, Fla.-Based Energy Firm Says It Will Top Quarter Earnings Estimates -Expert Says Colorado Needs New Construction To Avoid Power Crisis -Morristown, Ind., Community Favors Power Plant Project -Natural Gas Prices To Fall for Kentucky Utility Customers -Oklahoma Energy Agency Denies Federal Claims of Price-Gouging -Georgia Public Service Commission Chief Says Power Shortage 'Unlikely' Sunspot May Disrupt U.S. Satellite Communication, Power Grids Frustrated California Lawmakers Eye Alternatives to Contain Energy Crisis California Governor Tries to Reassure Legislators That Energy Crisis Will End Snohomish County, Wash., Residents Could See Power Rates Rise Again Bellevue, Wash.-Based Utility Company Seeks Approval for Peak-Hours Rate Hike California Businesses Vow to Fight Utility Rate-Hike Plan Nuclear Solution to California Power Crisis Urged Northwest Utilities Seek Ways to Pare Energy Use Hearings to Begin on Philadelphia Gas Utility's Rate-Hike Request Philadelphia-Area Firm Sees Opportunity in Steam-Powered Air-Conditioning The Orlando Sentinel, Fla., Home Energy Column California Utilities Group to Weigh Reinstating Fines under Conservation Pact Editorial: California Consumers Conserve When Prices Rise Kansas Energy Firm Hasn't Complied with State's Inquiry Into Jet Records Rate Increase Proposal by Western Resources to Receive Public Hearing Nevada Utilities Officials May Force Reduction in Company's Rates Arkansas Legislators to Consider Measure Regarding Electricity Deregulation Pennsylvania Utilities Commissioner May Take National Post Groups Defend Salmon Protection Measures in Face of Electricity Crisis Utility, State Officials Discuss Colorado's Power Needs at Summit ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://news.powermarketers.com/news/articles/ElectricPower.html 03-31-01 Calif. power grid put back on alert as supplies fall 03-31-01 UPDATE 1-EnBW, Ferroatlantica improve Cantabrico bid 03-31-01 UPDATE 1-E.ON says Mirant, HEW very possibly to share Bewag ********************************************************* NEW on the POWERMARKETERS.COM TRAINING PAGE ********************************************************* Access all online presentations at: http://www.pmaconference.com Coming soon! PMA Power Markets 2001 presentations, taped at the Aladdin Hotel, Las Vegas, March 15-16, 2001. Don't forget you can choose to stream the presentation immediately over the web, or download it to your computer for later viewing-- Free! RealVideo-based powerpoint-based presentations, with the accompanying audio. Running about 30 minutes each, 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. Access all online presentations at: http://www.pmaconference.com **************************************** THE PowerMarketers.com ENERGYYELLOWPAGES **************************************** http://www.energyyellowpages.net Where to go when you're looking for: Billing Systems, Brokers, Call Centers, Coal Marketers, Computers & Networks, Conference Houses, Energy Management, Engineering Services, Environmental Services, Exchanges & Clearing Houses, Executive Search Services, Financial Services, Gas Marketers, Information Services, Internet Services, Legal Services, Management Consulting , Marketing, Meters, Power Marketers, Powerplant Development, Powerplant Equipment, Risk Management, Sales, Software, Trade Associations, Training, Weather Services and more! 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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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