Message-ID: <19047592.1075841868030.JavaMail.evans@thyme> Date: Thu, 21 Dec 2000 15:02:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 22 December 2000 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 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 21) FERC CALIFORNIA POWER CONFERENCE ADJOURNS TILL JANUARY 3; NO DEALS Negotiations hosted by federal regulators to produce long-term forward power contracts between California's utilities and power supplies adjourned after two days of discussions Wednesday with no deals struck. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/21/eng-djn/eng-djn_122044_202_568399577867 NORTH CAROLINA POWER SYSTEMS GROUP ARGUES AGAINST ELECTRICITY DEREGULATION A group representing the state's municipal power systems said Wednesday that lawmakers should put the brakes on a plan to begin deregulating the electric industry in North Carolina by 2005. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/21/krtbn/0000-0319-RA-ELECTRICITY HIGH COURT TO ALLOW UTILITY GIANT TO BUILD POWER PLANT IN DANE COUNTY, WISCONSIN The Wisconsin Supreme Court handed down a decision Tuesday that will allow Alliant Energy Corp. to move forward with its plans to build a 450-megawatt power plant near the village of Rockdale in eastern Dane County. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/21/krtbn/0000-0226-MW-POWER-PLANT MASSACHUSETTS ENERGY REGULATOR DEFENDS ELECTRIC-RATE INCREASES After weeks of seeing his agency pounded by Attorney General Thomas F. Reilly for favoring big utilities over consumers, a state Department of Telecommunications and Energy commissioner fired back yesterday, defending the DTE's handling of recent electric rate increases as prudent. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/21/krtbn/0000-0147-GL-ELECTRIC SOUTHERN ENERGY LOCKS UP ACCESS TO TURBINES FOR NORTH AMERICA, EUROPE Southern Energy Inc. has agreed to buy from GE Power Systems up to 55 turbines of various types for power generation in North America and nine "power islands" for use in Europe. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2 000/12/21/pr/0000-2215-ga-southern-energy ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index PG&E/Edison Stk-3: Analyst:Stks Under Political Pressure REPEAT&CORRECT: CPUC Denies SoCal Gas Rate-Class Switch PG&E/Edison Stk -2: PG&E: Direct Result Of Govt Failure PG&E, Edison Shrs Hit Yr Lows On Calif Energy Crisis>PCG Mass. DTE, ISO New England To Appeal FERC ICAP Ruling CPUC OKs SoCal Gas Effort To Temper Natural Gas Prices Southern Energy -2: To Buy 9 Europe "Power Islands" PG&E $2B Debt -2:Issuance To Fund $4.5B Undercollections PG&E: Specific Rate Hike Not Expected From CPUC Thurs Calif PUC OKs PG&E Issuance Of $2B In Long-Term Debt Southern Energy To Buy Up To 55 Turbines From GE Power Orion Power Extends DQE Retail Power Contract To 2004 FERC Calif Pwr Conference Adjourns Till Jan 3;No Deals Rate Hike For Calif Utils Not Seen This Week - Sources Russia Mulls Foreign Equity Cap In Telecoms - Report 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 Catalytica Announces Cash Merger Consideration Following Completion of Acquistion by DSM And Spin-Off of Catalytica Energy Systems The New Power Company Certified As A Competitive Supplier in Massachusetts Puget Sound Energy Electricity Rates Scottishpower Buys Powergen's Rye House Power Station Southern Energy Locks Up Access to Turbines for North America, Europe Florida Public Service Commission Approves Hines 2 for Florida Power Corporation Enmax, Fording Coal Launch New Coal-Fired Power Project Northern California Caught in Power Squeeze Top Energy Summaries - Thursday, December 21, 2000 - 5:08 PM El Paso Energy Responds to Lawsuits Ambac Financial Group, Inc. Corrects And Replaces Previous Announcement, Bw2354, NY-Ambac-FinancialAmbac Financial Group Has Insured Exposure to Southern California Edison And Pacific Gas & Electric Cinergy, EPA, Other Parties Reach Agreement on Power Plant Lawsuit NY Natural Gas Review: Scores New High on Cold, Storage Fears Annual Meeting Dates Set by Ppl Corp. And Ppl Electric Utilities Corp. Energy Funds Lacking for Needy California's Quest for Energy Repeats: Energy Volume And Open Interest Totals-DEC 21 Management`S Discussions: 10-K, Kentucky Electric Steel Inc Luscar Coal Income Fund - Purchases Alberta Coal Interests City of Norwalk, California Selects Electric City to Begin Providing Energysaver Systems And to Participate in The Virtual "Negawatt" Power SystemCompany Announces Startup of Its California Initiative, Designed to Help Solve Power Crisis Across The State BC Gas And BC Hydro Announce They Are Not Proceeding with Joint Venture Energy Update/Los Angeles Department of Water And Power Daily Energy Update, Thursday, DEC. 21, 2000 Mbia Expects Southern California Edison And Pacific Gas & Electric to Continue to Make Debt Service Payments on Mbia-Insured Bonds Path 15 Transmission Constraints Lead to Concurrent Stage One And Two Emergencies; No Power Interruptions Forecasted Vector Energy Corp - Barham Heirs Placed Into Production; $230,000 in Revenue - Expected from Next Well in Enhancement Program /C O R R E C T I O N -- Chesapeake Energy Corporation/in Daw059, Chesapeake Energy Corporation Reports A Major Exploratory Success, Increased 2001 Cap-Ex Budget, Higher Production And Cash Flow Forecasts And Gothic Merger Update, Moved Yesterday, December 20, We Are Advised by The Company That The S Pemberton Energy Ltd - Management Discussion Baytex Energy Ltd - TSE Accepts Notice of Intention No Move Toward Price Caps at Power Summit Power Rate Hikes Loom Larger Power Plant Blues: Silicon Valley Is High on Tech, Low on Watts /C O R R E C T I O N -- Chesapeake Energy Corporation/ Encal Energy Ltd - Completes US $50 Million Senior Notes Issue Potomac Electric Power Company of Virginia Files SEC Form 8k Encal Energy Ltd. Completes US $50 Million Senior Notes Issue Utility Powers Up Better Password Management Stratospheric Rise in Natural Gas to Cut Into 4Q EPS for Majors Department of Agriculture Rural Utilities Service East Kentucky Power Cooperative; Notice of Availability of An Environmental Assessment Part 1214_Space Flight Department of Energy Federal Energy Regulatory Commission 18 Cfr Part 260 Natural Gas Service Interruption Reporting Procedures Issued December 14, 2000. Energyguide.Com Helps Ohio Consumers Lower Their Energy Bills Through Both Energy Efficiency And Deregulation Orion Power Announces Exclusive Power Supply Contract with Duquesne Light Company Firstenergy And Salvation Army Offer Emergency Energy Assistance /C O R R E C T I O N -- General Electric (GE)/ Graftech Inc.'S New Advanced Flexible Graphite Line Proceeding on Schedule; Grafcell Advanced Materials in Ballard's Mark 900 Fuel Cell in Necar 5 Stellarton Energy Corp - Mailing of Tom Brown Offer to Purchase Stellarton Shares Top Energy Summaries - Thursday, December 21, 2000 - 9:25 Am Lexxor Energy Inc - Acquisition of Properties in Southeast Saskatchewan Conectiv Sells Eastern Regional HVAC Division; Sale of Last HVAC Unit Enhances Company's Ability to Focus on Core Energy Businesses in Order to Spur Growth First-Ever Construction Begins in Lancaster Koz Site; Mayor Smithgall Praises Rhoads Energy's Move to The City Wastewater Plant Staff at Renton Help to Cut Power Costs - Saved $55,000 Daily When Costs Highest Energy Companies Embrace Electronic Billing Technology As An Effective Crm Tool, According to Princeton Ecom Exec North American Energy, Inc. Selects Ensite Safari Suite Software Cost of Energy Crisis Saps the West Power Woes Are Also Felt Elsewhere Yucca Mountain Backer Pullsout as Energy Secretary Choice County Praised for Saving Energy Blackouts Or Conserved Power To The People? Part I The White House: Office of The Press Secretary -- President Clinton Names James J. Hoecker As Chair And Member of The Federal Energy Regulatory Commission Leavitt: West's Power Crisis Will Last for Years Nuclear Energy Redux: Is Anyone Debating Safety Standards? Energy Costs Sows Internal Turmoil New Turner U.N. Grants Target AIDS, Energy Needs Letter: Costs of Nuclear Power Consultant Offers No Assurances on Outcome of Power Deregulation Promax Energy Inc. Second Closing of Private Placement for Additional Proceeds of $800,000Cdnx:Pmy Chesapeake Energy Corporation Reports a Major Exploratory Success, Increased 2001 Cap-Ex Budget, Higher Production And Cash Flow Forecasts And Gothic Merger UpdateCompany Reports New Georgetown Discovery Flowing 40 Million Cubic Feet of Natural Gas Per Day, Well Should Generate More Than $8 Million Suncor Energy Inc - 2001 Capital Spending Budget Focused on Project Millennium - Completion Arizona Power Provider Quits California Market Green Mountain Energy Company Teams Up with Peco to Provide Cleaner Electricity to 50,000 New CustomersPhiladelphia to Become "Greenest" Electricity Metro Ppl Receives EPA `Energy Ally of The Year' Award Wisconsin Power And Light CO. Files for Electric Surcharge; Rise in Natural Gas Prices And Increased Purchased Power Costs Prompt Filing Neither Energy Shortage Nor Long Hours Keep California ISO Employees from Showing Holiday Spirit; Staff at The Grid Control Center Round Up Thousands of Gifts for 300 Needy Children Neuco, Inc. Signs Major Contract for Processlink(TM) at Four Orion Power Generating Stations ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm $19m Energy Project for Taranaki Natural Gas Hits 9.70 Dollars Per Million Btus Controversial nuclear power plant goes online in Czech Republic Top Energy Summaries - Thursday, December 21, 2000 - 12:08 PM US Firm to Install $10 Bln Coal-Fuelled Power Plant in Pakistan Darkness in Garissa As Power Engines Stall Aes Ekibastuz Reaches Power Sales Agreement with Rao Ues of Russia Norsk Hydro to Submit Plans for Fram West Field Talisman Energy Ltd - Gulf Indonesia, Talisman And Pertamina Signing of Agreements - for Additional Gas Deliveries to Caltex Energy Crisis Continues to Damage Albanian Economy Serbia faces more power cuts as temperatures fall UK Government: Ecgd Backs Environmentally Friendly Mexican Power Project - Caborn Indian Government: Parliamentary Consultative Committee of Power Ministry Meets; Discusses Power Supply Position Russian Duma Committee Looks Into Iraq Sanctions And Energy Charter Treaty Top Energy Summaries - Thursday, December 21, 2000 - 7:47 Am Adb: PRC Promotes Wind-Based Power to Reduce Dependence on Coal AuIron Energy hopeful of financing Ballymoney NIreland project in 2001 Tanzania Encourages More Investment to Relieve Energy Shortage Eximbank Finances Iranian Power Plant Russia PM Approves Power Industry Reform. Disputed Czech N-plant to be plugged into power grid U.S. Co. Bids for Hungarian Power Plant Indian Power Sector Fails to Electrify Investors Canargo Energy Corp - Reaches Agreement on Ukrainian Oilfield Development Norway Approves Plans to Build Three Wind Power Plants ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Reversion to Wood As Heat Source Unlikely Despite West's Energy Crisis Vancouver, Wash.-Area Residents Face Variety of Home-Heating Options Electric Utility in Gig Harbor, Wash., Area Plans Rate Increase in Spring Tacoma, Wash., Council Puts 43 Percent Surcharge on Residential Electric Rates Tacoma, Wash., Council to Vote on Surcharge for Residential Electric Customers Illinois Panel Approves Order for Decommissioning Nuclear Power Plants Consumers to Pay for Part of Utilities' Bailout, California Governor Says Western Governors May Ask U.S. for Regionwide Cap on Electricity Prices Dignitaries Make Way for York, S.C., Electric CO-Operative's New Home North Carolina Power Systems Group Argues Against Electricity Deregulation Three Florida Cities May Form Electric Utility Consortium Utah Governor Expects Power Crisis to Affect Economy of Western U.S. Groups Say Missing Fuel Rods Raise Safety Concerns at Connecticut Plant High Court to Allow Utility Giant to Build Power Plant in Dane County, Wis. Houston Natural Gas Prices Stay in Lofty Territory Massachusetts Energy Regulator Defends Electric-Rate Increases California Governor Says Utility Rate Hikes Are Necessary California Utility Paid Stockholders Hefty Dividends As It Incurred Debt Latham, N.Y.-Based Fuel Cell Developer Names New CEO, President ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html Calif. power crisis could short-circuit state economy Calif. regulators set hearings on electric rate rise S&P may cut 5 California power projects UPDATE 1-Calif. power woes upset state deregulation plans Southern Energy sets GE turbines for European plants U.S. states watch California power woes FACTBOX-Calif utilities say running out of cash UPDATE 1-Powergen sells station to Scot Power S&P affirms Calpine ratings SoCal Edison says bankruptcy, court action are options Conectiv sells unit, drops plan for telecoms partner AES to make offer for rest of Chile Gener shares CPUC to issue draft decision on power rate hike request UPDATE 1-Cinergy sees power plant purchase boosting earns N.C. public utility wants to stall deregulation Turk court cancels $165 mln power grid tender EU threatens Belgium with legal steps over power mkt Czech Temelin plant to run first test on power grid UPDATE 2-Indian state to review Enron power project Taiwan justices begin reviewing nuclear decision Utd Utilities buys Hyder industrial services UPDATE 1-Indian state says to review Enron power project ********************************************************* 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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