Message-ID: <15157766.1075841872711.JavaMail.evans@thyme> Date: Thu, 5 Apr 2001 15:31:00 -0700 (PDT) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 6 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!!! ENERGY JOBS WEEKLY New from PowerMarketers.com, a newsletter in pdf format which includes all the new job postings on the PowerMarketers.com for the past week, updated every weekend. Download it, print it, archive it, FREE. For the current issue of ENERGY JOBS WEEKLY, download at: http://www.pmaconference.com/040101EnergyJobs.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (April 5) CALIFORNIA BOND SALE TO EXCEED $10B TO AVOID HIGHER POWER RATE California will have to sell bonds in excess of $10 billion to finance wholesale power purchases in order to avoid 80% to 100% rate increases on the state's electricity consumers, the state's Director of Finance said he was advised by bond underwriter J.P. Morgan Chase & Co. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 04/05/eng-djn/eng-djn_000053_26_0810009599663 CALIFORNIA STATE ASSEMBLY APPROVES ENERGY CONSERVATION BILL The California state Assembly approved 74-1 a $710 million energy conservation bill Wednesday. The bill was sent back to the Senate for another vote. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 04/05/eng-djn/eng-djn_000052_85_4011123348027 SOLAR-ENERGY BUSINESS SURGES IN CALIFORNIA Solar energy systems aren't just on the roof, they're also going through the roof in popularity. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/04/05/krtbn/0000-0396-SK-SOLAR-POWER SMOKING GUN IN NEW YORK ELECTRIC DRAMA? SOME SAY ARTICLE 10 Five members of a New York state board ultimately decide which power plants get built in the state. Their bible is a tough set of rules known as Article 10, a statute of the state's 1992 public service law. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 04/05/eng-djn/eng-djn_191356_176_598403248936'' NEW ORLEANS-BASED POWER FIRM ASKS TEXAS FOR 22 PERCENT REVENUE HIKE Entergy Corp. will ask Texas regulators this week to approve a revenue increase of 22 percent for its distribution system when deregulation begins in January. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/04/05/krtbn/0000-0022-BE-ELECTRIC POWER PLANT PROJECT PROGRESSING A St. George, Utah, company is on the last leg of a decade-long project that could put a hydroelectric power plant on Blue Diamond Hill on the western outskirts of Las Vegas. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/lvrj/200 1/04/05/eng-lvrj_business/eng-lvrj_business_183806_121_386986346915 ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Reliant Sees 728-MW Plant Near Chicago Up By June 1 Dynegy Says 3 S US Plants, 1,165-MW Due Up For Summer>DY/N Smoking Gun In NY Electric Drama? Some Say Article 10 SUBSCRIBERS:RWE Withdraws Cantabrico Bid Already Reported Mexichem, El Paso To Build Power Plant In Mexico UK Kickstarts Wind Pwr Development With 13 Seabed Leases ABB To List Shares Apr 6 On New York Stock Exchange ABB NYSE Listing -2: Will List Under Symbol "ABB" PRESS RELEASE: S&P Comments On Calif Utils Credit Quality S&P: Calif Utils Considering Multibillion Dlr Write-Offs Lindsey Says US In Business Cycle Downturn ABB Abandons Bid For Belgium Real Software's US Unit Cantabrico/Ferroatlantica -2: Hopes For Stability >E.HIC Cantabrico Bd Approves Ferroatlantica Takeover Offer Bush May Pull Back Appliance Energy Efficiency Standards Calif Bond Sale To Exceed $10B To Avoid Higher Pwr Rate Calif State Assembly Approves Energy Conservation Bill 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 Stone Energy Corporation Provides Operations Update SCE Responds to Governor Davis' Energy SpeechGov. Gray Davis Gave A Short Speech Thursday on The California Energy Crisis. The Following Response to The Governor's Comments Is from Stephen E. Frank, Chairman, President And CEO of Southern California Edison The Energy Crunch: Baird Calls for Limits on Power Price Hike Ryan Energy Technologies Inc. Introduces Electromagnetic (Em) Mwd Services Into Ryan's Traverse City, Michigan Operation Study: Risk of Energy Shutoffs Across U.S. PG&E Defaults on Payments to Los Alamos Energy Rer Announces the Availability of Industrial Energy Power Plant Project Progressing American Energy Reports Additional Results from Jacobabad 3 And Settlement of Northern Lights Lawsuit Advisory/Energy Show Held During Energy Crisis Half Of City Voters Polled Fear Energy Crises Repeat/American Energy Reports Additional Results from Jacobabad 3 And Settlement of Northern Lights Lawsuit Reader's View Address West's Energy Crisis Energy CO-OP Files Lawsuit Against CG&E Discounts for Power Customers US/Canada Spot Natural Gas: Malin Soars, But Mkt Mostly Quiet Energy Debt May Soar Panel Backs Strict Rules for Power Plants D-8 Group to Set Up Energy Development Fund Golden Arch Resources Ltd - North Texas Well to Be Completed As Natural Gas Producer Burning Corn for Heat Provides Energy Shortcut Environmental Organizations Defeat Coal Industry Global Warming Slapp Suit; Federal Judge Dismisses Coal Industry Suit Attempting to Prevent Debate Over Global Warming Rer Announces the Availability of Industrial Energy Profiles Through Eshapes Emc (Energy Management Company) Now Powered by Nicor Energy Power Rate Caps Sought for West Congress: House Democrats Fault Bush for Inaction in Crisis Aquila Energy Corp Increased Its Price from $17-$22 to $21-$23. Hammond Power Solutions Inc - Signs Supply Contract Worth $3 Million Repeats: Energy Volume And Open Interest Totals-APR 5 Reliant Energy Plans Two Additional Power Generation Facilities in Nevada; Bighorn Peaking Facility on Line by June 2002; Combined-Cycle Facility on Line by June 2003 Lexxor Energy Inc - Proposed Re-Designation And Consolidation of Class A Shares Sierra Pacific Power Company Goes Live with Sct's Customer Management Solution Power Generators Up Sales Profit by 38% To Pln 1.46 Bln in 2000, Output Highest in 10 Yrs Florida Power to Drop Tower as Headquarters City Heeds Davis' Call to Reduce Energy Use World Bank: Gef Announces Launch of First Solar Venture Fund Focused on Developing World Major Wind Power Project to Be Built in West Texas Midamerican Energy Company Selects Altra for Middle And Back-Office Gas Operations Puget Sound Energy Revises Some Pricing Clayton Williams Energy Provides Financial Guidance for 2001 Xantrex Honored for Power Efforts County Looks at Methane Power Power Supply in Four Outputs Docucorp Will Present Utility Solutions at Sct Summit Alts President Sends Letter to FCC About RBOC Power Charges State Demonstrates 'Energy of the Future'Tnrcc, Senator Brown Host First Public Demonstration of Hydrogen Fuel Cell ENEL begins sale procedure of its second power generation company The Options Dwindle: State, Feds Energy Solutions Limited Greenspan Says Energy Woes Likely, But No Crisis Yet Policymakers Also Predict Country Will Dodge Slipping Into Recession Energy Outline Coming Gamesa claims 2nd position in world wind-driven generator manufacturing Power-plant Payments Generate Controversy Meralco rate hike provisional authority not urgent: Energy Regulatory Board California secures 4.125 bln usd energy funds in anticipation of bond issue Manhattan Firm Makes Utility Deal ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Apco Argentina Inc. And Globex Energy, Inc. Agree to Merger Kms Power Issues Annual Financial Results for Year 2000 State Power Companies Earn US$661mn - Peru Bndes Receives 53 Small Hydro Proposals - Brazil New Energy Secretary Expected to Promote De-regulation - Argentina Luscar to Supply Coal to Gener - Chile Japan Natural Energy Gets Orders from 20 Firms Nippon Steel Supplies Power to M'bishi Buildings Japan's Power Demand Up 2.6 Pct in Feb. Energy Ministry, Ebrd Discuss Energy Reforms Top Energy Summaries - Thursday, April 05, 2001 - 5:04 PM Top Energy Summaries - Thursday, April 05, 2001 - 2:14 PM The Answer Is Blowing in the Wind Guizhou Panjiang Cleaned Coal To Issue IPO in Shanghai's A-share Market On April 9 Top Energy Summaries - Thursday, April 05, 2001 - 12:32 PM Winds Aloft: When Radio Free Europe Flew Balloons Smi: Looking at the Future of Energy Trading Brazil: Cesp Parana's New Owner to Expand Energy Generating Capacity Brazil: Copesul's Production Backs 3rd Generation Petrochemicals Enel approves sale of second power company Top Energy Summaries - Thursday, April 05, 2001 - 9:23 Am Friends of the Earth: Dawn of New Era: 18 Offshore Wind Farms Unveiled; Thousands of New Jobs As Green Power Market Takes-Off Top Energy Summaries - Thursday, April 05, 2001 - 7:43 Am Brazil: El Paso to Set Up A 700 Mw Thermal Electric Power Facility Brazil : Bndes Concentrates in Power Generating Sector Abbot, PowerGen wind energy jv pre-qualified for Crown Estate wind farm Teleadapt: Teleadapt to Offer PC Protection for Users at Home And Away; New Protection Packs Guard Against Power Surges And Spikes, Whilst Preventing Potential Damage Caused by Incompatible Telephone Lines UK Government: Government Gives Go Ahead for Combined Heat And Power Station at Jaguar Plant China's Trade of Machinery & Electric Products Doubles 20 Firms to Buy Electricity from Wind-Powered Plants Philippines' National Power Corp Cuts Rates ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Litchfield, Conn., Fuel Company Decides to Shorten Its Name California Utilities Ask for Halt to Tulsa, Okla.-Based Firm's Power Rates Energy Bills' Future Unknown As Washington State Lawmakers Rethink Situation Chicago-Based Power Company Plans to Expand Marketing, Trading Divisions ST. Louis-Based Natural Gas Firm Proposes Rate Cut Solar-Energy Business Surges in California State Aid Sought for Low-Income Customers of Philadelphia-Based Gas Utility Pennsylvania Official Says State Can Avoid California-Style Energy Crisis Municipal Wisconsin Utilities Group Protests Proposed Budget Revision Experts Predict Healthy Power Supplies for the Midwest Summer Wisconsin Energy Company Defends Construction of Power Plants Escalon, Calif., Area Won't Find Power Bill Relief in Utility Agreement California Legislators Examine Utility Tax Levels Los Angeles Mayor Proposes Energy Conservation Plan Missouri Gas Energy Wants to Begin Charging A Set Price for Gas Grapevine, Texas-Based Oil Firm Expects Large Profits This Summer Florence, Ore., to Spend $2 Million of Well Development Project Duluth, Minn.-Area Electrical Cooperative Appoints Communication Manager California Public Utilities Official Favors Wholesale Price Caps Proposed Utility Merger Fell Apart Over `Takeover' Concerns New Orleans-Based Power Firm to Ask Texas Regulators for Revenue Increase New Orleans-Based Power Firm Asks Texas for 22 Percent Revenue Hike Santa Fe, N.M., Conference Underscores Challenges for Utility Industry ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://news.powermarketers.com/news/articles/ElectricPower.html UPDATE 1-Brazil adopts plan to avoid power cuts Pacific Gas & Elec halts preferred dividend payments UPDATE 2-Sherritt wants access to Luscar Coal data UPDATE 1-Second NYPA turbine lawsuit verdict seen U.S. FERC releases Western power meeting schedule Philadelphia told to consider sale of utility U.S. Democrats push price cap plan for Western power markets U.S. green group seeks to save environmental programs Utility says not enough supply in NY for power competition Canada natgas prices rise on storage withdrawals UPDATE 1-RWE out of Cantabrico race, might look elsewhere TEXT-S&P affirms AES Corp BB ratings UPDATE 2-S&P worried PG&E, Edison won't recover quickly US POWER-Trust the forecast? Energy trading desks do Reliant to build two Nevada natural-gas power plants Group of developing nations to set up energy fund UPDATE 2-Britain gears up for offshore wind power US POWER-Success spells trouble for Calif. energy traders HEWsays to accept joint Bewag deal with Mirant POLL-New Yorkers worried about summer energy shortage UPDATE 1-S&P worried PG&E, Edison won't recover quickly TEXT-Moody's maintains Citizens Communications long-term rtg INTERVIEW-Dutch utility Remu says still plans Endesa link S&P worried PG&E, Edison won't recover anytime soon Old coal may breathe new 'green' energy into UK NW Natural sees lower than expected profits ahead Enron issues arbitration notice to India govt World Bank cuts funding for Kenya power-paper U.S. Duke Energy seeks power stations in Europe-FT ********************************************************* 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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