Message-ID: <16911359.1075841867204.JavaMail.evans@thyme> Date: Sun, 10 Dec 2000 16:04:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 11 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------ 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 ************************************************************************ ------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 ************************************************************************ ------Advertisement------ 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 ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (December 8) CALIFORNIA GOVERNOR 'OUTRAGED' OVER CALIFORNIA-ISO, FERC $250 POWER CAP California Gov. Gray Davis said late Friday he will work with state lawmakers to swiftly draft legislation to dismantle the state's grid operator after the non-profit agency secretly petitioned federal regulators to lift a $250 megawatt-hour wholesale power price cap. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/10/eng-djn/eng-djn_034219_96_4701064769179 CALIFORNIA'S ELECTRIC UTILITIES FACE FINANCIAL STRUGGLES A poorly designed market to deregulate the electricity industry in California has pushed the state's major utilities to the brink of a financial disaster, industry observers say. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/08/eng-djn/eng-djn_230022_142_16630528681 ENTERGY ALLOWED TO BID ON VERMONT YANKEE NUCLEAR PLANT Vermont utility regulators said Friday they will allow Entergy Nuclear LLC to submit a bid for the Vermont Yankee nuclear plant, creating the possibility of an open auction for the plant. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/08/eng-djn/eng-djn_232022_173_171349212062 RELIANT ENERGY ASKS PERMISSION TO BECOME RETAIL ELECTRIC PROVIDER Reliant Energy has asked Texas regulators for permission to be a retail electric provider when the state's electricity market is opened for competition. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/09/krtbn/0000-0218-HO-ENERGY -ALLEGHENY EXPANDS GROWING GENERATION PORTFOLIO WITH SOLAR ENERGY - ISSUEALERT FOR DECEMBER 8, 2000 Allegheny Energy Solutions, an unregulated subsidiary of Allegheny Energy, Inc., has added Siemens Solar Industries, L.P., to its growing portfolio of suppliers for distributed generation products. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/writersd esk/2000/12/08/eng-powerm-000001/eng-powerm-000001_112836_92_2956308838911 ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Entergy Allowed To Bid On Vermont Yankee Nuclear Plant Amid Power Crunch, Calif. Cos Reducing Electricity Use California's/Utilities -3: Market Meltdown California's/Utilities -2: Can't Pass Costs To Consumers California's Electric Utilities Face Financial Struggles BC Hydro:Still Selling Pwr To Calif,Despite Credit Fears Con Edison Power Interruption Caused By 345-kV Line PRESS RELEASE: Duquesne Light On Moody's Review-Uncertain US DOE Closely Monitoring Calif Pwr Woes; Secy Concerned Cuba/Direct Phone Lines With US -2: Not The First Time Dominion Eyeing Purchase Of Vermont Yankee Nuclear Plant CALIFORNIA POWER ALERT: Crisis Not Averted Czech Min: Buyers Of Energy Cos Revealed By End '01 -CTK Calif ISO Calls Off Stage 3 Pwr Emergency At 7:30 PM PST E.On Says Decision On Veag Buyer "Totally Open" 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 Mitchell Energy to Expand Plant Again Production in Northern Tarrant And Wise And Denton Counties Is Growing Rapidly. California's Power Woes Could Hit Texas Deregulation of Electricity And Rising Gas Prices Are Pinching Californians. Ferc Asked to Help with California Energy Crunch Federal Agencies Gear Up Hydro System to Meet Demand Southern California Utility Set for $331 Million Refunding Puget Sound Energy Files for An Adjustment on Natural-Gas Bills to Recover Higher Wholesale Gas Costs Calif. Restarts Dirty Power Plants -San Antonio Congressman Seeks Solutions to Energy Problems -Prot,g, of New Home Depot CEO Called a Natural for GE Power Seat Power to Stay Strong Despite Frigid Blast Duke Energy Honored for Massachusetts Wetlands Restoration Program Leadership On-site Power Surge Tdc Energy Corporation Announces Management Changes -Cap Gemini Ernst & Young Offers Utilities a "MarketEdge" With Openings of High-Performance CRM Design & Delivery Centers Southern Energy Inc. Developing Three Power Plant Projects Totaling 1,870 Megawatts Capacity Natural Gas Prices Hit All-Time High Levels Yankee, Cng Customers Already Facing Increases of Up to 28% for Year Cheap Natural Gas for East Coast Consumers Becomes a Fading Dream US Government Orders General Electric to Clean River Hudson Washington May Be in Tight Spot Next Week Power Drain: Expected Cold Snap Could Overtax Northwest System, with No Help in Sight Avista Files for Natural Gas Price Adjustments in Washington And Idaho Electric Energy Deregulation: Challenges for the Next Administration And Engineering Industries Top Energy Summaries - Friday, December 08, 2000 - 2:27 PM Repeats: Energy Volume And Open Interest Totals-DEC 8 Power Station Shut Down Enmax Energy Customer Billing under Way in Red Deer N.Y. Power Authority Sells $300 Million in Bonds December 8, 2000 Energy Conservation Fee Open-CIS Is Selected by Wps Resources Corporation for New Customer-Care PlatformOpen-C Solutions Signs Agreement with Wisconsin-Based Electric And Gas Utility Duke Energy CO Corp - Honored for Massachusetts Wetlands Restoration Program Leadership Morgan Stanley Starts General Electric at Strong Buy/$70 Goal (Ge) Stage 2 Electrical Emergency Still in Effect Energy Ventures Inc - Enters Into Relationship with Tdm Llc - to Develop Low-Cost Graphite Flow Plates Top Energy Summaries - Friday, December 08, 2000 - 12:24 PM Patriot Extension Open Season Begins December 12: New Duke Energy Pipeline to Serve Parts of Virginia And North Carolina -Allegheny Expands Growing Generation Portfolio with Solar Energy - IssueAlert for December 8, 2000 Ohio Consumers' Counsel Files Lawsuit Against Natural Gas Supplier Piedmont Natural Gas Reports 2000 Fiscal Year Operating Results Gas Liquids Supply to Be Pinched by High Natural Gas Prices; Propane & Other Feedstock Prices Soar Council Stands by Reliant Contract ; Electric Rate Hike to Back Buyout Rejected Fbr Initiates Coverage of Devx Energy; Buy Rating And 12-Month Price Target of $11 Per Share Power Officials' High-Wire Act / Rapid Shifts of Juice Keep State Plugged in Highest Energy Alert / Stage 3 Emergency Rolling Blackouts Narrowly Averted by Shutting Down Huge Pumps / Crunch Likely to Worsen / Danger of System Failure to Increase -- Cold Weather Fore -American Electric Power (AEP) Signs Contract with Peace Software -ISO Tariff Burdens Small Market Participants, Fosters Price Volatility, MMWEC Says -EPRI Addresses Electricity Demands of Digital Economy -NERC Appoints Ellen P. Vancko Director, Media Relations and Government Affairs Prize Energy Announces the Launch of New Website Mitchell Energy Takes Advantage of High Natural Gas Prices Teck Corp - Subsidiary Cominco Signs Power Swap Agreement for US$86m Top Energy Summaries - Friday, December 08, 2000 - 9:08 Am Calif. Taps Power from Huge Pumps Top Energy Summaries - Friday, December 08, 2000 - 7:39 Am Niles Panel Oks Sale of Land to Indeck Only 1 Member Votes Against Power Plant Petroglyph Energy, Inc. Sets Date for Stockholders' Meeting Ppl Corp. Hoping to Build Power Plant in Washington Utah Could Face Power Emergency Energy Ventures Inc - Forms R&D Collaboration for Fuel Cell Program Cominco Ltd - Signs Power Swap Agreement National Firm Enters State Gas Market Enron-Backed New Power Seeks Major Georgia Role Leading the Charge Barnes Wants GE Power Systems in Metro Atlanta Atlanta Real Estate Investments in Fuel-Energy Complex Should Be 20 Bln Dlrs. Rudy Backs New Power Plants Mass. Electric Rates May Rise 10% to 15% Geothermal System Ice Improves Industrial Utility Rates Power Play SAN Antonio: Iogcc Urges Federal Leaders to Adopt National Energy Policy ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Petroleum Official Warns Natural Gas Prices 'Out of Hand': Fears May Prompt Quick Fixes That May Hurt Industry Energy Industry to Tap Gas Top Energy Summaries - Friday, December 08, 2000 - 5:17 PM Hong Kong-Based Clp Power Buys 70 Pct Stake in Powergen India Pyramid Energy Inc - Pakistan Gas Production on Line Brazil: Three Thermal Electric Power Facilities to Be Constructed Cambodia to Receive US$18.6 Mln Adb Loan for Power Scheme Kuchma Thanks US for Aid to Solution of Energy Problems. Virgin Energy Launches First Dm Campaign Russia to Build New Nuclear Power Plant in Smolensk Region. Sasol, Government Sign Agreement for Transmission of Natural Gas from Mozambique Romanian Cabinet Approves Non-Refundable Energy Aid to Moldova Shell Renewables, Siemens Solar in talks to extend solar energy cooperation Philippines Government Halts Sale of Power Plants Offshore Wind Farm Opens Health-Pak Inc. Delaware Completes Acquisition of Life Energy Technology & Holdings Ltd. Adb Approves US$140 Mln Loan for Power Plant in Bangladesh Tanzania Seeks Power from Southern African Grid Russia: Putin's Envoy Intervenes Over Power Cuts to Region's Transmitters China: Former Zhejiang Power Plant Head Sentenced to 11 Years Jail for Bribery Malaysia in talks to build hydro-electric dam in Sudan Emerald Energy says Colombia well hitting 4,300 bopd SMB United mergers switchgear units into SMB Electric Former Power Plant Head Sentenced for Bribery China's Largest Wind-Power Generator to Blow Into Xinjiang Winds of Change Blow Into Electricity Industry Ebrd Clears N-power Loan for Ukraine ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm -San Antonio Congressman Seeks Solutions to Energy Problems -Indiana Gas Utilities Get OK to Hike Rates for One Month -Oklahoma Sees Ethanol Production as Bright Possibility for Future -Prot,g, of New Home Depot CEO Called a Natural for GE Power Seat Raleigh, N.C.-Based Utility Saves Millions on Quick Buyout of Florida Utility Lakewood, Wash., City Council Votes to Reinstate Utility Tax Low Northwest Temperatures Could Bring Power Blackouts Next Week Washington State Homeowners to See Benefits of Off-Peak Power First-Hand ST. Paul, Minn., Mayor'S Proposes Rebate Plan for Taxpayers California Energy Officials Ask Residents to Curb Holiday Lights Usage Cold Weather Worsens California'S Energy Crisis California Electrical Reserves Dip Below 1 Percent, Blackouts Ensue California Makes Surprise Inspections of Power Plants Shut for Repairs California Governor Faces Challenge in Handling State'S Energy Crisis California Power Alert Darkens Season: Delay Yule Lights, Public Urged Cold Weather Heats Up Worries About Northwest Electric Utilities Pittsburgh-Area Electric Utility Weighs Breakup, Sale New Jersey Supreme Court Allows Utility Giant Refinance Its Debt Conservation Groups Cite Energy Deregulation Fears for New Jersey Nuclear Reactors Await New Life Idaho Officials Ponder Next Move in Battle Over Utility Regulation Houston-Based Utility Asks Texas to Be Retail Electric Seller New Jersey's Largest Utility to Cut Electric Bills by 2 Percent Next Year Natural Gas Woes Won't Hit Michigan Homeowners Duke Energy'S New Head of Ethics, Diversity Gives Focus to Program GE'S Schenectady, N.Y., Power Unit Appoints Top Executive As New CEO Akron Beacon Journal, Ohio, Consumer Column ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html 12/10/00 Conectiv seeks buyer, interest seen muted - sources 12/10/00 Power workers threaten India with new strike 12/09/00 Calif. governor slams move to ease power price cap ********************************************************* 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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