Message-ID: <17573383.1075841869706.JavaMail.evans@thyme> Date: Mon, 5 Feb 2001 14:10:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 6 February 2001 Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 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. 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 ************************************************************************ "THE SUBJECTS" 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? WEATHER RISK --- Is it a market yet? TRANSMISSION CONSTRAINTS --- Completely intractable? PROVIDER OF LAST RESORT --- Dumping Ground? THE WEB --- Don?t get fooled again. RETAIL BILLING --- Getting it right POWERLINE TELECOM --- The next big thing? ROLLING BLACKOUTS --- Peak shaving? DISTRIBUTED GENERATION --- Ready to boom? COAL --- Fuel of the Future? And, WHERE IS YOUR CAREER GOING? BE READY --- KNOW THE ANSWERS Attend the Power Marketing Association?s annual spring meeting: POWER MARKETS 2001: CRISIS AND OPPORTUNITY March 14-16, 2001 Las Vegas For the complete agenda: http://www.pmaconference.com/0103Agenda.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (February 5) POWER COSTS MAY SHIFT TO CALIFORNIA COMPANIES UNDER NEW LAW California business owners may be breathing a sign of relief now that a law authorizing the state to buy long-term power contracts will help keep the lights on throughout the state. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/05/eng-djn/eng-djn_112059_48_6029639840126 CALIFORNIA'S CASH, POWER PROBLEMS SPREADING IN PACIFIC NW California's electricity crisis is making inroads into the Pacific Northwest, where power supplies are running short and at least one public utility said it too faces the threat of insolvency. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/05/eng-djn/eng-djn_162112_199_772038192023 TRANSALTA ANNOUNCES MAJOR EXPANSION - ADDS NEARLY 1,200 MEGAWATTS OF COAL, GAS AND WIND POWER IN ALBERTA AND WASHINGTON STATE TransAlta announced today plans for a 900-megawatt expansion of their coal-fired Keephills power plant located near Edmonton, Alberta, and the construction of a 248-MW gas-fired power plant on the site of their Centralia, Washington, facility. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2 001/02/05/bw/0000-3362-.industrytopstories.util DOMINION CEO: NEW POWER, GAS CAPACITY TO DRIVE GROWTH Dominion Resources Inc. plans to expand its business by developing and acquiring natural gas pipelines and power plants, not by merging with other utilities as some observers have speculated, the company's top executive said. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/05/eng-djn/eng-djn_154024_131_204523935448 SCOTTISH POWER US ARM GRANTED $70M UTAH INTERIM RATE RISE Scottish Power PLC said Monday that U.S. subsidiary PacifiCorp has been granted a $70 million interim rate increase in Utah for the recovery of excess power costs. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/05/eng-djn/eng-djn_084029_118_04634014843 ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Calif's Cash, Power Problems Spreading In Pacific NW Dominion CEO: New Power, Gas Capacity To Drive Growth California Power Woes Put Heat On Texas Investment Pool PRESS RELEASE: Calif ISO Issuer Credit Cut To D: S&P Calif Independent Sys Oper Issuer Credit Cut To D: S&P Jackson's Protests Have Benefited Friends, Family -Report PRESS RELEASE: Moody's Comments On Passage Of Calif AB1 Japan Govt, Power Indus To Study Calif Crisis - Nikkei Shell, Hydro-Que/JV -2: For Development To Sale >RD X.HQB Power Costs May Shift To Calif Companies Under New Law SoCal Ed Clarifies No Payments Made To Orange County US Weather: Snow In Northeast; Clear Skies In Southwest Shell Hydrogen, Hydro-Quebec In Hydrogen Storage JV Metallurg's Gesellschaft Is Also Part Of Hydrogen JV Scottish Power US Arm Granted $70M Utah Interim Rate Rise Cajastur, EDP's Cantabrico Co-Bid 'Irrevocable' -Cajastur 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 Timely Warm Spell May Help Power Picture Green Mountain Power Reports Results for 2000 Energy Update/Los Angeles Department of Water And Power Daily Energy Update for Monday, Feb. 5, 2001 Fusive.Com Helps Southern Company Transfer Power to Its Online Customers California Serves As Bush's Scapegoat For New Energy Plan Energy Prices Snapshot Top Energy Summaries - Monday, February 05, 2001 - 4:51 PM New England Natural Gas Industry Responds to ISO NE Study El Paso Opens New Energy Trading Floor Transalta Announces Major ExpansionAdds Nearly 1,200 Megawatts of Coal, Gas And Wind Power in Alberta And Washington State NW Energy Efficiency Alliance Plans for Future Electric Energy Use; Time Is Right for Workshop to Examine Consumer Trends for Next 15 Years Power Outages Conference to Be Held in Washington, DC February 12-13 Merrill Upgrades Active Power to I-T Buy from Accum. (Acpw) State's Energy Fear? Price Supply Ok, But Cap on Rates Ends in '04 There's Power Enough - Barring a Cold Snap The Drain on Area's Power - And Money Economic Impact: It's Not Just The High Energy Bills, It's Fact They're Being Paid to Faraway Suppliers Top Energy Summaries - Monday, February 05, 2001 - 2:22 PM Watt's a Power Station Worth? General Electric Allegedly Cutting 75,000 Jobs Repeats: Energy Volume And Open Interest Totals-Feb 5 Power Utility Database Updated with 2,611 Web Sites for Industry Personnel Use Energy America Distributes $5 Million in Rebate Checks to Customers in Michigan R & M Energy Systems "Goes Live" with Intentia's Movex Customer Relationship Management for Energy Industry Could Be Matter of Survival Williams Coal Seam Gas Royalty Trust Announces Quarterly Cash Distribution And Estimated Tax Credit Top Energy Summaries - Monday, February 05, 2001 - 12:23 PM New Jersey 1htprnt R11 851217 10:57:38 5-Feb-01 Page 228 New3 ; Electrical Fault Suspected in Paterson House Fire U.S. Battery And Fuel Cell Patents Generating Power from Alpha-Particle Sources Reciprocity, Utility, And the Law of Aggression Doing Nothing on Energy Gas-Power Firms Dominate Energy 50 Ranking in 2000 Chipmakers Face Power Struggles (2/5) Energy Lessons Learned from The 2000 Campaign Integrated Energy Companies Becoming Archaic, Skilling Says California Soaks Up Solar Rays Enterprise Products Expands with Growth in Natural Gas Liquids Energy Executives Fearful of Return to Regulation Meeting Report: Power 2000 September 24-27 San Diego, California Part II Baldor Electric Company 2000 Year-End Audited Results Eea - Natural Gas Production Increases Likely to Yield Price Break ISO New England Releases Comprehensive Report on Region's Natural Gas Pipeline Infrastructure Natural Gas Prices for February Drop Sharply, Especially in New York/New Jersey And California, According to Platts; Drop Seen More A Sign of Volatility Than Long-Term Trend Hill Short-Term Forecast: Inventory Shortage Supports Continued High U.S. Coal Prices Wisconsin Electric, DNR Sign Innovative Environmental Agreement; Environmental Cooperative Agreement Is A First for The State Wsi Expands Energycast Powertrader & Gastrader Coverage to West Coast And Texas Markets; Meteorologists Provide Weather Forecasts And Consulting That Energy Traders Can Translate Into Power GE Digital Energy Acquires Mission Critical Design And Engineering Firm Electric City Hails Governor Davis Executive OrderCalifornia Governor Issues Executive Order Requiring Retail Industry to Reduce After-Hours Lighting Energy Use by 80% - Energysaver(TM) Helps Customers Comply And Save Money at The Same Time Energyguide.Com And Allbusiness Partner to Help Small Businesses Lower Their Energy Bills H Power And Air Products Sign Letters of Intent to Explore Business Alliance And Conduct Market Analysis for Fuel Cell Powered ProductsMarkets for Small Portable/Mobile Fuel Cell Applications And High-Value/Critical-Service Telecom Back-Up Applications to Be Analyzed Imserv Announces New Energy Data on-Demand --Edo-- Service Serveron Corporation Launched to Monitor the Performance of Critical Electric Power Transmission And Distribution Equipment California Energy Plan Passed, High Bills Likely for Most Users Magnadrive's Device to Optimise Energy Usage Full: Patterson Energy, Uti Energy to Merge What to Do About Energy? Officials Ponder Measures to Prevent High Prices Next Year Bush's Energy Surge Medis Technologies Announces Cooperation Agreement with Sagem SA to Jointly Develop Fuel Cell Technology The Energy Crunch / Legislature Wrestles with Crisis Overload / Forced Energy Sales to State Set to Expire Variety of Events Planned at Center Avista Representative to Speak on Power Crisis Con Edison Taps the Power of Openviz by Avs to Visualize Manhattan Electrical Usage Data Meteor Industries Announces Sale of Subsidiaries to Capco Energy, Inc. Energy Crisis Kms Power Updates Progress at Expansion 2000 And Institutes Measures to Mitigate Impact of Gas Prices Cmp 2000 Resource LP And Cmp 2000 II Resource LP Acquire Shares of Kinetic Energy Inc. Acquisition of A Natural Gas Property Energy Privatization Advisor This Week Plan to Buy Power Plant Meets with Cautious Interest Power Might Come from Across Street ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Wuhan to Build Trash-Burning Power Plant S&P Rates Lir Energy Ltd US$150m Notes `BB-' Standard & Poor's Rates Lir Energy Ltd US$150m Notes 'Bb-' Australia's BHP to Provide LNG to Tohoku Electric Power Spain Utility Groups Call Off Merger SPCC Controls Fate of Ilo Power Plant Expansion - Peru Power Plant Expansion Depends on SPCC Ilo Decision - Peru Cemig Yet to Start Hydro Feasibility Studies - Brazil Chinese Joint Venture Announced by the Electric Transportation Company Infineon Technologies Produces World's First Power Semiconductors in Silicon Carbide Entergy's Damhead Creek UK Power Plant Begins Commercial Operations Russia's Regional Leader Resigns Over Energy Crisis Air France Selects Broadvision E-Business Solutions for Its Next-Generation Web Sites Foster Wheeler to Supply Turnkey Power Plant in Finland Indian Government: More Than Eighty Per Cent Earthquake Affected Villages Reconnected with Power Supply Russia Nuclear Scientists Designed Cheap Energy Plant. Air France Selects Broadvision E-Business Solutions for Its Next-Generation Web SitesSuite of E-Business Applications from Broadvision Allows Air France to Build New Sites And Personalize Customer Interactions Six Japan Cos Set Up Joint Venture to Make Next Generation LCD ADB extends deadline for power sector loan to Philippines Hong Kong: Engineer Gets Award for Energy Innovation North West Shelf partners sign LNG supply deal with Tohoku Electric China Predicts Use of Natural Gas for Energy Will Rise Power Infrastructure Projects in Vietnam Fall Behind Schedule ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Chicago University Researchers Use the Power of Light to Move Tiny Particles Saint Paul Pioneer Press, Minn., Business Queries Column Energy Crisis Devastates California Greenhouse Growers Seattle-Area Businesses Cut Back on Energy Consumption Sacramento, Calif., Utility Employees Cope with Customers with High Bills Peoria, Ill.-Area Homeowners Seek Ways to Lower Heating Bills Peoria, Ill., Residents Turn to Coal, Corn As Alternative Fuel Sources California Deregulation Debacle to Slow Utility Restructuring in Kentucky Coal Returns As Alternative Heat Source for Kentucky Residents Orlando, Fla., Water District Wastes Billions of Gallons Rising Power Bills Hit Large Energy Users in Orange County, Calif. Wisconsin Judge Dismisses Energy Company's Challenge to Investment Limits Florida Power Company Asks for A Fuel-Adjustment Increase Missouri Public Service Commission Wants Quick Review of Gas Utilities The Kansas City Star, Mo., Jerry Heaster Column Florida Power Company Asks Regulators for A Rate Hike California Power Outages Open Up Questions on Employee Pay ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html TransAlta plans C$2.1 billion expansion S&P cuts Calif ISO credit rating to ``D,'' or default ANALYSIS-Lame marketing turns UK consumers off green power Groups sue NYPA to stop new power plants in NYC U.S. Energy changes accounting firms UPDATE 2-Scottish Power gets Utah rate rise UPDATE 1-Volatility boosts Williams' continuing earnings S&P rates Companhia Energetica de Sao Paulo Canada spot natgas falls with weak NYMEX futures UPDATE 3-Spain's Endesa, Iberdrola merger collapses N.Korea sets Feb 7 energy talks with South Hanover and OEC delay merger closing, OEC to re-vote Repsol YPF not considering fresh bid for Iberdrola White House won't bend on power supplies for Calif. National Technical sees Q4 hurt by Calif. energy crisis Water shortage seen hitting Vietnam crops, power Iberdrola says open to value-creating deal El Paso sees 2001 EPS of $3.25 in 2001 UPDATE 1-Endesa-Chile 2000 net profit vs loss in 1999 ********************************************************* 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. 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! Check it out today! http://www.energyyellowpages.net/ ---------------------------------------------------------------------- OTHER NEWS & INFORMATION FEATURES ON POWERMARKETERS.COM ---------------------------------------------------------------------- PRICEWATERHOUSECOOPERS NEXT-DAY POWERTRAX ELECTRIC PRICE INDEX: Access online at: http://www.powermarketers.com/p-trax.htm ELECTRICITY SPOT PRICES: Access online at: http://www2.dtnergy.com/pma/btu.plx ELECTRICITY FUTURES PRICES: Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.quotes.cfm NATURAL GAS FUTURES PRICES: Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.gas.quotes.cfm THE PowerMarketers.com JobSite: Access online at: http://www.powermarketers.com/pmajobs.htm A daily visit to "The PMA Jobs Site" at http://www.powermarketers.com/pmajobs.htm connects you to a wealth of power industry opportunities that could supercharge your career! 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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