Message-ID: <20731592.1075841869831.JavaMail.evans@thyme> Date: Thu, 8 Feb 2001 17:34:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 9 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. 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For additional information, download: http://www.pmaconference.com/distgen.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (February 8) CALIFORNIA POWER GRID OPERATOR EXTENDS STAGE 3 ALERT THROUGH THURSDAY The operator of California's high-voltage power grid declared its highest state of alert for Thursday, saying operating power reserves on the grid remained at or near 1.5%. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/08/eng-djn/eng-djn_000041_122_226998959668 POWER SUPPLIERS BALK AT BEING BILLED FOR UTILITIES DEFAULTS A group of power suppliers complained to federal regulators Thursday, after the California Power Exchange tried to hold them responsible for hundreds of millions of dollars in electricity bills defaulted on by the state's two largest utilities. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/08/eng-djn/eng-djn_230042_186_479729677085 BARTON SEES ENERGY POLICY BILL INCLUDING POWER DEREGULATION The national energy strategy legislation that is a top priority for the Bush administration and Congress will contain provisions restructuring the $215 billion U.S. electricity sector, U.S. Rep. Joe Barton, R-Texas, said Thursday. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/08/eng-djn/eng-djn_142101_196_144003558438 NATURAL-GAS UTILITIES IN FLORIDA GET APPROVAL TO INCREASE RATES Tuesday, TECO Peoples Gas, the state's largest gas distributor, received permission to pass on to its 260,000 consumers the rising cost of the fuel. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/02/08/krtbn/0000-0631-TM-GAS-UTILITY TEXAS ENERGY COMPANY PLANS POWER PLANTS IN BROWARD COUNTY, FLORIDA In response to Florida's mushrooming electricity demand, Texas energy giant Enron plans to build two power plants in northern Broward County and pipe natural gas into Port Everglades from a Bahamas transfer station. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/02/08/krtbn/0000-0344-MI-POWER-PLANT MADISON, WISCONSIN-BASED ENERGY COMPANY SUBSIDIARY PLANS POWER PLANTS IN BRAZIL A subsidiary of Madison-based Alliant Energy Corp. is planning to build two power plants in Brazil and has taken a stake in several Brazilian businesses as part of a strategy to expand its electricity generating business in overseas markets. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/02/08/krtbn/0000-0364-MW-POWER-BRAZIL ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Pwr Suppliers Balk At Being Billed For Utils' Defaults Maine Industrial Energy Bills To Jump More Than 25% Despite Controversy, Hopes Lift On Calif. Utility Bonds PRESS RELEASE: Calif Power Bill A Positive Step - Moody's Positive Financial Impact From Calif Power Law - Moody's AES Not Available To Comment On Iberdrola Report US Energy Secy: Plans To Meet Venezuela Oil Min This Wk Developers Debate Bandwidth Pooling Point Neutrality Barton Sees Nuclear Waste First Energy Bill To Reach Bush Calif Credit,Pwr Supply On Line As DOE Pwr Order Ends Spain's Cantabrico Bd To Meet In Next Two Weeks >E.HIC Barton Sees Energy Policy Bill Including Power Dereg Iberdrola Stock Rises On Reports E.On Could Be Suitor Amer Electric Power To Sell Frontera Plant To Teco Energy Teco Sees Plant Acquisition Immediately Adding To Net Revised Palo Verde Futures Vol. Feb. 07, 25 US Weather: Storms Move Through Central U.S. Reliant Energy Must Sell Power To Calif Thurs - Fed Judge Calif/Power Purchases -2: DWR Ducking Its Duty -Reliant Calif Utils On Hook As Water Dept Limits Power Purchases Calif Pwr Grid Oper Extends Stage 3 Alert Through Thu 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 Rahall Urges President Bush to Support Coal Miners Judge Orders 3 Suppliers Sell Power Calif. Streamlines Power Plant Rules Craig Hydroelectric Power Bill to Streamline Licensing Process Top Energy Summaries - Thursday, February 08, 2001 - 5:18 PM New Power Plants Needed Quickly Waste Management Landfill Gas-to-Energy Project Earns `Project of The Year' Award from Usepa Sempra Energy - Sempra Atlantic Gas And Town of Amherst Sign Gas Distribution - Agreement Madison Gas And Electric Reports Record Year-End Results Dairyland Power Increases Profitability at Electric Generating Unit by Utilizing Pegasus Optimization Appworx Powers Utility Company with Automation Technology; Texas-New Mexico Power Company Leverages Appworx Enterprise Scheduler for Premier Customer Support Reliant Energy Rtgs Revised to Rating Watch Neg by Fitch Mud Official Slams Natural Gas Firms Selected Natural Gas Cost Per Unit Advisory/Weekly Power Update Environmental Laws Not to Blame for California Power Crisis, Energy Experts Say U.S. FERC chairman not in favour of California buying utility assets Council Chief: Facing An Impossible Task, Chairman Weighs Needs of Fish Vs. Energy $%Power Planners Face Tough Choices Colo. Firm Sues Calif. Utility Consol Energy Reports January Production Results Lawsuit Could Raise Electric Bills Significantly California Utilities West Battles Power Crisis on Many Fronts Effects of California Energy Crunch Ripple Into Other States Northwest Lawmakers Geothermal Heat Helps Pocketbook for Some Rates Are Still Lower Than Natural Gas Even with Boise's 20 Percent Increase 02/08 CFE Guarantees Electric Supply For Next 6 Years Williams Energy Raises $86 Million in IPO Utility Money Shift Causes Outrage Houston: Bush Warned to Change Energy Policy Now Integrate Our Power Repeats: Energy Volume And Open Interest Totals-Feb 8 Top Energy Summaries - Thursday, February 08, 2001 - 2:29 PM Tepco to Freeze Plans for 12 Power Stations Energy Update/Los Angeles Department of Water And Power Daily Energy Update, Thursday, Feb. 8, 2001 Power Company Has Eye on Chicken Litter Peabody Expected to Build Power Plant Tradespark Announces Energy Trades of Over $16 Billion Notional Value Since October 2000 Launch; Over 125 Companies Now Trade in Fast, Efficient, Market-Neutral Electronic Marketplace Greenvolt Power Utilizing Electric Vehicle Powering System for Field Testing of Its Alkaline Fuel Cell TechnologyUtilization of Supercapacitor Cited As Important Benefit to Performance Industry, Academic Experts Discuss Energy Crisis and Future of Deregulation at McCombs School of Business at UT Austin Dan Walters: Media Affect Utility Actions Energy Crisis Focus of Hearing: Assembly Panel Takes Wide-Ranging Approach Power Rate Jumps, But Some in Susanville Cheer Congresswoman Stephanie Tubbs Jones to Host Town Hall Meeting on Utility Deregulation Nueva Azalea Electric Plant Receives Endorsement from Leading Environmental OrganizationAcclaimed Environmentally Sensitive Electric Plant Receives Environmental Endorsement Empire Electric Files $80m Mixed Securities Shelf (Ede) We're Off Energy Life Support Turlock to Add New Backup Power Unit for Police City to Cite Benefits of Energy Costs Advanced Engine Technologies' Ox2 Engine Poised As Alternative for Future World Energy NeedsTesting Focuses on Generator Applications in Wake of California Power Crisis Top Energy Summaries - Thursday, February 08, 2001 - 12:38 PM Full: Teco Energy to Acquire AEP's Frontera Power Station Midcoast Energy Resources Inc - Continues Sour Gas Processing Consolidation Efforts in Alberta Gef Releases Renewable Energy Report - Regional Businesses Face Electric Rate Rise As Heating Bills Continue to Soar, Cities, Villages Collect More Taxes Many Communities Realize Major Jump in Utility Revenue; Help for Needy Not in Plans Ocean Power Corp - Issues Letter to Shareholders Optimal Energy Systems Names Williams to Board of Directors Josephthal & CO., Inc. Initiates Coverage of Electric Fuel Corporation Competisys Selects Telution to Power Energy And Communication Convergence Calpine Corp: Encal Energy Ltd - Calpine Plans to Acquire Encal Energy Ltd. for $1.2 Billion Nuevo Energy Sees 1q Eps of $0.33, Above Zacks $0.30 Est. (Nev) Ocean Power Corporation Issues Letter to Shareholders Top Energy Summaries - Thursday, February 08, 2001 - 9:18 Am Dupont Canada to Launch Fuel Cell Initiative Exelon Corp - Peco Energy Completes Power Restoration - After Surprise Storm, Thanks Customers for Patience; - Fifth Worst Winter Storm in Peco History Aep to Sell Frontera Plant to Teco Energy Catalytica Energy Systems' Xonon Receives EPA Validation for Its Ultra-Low Emissions Capabilities Report Provides Blueprint for Energy Options ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm WB, Edc Planning Power Grid in Cambodia Tepco Not to Freeze New Nuclear Power Projects: Hiranuma Pemex Relents; Natural Gas Contracts Will Not Include Minimum Purchase Volumes (Updated) Tokyo Electric to Curb Capacity Expansion Japan's Power Demand Up 3.4 Pct in 2000 Westcoast Energy Looking at Future Expansion; British Brazil: Argentinean Energy Arrives in Brazil Indian Government: Power Trading Corporation Web Site Launched by Shri Prabhu to Enable Power Transactions Online Daytona Energy Corp - Gas Exploration - Turkey - Canhidir-1 Current Status Nuclear Power Production to Go Up in India Acei Receives $45 Million Annual Business from The Holley Group Through Its New Subsidiary -- "Power Automation Corporation" CORRECTION: Singapore Power, Pertamina to sign gas supply deal in Jakarta Feb Chubu Electric to Help Firms Have Own Power Facilities Philippine Congress winds up work after toppling a president North Korea refuses to let Seoul inspect power plants State Talks Prices with Power Companies Japan's oldest nuclear reacor to resume power generation Koreas Have Railway, Energy Talks CBK Power finalises 460 mln usd financing for Philippine power project Inter-Korean Talks on Power Supply Open in Pyongyang Pakistan Waives Duty on Machinery for Hydro Power Project -Oklahoma's Natural Gas Price Drops Seoul wants power plants study before free electricity move ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Natural-Gas Utilities in Florida Get Approval to Increase Rates Electricity Rates Appear to Be Uneven in Tacoma, Wash., Area High Natural Gas Prices Lead to Protests in Atlanta Savannah, GA., Residents Discuss Natural Gas Bills with Local Legislators Utah Residents See Wood Stoves As Viable Option to High Heating Bills Utah Water Officials Predict Problems with New Federal Arsenic Standard Utilities, Utah Officials Work on Details of Energy-Crisis Response Plan Northwest U.S. Utility Company Avista Reports Higher Than Expected Earnings Two Washington State Utilities Hint at Possible Rate Hike Kaiser Aluminum Hedges on Pinpointing Usage of Electricity Windfall California Consumers Snap Up Energy-Saving Products San Luis Obispo, Calif.-Area Homeowners Pay High Energy Bills, Try to Conserve San Luis Obispo, Calif.-Area Businesses Prepared for Rolling Blackouts ST. Louis-Based Utility Ameren Corp. Reports Record Profit for 2000 Public Relations Missteps Hurt California Utilities California's Pacific Gas & Electric Makes Last-Ditch Offers to Gas Suppliers California's Electricity-Buying Deals Fall Short of Need E-Mail Campaign Urges California Consumers to Conserve Energy Rochester, Minn.-Area Heating Bills to Shrink Somewhat for February Four Northwest U.S. States Agree Over Hydroelectric Power Distribution Seven Southwest Florida Communities to Unify in Water Planning Englewood, Fla., Water District Nears Contract with New Administrator Senate to Open Investigation Into Rate Policies of Tennessee Valley Authority Clermont, Fla.-Area Residents Cope with High Natural Gas Bills California Lawmakers Hope to Stabilize Electricity Market with State Help California Lawmakers Remain Reluctant to Assign High Electricity Rates Madison, Wis.-Based Energy Company Subsidiary Plans Power Plants in Brazil Alabama Utility Cuts Rates by 4 Percent Texas Energy Company Plans Power Plants in Broward County, Fla. Lawrence, Kan.-Area Heating Bills to Cool Down Somewhat Customers of Houston-Based Reliant Energy Get to Choose New Power Supplier Texas Utility Customers to Get A Taste of Deregulation Portland, Ore., Event Addresses Immediate Future of Western Power Crisis San Diego Lawmakers Battle for Inclusion in California's Power Solutions California Regulators Prohibit Interruptions in Gasoline Pipeline Operations North San Diego County, Calif., Businesses Struggle to Conserve Energy North County, Calif., May Experience Economic Slump Due to High Utility Rates San Diego-Area Leaders Pressure State Government on Electricity Rates Western Gas Resources Sues Pacific Gas And Electric Over Payment Water Shares Increase in Britain on Speculation of Industry Restructuring Scottish Power Stays Optimistic Despite Problems in Utah, California Dallas-Based Energy Utility Txu's Revenue Jumps, But Profit Falls Madison, Wis.-Based Utility Holding Company Reports Higher Earnings in 2000 California Plan Signals Just One Step Toward Solving Energy Crisis Canadian Firm to Sell Natural Gas from Overlooked California Oil Field New Contractor Begins Managing Texas Nuclear-Weapons Plant Bill Gates Buys 6 Percent Stake in New Mexico Utility High Energy Prices Make It Worthwhile to Conserve, South Dakota Utilities Urge South Dakota, California Face Different, Yet Equally Severe, Energy Crises -Deregulation Movement Pushes Ahead in Florida -Public Policies Contribute to Increase in Cost of Natural Gas -Tennessee May Recover Losses on Investment in PG&E -Oklahoma's Natural Gas Price Drops -Battle Begins in Florida to Broker Energy Deregulation Solution -Georgia's Top Natural-Gas Marketers Cut Prices -What do Florida and California have in common? St. Petersburg Times, Fla., Robert Trigaux Column ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html S&P revises Reliant Energy Inc outlook Southern and Vattenfall to meet soon on Bewag - source Canada spot natgas climbs with continued cold UPDATE 1-Online exchange TradeSpark says building critical mass Moody's rates planned Reliant Energy entities TradeSpark says online energy trades top $16 bln Powergen fades as E.ON bid hopes wane DuPont forms fuel cell business UPDATE 3-E.ON denies in takeover talks with Iberdrola UPDATE 1-FERC head says no to Western power price caps Brazil Gerasul rallies on buyout restart rumors US FERC head says power price caps wrong for Calif. Giuliani wants court to rethink golf course water plant ruling Westcoast Energy mulls Canadian pipeline expansion Calif. power alert continues ahead of key court ruling Rio Tinto's Kennecott Copper dodges US electricity crisis Utilicorp United earnings rise, match estimates TEPCO to cut capex, freeze new power plants EU troika cancels Bosnia trip due govt crisis Network access a priority in EU's power market plan PG&E warns financial woes threaten N.Calif gas service WRAPUP 2-Calif. Gov. moves to boost state's electric supply American Electric Power to sell plant to TECO NorthWestern Q4 earnings rise 11 percent Potomac Electric leading bidder for Conectiv-WSJ Fed. judge extends Calif. power sales through Feb 16 Power producer Calpine to buy Canada's Encal DaimlerChrysler powers DAX, E.ON slips on takeover report South Korea says power reform plans on track UPDATE 1-Calif. treasurer proposes buying power grid UPDATE 1-Fed. judge extends Calif. power sales through Feb 16 Moody's says even risk high in Australia, NZ utilities Fortis fouth-quarter earnings up on increased revenue Enron puts Bosnia projects on hold amid govt crisis ********************************************************* 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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