Message-ID: <25742030.1075841869954.JavaMail.evans@thyme> Date: Tue, 13 Feb 2001 15:31:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 14 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 ************************************************************************ CRISIS AND OPPORTUNITY: POWER MARKETS 2001 http://www.pmaconference.com/0103Agenda.pdf Every day the headlines bring us more information: -- Western governors are petitioning for streamlining of permitting for new powerplants. -- The availability of sufficient natural gas to serve Northeastern plants is being questioned -- The law which requires sales to bankrupt California utilities is slated for revokation. -- Hydroelectric plants which were considered candidates for decommissioning are now likely to continue operating. -- Microturbines, originally thought to be a niche market, seem set to make dramatic market inroads. You can find the individual stories at http://www.powermarketers.com. To put it all in context, join some of the tens of thousands of your fellow readers at the Power Marketing Association?s annual spring meeting: CRISIS AND OPPORTUNITY: POWER MARKETS 2001: March 15-16, 2001 Aladdin Hotel Las Vegas and Fundamentals of Power Marketing Seminar Preconference Seminar March 14, 2001 http://www.pmaconference.com/0103Agenda.pdf ********************************************************************** DISTRIBUTED GENERATION an Energy Info Source Report * The Key Technologies being used or planned for DG * The Uses of DG from utility, energy service provider, and customer viewpoints * The Economics of DG and its Market Potential * The Benefits of DG * The Barriers that exist to implementing DG * The Participants involved in the DG industry * The state of Current Regulatory Activities and Rulings affecting the implementation of DG Only $999. For additional information, download: http://www.pmaconference.com/distgen.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (February 13) JUDGE DENIES SOUTHERN CALIFORNIA UTILITY RATE HIKE In a setback for Southern California Edison, a federal judge on Monday denied the utility's request to immediately raise electricity rates and pass on billions in wholesale power costs to consumers. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/02/13/krtbn/0000-0331-OC-UTILITY SMALLER, TEMPORARY POWER PLANTS MAY NOT BE AVAILABLE TO CALIFORNIA A problem emerged Friday with Gov. Gray Davis' plan for rescuing California from blackouts this summer: The small "peaker" plants key to the proposal may be unavailable. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/02/13/krtbn/0000-0450-SJ-POWER-PLANTS THERMO ELECTRON TO SELL POWER-GENERATION UNIT Thermo Electron Corp. signed a definitive agreement to sell its Thermo Ecotek power-generation unit to AES Corp. for $195 million cash, plus a closing adjustment for continuing project development expenses incurred between Sept. 30 and the closing date. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 02/13/eng-djn/eng-djn_122036_192_649369435385 ADVOCATES OF DEREGULATION PLUG THEIR ENERGY PROPOSALS TO MINNESOTA LAWMAKERS Whether it goes by the name of "restructuring" or "retail price competition," Minnesota lawmakers on Monday got an overview of a proposal favored by the state's top business group that would let customers pick their energy companies in the same way they now chose their telephone companies. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/02/13/krtbn/0000-0463-SP-ENERGY CALPINE'S SKYGEN ENERGY UNIT ANNOUNCES 600-MW RIVERGEN ENERGY CENTER Calpine Corporation today announced its wholly owned subsidiary SkyGen Energy LLC has entered into an agreement to supply Alliant Energy's Wisconsin Power & Light Co. 453 megawatts of electric capacity and energy from SkyGen's new $350 million electric generating facility. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2 001/02/13/pr/0000-0299-ca-calpine-rivergen ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index New Source Review Seen As Litmus Test For Whitman's EPA AES To Pay Minimum CLP137.52/Shr For 4.3% Of GenerChile Calpine Plans New 600-MW Wisc. Plant; 453-MW For Alliant Thermo Electron/AES Corp-2:First Phase Seen Closing In 2Q PRESS RELEASE:S&P Affirms Calpine Corp.'BB+' On Encal Buy Calpine Corp. Sr Unsec `BB' Affirmed By S&P>CPN Duke Sues Calif Grid Operator Over Pwr Sales To Utils-Rpt Thermo Electron To Sell Unit To AES Corp >TMO Thermo Electron To Sell Thermo Ecotek For $195M Cash Thermo Electron To Sell Power-Generation Unit >TMO CNMV Kerfuffle Doesn't Change Much In Cantabrico Bidding UPDATE: ABB's Pft, Outlook, Get Mixed Reviews: Shrs Dive Asia Pwr Indus Trending Towards More Privatization - Exec ABB's Pft, Outlook, Get Mixed Reviews; Shrs Slump ABB/Profit -4: Five-Year Plan Aims To Improve Profits Southern/Singapore Pwr -3: Local Competition Strong Southern/Singapore Pwr -2: To Spend Up To $2 Bln ABB/Profit -3: Sets Shr Buyback, Confirms NYSE Plans Schlumberger Bids For Troubled Sema Group >SLB S Korea Kepco/Fuel Oil-2: At $152.10,$153.02/MT,C&F Ulsan ABB/Profit -2: Earings Per Share Up 7% At $4.89>Z.ABB Edison Intl/SRM-ENCO -2: Unit Provides Elec, Gas Systems ABB 2000 4Q Sales $6.75BB Vs $6.9B 4Q 1999>Z.ABB ABB 2000 Order Intake +3% To $25.44B>Z.ABB ABB 2000 EBIT Up 23% To $1.385B, '01 Jump Seen>Z.ABB ABB 4Q Net Pft $219M Vs $220M 4Q 1999>Z.ABB ABB 2000 Sales $22.967B Vs $24.356B 1999>Z.ABB ABB Sets Unchanged Dividend On 2000 Results>Z.ABB ABB 2000 Net Pft $1.443B Vs $1.36B>Z.ABB 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 Devx Energy, Inc. Announces Exploration Agreement Power Crisis Produces Opportunities for Utility CompaniesKline & Company Offers Services to Identify Premium Customers Nepa MD in Port-Harcourt, Tasks Staff on Independent Power Producers Reliant Energy to Purchase Power from Future El Paso Energy Facilities in Florida World Energy Exchange Taps Martin Goldenblatt to Lead Business Development Calif.-Style Power Woes Unlikely in Ohio US/Canada Spot Natural Gas: Topock Hits $40 on High Pipe Demand AP Corrects Calif. Power Story Integrated Electrical Services to Webcast Meeting with Analysts During Florida Field Trip David Andrews Elected Treasurer of Nuevo Energy Company Congressman to Challenge Rules That Would Shut US Power Plants Energy Marketers Make the Money, Get the Blame Power Crunch: But Probes Likely to Find It's All Legal in Deregulation Era Unions Join Calif. Energy Coalition Sithe Closes $1.25 Billion Financing for Construction of Mystic 8 & 9 And Fore River Stations in Greater Boston AreaLargest-Ever Project Financing for A U.S. Independent Power Project First Large Scale Build Out by An Independent Power Producer of Assets Acquired Through Utility Divesture Business; Wind Power Payment Energy Concerns And High Prices Fueling Americans' Dissatisfaction with U.S. Energy Policy Top Energy Summaries - Tuesday, February 13, 2001 - 2:01 PM The Energy Crunch: Bpa May Change Its Rates Every Six Months Repeats: Energy Volume And Open Interest Totals-Feb 13 Power Plant Permits Placed on Hold Coal May Be King Again Fuel Cell Sector Coverage Launched by Warburg, Wedbush (Fcel) Salomon Initiates Six in Electric Utility Sector (Ceg) Ohio Consumers' Counsel Alerts Natural Gas Consumers About the Hazards of Variable Rate OffersStand Energy Customers Should Be Aware of Rising Variable Rate Offers Alta French Fry Plant Expansion Postponed Due to High Energy Costs Report Provides Blueprint for Energy Options Crisis Fuels Solar Power Sales: Capital Companies Find Resurgence of Interest Energy Update/Los Angeles Department of Water And Power Daily Energy Update, Tuesday, Feb. 13, 2001 New Honda-Designed Fuel Cell Added to California Fuel Cell Vehicle Demonstration Program AMEX to Trade Options on Chesapeake Energy Corporation And Trigon Healthcare, Inc. Top Energy Summaries - Tuesday, February 13, 2001 - 12:40 PM Allegheny Energy Acquires Equity Interest in Utility Associates U.S. Energy Corp. Subsidiary Finalizes Option with Division of Suncor Energy Inc. to Explore And Develop Coalbed Methane Properties in Montana Ocean Energy Presenting at Ubs Warberg Energy Conference Leaders in the Energy Industry Choose Orgpublisher for Intranets by Timevision Inc.; New Energy Customers Include Alstom Power Inc., Amerenue And Dakota Electric Association Calpine's Skygen Energy Unit Announces 600-Mw Rivergen Energy CenterNew Project to Deliver 10-Year Supply of Electricity to Wisconsin Power & Light National Power Index Now Carries Mirant Name California Power Impacts Hi-Tech Sectors; March Colocation Summit Could Offer Long-Term Solutions Aep, Fix the Power Problem Now Tethys Energy Inc - 2000 Year End Reserves Tep Plans Power-Line Link with Utility in Nogales, Ariz. Calif. Still Suffers Power Crisis Thermo Electron Signs Agreement to Sell Power-Generation Business Top Energy Summaries - Tuesday, February 13, 2001 - 9:17 Am Energyon.Com And Servisense Partner to Offer Bundled Telecommunications And Energy Services for CustomersCustomers Can Now Pay Their Telephone And Energy Bills in One Simple Monthly Payment Alstom Esca Energy Product, E-Terra Retail, Manages Energy Market Supply And Demand Equarius Develops Mission-Critical Energy Load Management Solution for Power Resource Managers Shiningbank Energy Announces Significant Increase in Reserves Hilton Petroleum Ltd. Establishes California Field Office And Begins U.S. OTC Trading As Berkley #1 Natural Gas Well Begins Production in Southern California Feature/States Speak Out: Rks Receives Record Response from National Survey of Utility Regulators Top Energy Summaries - Tuesday, February 13, 2001 - 7:41 Am Ubs Warburg Hosts 13th Annual Energy Conference Ferc Chairman Hebert Offers Solutions to California Energy Crisis at Xenergy Executive Forum Sparks Fly Over PG&E Power-Line Plan / Tri-Valley Residents Bicker Over Route S.F. Utility District Plan Going to Voters / Despite City Attorney's Warnings And Lawsuit Threat, Measure Passes Vallejo to Cut Use of Power by 15% Energy Companies Drive Profits Higher by Cultivating Existing Customer Relationships Mazda to road test fuel cell vehicle An Energy Levy for Schools? Troy Power Plant Generates Questions Now ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Tractabel Urges Clients to Accept Pemex Natural Gas Price Offer Pemex Natural Gas Scheme Requires Users to Pay Deposit, Guarantee Sempra to Play Role Mexican Natural Gas Pricing Scheme Senior Mexican Official Backs Continental Energy Bloc Top Energy Summaries - Tuesday, February 13, 2001 - 5:18 PM Serenje-Mbeya Power Project Up for Grabs Aes Agrees to Acquire Thermo Ecotek Corporation; Aes to Enter Czech Republic And German Markets And Become One of The Largest Owners of Biomass-Fired Generation in US Oman Narrows List For Natural Gas Operator Rival to Shell Out in Energy Bid Foxboro to Revamp Controls at Two Utility Power Plants in Germany Peru: Auction for Power Transmission Lines to Take Place Next Week Utc's International Fuel Cells Sells Two Fuel Cell Systems to Mohegan Tribe of Indians for Mohegan Sun Casino Ivanhoe Energy Inc - New Agreements Position Ivanhoe Energy to Develop Three - Major Gas Projects in China's Sichuan Basin CEA Signs Small-scale Hydro Contracts - Brazil New Agreements Position Canada's Ivanhoe Energy to Develop Three Major Gas Projects in China's Sichuan Basin Uk: Zinc-Air Batteries for Future Energy Requirements Chile: Codelco And Enap to Conduct Geothermal Exploration ENERGY MINISTER SAYS NO EGYPTIAN GAS FOR ISRAEL Infobank Powers Utility Sector with Global B2b E-Commerce Trading Platform Foratom: Nuclear Power Growth `Possible - Perhaps Necessary` Adb Procurement - Tajikistan, Power Rehabilitation China Continues to Encourage Coal Exports Philippine Lawmaker Urges Probe Into Clearance of Negros Power Plant Tokyo Electric Power CO. Will Not Freeze Power Plant Project World Bank Procurement - China, Energy Conservation ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Idaho's Largest Water User Group Names Award Winners Idaho Lawmakers Consider Water Law Proposals Oklahoma Natural Gas Utility Says Talk of Refunds Is `Premature' Tulsa, Okla.-Area Small Businesses Hit Hard by High Gas Bills Advocates of Deregulation Plug Their Energy Proposals to Minnesota Lawmakers Federal Judge Rejects California Utility's Rate Increase Request Smaller, Temporary Power Plants May Not Be Available to California Crews Race to Get Power Plant in Pittsburg, Calif., Ready for July Start-Up Experts Search for Causes of Power Crisis in California, Northwestern States Tiny, Rural Northwest CO-Ops Face Huge Power Bills Price of Electricity Is Lowest in Washington, Usage Is above Average Winter Park, Fla., Considers Buying, Operating Power Distribution System Judge Denies Southern California Utility a Rate Hike Power Providers Balk at California Governor's Summer Production Goal Washington-Based Utility to Buy Delaware-Based Electricity Provider Federal Judge Denies California Utility's Request to Hike Consumer Rates Again Astronomical Gas Costs Put Heat on Houston-Area Users Fort Worth Star-Telegram, Texas, Todd Mason Column California Businesses Unclear About Reduced Outdoor Lighting Policy Opinion: Watchdogs with No Vision Mean Trouble Ahead Colorado Utility Is Granted Fourth Gas-Rate Hike in Eight Months Scottish Utility Poised for Gain on Market After Sale of Asset Dallas Takes Time to Decide Whether to Pay Damages from Water Main Break Georgia-Based Energy Company Announces Consolidated Earnings Increase Judge Denies Southern California Utility's Proposed Rate Hike California Asks Judge to Postpone Hearing on Electric Utility's Lawsuit Illinois Utility Pledges to Limit Tree Removal Near Power Lines Honeywell Announces Voluntary Layoffs at Albuquerque, N.M., Plant Commission Expands Investigation of Ohio Utility for Billing Complaints -Tampa, Fla., Utility Company Asks for Rate Increase -City's Steam Heating System Keeps Heat Costs Down for Indianapolis Firms -Indiana House Panel Advances Bills to Strengthen Utility Oversight -Energy Department to Conduct Environmental Study in Oak Ridge, Tenn. -Oklahoma Gas Utility Allows Customers Means to Check Own Usage Levels -Oklahoma Utility Firms Face Difficult Task of Predicting Natural Gas Prices -Tampa, Fla.-Based TECO Energy Buys Power Plant in South Texas -Solar Energy Systems Shine at Atlanta Builders' Show ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html Boise Cascade closes Idaho wood-burning power plant India's PFC, Japan group sign MoU on hydro power Calif. grid manager sees risk of power blackouts Tues. UPDATE 1-Boise Cascade closes Idaho wood-burning power plant Calpine to build 600 MW of power generation in Wisconsin Prague agrees to N-plant environmental study Moody's may cut CE Casecnan debt rating on delays Thermo Electron to sell power-generation unit to AES ********************************************************* 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. Include "unsubscribe" in the subject and include your name and email address for confirmation.