Message-ID: <9702587.1075841867339.JavaMail.evans@thyme> Date: Thu, 14 Dec 2000 18:57:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 15 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------ 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 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 ************************************************************************ ------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 ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (December 14) NEW CEO: CALIFORNIA MESS WON'T DETER ENRON'S AGGRESSIVE TRADE Enron Corp. will continue to aggressively trade power and gas in the country's deregulated markets, despite the political crisis sparked by surging electricity prices and near blackouts in California, the company's new chief executive said Wednesday. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/14/eng-djn/eng-djn_000020_44_3054680922069 DUKE ENERGY UNIT SELLS 23% STAKE IN OKLAHOMA POWER PLANT Duke Energy Corp.'s Duke Energy North America unit sold its 23% interest in a 500-megawatt merchant power plant under construction in McClain County, Okla., to the Oklahoma Municipal Power Authority. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/14/eng-djn/eng-djn_150024_149_504289727192 NEW YORK PSC'S MARKET GOALS COULD KILL GROWTH - GENERATORS A report by New York utility regulators on Thursday that calls for a $150 a megawatt-hour price cap on the state's wholesale power market could seriously hamper efforts to attract new power plant development, generators said. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/14/eng-djn/eng-djn_194038_154_461525930092 US DOE RICHARDSON ASKS FERC FOR CALIFORNIA ELECTRIC SUMMIT MONDAY U.S. Energy Secretary Bill Richardson has asked the Federal Energy Regulatory Commission to call a "settlement conference" of California's utilities, independent power producers, marketing companies and the state Public Utilities Commission Monday. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/ 12/14/eng-djn/eng-djn_224024_133_053859288339 FEDERAL REGULATORS APPROVE NEW WISCONSIN ELECTRIC TRANSMISSION COMPANY Electric customers throughout Wisconsin should have a better chance of keeping the lights on, thanks to a new, statewide electric transmission company approved Wednesday by federal regulators. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/14/krtbn/0000-0537-WJ-ELECTRIC POWER CRISIS COSTS CALIFORNIA UTILITIES $1 BILLION IN ONE WEEK California's energy crisis has blown the lid off wholesale price caps ---- the state's attempt to control electricity costs ---- as defiance from power companies and competition from other states for scarce supplies has sent those costs soaring beyond state-imposed limits. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2000/12/14/krtbn/0000-0122-ES-POWER-CRISIS ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Colorado Regulators OK Xcel Power Deals With Enron,Others US DOE Richardson Asks FERC For Calif Elec Summit Mon La. PSC Approves $72M Refund To End Entergy Fuel Case Sen. Feinstein Urges Wholesale Regional Power Price Cap Cinergy Unit/Va. Units -2:Would Produce 330 Megawatts>CIN Sen Breaux To Meet Bush In Texas Friday - CNN NY PSC's Power Mkt Goals Could Kill Growth - Generators UniSource Energy Outlook-2: Cites Wholesale Energy Margin Cinergy Unit Mulling 4 Generating Units In Va. >CIN PRESS RELEASE: Xcel Energy Unsec Rated BBB+ By S&P UniSource Energy Boosts '00 Net Estimate To $1.10/Shr Calif ISO/'Dirty 13'-3: PGE Says It Never Stopped Selling Cinergy Corp. Names Chmn -2: Will Remain Pres, CEO >CIN REPEAT:NY Regulators Want $150/MWh Soft Cap On Power Mkt Duke Energy Unit/Pwr Plant -2: Sees Close By End Of 1Q Saab Unit Kockums Sells Wind Power Ops To German Enercon Duke Energy Unit Sells 23% Stake In Okla. Power Plant>DUK Southern Co Names Andrew Dearman Transmission Chief >SO AES Alamitos -2:Agrees To Install New Emission Tech>AES HEW Offers Bewag Option On 25.1% Stake In Veag REPEAT:Calif Gov Posts Names Of `Dirty 13' Pwr Suppliers REPEAT:Xcel: Resumed Sales To Calif ISO For Emergency Midwest ISO CEO Resigns; Grid Group CFO To Take Post AES Alamitos To Pay $17M Fine >AES Revised Palo Verde Futures Vol. Dec. 13, 0 AES Alamitos, S Coast Air Quality Mgmt District In Pact AES Alamitos Says It Settles Emission Violations Poland's Tsy May Not Open G-8 Power Tender Until Jan 2001 ABB/Contract/Murphy Oil -3: In Line With Strategy HEW, Vattenfall Become Major German Power With Veag Buy ABB/Contract/Murphy Oil -2: Project Completion In 2Q 2003 Japan Power, Trading Firms Form Power Equip E-Commerce JV ABB Gets $160M Clean-Fuel Contract From Murphy Oil>Z.ABB INTERVIEW: Edison Needs $1B Loan To Stay In Business-CEO New CEO:Calif Mess Won't Deter Enron's Aggressive Trade New CEO:Calif Crisis Won't Deter Enron's Aggressive Trade 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 Redwood Energy, Ltd. Ice Storms Cause Power Outages PSC Megawatt Cap Energy Prices Push Up Inflation in November, Worst Yet to Come Analysts Say 12/14 Electric Company Needs Room To Breathe Agrium Well Positioned in the Face of Record Natural Gas Prices California Power Crisis Eases After Emergency Action Top Energy Summaries - Thursday, December 14, 2000 - 5:21 PM Greentech Energy Systems Invests in Wind Power Duke Energy Field Services Completes Colorado Plant Expansion; Eases Weld County Processing Constraints Mitchell Energy Announces $473 Million Capital Budget Ada-Es Begins Work on Installing And Testing Mercury Emissions Controls at Coal-Burning Power Plants As EPA Issues New Regulations Coal Refuses to Bow Out, Takes New Form Help! Energy Costs Will Strap Many Duke Energy CO Corp - Outlines Position in California Electricity Market Autlan Seen Hard-Pressed by Natural Gas Hikes NY Natural Gas Review: Down in Choppy Trade After Rally Stalls Cinergy Buys 2 Power Plants US/Canada Spot Natural Gas: Inside Wed Range in Quiet Trade Devon Energy Corp - First Production from Canadian Gas Discovery Northstar Energy Corp - First Production from Canadian Gas Discovery Luscar Awarded Milner Coal Supply Contract Cummins Partners with Allison Transmission to Power Diesel Hybrid Electric Drive System Leading Power Generation Manufacturer Selects Excelon B2b Portal Server to Deliver Rich Content to Consulting Engineer CustomersXml-Based Solution Aggregates Information from Disparate Sources for Delivery to Key Design Personnel Statement Regarding Introduction of Diesel-Electric Buses Into Orange County, California Top Energy Summaries - Thursday, December 14, 2000 - 2:32 PM EPA Takes Critical First Step to Regulate Coal-Fired Power Plants for Mercury Emissions, Says National Wildlife Federation Repeats: Energy Volume And Open Interest Totals-DEC 14 Energy Update/Los Angeles Department of Water And Power Daily Energy Update, Thursday, DEC. 14, 2000 California ISO Calls Stage One And Two Electrical Emergencies; Conservation Efforts Are Helping And Need to Continue Alabama Power Supports Water Allocation Proposal Darlene D. Kerr Elected President & Chief Operating Officer, Niagara Mohawk Power Corporation27-Year Industry Veteran And Syracuse Native Among Senior Most Women in Power Industry Penny-Pinching for Power Preparing: Possibility of Surcharge Prompts City, Businesses to Begin Cutting Back on Power Use Fircrest Won't Feel the Surge in Power Rates Feds Order Northwest Power to California Tacoma: Utility Puts on Hold 86% Surcharge Plan Ridge Administration Promotes Energy Conservation As Weather Gets Colder Energy IPOs to Boost New-Issue Market Top Energy Summaries - Thursday, December 14, 2000 - 12:22 PM Seventh Energy Ltd - Financing And Updates Princess Area Activity Duke Energy CO Corp - Sells Interest in Oklahoma Merchant Power Facility Will Ferc Jolt Or Jilt? Only Feds Can Stabilize the West's Energy Crisis U.S. Orders Power to State: Emergency Action Taken to Avoid Rolling Blackouts Semco Energy, Inc. Declares Quarterly Dividend Southwestern Energy Company Invites You to Join Its 2001 Outlook & Strategy Conference Call on The Web Duke Energy Sells Interest in Oklahoma Merchant Power Facility Seventh Energy Ltd. Announces Financing And Updates Dwp Offers Energy Efficiency CD-Rom Free to Customers; Special Program Seeks to Free Up More Electricity Supplies to Assist California During Winter Energy Crunch El Paso Merchant Energy Chooses Caminus Corporations's Zai*Net Gasmaster El Paso Merchant Energy Chooses Caminus Corporations's Zai*Net GasmasterCaminus Zai*Net Solutions Sales Brisk in Volatile Energy Markets Lucent Technologies: Lucent And Boston Digital Agree to CO-Market Billing & Customer Relationship Management Software for Energy Market CMS Energy Announces Belinda Foxworth Promoted to Senior Vice President And General Counsel of Its CMS Enterprises Unit 2 Superstars to Join the Renewable Energy ``Dream Team'' Top Energy Summaries - Thursday, December 14, 2000 - 9:02 Am Orange County Transportation Authority Becomes First on West Coast to Place Hybrid-Electric Transit Bus Into Commercial Service Alberta Energy CO Ltd - to Grow Natural Gas Sales by 23 Per Cent; - $1.9 Billion Net Capital Investment in 2001 Seventh Energy Ltd. Announces Financing And Updates Princess Area Activity Energy Chief Steps in / U.S. Energy Chief Steps in, Keeps Lights on in California AEC to Grow Natural Gas Sales by 23 Per Cent; $1.9 Billion Net Capital Investment in 2001 Energy Ipos to Boost New-Issue Market Esco Technologies Announces Award of Major Follow-on Contract by Puerto Rico Electric Power Authority Norsk Hydro retains CROGI target at 10 pct for 2002 Andersen Consulting Selects Regional Economic Research Inc. to Create Profiling System for The Electric Reliability Council of Texas Modern Electric Seeks Nominations Our View ; Generation Gap a Threat to Region Avista Has Plan to Boost Power Output Oregon Project Will Suspend; Expansion of Rathdrum Plant Power Profits Must Stay in Northwest, Bpa Says Agency Says Repurchased Electricity; Eases Demand for Hydropower Residents Asked to Conserve Power Northwest Governors Take Steps to Avert Energy Shortages Kaiser Closing Mead Smelter Firm to Sell Power; 400 Workers Idled for 10 Months Energy Crisis Mbta Hires Firm to Demolish Power Plant Curtailing Utilities' Coal-Burning Won't Work State's Electric CO-Ops Look at Self-Regulation Aquila Energy Corp Filed for Ipo. ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Adb Approves Energy Loan to Pakistan Chernobyl Power Plant to Be Closed for Political Benefit Only. New Focus of the Power Sector: Grid Construction, Upgrades Almost Tripled M'bishi Heavy to Launch Solar Battery Business 3 Power Suppliers to Launch E-Commerce Market Energy Giant BP Unveils Capstone-Powered Gas Station/Energy Museum; Capstone Microturbine Supplies Bulk of Electricity to Innovative Madrid Facility Brazil: Alcan Invests in Electric Power Generating Peru: Vattenfall Acquired Energy Assets CMS Energy Executes Agreement to Sell Its Ownership in Edeersa Electric Distribution Utility in Entre Rios, Argentina Saab: Kockums Industrier Divests Manufacture of Wind Power Pylons to Enercon of Germany Adb: Pakistan to Privatize Power Utilities And Stem Heavy Losses Chirac Reaffirms Confidence in Nuclear Energy Evercel Announces New Electric Scooter Initiative in Asia Flying Electric Motor CO. Ltd. Plans 'Direct-to-Consumer' Sales UK Government: Government Gives Go Ahead for Northfleet Combined Heat And Power Station Mozambique and SAfrica end tariff war over power supply Europe: Green Energy Certificates to Start Test Trading in Jan China: Chongqing to Relocate 50,000 Living in Three Gorges Power Project Area Harbin Power, Harbin Power Plant form China engineering tech jv New Focus of the Power Sector: Grid Contruction, Upgrades Almost Tripled ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Federal Regulators Approve New Wisconsin Electric Transmission Company Tennessee Valley Authority Sued in Dispute Over Electricity Charges Tacoma, Wash., Utility Proposes Charging Customers 86 Percent Surcharge New Chief of Scottish Power Mulls Shake-Up British CEO Agrees to Split Top Electric Company Jobs Weather Allows a Break for California Power Network California Suffers from Another Round of Electricity Shortages California Exchange Requests Permission to Let Electricity Prices Rise Again California Wholesale Electric Prices Soar Anew Power Plant Operator to Pay $17 Million Penalty for Emissions in California Federal Agency Intervenes in California Electricity Market Anaheim, Calif., Cuts Public-Benefit Electricity Fee Reliant'S Arkansas Customers to See Gas Prices Rise 25 Percent to 75 Percent Houston Energy Company Chooses New CEO Federal Government Declares Electricity Emergency in California London-Based Electric Utility Hits Debt Reduction Target San Diego Water Authority Wants Approval for New Rate Structure Generators Back Up, But California Power Prices Still Climb Power Crisis Costs California Utilities $1 Billion in One Week Colorado Utility to Contract for Six New Power Plants Head of Champaign, Ill.-Based Water Firm to Move to Indianapolis Water Firm New CEO of GE'S Schenectady, N.Y.-Based Power Unit Announces Move to Atlanta Corporations Hire Outside Companies to Find Cheap Energy -Georgia, Alabama, Florida Water-Sharing Talks to Resume -British Power Company Buys Louisville, Ky.-Based Firm -Oklahoma Legislative Committee Schedules Electric Restructuring Hearing -General Electric Moving Power Systems Division to Atlanta ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://207.32.82.57/news/ElectricPower.html UPDATE 1-Imports help Calif. power grid limp through day FEATURE-Chernobyl closure reminder for Lithuanian plant UPDATE 1-Thousands still lack power after U.S. ice storm UPDATE 1-Thousands still lack power after U.S. ice storm UPDATE 1-US to cut mercury emissions from coal-fired plants UPDATE 2-NY regulators want lower power prices, caps All eyes on US regulators to solve Calif. power mess New Issue - Kansas City P&L sells $250 mln 5-yr notes Missouri clears UtiliCorp, St. Joseph merger UPDATE 1-PS Enterprise buying Argentine power distributor Midwest ISO head resigns from troubled power group FERC changes meeting time for California power hearing Southern Co. unit sets diversity policies in wake of bias suit Could energy crunch bankrupt giant Calif. utilities? New Issue -TXU Electric sells $575 mln 2-part debt Thames Water to invest $100-$110 mln in Chile utility UPDATE 1-TXU Texas storm outages down to 40,000 users Emerson Electric sees Q1 net of 83 cents/shr UniSource raises 2000 EPS forecast to $1.10 S&P rates Xcel Energy notes BBB-plus PS Enterprise buying Argentine power distributor Cinergy Corp names president/CEO James E. Rogers chairman Duke sells Oklahoma interest to power authority Southernsays can help cut Italy power costs NY regulators propose power sale limits UPDATE 1-Ruhrgas takes stake in Czech gas utility SMP RD/Shell formalises interest in Saudi gas UPDATE 3-Chernobyl nuclear plant shuts down a day early Swiss EOS says hydro plant will be shut for months AES says Alamitos unit settles violations, pays fine PPL restoring power to 16,500 Pa. customers with outages Dynegy Powerin $903 mln New York State deal UPDATE 2-BHP(BHP.AX) to keep HBI plant open despite losses Policy not cash main block to wind power growth Pakistan's Hubco holds power row talks with govt ********************************************************* 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! 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