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Date: Tue, 20 Feb 2001 15:25:00 -0800 (PST)
From: pma-marketplace@mgfairfax.rr.com
Subject: 21 February 2001: Crisis and Opportunity Update
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CRISIS... AND OPPORTUNITY?
Power Markets 2001

March 14-16 | Aladdin Hotel | Las Vegas


Click here to view?
 CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf

[IMAGE]

February 21, 2001:
Crisis and Opportunity Update

If you're like the tens of thousand of others who read the Power Marketing 
Association's Daily Power Report, you know that our industry faces 
unprecedented crisis.? Blackouts, credit crunch, electric and gas price 
volatility, low hydro levels--? and we're not even near the summer.?? What 
are we facing??

Now is the time to think, to plan, to solve tomorrow's problems before they 
arise.?? Join us at the Power Marketing Association's Seventh Annual Spring 
Meeting: Power Markets 2001: CRISIS AND OPPORTUNITY:? MARCH 14-16, 2001, 
Aladdin Hotel, Las Vegas, NV. 

Crisis grabs the attention, but the opportunities are almost palpable.? Just 
click on the headline for the full story at powermarketers.com:
 

KINDER MORGAN TO BUILD 3,300 MW OF GAS-FIRED GENERATION; WILLIAMS TO MARKET 
POWER
Kinder Morgan, Inc. ?and a unit of Williams ?announced a 16-year ?agreement 
under which Williams will supply fuel to and market 3,300 megawatts (MW) of 
capacity for six natural gas-fired, intermediate-peaking power generation 
facilities to be developed by Kinder Morgan Power Company over the next four 
years.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/20/pr/0000-3437-tx-kinder-morgan

QUIET TIMES TO BE REPLACED BY A POWER PLANT BUILDING SPREE
 The head of the Long Island Power Authority, Richard Kessel, is proposing 
building two power plants on Long Public power utilities nationwide are 
stepping up their efforts to design and build new generating plants, in large 
part to ensure against future capacity problems similar to the ones many 
utilities now are experiencing in California.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/thomsonf
inancial/2001/02/20/eng-tf_bondbuyer/eng-tf_bondbuyer_105040_254_285891018808

SOUTHERN COMPANY TO ADD APPROXIMATELY 6,600 MEGAWATTS OF NEW GENERATING 
CAPACITY IN THE SOUTHEAST BY 2004
As part of its ongoing plan to meet the growing demands for electricity in 
the region, Southern Company will increase its generating capacity by 6,600 
megawatts by 2004. Included in the capacity additions are 4,600 megawatts to 
serve the competitive wholesale market in the region.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/prnewswi
re/2001/02/20/XXboo/4663-0116-GA-Southern-Co-adds..

POWER WOES, UPDATED DESIGN CREATE NEW BUZZ OVER NUCLEAR POWER
America's appetite for electricity -- highlighted by California's energy 
crunch -- is driving an interest in nuclear power to heights not seen in 
nearly a generation. ?For the first time since the 1970s, a utility company 
is talking with the Nuclear Regulatory Commission about building new units 
somewhere in the United States, using a design completely different from 
plants anywhere else in the world.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/20/krtbn/0000-0472-SA-NUCLEAR

ROCHESTER GAS & ELECTRIC'S AND NEW YORK STATE ELECTRIC & GAS TO JOIN TO 
BECOME $5 BILLION SUPERREGIONAL UTILITY
The combined company will be one of the largest, most diversified energy 
providers in the Northeast, serving nearly 3 million customers, including 
approximately 1.8 million electric customers, almost one million natural gas 
customers and approximately 200,000 other retail energy customers. The 
combined company will have annual revenues of approximately $5 billion and 
nearly $10 billion in assets.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/20/pr/0000-3904-.industrytopstories.util

POWER MARKETING ASSOCIATION EXTENDS EARLY BIRD SPECIAL FOR REGISTRANTS AT 
POWER MARKETS 2001: CRISIS AND OPPORTUNITY MARCH 14-16, ALADDIN LAS VEGAS
 In an industry-shaking move, the Power Marketing Association, in conjunction 
with the Aladdin Hotel Las Vegas, has announced that the early bird special 
for both conference registrations and room reservations will be held over 
another week until February 27, 2001. ??However, the airlines have refused to 
join in, making it imperative that those seeking flights to Vegas book their 
tickets before the best flights and rates are gone. ?Don't gamble on flight 
availability-- call your travel agent now! 
 http://www.pmaconference.com/0103Agendah.pdf 
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Click here to view?
 CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf 

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Join the Power Marketing Association at its annual spring meeting to discuss 
the crises and opportunities which are, and will soon be facing us:? 

California: What's in store for the summer?

Gas PriceVolatility-- 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 to live without price caps?

Weather risk-- is it a market yet?

Transmission constraints-- are they completely intractable?

Provider of Last Resort-- is this a dumping ground?

The web-- what's real, what isn't-- beyond the hype.

Retail billing-- Getting it right before you're bankrupt

Powerline Telecom-- The next big thing?

Rolling Blackouts--? Peak shaving?

Distributed Generation-- Has the time come?

Coal- fuel of the future-- and present.? and

Where is your career going?-- What's hot today, tomorrow.


And don't miss our most popular seminar-- a must for the newbies out there, 
or if you just feel a need to step back and see where you fit into the big 
picture: 

FUNDAMENTALS OF POWER MARKETING 
March 14, 2001 

Click here to view?
 CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf