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Subject: 26 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 26, 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:
 

Duke Energy North America Breaks Ground on New Merchant Power ?Facility
 Duke Energy North America (DENA) ?breaks ground on a new $250 million 
electric power generating facility in Arlington Valley, Ariz. The Arlington 
Valley Energy Facility, a 570-megawatt merchant power plant, will supply 
electric power to the wholesale market by summer 2002.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/20/pr/0000-3437-tx-kinder-morgan

Federal Power Agency Issues Largest Wind Solicitation Ever?
The Bonneville Power Administration's (BPA) decision to solicit proposals 
Feb. 21 for 1,000 megawatts (MW) of new wind energy generating capacity is a 
"major breakthrough" for the increasingly-competitive clean energy 
technology, the Washingon, D.C.-based American Wind Energy Association? 
(AWEA) said today.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/writersd
esk/2001/02/23/eng-powerm-000001/eng-powerm-000001_161950_109_801785273012

THE POWER OF PEAK SHAVING -- and LIFE-CYCLE COSTING
With peak-demand-controlled rates, businesses can realize as much as a 
60-percent discount on monthly demand charges if they agree to reduce the 
electric power demand to a predetermined level when the utility imposes a 
control period.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/cahners/
2001/02/23/eng-cahners_specifyingengineer/eng-cahners_specifyingengineer_19205
6_184_352937249932

A POWER GRAB BY POLITICIANS
...Where power plants were to be built, or where high-voltage lines would be 
strung, might well depend on who could, and could not, bring political 
influence to bear, rather than what the system needed to work efficiently. 
...With the threat of further blackouts looming, legislation is being drafted 
to designate which customers will suffer and which will not -- ?Should 
farmers be cut off, or biotechnology facilities, or computer chip plants, or 
schools?
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/sacbee/2
001/02/23/eng-sacbee_politics/eng-sacbee_politics_124330_96_9265580526553

TAX LAWS REWARD ENERGY-SAVING INVESTMENTS
The Internal Revenue Service business energy investment credit is equal to 10 
percent of the cost (or basis) of energy-saving property -- equipment or 
facilities -- placed in service during the year.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/22/bw/0000-2827-ca-society-of-cpas 


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

? 


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