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Attention POWER REPORT Readers: Go to
http://www.powermarketers.com/prdaily.htm to view today's edition with direct
headline links to each story.]
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The Industry's Preferred Source For Breaking Energy News And Information
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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
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Become a CERTIFIED POWER MARKETER
Attend:
FUNDAMENTALS OF POWER MARKETING
Preconference Seminar March 14, 2001
at PMA's annual spring POWER MARKETS 2001 Conference:
"CRISIS AND OPPORTUNITY"
March 15-16, 2001 Aladdin Hotel Las Vegas
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--------------------T O P S T O R I E S--------------------
Top Stories (March 2)
BUSH SAYS ENERGY SECURITY TO BE HIS PRIORITY
U.S. President George W. Bush said Friday that he will make energy security
"a priority of American foreign policy." It requires "restoring American
credibility with overseas suppliers and building strong relationships with
energy-producing nations in our hemisphere," he said at a swearing-in
ceremony for his Energy Secretary Spencer Abraham.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/03/02/xh/0000-5054-us-energy
PACIFIC GAS & ELECTRIC AGREES TO SELL POWER LINES TO CALIFORNIA, SOURCES SAY
Marking a potential turning point in California's energy crisis, Pacific Gas
and Electric has agreed to sell its transmission lines to the state as part
of a larger deal to rescue the company from financial collapse, according to
sources familiar with the negotiations.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/03/03/krtbn/0000-0314-SJ-POWER-DEAL
SOUTHERN COMPANY TO SPIN OFF MIRANT APRIL 2 AFTER IRS RULING
Southern Co. will spin off 80.3% of Mirant Corp.'s shares on April 2, to
Southern Co. holders of record March 21. In a press release Friday, Southern
Co. said it received a favorable Internal Revenue Service ruling concerning
the tax-free distribution of 272 million Mirant shares.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/02/eng-djn/eng-djn_140056_174_71534114331
MIDWEST ISO: 8 UTILITIES JOINED GRID OPERATOR BEFORE WEDNESDAY DEADLINE
The Midwest Independent Transmission System Operator Inc. said Friday that
eight utilities submitted conditional applications this week to join the
planned power grid operating group.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/02/eng-djn/eng-djn_140057_171_893130457029
US FTC SEEKS INPUT FOR REPORT ON STATE RETAIL POWER PLANS
The U.S. Federal Trade Commission is seeking public comment for a report
requested by House lawmakers assessing what state-sponsored retail power
competition programs have truly produced consumer benefits.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/02/eng-djn/eng-djn_150105_35_1540475850925
LOS ANGELES DEPARTMENT OF WATER AND POWER TO SELL $1.2B IN POWER BONDS AS OF
DEBT-RESTRUCTURING PLAN
The Los Angeles Department of Water and Power this week is selling $1.2
billion in power bonds to refund fixed-rate electric system debt as part of
an overall plan to restructure debt service.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/ambanker
/2001/03/02/news/0000-0056-KEYWORD.Missing
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DOW JONES NEWSWIRES
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Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index
Reliant Resources Will Try To Roadshow IPO In April,May
Bank Of Amer Pres Fears Calif Crisis Could Hurt Econ
Mirant Seeks Full, Timely Payment For Calif Pwr Sales
Brazil Cesp Controlling Stake Sale Back On After Crt Move
US FTC Seeks Input For Report On State Retail Power Plans
Midwest ISO: 8 Utils Joined Grid Oper Before Wed Deadline
Southern Co. To Spin Off Mirant Apr 2 After IRS Ruling>SO
US Weather: Rain, Snow In NW; Snow In NE; Rains In South
US Govs Keeping Close Eye On Western Energy Scramble
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.
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N A T I O N A L
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Access stories online at: http://www.powermarketers.com/pma-nat.htm
Bpu Orders Program for Energy Efficiency Ratepayers to Foot $358 Million Bill
Ron Asche, Nebraska Public Power District
LADWP to Sell $1.2B in Power BondsAs Part of Debt-Restructuring Plan
Natural Gas Prices Raise Cost of Electricity
Bush Says Energy Security to Be His Priority
A Nuclear Power Plant Isn't Your Usual Business
Tep Taps Higher Power
Transcript of Remarks by The President And Secretary of Energy Spencer
Abraham in Swearing-in Ceremony
Con Edison Asks Ferc to Close Loopholes That Enable New York Generators to
Exercise Market Power
Odyssey Energy Corporation - Corporate Update
Wrangle Over Panel for Energy Customers
Utilities: Puc Defends Power Rate Boost
Newpower(TM) Expands Natural Gas Customer Base in Georgia
Uncertainty Weighs on Energy
Repeats: Energy Volume And Open Interest Totals-Mar 2
'Clean Coal' Has Powerful Backers
Energy Update/Los Angeles Department of Water And Power Issues Daily Energy
Update for Friday, March 2, 2001
Power Profits Targeted: Generators Urged to Forgive Some of Utilities' Debts
Big Power Users Demand Reforms
New Jersey Natural Gas Company Supports Renewable Energy And Conservation
Programs; Expands Efforts to Help Customers Conserve Energy And Benefit from
New Technologies
Bill to Regulate Location of Power Plants
Consolidated Natural Gas Company Announces Consent Solicitation
Reader's View Proposed Middleton Plant Will Give US Reliable Power
Circumpacific Energy Corp - Commences Earning a 75% Interest - in A 70
Section Block at Talbot Lake, Alberta
Equatorial Energy Announces Record 2000 Results; Closing of Financing And
Repayment of Ivanhoe Notes
Bethlehem Zoners Grant Conectiv Plant Exceptions ** Company Plans to Turn
Bethlehem Steel Brownfields Into Power Generation Site. ** Bethlehem
Projects Cut Ventura's Energy Use
Plug Power Announces CFO to Take Consultant Role
Road Show Aims to Save Energy
Dencor Energy Cost Controls Clarifies Name Change, Ticker Symbol Change And
Reverse Split
USA's Power Lines Are Fraying
Alternative Power Plays Take Energy
Ex-Regulator Urges Temporary Federal Price Caps on Power
Energy Wholesalers Overcharge Calif
Worries Surface at Lake Forum As Power Crisis Drains Lake Roosevelt,; Low
Snowpack Has Hard Time Refilling It
Court Upholds Epa's Power
Mccook Metals: Mccook Metals Reaches Groundbreaking Agreements with
Bonneville Power Authority And Steelworkers Union; Agreements Will Benefit
Region's Power Consumers, Steelworkers And Company
Science: the Superconductor Comes of Age Over Half of Our Electricity Gets
Lost During Transportation Down Power Lines, But This Could Be About to
Change. Charles Arthur on A Revolution in Energy
Natural Gas Prices Down Sharply in the State
Customer Delinquency Bills Rise with Natural Gas Prices
S&P: California Cities Weather Power Crisis
Courage Energy Inc. Reports Year-End Reserves
Power Plants Likely to Switch Sites, Fuel
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I N T E R N A T I O N A L
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Access stories online at: http://www.powermarketers.com/pma-intr.htm
Daya Bay Nuclear Power Plant Reports Record Output
Iberdrola Clinches Mexican Private Power Contract
Peru: Duje Energy to Complate San Diego Dam
Water Firm Buys 24.5% of Phoenix Natural Gas
Ukraine seeks to reduce Russian energy dependence
Gansu To Invest Usd 1.3 Bln in Local Power Sector This Year
Technicians Debate Coal Use in Thermo Plants - Brazil
Cne Calls for Generation Investment - Chile
Brazil : Eletropaulo Concentrates in Power Distribution
ESA Kujala Appointed New President of Kyro Power
Baoji No. 2 Power Plant Fully Operational
STOCKWATCH: Johnson Matthey firm after Goldman Sachs comment on fuel cell meet
Govt Should Impose Limits of Russian Coal Export
Philippines' NPC/Zamboanga Cooperative to Explain Power Rate Hike
Australia's Energy Developments Posts US$6.6 Mln Profit in H1
Greenpeace Carries Global Clean Energy Call to Thailand
Putin Aiming to Assert Power in South China Sea Port Lease Top of President's
Two-Day Agenda
Australia's United Energy, Alintagas Sign Operating Service Deal
Kepco Awards Hyundai Heavy Industries a Diesel Power Contract
Iran's Energy Subsidies Blocking Development:Minister
Korea Electric Power Corp Set to List Five Thermal Power Cos
Indian Govt Considering Allowing 100% Fdi in Power Trade
Henwood Releases First Power Market Database for India
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KRT DAILY ENERGY NEWS
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Access stories online at http://www.powermarketers.com/pma-krt.htm
ST. Louis, Mo.-Based Company to Keep Springettsbury, Pa., Plant in Operation
Connecticut Utilities Firms Look to Reinforce 1999 Merger Agreement
Parent Firm to Lease Part of Columbia, W.VA., Gas Firm's Offices
Group Recommends Incentives to Promote Power Plants in Wisconsin
California Energy Agency's Draft Report Says Power Generators Charged Too Much
Natural Gas Prices May Decline in Centre County, Pa.
Virginia Furniture Makers Request Halt to Electricity Deregulation
Philadelphia Gas Utility to Accept Agreement That May Increase Rates
The Orlando Sentinel, Fla., Home Energy Column
Managers of California's Electric Grid Accuse Power Producers of Overcharging
Merger of Northeast Utilities, Consolidated Edison Could Be in Trouble
Engineers Find Cracks in Connecticut Nuclear Power Plant Turbine
New Jersey Regulators Approve 2 Percent Rate Increase for Natural Gas Utility
Utility Readies Opening of New Autaugaville, ALA., Power Plant
Houston-Based Enron Pushes Plan for Power Plant in Pompano Beach, Fla.
Georgia Utility to Begin Testing Macon, GA., Soil Samples for Contamination
New Jersey Utilities Board Orders Energy-Efficiency Program
Colorado Springs, Colo., Utilities Firm Looks to Raise Rates 25 Percent
Polk County, Fla., Power Plant to Draw Gas from New Pipeline
Anchorage Daily News, Alaska, Business Meetings Column
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REUTERS
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Access stories online at:
http://news.powermarketers.com/news/articles/ElectricPower.html
03-04-01 UPDATE 1-Northeastern U.S. braces for a major snowstorm
03-04-01 Dominion says body recovered from damaged silo
03-04-01 Calif. municipalities mulling move into power business
03-03-01 Bidders for Enel's Elettrogen cut to nine-paper
03-03-01 UPDATE 1-India urges states to step up power sector reforms
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RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus
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THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster
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