Message-ID: <27548957.1075841871767.JavaMail.evans@thyme> Date: Wed, 21 Mar 2001 13:57:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 22 March 2001 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. 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 ************************************************************************ Attend PROJECT FINANCE: THE TUTORIAL April 23-25 2001 NY NY and PROJECT STRUCTURING IN THE REAL WORLD: ADVANCED SEMINAR April 26-27 NY NY Download the conference brochure at http://www.pmaconference.com/pfweek.pdf ************************************************************************ NEW!!! EUROPEAN POWER TRADING 2001 European trading volumes soared in 2000. Traders now set the pace in key markets, no matter what politicians want. And the torpor of ministries is nowhere to be found in this business. This major study will help you understand European power markets, transmission networks, products and policies. Download brochure at http://www.pmaconference.com/europe.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (March 21) U.S. ENERGY SECRETARY WARNS OF LENGTHY CRISIS FOR NATION As California struggled through another round of rolling blackouts Monday, Energy Secretary Spencer Abraham warned President Bush that the nation faces an energy crisis that could continue for the next two decades. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/21/krtbn/0000-0161-HO-ENERGY-CRISIS PG&E, SCE RESPOND TO CALIFORNIA PLAN TO PAY PLANTS Pacific Gas and Electric Co. and Southern California Edison, which have withheld payment to smaller California power plants amid an energy crisis in the state, responded late Tuesday to a plan by Governor Gray Davis designed to make them pay. http://news.powermarketers.com/news/articles/ElectricPower/03_21_2001.reutr-st ory-N21291048.html MODESTO IRRIGATION DISTRICT LOOKING TO PUT NEW POWER PLANT ON FAST TRACK The Modesto Irrigation District wants to speed up development of a new power plant and get permission to reactivate an old one in response to the state energy crisis. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/modestob ee/2001/03/21/eng-modestobee_local/eng-modestobee_local_120336_176_83921592077 2 FERC JUDGE SAYS FINAL MIDWEST GRID GROUP DEAL IS COMPLETE After two days of lengthy negotiations, a final settlement agreement between two rival power grid management groups will be filed with the Federal Energy Regulatory Commission Wednesday, a FERC official said. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/21/eng-djn/eng-djn_160101_60_0337177142501 NEW YORK ENCOURAGES USE OF BACKUP GENERATORS THIS SUMMER Concerned about the potential for power shortages, the administration of New York Gov. George Pataki and the managers of the state's power grid are taking steps to encourage businesses to run their backup diesel generators at times during the summer when electricity use is at its highest, the New York Times reported in its Wednesday edition. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/21/eng-djn/eng-djn_040055_185_913908926304 ENERGY COMPANY PLANS $800 MILLION PLANT NEAR JOHNSTOWN, PENNSYLVANIA Texas-based power giant Reliant Energy Inc. said yesterday it would build an $800 million generating station at the border of Indiana and Westmoreland counties. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/20/krtbn/0000-0309-PG-ENERGY ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index In Texas, Soaring Gas May Kill Big Nuclear Debt Recoup FERC Judge Says Final Midwest Grid Grp Deal Is Complete RWE Denies Veto Proposal Put To Cajastur For Cantabrico NY Encourages Use Of Backup Generators This Summer- NYT REPEAT: NZ UnitedNetworks To Issue NZ$200 Million Bond REPEAT: NZ UnitedNetworks To Issue Credit Wrapped Bond 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 Building Plants for Power Not An Easy Task Farmers Tell Congress Increased Supplies Are Key to Affordable And Reliable Energy Energy Talks Draw Partisan Fire Power: in A Meeting with The Vice President, Lawmakers Disagree Over Ways to Relieve The Run-Up in Electric Rates Electric CO. Lawsuit Dismissed -Tulsa, Okla.-Based Williams Cos. Accused of Manipulating Energy Prices Power Authority to Seek Community Input to Offset Emissions from Generators Bush: No Quick End to Energy Woes Blackouts Return to California; Crisis Worst Since '70s Historic Blackouts in State / Energy Crisis Growing Worse Michigan Power Fix Advised Edison, Consumers Must Improve Energy Grids to Avoid California-Like Crisis, Group Says Alliant Energy Proposes to Develop 800 Megawatts of New Generation in Wisconsin California power woes eased as weather cools, stations repaired Duke Energy Corporate Units Rated `A' by Fitch Sithe Energies Reassessing Plans for Local Power Facility; Scaled-Back 'Peaking' Unit Would Use No Water for Generating Power Electrical Emergency Downgraded to Stage One; California ISO Urges Consumers to Continue Conservation Efforts Calpine to Acquire Development Rights for 750-Megawatt Energy Center in Kern County, Calif. Oge Energy Corp. Announces Dividend Emphasize Wind Power As Part of Energy Goals Iowa View Pantellos Transforms Utility Industry with New Level of Supply-Chain Efficiency; Cinergy Transaction Demonstrates Value of Pantellos Marketplace for Buyers, Suppliers Delaney Energy Services Corp: Integrated Production Services Ltd - Delaney Defers Shareholder Rights Plan Separation Time Mid Looking to Put New Power Plant on Fast Track Fpl Merger Runs Into Trouble a Cryptic Statement Released by the Utility Indicates It And Entergy Corp. Are Disagreeing Over The Terms. California Utility, Puc Face Off Over Electricity Rate Hikes Clean Coal Technology Helps Power Plants: Only Four State Facilities Are Using New Technology Sharpe Resources Corp - Subsidiary Sharpe Energy Changes Initial Proposal Firstenergy Corp. Subsidiary Lands Energy Services Contract with Pinnaclehealth U.S. power companies withholding data from regulators - Nugent Ocean Energy Schedules Outlook Call And Webcast Fame to Provide Energy Charting Technology to Platts.Com; Free New Service to Debut at World's Most Comprehensive Energy Web Site in May Administration Pushes for New Sources of Energy Eric Pianin, The Washington Post Former New York State Attorney General Robert Abrams Appointed to Ambient Corporation Advisory BoardFour Term New York Attorney General to Advise Ambient on Legislative And Regulatory Issues Pertaining to Power-Line Telecommunications (Plt) Technology E-Lectrade to Launch World's First Anonymous Marketplace for Trading Highly Complex Structured Electricity ProductsBreakthrough Neutral, Web-Based Electric Power Marketplace Optimizes Risk; Over $2 Billion in Annual Transaction Cost Savings Foreseen As Market Grows to $25 Billion Power Workers Face Daily Scramble The Power Crunch Measure Would Tighten Controls Over Power Plant Coal Ash Vermont Tackles Energy Needs with Conservation Clovis OKs Water Sale to Power Plant Retx Inc. And Pentech Solutions Inc. Begin Strategic Alliance to Help End-Users in Volatile Energy Markets NW Lawmakers Meet with Cheney Over Power Woes Sempra Energy - 2:45 P.M. - Power Restored for Most Sdg&E Customers; Possibility - of State-Ordered Curtailments Continue Tonight Energy Crisis Grid Aims to Cool Power Demand House Committee Approves Pair of Energy Bills ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Energy Secretary Steps Down Amid Cabinet Shuffles - Argentina Papua New Guinea Capital Faces Power Rationing Gabriel Resources Ltd: Osprey Energy Ltd - Richmondclub.Com Hosting Presentations by Gabriel Resources Ltd. - And Osprey Energy London: BP in Fuel Cell Bus Project H Power Corp. to Develop Fuel Cell Systems for The Japanese Residential Market Using Osaka Gas' Fuel ProcessorJapanese Gas Utility to Start System Evaluation of H Power Fuel Cell Units Before Year-End Brazil: Vcp to Hold 7% of Energy Market Brazil: Cerj to Invest New Thermal Electric Power Facility Paraguay: Parana River Mill Granted Special Power Rates, Moves Woodpulp Project Oman: Pseg LED Consortium to Build $234 M Power Plant Guangdong Electric Power Development To Issue 84 Mln New Shares in Shenzhen Beijing's Natural Gas Consumption Totals 1 Bln Cu M by End of 2000 Tipperary Enters Into Memorandum of Understanding for The Sale of Up to 210 Billion Cubic Feet of Natural Gas to Australian Fertilizer Group Philippine Napocor to hold first electronic bidding for coal on April 17 Skyline Gold Corp - to Acquire Shares in Coast Mountain Hydro Corp. Full: Intl Power 9-Mo Pretax Pre Excep Profit 167 Mln Stlg International Power to bring 2,770 MW of capacity on line in U.S. in 2001 China power sector reform plans stalled amid high-level disagreements: report STOCKWATCH: Harbin Power closes morning higher on rotational buying Philippine Cabinet approves new omnibus power bill draft Kozienice Power Plant To Be Privatized by Q1 2002, Sell-off Adviser To Be Sought Soon ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm -Oklahoma-Based Natural Resources Company Defies Bear Market -Tulsa, Okla.-Based Williams Cos. Accused of Manipulating Energy Prices Residents of Clay, W.VA., Concerned About Water Situation Judge Orders Utility to Cut Gas Rates in Putnam County, W.VA. Lights Out in California Again; Blackout Is Intended to Save Water for Fall British Water Utility Plots Ukpound 4 Billion Break-Up Russian Energy Board Row Deepens Recession Could Ease California's Energy Crisis, Experts Say Energy Secretary Predicts Nationwide Power Shortage Warm Weather in California Drives Demand for Power, Forces Blackouts Seattle Electric Utility Borrows Almost $689 Million Amid Cash Crunch Solar Power Fuels Optimism for Meeting Future Energy Demands in California Power Crisis Hits Home And Work for Sacramento, Calif.-Area Families Saving Energy with Small Cuts Will Help California Residents Get Power Rebate Small-Plant Failures Make Big Trouble in California Energy Crisis Energy Secretary Says Crisis Could Sap Economy, Lifestyle Across Nation Blackouts Pounce Again in California; More Than 1 Million Hit Across State Governor's Proposal That California Purchase Power Lines Sparks Growing Debate California Blackouts Viewed As National Omen Acquisitions Propel Pennsylvania-Based Water Utility in Bigger-Is-Better World Mount Laurel, N.J., Maker of Electrical Power Systems Puts Itself Up for Sale Canon City, Colo., School Taps New Energy System Warm Weather, Power Crisis Lead to Blackouts Throughout California Orange County, Calif.-Area Businesses Prepare for Power Blackouts Chief of New Jersey's Public Utility Board Leaves to Become College Professor U.S. Energy Secretary Warns of Lengthy Crisis for Nation Resignation Revives Idea to Expand New Jersey Utility Regulatory Board Head of New Jersey Utility Panel Resigns, Raising Concerns of Board's Ability Massachusetts Utility Files to Raise Rates Again Eugene, Ore., Power Company Plans to Pay Companies to Reduce Consumption Interior Secretary Backs Bush Stance on Monuments' Energy Possibilities Bush Administration Looks at Supply Options, Long-Term Fixes for Energy Crisis High Energy Prices Spur Innovations at Two Buffalo, N.Y.-Area Companies White House Issues Warning on Energy Shortages Electric Bills Could Rise 25 Percent for Savannah, GA., Residents ST. Louis-Based Electric Utility Pushes for Deregulation Bill California Utility Pacific Gas & Electric Gets $1.1 Billion from Parent Firm California Governor Releases Names of Energy Consultants on Board As Advisers Federal Regulators Pursue More Energy Refunds from California Power Suppliers Seattle Utility Says Top Power Users Are Industrial, Commercial Customers Increased Use of Electrical Appliances Undercuts Energy-Efficient Initiatives Cell Phone Magnate Tops List of Seattle-Area Energy Users Roseville, Calif., Makes Plans with Enron for New Power Plant Power Generators Again Feel Federal Heat Over High Prices Bipartisan Bill Favoring Electricity Price Caps Lacks Administration's Support Rhode Island Senator Proposes Electric-Rate Hike to Bail Out Businesses Oregon Senator Pursues Cap on Northwest's Power Prices Energy Company Plans $800 Million Plant Near Johnstown, Pa. Aurora, Colo., Officials, Water District Clash Over Water Proposal Solar Energy Becomes Popular in California As Electricity Bills Remain High Wisconsin Utility Seeks Financial Incentives to Encourage Power Agreements Raleigh, N.C., Power Firm to Shut Down Necedah, Wis., Factory Energy Utilities to Discuss Obstacles to Florida Merger Juno Beach, Fla.-Based Firm Discusses Merger Issues with New Orleans Utility New Orleans-Based Entergy Hopes to Raise Electricity Prices in Arkansas Firms' Dispute May Delay New Massachusetts Power Plants Shares Drop at Florida's Fpl Group As Entergy Corp. Deal Hits Possible Snag Environmentalists Advocate Wind Farms for Pennsylvania Prairies Environmental News Network, Sun Valley, Idaho, David Suzuki Column Solar Sailing Space Mission to Test in April for Launch Later Entergy Offers Pilot Billing Program for Some Texas Customers California Utility Executive Says to Expect Outages, Higher Rates ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://news.powermarketers.com/news/articles/ElectricPower.html Energy Sec. shuns tax incentives for new power plants UPDATE 1-US state officials want power price cap review US state officials want power price cap review Calif. pushes power savings to avert summer blackouts UPDATE 1-EU pressures Lithuania on funds, energy reform Massey sells waste coal processing plant stake UPDATE 3-Intl Power confident of 20-25% EPS growth US Corp Bonds-Buyers on strike; investment banks hit TransCanada appoints insider Harold Kvisle to CEO Wisconsin Energy to sell $1 bln notes this week Suspected nuclear protest hits Berlin rail office PG&E, SCE respond to California plan to pay plants California utility regulator resignation sought-WSJ ********************************************************* NEW on the POWERMARKETERS.COM TRAINING PAGE ********************************************************* Access all online presentations at: http://www.pmaconference.com Coming soon! PMA Power Markets 2001 presentations, taped at the Aladdin Hotel, Las Vegas, March 15-16, 2001. Don't forget you can choose to stream the presentation immediately over the web, or download it to your computer for later viewing-- Free! RealVideo-based powerpoint-based presentations, with the accompanying audio. Running about 30 minutes each, 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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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. 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