Message-ID: <26860440.1075841871822.JavaMail.evans@thyme> Date: Thu, 22 Mar 2001 15:03:00 -0800 (PST) From: pmadpr@worldnet.att.net Subject: PowerMarketers.com Daily Power Report for 23 March 2001 Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable 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=20 http://www.powermarketers.com/prdaily.htm to view today's edition with dire= ct=20 headline links to each story.] =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D 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=20 never be charged. You may redistribute this e-mail without change. You may not redistribute= =20 stories. To register for a free subscription, point your browser to:=20 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 22) CALIFORNIA GOVERNOR PRESENTS PLAN TO BOOST ALTERNATIVE ENERGY GENERATORS Gov. Gray Davis on Tuesday unveiled a last-ditch proposal to prop up hundre= ds=20 of alternative energy plants that provide a crucial third of the state's=20 electricity but have been shutting down at an alarming rate, causing two da= ys=20 of rolling blackouts. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knigh= tri dder/2001/03/22/krtbn/0000-0522-SJ-POWER-CRISIS CALIFORNIA ENDURES MORE BLACKOUTS; PLAN SOUGHT TO RESTART SMALL POWER PLANT= S Blackouts rolled across California for a second straight day Tuesday,=20 snarling traffic, darkening businesses and sending state officials scrambli= ng=20 to craft a payment plan to revive the wind farms and other critically neede= d=20 small energy producers that have shut down because of financial woes. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knigh= tri dder/2001/03/22/krtbn/0000-0482-SA-BLACKOUTS GAS-FIRED QF'S DEVELOP PLAN TO PROVIDE POWER THROUGH THIRD PARTY SALES A group of gas-fired QFs (small, independent power suppliers --=20 "cogenerators") has developed a plan that will enable them to stay in=20 business and continue to supply power to the California market, and save th= e=20 state as much as $10 million per day in its electricity purchases. http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comte= x/2 001/03/22/pr/0000-2412-ca-sce-gas-fired-qf ALLEGHENY ENERGY/POWER PACT -2: TO SUPPLY UP TO 1,000 MW Allegheny Energy Inc.'s Allegheny Energy Supply Co. LLC unit obtained a=20 10-year, $4.5 billion electricity supply contract from the California=20 Department of Water Resources, which buys electricity for the state of=20 California. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/20= 01/ 03/22/eng-djn/eng-djn_140046_18_6770642898045 OKLAHOMA GROUPS WANT TO DELAY ELECTRIC DEREGULATION More time and study is needed to knock the kinks out of Oklahoma's electric= =20 deregulation proposal, consumer groups said Wednesday. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knigh= tri dder/2001/03/22/krtbn/0000-0588-TU-POWER MINNESOTA HOUSE'S ENERGY BILL MOVES ON WITH DEREGULATION PROVISION The patchwork quilt that is the Minnesota House's energy reliability bill= =20 passed its first committee hurdle Tuesday, but not before its author=20 threatened to kill the whole thing if one of its most controversial=20 provisions was deleted. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knigh= tri dder/2001/03/22/krtbn/0000-0535-SP-ENERGY-BILL ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at:=20 http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index IPE Seeks E-Trade Improvements As Volumes Grow Southern Co. Sets Final Stk Distrib Ratio For Mirant SoCal Edison Sees Owing Additional $428.6M By April 3 SoCal Edison: Owes $722M More Than It Has In Reserves SoCal Edison Had $1.91B In Cash Reserves At March 20>EIX SoCal Edison Has $493.3M In Unpaid Matured Comml Paper SoCal Edison Also Owes $839.5M To Qualifying Facilities SoCal Edison Owes $580M To CalPX, ISO As Of March 20 Suez Unit Elyo Gets EUR200M Intl Paper Cogeneration Deal ABB/Shell -2: Part of Shell's $1.4B Bonga Development >Z.ABB ABB/Shell -3: Equipment Delivery Until Mid-2009 >SC Enron Reaffirms 2001 Recurring Net $1.70 To $1.75/Shr Allegheny Energy Gets $4.5B Power Sales Pact In Calif. Allegheny Energy Gets 10-Yr, $4.5B Power Sales Pact >AYE Norway's Oil Min Awards 11 Cos North Sea E&P Licenses WSJ: Japan's IIJ Gets Bids From Cable & Wireless, Others US Weather: Rain In Northeast, Cold In Northern Plains EU OKs BNP, UGI Acquisition Of Elf Antargaz ABB Cancels U.S. Share Placement, Listing To Proceed Tepco's Wireless Internet JV To Begin Service In May 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 Statement by American Chemistry Council President on National Energy Policy Exide Technologies' Gnb Industrial Power Announces Supply Agreement with NT= T=20 Facilities, Inc. Top Energy Summaries - Thursday, March 22, 2001 - 5:27 PM The Energy Crunch: City Turns Off Effort to Save with Street Lights Groups Want Electric Deregulation Delayed Power Crisis May Raise Colo. River Ocean Energy Completes Acquisition of Texoil Allegheny Energy Supply Agrees to Provide Power to California Council Ponders Energy Buyout-- City Would Purchase Cilco Natural Gas And= =20 Electric Lines TransAlta Urges Mexican Utility To Scale Back Borrowing Role Consumers Energy Announces April 10 Groundbreaking for New Headquarters Department of Energy Application for Presidential Permit Sempra Energy=20 Resources Department of Energy Application for Presidential Permit; Baja California= =20 Power, Inc. Nuclear Regulatory Commission CE Nuclear Power Llc; Hematite Fuel Operation= s;=20 Notice of Consideration of Request for Consent to Transfer of Facility=20 License And Conforming Amendment And Opportunity for Hearing Daimler Sells First Fuel Cell Buses Calif. Overcharged $6.2b for Power Repeats: Energy Volume And Open Interest Totals-Mar 22 Dynegy to Provide Support for California Power Prices Allegheny Energy Supply Agrees to Provide Long-Term Power to California=20 Energy Market Top Energy Summaries - Thursday, March 22, 2001 - 2:03 PM Top Energy Summaries - Thursday, March 22, 2001 - 1:53 PM Alliant Energy Signals Interest in Developing 1200 Megawatts of New=20 Generation in Iowa Top Energy Summaries - Thursday, March 22, 2001 - 1:42 PM Gas-Fired Qfs Develop Plan to Provide Power Through Third Party Sales Peco Energy Helps to Introduce Philadelphia to A Different Type of March=20 Madness Tethys Energy Inc - Considering Value Maximization Opportunities Vector Energy Corp - Nine Month Revenues of Over $1.6 Million Legislators Learn Some Details of Power Contracts Davis Council OKs Power Pact: Dutch Firm Given Lease to Run Small Solar Pla= nt Touchscape Helps Utility CO-Ops Improve Online Service And Communicate Bett= er=20 with Customers California ISO Files with Ferc Regarding Market Power; Media Teleconference= =20 Scheduled for 10:30 A.M. PST Pair of Forums Will Shed Light on Energy Crisis Michcon's Existing Customer Choice Program And Fixed Rate for Natural Gas= =20 Continues Through 2001 Great River Energy Announces Region's Largest Voluntary Wind Project Rate Payers Lose in Dismissal of Citizen Power Appeal Illinois Power, Cities to Negotiate on Tree-Trimming Ohio Consumers' Counsel Launches Price-to-Compare Calculator, Continues=20 Electric Choice Education Efforts Cbi's Applications, Advantages, Limitations And Structures of Synthetic &= =20 Leveraged Lease Financing for U.S. Power Projects Barclays Capital Builds Energy Business Quantum Awarded Contract to Develop Hydrogen Storage System for Fuel Cell B= us Aep Tests Sodium Sulfur Battery's Electrical Energy Storage Capabilities Advisory/Dominion Resources CEO Thos. E. Capps to Address Energy Issues at= =20 Nabe's 2001 Washington Economic Policy Conference DTE Energy/Mcn Energy to Receive FTC Clearance for Pending Merger GOP Pushes for Special Legislative Session on Natural Gas Cheney Warns of Power Crisis International Power Mulls US Expansion Bill to Regulate Merchant Power Plants Advances Energy Agency Halts Site Project Department Stops Design Work on Plutonium= =20 Disposal Plant, Cuts Funds from 2002 Budget Plan Bush Gives Power Plan Arguments U.S. Energy Infrastructure Pushed ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm IBM Japan, 4 Others to Launch Energy-Saving Research Ues of Russia, Shell Gas & Power Sign Cooperation Memorandum Chubais Wins Ebrd Credit to Build Geothermal Station Korea Electric Power Corp Names Presidents for Six Spin-Offs Schneider Electric wins 8 mln eur contract for AHP's Irish unit Brazil: Energy Rationing to Generate Losses of R$3bil for Power Distributor= s Brazil: Comgas Boost Sales with Electric Power Generating Russian Energy Grid, Shell Sign Memorandum Eurogas Joint Venture Partner Nafta to Conduct New Reservoir Evaluation of= =20 Trebisov Natural Gas Field Coal Expected To Remain China's Major Energy Source in Next Five Years Ukrnafta Seeks Investment in Fuel, Energy Complex Ontario Power Generation Creates "Evergreen Energy" Top Energy Summaries - Thursday, March 22, 2001 - 9:21 Am IBM Japan to Develop Ways to Let PCS Use Stored Power Aep Tests Sodium Sulfur Battery's Electrical Energy Storage Capabilities Jim Snow Joins Charles River Associates As a Vice President; Energy Utility= =20 Specialist Strengthens Expertise in Asia Pacific Region ExxonMobil not ready yet to resume Aceh ops: Indonesia Energy Minister EU Wants Lithuania to Close Down Its Nuclear Power Plant by 2009 Egypt: Partial Privatisation of Power Distribution Firms Extended Systems Provides Bluetooth Software to Mitsubishi-Trium for=20 Next-Generation Cell Phone Products STOCKWATCH: Centennial higher on rumoured steaming coal price hike Westaim: Westaim`S Ifire Technology Hires Matsushita Electric Industrial CO UK Government: Hain Grants Freedom for Green Energy ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Oklahoma Groups Want to Delay Electric Deregulation Federal Way, Wash.-Area Utility's Labor Talks Reach Standstill Electric Company Plans to Transfer Utah Positions to Oregon Special-Interest Groups Pick Apart Energy Bill in Minnesota House Minnesota House's Energy Bill Moves on with Deregulation Provision Scientists' May Have Answer to California's Power Problems California Governor Presents Plan to Boost Alternative Energy Generators San Francisco Bay Area Learns to Roll with Power Blackouts California Manufacturers Prepare for Summer Power Blackouts Summer Blackouts May Not Hit Northwest U.S., Power Group Says California Hospitals Seek Power Guarantee California Endures More Blackouts; Plan Sought to Restart Small Power Plant= s Colorado, Kansas Water Brawl Goes to U.S. Supreme Court Paducah, KY., Uranium Enrichment Plant Upgrades Nuclear Fuel Production Orlando, Fla.-Area Water District to Launch $200,000 Public-Relations Campa= ign Orange County, Calif., Residents Cope with Power Blackouts Nation's Energy Crisis Has No Quick Fixes, Bush Administration Says Orange County, Calif., Area Scrambles in Dark As Rolling Blackouts Hit Regi= on Alternative Power Producers Cut Back As Payments from California Utilities = Lag New Jersey Utilities Official to Take Professorship at Tech Institute Experts Say Georgia's Power System Meets Customer Demand Baldwin, Kan., Approves Filing Court Appeal Against Utility Scottish, Pump, Valve Company Expects to Benefit from American Power Crunch Escondido, Calif., Site Is Not Zoned for Proposed Power Plant Dayton, Ohio-Area Utility Executives See Compensation Soar During 2000 California Utility's Program Leaves Once=01)Exempt Customers in Danger of O= utages California Experiences Most Widespread Outages Since Start of Power Crisis New Mexico Utility Hires Consultants in Anti-Union Campaign ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at:=20 http://news.powermarketers.com/news/articles/ElectricPower.html Power crisis has states luring California firms INTERVIEW: FERC ``Lone Ranger'' blasts California policy SoCalEdison obligations top reserves by $722 mln UPDATE 1-Russia's UES optimistic on restructuring UPDATE 1-Calif. grid manager claims huge power overcharges TEXT-Moody's affirms Avista Corp ratings Kinder Morgan Energy says to meet estimates Southern sets final Mirant spin-off ratio Italgas 2000 group net profit rises to 335 mln euros UPDATE 1-California sees power meltdown without price cap Vermont Gov. wants new coal-fired power plant-WCAX US Corp Bonds-Spreads widen as blue chips battered UPDATE 2:California sees power meltdown without price cap France to return German nuclear waste on Monday UPDATE 2-Beirut appoints BNP-Paribas for power firm sale New Issue - Virginia Electric sells $600 mln 5-yr notes UPDATE 1-Russian Duma puts off vote on nuclear fuel imports UPM backs nuclear plant, defies green activists Phelps copper output cut would meet muted response Lithuania could close nuclear plant in 2009 TEXT-S&P may cut Camuzzi Gazometri SpA rating S.Africa awards contract for nuclear power plant Northeast Utilities cuts net to reflect FERC order DTE acquisition of MCN said cleared by FTC Allegheny Energy in pact to sell electricity to Calif. UK opens the door to 100 more green energy projects NY lawyers say Northeast needs one power grid operator Enron comfortable with its 2001 earnings target UPDATE 2-Powergen shares surge on bid hopes Brazil Cesp says 2000 loss was 414 mln reais French EdF wants 15 pct of Polish power generation Philippines okays natural gas-fired power plant E.ON near to buying Powergen at 30% premium-paper Powergen still in talks on offer for firm Constellationprices 12 mln shrs at $39.90/shr ********************************************************* 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=20 Hotel, Las Vegas, March 15-16, 2001. Don't forget you can choose to stream the presentation immediately over the= =20 web, or download it to your computer for later viewing-- Free! RealVideo-based powerpoint-based presentations, with the accompanying audio= .=20 Running about 30 minutes each, selections include: ELECTRONIC TRADING. Power is following natural gas to become an=20 electronically-traded commodity. The products, the technology and the futur= e=20 of electricity transactions. Kevin Sluder, Vice President, HoustonStreet=20 Exchange. NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing=20 operation together-- the cash and credit requirements, back office,=20 information technology, staffing, marketing, sales and organizational=20 considerations. Andrew Serri, Vice President, AmerenEnergy Marketing. RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has th= us=20 far been an underwhelming success, but a great deal has been learned, and i= t=20 is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone MANAGING BILLING. The complex requirements for managing billing and=20 commodities in the deregulating energy industry cannot be met with current= =20 CIS and CRM technology. Energy Retailers must embrace the next evolution of= =20 energy customer management (ECM) solutions. Paul Grey, Chief Technology=20 Officer, Peace Software. THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster=20 execution, reduced transaction costs, increased number and frequency of=20 transactions and increased specialization are just some of the changes to= =20 energy markets wrought by the web, and it's just beginning. Implecations of= =20 the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and= =20 Director, Altra Energy Technologies. 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PMA ONLINE MAGAZINE: Access online at: http://www.retailenergy.com/pmamag.h= tm News releases may be submitted to The PowerMarketers.com Power Report via= =20 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= =20 Marketing Association. Headlines are copyrighted by their respective=20 services: Reuters, Knight-Ridder, and others. Subscriptions to the PowerMarketers.com Power Report are free - you will=20 never be charged. You may redistribute this e-mail without change. You may= =20 not redistribute stories. To register for a free subscription, point your= =20 browser to: http://www.retailenergy.com/pma/dprreg.htm TO UNSUBSCRIBE OR CHANGE your subscription, (1) point your browser to "The= =20 PMA OnLine Power Report" subscription services form at=20 http://www.retailenergy.com/pma/dprreg.htm OR (2) , send a message to pma@powermarketers.com. 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