SERC

Evening peak prices remained strong until he 22. OPC was a low 40's bid
untill he 22. We prescheduled 100 mw's to SOCO for $95 from he 20-22. SCEG,
DUKE and SC were low 40's bids for the evening peak. CPL was the only
reasonable offer at $60. TLR's prevented any new schedules from being
started until he 23. Off- peak bids were in the low to mid teen's. SOCO
was buying $15 from their neighbor's. Vepco offered out $14.00 into TVA or
into EES for off-peak. This power ended up being sold to EES. EES would not
show us a bid for off-peak. For Wednesday SOCO and SCEG will be buying
hourly after the morning peak. Duke and Vepco will be buying for economics.
SOCO did not want to pre-schedule anything for Wednesday.

SERC 16 hour average: BID $ 50 OFFER $ 80

FRCC

Bids were not very strong in Florida for the evening peak. Rain helped the
Florida utilities cover their loads. For he 21-22 TAL, FPL and FPC were mid
40's to mid 50's bids for the evening peak. The only offer for the evening
peak was a $100 offer from FPL. For off-peak, bids were in the mid teens,
there was no real interest in buying off-peak. FPC and FP&L will wait
until mid morning to look for preschedules.

FRCC 16 hour average: BID $ 90 OFFER $ 150