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Enron Mail |
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[IMAGE]=09HOM =09EVENT =09ADVE RTISE=09INDUSTRY DIRECTORY=09[IMAGE]=09[IMAG= E] Thursday, November 16, 2000 Issue 16=20 EDITORIAL Online Energy Exchanges=01*the next step=20 We=01,ve seen the explosion of online energy marketplaces, we=01,ve seen th= e=20 implosion of the dot com revolution, and we=01,ve seen the early steps towa= rds=20 the consolidation of the online exchanges. We=01,ve seen independence t ou= ted=20 as the key to online success and we=01,ve seen the big energy companies com= e=20 back and throw their weight around the online world. The next step is righ= t=20 around the corner =01) and it=01,s going to the reintegration of onlin e ex= changes=20 back into energy companies.=20 In the past two years millions of dollars have been spent on developing=20 online exchanges by entrepreneurs, publishers, and finally, the energy=20 companies themselves. Hundreds of exchanges have popped up as a result=20 ranging from procurement to commodity marketplaces. A few of them have=20 developed the liquidity they needed to stay afloat, and a few have sound=20 business plans that suggest they might be able to stick around until someon= e=20 bigger buys them up. The majority are still in the dreaded =01&planned=018= stage,=20 have been unable to attract the liquidity they need, or are still trying to= =20 work out how to keep all of their numerous founding partners happy and=20 playing nice with each other. None of them have seen the promised big=20 profits or even figured out where they=01,re going to come from.=20 The most successful of the exchanges, ones like Enron have been successful= =20 because they depend on their internal inventories to provide liquidity. Whe= re=20 they won=01,t be successful is in the larger picture when simply trading en= ergy=20 isn=01,t enough, because they don=01,t have the scope to provide the financ= ial,=20 information and hedging services that are key to the industry.=20 These realities point us to the key to a successful online exchange=01*taki= ng it=20 in house. Develop a vertically integrated exchange, create alliances with= =20 information and financial providers, and force your suppliers to come to=20 you. This model will cut costs, outsource non-core competencies and most= =20 importantly save on the hassle (both in terms of costs and time) of=20 integrating numerous IT and cultural systems. The key to making the most o= f=20 the online marketplace is in choosing who will provide the technical backbo= ne=20 and who will provide the auxiliary services.=20 Perhaps it=01,s time we all woke up and realized that the e-business revolu= tion=20 is nothing more than a new business tool and we start treating it as such,= =20 rather than the be-all, end-all.=20 =20 Is the key to a successful online exchange really taking it in house?=20 CLICK HERE TO =20 Chasing the E-Dream=20 No one can deny that the Internet has changed the fundamental way we look = at=20 and handle information but, there is a large, overlooked barrier that will= =20 have to be breached before the Internet truly becomes ubiquitous, the=20 executive suite. In the past eighteen months the average company has gone= =20 from spending a few thousand dollars to put up a web site to investing=20 millions to become immersed in e-commerce. This activity has not gone=20 unnoticed by the inhabitants of the boardroom with an eye on the bottom lin= e. Until recently the business community and the energy sector in particular,= =20 has had a tendency to treat all things =01&E=018 as a stand-alone activity.= In an=20 attempt to bring the top dogs into the fold, IT staffers are changing their= =20 mantra, when addressing the CEO, from B2B (business =01)to- business) to...= =20 Click here for Full Story=20 Its Gotta be Big=20 =20 Back in mid-September, after what seemed like an interminable delay in=20 implementing their online trading operations, the London Metals Exchange=20 (LME), the world=01,s largest non-ferrous metals exchange with a daily valu= e of=20 contracts traded on the LME amounting to about $8,000 million, finally=20 made... Click here for Full Story=20 Deloitte: e-enabled supply chain should bring fundamental change=20 =20 PHILADELPHIA -- No one knows exactly how e-enabling the supply chain will= =20 change the chemical industry, but a team from Deloitte Consulting presented= =20 some compelling and thought-provoking theories in a private workshop at the= =20 recent e-Business for Chemicals and Plastics 2000 USA Conference held...=20 Click here for Full Story=20 Eyeforenergy, Europe - 26-28 March 2000=20 Eyeforenergy Europe will see key executives from companies such as=20 TotalFinaElf, BP, Fortum, Aquila, Worldfuelcell Council, Sasol, Enterprise= =20 Oil, Elsam, BG Group, and the IPE address critical issues facing the=20 industry, including among others: exchanges, e-procurement, e-sales,=20 strategy, portals, intranets, supply chain, CRM issues, security, and mobil= e=20 commerce. With high level keynotes, Case studies, panel sessions and=20 workshops, the response has been huge.=20 If you would like more details on this event please visit=20 http://www.eyeforenergy.com/europe01/=20 Utility.com Completes $22 Million in Third Round Financing, Implements=20 eUtilities Program=20 =20 Emeryville, Calif., November 14, 2000=01*In a Tuesday announcement Utility.= com=20 sadi that it had completed its third round financing by raising over $22=20 million dollars, with Gaz de France of France and Sumitomo Corporation of= =20 Japan, participating in the deal.=20 Utility.com reportedly will use the... Click here for Full Story=20 NetworkOil=01,s SurplusExchange Reports $20 Million in Sales=20 =20 Houston, November 13, 2000=01*The NetworkOil SurplusExchange is using the= =20 Internet to enhance market liquidity in the oil and gas industry reports th= at=20 over $20 million in sales during its first three months of operation.=20 Since August, NetworkOil and Premier Auctioneers International, a=20 NetworkOil... Click here for Full Story=20 CP=02=14Energy Offers SpeedPay to Customers=20 =20 Raleigh, N.C., November 10, 2000=01*In an effort to make it easy for custom= ers=20 to pay their energy bills, Carolina Power & Light (CP=02=14Energy) now offe= rs=20 SpeedPay, which allows customers to pay their CP=02=14bills over the phone = or via=20 the Internet with a checking account, credit card, or debit card number.=20 In... Click here for Full Story=20 UtiliCorp and Advent Networks Join Forces to Deliver Broadband Network=20 =20 Austin, Tx., November 9, 2000=01*UtiliCorp Communications and Advent Networ= ks=20 have reached an agreement to deploy Advent=01,s Ultrabnad platform into a= =20 broadband communications network capable of speeds up to 1,000 times faster= =20 than dial-up modems.=20 "This customer agreement with an industry leader... Click here for Full Sto= ry=20 Korea Electric Power Corp to Deliver High-Speed Internet Access Through Pow= er=20 Lines=20 =20 Seoul, November 9, 2000=01*KEPCO, the Korea Electric Power Corp, has announ= ced=20 tat it will begin test service of high-speed Internet access over power lin= es=20 next year. The service will be tested at about 100 households in Cheju=20 province.=20 KEPCO began developing the technology, which delivers Internet... Click her= e=20 for Full Story=20 PricewaterhouseCoopers and Applix Team To Develop iPlanning for BP Amoco=20 =20 Westboro, Mass., November 8, 2000=01*Applix, Inc., and PricewaterhouseCoope= rs=20 have announced that they have teamed up to help BP Amoco=01,s Houston-based= =20 Deep-Water business unit, develop an Internet-based business planning,=20 forecasting and reporting system. The Deep-Water business unit manages=20 offshore... Click here for Full Story=20 ? Online Energy Exchanges=01*the next step Chasing the E-Dream Its Gotta be Big Deloitte: e-enabled supply chain should bring fundamental change Utility.com Completes $22 Million in Third Round Financing, Implements=20 eUtilities Program=20 NetworkOil=01,s SurplusExchange Reports $20 Million in Sales=20 CP=02=14Energy Offers SpeedPay to Customers=20 UtiliCorp and Advent Networks Join Forces to Deliver Broadband Network=20 Korea Electric Power Corp to Deliver High-Speed Internet Access Through Pow= er=20 Lines=20 PricewaterhouseCoopers and Applix Team To Develop iPlanning for BP Amoco=20 Energy Exchanges Online=20 Eyeforenergy, Europe=20 Eyeforenergy, Latin America=20 Please enter your email address below to subscribe to the EyeForEnergy=20 newsletter. Thank you =20 To unsubscribe from the EyeForEnergy newsletter please enter your email=20 below. Thank you =20 If you have any comments about this newsletter or you would like to sugges= t=20 future topics or industry related news, please email=20 moconnell@eyeforenergy.com=20 ? ? ?
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