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Subject:PowerMarketers.com Daily Power Report for 19 March 2001
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Date:Sun, 18 Mar 2001 13:02:00 -0800 (PST)

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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--------------------T O P S T O R I E S--------------------

Top Stories (March 16)

CALIFORNIA GOVERNOR ANNOUNCES PLAN TO REWARD CONSUMERS WHO CUT POWER USE
Saying he wants to reward ratepayers who conserve the most energy this
summer, Gov. Gray Davis on Tuesday announced that many Californians who cut
their electricity use by at least 20 percent during the hottest months will
receive a one-time, 20 percent rebate off their summer bill.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/03/16/krtbn/0000-0438-SA-POWER-REBATE

ENBRIDGE EXPANDS IN U.S. WITH $350M TAKEOVER OF MIDCOAST ENERGY
Canadian natural-gas delivery giant Enbridge Inc. is expanding in the United
States with a $350-million-US acquisition of Midcoast Energy Resources Inc.
of Houston. Enbridge, which will also assume $250 million in Midcoast debt,
announced Friday that the companies have agreed on a friendly merger under
which the Calgary company will pay $27 US per share in cash.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/canadian
p_eng/2001/03/16/eng-canadianp_business/eng-canadianp_business_181232_107_5071
75088394

ALLEGHENY ENERGY COMPLETES ACQUISITION OF GLOBAL ENERGY MARKETS; TRANSFORMS
COMPANY INTO LEADING NATIONAL ENERGY MERCHANT
Allegheny Energy, Inc. announced today that its generation subsidiary,
Allegheny Energy Supply Company, LLC, has completed its acquisition of Global
Energy Markets, formerly Merrill Lynch's energy commodity marketing and
trading unit.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/03/16/bw/0000-1156-md-allegheny-energy

CONNECTICUT STATE AGENCY SEEN REJECTING POWER LINE TO LONG ISLAND
A Connecticut state agency is expected to reject plans for a proposed 24-mile
power line running from Connecticut to Long Island, the head of the agency
told Dow Jones Newswires Friday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/16/eng-djn/eng-djn_190039_210_12336080661

CANADIAN FIRM BUYS TWO NEW YORK POWER PLANTS FROM INTERNATIONAL PAPER
A Canadian company bought a pair of hydroelectric generating plants from
International Paper Co. for $285 million, it was announced Tuesday.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/03/16/krtbn/0000-0022-AL-POWER-PLANT

OMAN SIGNS $270M ELECTRIC PRIVITIZATION DEAL WITH PSEG UNIT
Oman's government Saturday signed a final agreement with Dhofar Power Co. for
the privatization of the electricity power system in the Salalah region in
Oman, the official Oman News Agency reported.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/17/eng-djn/eng-djn_120048_187_650891076773

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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

Edison Intl -2: Not Paying Would Have Accelerated Debts

Edison Intl: No Bank Forbearance Yet; Deadline Passed

Edison Intl: Paid $8 Mln On SoCalEd 1st Mortgage Bonds

PG&E: No April 2 Payment To Be Made On Utility QUIPS

Ct. Agency Seen Rejecting Proposed Pwr Line To LI -Agency

PG&E/QUIPs -2: Utility Has $2.7B Cash, Holding Co $300M

Sewage Released Into Miami Bay Thurs After Boat Hits Pipe

AES Unit/Financing -2: Facility In New Hampshire <AES

Salomon/Brazil Eletropaulo -2: Lower 2001 Earnings Seen

Salomon Cuts Brazil Eletropaulo To Underperform From Buy

US Weather Svc: Flooding, Drought Seen As Spring Arrives

AES Corp Unit Gets $294.4M Financing For Power Facility

Deal Between Rival Bidders Could Solve Cantabrico Saga

CIR's Energia Plans To Bid For Eurogen; No Listing Plans

OUTLOOK: Asia Pdt Mkt Bearish; OPEC To Set Direction

CIR's Energia Sees 2001 Rev At ITL515B Vs ITl148B In '00

Petro-Canada/Oil Detected-2:Deploys Boom To Protect Marsh

Petro-Canada Sees No Impact On Drinking Water, Wildlife

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

Enbridge Expands in U.S. with $350m Takeover of Midcoast Energy

Aesp to Hold Conference Explaining How ASP's Can Help Energy-Services
Providers

Committee Wants Comed to Pay for Power Outages

Fnm Expects No Revenues from Gas and Energy Sector Privatization in 2001

Garbage Power Coming

Hallwood Energy Corporation Announces Petrie Parkman Engagement

Gas-Powered Electric Plant to Supply W. Valley Homes

State, Local Leaders Brainstorm Ways to Sidestep Impacts of A Summer Energy
Crunch on Water Systems

Locke Urges Swift Price Caps for Energy

Puc Blocks Utility Layoffs -- Regulators Fear Harm to Customers

Bill Paul - Power Technology Outlook

White House Sticks to Power Policy

Repeats: Energy Volume And Open Interest Totals-Mar 16

Management`S Discussions: 10-K405, Active Power Inc 1 of 3

Sable Offshore Energy Incorporated Is Winner of the

Seventh Energy Ltd. Announces Successful 2000 Operating

Pacific Gas And Electric Company Defers Preferred Securities Quarterly Payment

Calpine Announces 336-Mw Colorado Energy Center

Consolidated Natural Gas Company Announces Successful Consent Solicitation

On Energy Moves to Woo Customers

Wtc Industries, Inc. Revenues Increasing Due to General Electric Appliance
Shipments

Energy Update/Los Angeles Department of Water And Power Issues Daily Energy
Update for Friday, March 16

Allegheny Energy Completes Acquisition of Global Energy Markets; Transforms
Company Into Leading National Energy Merchant
More Natural Gas Rate Hikes Due

Around New Jersey ; Wintertime Grace Period for Utility Customers Ends

Mechanical Failure Causes Power Outages

Avista Asked to Pay Users to Conserve Utility Now Rewarding Industry for
Saving Energy

Mirant Plans Power Plant in Central Wisconsin

Spl Worldgroup Appoints J. Guerry Waters to Key Strategy Role; Energy
Industry Thought Leader to Head Global Marketing & Strategy

US NWS Long Range: West US Energy Crisis May Resume in Summer ...

Enron Has An Established Retail Business Via Enron Energy Services, Reports
Analyst in Interview with The Wall Street TranscriptWilliam D. Hyler Is A
Managing Director And A Senior Analyst at Cibc World Markets Corp.

CEO Highlights Duke Energy's Strongest Market Overseas in Interview with The
Wall Street TranscriptJames M. Donnell Is President And CEO of Duke Energy
Corporation

Aes Granite Ridge Project Secures Financing; Construction of 720 Mw Gas-Fired
Power Facility in New Hampshire Continues on Schedule

Us: Two Simple-Cycle Power Plants Proposed for California

Bill Would Halt Move to Deregulate Power in Nevada

California Blackouts Seem 'Inevitable' State Officials Say Energy Chief's
Forecast May Be Overly Bleak

Full: Canada's Enbridge to Buy Midcoast Energy for $27 Shr in Cash

Editorial Pay the Piper Mayor Offers Interesting Plan to Increase Power Supply

Lakehead Pipe Line Partners Affiliate to Acquire Midcoast Energy

Energy Chief Rejects Price Caps Despite West's Concern

Southward Energy Ltd - 2000 Year End Financial And Operating Results

Proposals Toughen Utility Regs

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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

New Power Plant Project under Analysis - Argentina

Greenpeace Lobbies Austrian Power Producers To End Imports from Temelin

Russia, Iran To Continue Cooperation in Peaceful Uses of Atomic Energy

Macedonia Interested in Supplies of Russian Energy Resources

Ecuador: Government Settles Debts of Electric Power Distributors

Armenian Official Upbeat About Armenia-Greece-Iran Energy Cooperation

Top Energy Summaries - Friday, March 16, 2001 - 12:52 PM

GE Aircraft Engines Selected to Power New Cargolifter Airship

Top Energy Summaries - Friday, March 16, 2001 - 9:23 Am

Croatian Electricity Utility Fails to Collect Bills, Posts Loss

Uk: Rjb to Supply Coal to British Energy

China to Build Large Coal Mine

Mongolia Drops Hydroelectric Power Plant Project Over Environmental Concerns

Daw Mill Owner Scoops Five-Year Deal to Fuel Power Station

Revisions to Philippines Power Bill May Discourage Investors

Korea Power Exchange to Open April 2

Tohoku Electric Power to Halt LNG Imports from Indonesia

RPT: STOCKWATCH: Huaneng Power sharply higher on acquisition plan

STOCKWATCH: Huaneng Power sharply higher on acquisition plan

Industry Power Demand for Feb. Sees 1st Fall Since July 1999

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KRT DAILY ENERGY NEWS
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Access stories online at http://www.powermarketers.com/pma-krt.htm

Tacoma, Wash., Residents Given Orders to Conserve Electricity

Utah Power Companies Find Energy in High Demand by California

California Universities Sue Texas-Based Utility to Keep Energy Deal

California Utilities May Face Probe Over Shifting of Funds to Parent Companies

California Analyst Says State's Efforts Will Prevent Summer Blackouts

Federal Regulators Threaten to Order Refunds by Power Generators

California Governor Announces Plan to Reward Consumers Who Cut Power Use

U.S. Senate Considers Barring Utilities from Bankruptcy Protection

York County, S.C., Electricity Cooperative Celebrates 60 Years of Operation

Salmon Protection Second to Power Production, Oregon Power Administration Says

New Jersey Vendor to Build Nuclear Fuel Storage Tank for Oregon Utility

Enron Expects Lamar, Colo., Wind Farm to Be Operational by 2002

The Orlando Sentinel, Fla., Home Energy Column

Los Angeles Looks to Buy More Power from Salt Lake City

New Jersey's Low-Income Families Brace for End of Utility Amnesty

Houston-Based Reliant Energy Seeks Another Electricity Rate Increase

Massachusetts to Give $47 Million in Grants, Loans for Clean Energy Sources

Possible Power Deregulation Hits An Outage in Florida Legislature

Springfield, Ore., Utility Looks to Acquire Diesel Generators

Oregon Utility Commission Issues Report on Domestic, International Travel

New Solar Power Generator Small Enough to Fit in Backpack

Regulators Block California Utilities' Layoff Plans

California Governor Offers Incentives to Residents Who Conserve Electricity

Tulsa, Okla.-Based Firm Says It Can Boost Natural Gas Capacity in Pipeline

Canadian Firm Buys Two New York Power Plants from International Paper

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REUTERS
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Access stories online at:
http://news.powermarketers.com/news/articles/ElectricPower.html

03-18-01 Deal breakup adds Con Edison, Northeast to merger shoot-out

03-18-01 UPDATE 3-Amtrak derailment kills one in Iowa

03-18-01 FEATURE-King coal saves U.S. railroads from downturn

03-18-01 Bush economist says CO2 caps could cause blackouts

03-18-01 UPDATE 1-UK's United Utilities mulls break up-paper

03-18-01 California's Davis defies political risk with calm

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