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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 *The Best Available Introduction to Project Finance for Developers, Lenders and Other Project Participants * Voted Best in Its Field by Over 2500 Attendees * Fully Updated for Today's Merchant Power Environment! and PROJECT STRUCTURING IN THE REAL WORLD: ADVANCED SEMINAR April 26-27 NY NY * Recognize and Surmount the Deal-Breakers in Project Financings * Designed for the Active Market Participant * Gain Insights from Nationally Recognized Financiers: Richard D. Grant & Robert O. Gurman EARLY BIRD DISCOUNT EXTENDED UNTIL MARCH 30! REGISTER NOW! Download the conference brochure at: http://www.pmaconference.com/pfweek.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (March 23) FTC OK'S DTE ENERGY, MCN ENERGY MERGER DEAL The pending $2.24 billion merger of DTE Energy Co. and MCN Energy Group Inc. received antitrust clearance from the U.S. Federal Trade Commission. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/23/eng-djn/eng-djn_140053_191_909099332988 CALIFORNIA ASSEMBLY REJECTS PLAN TO BOLSTER ALTERNATIVE POWER GENERATORS The state's prospects for plugging a critical electricity gap dimmed Thursday when the state Assembly rejected a rescue plan for alternative power companies and a state judge ruled that one such firm could stop selling energy in California. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/24/krtbn/0000-0383-SJ-POWER-PLANTS CALIFORNIA RUNS SHORT ON CONTRACTS FOR LOW-COST ENERGY The state has signed low-cost contracts for just a third of the energy it needs this year, raising the prospect that California could be forced to buy much of its electricity this summer on the expensive spot market. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/24/krtbn/0000-0374-SJ-ENERGY LAWMAKERS PROBE ORIGIN OF NEW YORK ELECTRIC PLAN It's not clear who developed a controversial plan to build 11 new mini power plants in New York City and Long Island by June 1 at a cost of about $510 million, according to a state Assembly official. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/23/eng-djn/eng-djn_140052_136_484080217779 ARKANSAS ELECTRIC COOPERATIVE TO ADD 111.6 MW AT FITZHUGH STATION BY 2003 The Arkansas Electric Cooperative Corp., a wholesale supplier of electricity, plans to add 111.6 megawatts of generating capacity to its 59-MW Thomas B. Fitzhugh Generating Station near Ozark. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/23/eng-djn/eng-djn_190058_251_128088633996 ENERGY COMPANY PLANS WHATCOM COUNTY, WASHINGTON, COAL-FIRED POWER PLANT Washington's first new coal-fired power plant in 30 years is being planned for Cherry Point in Whatcom County. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/24/krtbn/0000-0359-SE-POWER-PLANT ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Savvis Reaches Payment Agreements With WorldCom, Sprint Savvis Reaches Payment Agreements With Bridge Info Savvis/Bridge Info Pacts -2: Bridge Owns 46% Of Savvis Reliant IPO -2: Price Range Had Been $15.50-$17.50/Share Reliant IPO To Include Rights To Preferred Shares Reliant Resources Says IPO Price Expected To Be $25/Shr AES/Ipalco-2: Ratio At 0.463 AES Shrs To 1 Iplaco Shr Ark Elec Coop To Add 111.6 MW At Fitzhugh Station by 2003 AES Corp Sees Ipalco Enterp Stock Swap Closing Mar 27 AES Corp Gets SEC OK For Ipalco Enterp Buy <AES Munder Power Fund To "Take Advantage" Of Power Crisis Enron Shares Up 7% After Enron Corporate Update <ENE Nor'easter Leaves Behind Flooded Homes;Two Deaths In Mass US West Power Daily Prices Rise On Cold Weather, Mon CORRECT: DTE Energy Stock Symbol Is DTE Not DTN DTE Energy/MCN Energy Deal -2: Merger Valued At $2.24B FTC OKs DTE Energy, MCN Energy Merger Deal <DTE MCN Lawmakers Probe Origin Of N.Y. Electric Plan CORRECTION: IPE Extended Hours 0800-0945,0800-0900 GMT ABB Gets $250M Underwater-Equipment Contract From BP <BP AT&T Charging To Put Long-Distance Bill With Local Bill 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 Enron Says Sale of Utility Portland General Is Unlikely (Wrap) PG&E Responds to Energy Proposals in Sacramento California governor says state investigating potential utility overpricing Bush Nominates Deputy Energy Secretary Route Options for Vital Valley-Rainbow Interconnect Electric Link Announced by Sdg&E Williams Line Expanding to Ease Energy Crunch -North Carolina Utility Executive Discusses Purchase of Florida Company -Tulsa, Okla.-Based Williams Energy Denies Allegations of Overcharging -Bill to Regulate Merchant Power Plants Advances House Panel Ends Energy Hearings -- Will It Step In? Bill to Pay Small Energy Firms Stalls E Commerce Group Launches Suite of Speedpay(R) Electronic Bill Payment Products for Tallahassee Municipal GovernmentCity Enhances Customer Service with Introduction of Electronic Payment Options for Water, Gas, Solid Waste And Electric Service Customers Low Lakes Knock Power Generation Explore Burying Utility Lines No Utility Relief for City's Poor Energy Chief Warns U.S. About Supply Shortages Unsolicited E-Mail Hits Energy Customers in Georgia, Reports Georgia Power Bpa to Link New Generation to Northwest Energy Grid Perot Systems Launches Iqom(TM) Energy Services Solution Calif. Overcharged $6.2b for Power Utility May Trim Plans for Generator Eyes Standby Plant Atop Water Supply Emerson Lands Contract to Supply Electric Motors to Fuel-Cell Cars ST. Louis-Based Company Already Has Developed Two Motors for Testing on "Cars of The Future" Pennsylvania Sustainable Energy Funds Invest in Powerweb Technologies President George W. Bush: 'There Are No Short-Term Fixes; the Solution for Our Energy Shortage Requires Long-Term Thinking.' Powercold CEO Calls for Tax Credit Incentives to Help Ease Nation's Energy Crisis Top Energy Summaries - Friday, March 23, 2001 - 9:27 Am NY Natural Gas Pre-Opg: APR Seen Opening Slightly Up on Momentum NW Natural Applies to Oregon Energy Facility Siting Council to Extend Mist Pipeline Coming Down to the Wire / State Legislators Battle Over Alternative Energy Bills Lodi Defies Order for Blackouts / Utility Tells PG&E to 'Pay The Bills' Oakland Looks Ready to Cut Energy Tax / Council Wants to Abolish Levy for The Poor Top Energy Summaries - Friday, March 23, 2001 - 7:44 Am Power Bills Plunge Bush Reversal on Carbon Dioxide Pleases Utility FTC Finally Oks DTE Energy-Mcn Deal California's Power Crisis Puts General Fund Moves on Hold Democrats Unveil Energy 'Crisis' Legislation Senators Attack Bush, Say Problems Can Be Addressed without 'Soiling Our Environment.' Belair Energy Corp - Acquires More Production in Joarcam Planning Commission Oks New Reliant Power Plant ** Company Must Secure Upper Mount Bethel Twp. Supervisors' Approval. ** Upper Mount Bethel Thousands Seek Help with Natural Gas Bills Rules for Purchasing Power Being Fine-Tuned State Wants Electricity Deregulation to Go As Smoothly As Possible Water, Power Shortages Threaten Northwest Salmon Utility Hikes Lead to Conservation Efforts at U. Utah-(U. Utah) ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Cne Working on Renewable Energy Projects - Chile Lmz, Electrosila Participate in Turkish Power Plant Construction Azerbaijan's Chemicals, Engineering, Fuel-energy Plants To Be Privatized Top Energy Summaries - Friday, March 23, 2001 - 5:20 PM Automated Power Exchange Signs Up 12 Companies And a Major Market Maker for Apx U.K. Spot Market Environment-Brazil: Water And Power Shortages Blamed on Drought SI Power Prices Higher Last Week Foreign Exchange Losses Continue to Hit Solid Energy Top Energy Summaries - Friday, March 23, 2001 - 2:17 PM UK-Funded Project Helps Kyrgyzstan Tackle Energy Utility Tariff Policy Power Shortage Said to Delay Operation of Telecom Factory in North Korea Brazil: Rio De Janeiro to Host Several Thermal Electric Power Facilities Top Energy Summaries - Friday, March 23, 2001 - 12:31 PM Ues, Shell Gas and Power Sign Cooperation Memorandum Poland: Six Investors Short-Listed for Electrical Energy Supply Privatization EU SUMMIT Ecofin to discuss energy, telecoms liberalisation timetable tomorrow Lithuania's Part in Post-Soviet Energy Ring Questions Nuclear Plant Shutdown Argentina: Techint Appoints New Head of Its Energy Division Peru: Cetic to Invest US$100mil in Power Projects Ecuador: Offers to Set Up Solar Energy Generation Alstom bidding for 200 mln eur Morocco wind generating park contracts Eurowind Given Planning Permission for Offshore Wind Farm Upm-Kymmene Supports Plan for Finland's Fifth Nuclear Power Plant Russian Power-Grid Chief Obtains Funds, Cooperation Plans on UK Visit Power Shortage Delays Operation of Hanaro Factory in Pyongyang Altek Power Corporation - Fort Macleod Electrical Generation Joint Venture Signed National Energy Board: Westcoast Energy Inc - Neb to Conduct Public Hearing on Operation of Westcoast Energy's - Pine River Gas Plant Sulphur Pipeline Afghan Taleban Power, Irrigation Official Meets Pakistani Envoy China Sets Energy Development Targets Pres. Arroyo Okays Power Plant Project in Batangas ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm -North Carolina Utility Executive Discusses Purchase of Florida Company -Students Plug into Knoxville, Tenn., Utility Board's `Green Power' Program -Utility Explores Knoxville, Tenn., Water Tank Site -Tulsa, Okla.-Based Williams Energy Denies Allegations of Overcharging -Bill to Regulate Merchant Power Plants Advances Senate Democrats Offer Alternative Energy Plan Kansas Regulators Halt Utilities' Natural-Gas Shutoffs Virginia Regulators Develop Plan for Retail Access to Energy Tulsa, Okla.-Based Power Wholesaler Defends California Pricing Proposed Savannah, GA.-Area Plant Could Ease Regional Power Crunch Electric Utility to Transfer 100 Jobs from Salt Lake City to Portland, Ore. Minnesota House Committee Advanced Energy Legislation Report Says California Power Bill May Reach $70 Billion Davis, Calif., Council Approves Plan for Dutch Firm to Run Solar Plant California Lawmakers Grow Edgy As Power Crisis Solution Eludes Governor California Seeks Refunds from Wholesale Power Generators California Legislators Receive Some Details of State's Power Contracts Virginia Utility to Reduce Natural Gas Prices Power Outages Lull As California Governor's Plan Gets Cash to Power Plants Colton, Calif., May Join Other Cities in Power-Plant Project Rolling Power Outages Hit Segments of San Bernardino County, Calif. Blackout Orders in California Delivered Quickly Oregon's Public Utility Commission Tells Utilities to Offer Price Plans Blackouts Hit California for Second Day in A Row Pueblo, Colo.-Area Conservancy District Pushes for Stricter Water-Control Bill Pueblo, Colo., Water Board Raises Tap Expenses The Orlando Sentinel, Fla., Home Energy Column California Utility Starts Making Some Payments to Alternative-Energy Producers California Residents, Visitors Try to Deal with Electricity Problems Virginia-Based Buyer of Waterford, Conn., Power Plant Appeals Tax Assessment Wisconsin Governor Drops Plan to Give Utilities Immunity in Voltage Lawsuits Two Wisconsin Electric Utilities Propose Adding Capacity Utilities to Present Plan for Electricity Transmission System in West, Midwest Modesto, Calif., Irrigation District Looks to Speed Up Power Plant Plans California Endures More Blackouts As Power Crisis Lingers Power Agreements Sought in Exchange for Water Rights in Las Vegas Nevada Gaming, Mining Lobbyists Say Bill Would Limit Electricity Availability Electricity Deregulation Raises Fear Among New Jersey Elderly of Blackouts Eugene, Ore., Utility Board to Reward Large Customers for Reduced Usage Power Experts Dispel Some Popular Myths About California's Blackouts North County, Calif., Power Officials Try to Spread Blackouts Evenly Commerce City, Colo., Council Approves Utility Tax Rebates British Energy Company Offers Fixed-Price Scheme to Pensioners FTC Signs Off on Michigan Utility Merger Madison, Wis.-Based Alliant Energy Plans New Power Plant in Iowa Energy Firm Defends California Power Price California Lawmakers Visit Power Plants That Supply San Francisco Area California Companies, Residents Try to Find New Sources of Electricity San Jose, Calif., Firm Buys Right to Develop Tejon Ranch, Calif., Power Plant California Governor Pledges Help to CO-Generation Power Plants Energy-Conservation Firm Expands Tonawanda, N.Y., Facility Latham, N.Y.-Based Fuel Cell Company Sees Uncertain Future New York Energy Panel Weighs Status of State's Power ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://news.powermarketers.com/news/articles/ElectricPower.html 03-25-01 Southern California Edison says to pay small generators 03-25-01 France prepares to send nuclear waste to Germany 03-24-01 Scottish&Southern mulls offer for Seeboard -paper 03-24-01 Californians warned power bills could soar 03-24-01 UPDATE 1-10,000 Germans protest against nuclear waste 03-24-01 UPDATE 1-EU ducks power liberalisation date, France blamed ********************************************************* 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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