Enron Mail

From:pmadpr@worldnet.att.net
To:
Subject:PowerMarketers.com Daily Power Report for 9 January 2001
Cc:
Bcc:
Date:Mon, 8 Jan 2001 14:45:00 -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.]

======================================================================
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

************************************************************************

------Advertisement------

CRISIS AND OPPORTUNITY: POWER MARKETS 2001
MARCH 14-16, 2001 LAS VEGAS, NEVADA

The Power Marketing Association's 7th Annual Spring Meeting
<<<< Now Available: Exhibition Space and Sponsorships
http://www.pmaconference.com/0103Agenda.pdf

************************************************************************
------Advertisement------

LOAD MANAGEMENT SERVICES FOR COMMERCIAL AND INDUSTRIAL CUSTOMERS
January 17-19, 2001 Las Vegas, NV
http://www.pmaconference.com/e-bro.pdf

TRANSCOs 2001
January 22-24, 2001 New Orleans, LA
http://www.pmaconference.com/Transcoa.pdf

THE ADVANCED PROJECT FINANCE COURSES
January 22-26, 2001, New York, NY
http://www.pmaconference.com/Advfin.1.22.pdf

************************************************************************

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

Top Stories (January 8)

US DOE EXTENDS CALIFORNIA POWER EMERGENCY ORDER THROUGH JANUARY 10
The U.S. Department of Energy has extended through Jan. 10 an emergency order
requiring power producers to supply California's troubled electricity market.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/08/eng-djn/eng-djn_112020_244_165360182524

WHITE HOUSE TO HOLD CALIFORNIA POWER MEETING AT TREASURY TUESDAY
The Clinton administration is planning to hold a meeting between
administration officials, regulators and California utility executives at the
Treasury on Tuesday afternoon, a White House official said Monday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/08/eng-djn/eng-djn_145346_119_275092920288

CHAIRMAN SUGGESTS FERC REQUIRE 'WEST-WIDE RTO' BE FORMED
Given the electricity crisis in the state, the California Independent System
Operator likely will miss this month's deadline to file a
regional-transmission-organization proposal with the Federal Energy
Regulatory Commission, the regulatory panel's chairman said last week.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/08/eng-djn/eng-djn_212032_152_765619931743

POWER SUPPLY WOES SPREAD TO THE PACIFIC NORTHWEST
While the nation's attention has primarily been on the extremely volatile
California electricity markets, the Pacific Northwest has also come under
increasing pressure as power shortages sent electricity prices soaring to
unprecedented levels in December.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/01/08/bw/0000-0789-ny-fitch.pacific-nw

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------

Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

Chairman Suggests FERC Require 'West-Wide RTO' Be Formed

Calif Gov. Davis, Sr Corp Execs To Attend DC Elec Summit

Calif Assemblyman Names Energy Committee To Craft Bills

Allegheny Energy Sees Buy Adding To Net In 1st Year <AYE

PG&E: Intend To Make Jan 16 CalPX Payment; Cash Squeeze

Calif Assembly Speaker-2:Legislative Plans To Be Outlined

PRESS RELEASE: CE Generation Sr Sec On S&P Watch-Negative

Allegheny Energy CEO -3: Sees '01 Net $3.80-$4.10/Share

PRESS RELEASE: Moody's Affirms Sempra Energy, SDG&E

Sempra Energy, San Diego Gas & Elec Affirmed By Moody's

Allegheny Energy CEO -2: Expects To Expand Trading Unit

Calif Pwr Settlement Talks To Resume This Week

White House To Hold Calif Power Meeting At Treasury Tue

US Sen Lieberman Becomes Ranking Dem On Clean Air Panel

PRESS RELEASE: Power Supply Woes Hit The Northwest: Fitch

Allegheny Energy CEO Sees Merrill Deal Unlocking Value

PRESS RELEASE:Ca Utils With Counterparty Risk Cut:Moody's

Edison Mission Energy On Review For Cut - Moody's

PRESS RELEASE: Edison Mission On Moody's Review For Cut

Edison Funding Sr Unsec Cut To Baa3 By Moody's

Japan's Nichimen To Buy, Sell Surplus Power - Nikkei

Con Ed, NRC Defend Decision To Keep Indian Pt 2 Running

SoCal Ed Says 1,450 Jobs Cut Friday; 1,850 Total Cut

US DOE Extends Calif Pwr Emergency Order Through Jan. 10

India Enron May Invoke Guarantees To Recover Bills-Report

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

California ISO Issues Stage One Electrical Emergency; Generation Outages And
Limited Imports Put Operating Reserves in Short Supply

High Power Cost, Low Water Put Squeeze on City Light; Mayor Repeats Call for
West Coast Price Caps, Proposes Rate Increase

Atlanta Gas Light's Ralph Cleveland Named Vice President of Virginia Natural
Gas

Global Energy Inc. Completes Purchase of Svz Gasification Technology
Operations And Patents from Berlinwasser Holding

Abraham accepts Energy post in Cabinet-(Michigan State U.)

How State's Utility Reform Fizzled

Power Producers Blast PSC Recommendations

Energy Crisis

Ferc Chairman Offers Compromise on California Power Market

Ppl Completes Acquisition of Additional Share in Pennsylvania Power Plant

PSE Customers Practice 'Next Generation' of Energy Management; Puget Sound
Energy Urges Shifting Power Use to Off-Peak Times to Lower Demand

Filing Underscores Commitment to Uninterrupted Power Supply in California;
Reliant Energy Announces Emergency Ferc Filing Regarding Payment Security

Illinois Power Now a Member of the Alliance Regional Transmission
Organization (Rto)

Oge Energy Corp. Named to 'Platinum' List by Forbes Magazine for 2nd Straight
Year

Ocean Energy Schedules January Conference Call And Web Cast

-Lack of Donations Brings End to Kentucky Utility Assistance Program

S&P Places CE Generation Llc on Creditwatch Negative

NY Natural Gas Review:Rallies on Cooler Forecasts, Strong Cash

Hottest New Energy Magazine to Examine E-Billing for Utilities,
Internet-Based Energy Asset Management, Profitable Call Center Strategies And
Data Interchange StandardsSpring Issue Will Include '2nd Annual Executive
Guide to Providers of Customer Management Services'

David T. Flanagan Resigns from Energy East

-Utility Reform Is a Powerful Topic Among House Republicans

Pepco Closes Sale of Share in Pennsylvania Power Plant

Indusmin Energy Corp.: a Look Back At The Past Year

Department of Energy Bonneville Power Administration Umatilla Generating
Project

Public Power Bridged A Big Chasm; This One's Just A Ditch Jump

Repeats: Energy Volume And Open Interest Totals-Jan 8

Hughes Joins American Electric Power As Vice President - Investor Relations

GM, Toyota reach agreement on fuel cell vehicle study

While Base Rates Remain Unchanged, Rising Natural Gas Prices Force El Paso
Electric to Request Fuel Cost Increase

Energy Update/Los Angeles Department of Water And Power Daily Energy Update
for Monday, Jan. 8, 2001

The Power and the Fury

Companies Are Not Prepared to Survive Power Outages

Gartner Says Energy Outages Signal Need for Erp II

Power Supply Woes Spread to the Pacific Northwest

DOE to Seek Ideas to Ease California Power Crisis at Tues Meeting

U.S. Department of Energy Awards Subcontract to Novozymes

Standard & Poor's Issues Report on Greka Energy Corporation

Eea - California Energy Crises Reveal Internal Constraints

EP Power Finance L.L.C. Announces Addition of Four Executives

Top Energy Summaries - Monday, January 08, 2001 - 9:16 Am

H.W. Wilson Company Selects Verity to Power the New Wilsonweb Site -- The
Premier Reference Resource for Librarians And ResearchersVerity Technology
Offers High-Speed, Precise Knowledge Retrieval And Supports Natural Language
Queries

Study Offers Powder River Basin Coal Price Projections, Mine Costs And Future
Capacity Expansions

Capstone Turbine ``Part of the Solution'' to California Energy
CrisisMicroturbines Can Ease Utility Dependence on High-Cost Wholesale Power
While Ensuring That Businesses Keep Running

-Raleigh, N.C.-Based Utility Progress Energy Ponders Sale of Rail, Barge Units

-Indianapolis Utility to Eliminate 20 Percent of Employees

-Natural Gas Rate Hike Would Raise Prices 40 Percent in Boulder, Colo.

High Voltage Engineering Corporation Taps Edgewater for Ebusiness Solutions;
Edgewater Technology to Design And Implement Next-Generation Eprocurement
Systems

Cambridge Energy Corporation Announces the Completion of Third Party
Reservoir Evaluation on Its Latest Acquisitions

Allegheny Energy to Acquire Merrill Lynch's Global Energy Markets Unit;
Acquisition Continues Allegheny's Transformation Into A Leading National
Energy Merchant

Californian Power Crisis Comes under Scrutiny

Edison Cuts Jobs in California Power Crisis

Epoch Partners Publishes Research Note on the California Energy CrisisEpoch
Senior Analyst Mark Langner Discusses The
Impact on Operators of CO-Location Facilities Including Exodus Communications
And Equinix

Rotary Power International, Inc. Successful in Converting $5,400,000 of Debt
Into Equity

UNL responds to soaring energy prices

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Neb Will Hold a Public Hearing in January on Certain Preliminary Matters
Regarding The Sumas Energy 2. Inc. Application to Construct AnInternational
Power Line@

Kestrel Energy Appoints a New Director; Rig Is Moved on to Greens Canyon #1
for Recompletion

Top Energy Summaries - Monday, January 08, 2001 - 2:26 PM

Top Energy Summaries - Monday, January 08, 2001 - 12:16 PM

Mozambique to Acquire Africa's Largest Hydroelectric Power Station

Vietnam, India Sign Atomic Power Cooperation Accord

GM, Toyota Reach Agreement on Fuels for Fuel Cell Vehicles Including
Technology Collaboration with Exxonmobil

Govt. to Boost Power Privatizations - Peru

Cambridge Energy Corporation Announces the Completion of Third Party
Reservoir Evaluation on Its Latest Acquisitions

Iron and Steel Industry Negotiates the Use of Natural Gas

Top Energy Summaries - Monday, January 08, 2001 - 6:53 Am

Independent Energy Boss in Assets Bid

Barclays Caught in US Power Crisis

Indian state says it has no money to pay Enron for power

New Quota System for Renewable Energy Projects

India, China CO Operate in Renewable Power Projects

Norway: Hydropower Out, Natural Gas in

Tiananmen leak shows power struggle ahead of 2002 leadership change

World Bank Procurement - Tajikistan, Energy Management

Malaysian Power Plant in Pakistan to Open Next Month

Philippines Malampaya Gas Field to Increase Energy Self-Reliance

Enron may have trouble financing phase II of Dabhol Power project in India

FEATURE: German firm a power player in Vietnam By Michael Mathes, dpa

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

-Lack of Donations Brings End to Kentucky Utility Assistance Program

-Utilities Consumer Advocate Named at Georgia Public Service Commission

-Utility Reform Is a Powerful Topic Among House Republicans

-Stocks of Oklahoma's Energy Firms See Surge in 2000

-Raleigh, N.C.-Based Utility Progress Energy Ponders Sale of Rail, Barge Units

-State Regulators Order Indiana Gas Co. to Make Slight Cut in Rates

-Indianapolis Utility to Eliminate 20 Percent of Employees

-Natural Gas Rate Hike Would Raise Prices 40 Percent in Boulder, Colo.

Skyrocketing Gas Bills Makes Chicago Residents Turn to Wood for Heat

Utah Utility to Raise Rates in January

The Record, Stockton, Calif., Eric Grunder Column

Sacramento, Calif.-Area Utility Ratepayers Hope for Wet Winter

California Utilities Drop on Market in Wake of Latest Rate Hike

California Legislators Urged Not to Accept Contributions from Utilities

California Utilities Commission Approves Electric Rate Hike

California Businesses Grapple with Increases in Energy Costs

Electricity Rate Hike Casts a Gloomy Pall Over San Francisco Area

California Utilities Commission Approves Rate Hikes

Oil Refinery Joins Energy Partnership with Memphis, Tenn.-Based Utility

Higher Energy Costs Affect Pennsylvania Consumers

Fresno, Calif., Businesses Outraged Over New Energy Rate Hikes

Albuquerque, N.M., Utility Shines in Year of Nasdaq Misery

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at: http://207.32.82.57/news/ElectricPower.html

Sweden's power restored but many phones still down

Kiel utility reshuffles boards as TXU buys stake

UPDATE 1-PSEG to sell stranded cost bonds late Jan.

Power woes spread to Pacific Northwest - Fitch

UPDATE 1-Canadian metals shares get Alcoa bonus

PSEG seen offering $2.5 bln stranded cost bonds-sources

Moody's cuts Edison Funding ratings, may cut further

Calif. utility wins court ruling on recovering costs

WRAPUP 2-California Gov. Davis to address power crisis

WRAPUP 1-California Gov. Davis to address power crisis

Canada spot gas rises with U.S. on cold forecasts

UPDATE 2-Allegheny to buy Merrill energy trading unit

Allegheny to buy Merrill's energy trading unit

U.S. natgas winter heating costs seen up 70 pct

Illinois regulator to probe run-up in natgas prices

UPDATE 2-Calif. utility wins court ruling on recovering costs

UPDATE 1-Calif. utility wins court ruling on recovering costs

TVA says to sell 10-yr global power bonds this week

PG&E freezes management salaries amid soaring power prices

US natgas storage fell to record low in Q4 - EIA

Italy watchdog eyeing Enel's multi-utility role

UPDATE 4-Blast rocks German power plant, no injuries

UK's Barclays says not provisioning on PG&E

Alstom to lay off 550 workers in Montreal

U.S. stocks end lower, late rally limits losses

Calif. utility crisis seen risk for Europe markets

White House summit on California power crisis on Tuesday

Romania N-plant restarts after brief halt

Energen says EPS for 2001 may rise 25-30 percent

PPL completes buy of 83 MW of Pa. Conemaugh coal plant

EIA lowers estimate of nation's Q1 electricity demand

Richardson urges compromise to end Calif. power crisis

Moody's cuts 3 Calif utility projects, may cut 3 more

Merrill to sell energy trades unit to Alleghany-WSJ

Credit protection cost rises on Bank of America

Power supply restored to Zambia's Roan copper mines

Energy East says president resigns

*********************************************************
NEW on the POWERMARKETERS.COM TRAINING PAGE
*********************************************************
Access all online presentations at: http://www.pmaconference.com

New! Now you can choose to stream the presentation immediately over the web,
or download it to your computer for later viewing-- Free!

New! Five additional RealVideo-based powerpoint-based presentations, with the
accompanying audio. Running about 30 minutes each, the new 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!
Check it out today! http://www.energyyellowpages.net/

----------------------------------------------------------------------
OTHER NEWS & INFORMATION FEATURES ON POWERMARKETERS.COM
----------------------------------------------------------------------

PRICEWATERHOUSECOOPERS NEXT-DAY POWERTRAX ELECTRIC PRICE INDEX:
Access online at: http://www.powermarketers.com/p-trax.htm

ELECTRICITY SPOT PRICES:
Access online at: http://www2.dtnergy.com/pma/btu.plx

ELECTRICITY FUTURES PRICES:
Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.quotes.cfm

NATURAL GAS FUTURES PRICES:
Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.gas.quotes.cfm

THE PowerMarketers.com JobSite:
Access online at: http://www.powermarketers.com/pmajobs.htm
A daily visit to "The PMA Jobs Site" at
http://www.powermarketers.com/pmajobs.htm connects you to a wealth of power
industry opportunities that could supercharge your career!
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. Include "unsubscribe" in the
subject and include your name and email address for confirmation.