PowerMarketers.com Daily Power Report for 15 December 2000 ,
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--------------------T O P S T O R I E S--------------------

Top Stories (December 14)

NEW CEO: CALIFORNIA MESS WON'T DETER ENRON'S AGGRESSIVE TRADE
Enron Corp. will continue to aggressively trade power and gas in the 
country's deregulated markets, despite the political crisis sparked by 
surging electricity prices and near blackouts in California, the company's 
new chief executive said Wednesday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/14/eng-djn/eng-djn_000020_44_3054680922069

DUKE ENERGY UNIT SELLS 23% STAKE IN OKLAHOMA POWER PLANT
Duke Energy Corp.'s Duke Energy North America unit sold its 23% interest in a 
500-megawatt merchant power plant under construction in McClain County, 
Okla., to the Oklahoma Municipal Power Authority.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/14/eng-djn/eng-djn_150024_149_504289727192

NEW YORK PSC'S MARKET GOALS COULD KILL GROWTH - GENERATORS
A report by New York utility regulators on Thursday that calls for a $150 a 
megawatt-hour price cap on the state's wholesale power market could seriously 
hamper efforts to attract new power plant development, generators said.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/14/eng-djn/eng-djn_194038_154_461525930092

US DOE RICHARDSON ASKS FERC FOR CALIFORNIA ELECTRIC SUMMIT MONDAY
U.S. Energy Secretary Bill Richardson has asked the Federal Energy Regulatory 
Commission to call a "settlement conference" of California's utilities, 
independent power producers, marketing companies and the state Public 
Utilities Commission Monday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/14/eng-djn/eng-djn_224024_133_053859288339

FEDERAL REGULATORS APPROVE NEW WISCONSIN ELECTRIC TRANSMISSION COMPANY
Electric customers throughout Wisconsin should have a better chance of 
keeping the lights on, thanks to a new, statewide electric transmission 
company approved Wednesday by federal regulators.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/14/krtbn/0000-0537-WJ-ELECTRIC

POWER CRISIS COSTS CALIFORNIA UTILITIES $1 BILLION IN ONE WEEK
California's energy crisis has blown the lid off wholesale price caps ---- 
the state's attempt to control electricity costs ---- as defiance from power 
companies and competition from other states for scarce supplies has sent 
those costs soaring beyond state-imposed limits.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/14/krtbn/0000-0122-ES-POWER-CRISIS

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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

Colorado Regulators OK Xcel Power Deals With Enron,Others

US DOE Richardson Asks FERC For Calif Elec Summit Mon

La. PSC Approves $72M Refund To End Entergy Fuel Case

Sen. Feinstein Urges Wholesale Regional Power Price Cap

Cinergy Unit/Va. Units -2:Would Produce 330 Megawatts>CIN

Sen Breaux To Meet Bush In Texas Friday - CNN

NY PSC's Power Mkt Goals Could Kill Growth - Generators

UniSource Energy Outlook-2: Cites Wholesale Energy Margin

Cinergy Unit Mulling 4 Generating Units In Va. >CIN

PRESS RELEASE: Xcel Energy Unsec Rated BBB+ By S&P

UniSource Energy Boosts '00 Net Estimate To $1.10/Shr

Calif ISO/'Dirty 13'-3: PGE Says It Never Stopped Selling

Cinergy Corp. Names Chmn -2: Will Remain Pres, CEO >CIN

REPEAT:NY Regulators Want $150/MWh Soft Cap On Power Mkt

Duke Energy Unit/Pwr Plant -2: Sees Close By End Of 1Q

Saab Unit Kockums Sells Wind Power Ops To German Enercon

Duke Energy Unit Sells 23% Stake In Okla. Power Plant>DUK

Southern Co Names Andrew Dearman Transmission Chief >SO

AES Alamitos -2:Agrees To Install New Emission Tech>AES

HEW Offers Bewag Option On 25.1% Stake In Veag

REPEAT:Calif Gov Posts Names Of `Dirty 13' Pwr Suppliers

REPEAT:Xcel: Resumed Sales To Calif ISO For Emergency

Midwest ISO CEO Resigns; Grid Group CFO To Take Post

AES Alamitos To Pay $17M Fine >AES

Revised Palo Verde Futures Vol. Dec. 13, 0

AES Alamitos, S Coast Air Quality Mgmt District In Pact

AES Alamitos Says It Settles Emission Violations

Poland's Tsy May Not Open G-8 Power Tender Until Jan 2001

ABB/Contract/Murphy Oil -3: In Line With Strategy

HEW, Vattenfall Become Major German Power With Veag Buy

ABB/Contract/Murphy Oil -2: Project Completion In 2Q 2003

Japan Power, Trading Firms Form Power Equip E-Commerce JV

ABB Gets $160M Clean-Fuel Contract From Murphy Oil>Z.ABB

INTERVIEW: Edison Needs $1B Loan To Stay In Business-CEO

New CEO:Calif Mess Won't Deter Enron's Aggressive Trade

New CEO:Calif Crisis Won't Deter Enron's Aggressive Trade

FREE TRIAL: For a free trial of the Dow Jones Energy Service go to
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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

Redwood Energy, Ltd.

Ice Storms Cause Power Outages

PSC Megawatt Cap

Energy Prices Push Up Inflation in November, Worst Yet to Come Analysts Say

12/14 Electric Company Needs Room To Breathe

Agrium Well Positioned in the Face of Record Natural Gas Prices

California Power Crisis Eases After Emergency Action

Top Energy Summaries - Thursday, December 14, 2000 - 5:21 PM

Greentech Energy Systems Invests in Wind Power

Duke Energy Field Services Completes Colorado Plant Expansion; Eases Weld 
County Processing Constraints

Mitchell Energy Announces $473 Million Capital Budget

Ada-Es Begins Work on Installing And Testing Mercury Emissions Controls at 
Coal-Burning Power Plants As EPA Issues New Regulations

Coal Refuses to Bow Out, Takes New Form

Help! Energy Costs Will Strap Many

Duke Energy CO Corp - Outlines Position in California Electricity Market

Autlan Seen Hard-Pressed by Natural Gas Hikes

NY Natural Gas Review: Down in Choppy Trade After Rally Stalls

Cinergy Buys 2 Power Plants

US/Canada Spot Natural Gas: Inside Wed Range in Quiet Trade

Devon Energy Corp - First Production from Canadian Gas Discovery

Northstar Energy Corp - First Production from Canadian Gas Discovery

Luscar Awarded Milner Coal Supply Contract

Cummins Partners with Allison Transmission to Power Diesel Hybrid Electric 
Drive System

Leading Power Generation Manufacturer Selects Excelon B2b Portal Server to 
Deliver Rich Content to Consulting Engineer CustomersXml-Based Solution 
Aggregates Information from Disparate Sources for Delivery to Key Design 
Personnel

Statement Regarding Introduction of Diesel-Electric Buses Into Orange County, 
California

Top Energy Summaries - Thursday, December 14, 2000 - 2:32 PM

EPA Takes Critical First Step to Regulate Coal-Fired Power Plants for Mercury 
Emissions, Says National Wildlife Federation

Repeats: Energy Volume And Open Interest Totals-DEC 14

Energy Update/Los Angeles Department of Water And Power Daily Energy Update, 
Thursday, DEC. 14, 2000

California ISO Calls Stage One And Two Electrical Emergencies; Conservation 
Efforts Are Helping And Need to Continue

Alabama Power Supports Water Allocation Proposal

Darlene D. Kerr Elected President & Chief Operating Officer, Niagara Mohawk 
Power Corporation27-Year Industry Veteran And Syracuse Native Among Senior 
Most Women in Power Industry

Penny-Pinching for Power Preparing: Possibility of Surcharge Prompts City, 
Businesses to Begin Cutting Back on Power Use

Fircrest Won't Feel the Surge in Power Rates

Feds Order Northwest Power to California Tacoma: Utility Puts on Hold 86% 
Surcharge Plan

Ridge Administration Promotes Energy Conservation As Weather Gets Colder

Energy IPOs to Boost New-Issue Market

Top Energy Summaries - Thursday, December 14, 2000 - 12:22 PM

Seventh Energy Ltd - Financing And Updates Princess Area Activity

Duke Energy CO Corp - Sells Interest in Oklahoma Merchant Power Facility

Will Ferc Jolt Or Jilt? Only Feds Can Stabilize the West's Energy Crisis

U.S. Orders Power to State: Emergency Action Taken to Avoid Rolling Blackouts

Semco Energy, Inc. Declares Quarterly Dividend

Southwestern Energy Company Invites You to Join Its 2001 Outlook & Strategy 
Conference Call on The Web

Duke Energy Sells Interest in Oklahoma Merchant Power Facility

Seventh Energy Ltd. Announces Financing And Updates

Dwp Offers Energy Efficiency CD-Rom Free to Customers; Special Program Seeks 
to Free Up More Electricity Supplies to Assist California During Winter 
Energy Crunch

El Paso Merchant Energy Chooses Caminus Corporations's Zai*Net Gasmaster

El Paso Merchant Energy Chooses Caminus Corporations's Zai*Net 
GasmasterCaminus Zai*Net Solutions Sales Brisk in Volatile Energy Markets

Lucent Technologies: Lucent And Boston Digital Agree to CO-Market Billing & 
Customer Relationship Management Software for Energy Market

CMS Energy Announces Belinda Foxworth Promoted to Senior Vice President And 
General Counsel of Its CMS Enterprises Unit

2 Superstars to Join the Renewable Energy ``Dream Team''

Top Energy Summaries - Thursday, December 14, 2000 - 9:02 Am

Orange County Transportation Authority Becomes First on West Coast to Place 
Hybrid-Electric Transit Bus Into Commercial Service

Alberta Energy CO Ltd - to Grow Natural Gas Sales by 23 Per Cent; - $1.9 
Billion Net Capital Investment in 2001

Seventh Energy Ltd. Announces Financing And Updates Princess Area Activity

Energy Chief Steps in / U.S. Energy Chief Steps in, Keeps Lights on in 
California

AEC to Grow Natural Gas Sales by 23 Per Cent; $1.9 Billion Net Capital 
Investment in 2001

Energy Ipos to Boost New-Issue Market

Esco Technologies Announces Award of Major Follow-on Contract by Puerto Rico 
Electric Power Authority

Norsk Hydro retains CROGI target at 10 pct for 2002

Andersen Consulting Selects Regional Economic Research Inc. to Create 
Profiling System for The Electric Reliability Council of Texas

Modern Electric Seeks Nominations

Our View ; Generation Gap a Threat to Region

Avista Has Plan to Boost Power Output Oregon Project Will Suspend; Expansion 
of Rathdrum Plant

Power Profits Must Stay in Northwest, Bpa Says Agency Says Repurchased 
Electricity; Eases Demand for Hydropower

Residents Asked to Conserve Power Northwest Governors Take Steps to Avert 
Energy Shortages

Kaiser Closing Mead Smelter Firm to Sell Power; 400 Workers Idled for 10 
Months

Energy Crisis

Mbta Hires Firm to Demolish Power Plant

Curtailing Utilities' Coal-Burning Won't Work

State's Electric CO-Ops Look at Self-Regulation

Aquila Energy Corp Filed for Ipo.

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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

Adb Approves Energy Loan to Pakistan

Chernobyl Power Plant to Be Closed for Political Benefit Only.

New Focus of the Power Sector: Grid Construction, Upgrades Almost Tripled

M'bishi Heavy to Launch Solar Battery Business

3 Power Suppliers to Launch E-Commerce Market

Energy Giant BP Unveils Capstone-Powered Gas Station/Energy Museum; Capstone 
Microturbine Supplies Bulk of Electricity to Innovative Madrid Facility

Brazil: Alcan Invests in Electric Power Generating

Peru: Vattenfall Acquired Energy Assets

CMS Energy Executes Agreement to Sell Its Ownership in Edeersa Electric 
Distribution Utility in Entre Rios, Argentina

Saab: Kockums Industrier Divests Manufacture of Wind Power Pylons to Enercon 
of Germany

Adb: Pakistan to Privatize Power Utilities And Stem Heavy Losses

Chirac Reaffirms Confidence in Nuclear Energy

Evercel Announces New Electric Scooter Initiative in Asia Flying Electric 
Motor CO. Ltd. Plans 'Direct-to-Consumer' Sales

UK Government: Government Gives Go Ahead for Northfleet Combined Heat And 
Power Station

Mozambique and SAfrica end tariff war over power supply

Europe: Green Energy Certificates to Start Test Trading in Jan

China: Chongqing to Relocate 50,000 Living in Three Gorges Power Project Area

Harbin Power, Harbin Power Plant form China engineering tech jv

New Focus of the Power Sector: Grid Contruction, Upgrades Almost Tripled

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

Federal Regulators Approve New Wisconsin Electric Transmission Company

Tennessee Valley Authority Sued in Dispute Over Electricity Charges

Tacoma, Wash., Utility Proposes Charging Customers 86 Percent Surcharge

New Chief of Scottish Power Mulls Shake-Up

British CEO Agrees to Split Top Electric Company Jobs

Weather Allows a Break for California Power Network

California Suffers from Another Round of Electricity Shortages

California Exchange Requests Permission to Let Electricity Prices Rise Again

California Wholesale Electric Prices Soar Anew

Power Plant Operator to Pay $17 Million Penalty for Emissions in California

Federal Agency Intervenes in California Electricity Market

Anaheim, Calif., Cuts Public-Benefit Electricity Fee

Reliant'S Arkansas Customers to See Gas Prices Rise 25 Percent to 75 Percent

Houston Energy Company Chooses New CEO

Federal Government Declares Electricity Emergency in California

London-Based Electric Utility Hits Debt Reduction Target

San Diego Water Authority Wants Approval for New Rate Structure

Generators Back Up, But California Power Prices Still Climb

Power Crisis Costs California Utilities $1 Billion in One Week

Colorado Utility to Contract for Six New Power Plants

Head of Champaign, Ill.-Based Water Firm to Move to Indianapolis Water Firm

New CEO of GE'S Schenectady, N.Y.-Based Power Unit Announces Move to Atlanta

Corporations Hire Outside Companies to Find Cheap Energy

-Georgia, Alabama, Florida Water-Sharing Talks to Resume

-British Power Company Buys Louisville, Ky.-Based Firm

-Oklahoma Legislative Committee Schedules Electric Restructuring Hearing

-General Electric Moving Power Systems Division to Atlanta

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

UPDATE 1-Imports help Calif. power grid limp through day

FEATURE-Chernobyl closure reminder for Lithuanian plant

UPDATE 1-Thousands still lack power after U.S. ice storm

UPDATE 1-Thousands still lack power after U.S. ice storm

UPDATE 1-US to cut mercury emissions from coal-fired plants

UPDATE 2-NY regulators want lower power prices, caps

All eyes on US regulators to solve Calif. power mess

New Issue - Kansas City P&L sells $250 mln 5-yr notes

Missouri clears UtiliCorp, St. Joseph merger

UPDATE 1-PS Enterprise buying Argentine power distributor

Midwest ISO head resigns from troubled power group

FERC changes meeting time for California power hearing

Southern Co. unit sets diversity policies in wake of bias suit

Could energy crunch bankrupt giant Calif. utilities?

New Issue -TXU Electric sells $575 mln 2-part debt

Thames Water to invest $100-$110 mln in Chile utility

UPDATE 1-TXU Texas storm outages down to 40,000 users

Emerson Electric sees Q1 net of 83 cents/shr

UniSource raises 2000 EPS forecast to $1.10

S&P rates Xcel Energy notes BBB-plus

PS Enterprise buying Argentine power distributor

Cinergy Corp names president/CEO James E. Rogers chairman

Duke sells Oklahoma interest to power authority

Southernsays can help cut Italy power costs

NY regulators propose power sale limits

UPDATE 1-Ruhrgas takes stake in Czech gas utility SMP

RD/Shell formalises interest in Saudi gas

UPDATE 3-Chernobyl nuclear plant shuts down a day early

Swiss EOS says hydro plant will be shut for months

AES says Alamitos unit settles violations, pays fine

PPL restoring power to 16,500 Pa. customers with outages

Dynegy Powerin $903 mln New York State deal

UPDATE 2-BHP(BHP.AX) to keep HBI plant open despite losses

Policy not cash main block to wind power growth

Pakistan's Hubco holds power row talks with govt

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