PowerMarketers.com Daily Power Report for 27 April 2001 ,
 The PowerMarketers.com POWER REPORT
The PowerMarketers.com POWER REPORT
Today's Energy Headlines From PowerMarketers.com
The Industry's Preferred Source For Breaking Energy News And Information 
http://www.powermarketers.com

"The PowerMarketers.com Power Report is in html format. ?For those who can't 
read html, you can still get the text version (or both text and html for that 
matter). Just go to: http://www.retailenergy.com/headsel.htm"

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------

ADVANCED PROJECT FINANCE COURSES

1. Exercise in Financial Analysis & Project Structuring

May 7-9, 2001 New York, NY

2. Valuation Modeling for Project Finance

May 10-11, 2001 New York, NY

Hurry!
Early Bird Special Ends this Friday, April 27!

Download the conference brochure at:

http://www.pmaconference.com/advpf.pdf

?

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

STATE OF DEREGULATION REPORT: TEXAS

A Comprehensive Report Detailing the Status and Recent Developments in the 
Texas Power Marketplace


Download report brochure at: 


http://www.pmaconference.com/Texasreport.pdf



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

University of Missouri Seeks To Buy/Sell Power

-- Buy approx 50,000 MWH interruptible non-summer

--Sell up to 15 MW from surpluses

-- Deadline May 4

Download RFP at: http://www.pmaconference.com/MURFP.pdf 


?TOP STORIES

TEXAS PUC RULES TO REVERSE UTILITIES STRANDED-COSTS EFFORTS

The Texas Public Utility Commission ruled Wednesday that TXU Electric & Gas, 
the state's largest electric utility, must return to ratepayers most of the 
$1.2 billion it has collected to offset expenses the company contends will be 
left "stranded" when electric retail competition debuts next year.

US FERC TO OK ORGANIZATION TO OVERSEE PACIFIC NW POWER GRID

Federal regulators Wednesday approved a plan to create a new entity to 
independently administer competitive access to the Pacific Northwest's power 
grid, which is dominated by the federally owned Bonneville Power 
Administration's transmission system.

SENATORS INTRODUCE BILL TO TEMPORARILY CAP ELECTRIC RATES IN WESTERN STATES

West Coast senators formally introduced legislation Tuesday to temporarily 
cap wholesale electric rates and expressed hope that their proposal to ease 
the huge run-up in energy prices might clear the committee and make it to a 
vote on the Senate floor.

CALIFORNIA APPROVES TWO 40-MW POWER PLANTS; ON GRID BY AUGUST 1

The California Energy Commission gave final approval to the construction of 
two 40-megawatt power plants in San Bernardino County, and the plants are 
expected to be fully operational no later than August 1.

ENERGY PLANT PROPOSED FOR SOUTH FULTON

An Oklahoma company wants to build an electric generating plant near Union 
City in south Fulton. Williams, an electrical company that produces and sells 
energy and related services, wants to build the plant on a 230-acre site on 
Peters Road off Ga. 138, just up the road from the Christian City community. 




Dow Jones News, Preferred by the Pros


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


REPEAT:MAAC Sees 17% Reserve Margin For Power This Summer

REPEAT: Con Edison -2: To Spend $483M On Upgrades In 2001

MAAC Sees 17% Reserve Margin For Power This Summer

Con Edison -2: To Spend $483M On Upgrades In 2001

NYISO Prelim Report Eyes Possible Upgrades For Pwr Lines

House Lawmakers Doubt US NRC Can Handle Licensing Load

US NRC Chief Cites 'Changed Climate' For Nuclear Power

PRESS RELEASE: Florida Power & Light Outlook Neg-Moody's

Con Edison To Spend $483 Million On Upgrades In 2001

Florida Power & Light Outlook Now Neg Vs Stable -Moody's

GPU:Encouraged By Rate Increase Recommended By Pa. Judge

Southern Co Earnings -3: Industrial Energy Use Down 7.9%

US Northeast Power Prices Continue To Decrease On Loads

Calif Approves Two 40-MW Power Plants; On Grid By Aug 1

Kvaerner In NOK1.1B Contract With Calpine Corp

Revised Palo Verde Futures Vol. Apr. 25, 1

US FERC To OK Organization To Oversee Pacific NW Pwr Grid

TXU Corp. Earnings -3: Strong 1Q Merchant Energy Growth

TI's Venezuela Unit Taking On $300M More In Bk Debt-Paper

India Dabhol Pwr Bd OKs Initial Termination Move -Elec Bd

TXU Corp. Earnings -2: 1Q Fincl Table, Comment >TXU

TXU 'Well Positioned' To Achieve Yr Net Growth Of 7%-9%

TXU Corp. 1Q Includes Restructuring Costs In Europe Ops

TXU Corp 1Q Net 76c A Diluted Shr Vs 71c >TXU

Southern Co. Earnings -2: 1Q Financial Table, Comment >SO

TXU Corp. 1Q Oper Net 83c/Share Vs 89c >TXU

US Weather: Florida Expects Severe Storms, West Sunny

Thai Petchem, Bangchak Pete In Talks On Ops Integration

Southern Co 1Q Op Net Excludes Contribution From Mirant

Southern Co Latest 1Q Oper Net 26c/Shr >SO

Thai Petchem In Ops Integration Talks With Bangchak Pete

Southern Co 1Q Net 47c/Shr Vs 37c >SO

Central Vt./Indenture -3: FERC Ruling Subject To Final Ok

Texas PUC Rules To Reverse Utils Stranded-Cost Efforts


?NATIONAL - Access stories online at: 
http://www.powermarketers.com/pma-nat.htm


Repeats: Energy Volume And Open Interest Totals-APR 26

High Natgas Prices Boost Profit at Texaco, Other Energy Firms (Wrap)

Astonishing Number of Wind Generation Proposals Blows Into Bpa

Energy Users And Providers Unite to Meet Future Energy Challenges; 
Comprehensive National Energy Policy Needed to Keep America Growing

Enron, Sierra Pacific Terminate Agreement to Sell Portland General Electric

Duke Energy Field Services to Acquire Canadian Midstream Services Ltd.; Defs 
to More Than Double Natural Gas Processing Capacity in Western Canada

Sierra Pacific & Enron Terminate Agreement on Sale of Portland General 
Electric

Amonix Announces World's Largest High-Concentration Pv Solar Project

Altair/MIT Fuel Cell Program

10,000 creditors claim piece of bankrupt energy giant PG&E

Michcon Warns Customers Against Utility Imposters

Fairchild's New Controller IC Simplifies Implementation of Power Factor 
Correction in Switch Mode Power Supplies

Corn Growers Advance Ethanol for the Nation's Energy, Environmental And 
Economic Interests

Dominion Joins the Erora Group in Proposed Michigan Power Project in Gratiot 
County

Teco Bga Purchases South Florida Energy Services Division

Dominion Selects Planalytics' Weathernomics Gas Buyer to Help Manage Natural 
Gas Buying And Hedging

Chancellor Group, Inc. Announces Plans for Natural Gas Pipeline Construction

Software Consulting Group And Filenet Launch Web-Enabled Technical Document 
Control Solution Into Energy Market

Aes Drax Energy Ltd.Exchange Offer Expires

Aer Energy Develops New Air Moving Device

Apx And Sterling Planet Form Alliance That Enables Consumers to Increase the 
Purchase of Renewable Power

Federal Commission Limits California Peak Power Costs

Energy Suspends Fftf Shutdown

American Ecology Corporation Announces Nuclear Contracts; Tennessee 
Subsidiary Receives Three Long-Term Contracts to Serve 25 Nuclear Power Plants

Us: DevX Energy Looks for Buyers

Calif. Energy Prices Limited

Calif.'s Energy Woes Draw Diverse Plans

Powering Up with Alternative Energy Resources

Corporations Seek Green Power

Energy Plant Proposed for South Fulton

Energy Company Proposes Plant Near Union City

U.S. Regulators Vote to Control California Power Prices

Replacements for Long-term Energy Contracts May Discourage Investment, 
Bankers Warn

Gas Monopolist Pgnig Will Motion Energy Regulator for Pln 2.7 Bln for 
Restructuring

Proposed Tax on Texas Coal Would Generate $100 Million-(U. Texas-Austin)


?INTERNATIONAL - Access stories online at: 
http://www.powermarketers.com/pma-intr.htm


Energy Production Up 1.33% in Q1

Russian Government Hopes Ukraine Will Not Reconsider Energy Agreements

Residents to Clean Lake Jordan Shoreline, Says Alabama Power

Massive Natural Gas Reserve, Boon for China's Energy Structure Adjustment (3)

GOVERNMENT: BRAZIL WASTES 15 PERCENT OF ITS ENERGY

Nigerian state awards 52 million USD power contract to Russia

Virgin Blue Plans to Fly Higher, Farther And Faster with First Boeing 
Next-Generation 737-700

Kvaerner Secures US$120 Million Power Plant Contract from Calpine, in 
Pennsylvania, USA

Indian Government: Setting Up of A National Power Grid

UK Government: Prescott Announces Community Energy Programme

Ballard Ships 250-Kilowatt Stationary Fuel Cell Power Generator

Philippines' National Power Corp Reduces Power Rates

Slowdown on Power Reform

Adb Loan Project - China, Power Grid Rehabilitation

Czech: Cez to Cut Coal Buy Due to Import of Cheap Polish Power

Target of Additional Generation Capacity to Be Met: Indian Govt

UN: Atomic Energy Agency Describes Disastrous Impact, `Lessons Learned' 
Fifteen Years After Chernobyl Accident

China Prepares Blueprint to Upgrade Wind Power

Philippines Faces Power Supply Shortfalls without New Power Bill


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


Natural Gas Bill Assistance to End in Kansas

Tampa, Fla.-Based Gas Utility Customers to See Lower Bills

ST. Petersburg, Fla.-Based Utility's Rates Likely to Decline

Tacoma, Wash.-Area Power Company Hopes to Charge Higher Rates at Peak Times

Minneapolis-Based Utility Reports 37 Percent Increase in Earnings

Bellevue, Wash.-Based Utility Plan for Off-Peak Rate Discount Hits Legal Snag

Northwest Power Rates in Limbo As Aluminum Workers Call to Keep Smelters on

Senators Introduce Bill to Temporarily Cap Electric Rates in Western States

Columbus, VA.-Based Energy Firm Benefits from Nuclear Plant Restart

Senators Propose Bill to Temporarily Cap Electric Rates in Western States

Pendleton, Wash., Businessman Looks to Harness Wind for Energy

Broward County, Fla., Wants Power-Plant Plans Put on Hold Until Study Is in

Experts Say Florida Is `on Edge' of Future Power Problems

Houston Chronicle Jim Barlow Column

Morristown, N.J.-Based Utility Reports Decrease in Earnings

Electrical Cost-Saving Proposals in New Jersey Draw Pollution Warning

New England Region Has Ample Power Supply, Power Official Says

Rules May Hinder Boston-Area Communities from Opposing New Nuclear Reactors

Indiana Utility Entertains Bids for Its Office Building

Arlington, Texas, to Join Electric Utility Coalition

Businesses Back Refund for Texas Electric Consumers

Colorado Firm Considers Tulare County, Calif., Site for Two Power Plants

Energy Company Begins Construction of Power Plant in Taft, Calif.

Colorado Businesses Charge More Due to Increased Energy Costs

Denver International Airport to Beef Up Emergency Power Capacity After Outage

South Carolina Agency Approves Increase in Electrical Rates

Energy Company Uses Survey to Support Case for New Power Plant in Iowa

Energy Suppliers Report Healthy Financial Gains

-Utilities to Receive Credits Again for Producing Synthetic Fuels

-Lack of Consensus May Keep Utility Bill from Becoming Law in Indiana

-Henry County, Ind., Power Plant Site Gains Approval Despite Opposition


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


WRAPUP-Utilities profit from cold weather, surging demand

Enron gets ready to beat a retreat from India

UPDATE 1-Sierra Pacific terminates Portland deal

Massey Energy says flooding may hurt Q2 results

US House panel clears broadband deregulation bill

WRAPUP 3-Utilities profit from cold weather, demand

UPDATE 1-FERC Calif power plan pleases some, irks others

Sierra Pacific terminates Portland utility deal

UPDATE 1-GPU stock surges on Pennsylvania rulings

AES operating earnings rise 19 percent

WRAPUP 2-Utilities profit from cold weather, surging demand

Cinergy profit decline on rate cuts, lower output

India pays 1.34 bln rupees to Enron unit

NYMEX cancels all-time high gasoline trade

Poland moves on power distribution sell-offs

UPDATE 1-Sempra earnings rise on energy trading profits

World's biggest proteomics plant opens in Geneva

UPDATE 2-Sempra earnings rise on energy trading profits

Con Edison to spend $2.4 bln upgrading wires

TEXT-Moody's revises Florida Power & Light outlook

BC Gas says earnings relatively flat in first quarter

Duke Energy chairman says FERC plan 'rational'

UPDATE 2-Calpine Q1 earnings, revenues more than quintuple

Bush remains opposed to electricity price caps

KeySpan plans $1 billion shelf registation

UPDATE 1-Small, green power plants say hit by UK NETA reform

Calpine expects to up 2001 earnings guidance

UPDATE 1-Southern Q1 profits beat Wall St. estimates

New Issue-TECO Energy sells $400 mln in 10-year notes

KeySpan Q1 profits beat estimates on strong natgas prices

Approval of GPU merger, rate increase recommended

TABLE-Sempra Energy Q1 profits rose

Kvaerner wins $120 mln U.S. Calpine deal

TABLE-KeySpan Q1 results, revs rise

Cinergy Q1 report delayed until after market close

Sempra earnings rise on energy trading profits

Scana Corp Q1 earnings flat

TABLE - Southern Co Q1 profits up

TXU Q1 net income rises on strong natgas demand

Powergen , Mersey Docks in CHP plant j/v

FACTBOX-History of Enron's Dabhol Indian power plant

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

The presentations below are from PMA's Power Markets 2001, taped at the 
Aladdin Hotel, Las Vegas, March 15-16, 2001.

RealVideo-based powerpoint-based presentations, with the accompanying audio. 
Running about 30 minutes each, selections include:

California: What's In Store
Randy Abernathy, California ISO
http://pmaconference.com:8080/ramgen/2california.rm

Texas: The BIG Retail Market
John O'Brien, Skipping Stone
http://pmaconference.com:8080/ramgen/2texas.rm

Weather: The Everyday Crisis
Lynda Clemmons, Element Re
http://pmaconference.com:8080/ramgen/2weather.rm

The Risk of Managing Risk
Robert Jacobs, Derigen Consulting
http://pmaconference.com:8080/ramgen/2volatility.rm

Making the Most of Transmission
Bill Townsend, Friedwire
http://pmaconference.com:8080/ramgen/2transmission.rm

Realtime Pricing Solutions
Tony Banks, Optiron
http://pmaconference.com:8080/ramgen/2rtp.rm

Don't forget you can choose to stream the presentation immediately over the 
web, or download it to your computer for later viewing-- Free! Access all 
online presentations in streaming or downloadable format at: 
http://www.pmaconference.com

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://www.dtnergy.com/pma/spot.cfm 

ELECTRICITY FUTURES PRICES: 
Access online at: http://www.dtnergy.com/pma/electric.cfm

NATURAL GAS FUTURES PRICES: 
Access online at: http://www.dtnergy.com/pma/gas.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: Dow Jones, 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, point your browser to "The 
PowerMarketers.com POWER REPORT" subscription services form at 
http://www.retailenergy.com/pma/dprreg.htm? 

To unsubscribe from this service via e-mail, send a message to 
pma@powermarketers.com