Joe,

In case you have not seen it.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/10/2000 
10:02 AM ---------------------------


Margaret Carson@ENRON
07/10/2000 08:20 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:  
Subject: CERA Alert--July 7, 2000

In  case you have not  yet  seen.Margaret
---------------------- Forwarded by Margaret Carson/Corp/Enron on 07/10/2000 
08:15 AM ---------------------------


"Alerts@cera.com" <alerts on 07/07/2000 03:37:55 PM
To: 
cc:  

Subject: CERA Alert--July 7, 2000




European Gas CERA Alert: Signposts to a High Demand Path for Natural Gas: The 
Large Combustion Plant Directive and German Nuclear Phaseout

Abstract 
Two unrelated developments at the end of June both point in the direction of 
a long-term high demand growth path for natural gas in Europe, consistent 
with CERA's Blue Gold scenario. Both the approval of the Large Combustion 
Plant Directive by EU environment ministers and the agreement on German 
nuclear phaseout between the German government and industry could involve the 
early removal of existing, low-cost generating plants from the European power 
capital stock in the 2010-15 time period and their subsequent replacement by 
natural gas-fired turbines.

**end** 

Please see attachment for complete Alert. 
NOTE: The attached file is a PDF document. 
To view this file, you need the Adobe Acrobat reader installed on your 
computer. 
This software is available free of charge at http://www.adobe.com 

 <<eg0707.pdf>> 

 - eg0707.pdf