Attached is PIRA's "Eastern Grid Market Forecast" for December 2001.

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Allan Stewart (email:
astewart@pira.com), at (212) 686-6808.

Contact Client Services regarding PIRA report distribution and address
changes at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Eastern Grid Market Forecast" outside a Client's
licensed distribution area is strictly prohibited. Clients that are unsure
of their licensed distribution or require an extension of their current
license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group


 - eastdec01.pdf