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

Top Stories (December 11)

SOUTHERN CALIFORNIA EDISON SECURES $1B LINE OF CREDIT TO BUY POWER
As Edison International (EIX) unit Southern California Edison presses state 
regulators to increase retail electricity rates so it can recover excess 
power costs, the company's senior vice president of public affairs announced 
Friday the utility secured a $1 billion line of credit to continue to 
purchase electricity for its customers.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/11/eng-djn/eng-djn_112021_118_546247379854

CALIFORNIA ELECTRIC GRID OPERATOR ADDRESSES ENERGY SHORTAGE
Fears of widespread electrical outages eased on Friday after a rosier weather 
picture emerged and repairs at several power plants neared completion.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/11/krtbn/0000-0132-SJ-POWER

A GAS PRICE DAMPER: UTILITIES CONTINUE TO BUILD COAL-FIRED PLANTS
It is commonly believed that all new generating capacity is going to come 
from gas-fired plants. Not so.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
000/12/11/ph/0000-0094-KEYWORD.Missing

SIERRA PACIFIC RESOURCES ANNOUNCES SALE OF LAS VEGAS POWER PLANT
Sierra Pacific Resources, parent company of Nevada Power Company and Sierra 
Pacific Power Company, today announced that Nevada Power Company has agreed 
to sell the Sunrise Station electric generating plant in Las Vegas, Nev., to 
Reliant Energy Power Generation, Inc., a subsidiary of Reliant Energy.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
000/12/11/pr/0000-3856-.industrytopstories.util

DYNEGY TRADES $1.5 BLN VIA ONLINE ENERGY PORTAL
Wholesale natural gas and electricity marketer Dynegy Inc. said on Monday its 
Dynegydirect Internet trading system had chalked up $1.5 billion in notional 
transaction values since its launch on Nov. 1.
http://207.32.82.57/news/ElectricPower/12_11_2000.reutr-story-N11467.html

ORION POWER BUYS COLUMBIA ELECTRIC CORPORATION FOR $200M CASH
Orion Power Holdings Inc. purchased Columbia Electric Corp., a power 
generation company with assets under construction and development, in a 
transaction valued at about $200 million cash, plus the assumption of certain 
obligations.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/11/eng-djn/eng-djn_174019_230_587898343801

GREEN MOUNTAIN APPLIES TO BE 10TH TEXAS ELECTRIC SUPPLIER
Green Mountain Energy Co. said Monday it has filed an application with the 
Texas Public Utility Commission to become a retail electric provider when 
Texas launches retail electric competition Jan. 1, 2002.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/11/eng-djn/eng-djn_222024_200_803476220462

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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

Green Mountain Applies To Be 10th Texas Elec Supplier

Powergen, LG&E Formally Complete Merger, Start Operations

Edison International A3 Sec Unsec On Moody's Review-Down

BPA: No Interruptible Customers Are Agreeing To Curtail Use

Fitch Cites Liquidity Problems After Calif. Power Crisis

Fitch Lowers Debt Ratings On Pacific Gas & Electric

Fitch Lowers Debt Ratings On SoCal Edison, Edison Intl.

Edison Intl, PG&E Dn -3: Sees Fincl Holes Deepening

Orion Power Buys Columbia Elec Corp For $200M Cash >ORN

CORRECT: Acela's Washington-Boston Run Took 6 Hrs, 41 Min

Edison Intl Dn-2: Morgan Cuts PG&E To Neutral

Edison Intl Down 17% On Morgan Stanley Downgrade >EIX

Amtrak's Acela Washington-Boston Run Arrives 10 Min Late

Price Caps Worsening Calif Pwr Woes -FERC Commissioner

Chicago Blizzard -3: Detroit Automakers Eying Snowfall

Chicago Blizzard -2: City Plans Morning Press Conference

Duke Energy Fincl Chief -2: Brace Succeeds Osborne >DUK

Brazil/Light/AES/EDF -3: AES To Control Light Subsidiary

REPEAT:Brazil/AES/EDF -2: EDF To Buy 70%, AES 30%

Brazil/Light/AES/EDF-2:EDF To Buy 70%,AES To Purchase 30%

Dynegy/Online Trades -2: Web Site Began Trading Nov. 1

Brazil CSN Sells 9.2% Light Stake To AES, EDF For $362M

Progress Energy -2: First Call 2000 Net View $3.31/Shr

Duke Energy Names Robert Brace Financial Chief >DUK

Revised Palo Verde Futures Vol. Dec. 08, 0

Progress Energy Sees 2001 EPS At $3.25-$3.35 >PGN

Progress Energy On Track To Meet 2000 Projections

Progress Energy Targets 7%-8% Annual Earnings Growth

REPEAT: CALIFORNIA POWER ALERT: Crisis Not Averted

Dynegy's Dynegydirect Surpasses $1.5B In Online Trades

FERC To Make Surprise Inspectrions At Calif Pwr Plant

SoCal Ed Secures $1B Line Of Credit To Buy Power>EIX

West Coast Energy Crisis Heightened By Cold In Northwest

S Korea To Retain Kepco's Overseas Ops In Near Term

UK Competition Body Rejects Energy Mkt Abuse Conditions

S Korea Kepco/HSFO Tenders-2:Delivery Jan 8-12, Jan 18-22

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.

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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

Edison Mission Energy Power Project Starts Construction After Expedited 
Approval by California Energy CommissionOperation Targeted for August

Azcentral.com - Big Names Dominate in Internet Energy Trading Race

Southern California Has Some Relief in Energy Crunch from Nuclear Reactor

Nuclear Plant's Return Helps California Power Picture

California ISO Issues Stage Two Electrical Emergency

Nuclear Plant's Return Eases California Power Crunch

Demasz Moves Into Energy Services

Department of Energy Nat Onal Energy Technology Laboratory; Notice of 
Availability of A Financial Assistance Solicitation

A Gas Price Damper: Utilities Continue to Build Coal-Fired Plants

Lexxor Energy Inc. Financing Update

Cre Chief Pledges to Study Natural Gas Pricing Proposals

Natural Gas Prices Could Climb 60%

Cold Strains West Coast Energy

The New Power Company Certified As A Retail Natural Gas Marketer in Georgia

Devon Energy Announces Gulf of Mexico Discovery

Swift Energy to Redeem Convertible Subordinated Notes Due 2006

Southern Energy Announces Financial Analyst Call

Great River Energy Employees Continue to Make Safety A Priority

Sierra Pacific Resources Announces Sale of Las Vegas Power Plant

New Jersey Natural Gas Transfers Appliance Service Business to Affiliate - 
Announces Launch of Njr Home Services

Operational Change Creates Opportunity for Seneca Resources Corporation to 
Sell Unused Natural Gas

Marketplace: No-Guilt Power in Clark County

-Retired Workers of Oak Ridge, Tenn., Energy Facility Press for Pension Hike

-Natural Gas Futures Rise Beyond $1 To Record

-Natural Gas Prices Increase, Oklahoma Utilities Stand By Price Predictions

-Georgia Governor Wants GE Power Division's Headquarters in Atlant

Diablo Canyon Nuclear Power Plant Unit 2 Back on Line Ahead of Schedule

Unusual Event Ends at Beaver Valley Power Station; Incident Posed No Threat 
to Health Or Safety of Community

Sempra Energy Solutions Wins Contract with World's Largest Natural Gas Bus 
Fleet

Pacific Gas And Electric Company Expands Emergency Assistance Program in 
Light of High Gas Prices

Boma San Diego Names Strategic Energy Electrical Strategic Partner of Choice

Fuelcell Energy, Inc. Invites You to Join Its Progress Towards 
Commercialization And Fourth Qtr. Year-End Results Conference Call on The Web

Power Discount Likely

Energy Utility's Telecom Holdings Drop 70% in Value

E-Acumen And Iir Partner to Provide Integrated Solution for Generating Unit 
Outages And Power Supply/Demand Modeling

Catalytica Announces Stockholder Approval of Acquisition by DSM; Spin-Off of 
Catalytica Energy Systems Business to Occur Simultaneously

NY Natural Gas Review: Up 9% After New Record on Midwest Chill

Orion Power Holdings -- Deutsche Banc Alex. Brown's James Dobson Initiates 
Research Coverage

Green Mountain Energy Company Files License Application to Provide Cleaner 
And Renewable Energy in Texas

Repeats: Energy Volume And Open Interest Totals-DEC 11

Walkerton Considers Plan on Utility Rates

DOE Selects Alabama Power Plant for Mercury Testing

New Cold Wave Expected to Strain West Power Grid

Top Energy Summaries - Monday, December 11, 2000 - 12:23 PM

Visteon Corp - Visteon And Hyundai Announce CO-Development of Energy 
Efficient - Thermal System

Texas Firm Scales Down Its Power Plant Proposal

Alliant Energy Industrial Services Acquires Bastian Bay Pipeline

Competitive Market Intelligence Redefines Utility Market Research

Jones Day Swallows Texas Firm to Pursue Buoyant Energy Market

Pema: Unusual Event Declared at Beaver Valley Power Station; Coolant Leak 
Reported Contained on Site

BMO Nesbitt Burns Adds Industry Leader Charles Prioleau to Energy Team

Company's Nevada Asset Portfolio Grows to Meet State's Demand; Reliant Energy 
Announces Purchase Agreement Covering Nevada Power Plants

Reliant Energy Unit to Sell 52m Shares in Ipo, $14-$19 Range (Rei)

Progress Energy Begins Trading under New Ticker Symbol PgnCEO William 
Cavanaugh to Ring Closing Bell at NYSE

Top Energy Summaries - Monday, December 11, 2000 - 8:47 Am

Mississippi Chemical Announces Pre-Tax Gain of $16 Million on Sale of Natural 
Gas Futures Contracts

Calif. Cuts Back on Lights, Heat Northwestern States Also Face Energy 
Shortages, Cold

Kaiser Makes a Bundle by Reselling Power

Wind Power Proposal for New School

New International Rectifier Hexfet Power Mosfets Maximize Efficiency in 
Targeted DC-DC Topologies

Sequence Receives Fundamental Eda Patent for Power Design; Newly Issued 
Patent Reinforces Technology Leadership in Rtl Power Analysis And 
Optimization for System-on-Chip Ic's

Yodlee Unveils Strategy for Delivering the Next-Generation of 
Aggregation-Based Applications14 Partners Already Signed Up to Develop New 
Applications for Advice, Analytics, And Transactions Using Yodlee's Personal 
Information Platform

Terra Nitrogen Company, L.P. Sells Portion of Its December Natural Gas, 
Curtails Production

Oge Energy Corp. Unit to Supply Natural Gas to New Calpine Power Plant

Indeck Has a Lot of Work to Do Yet State, Township Permits Needed Before 
Power Plant Is Cleared

Top Energy Summaries - Monday, December 11, 2000 - 7:39 Am

Logica Announces Innovative Approach to Wireless Mobile SolutionsLogica And 
@Hand Form Business Alliance to Support The Fastest And Most Cost-Effective 
Development of Wireless Solutions for The Utility Industry Today

The Role Natural Gas Storage Can Play in The California Energy Marketplace

Trans Energy Reports Production of Nolan #4

Puget Sound Energy Inc - Files for Adjustment to Recover Higher Wholesale Gas 
Costs

Energy Privatizations Highlight Treasury Dilemma

Blunders Create a New Power Crisis

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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

Mexican Business Proposes New Natural Gas Pricing Scheme

CMS Energy Writes Down Its Investment in Loy Yang Power Plant

Argentina: Repsol-Ypf Starts Up Natural Gas Plant Proyecto Mega

Bridge Update-Commodities: Energy Boosts Crb to... - Part 2

Of Energy and Political Crises

Powergen, Lg&E Energy Announce Merger Completion

Brazil: Previ to Sell Off Assets in Electric Power Trans & Distr

Duke Energy CO Corp - Names Robert P. Brace Chief Financial Officer

Acesita Sells Power Plant - Brazil

Apex: San Cristobal Power Deal "Very Close" - Bolivia

Pluspetrol Secures Power Plant US$50mn Loan - Argentina

Oct. Generation Increases 4.2% - Venezuela

Commonwealth Studies Water Utility Generation - Nicaragua

Tajikistan Seeks Investment to Boost Energy Sector

Uk: Innogy Plans Floating Its Energy Storage Business

CLP Holdings, CLP Power A+ local currency rating affirmed: S&P

Ukraine: National Security Chief Decries Running of Nuclear Power Plants

Philippine Napocor may drop public bidding for one-year coal supply

General Electric Cuts 200 Jobs

UK Competition Commission rejects market abuse claims for British Energy, AES

Iran to Build First Power Station Using Foreign Investment

Chinese bank backs hydro project in Cambodia

Honduras Power Plant 'Will Cut Regional Prices'

Cross-border Power Auction

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

-CEO of San Antonio, Texas, Energy Firm Receives Horatio Alger Award

-Vectren Corp. to Close Downtown Indianapolis Offices

-Retired Workers of Oak Ridge, Tenn., Energy Facility Press for Pension Hike

-Natural Gas Futures Rise Beyond $1 To Record

-Natural Gas Prices Increase, Oklahoma Utilities Stand By Price Predictions

-Georgia Governor Wants GE Power Division's Headquarters in Atlant

The Record, Stockton, Calif., Eric Grunder Column
California Electric Grid Operator Addresses Energy Shortage

San Jose, Calif., Residents Want Holiday Lights to Stay on

Despite Energy Crisis, San Jose, Calif., City Displays Keep Holiday Lights Lit

Engineering Testing Firm Acquires Salt Lake City Consultancy

General Electric Executive Shifts Feature Many from Erie, Pa.

Former Texas Instruments Engineer Receives Nobel Prize in Physics

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

ANALYSIS-Cominco cashes in on U.S. power crisis

U.S. West struggles to keep electricity flowing

FEATURE-Ukraine energy sector to survive Chernobyl closure

Cold front to hit mid-Atlantic states by Thursday

UPDATE 1-Pa Beaver Valley nuke shuts, restart unknown

UPDATE 1-KeySpan raises EPS expectations for 2000, 2001

Moody's may cut Southern CAlifornia Edison's A2 rating

U.S. FERC to meet Friday on California power crisis

Moody's may cut Pacific Gas and Electric's ratings

Fitch cuts Southern Cal Edison, Edison Intl, PGE ratings

Calif. again urges power savings but crisis seen easing

Magnum Hunter warrant exercise raises $54 mln

Dynegy trades $1.5 bln via online energy portal

ANALYSIS-Cutbacks boost aluminium, demand worries remain

S&P rates Entergy-Koch corporate credit single-A

Reliant adds Sunrise Station to Las Vegas power fleet

AES and EDF to buy 9.2 pct of Light for $362 mln

Duke names ex-BT finance director Brace as CFO

UK-France power cable capacity to be auctioned-NGC

CMS writes down stake in Australian power plant

NYMEX January natgas again hits new highs on ACCESS

Indian power workers' strike may result in outages

UPDATE 1-UK scraps wholesale power market abuse rule

UPDATE 1-National Grid names new CEO, holds course

British Energy welcomes competition ruling

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New! Five additional RealVideo-based powerpoint-based presentations, with the 
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ELECTRONIC TRADING. Power is following natural gas to become an 
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NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing 
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RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus 
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MANAGING BILLING. The complex requirements for managing billing and 
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THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster 
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