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Top Stories (March 26)

HOUSE PANEL WRAPS UP HEARINGS ON CALIFORNIA ENERGY CRISIS, TO CONSIDER AID
A key House panel wrapped up a series of hearings on the California 
electricity crisis Thursday and now will decide whether to come to the 
state's aid with legislation.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/03/26/krtbn/0000-0156-SA-ENERGY-CRISIS

ALTERNATIVE ENERGY BILL PROGRESSES THROUGH CALIFORNIA LEGISLATURE
A quickly melded proposal that would assure payments for alternative energy 
suppliers whose money woes contributed to power blackouts this week stalled 
Thursday in a divided Legislature.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/03/26/krtbn/0000-0155-SA-ENERGY-BILL

CINERGY BUYS TENNESSEE, MISSISSIPPI POWER PLANTS FROM ENRON
A Cinergy Corp. affiliate has completed the purchase of two merchant power 
plants from Enron Corp., giving the Cincinnati-based utility 1,000 megawatts 
of new supply in the U.S. Southeast.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/26/eng-djn/eng-djn_180040_74_8149668332189

MEXICAN, TEXAS CONCERNS TEAM UP TO PURSUE POWER PROJECTS
Mexican construction concern Grupo Hermes said Monday it has agreed to form a 
joint venture with San Antonio, Texas-based H.B. Zachry to participate in 
electricity projects in Mexico.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/26/eng-djn/eng-djn_220040_180_889574261382

SCOTTISH POWER UNIT FILES FOR $42.7M RISE IN OREGON RATE
U.K. electricity firm Scottish Power PLC said Monday that its U.S. subsidiary 
PacifiCorp has filed a request with the Oregon Public Utility Commission to 
increase rates for a period of approximately three months starting May 2, 
2001.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/26/eng-djn/eng-djn_070040_7_773104198277

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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

Mexican, Texas Concerns Team Up To Pursue Power Projects

Cinergy Buys Tenn., Miss. Power Plants From Enron>CIN ENE

NZ PRESS: Contact Energy Acting Chief To Stay In Post

Nuon To Hold Press Conference On Purchase Of US Water Co

Acid Rain a Problem Despite 1990 Clean Air Act - Report

AES Venezuela EDC Unit Postpones Divs On Poor '00 Results

Phelps Dodge To Implement Power Cost Stabilization Plan

Phelps Dodge/Cost, Job Cuts -2: Curtailments In Colo Ops

Scottish Power Unit Files For $42.7M Rise In Oregon Rate

FRENCH PRESS: EDF Sends Letter Of Interest For Czech CEZ

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

California Utilities Commission Proposes 40% Power Rate Jump

TVA Is Ready for Red Hills Power Plant Will Help Appease Agency's Record Needs

Power Company Mvm Sets March 31 Deadline for Distributors To Pay Arrears in 
Billing Dispute

Provident Energy Trust to Acquire Maxx Petroleum Ltd.; Provident Energy Trust 
to Increase Cash Distribution from $3.00 to $3.60 Annually

Forum Scheduled on Energy Crisis

Calif. Regulators to Approve Increase in Retail Power Rates (Wrap)

Hydrogenics Get $2 Million in Government Funding for Fuel Cell System

Ftcr: Deregulation Disaster; 160 Percent Increase in Utility Bills Projected, 
83 Cents of Every Dollar Goes to Profiteers

Governor Proclaims April Texas Electric Choice Month

Top Energy Summaries - Monday, March 26, 2001 - 5:23 PM

Energy Update/Los Angeles Department of Water And Power Issues Daily Energy 
Update for Monday, March 26, 2001

Electricity Customers in Texas Switch to The New Power Company

Abraham Sees More Calif. Power Shortages

Process & Power 2001 International Conference Emphasizes Technical Content 
And Practical Value115 Sessions Include ``Features at Work'' Series for Users 
of Intergraph Process & Building Solutions Software

Repeats: Energy Volume And Open Interest Totals-Mar 26

Five Utilities Establish New Retail Energy Services Company

CalPERS Has Big Energy Tie

Top Energy Summaries - Monday, March 26, 2001 - 12:18 PM

Alstom hopes to increase U.S. market share on back of power shortage

Board Downplays Power Line Worries

Ocean Energy to Acquire Texas And Louisiana Assets

New High Capacity Storage Technology Set to Relieve California Energy Woes.

Exxon Mobil Corporation Joins California Fuel Cell Partnership

Idaho Power Seeks Hefty Hikes Rates Could Jump 34 to 62.8 Percent

Senate: Help Energy Buyers Lawmakers Vote to Give Puc Bond Authority

American Power Conversion Broadens Its Rack Accessory Offering with A New 
Compact, All-in-One Monitor for Data Center Applications

Alpine Resources Retains Madison Energy Advisors for Texas And Louisiana 
Divestment

Over 5,000 Electricity Customers in Texas Switch to The New Power Company in 
Just Three Weeks

Top Energy Summaries - Monday, March 26, 2001 - 9:18 Am

Jea Deploys Imedeon's Mobile Workforce Management ApplicationApplication 
Suite Enables Utility to Reduce Field Service Chain Support Costs

Uspowersolutions(R) Selected by Washington Gas Energy Services, Inc. to 
Provide Powersolution(R) Services
 Throughout Mid-Atlantic Region

Itron, Inc. Books Over $70 Million in New Orders in Q1; Largest Order -- A 
$39.5 Million Mobile Amr Order in Electric Systems

Cancoil Integrated Services Inc. Announces Signing of Memorandum of 
Understanding with Halliburton Energy Services

Phelps Dodge to Implement Power Cost Stabilization Plan

Fuel Cells to Help Alleviate Current Energy Crisis As Output Will Multiply by 
Factor of 250 in Next Decade, According to Abi

Duke Energy Stands by Its California Prices; Will Offset Credit Premiums 
Charged When Past-Due Payments Are Received

Top Energy Summaries - Monday, March 26, 2001 - 7:43 Am

VCs Focus Power on Energy Start-Ups Cost-cutting Advances Considered a Good 
Bet

Dynegy Inc - Introduces Coal And Emission Products to Dynegydirect

Energy Alternatives

With Natural-Gas Supplies Running Low, Prices Are Likely to Rise in Utah

Duke Energy Corp - Stands by California Prices; Will Offset Credit Premiums 
Charged - When Past-Due Payments Are Received

Ballard Power Systems Inc - to Supply Fuel Cells to Daimlerchrysler for 30 
Fuel Cell Buses

Ivanhoe Mines Ltd: Duke Energy Corp - Ivanhoe Mines Agreement with Duke 
Energy International Will Switch - Tasmanian Pellet Plant to Cleaner Burning 
Natural Gas

Silverado Gold Mines Ltd - Turning Coal Into a Low Cost, Clean Burning 'Green 
Fuel'

NCE Energy Trust - Offer to Purchase Shares of Forte

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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

Aigrettes Return to Coal City in East China

Hydro Plants to Pay US$332mn Water Royalties - Brazil

Seven Companies Present Solar Offers - Ecuador

General Electric Loosens Its Belt

The World's Largest Plasma Wind Tunnel

Energy Researchers Focus on Methane Hydrate

Top Energy Summaries - Monday, March 26, 2001 - 2:31 PM

China's Coal Reserves Account for 11.1% of World Total

Pakistan's Uch, Habibullah Power Plants Start Operations

Adb Procurement - Bangladesh, Power System Upgrade

Restructuring of Coal Industry to Be Accelerated in China

Nuclear power output in Europe rises

Colombia: Electricity Generation Groups in the Dock

Atomic Power Project Beset by Delays

Visteon to Host Industry Consortium Toward Advancements in Automotive 
Electrical Systems in Palmela, Portugal March 26-27

Fletcher Building Limited - Upon Separation from The Fletcher Challenge Group 
- Selects Citibank for NYSE Listed Adr ProgramFletcher Challenge Energy Sold 
to Shell And Apache Corporation

Energy Firm Harnesses US Wind Deal

International Firm to Build Power Plant, Sugar Refinery in Yemen Free Zone

Ballard to Supply Fuel Cells to Daimlerchrysler for 30 Fuel Cell Buses

Italy not to import gas from EU countries not opening up energy market - Letta

Siemens to Form Joint Business Initiatives with YazakiJoint Ventures to 
Develop, Manufacture, And Sell Advanced Vehicle Electrical Systems

Push for N-Power Complicates the Disposal Fight in Utah

Pakistan Paper Reports Expected Arrival of Chinese Minister for Energy 26 
March

Old Mutual PLC Energy Fund Investment Launches UK Power Exchange

Energy Firm Wins US Wind Deal

Sweden to Build Offshore Wind Energy Complex

Russia to Import Coal from Mongolia

STOCKWATCH: Johnson Electric sharply higher on follow-through buying

Whitehall Says Yes to Gigantic Power Plant

Japan extends energy loan to crisis-hit Mongolia

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

House Panel Wraps Up Hearings on California Energy Crisis, to Consider Aid

Alternative Energy Bill Progresses Through California Legislature

Operators of California Power Grid Testify of System Abuses

New York Power Company to Consider Downsizing Generator Plan

California Lawmakers Look to Shore Up General Funds As Utility Woes Continue

Former Foes Agree to Southern California Water Transfer

Orchard Park, N.Y., Energy Firm Racks Up Bigger Quarterly Losses

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

Calif. regulators seek payments to power plants

American Electric seeks buyers for Seeboard - FT

UPDATE 1-Calif. regulator plan would boost electric rates 40 pct

FACTBOX-Key facts on German nuclear waste shipments

Mexico debt to grow if power reform not passed-official

Emergency Western power plan sent to White House

UPDATE 1-PG&E, Edison Intl shares surge on power rate rise

UPDATE 2-PG&E may take $4.1 bln charge; shares soar on proposal

Brazil in deep water as power sector lacks water

NU unit sets stranded cost deal in calm ABS mart

UPDATE 1-Calif. regulator proposes raising retail power rates

Canadian natgas mostly lower with warmer Alberta temps

UPDATE 1-Venezuela's Electricidad suspends qtrly dividend

UPDATE 2-Phelps Dodge cuts U.S. copper, moly production

TEXT-S&P comments on Enron Corp

UPDATE 1-NU unit launches $1.44 bln stranded cost deal

UPDATE 1-Enron sees 5 pct chance of Portland General sale

Duke says would take less for California power sales

Venezuela's EDC shareholders okay separation plan

NU unit launches $1.44 bln stranded cost ABS deal

Vermont Yankee hires JP Morgan to auction nuclear reactor

UPDATE 1-PG&E says may take $4.1 bln charge for power costs

PG&E says may take $4.1 bln charge for power costs

TEXT-Moody'S rates RWE AG and RWE Finance BV

TEXT-Moody's rates HQI Transelec Chile S.A.

RPT-El Paso, Coastal take charge on natgas hedging activities

TEXT-S&P rates Avista Corp $300 mln offering BBB

E.ON eyed for news on Powergen bid

German HEW sees Veag takeover battle resolved soon

France starts nuclear waste transport to Germany

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NEW on the POWERMARKETERS.COM TRAINING PAGE
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Coming soon! PMA Power Markets 2001 presentations, taped at the Aladdin 
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RealVideo-based powerpoint-based presentations, with the accompanying audio. 
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ELECTRONIC TRADING. Power is following natural gas to become an 
electronically-traded commodity. The products, the technology and the future 
of electricity transactions. Kevin Sluder, Vice President, HoustonStreet 
Exchange.

NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing 
operation together-- the cash and credit requirements, back office, 
information technology, staffing, marketing, sales and organizational 
considerations. Andrew Serri, Vice President, AmerenEnergy Marketing.

RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus 
far been an underwhelming success, but a great deal has been learned, and it 
is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone

MANAGING BILLING. The complex requirements for managing billing and 
commodities in the deregulating energy industry cannot be met with current 
CIS and CRM technology. Energy Retailers must embrace the next evolution of 
energy customer management (ECM) solutions. Paul Grey, Chief Technology 
Officer, Peace Software.

THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster 
execution, reduced transaction costs, increased number and frequency of 
transactions and increased specialization are just some of the changes to 
energy markets wrought by the web, and it's just beginning. Implecations of 
the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and 
Director, Altra Energy Technologies.

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