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   Thursday, June 14,  2001 Issue 30   EDITORIAL  Putting the  brakes on Regulations   The past few weeks have brought home the reality of  just what sort of environment energy companies are working in.  For all the talk about deregulation across the globe, it's  become increasingly apparent that governments aren't quite  willing to give up their control over energy supply and  distribution.    In Europe, EDF's expansion plans have been put on the hot  seat by various governments not too thrilled about the idea of  the French company becoming a major player in their backyards.  Enron's recent problems in India only serve to highlight that  while Asia remains an important place for investment,  governmental red tape remains a major impediment. The  Brazilian energy crisis has brought the Brazilian government  back into the mix with a vengeance. And in the US, California  is having a fine time going after a number of energy companies  on charges of price fixing. It would seem that the energy  companies can't catch a break wherever they term (even mother  nature seems to be having fun at their expense with the recent  flooding in Houston with my namesake Tropical Storm Allison).    It's not all doom and gloom however. Record profits and  investment in the energy stocks only go to show that the  energy industry is a resilient lot.    --Allison Robertshaw, Editor      CASE STUDY  Latin America and the Energy  Economy  The dawn of the 21st  Century signals a shift in Latin America to an "Energy  Economy". However, the pathway to the new economy is plagued  with potholes in the form of political unrest, decades of poor  planning, hydroelectric projects on the verge of drying up, on  again-off again deregulation efforts, and impending gloom in  some power sectors.  In spite of many headlines  pronouncing doom and gloom there are many bright spots on  Latin America's energy horizon. As the old saying goes "there  are many roses among the thorns". Not the least of those roses  is the sector's abundant oil and gas reserves, estimated at  some 137 billion bbl... Click here for Full Story       FOCUS  The Sun Rises On Alternative  Energy  The winds of change are  blowing in the energy sector, particularly in the field of  renewable energy. Renewables, especially solar are set to grow  dramatically over the near term as the industry comes to grips  with the depletion of fossil fuels and the power shortages  plaguing much of the globe.  The renewable energy  sector is expected to grow as much as 28.5% per year over the  next five years according to reliable sources. It should be  noted however, that renewables are not expected to be a major  threat to conventional oil and gas as most of the world and  virtually all of the industrialized... Click here for Full Story        INSIGHT  Preparing for the (Uncertain)  Future  Technological advances,  along with increased merger activity, clearly have increased  the complexity of the energy industry dramatically during the  past decade. Complicating the scenario is the fact that energy  managers are more accountable to shareholders and shareholder  value than ever. The change has been tremendous. In upstream  E&P, for example, the concept of the customer, much less  shareholder value, didn't exist five years ago. Toward this  end, a company's ability to present itself in a good light is  paramount; to do so requires a reasonable ability to predict  company performance in the near  future.  Headquartered in London, Celerant  Consulting  (formerly Cambridge Management Consulting)  helps oil and gas companies manage these and other challenges  they face. Among the fourteen-year-old company's clientele  are... Click here for Full Story        ADVERTISEMENT  [IMAGE] Landmark  Graphics and Petroleum Place -- Accelerating Business  Efficiency   Landmark Graphics and Petroleum Place Delivers Enormous  Efficiencies within Acquisition and Divestiture. How?  Through online delivery of data and evaluation tools within  an APS environment to afford dramatic efficiencies for both  sellers and buyers.    Visit www.petroleumplace.com     [IMAGE] NEW! GLOBAL  ENERGY REPORTS    Emerging Markets Online specializes in global energy  reports. Dozens of new reports are now available, including  Latin American Oil and Gas Report, Power Generation in Latin  America, Iraq Oil and Gas Report, European Energy  Liberalization, Gas and Power in India, and more. The site  includes news and a Global Energy Projects Database! Register now to view FREE executive summaries at  http://www.emerging-markets.com/login/energyreports.asp     [IMAGE]  NEWS ROUND UP - WEEK IN REVIEW  Smart Meters Lower Reduce Operating Cost,  Satisfy Increased Demand for Electricity  Internet based metering technologies make it easier  and more affordable for power companies to satisfy the rising  demand for electricity.  Independent System  Operators (ISOs) and Regional Transmission Organizations  (RTOs) can now deploy Web-enabled meters and software to  support their ancillary services, and can choose demand  response programs as inexpensive alternatives to spinning  reserve requirements.   Web-enabled tools, such as... Click here for Full Story     DTE, Samsung Techwin Form Korean Energy Venture   A new venture, energy|now, will  be launched by Korea-based Samsung Techwin and DTE  Energy.  DTE will provide its distributed generation  technologies, mini and micro grid expertise, and its  energy|now brand, while Samsung will offer access to  customers, sales offices and marketing infrastructure, and  logistical services. Click here for Full Story     Russia Proclaims Solar a Top Priority   Dimitry Strebkov, The director  of the All-Russia Institute of Agriculture Energy, has said  that Russia has "breakthrough" technologies in all major areas  of solar power engineering, and that the country can compete  with foreign achievements in the field.  The  Ministry of Industry and Science will provide funding in 2001  for the construction of a solar power plant using solar  concentrators at the Gribanovo testing range, also known as  the design bureau SOLTO. This is one of the five Russian  projects in the field of untraditional renewable sources... Click here for Full Story     Enron Considers Shuttering Of Second Phase of  Dabhol Plant  Enron, in  cooperation with lenders to its Indian utility, is strongly  considering shutting down the $2 billion second phase of its  giant Dabhol Power plant.  Enron spokesman John  Ambler, said Thursday that the entire $3 billion project is in  jeopardy with the second phase being more 90 percent complete  The second phase of the plant is critical and would almost  triple Dabhol's power-generation capacity to about 2,100  megawatts, or enough power to... Click here for Full Story     Wireless Web Network Monitors 2 Million Miles of  Pipelines  San Jose, Calif. An  Austin, Tx., June 4, 2001---Aeris.net and American Innovations  are teaming up to help protect the environmentally sensitive  areas and local communities from hazardous pipeline leaks and  explosions  by using Aeris.net's wireless telemetry  network services and American Innovations Bullhorn Remote  Monitoring System to remotely monitor over 2 million miles of  pipelines throughout North America.    "More than 2 million miles of pipeline weave across the  U.S., transporting all sorts of hazardous... Click here for Full Story     President Bush vs Renewable Energy, Truth  stranger than Fiction  Recent  statements by U.S. Vice President Dick Cheney regarding the  Administrations Energy Policy, appear to show the  administrations bias toward big oil.  Some claim the  vice president showed a decided lack of vision when he said  recently "Conservation may be a sign of personal virtue, but  it is not a sufficient basis for a sound comprehensive energy  policy."   Renewable advocates claim it is time to move forward to  renewable energy sources and leave... Click here for Full Story     Oil Giants Clash Over US $35 Billion Merger   The merger of giants Chevron  and Texaco as beset with delays as Texaco and Shell squabble  over the sale of assets.  The dispute is raising  concerns of the US Federal Trade Commissions about Texaco and  Chevron's combined refining and marketing operations in  California, where they own five refineries and control more  than 25 per cent of the retail petrol market.   Texaco has been in talks with its partners... Click here for Full Story        Latest News Now!       [IMAGE]     EDITORIAL [IMAGE] Putting the brakes on  Regulations    ARTICLES [IMAGE] Latin America and the Energy Economy [IMAGE] The Sun Rises On Alternative Energy [IMAGE] Dealing with Change    NEWS ROUND UP [IMAGE] Smart Meters Lower Reduce Operating Cost, Satisfy  Increased Demand for Electricity  [IMAGE] DTE, Samsung Techwin Form Korean Energy Venture   [IMAGE] Russia Proclaims Solar a Top Priority   [IMAGE] Enron Considers Shuttering Of Second Phase of  Dabhol Plant  [IMAGE] Wireless Web Network Monitors 2 Million Miles of  Pipelines  [IMAGE] President Bush vs Renewable Energy, Truth  stranger than Fiction  [IMAGE] Oil Giants Clash Over US $35 Billion Merger        SUBSCRIBE   Please  enter your email address below to subscribe to the  EyeForEnergy newsletter. Thank  you       UNSUBSCRIBE  To  unsubscribe from the EyeForEnergy newsletter  please enter your email below. Thank  you      If you  have any comments about this newsletter or you  would like to suggest future topics or industry  related news, please email bruno@eyeforenergy.com      [IMAGE]