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

Top Stories (January 11)

WASHINGTON CALIFORNIA POWER TALKS HUNG UP ON FORWARD-CONTRACT TERMS
White House-brokered talks to resolve California's electricity crisis were 
hung up Wednesday on the terms of long-term power deals being negotiated 
between the state's two largest utilities and generators, persons close to 
the talks said.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/11/eng-djn/eng-djn_010028_105_512227392755

OFFICIALS LOOK TO WHOLESALE POWER SUPPLIERS FOR HELP IN ENERGY CRISIS
Representatives of the Clinton administration, California Gov. Gray Davis' 
office and California's biggest power companies continued to work yesterday 
to solve the state's electricity crisis.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/01/11/krtbn/0000-0481-WT-ENERGY-CRISIS

TEXAS ELECTRIC UTILITIES SAY STATE ON TRACK WITH DEREGULATION
An association of Texas' largest electric utilities remains committed to the 
state's plan to inject competition into Texas' $19 billion a year retail 
power market.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/11/eng-djn/eng-djn_140034_79_039338498842

PACIFICORP TO BUY, SELL WIND FARM ELECTRICITY
PacifiCorp announced Wednesday that it has agreed to purchase all the output 
of a 450-turbine wind farm to be built southwest of Walla Walla straddling 
the Oregon-Washington border.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/tricityh
erald/2001/01/11/eng-tricity_news/eng-tricity_news_061310_70_6640397640876

BRITISH ENERGY REGULATOR SEEKS TO IMPOSE CONDITIONS ON ELECTRICITY GENERATORS
Energy regulator Ofgem is considering introducing a market abuse condition 
into electricity generators' licences just weeks after the Competition 
Commission threw out a similar clause.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/01/11/krtbn/0000-0393-SU-ELECTRIC

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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

Tauzin Realigns Commerce Committee; Eyes Energy Policy

Ameren Corp. Estimate -2:First Call Yr Net View $3.29/Shr

Puget Sound: Price Rise Covers Costs To Buy Gas Supplies

Puget Sound Unit To Raise Prices An Avg 19.4c/Therm

Puget Sound Energy: Wash. Agency OKs Gas Adjustment

Hearing Date Set For CalPX Request To Stay FERC Remedies

Ameren Corp. Estimate -3: Had Expected Yr Net $3.25-$3.35

AES Corp. Names Gluski CEO Of Gener S.A. Unit>AES

Amer Electric Power/Enron -2: Deal To Close In 2Q >AEP

Duke Energy Conf. Call -5: Doesn't See Seizure Possible

Amer Electric Power To Buy Houston Pipe Line From Enron

Entergy Mississippi Files $540M Debt Securities Shelf

Green Mtn Talks -2: To Resume When Fedl Mediator Calls

Ameren Corp. To Take $15M Chg, Or 11c/Shr In 4Q >AEE

Alliance RTO Cool To MW ISO Merger Despite FERC Comments

FERC Delays Enforcement On New England Capacity Charges

Duke Energy Conf. Call -4: 'There Is A Solution' -Exec

Green Mountain: Talks With Mediator Fail To End Strike

Green Mountain: No Further Talks Are Scheduled >GMP

Green Mountain: Union Still Rejects Co.'s Jan. 4 Offer

Green Mountain: Second Shift Is Major Point Of Contention

Duke Energy Conf. Call -3: Delay Payments Weeks, Not Mos

Northwest Cos Feel California Chill,Step Up Conservation

LADWP To Cut Pwr Sales To Cal-ISO Unless Paid In Cash

CORRECT:DOE Calif Pwr Order Expired Wed At Midnight PST

Gener Chile To Concentrate Investment On Chile Energy Mkt

PG&E CEO -2: Says Raising Rates In State's Interest >PCG

Texas Elec Utils Say State On Track With Deregulation

DOE Mulls Extending Calif Pwr Order As Demand Curbs Seen

PG&E Shares Down 8.8% Following Dividend Cut >EIX PCG

PG&E CEO Sees Bankruptcy By Feb. 1 Without Intervention

PG&E:2,200-MW Diablo Canyon 1&2 Seen At Full Power Thu

Revised Palo Verde Futures Vol. Jan. 10, 15

ABB Price Drop On CEO Comments Seen As A Buy Opportunity

Bell Canada Venezuela Unit $3.8M Bid Leads In WLL Auction

ABB's New CEO Launches Change Program, But Market Wary

ABB's CEO: Decision Made On US Listing, No Details Now

ABB CEO -2: Some Markets Not That Promising

ABB CEO Says Outlook For 2001 Revenues Mixed

ABB CEO: Some Costs From Mgmt Time Tied Up

ABB CEO: Some Costs, But No Charge From Revamp

REPEAT:HEW 2000 Sales Vol Jumps 70%; Pfts,Revenues Flat

ABB -5: To Present Results According To Old Structure

KBC/Electrabel Upgrade -2: Fallen To Attractive Levels

ABB -3: No Restructuring Costs To Be Incurred

ABB -2: Four Customer Units To Replace Present Structure

ABB Sets Organizational Realignment Around Customers

HEW 2000 Sales Vol Jumps 70%; Profits, Revenues Flat

Con Ed Says It May Have Rushed Indian Point 2 Restart

Wash. Calif Pwr Talks Hung Up On Forward-Contract Terms

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

01/11 Senate Asks For Hearing With Energy Secretary

Weekly Power Update

Calif. ISO: More Power Resources Helping to Avoid Outages

Epoch Maintains Power for California E-Businesses

Competition in Electric Market Urged Study Panel Chief Advocates Letting in 
Out-of-State, Independent Companies

CGA Emergency Energy Conservation Program Continues As Cal-ISO Issues Stage 3 
Emergency

Conn. Bank Seeks to Thrive Where Calif. Failed in Energy

01/11 NatGas Bubble To Burst In May: Energy Sec'y

Richardson Renews Calif. Power Order

Global Green USA Responds to Energy Crisis; Organization Joined by Cities in 
Advocating An Environmentally And Economically Sound Blueprint for Energy 
Reliability

Duke Energy North America's Call with Financial Analysts Available to Media

Mazda to release fuel cell-powered vehicle in 2005: president

Utilities Commission Confirms Puget Sound Energy Natural Gas Adjustment

Pacific Storms Intensify California Power Crisis

Top Energy Summaries - Thursday, January 11, 2001 - 4:54 PM

American Electric Power to Purchase Houston Pipe Line from Enron

Call-in Number Changed for Media Teleconferences; Power Reserve Level Remains 
Dangerously Low Today

Bridge Update-Commodities: Natural Gas, Corn, Soybeans Sink

Ppl Energyplus And Pencon Enter Energy Services Agreement

A.I.M. Applauds Action on Power Fees

Wscc Power Market Analysis And Price Forecast Service Rapidly Changing 
Competitive Advantages in the West

Duke Energy Working to Return Moss Landing Power Plant to Service

Energy Commission Offers Consumers a 'High Five' to Save Energy

Beaver Valley Power Station Posts Strong Performance

National Press Club: Expert to Address Electric Power Shortfalls, Regulation 
Issues Contacts: Mark Stultz of The Electric Power Supply Association

World Energy Exchange Surpasses $30 Million in Energy Sales; New Milestone 
Achieved in Less Than 45 Days After Launch of Wexch.Com Energy Transaction Hub

Top Energy Summaries - Thursday, January 11, 2001 - 2:02 PM

Natural Gas Prices Propel Bank of Montreal Commodity Price Index to Record 
Level - Homeowners And Businesses Feeling The Bite

Duke Energy: Nuclear Stations Eclipse Company Records

U.S. Unit of Abb to Provide Tenaska Power Services CO. Energy Trading And 
Management System for Texas Market

Genesis Energy L.P. Announces Quarterly Distribution

Repeats: Energy Volume And Open Interest Totals-Jan 11

Progress, Warning in State Energy Fight

Daniel Weintraub: Not Enough Power in Davis' Energy Proposals

Capital Team Nears Key Tests on Power-Making System

Modesto Council Passes Over Energy-Crisis Resolution

For California Tech Companies, ONSITE Power Could Mean Grid 
Freedom"Electricity Crisis Need Not Drive Tech Industry Out of State," Says 
Sure Power CEO

Stage Three Electrical Emergency Declared; No Rotating Blackouts at This 
Time, But Outages May Be Imminent

NY Natural Gas: Sharply Lower on Warm Weather Forecasts

Top Energy Summaries - Thursday, January 11, 2001 - 12:03 PM

Duke Energy to Hold Conference Call Today at 2 P.M. ET

Energy Update/Los Angeles Department of Water And Power Daily Energy Update 
for Thursday, Jan. 11, 2001

Dominion's Nuclear Units Set New Generation Record in 2000

Electrical Isolationism: An Ayatollah-Style Solution to California's Energy 
Crisis

California's Mistakes Because the Golden State's Electricity Dilemma Isn't 
Related to True Utility Deregulation, There's No Lesson There to Establish A 
Connection with Georgia's Natural Gas Deregulation.

Washington Group Provides Engineering for Kinder Morgan Power Plants in 
Arkansas And Michigan

Maine Gets Power Rate Hearing

Green Mountain Energy Company Brings Cleaner And Renewable Energy to 
Connecticut CustomersNation's Leading "Green"

Energy Company Flips Switch on Connecticut Business And Introduces Innovative 
Customer Rewards Program

Panda Energy to Construct $400 Million Power Plant in West Point; $2. Million 
Added to Tax Base

Senior Citizens Unimpressed with Electricity Deregulation, According to Study 
by Power Perceptions

Top Energy Summaries - Thursday, January 11, 2001 - :12 Am

Entergy to Hold Press Conference to Discuss High Utility Bill Solutions

Top Energy Summaries - Thursday, January 11, 2001 - 7:44 Am

H Power Narrows Loss

Power Fees Put on Hold

Pud, Businesses to Look at Energy-Saving Option

PacifiCorp to Buy, Sell Wind Farm Electricity

Epoch Internet Eases Concerns for Businesses During California's Power Crisis

Texas Ripe for Competition in Electric Industry; `Stay The Course' According 
to New Study

High Natural Gas Prices Not Always a Drain

Potential Power Privatization Advisors Short-Listed

Natural Gas Cost to Go Up by 26%

Azcentral.com - California Power Talks Run On

Pinnacle West Rules Power-Unit Stake Out

California Governor Has New Role: Power Guy

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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

US Energy Secretary Richardson due in Riyadh Saturday

Kenya Power And Lighting Company Recovers Sh16 Million

Enters Final Stage of Selection Process for San Cristobal Power Supplier

Greenvolt Power Apppoints Supervisor of Research And Development; New 
Manufacturing Facility Being Prepared for Commercial Production of Alkaline 
Fuel Cell Unit

Indian Government: Ministry of Non-Conventional Energy Sources to Help 
Lucknow Generate 5 Mw Power from Garbage

Indian Government: Power Minister Lays Foundation Stone for Ntpc`S Ramagundam 
500 Mw Unit

Merger Sees Birth of Power Giant

Ebrd Mulls Over Russian Energy Plan

Nuclear Power Plant Use in S Korea Reaches Record High in 2000

Indonesia Begins Supplying Natural Gas to Singapore

Alstom Secures Power Contract

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

Officials Look to Wholesale Power Suppliers for Help in Energy Crisis

Experts Say California Electricity Debacle Won't Happen in Washington-Area

North Carolina's Duke Energy, Piedmont Gas Consider Joint-Working Agreements

German Energy Group Lines Up Bid for United Kingdom's Powergen

British Energy Regulator Seeks to Impose Conditions on Electricity Generators

California Utility Can't Pay Stockholder Dividend, May Cut Off Natural Gas

California Democrats to Propose Legislation to Overhaul Electricity System

West Hollywood, Calif., Considers Forming Public Utility

California Consumers May Not Heed Governor's Call to Conserve More Energy

California Governor Announces Budget Proposal for Electricity Industry Rescue

Meeting Yields `Progress' in California Electricity Crisis

Scientists' Electricity Research Culminates in Final Testing in Davis, Calif.

California Electric-Utility Bankruptcies Could Lead to Blackouts

Philadelphia-Area Residents Face Higher Heat Bills

Colorado Economist Addresses Impact of Rising Energy Costs

Industry Shares Soar After Sale of Idaho Utility to Investor Giant

Correction: Industry Shares Soar After Sale of Iowa Utility to Investor Giant

The Orange County Register, Calif., Jonathan Lansner Column

Closure of Nuclear Fuel Plant Doesn't Deter More Waste Sanitation

Arkansas Ice Storm Cruel to Poorly-Maintained Electric Lines

Federal Energy Regulators Retreat on Electric Price Increase in Massachusetts

Two Officials at Utility Group Scottishpower to Step Down in July

California, Federal Officials Attempt to Prevent Utility Company Crisis

California Examines Policy Options Amid Energy Crisis

Hydropower Threatens Nation's Rivers

California Electricity Crisis Threatens Natural Gas Supplies

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

UPDATE 2-Diablo Canyon plant hit by ocean swell delay

Calif. ISO declares stage 2 power emergency for Thurs.

Fitch may still cut Empire District Electric

S&P rates Tennessee Valley Authority bonds AAA

U.S. natural gas prices set record high in December

UPDATE 3-Talks try to map way out of Calif power mess

Ukraine aluminium plant sell-off stalled

UPDATE 1-Rain, winds batter California coast, knock out power

Mutual funds report exposure to Calif. utilities

Entergy Miss. files to sell mortgage bonds, debt securities

UPDATE 2-Calif. set to shut off power for up to 1.5 mln

UPDATE 1-California orders highest-level power emergency

Ameren to take Q4 charge, raises earnings estimate

UPDATE 1-Utility stocks suffer more losses in power crisis

Richardson sees possible delay in Calif power deal

Canada natgas tumbles on warm weather outlook

Power technology stocks rise on California concerns

UPDATE 1-Fed's Santomero-Calif. energy crisis a local problem

INTERVIEW-French power regulator wants prices to drop

UPDATE 1-Richardson says Calif power deal may take time

Portugal shares rise on telecoms, utility demand

UPDATE 1-U.S. deregulation spurs growth in energy services

UPDATE 1-PowerGen rated neutral, but bid hopes remain

UPDATE 2-NRC will not stop power rise at Indian Pt NY nuke

N.J. Sen. seeks hearings to review energy deregulation

World Bank blocks energy sector loan to Senegal

AEP buying 4,400-mile Texas pipeline from Enron

UPDATE 3-Diablo Canyon plant hit by ocean swell delay

PG&E utility unit to cut jobs, services to save $180 mln

UPDATE 1-US govt orders firms to sell electricity to Calif.

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New! Five additional RealVideo-based powerpoint-based presentations, with the 
accompanying audio. Running about 30 minutes each, the new selections include:

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 
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CIS and CRM technology. Energy Retailers must embrace the next evolution of 
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THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster 
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energy markets wrought by the web, and it's just beginning. Implecations of 
the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and 
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