The Energy Insight staff will be off New Year's Eve and New Year's Day. We'll be back in the office with news and analysis Jan. 2. Have a happy, safe New Year!
 
	


                        	                       Updated: Jan. 2, 2002                               [IMAGE]European power prices skyrocket  Coal suppliers have been scratching their heads, wondering why coal prices have stagnated, while power prices have skyrocketed over the past few weeks. While average power prices in Germany have nearly tripled during the past month, coal prices have been feeling the pinch.                                                                                                                                                                                                                                [IMAGE]A hard act to follow: the future for energy without Enron Corporation's fall creates leadership void  Failure will affect deregulation debate                                                          [IMAGE]Shedding light on power prices EU study shows end of price transparency  Denmark residential customers pay more  VAT impacts prices                                                          [IMAGE]A sci-fi twist in clean coal research Bioprocessing cleans impurities  Scientists create coal-adapted microbes                                                 Bush has had no contact with Enron's Lay [IMAGE]full story...  Industrial customers request look at NW Natural's acquisition of PGE [IMAGE]full story...  DOE to fund tight gas production projects [IMAGE]full story...  U.S. rig count up 5, Canada down 94 [IMAGE]full story...  California to help fund alternative fueling stations [IMAGE]full story...  Exelon Power Team to purchase power from 65-MW wind project [IMAGE]full story...  NSTAR fined $2 million for over-investing in subsidiary [IMAGE]full story...  Massachusetts approves utility rate cuts [IMAGE]full story...  SDG&E, Calif. agencies protest Duke's cost estimates [IMAGE]full story...  Wisconsin Public Service increases gas, electric rates [IMAGE]full story...  [IMAGE]To view all of today's Executive News headlines, [IMAGE]click here                              Copyright ? 2001 - Platts, All Rights Reserved      Market Brief  Friday, December 28  Stocks Close Change % Change DJIA 10,136.99 5.7  0.06% DJ 15 Util. 294.50 1.6  0.56% NASDAQ 1,987.27 10.91  0.55% S&P 500 1,161.01 3.9  0.34%     Market Vols Close Change % Change AMEX (000) 102,207 13,221.0  14.86% NASDAQ (000) 1,322,780 92,949.0  7.56% NYSE (000) 905,094 24,064.0  2.73%     Commodities Close Change % Change Crude Oil (Feb) 20.41 (0.49) -2.34% Heating Oil (Jan) 0.5665 (0.026) -4.42% Nat. Gas (Henry) 2.555 0.035  1.39% Propane (Jan) 34.00 0.25  0.74% Palo Verde (Feb) 24.75 (3.25) -11.61% COB (Feb) 24.75 (3.25) -11.61% PJM (Feb) 30.00 (1.15) -3.69%     Dollar US $ Close Change % Change Australia $  1.959 (0.011) -0.56% Canada $   1.59 (0.004) -0.25% Germany Dmark  2.21 (0.001) -0.05% Euro   0.8837 0.000  0.02% Japan ?en  131.0 (0.700) -0.53% Mexico NP 9.18 0.050  0.55% UK Pound   0.69 0.0015  0.22%     Foreign Indices Close Change % Change Arg MerVal 295.39 (25.07) -7.82% Austr All Ord. 3,363.80 9.10  0.27% Braz Bovespa 13577.57 (178.08) -1.29% Can TSE 300  7675.00 24.40  0.32% Germany DAX 5160.1 42.97  0.84% HK HangSeng 11431.59 72.09  0.63% Japan Nikkei 225  10542.62 85.01  0.81% Mexico IPC  6467.09 6371.84  0.82% UK FTSE 100 5,242.40 29.20  0.56%       Source:  Yahoo!, TradingDay.com and NYMEX.com   	                                	  	


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