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

Top Stories (December 7)

CALIFORNIA DECLARES POWER EMERGENCY
California declared an unprecedented electricity alert Thursday after its 
overwhelmed power grid, crippled by idled power plants and scant supplies, 
struggled to meet demand.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
000/12/07/ao/0000-0810-calif-power-woes

CALIFORNIA-ISO PAYS $10M TOAVOID ROLLING BLACKOUTS WEDNESDAY
The California Independent System Operator paid about $10 million Wednesday 
for 1,000 megawatts of power from Powerex and still faced a massive deficit 
that threatened electricity reliability in the state, high-ranking market 
sources familiar with the ISO's operation told Dow Jones Newswires.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/07/eng-djn/eng-djn_020239_136_868360247463

PORTLAND, OREGON-BASED UTILITY GIANT PROPOSES RESTRUCTURING INTO EIGHT UNITS
Portland-based PacifiCorp wants to rearrange its multistate business into six 
individual electric utilities, a generation company and a transmission 
company, arguing that the sweeping changes better suit a deregulated industry.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/07/krtbn/0000-0359-PO-UTILITY

MASSACHUSETTS ELECTRIC COMPANIES ASK REGULATORS TO RAISE RATES
Following a Monday ruling allowing them to pass on fuel price hikes to their 
customers, NStar Electric and Massachusetts Electric asked state regulators 
yesterday to raise electric rates for 2 million businesses and homeowners by 
10 to 15 percent starting Jan. 1.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/07/krtbn/0000-0202-GL-ELECTRIC

EMPIRE SAYS JUDGE RECOMMENDS AGAINST UTILICORP MERGER PLAN
Empire District Electric Co. on Thursday said it received an order from the 
Administrative Law Judge (ALJ) of the Arkansas Public Service Commission 
recommending against the approval of the proposed merger plan with UtiliCorp 
United Inc.
http://207.32.82.57/news/ElectricPower/12_07_2000.reutr-story-N07647463.html

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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

Innogy/1H -5: Retail Division Grew 22% >IOG

International Pwr/1H -3: GBP25M Provision For China Exit

International Pwr/1H -4:Retained Earnings To Aid Growth

Innogy/1H -4: Telecoms, Finance With Partners >IOG

Innogy Says Considers Floating Regenesys Eventually

Innogy/1H -2: Earnings Per Share 8.0 Pence >NP

Innogy Plans Telecom, Financial Product By Spring 2001

Innogy/1H -3: Strong Performance In Core Areas >IOG

Innogy Wins US Contract For Regenysis Technology

Innogy Says FY Dividend Expected To Be 7.5 Pence

Innogy 1H Pretax Pft GBP120M, Up GBP18M

Innogy 1H Dividend 2.5 Pence Vs Nil

Innogy 1H Pretax Pft Seen Between GBP90M And GBP100M

Cal-ISO/$10 Mln -2: ISO Warns Of A Stage 3, Again

Cal-ISO Pays $10M To Avoid Rolling Blackouts Wed -Sources

NRC:Wis Elec 500-MW Pt Beach 2 Shut Dn;No Return Estimate

MAPP 50-MW On-Peak Fri Power Seen At $45.00/MWh

MAPP 50-MW On-Peak Fri Power Seen At $45-$47/MWh

US Midwest Power Prices Ease Slightly, But Remain Strong

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

California Declares Power Emergency

Stage Three Electrical Emergency Declared; Rotating Outages Not Required at 
This Time

Nymex Natural Gas Falls Back After Reaching $9

Consumers Energy Names John G. Russell Senior Vice President

Team Power / CP&L Teamwork Exercise Benefits Southport

Cominco Signs Power Swap Agreement

Energy Ventures Inc. Forms R&D Collaboration for Fuel Cell Program

The Empire District Electric Company Reports Arkansas' Administrative Law 
Judge Issues Order

SCE Issues Urgent Appeal for Conservation As Winter Power Crisis Extends to 
Fourth Consecutive Day

Safe & Energy Efficient Holiday Lighting Tips from Seattle City Light

Valeo Power Corporation Chooses Retx.Com for Retail Services

Web-Based Usource Announces New Strategic Partnerships to Expand Benefits of 
Utility Deregulation in Northeast Markets

Southwestern Energy Increases Hedge Position in 2001; Higher Commodity Prices 
Allow Company to Lock in Strong Cash Flow for 2001

Rochester, Minn. Public Util Electric Rev Bonds Rtd `a+' by Fitch

Proposed Power Facility to Serve Downtown Energy Needs

American Electric Power (Aep) Signs Contract with Peace SoftwarePeace 
Software's Experience, Functionality And Commitment Key to Aep's Decision

Power Facility Won't Be Built in Oakdale

Forecast Chills Utility Execs Arctic Express: Midteen Temperatures Could 
Bring Power Blackouts Next Week

Genesis Energy L.P. Unitholders Approve Proposed Restructuring And Genesis 
Energy L.L.C. Declares Special Distribution

Strategic Energy Joins Coalition of Companies Interested in Retail 
Competition in Texas

1st Rochdale And Touchstone Energy to Announce 'Green Apple' Renewable Energy 
Program to Alleviate New York's Overburdened Electric Grid

US Government Hamstrung in Face of High Natural Gas Prices

Flexibility Ranks Highest for Denver's Interim Managers; Survey Shows Earning 
Power Among Perks without Politics

Duke Energy CO Corp - Texas Eastern Announces Web-Based Contracting Process

Two Sempra Energy Resources Power Projects Gain Key Regulatory Approvals

San Francisco Bay Area's Largest Solar Facility DedicatedGreen Mountain Solar 
- Berkeley, Owned And Operated by GPU Solar, Online to Provide Cleaner 
Electricity to California Customers

Episcopal Power And Light Program Signs Up First Churches in San Diego to Use 
Cleaner Electricity from Green Mountain Energy CompanyProgram Promotes 
Church's Role in Addressing Global Warming

Environmental Protection Agency Engines Rated above 19 Kilowatts And New 
Land-Based Recreational Spark-Ignition Engines

Repeats: Energy Volume And Open Interest Totals-DEC 7

Allegheny Energy Solutions Expands Portfolio of Distributed Generation 
Products And Services to Include Solar Energy

Weekend Projects ; Web Site Walks You Through Energy Audit

Ugi Says Natural Gas Rates Here Are Up 9.8%

Pacific Gas And Electric Company CEO Urges Employees, Customers to Conserve 
Energy; Caiso Has Declared Fourth Straight Day of Stage 2 Emergencies

Power Plants Probed: Surprise Inspections Follow Warnings of Blackouts

Diana Griego Erwin: Hey, Power Guys, Let There Be Lights

Cypress Energy Inc - Files Intention to Renew Normal Course Issuer Bid

Rappleyea to Step Down from Power Authority Leadership

Coalbed And Coal Mine Methane Conference

Mitchell Energy Announces Second Bridgeport Plant Expansion

PSE&G to Cut Electric Bills by 2% Next Year

4th Straight Stage 2 Electrical Emergency Declared by California Independent 
System Operator

Detroit Edison's Electric Choice Program Completes Final Bid Phase

Shenandoah Energy Inc. Announces Additions to Senior Management

The Power Industry Is Set for A Revolution; Bear Stearns Releases A New 
Report Highlighting Investment Opportunities in Distributed Energy Services

Software Consulting Group Leads Exelon Energy to Integrated Billing 
Excellence; Software Consulting Group Converts All Customer Accounts for 
Exelon Energy

GPU Solar Announces Start-Up of Green Mountain Solar - Berkeley The Largest 
Solar Facility in The San Francisco Bay Area

-New York Mercantile Exchange To Amend Natural Gas Price Limit Rules

Allegheny Energy Declares Quarterly Dividend

Unisource Energy Offers Analyst And Investor Update Webcast And Conference 
Call

Powerlight Corporation Launches San Francisco Bay Area's Largest Solar Power 
SystemGreen Mountain Solar - Berkeley, Owned And Operated by GPU Solar Online 
with Power for Over 120 Homes

Reliant Energy Applies for Retail Electric Provider Certification

Powerlight Corporation Launches San Francisco Bay Area's Largest Solar Power 
System

New Retail Energy Transaction Hub Quick to Capture 24% of Ontario Market

Overload / Why the State Can't Keep Up with The Demand for Energy -- Even in 
December

Shell, Ing, Nuon, Jacobs Comprino Form Consortium for Wind Energy Contract

Top Energy Summaries - Thursday, December 07, 2000 - 9:02 Am

TVA Chooses Friedwire's Traffic Report to Monitor Wholesale Power Markets

Houston: Conoco Increases Permian Natural Gas Processing Capacity

Reilly Files Bill to Force Electric Rate Justification

Pedal Power - Plus

Energy It Editors to Release Two New Energy/Utility Industry Reports

Vestas Wind System Wins New Wind Turbines Order in the US

UN: Second Committee Approves Texts on UN Climate Change Convention, 
Preventing Corrupt Practices, Economies in Transition; Texts Also Approved on 
Habitat II, World Solar Programme, Poverty Eradication Decade, Economic And 
Social Council Report

New Jersey Department of Community Affairs, Public Service Electric & Gas 
Company And Fannie Mae Announce 'Cool Cities,' A New Urban Revitalization 
Effort in Seven New Jersey Cities

Arctic Front Makes NW Power Providers Question Resources

Electric Hybrid Buses on Way to Utah

Energy Drive by Council Staff

Nardelli Protege Called a Natural for GE Power Seat

Stockwatch: Johnson Electric Sharply Lower on Uncertain U.S. Outlook

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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

Teck Subsidiary Cominco Ltd. Signs Power Swap Agreement for US$86 Million

Japan Copyright Biz Equaling Electric Power Sector

Japan's Power Demand Slips 2.3 Pct in Oct.

Natural Gas Prices Expected to Stay Bloated for a Decade: 'Get Used to It'

Top Energy Summaries - Thursday, December 07, 2000 - 5:14 PM

Reliant Energy Completes Sale of Brazilian Interests

Ukraine Intends to Privatize All Coal Mines - Deputy Premier

Top Energy Summaries - Thursday, December 07, 2000 - 2:01 PM

Top Energy Summaries - Thursday, December 07, 2000 - 11:58 Am

EBRD conditionally approves loan for Ukraine nuclear power plants

Manhattan Scientifics Inc - Joint Development of Fuel Cell Bicycle with 
Leading Italian Company - First Step Toward Commercialization

Internet 'Hotel' to Build Own Power Plant

Power Bills Up 60p a Week

Manhattan Scientifics Announces Joint Development of Fuel Cell Bicycle with 
Leading Italian Company First Step Toward Commercialization

Uzbekistan Seeks to Help Nkorea to Re-Equip Nuclear Energy.

International Power PLC - Interim Results for The Six Months Ended 30 
September, 2000

UK Government: Liddell Starts the Wind of Change

Hong Kong electric utility buys stakes in Powergen portfolio

Power Firms Steam Ahead

Russia: Cause of Radioactive Contamination at Novovoronezh Power Station 
Traced

Clp Power Int'l to Buy Stakes in Powergen's Asia Pacific Ipp Portfolio

Mitsubishi Corp increases stake in Russia's Sakhalin Energy

Australia's Macquarie Generation Posts Higher Profit for Fy99

Indonesia Seeks Investors for Coal Liquification Project

Power Plant to Be Built for Website Host Centres

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

York County, Pa., Residents Prepare for Winter of High Utility Bills

Pennsylvania Public Utility Agency Seeks Public Input on Area Code Changes

Chicago-Area Group Criticizes Electric Firm for Its Offer to The State

Utah Power'S Oregon-Based Parent Asks to Set Up New Company

Energy Firm to Charge $1 If Residents Pay in Person at Minnesota Outlets

California Residents Asked to Limit Holiday Lighting Amid Electricity Shortage

Portland, Ore.-Based Utility Giant Proposes Restructuring Into Eight Units

Conversion of Florida Utility'S Stock Completes Acquisition by Carolina Power

Experts Expect California Energy Costs to Rise Next Year

California Electric Company Answers Questions About `Rolling Blackouts'

Utilities, Houston Disagree Over Plan to Restrict Street-Cutting for Repairs

Pennsylvania Utility Mediator to Hear Case from Easton

Massachusetts Electric Companies Ask Regulators to Raise Rates

Fort Wayne, Ind.-Area Residents Use More Gas for Heat During Cold Spell

California Officials Declare Power Emergency

California Governor Issues Electricity Plan

Energy Secretary Signs Document, Heralds History of Grand Junction, Utah

U.S. Energy Group Warns Home Heating Bills May Raise 50 Percent

-Wind Farms Fuel Next West Texas Energy Boom

-Carolina Power & Light7s Purchase of Florida Utility Faced Time, Cash Crunch

-Newly Combined North Carolina-Based Utility Picks New Name, Logo

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

Calif. regulator blocks Jan. 1 electricity rate boost

UPDATE 1-Sempra unit seeks emergency natgas price caps

Dominion third firm looking to buy Vermont nuke unit

Northeast Utility shares advance on merger approval

Empire says judge recommends against UtiliCorp merger plan

New Power on track to triple customer base

Columbia Falls to cut production, sell power to stay viable

NRC, AEP say Cook Mich. nuke moves into hot shutdown

ANALYSIS-Cleaner coal arrives, but will it become mainstream?

AES restarts 600 MW of Calif. power units

AES restarts 600 MW of Calif. power units

Con Ed to restart Indian Pt. 2 plant shortly-NRC

NYMEX says new natgas price limit rules start Friday

Wall Street sees upside for U.S. natural gas companies

Calif. orders power emergency Thurs. for fourth day

AES waives low stock price in Gener offer

UPDATE 1-NYMEX Jan natgas trade resumes after one hr halt

UPDATE 1-EBRD approves loans for Ukraine nuclear plants

NYMEX halts gas trade for one hr on limit-down price move

D) EBRD approves loans for Ukraine nuclear plants

Southern Co. increased offer priced at $28.50 shr

UPDATE 3-Innogy says H1 profit up 18 pct

NYMEX January natgas hits another high in ACCESS on cold

UPDATE 3-PowerGen sells Asia assets to CLP

ABB says wins $80 mln Mexico power transport order

UPDATE 1-UK's Intl Power sees 2001 earnings surge

CORRECTION - - UPDATE 2-BG shares dip at Q3, Elgin Frank

Yallourn gives CLP Australia launchpad

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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 
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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 
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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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