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

Top Stories (February 7)

DUKE ENERGY TO BUILD 6,000 MW OF NEW POWER CAPACITY
Duke Energy Corp.'s North American unit will build more than 6,000 megawatts 
of new power generation capacity in time for summer 2002 demand.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/07/eng-djn/eng-djn_114110_174_474750047084

CALPINE CONFIRMS $4.6B, 10-YEAR CALIFORNIA POWER SALES PACT
Calpine Corp. confirmed that it has received a 10-year power sales agreement 
valued at $4.6 billion from the state of California.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/07/eng-djn/eng-djn_124054_236_361002186313

US FERC UPHOLDS PROGRESS ENERGY MERGER IN RTO CHALLENGES
The U.S. Federal Energy Regulatory Commission Wednesday rejected challenges 
to its approval of the Progress Energy (PGN) merger.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/07/eng-djn/eng-djn_152059_123_842589142732

BUSH FACES POWER STRUGGLE IN DEVISING NATIONAL ENERGY PLAN
Not even a week into office, President Bush was faced with a possible 
domestic crisis: power outages, shortages and utility bankruptcies in the 
nation's most populous, financially powerful state.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/07/krtbn/0000-0439-TB-ENERGY

TULSA, OKLAHOMA-BASED ENERGY COMPANY RAISES $86 MILLION IN IPO
Shares of Williams Energy Partners LP rose 12.5 percent during the stock's 
first day of trading on the New York Stock Exchange.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/07/krtbn/0000-0460-TU-ENERGY

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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

S&P, Moody's: High Financial Hurdles For Calif Util Plan

EU Ecology Head: Implementing Current Laws Takes Priority

EU Concessions On EdF, EnBW Deal Seen Limited -Analysts

US FERC Upholds Progress Energy Merger In RTO Challenges

Kelda Unit Sells Connecticut Land For Between $90M-$98M

EU/EdF/EnbW -5:EnBW Says Link To Boost Competitiveness

Exelon:950-MW Clinton Up To 72% Pwr;Seen At 100% Pwr Thu

Duke Energy/New Power Generation 2:To Meet '02 Demand>DUK

Calpine/Calif. Pact -2: Delivery Starts Oct. 1 >CPN

Calpine Confirms $4.6B, 10-Yr Calif. Power Sales Pact

Duke Energy To Deliver Added 6,000 MW By Summer 2002

Duke Energy To Build 6,000 MW Of New Power Capacity

EU/EdF/EnbW -4: Deal Favors French Competition - EdF

India Min: Govt Likely To Pay Enron's Nov Bill - Report

Spain's Cantabrico Exec Committee Meets Wed Or Thu >E.HIC

Spain's Cantabrico Exec Committee To Meet Wed Or Thu

EU/EdF/EnbW -3: Indep Trustee To Monitor Capacity Sale

Philippine CBK Power Closes $383M Financing Facility

EU/EdF/EnbW -2: Conditional On Commitments By Cos

EU OKs EdF Buy Of Stake In EnbW

Enron Official:Wants India To Settle Guarantee In 30 Days

RWE Outbids EDP For Spain's Cantabrico; Winner Unclear

Cantabrico/Trade -2: Stk Halted Tue; Rose 4.1% In Mo

EDP, Cajastur Commited To EUR24/Shr Bid For Cantabrico

Cantabrico Resumes Trading, Up 6.3% at EUR25.45 >E.HIC

Glencore/Ulan -3: To Cut Mgmt, Staff Numbers >Z.GNC

Glencore/Ulan Coal Mine - 2: Price Not Disclosed >Z.GNC

Exxon Mobile Sells Ulan Stake, Mitusbishi Keeps 10%

Glencore Buys 90% Of Ulan Australian Coal Mine

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

Williams Forecasts Energy Financial Results to Grow 15-20 Percent Beyond 2001

Power Output in Utah May Need to Double

West Power Bills Squeeze Poor

Top Energy Summaries - Wednesday, February 07, 2001 - 5:05 PM

W-H Energy Edges Past Estimates

Piedmont Natural Gas Announces Payments by Phone

Energy Dept. Releases Coal Grants

Crisis Generates Move to Fire Up Power Plants Idle Electric Facilities in 
Grand Terrace And San Bernardino May Be Restored

Louis Dreyfus Natural Gas Announces Record Financial Results for 2000

Power Crisis Energizes Fuel-Cell Industry

Ontario Power Generation Posts Strong Results for 2000

One Utility No Longer Fits All

Gelcore Becomes First U.S. EPA Energy Star Partner for Energy-Efficient Led 
Traffic Signal Products

Caem's Red Index Shows Significant Progress on Electric Competition; 
Pennsylvania Leads Nation

CMS Energy's Marketing Unit Is First in Customer Satisfaction

Duke Energy Corp - Field Services Affiliate to Market Propane in Northeast

Demarco Energy Systems of America Inc - Amended OEM Agreement with Fhp, Now 
Controls Own Destiny

Pennsylvania Again Ranked No. 1 in Nation for Electric DeregulationPa 
Receives The Center for Advancement of Energy Markets'
`Red Carpet Award' for Leading Nation in Electric Competition

Northwest Energy Demand to Mean Less Water for Fish

Energy Update/Los Angeles Department of Water And Power Daily Energy Update 
for Wednesday, Feb. 7, 2001

Canada Not Key in Power Crisis

Gaz Metropolitain & Company LP - Exceptional Measure to Offset Impact of 
Increase in Price of - Natural Gas: Gaz Metropolitain to Refund $67 Million 
to Its - Customers

Duke Energy Corp - Addresses Demand for Electricity - 6,000 Megawatts to Be 
Delivered by Summer 2002

Top Energy Summaries - Wednesday, February 07, 2001 - 2:31 PM

Repeats: Energy Volume And Open Interest Totals-Feb 7

Cibc Initiates E&P Firms Brigham, Chesapeake Energy (Bexp)

Letters on Power Price Reflect Split in Opinions

Dan Walters: Secrecy Marks Power Buying

New Scramble for Power Starts: Suppliers May Bail Out as Mandate Ends

State Energy Accords Reached: Long-term Pacts May Drive Costs Down

Next: Utility Solvency -- a Settlement Wiser Than the Roulette of Courts and 
Initiatives

Demarco Energy Signs Amended OEM Agreement with Fhp, Now Controls Own Destiny

Wisconsin Energy Declares Quarterly Dividend

Playa Minerals And Energy, Inc. Becomes Vulcan Minerals & Energy, Inc.

Empiric Energy Inc - Reports Significant Production from Recent Well 
Completion!

Green Mountain Energy Company And Scholastic Inc. 'Power Up!' Local Schools

Biorelease Corp. And Electric Energy Storage Corp. Sign Letter of Intent

Rusty Braziel Steps Down As Chairman of AltraLeading Independent Energy 
Market Continues Growth As Online Marketplace Pioneer Pursues New Venture

Peoples Energy Raises Quarterly Dividend

World Bank: New Global Environment Facility Report Highlights Renewable 
Energy Markets in Developing Countries

Rti International Metals Announces New Orders for Energy Subsidiary

The Narragansett Electric Company Adds New Website Capabilities

Newfoundland Power Inc: Fortis Inc - Strong Results for 2000: to Apply to Pub 
to Rebate Customers

DTE Energy to Issue Securitization Bonds, Implement Rate Cut for Business 
Customers

Duke Energy Field Services Affiliate to Market Propane in Northeast

Triumph Energy Corp - Significant Increase in Net Asset Value Per Share - at 
December 31, 2000

Bruce Baldwin Named Vice President of CT Operations Department for Florida 
Power Corp. And CP&L

Survey Finds Area Businesses Concerned About Rising Energy Prices; Almost 
Half of Connecticut And Rhode Island Energy Managers Say Higher Prices Could 
Lead to Layoffs

Ubs Warburg Hosts Energy Conference

Report Calls for Construction of More Natural Gas Pipelines John McELHENNY, 
The Associated Press

Tired of High Electric And Natural Gas Bills? the New Power Company Offers 
Savings to Ohio Residents

Calpine Signs Long-Term Power Sales Agreement with State of California 
Department of Water ResourcesIndependent Power Producer Is One of Industry's 
First to Contract with Dwr

Kennecott Energy And Kfx Announce Improvements to K-Fuel Technology And 
Proceed with Commercialization Plans

State Power Program Brings Millions to Texas Public Schools As Seen in Energy 
Houston, Vol. 3 No. 2

The Energy Crunch / Calpine Profit Triples

California Gets One-Day Reprieve to Buy Power

State to Buy Power for Utilities at Below Market Rates

Energy Plan Would Reduce Building Hours / 4-Day Week for County Center

Some Worry About New Power Plants' Environmental Effects

Reid Bill Would Give Permanent Tax Credit for Renewable Energy

Pyr Energy Announces Commencement of Production at Deep California Natural 
Gas DiscoverySales of Natural Gas And Liquid Hydrocarbons Underway at East 
Lost Hills Field in San Joaquin Basin

Valley Utilities Cutting Back on Own Power Uses

Program Offers Utility Bill Help

County Eyes Own Source of Power

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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

Electric Woes Turn Area Into Third-World Power

Mirant Agrees to Buy 80% of Jamaica Utility - Jamaica

Finland Could Achieve Kyoto Goals without Nuclear Power - Report

Top Energy Summaries - Wednesday, February 07, 2001 - 12:23 PM

Japan: Mazda Executives Take Pay Cut; Company to Market Fuel-Cell Cars

Trade: India to Pay Power Bills in Controversial Power Deal

Future of Philippine economy hangs on stalled power reform bill

South Korean team in North Korea for talks on possible power aid

Europe clears Franco-German energy tie-up

'Instant Power Plant' Could Avert Rate Hike

Singapore Power, Pertamina to sign gas supply deal in Jakarta Feb 12

Indian Electrical Industry Shows No Signs of Recovery

PNOC-Energy Development Corp to seek 60 mln usd loan from JBIC: source

Russia, Belarus, Baltic States to CO-Ordinate Power Supply.

Power Consumption Hits New Highs in Sweden And Norway

General Electric in 10.5 bln baht Thai silicones jv with Shin-Etsu Chemical

Lee seeks fourth-generation Singapore leaders

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

The Columbian, Vancouver, Wash., Mike Rogoway Column

Tulsa, Okla.-Based Energy Company Raises $86 Million in IPO

Energy Utilities Ask Florida to Allow Rate Hike

Economy of Washington's Puget Sound Hurt Deeply by Energy Crisis

Bush Faces Power Struggle in Devising National Energy Plan

San Jose, Calif.-Based Power Company's Profit Up 240 Percent Over Last Year

California Legislature Urges Governor to License Power Plant

Texas Energy Company Thrives in California's Deregulated Atmosphere

Seattle-Area Utility Sues Largest Customers, Citing Power-Rate Woes

How Dry We Are: Power to Stay Tight in Washington State

President Bush Opposes Capping Power Rates in West

Environmentalists Expect to Win Fight Against Oregon Power Deregulation Plan

Dallas-Based Energy Company's Quarterly Earnings Rise 22.8 Percent

California Senate Leader Pursues Utility Assets

California May Seal Long-Term Power Purchase Deals Soon

Some New Jersey Residents Are Shocked by Commercial Account Gas Bills

Cold Weather Boosts Wisconsin Energy Company's Bottom Line

Wisconsin's Commitment to Electricity Conservation Still Declining

Kansas City, Mo., Power Company Drops Plans Merge Into Unregulated Unit

Houston-Based El Paso Energy Shortens Name, Changes Logo

Western Governors Agree to Short-Term Actions on Energy Crisis

Texas Legislators, Regulators Cautiously Endorse Electric Deregulation

Court Forces Power Company to Sell Electricity to California

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

UPDATE 1-Bidding on Spanish power firms may not be over

Atlanta's Mirant to buy Jamaican electricity supplier

UPDATE 1-Calpine to sell power to Calif for $4.6 bln over 10 yrs

Euro confusion shortchanges French power utility

Fitch cuts Edelnor ratings

UPDATE 1-Russia's UES, Baltics to synchronise power grids

Northeast Utilities files $600 mln shelf offering

Cinergy names Duncan to CFO post

Calif. battles to keep lights on without federal order

FEATURE-Examples aplenty for corporate restructuring

UPDATE 2-GE , Shin-Etsu to build Thai silicones plant

MCN shares tumble on concerns about DTE deal

UPDATE 1-DTE to issue bonds of $1.7 bln to recover costs

UPDATE 2-Brazil Furnas sees record 2000 profit

UPDATE 2-Kaiser Aluminum Q4 loss widens

Duke to add 6,000 MW of power generation by summer 2002

India to ask Enron to meet state govt over dues

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