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	Updated: May 15, 2001
	
	
	
	
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	Texas puts reliability  rules through paces
	The Texas Public Utility  Commission (PUC) recently approved new reliability 
rules for the  state's main power grid. The goal was to scrutinize rules 
governing  other deregulated markets to see how well they have worked and 
then  find the best route for the Electric Reliability Council of Texas  
(ERCOT).
	
	
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	Capital markets  love energy-related firms
	Energy companies dominate  stock offerings, IPOs
	
	Generators garner the most attention,  money
	
	Good times bound to end
	
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	Mollusks create mayhem  for power plants
	Costs high to fight zebra  mussels
	
	Authorities warn of other damaging  invaders
	
	
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	Gas use for power  generation leveled out in  2000
	Coal still fuel of  choice
	
	Value to balanced-fuel portfolio
	
	
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	Florida Power outlines benefits of lat year,s  merger
	go to full story...
	
	NSTAR files with FERC  for consumer protection order
	go to full story...
	
	CPUC set to approve  plan to repay state for power buys
	go to full story...
	
	London Electricity,s  bid for Seeboard rejected, reports say
	go to full story...
	
	Tennessee Gas  announces open season for ConneXion project
	go to full story...
	
	Avista names CEO Ely  as chairman
	go to full story... 
	
	Kerr-McGee announces $1.25B deal
	go to full story...
	
	Utility.com to refund  $70,000 to Pa. customers
	go to full story...
	
	Conoco to build $75M  gas-to-liquids demonstration plant
	go to full story...
	
	DPL to add 160 MW in  Ohio by 2002
	go to full story...
	
	
	To  view all of today's Executive News headlines, 
	click here 
	
	
	
	
	
	
	
	
	
	
	
	
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	, Copyright , 2001 - FT Energy, All Rights Reserved. "FT"  and "Financial 
Times" are trademarks of The Financial Times Ltd.  
	
	
	
	Market Brief
	
	Monday, May 14
	
	Stocks
	Close
	Change
	% Change
	DJIA
	10,877.33
	56.0 
	0.52%
	DJ 15 Util.
	391.04
	4.4 
	1.14%
	NASDAQ
	2,081.92
	(25.51)
	-1.21%
	S&P 500
	1,248.92
	3.3 
	0.26%
	
	
	
	
	Market Vols
	Close
	Change
	% Change
	AMEX (000)
	81,841
	(9,583.0)
	-10.48%
	NASDAQ (000)
	1,339,184
	(92,182.0)
	-6.44%
	NYSE (000)
	853,420
	(44,664.0)
	-4.97%
	
	
	
	
	Commodities
	Close
	Change
	% Change
	Crude Oil (Jun)
	28.81
	0.26 
	0.91%
	Heating Oil  (Jun)
	0.7525
	(0.008)
	-1.05%
	Nat. Gas (Henry)
	4.435
	0.157 
	3.67%
	Palo Verde (Jun)
	365.00
	0.00 
	0.00%
	COB (Jun)
	320.00
	(5.00)
	-1.54%
	PJM (Jun)
	62.00
	0.00 
	0.00%
	
	
	
	
	Dollar US $
	Close
	Change
	% Change
	Australia $ 
	1.927
	0.013 
	0.68%
	Canada $?  
	1.552
	0.001 
	0.06%
	Germany Dmark 
	2.237
	0.005 
	0.22%
	Euro? 
	0.8739
	(0.001)
	-0.16%
	Japan _en 
	123.30
	0.700 
	0.57%
	Mexico NP
	9.16
	(0.040)
	-0.43%
	UK Pound?  
	0.7044
	(0.0004)
	-0.06%
	
	
	
	
	Foreign Indices
	Close
	Change
	% Change
	Arg MerVal
	415.60
	(3.83)
	-0.91%
	Austr All Ord.
	3,319.20
	(7.10)
	-0.21%
	Braz Bovespa
	14236.94
	(256.26)
	-1.77%
	Can TSE 300 
	8010
	(13.67)
	-0.17%
	Germany DAX
	6064.68
	(76.34)
	-1.24%
	HK HangSeng
	13259.17
	(377.44)
	-2.77%
	Japan Nikkei 225 
	13873.02
	(170.90)
	-1.22%
	Mexico IPC 
	6042.03
	(68.33)
	-1.12%
	UK FTSE 100
	5,690.50
	(206.30)
	-3.50%
	
	
	
	
	
	
	Source:? Yahoo! &  TradingDay.com
	
	
		
		
		
		
		
		
		
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 - market briefs.xls