Attention POWER REPORT Readers: Go to 
http://www.powermarketers.com/prdaily.htm to view today's edition with direct 
headline links to each story.]

======================================================================
The Industry's Preferred Source For Breaking Energy News And Information
http://www.powermarketers.com
----------------------------------------------------------------------
T H E P O W E R M A R K E T E R S .C O M P O W E R R E P O R T

Today's Headlines From POWERMARKETERS.COM

Subscriptions to The PowerMarketers.com Power Report are free - you will 
never be charged.

You may redistribute this e-mail without change. You may not redistribute 
stories.

To register for a free subscription, point your browser to: 
http://www.retailenergy.com/pma/dprreg.htm

************************************************************************

------Advertisement------

THE ENERGY INFO SOURCE TRANSMISSION REPORT (December 2000 Edition)
* Detailed Analysis of October 15th RTO and ISO Filings
* Transcos and Gridcos
* Maps of Transco and RTO areas
* Much, much more.
http://www.pmaconference.com/Transmission.pdf

FINANCIAL TIMES NORTH AMERICAN ELECTRIC POWER SYSTEM WALL MAP
Special Holiday Offer-- $100 Off if Ordered by New Years!
http://www.pmaconference.com/powermaps.pdf

************************************************************************
------Advertisement------

MANAGING THE RISK OF RETAIL OPERATIONS -- January 18-19, 2001, Orlando
http://www.pmaconference.com/retailrisk1.18.pdf

NUCLEAR ASSET DIVESTITURE -- Jan 30-Feb 1 , New Orleans
http://www.pmaconference.com/nuc-ebro.pdf

POWER MARKETS 2001 --MARCH 14-16, 2001 LAS VEGAS, NEVADA
>>>> Now Available: Exhibition Space and Sponsorships
http://www.pmaconference.com/0103Agenda.pdf

************************************************************************

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

Top Stories (December 19)

CALIFORNIA POWER OFFICIALS SEEK DEAL TO EASE POWER CRISIS
As power companies, marketers, utilities and regulators gather for a pivotal 
meeting to seek solutions to California's energy crisis, consumers have been 
left out in the cold.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/19/eng-djn/eng-djn_044039_28_1576429656707

EXELON COMPLETES 49% ACQUISITION OF SITHE ASSETS
Exelon Corp., a utility holding company recently formed by the merger of 
Unicom Corp. and Peco Energy Co., has completed its 49.9% acquisition in New 
York-based Sithe Energies, the companies said Tuesday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/19/eng-djn/eng-djn_130028_165_723318876699

PUBLIC SERVICE OF NEW MEXICO UNIT INVESTS $10M IN INTERNET SERVICES FIRM
Avistar Inc., a unit of Public Service Co. of New Mexico, acquired a 5% stake 
in MainStreet Networks, an Internet service provider based in Silicon Valley, 
for $10 million.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/19/eng-djn/eng-djn_142033_82_473346281331

PURCHASE OF MISSOURI POWER FIRM TO BE COMPLETED BY MONTH'S END
UtiliCorp United Inc. hopes to complete its purchase of St. Joseph Light & 
Power Co. by the end of the month.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/19/krtbn/0000-0275-KC-POWER

ENERGY COMPANY TO BUILD GENERATING FACILITY NEAR BUTTE, MONTANA
Continental Energy Services will close Friday on a 20-acre parcel of land on 
which the company intends to build a 500-megawatt, $300 million gas-fired 
generating facility.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/19/krtbn/0000-0061-BU-ENERGY

-BRITAIN'S CENTRICA TO ACQUIRE CONNECTICUT-BASED NATURAL GAS MARKETER
The shakeout in Georgia's deregulated natural-gas market continued Tuesday 
with plans to sell the No. 4 marketer to a British energy conglomerate.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/writersd
esk/2000/12/18/eng-powerm-000001/eng-powerm-000001_194105_32_0650942996144

THREE ENERGY COMPANIES ANNOUNCE NATURAL GAS EXPLORATION DEAL FOR FAR NORTH
The Canadian subsidiaries of three international oil companies announced a 
joint-venture deal Tuesday to explore for natural gas in the Mackenzie River 
Delta area of the Far North.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/canadian
p_eng/2000/12/19/eng-canadianp_business/eng-canadianp_business_201401_177_4724
67259504

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------

Access stories online at: 
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

PG&E, SCE Urges State To Up Elec Rates By 30% - Source

Grps Ask FERC For Conference On Pwr Pricing Between RTOs

UIL Hldgs Outlook -3: Sees '01 EPS At High End Of Range

Desert STAR -2: Sees Need To Delay Start Up One Year

Calpine Buys Power Systems Mfg For About $43M >CPN

UIL Hldgs -2: Sees Seabrook Outage Costing 65c/Shr

Desert STAR Seeks RTO Filing Delay; Start Seen Late '02

UIL Holdings Affirms 2001 Net Estimate $4.05-$4.25/Shr

UIL Holdings Cut 2000 Net View To $4.05-$4.15/Share >UIL

Idaho PUC Accepts Idaho Power Plan To Buy 250 MW By 2004

US DOE Chief, Western Governors To Meet Wed For Pwr Talks

AEP Changes Emissions Control Plan For Ohio Power Plant

Fortis/N.Y. Stations -2: Terms Weren't Disclosed >T.FTS

Public Svc Of N.M. Unit Invests $10M In Internet Svcs Firm

Fortis Inc. Unit Buys 2 N.Y. State Generating Stations

Exelon Completes 49% Acquisition Of Sithe Assets

Emera, Bangor Hydro Get Maine OK For Combination >T.EMA

Future Of Calif. Power Exchange Relies On Utilities

Calif Gov: So Cal Edison May Not Make It Through Week-TV

INTERVIEW: E.On Struggling To Find Its Feet After Merger

California Power Officials Seek Deal To Ease Power Crisis

Calpine/PG&E Project -2: To Sell Power To Calif. Market

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.

----------------------------------------------------------------------
N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-nat.htm

Three Energy Companies Announce Natural Gas Exploration Deal for Far North

LA Dwp: A Cut above The Rest in Protecting City's Urban Forests; Dwp Receives 
National Honors for Trimming Trees Around Power Lines

Molex Presents Power Plant Plans to Lisle Leaders

Progress Made on California Power

California ISO Invokes Federal Power Order; Resource And Transmission 
Problems Prompt Action

NCPA Calls Department of Interior's Decision to Reduce Flow on Trinity River 
'Irresponsible;' Rod Based on 'Bad Science,' Could Aggravate State's Energy 
Crisis

San Diego Gas & Electric Files $800m Debt Shelf (Sre)

Top Energy Summaries - Tuesday, December 19, 2000 - 5:56 PM

Orient Power Selects Oracle(R) E-Business Suite to Integrate Back Office

This Energy Crisis Can't Be Ignored

Power Rate to Rise Only 43% Surcharge: Council to Vote on Temporary Relief 
for Utility

Fpl Offers Customer Tips for Safe, Winter-Wise Electric Service

MEXICO PLANS 6-YEAR, $30-BILLION INVESTMENT IN POWER SECTOR

National Water & Power Announces Record Year

Environmental Elements Corp. to Install Three Large Aod Units at Ohio Power 
Plant Operated by American Electric Power CO., Inc.

Maine Firms Face Surge in Electric Rates

Businesses May Switch Providers Electric Choice Opens

Calpine Acquires Power Systems Mfg. LlcStrategic Acquisition Strengthens 
Company's Turbine Maintenance Operations

Cal-ISO Declares Stage 2 Emergency, Calls for Power Conservation

High Energy Use Is Cold Fact

Southern Energy Completes Purchase of Power Plants Serving D.C. Area

Pepco Completes Sale of Power Plants

Power Authority Trustees Approve Purchase of 26,000 'Super Efficient' 
Refrigerators

Duke Energy: Oconee Nuclear Station Establishes New Reliability Record

Website Hosts to Build Their Own Power Plant

Repeats: Energy Volume And Open Interest Totals-DEC 19

Top Energy Summaries - Tuesday, December 19, 2000 - 2:31 PM

Questar Outlines Aggressive Capital Spending Plans for 2001Company Says 
'Unprecedented Demand' for Natural Gas Services Drives Plan, Creates 
Confidence for 'Meeting Or Exceeding' 2000 EPS Estimates

Protests Over Harassment of National Electric Power Authority Officials

State to Further Offset High Energy Costs for Low-Income Households

Babcock & Wilcox to Conduct Testing of Mercury Removal Technology at 
Coal-Fired Power Plants

Power Boss Defies Critics

Power Trust

California ISO Issues Stage Two Electrical Emergency; Transmission Outage 
Limits Power to Northern California

General Electric CO - Shelly Lazarus Joins GE Board of Directors

Union Gas Ltd - Natural Gas Prices Continue to Rise on North American Markets

Natural Gas Prices Continue to Rise on North American MarketsUnion Gas 
Receives Approval for 6-7% Rate Increase

Spire Energy Commissions Sedalia Gas Processing Facility And Increases 
Natural Gas Production to 15 Million Cubic Feet Per Day

Beacon Power Corporation Raises An Additional Approximately $6.7 Million 
Through Exercise of Over-Allotment Option

Promax Energy Inc - Facilities Expansion

Duke Energy CO Corp - Oconee Nuclear Station Establishes New Reliability 
Record

Consumers Likely to Turn to Power Companies for Winter Heating Help

Ameren Abacus 2.0 -- An Enhanced Energy Management Tool -- Offers Faster 
Reporting, Increased Functionality

Bridge Outlook 2001: US West Power, Natgas Prices... - Part 2

Bridge Outlook 2001: US West Power, Natgas Prices Seen Strong

Consol Energy Names Vice President for International Business Development

Wastemasters Inc. Subsidiary Retains Engineeering Firm of Coal-Tec Inc.

Cbi's 5th Annual Profit from Merchant Plants; Develop The Optimal Generation 
Portfolio And Extract Maximum Value from Your Assets

Alliance to Save Energy Offers Everything You Ever Wanted to Know About 
Energy Prices, Electricity Reliability But Were Afraid to Ask

CMS Viron Receives Energy Performance Contract from Valparaiso University

Cbi's 3rd Annual Electric Asset Valuation; Value Assets, Options And 
Portfolios Based on Risk, Cost, Competition And Regulation

Full: Allegheny Energy Backs $2.80-$2.90 Shr Net View

Hefty Price of Natural Gas Not Yet Unbearable

Jan Van Egteren Joins Lukens Energy Group And Establishes Firm's Canadian 
Office

Plug Power Inc. Names Roger B. Saillant President & Chief Executive Officer

Progress Sonicmq Selected by GE Global Exchange Services to Power 
Next-Generation Integration ProductsLeading B2b E-

Commerce Provider Chooses E-Business Messaging Server for Expedited Data 
Integration

Empire Energy Corporation Names New President

NATURAL GAS DEMAND IN MEXICO TO GROW 160 PERCENT IN NINE YEARS

Power Cuts Leave Residents Fuming

Utilities Want Rates to Increase About 20% / Utilities, State Wrangling Over 
Rate Hikes for Power

Berkeley Urged to Seize Power / Proposal to Control City's Electricity Before 
Council

Hedong Energy Inc - Amended Notice of Annual General Meeting And Notice of 
Special - Meeting of Shareholders

Management`S Discussions: 10-K405, Integrated Electrical Services Inc 5 of 5

Management`S Discussions: 10-K405, Integrated Electrical Services Inc 1 of 5

Management`S Discussions: 10-K405, Integrated Electrical Services Inc 3 of 5

Management`S Discussions: 10-K405, Integrated Electrical Services Inc 4 of 5

Auragen Assigned the California Multiple Award Schedule; Also Featured in 
Recent Publications for U.S. Special Operations Command And The Gilder 
Digital Power Report

Top Energy Summaries - Tuesday, December 19, 2000 - 8:12 Am

Calif. Power Officials Seek Deal

Lowermybills.Com Helps Ohio Residents Save Up to 20 Percent on Utility Bills

Regulators Ok Request by Utility

Rdi Forecasts 100 Million Tons of Growth in Coal Consumption

Energy Chief Tries to Avert Blackouts Richardson Takes Steps to Keep Power 
Streaming to California

Gas And Electric Rates on the Rise Again

Letters from Our Readers ; California Power A Catch 22

Insulation, Equipment Aid Energy Efficiency

Compromise Sought on Phone Service from Power Cos.

California Power Troubles LandElectric Corps. on CreditWatch

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Energy Shackles

Japan's Large-Lot Power Demand Up 2.8 Pct in Nov.

Power supplies boosted in Nigeria over Christmas: govt

Austria Continues to Block Energy Chapter in Czech EU Bid

S Korea's Hyosung to Be Biggest Provider in North Power Scheme

Norsk Hydro And Delta Nutsbedrijven to Build And Operate Dutch Gas Power Plant

Doreal Energy Corp - $750,000 Loan

Top Energy Summaries - Tuesday, December 19, 2000 - 12:02 PM

Cbi's 6th Annual Brazil Energy 2001; Status of Regulations And Electric And 
Gas Markets, Opportunities in Privatization And Development

Indian Government: Sino-Indian CO-Operation in Renewable Energy

Brocker's Online Billing Solution Enables Power Company to Offer Discount 
Prepaid Cell Phone Service to Customers

Italian Energy Chief Comments on Russian Gas Projects

Structure Consulting Group And Caminus Expand Relationship to Cover European 
Energy Market

3 Trading Houses to Run E-Commerce Site for Coal Trading

Fuelwood Accounts for 80 Percent of Energy Supply in Drc

Russia: India to Get $3 Bn Loan for Atomic Power Unit

World Trade in Coal to Rise Slightly in 2001: Australian Report

Disaster Seldom Far Away in Chaotic And Poorly Regulated Coal Mines

World Bank Procurement - China, Power Supply for Arc Furnaces

World Bank Procurement - Bangladesh, Power Project

Hitachi, Asia Projects to set up Singapore thermal power plant maintenance jv

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

High Energy Use in Oklahoma Is Cold Fact This Winter

California Officials Take Steps to Reduce Cost of Electricity

California's Power Woes Spill Over Into Seattle Area

Bankruptcy Not Imminent for California Energy Utility

California Energy Crisis Worsens As Nearby States Refuse to Share Power

Federal Officials Put Some Electricity under California'S Control

Northwest Power Rates Go Higher As Energy Crisis Grows

The Seattle Times Economic Memo Column

Proposed Martinsville, VA., Power Plant Would Rejuvenate Area Economy

Oregon Governor Addresses Regional Electricity Shortage Problem

California Natural Gas Prices Manipulated, Lawsuit Claims

Spent Fuel Rods Missing from Waterford, Conn., Nuclear Power Plant

Horry County, S.C., Begins Project Using Garbage to Generate Electricity

Atlanta Gas, Light Utility Plans More Cleanup Projects in Macon, GA.

Lack of Hedging Program Could Cost Missouri Utility's Customers Millions

Purchase of Missouri Power Firm to Be Completed by Month's End

North Carolina Cities' Electricity Trade Group Names Board Member

Consultants Express Interest in Merging High Point, N.C.-Area Electric Systems

Australia Centers on Renewable Energy

Columbia, Mo.-Area Power Officials at Ease Over Electricity Supply

Analysts Link California Energy Crisis to Last-Minute Utility Purchases

California Lawmakers Ask Federal Government to Investigate Utility Prices

California Energy Companies Want Consumers to Pay Higher Prices

California Energy Company Pays Fine for Building Unapproved Transmission Line

Energy Company to Build Generating Facility Near Butte, Mont.

Philadelphia-Based Company Loses Appeal of DOE Contract Award

New York Public Service Commission Pushes for Energy Cost Caps on Producers

-St. Petersburg, Fla.-Area Natural Gas Customers to See Increase in Bills

-Britain's Centrica to Acquire Connecticut-Based Natural Gas Marketer

-Knoxville, Tenn., Utility Consumers Feel Crisp Impact of Winter on Heat Bills

-High Natural Gas Prices Boost Two Oklahoma Energy Stocks

-Florida Utility Panel's Staff Supports New Power Plant, Refund to Customers

-Georgia Power Co.7s New Diversity Initiative Includes Pay Review, Training

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

Calif. lawmakers mull public ownership of power plants

UPDATE 2: U.S. seeks fix for California power crisis

UPDATE 1-Sempra Energy, unit file shelves for $1.8 bln

U.S. FERC chief Hoecker reappointed by Clinton

UPDATE 1-U.S. meeting on Calif. power crisis extended

Duke Energy files $2 bln shelf in preferred securities

Sempra Energy files shelf for $1 bln in debt, equity

UIL says Seabrook nuclear plant outages to hit 2000 earnings

Pepco names new financial chief, closes power sale

San Diego Gas & Electric files $800 mln debt shelf

Calif. calls grid emergency due to loss of power line

Richardson to meet with western governors on power crisis

UPDATE 1-PG&E warns it can't fund power purchases, stock falls

UPDATE 1-Allegheny Energy sees earnings in line with forecast

S&P affirms Azurix BB-plus debt rtg, oulook stable

Canadian 88 sets C$121 million spending budget

Ukraine energy sector to survive Chernobyl closure

US energy secretary warns of Calif utility cash crunch

PowerGen trading in line with expectations

Plug Power names Saillant president, chief executive

International Power shares up on Hubco

LME electronic trade on target for early 2001 launch

Quanta Services sees better-than-expected 2001 earnings

*********************************************************
NEW on the POWERMARKETERS.COM TRAINING PAGE
*********************************************************
Access all online presentations at: http://www.pmaconference.com

New! Now you can choose to stream the presentation immediately over the web, 
or download it to your computer for later viewing-- Free!

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 
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 
Officer, Peace Software.

THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster 
execution, reduced transaction costs, increased number and frequency of 
transactions and increased specialization are just some of the changes to 
energy markets wrought by the web, and it's just beginning. Implecations of 
the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and 
Director, Altra Energy Technologies.

Access all online presentations at: http://www.pmaconference.com

****************************************
THE PowerMarketers.com ENERGYYELLOWPAGES
****************************************
http://www.energyyellowpages.net

Where to go when you're looking for:
Billing Systems, Brokers, Call Centers, Coal Marketers, Computers &
Networks, Conference Houses, Energy Management, Engineering Services,
Environmental Services, Exchanges & Clearing Houses, Executive Search
Services, Financial Services, Gas Marketers, Information Services, Internet
Services, Legal Services, Management Consulting , Marketing, Meters, Power
Marketers, Powerplant Development, Powerplant Equipment, Risk Management,
Sales, Software, Trade Associations, Training, Weather Services and more!
Check it out today! http://www.energyyellowpages.net/

----------------------------------------------------------------------
OTHER NEWS & INFORMATION FEATURES ON POWERMARKETERS.COM
----------------------------------------------------------------------

PRICEWATERHOUSECOOPERS NEXT-DAY POWERTRAX ELECTRIC PRICE INDEX:
Access online at: http://www.powermarketers.com/p-trax.htm

ELECTRICITY SPOT PRICES:
Access online at: http://www2.dtnergy.com/pma/btu.plx

ELECTRICITY FUTURES PRICES:
Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.quotes.cfm

NATURAL GAS FUTURES PRICES:
Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.gas.quotes.cfm

THE PowerMarketers.com JobSite:
Access online at: http://www.powermarketers.com/pmajobs.htm
A daily visit to "The PMA Jobs Site" at 
http://www.powermarketers.com/pmajobs.htm connects you to a wealth of power 
industry opportunities that could supercharge your career!
PMA ONLINE MAGAZINE: Access online at: http://www.retailenergy.com/pmamag.htm

News releases may be submitted to The PowerMarketers.com Power Report via 
e-mail to news@powermarketers.com

Copyright 2000 by PowerMarketers.com: http://www.powermarketers.com/

The PowerMarketers.com Power Report is a complimentary service of The Power 
Marketing Association. Headlines are copyrighted by their respective 
services: Reuters, Knight-Ridder, and others.

Subscriptions to the PowerMarketers.com Power Report are free - you will 
never be charged. You may redistribute this e-mail without change. You may 
not redistribute stories. To register for a free subscription, point your 
browser to: http://www.retailenergy.com/pma/dprreg.htm

TO UNSUBSCRIBE OR CHANGE your subscription, (1) point your browser to "The 
PMA OnLine Power Report" subscription services form at 
http://www.retailenergy.com/pma/dprreg.htm

OR

(2) , send a message to pma@powermarketers.com. Include "unsubscribe" in the 
subject and include your name and email address for confirmation.