GOING TWICE: Sharpening the Pencils

The UTILICON E-Newsletter
Issue 22, Friday 02 March 2001
___________________________________________________

Welcome to this week=01,s edition of the UTILICON e-newsletter, delivering =
the=20
week=01,s breaking news to customers, suppliers and professionals in the ut=
ility=20
industry.

This week log on to view the second article in this series from Chris=20
Nichols. Over the coming weeks, Chris argues that the traditional power=20
utility faces a new wave of pressures that will result in a redefinition of=
=20
the entire industry.

He argues over the coming weeks that the industry is:

 Going, by way of consolidation - as today's predators devour the r=
est
 Going, by way of specialization, as over the next decade strategic=
=20
specialists wipe out traditional organizational types
 Going, as a trinity of forces drive a reinvention of even today's=
=20
most advanced utility players

And finally, gone, through a fundamental restructuring of the power industr=
y=20
value chain by 2020 as these forces sweep through the global industry.

Also don=01,t forget to take a look at our jobs page, there are new jobs be=
ing=20
lodged daily!!

Zoe Ayliffe, Editor On-line Communications

FEATURE:

GOING TWICE: Sharpening the Pencils
The second article in the series presented by Chris Nichols, Ashridge=20
Management Centre, UK discusses consolidation and transaction investment in=
=20
the utility sector
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2709&TCode=3DFT

VIDEO INTERVIEW:

ARE UTILITIES GETTING SMARTER?:
Chris Nichols discusses how the sector is responding to the fundamental=20
changes sweeping the industry.=20
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D14&;AID=3D2716&SCID=3D&TCo=
de=3DTV&SPE
ED=3DDown

BREAKING NEWS:

AGL ANNOUNCES MELBOURNE GENERATOR
AGL has announced plans to build a 150MW power station at Somerton in=20
Melbourne=01,s north-west.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2710&TCode=3DNW

BIG BOOST TO ORIGIN PROFIT
Origin Energy has announced a half-yearly profit after tax of $49.5 million=
,=20
a 77% increase on the pre-abnormals profit for the previous corresponding=
=20
period.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2711&TCode=3DNW

VODAFONE WINS HIGHWAY=01,S CONTRACT
Continuous mobile phone coverage along 9 425 km of 11
of Australia=01,s major highways has moved a step closer with the announcem=
ent=20
that Vodafone has been selected as the preferred tenderer.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2712&TCode=3DNW

ARE YOU RECRUITING?
The new-look industry portal http://www.utilicon.com.au now
features a recruitment section devoted to career opportunities in the utili=
ty=20
sector.

FREE TRIAL! Simply register as a recruiter, on
http://www.utilicon.com.au/Tmpl/registerRecruit.asp?CID=3D1 and post your=
=20
vacancies now to access a unique pool of industry experts.

INDUSTRY NEWS:

NEW TAX CALL FOR WATER
The Federal Government must consider imposing a new levy to fund a massive=
=20
national program to ensure the ongoing health of Australia=01,s crucial wat=
er=20
catchments, according to a bipartisan parliamentary report released in=20
Canberra.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2645&TCode=3DNW

HUTCHISON REPORTS $92 MILLION
Hutchison Telecommunications has reported a net loss for the year 2000 of $=
92=20
million.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2695&TCode=3DNW

OROGEN LOOKS FOR ACTION ON PIPELINE
Orogen Minerals Limited says it is looking for renewed impetus in=20
negotiations for PNG gas supply contracts with the Queensland=20
government-owned corporations, following the recent state election.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2647&TCode=3DNW

LEASES GIVEN FOR GEOTHERMAL ENERGY
Oil prospector Beach Petroleum NL says its entry into the field of geotherm=
al=20
energy is a sensible commercial extension of the Company=01,s oil and gas=
=20
investment in the Cooper Basin.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2648&TCode=3DNW

NEMMCO BUDGET FORECAST
NEMMCO is forecasting that its full year spending this financial year will =
be=20
within budget, based on results to date.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2641&TCode=3DNW

WATER AGREEMENT SIGNED IN SA
SA Premier John Olsen and Federal Environment Minister Robert Hill have=20
signed the inter-government agreement designed to tackle salinity and water=
=20
quality problems in the Murray Darling Basin.
http://www.utilicon.com.au/Tmpl/article.asp?CID=3D11&;AID=3D2640&TCode=3DNW

FOR YOUR DAILY NEWS FIX:
Check the Portal every day for the latest in breaking news!

UPCOMING EVENTS

CONFERENCES:

Tasmania Power (1-2 May 2001)
The Basslink cable and Duke Energy gas pipeline projects continues to=20
dominate power industry news! Increasing importance is being placed on=20
cogeneration, green and renewable energy. It's a sector positively burstin=
g=20
with change, ripe for competition and laden with opportunity! Close to 100=
=20
power executive delegates attended the 2nd Annual Tasmania Power conference=
=20
in May 2001. You cannot afford to miss out on the great marketing networki=
ng=20
and marketing opportunities Tasmania Power 2001 offers. contact=20
mailto:dominic.tam@terrapinn.com
http://www.utilicon.com.au/taspower2001aus/

Queensland Power (22-23 May 2001)
Remarkable developments in the both the gas and electricity industries in=
=20
Queensland make this state the one to watch. Gas-on-gas, and=20
gas-on-electricity competition is creating a lot of attention in Queensland=
. =20
How will the fledgling gas market develop and what is the appetite for=20
natural gas? Join key industry players at the 5th Annual Queensland Power=
=20
Conference, 21-23 May 2001 at Sheraton Hotel and Towers.
contact mailto:dominic.tam@terrapinn.com
http://www.utilicon.com.au/qldpower2001aus/

WA Power (28-29 June 2001)
It's all happening in WA!! While the gas industry awaits the outcome of=20
Shell's bid to become THE big state player, Government attempts to juggle i=
ts=20
commitment to popular projects with the wider need to boost growth in the=
=20
sector. Green and renewable sources of energy, including formative tidal a=
nd=20
solar propositions, struggle for priority ratings alongside the expansion o=
f=20
LPG and LNG processing. The largest state certainly does not do things by=
=20
half! Contact mailto:dominic.tam@terrapinn.com =20
http://www.utilicon.com.au/wapower2001aus/

CONFERENCE AND EXHIBITIONS

UTILICON New Zealand 2001
With a high level plenary and three tightly focused industry streams, the k=
ey=20
decision-makers from the electricity, water, oil and gas industries will be=
=20
at UTILICON NZ, 12-14 March 2001, Auckland. For more information contact:
mailto:sally.deswart@terrapinn.com
http://www.utilicon.com.au/utilicon_nz_2001/

UTILICON Australia 2001
Featuring a plenary focussing on issues common to electricity, gas and wate=
r=20
industries, this key utilities event encompasses the 12th Annual National=
=20
Power, 6th Annual National Water, 5th Annual National Gas conferences plus =
a=20
tradeshow of over 60 exhibitors. UTILICON 2001 is the largest convention of=
=20
its kind in the region. 24-26 July 2001 at the Melbourne Convention Centre.=
=20
For more information contact: mailto:sally.deswart@terrapinn.com
http://www.utilicon.com.au/utilicon_au_2001/

CABLING WORLD Australia 2001
Sydney Convention and Exhibition Centre, 4 - 6 June 2001 - the inaugural=20
conference and exhibition dedicated to Australia's booming network=20
communications and cabling infrastructure market. A highly focused three-da=
y=20
programme covering all the major issues for cabling industry professionals
For more information contact - mailto:megan.mcgill@terrapinn.com
http://www.cabling-world.com/cabling_AUS2001

=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01=
(=01(=01(=01(=01(=01(=01(=01(=01(

Please forward any comments, queries or submissions to
mailto:zoe.ayliffe@terrapinn.com

We adhere to a =01&no spam=018 policy; if you wish to be deleted from this =
mailing=20
list, click here: http://www.utilicon.com.au/Tmpl/register.asp?ID=3D5&;CI=
D=3D11

, 2000 Terrapinn Pty Ltd
=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01(=01=
(=01(=01(=01(=01(=01(