Enron Mail

From:lorna.brennan@enron.com
To:courtney.barker@enron.com, eric.gadd@enron.com, kevin.hyatt@enron.com,john.millar@enron.com, michael.ratner@enron.com, glen.hass@enron.com, michael.loeffler@enron.com, lon.stanton@enron.com, rob.wilson@enron.com, john.dushinske@enron.com, bill.fowle
Subject:FW: Western Energy--Fundamentals and Regulations Change Outlooks -
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Date:Mon, 2 Jul 2001 07:11:58 -0700 (PDT)

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CERA's monthly briefing is on the Western Market for the rest of the summer and into winter. To print off, use the PDF version.
There are some hydroelectric projections in one of the tables that may be helpful, as well as electricity and electric price projections. Also, there are gas demand projections for the current quarter only. The last page reiterates the Candian supply situation that was discussed in last week's confrence call with CERA.

Lorna


Title: A Shifting Market Landscape
URL(s):
http://www20.cera.com/eprofile?u=35&;m=2527

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FUNDAMENTALS AND REGULATIONS CHANGE WESTERN ENERGY OUTLOOKS

Western energy markets are heading into summer with shifts in the fundamental
and regulatory environment. New forces will reduce pressures on prices and
reliability as the power peak builds.

* The June 19 FERC Order represents a strong dampener of power prices.

* Energy demand is off considerably on a year-over-year basis.

* Lower energy demand has contributed to an easing in natural gas prices in
California, but higher summer loads will likely bring higher gas prices.


**end**

Follow above URL for complete Monthly Briefing (9 printed pages).



E-mail Category: Monthly Briefing
CERA Knowledge Area(s): Western Energy


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