Deregulation sends EU energy prices soaring

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MAGE] [IMAGE] [IMAGE] Updated: Sept. 26, 2001 [IMAGE] [IM=
AGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Deregulation sends EU e=
nergy prices soaring Competition was supposed to result in lower energy bi=
lls for Europe's consumers. But, as the first anniversary for European Unio=
n (EU)-wide gas market deregulation draws near, all indications... [IMAGE=
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[IMAGE] [IMAGE] [IMAGE] Possible 'catalyst' for new nuclear pla=
nts introduced Firms trying to flesh out early siting process Existing si=
tes offer advantages [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [=
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Shell exits retail electricity marketing Major marketer opts out of O=
hio, Texas Slow deregulation pace hurts efforts [IMAGE] [IMAGE] [=
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[IMAGE] [IMAGE] [IMAGE] Water issues dog coalbed methane developm=
ent Environmental concerns move to forefront Slower pace of development mi=
ght assuage critics [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [I=
MAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] FERC denies=
PNW power refunds full story... Oil keeps falling on expectations of dem=
and decline full story... Congress considers beefing up SPR full story...=
CEC approves Metcalf Power Plant in San Jose full story... Green Mount=
ain Power donates to victim families full story... California files again=
st PG&E full story... BC Gas begins construction of corridor pipeline in =
Alberta full story... MidAmerican subsidiary completes tender offer for H=
omeServices.com full story... Mirant and Enel.FTL sign MOU to increase ga=
s operations in Europe full story... AEP files testimony with Texas PUC s=
upporting competition delay full story... To view all of today's Executiv=
e News headlines, click here [IMAGE] [IMAGE] [IMAGE] [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] Copyright ? 2001 - Platts, All Rights Res=
erved [IMAGE] Market Brief Tuesday, September 25 Stocks Close Change =
% Change DJIA 8,659.97 56.1 0.65% DJ 15 Util. 311.05 (2.9) -0.93% NASDAQ 1=
,501.64 2.23 0.15% S&P 500 1,011.55 8.8 0.88% Market Vols Close Chang=
e % Change AMEX (000) 171,433 (1,501.0) -0.87% NASDAQ (000) 2,183,201 136,4=
01.0 6.66% NYSE (000) 1,605,652 (130,661.0) -7.53% Commodities Close C=
hange % Change Crude Oil (Nov) 21.81 (0.20) -0.91% Heating Oil (Oct) 0.6176=
0.007 1.15% Nat. Gas (Henry) 1.93 0.020 1.05% Propane (Oct) 38.75 (0.800=
) -2.02% Palo Verde (Oct) 31.50 0.00 0.00% COB (Oct) 33.00 0.00 0.00% PJM=
(Oct) 29.70 0.00 0.00% Dollar US $ Close Change % Change Australia $ =
2.025 (0.011) -0.54% Canada $ 1.571 0.002 0.13% Germany Dmark 2.120 (0=
.018) -0.84% Euro 0.9230 0.007 0.74% Japan ?en 117.70 0.100 0.09% Mexi=
co NP 9.49 0.040 0.42% UK Pound 0.6801 (0.0038) -0.56% Foreign Indic=
es Close Change % Change Arg MerVal 243.92 (3.34) -1.35% Austr All Ord. 2,9=
04.50 37.10 1.29% Braz Bovespa 10229.05 (303.78) -2.88% Can TSE 300 6702.=
01 40.01 0.60% Germany DAX 4009.12 (29.57) -0.73% HK HangSeng 9210.06 (74.=
44) -0.80% Japan Nikkei 225 9693.97 138.98 1.45% Mexico IPC 5304.38 (20.=
73) -0.39% UK FTSE 100 4,663.40 49.50 1.07% Source: Yahoo! & Tradin=
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