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Subject:2 March 2001: Crisis and Opportunity Update
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Date:Thu, 1 Mar 2001 11:32:00 -0800 (PST)

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CRISIS... AND OPPORTUNITY?
Power Markets 2001

March 14-16 | Aladdin Hotel | Las Vegas


Click here to view?
CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf

[IMAGE]

March 2, 2001:
Crisis and Opportunity Update

Join the Power Marketing Association at its annual spring meeting to discuss
the issues: ?California: What's in store for the summer? ?Gas Price
Volatility-- Why? ?Power Market Risks-- Explained; The Texas Retail Market--
Will it Work?; ?New Powerplants-- How big is the opportunity? Credit Risk--
How to manage it; Real Prices-- is the retail market ready to live without
price caps? ; Weather risk-- is it a market yet?; Transmission constraints--
are they completely intractable?; Provider of Last Resort-- is this a dumping
ground? The web-- what's real, what isn't-- beyond the hype; Retail billing--
Getting it right before you're bankrupt; Powerline Telecom-- The next big
thing?; Rolling Blackouts-- ?Peak shaving?; Distributed Generation-- Has the
time come?; Coal- fuel of the future-- and present. ?and ?Where is your
career going? ??There are already hundreds of registrants. ?Join us!

Here are some stories from the past couple of days on the PMA website,
powermarketers.com. ??Energy is moving to center stage in national policy
again. ?Get the latest-- click on the stories below, and click on our
conference brochure. ?See you in Vegas!

REPUBLICANS UNVEIL ENERGY PLAN CHOCK-FULL OF TAX INCENTIVES
Sen. Frank Murkowski, R-Alaska, chief architect of the National Energy
Security Act of 2001, unveiled a mega-bill Monday packed with tax incentives
for every sector of energy generation, including coal and nuclear power, oil
and gas drilling and clean energy technology, such as solar and wind power.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/courierp
ress/2001/02/27/eng-courierpress_news/eng-courierpress_news_131343_74_72174061
69511

Alliance of Energy Suppliers Identifies Near Term Challenges, Opportunities
for Nation's Power Market
"We see a market where demand will continue to grow at an unprecedented rate.
We see a market where 90 percent of current capacity will need to be replaced
by 2015. And we see a market where consolidation trends will continue
unabated. Criteria different from today's will determine success in this
future market. What won't change is the need to understand your competitive
position, as well as manage your risk."
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/28/pr/0000-1464-dc-eei-alliance-enrgy

Prominent Tech Business Leaders Call for National Energy Reliability
Initiative
Leading energy associations and Fortune 500 companies have delivered a letter
to Capitol Hill appropriations committees proposing that the U.S. Department
of Energy create a $320 million National Energy Reliability Initiative for
the 2002 fiscal year, specifically focused on the energy needs of the
high-tech industry.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/business
wire/2001/02/27/BW/2438-0148-CT-SURE-POWER.....

Small Generators Could Ease Energy Crisis
Small power-generation systems scattered throughout the state, many of which
could be attached to individual businesses, could offer some relief to
California's strapped power grid
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/27/ao/0000-5247-power-woes-micropower

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Click here to view?
CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf

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Qualify for the?
CERTIFIED POWERMARKETERS EXAM
Attend PMA's preconference seminar:

FUNDAMENTALS OF POWER MARKETING
http://www.pmaconference.com/0103Agendah.pdf

Covered at the Fundamentals of Power Marketing Seminar
Introduction to the Power Industry
Getting Started as a Marketer
Lexicon of Power Marketing
Indexed Transactions
Swaps
Tolling Agreements
Option-type transactions
Finance-type transactions
Serving the Retail Power Marketer
Retail Power Marketing
Key Issues in Retail Access
Nuts and Bolts of Retail Marketing
Future of Power


This program is valuable not only for new industry participants, but for
professionals who need an overview and "back to basics" review to provide
context for their jobs.

FUNDAMENTALS OF POWER MARKETING
March 14, 2001

Click here to view?
CRISIS AND OPPORTUNITY: POWER MARKETS 2001
http://www.pmaconference.com/0103Agendah.pdf