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Subject:15 February 2001: Crises and Opportunity Update
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Date:Wed, 14 Feb 2001 16:03:00 -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]

February 15, 2001:
Crisis and Opportunity Update

If you're like the tens of thousand of others who read the Power Marketing
Association's Daily Power Report, you know that our industry faces
unprecedented crisis.? Blackouts, credit crunch, electric and gas price
volatility, low hydro levels--? and we're not even near the summer.?? What
are we facing??

Now is the time to think, to plan, to solve tomorrow's problems before they
arise.?? Join us at the Power Marketing Association's Seventh Annual Spring
Meeting: Power Markets 2001: CRISIS AND OPPORTUNITY:? MARCH 14-16, 2001,
Aladdin Hotel, Las Vegas, NV.

Crisis grabs the attention, but the opportunities are almost palpable.? Just
click on the headline for the full story at powermarketers.com:


GREEN MOUNTAIN ENERGY TO SUPPLY ELECTRICITY TO 450,000 NORTHEAST OHIOANS
Officials of the Northeast Ohio Public Energy Council (NOPEC) and Texas-based
Green Mountain Energy Co. today signed an initial letter of understanding
under which Green Mountain will supply electricity to approximately 450,000
residential customers in nearly 100 Northeast Ohio communities for the next
six years.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/02/14/pr/0000-4133-oh-nopec-green-mt

LONG ISLAND POWER AUTHORITY PROPOSES NEW PLANTS
The head of the Long Island Power Authority, Richard Kessel, is proposing
building two power plants on Long Island and adding generating capacity in
Far Rockaway. If new generation is not added, he says, Long Island could face
an electricity shortage this summer.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/crainsny
/2001/02/14/eng-crainsnybus/eng-crainsnybus_120509_179_570394179318

THERMO ELECTRON SELLING POWER UNIT
Thermo Electron Corp. of Waltham continued its push to streamline its
business yesterday by agreeing to sell its power generation division in a
transaction worth at least $210 million.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/bostonhe
rald/2001/02/14/eng-bostonherald_business/eng-bostonherald_business_012917_225
_102751362137

POTOMAC ELECTRIC TO BUY CONECTIV FOR $2.2B
Potomac Electric Power Co has agreed to acquire Wilmington, Del.-based
Conectiv Inc. for about $2.2 billion in cash and stock.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/industry
suppliers/2001/02/14/eng-industrysuppliers/eng-industrysuppliers_051248_130_62
0873710141

MEXICO SEES GOLDMINE IN U.S. POWER EXPORTS
Mexico could earn up to 80 billion pesos per year by exporting electricity to
the United States if an aggressive Mexico-U.S. transmission interconnection
plan is implemented

http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/imexnews
/2001/02/14/eng-imenews/eng-imenews_141107_59_2657007882372

UTILITIES CONSIDER COAL AS A FUEL FOR FUTURE FOR FUTURE POWER PLANTS DUE TO
STABLE PRICE AND SUPPLY ACTIVISTS ARE PREPARED TO MOVE TO COAL
Skyrocketing oil and natural gas prices are leading power- generating
utility companies to reconsider coal as an attractive fuel for future power
plants.?? "Coal tends to be more predictable, both in pricing and supply,
than either oil or natural gas," said Vic Svec, vice president of public
relations with Peabody Group. "We expect to see more coal- based generations
in the future."

http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/bellsupe
r/2001/02/11/SLMO/0000-0325-KEYWORD.Missing

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

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Join the Power Marketing Association at its annual spring meeting to discuss
the crises and opportunities which are, and will soon be facing us:?

California: What's in store for the summer?

Gas PriceVolatility-- 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?-- What's hot today, tomorrow.


And don't miss our most popular seminar-- a must for the newbies out there,
or if you just feel a need to step back and see where you fit into the big
picture:

FUNDAMENTALS OF POWER MARKETING
March 14, 2001

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