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Date: Wed, 26 Dec 2001 15:46:20 -0800 (PST)
From: ei_editor@platts.com
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Subject: Shedding light on power prices
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                        =09                       Updated: Dec. 27, 2001   =
                            [IMAGE]Shedding light on power prices  Competit=
ion in Europe's electricity markets has brought more choice for consumers, =
resulting in lower prices in most cases. It also has triggered the end of p=
rice transparency, at least in the industrial and commercial (I&C) customer=
 segments.                                                                 =
                                                                           =
                                                                           =
         [IMAGE]Fight over hydro project could become war Outcome could set=
 precedent for other relicensing   Environmental issues may be deciding fac=
tor                                                          [IMAGE]Fitting=
 the bill SPL Worldgroup moves utilities to one-stop billing  Netherlands, =
Germany ahead of the game                                                  =
        [IMAGE]A sci-fi twist in clean coal research Bioprocessing cleans i=
mpurities  Scientists create coal-adapted microbes                         =
                        Reliant, Orion merger clears two regulatory hurdles=
 [IMAGE]full story...  Reliant unit, Gexa make price offerings in Texas [IM=
AGE]full story...  NEPOOL asks FERC to approve new payment deal for Enron [=
IMAGE]full story...  Centennial Pipeline may be mixed blessing in U.S. Midw=
est [IMAGE]full story...  SCANA subsidiary files for new interstate natural=
 gas pipeline [IMAGE]full story...  Interview: NYMEX undergoing transformat=
ion [IMAGE]full story...  Spanish generators may see income drop [IMAGE]ful=
l story...  Patterson-UTI buys 17 rigs from Cleere Drilling [IMAGE]full sto=
ry...  PG&E payment plan to Calpine approved by bankruptcy court [IMAGE]ful=
l story...  Enron, Mirant urge FERC to reject Nevada complaints [IMAGE]full=
 story...  [IMAGE]To view all of today's Executive News headlines, [IMAGE]c=
lick here                              Copyright ? 2001 - Platts, All Right=
s Reserved      Market Brief   Wednesday, December 26 Stocks Close Change %=
 Change DJIA 10,088.14 52.8  0.53% DJ 15 Util. 289.80 5.1  1.79% NASDAQ 1,9=
60.70 14.87  0.76% S&P 500 1,149.37 4.5  0.39%     Market Vols Close Change=
 % Change AMEX (000) 95,077 (27,481.0) -22.42% NASDAQ (000) 1,127,431 (1,22=
2,219.0) -52.02% NYSE (000) 792,634 (915,281.0) -53.59%     Commodities Clo=
se Change % Change Crude Oil (Feb) 21.27 1.65  8.41% Heating Oil (Jan) 0.59=
46 0.046  8.42% Nat. Gas (Henry) 2.911 0.016  0.55% Propane (Jan) 34.25 2.2=
5  7.03% Palo Verde (Jan) 28.00 0.00  0.00% COB (Jan) 28.00 0.00  0.00% PJM=
 (Jan) 31.15 0.00  0.00%     Dollar US $ Close Change % Change Australia $ =
 1.968 0.000  0.00% Canada $   1.60 0.016  1.01% Germany Dmark  2.23 0.022 =
 1.00% Euro   0.8791 (0.009) -1.00% Japan ?en  130.8 1.200  0.93% Mexico NP=
 9.13 0.010  0.11% UK Pound   0.6879 (0.0080) -1.15%     Foreign Indices Cl=
ose Change % Change Arg MerVal 320.46 0.00  0.00% Austr All Ord. 3,335.20 2=
1.10  0.64% Braz Bovespa 13358.42 (10.11) -0.08% Can TSE 300  7552.59 24.29=
  0.32% Germany DAX 5019.01 0.00  0.00% HK HangSeng 11209.78 51.68  0.46% J=
apan Nikkei 225  10192.57 (142.88) -1.38% Mexico IPC  6380.60 6371.84  0.00=
% UK FTSE 100 5,159.20 5177.40  0.00%       Source:  Yahoo!, TradingDay.com=
 and NYMEX.com   =09                                =09  =09


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