alliance info alert dear generation power marketing executive alliance info alert includes three items interest 1 weekly alliance express newsletter 2 listing recent filings ferc 3 timeline ferc action california markets attached alliance energy suppliers express december 19 2000 inside washington federal affairs ferc de federalizes california markets adopts structural reforms special meeting friday afternoon ferc unanimously approved eagerly awaited final order reforming california wholesale markets adopting major outlines november 1 proposed order sending back california responsibility addressing state related matters time ferc deferred consideration retroactive refund issues well imposition region wide price caps ferc reiterated earlier conclusions certain circumstances california ratepayers subjected unjust unreasonable power rates due california seriously flawed market structure rules conjunction tight demand supply conditions throughout west ferc adopted november proposal eliminate effective immediately state mandatory requirement state investor owned utilities buy sell electricity px allow utilities purchase electricity forward contracts alternative mechanisms manage supply risks ferc terminated px rate schedules effective close business april 30 2001 effect chairman james hoecker stated order de federalizes 60 percent california wholesale market established state restructuring law returning ratemaking authority company owned generation california public utilities commission cpuc agency also modified effective period 150 mwh soft cap proposal limiting application april 2001 whereupon comprehensive systematic monitoring mitigation program incorporates appropriate thresholds screen mitigation measures must place related move ferc ordered technical conference early next year develop program march 1 2001 measures place may 1 deadline energy secretary issues order power generators marketers bolster california supplies energy secretary bill richardson responded severely constrained power supply situation california issuing order pursuant section 202 c federal power act require generators marketers make power available meet state electricity needs emergency directive requires california independent system operator iso certifies inadequate supply electricity certain suppliers would required make power available iso power available excess amount needed satisfy service firm customers suppliers provided power california power exchange px iso last 30 days firm capacity available would subject order order iso required provide notice supplier subject order amount type service requested 9 00 pm est day requested service iso must extent feasible allocate requests proportion amount supplier available power price power provided pursuant order set agreement iso supplier agreement reached ferc determine reasonable rate later date order remain effect 3 00 est december 21 2000 unless modified epa sets plans regulate plants mercury emissions epa administrator carol browner long awaited announcement indicated last week administration require reductions mercury emissions coal oil fired power plants agency stated plans propose new regulations december 2003 hopes finalize new rules december 2004 wake decision eei called epa make certain program control utilities mercury emissions based best scientific information available order assure protection public health eei urges epa maintain commitment resolving key scientific technological issues said paul bailey eei vice president environmental affairs given uncertainties eei disappointed regulatory determination includes statements regarding public health threats hazards unsupported current science said mr bailey meantime electric power industry continue work stakeholders determine extent additional mercury reductions power plants may needed cuts achieved mr bailey concluded mergers acquisitions calpine completes acquisition emi power assets calpine corporation announced completed acquisition power assets energy management inc emi deal calpine acquired remaining interest three recently constructed combined cycle power generating facilities located new england well joint marketing venture calpine emi prior transaction calpine held 50 percent net interest projects pleased completed acquisition new highly efficient power plants dighton tiverton rumford facilities among first merchant power plants enter commercial operation new england said calpine senior vice president bob alff combined announced project northeast created coordinated system low cost assets excellent geographic diversity provide power attractive new england market added alff exelon completes acquisition 49 9 percent sithe exelon corporation sithe energies announced completion exelon acquisition 49 9 percent stock sithe completion acquisition finalizes agreement peco energy company agreed purchase 49 9 percent sithe assets north america 682 million peco since merged unicom corporation form exelon corporation terms agreement exelon option purchase remaining 50 1 percent sithe within two five years price based prevailing market conditions purchase option exercised exelon sithe continue operate independently said companies energy data weekly electric output week 50 electric output reached 74 737 gwh week ending december 9 week 50 highest increase 1999 levels mid atlantic region 15 8 percent increase 1999 looking year date information pacific southeast leads nation growth output information email alliance eei org allegheny energy announces leadership change allegheny energy inc week announced appointment michael morrell senior vice president cfo president unregulated supply business allegheny energy supply company effective february 1 2001 morrell replace peter skrgic current president retiring date 37 years service company new position mr morrell direct continue growth allegheny energy supply business operates markets competitive retail wholesale electric generation throughout eastern us additionally morrell identify new opportunities expand company generation holdings announced press release alliance express free news service sponsored alliance energy suppliers document redistributed please send questions comments requests alliance eei org telephone 202 508 5680 due holidays alliance express published next tuesday december 26 recent ferc filings 1 rto developments following entities filed comments regarding california wholesale electric market elo 0 95 000 et al filed december 13 2000 american public power assoc market power know see california experience southern california edison co proof soft price caps result lawful rates request rehearing southern california edison co request immediate modification december 8 2000 order san diego gas electric motion clarify record following entities filed motions immediate modification intervene regarding commission emergency order december 8 approving ca iso tariff amendments erol 607 000 ero 0 95 000 et al filed december 13 2000 western power trading forum reliant energy power generation pacific gas electric ca iso dynegy power marketing southern energy companies filed supplemental protest regarding pjm order 2000 compliance filing rtol 2 000 filed december 14 2000 2 oatt transmission ugi utilities filed interconnection agreement allegheny energy supply co erol 617 000 comments due december 28 2000 public service company new mexico filed proposed revisions ferc electric tariff statement policy code conduct governing relationship wholesale power marketing affiliates notification change status relating authorization sell power market based rates erol 615 000 comments due december 28 2000 american electric power service corp aep filed executed interconnection agreement indiana michigan power co duke energy berrien agreement pursuant aep companies oatt erol 626 000 comments due december 29 2000 commonwealth edison co filed revisions oatt reflect creation new generation subsidiary excelon corp comed holding company erol 628 000 comments due december 29 2000 detroit edison company filed service agreement network integration transmission service joint oatt consumers energy service agreement nordic marketing erol 622 000 comments due december 28 2000 detroit edison company filed service agreements short term firm non firm point point transmission service joint oatt consumers energy service agreement h q energy services erol 621 000 comments due december 28 2000 louisiana generating filed motion intervene protest regarding southwestern electric power company restated amended electric system interconnection agreement southwestern louisiana generating erol 504 000 filed december 13 2000 alliant energy corporate services filed response several protests regarding proposed amended oatt erol 312 000 filed december 14 2000 electricities north carolina piedmont municipal power agency cities orangeburg seneca sc filed motion intervene protest regarding duke energy carolina power light south carolina electric gas proposed accounting rate treatment start costs associated establishing new rto elol 13 000 filed december 14 2000 southern company services filed proposed amendment oatt order incorporate creditworthiness criteria interconnection procedures source sink requirements erol 668 000 filed december 14 2000 bonneville power administration filed petition declaratory order stating proposed oatt satisfies commission reciprocity compliance principles njol 1 000 filed december 14 2000 american transmission co filed proposed open access transmission rates requested expedited consideration erol 677 000 filed december 15 2000 3 market complaints h q energy services filed order directing ny iso restore original market clearing prices energy may 8 2000 elol 19 000 comments due january 2 2001 new england power co filed answer rhode island attorney general protest regarding application joint owners undivided interest millstone 3 nuclear plant transfer ownership dominion applicants eco 0 137 000 ero 0 3639 000 filed december 13 2000 4 mergers corporate restructuring 5 miscellaneous ca iso filed amendment schedule 1 participating generator agreement ca iso sierra pacific industries erol 619 000 comments due december 28 2000 automated power exchange filed new rate schedule provide auction scheduling service california market erol 658 000 filed december 14 2000 automated power exchange filed new rate schedule provide auction scheduling service new geographic market known apx midwest market erol 659 000 filed december 14 2000 nancy tarr manager business development ntarr eei org 202 508 5680 timeline doc