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<td width="439" align="left"></a><font face="Arial" size="3">The <strong>Bulk Power
Highlights</strong> are reprinted with permission from the Wheeling & Transmission
Monthly newsletter.</font><u><font face="Arial" size="2"><a name="top"><p ALIGN="CENTER"></a></font></u><font face="Arial" size="4"><strong>September 1998</strong></font><font FACE="Palatino" SIZE="1"></p>
<p ALIGN="JUSTIFY"></font><font face="Arial" size="2">Each document summarized in the Bulk
Power Report may be found at: <a href="http://rimsweb1.ferc.fed.us/rims">http://rimsweb1.ferc.fed.us/rims</a></font></p>
<p ALIGN="JUSTIFY"><a name="top"><font face="Arial" size="2">Quarterly sales reports are
in! Look for each company’s report at the top of each regional section.</font></a></p>
<p ALIGN="center"><font face="Arial" size="4" color="#000000"><strong>Northeast</strong></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">FPL seeks to sell power from
acquired Central Maine Power assets at market rates. <strong>ER 98-3511</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">NEPOOL has filed comprehensive
changes in the NEPOOL Agreement and open access tariff. <strong>ER998-3853</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Energis Resources has changed its
name to PSEG Energy Technologies. <strong>ER98-4001</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Numerous companies have cancelled
all pending transactions with the Power Company of America. <strong>ER98-4040</strong>
(PG&E Energy Trading); <strong>-4131</strong> (South Jersey Energy Co); <strong>-3986</strong>
(Entergy); <strong>-3992</strong> (LG&E);<strong> -4100</strong>, <strong>4101</strong>
(Duke); <strong>-3984</strong> (Powerex); <strong>-4015</strong> (WWP); <strong>-4018</strong>
(Idaho Power); <strong>-4128</strong> (Questar); <strong>-4132</strong> (PGE).</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">CinCap V, a sub of Cinergy Capital
and Trade, is seeking marketer status as specialist in contract restructuring. <strong>ER98-4055</strong>,
and is restructuring the Northeast Empire contract (see below) <strong>ER98-4216</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Com/Electric has filed a series of
agreements in connection with divestiture of all generation assets to Southern affiliates.
<strong>ER98-4088</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">BG&E affiliate Carr Street is
purchasing 101 MW facility from East Syracuse Generating Co. <strong>ER98-4095</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Glen Park Hydro facility has reduced
rates to NIMO in return for contract extension. <strong>ER98-4105</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Novarco a Swiss commodities company
has filed for marketer status. <strong>ER98-4139</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Northeast Empire L.P. is seeking to
sell power from its 34 MW wood facility at market rates. <strong>ER98-4183</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Abacus Group has filed for marketer
status. <strong>ER98-4240</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Con Edison Energy has filed to sell
power to its affiliates. <strong>ER98-4274</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Thermo Ecotek of Waltham, MA, has
purchased plants from SoCalEd and seeks to sell at market rates. <strong>ER98-4301, 4302</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">PECO will act as Designated Agent
for network transmission service, and will fulfill Installed Capacity Obligations for
Enserch Energy in PECO’s retail pilot. <strong>ER98-4327; 4329</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Primary Power Marketing has filed
for marketer status. <strong>ER98-4333, 4342</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Energy Atlantic, affiliate of Maine
Public Service, has filed for marketer status. <strong>ER98-4381</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">J. Makowski has filed for
market-based rates for Pittsfield facility despite long-term output contracts with local
utilities. <strong>ER98-4400</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Bridgeport and NU have entered
long-term agreement for 520 MW installed capability, energy sale.<strong> ER98-4403, 4404</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">CET Marketing and its affiliate
Cogen Energy Technologies, owner of the 65 MW Fort Orange Cogen facility, have filed for
marketer status. <strong>ER98-4412, 4423</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">NEES has selected NU to provide
Combined Standard Service Obligations (default service for retail customers) <strong>ER98-4429</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Sempra is seeking to sell ancillary
services at market –based rates into and outside California’s ISO market. <strong>ER98-4497</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">PSE&G has filed to sell to its
affiliate PSEG Energy Technologies. <strong>ER98-4506</strong>.</font></p>
<p ALIGN="center"><font face="Arial" size="4" color="#000000"><strong>Midwest</strong></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">AES has cancelled agreements with
Federal Energy Sales. <strong>ER98-4068</strong>.</font></p>
<p ALIGN="center"><font face="Arial" size="4" color="#000000"><strong>Southwest</strong></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Spark Energy Trading has filed for
marketer status. <strong>ER98-4039</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">El Dorado Energy (a Houston
Industries and Enova company) has filed for market-based rates from under-construction 492
MW Nevada facility. <strong>ER98-4109</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">NSP to purchase 103 MW of windpower.
<strong>ER98-4222</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">International Energy Group has filed
for marketer status. <strong>ER98-4264</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">Enron Wind to sell 84 MW of wind
power to IES. <strong>ER98-4280</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">The Marketplace-McCullough
Interconnection Agreement has been filed. <strong>ER98-4337</strong>.</font></p>
<p ALIGN="JUSTIFY"><font face="Arial" color="#000000">New Energy Ventures is now New
Energy Holdings. <strong>ER98-4376</strong>.</font></p>
<p align="center"><font face="Arial" size="4" color="#000000"><strong>Northwest</strong></font></p>
<p><font face="Arial" color="#000000">PS Colorado is selling windpower for 15 years for
$.0242/kWh. <strong>ER98-4426</strong>.</font></p>
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