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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>April 1999</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>
<font SIZE="2"><p></font><font face="Arial" size="2">This month numerous companies have
filed their intent to adopt the NERC interim transmission loading relief (TLR procedures
and interim market redispatch program.</font><font SIZE="2"><font face="Arial">)</font></p>
</font><b><p ALIGN="center"><font face="Arial" size="4"><a name="top">Northeast</a></font></b></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Sunoco has assigned to FPL
rights to a 50 MW facility in Marcus Hook, PA. <strong>ER99-1792, 1793</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">GAPP Experiment Participation
Agreement, which allocated transmission revenues based on actual flows, has terminated.
ER99-1810.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Montaup has reduced stranded
cost fees by 32%. <strong>ER99-1813</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">NU has filed an updated
market power analysis with request for market rates. <strong>ER99-1829</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">ECONnergy PA, Inc. has filed
for marketer status. <strong>ER99-1837</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Canadian Niagara (NIMO and
Fortis, Inc) has filed for market rates for its two hydro facilities. <strong>ER99-1875</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Michigan Power (CMS
Generation) seeks market rates for two new plants planned for MI, with capacity of 130 MW
and 62 MW.<strong> ER99-1970</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">PJM has revised its Fixed
Transmission Rights auction. <strong>ER99-228</strong>.</a></font></p>
<b><p ALIGN="center"><font face="Arial" size="4"><a name="top">Southeast</a></font></b></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Southern has filed for market
rates for several plants with aggregate capacity of over 3,000 MW it has acquired from
PG&E. <strong>ER99-1833, 1841, 1842, 1856, 1857</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Penobscot Hydro (PP&L
Resources) has filed for market rates for nine plants and interest in plants acquired from
Bangor Hydro-Electric Co. <strong>ER99-1940</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Alliance Energy Services
(Alliance Gas Services and Conoco) has filed for marketer status. <strong>ER99-1945</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Southern is seeking market
rates for 1700 MW of power plants it is acquiring from Orange & Rockland and Con Ed. <strong>ER99-2043,
2044, 2045</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">LG&E Capital is seeking
market rates for two newly planned 164 MW turbines to be built at KU’s Brown
Generating Station in KY. <strong>ER99-2108</strong>.</a></font></p>
<b><p ALIGN="center"><font face="Arial" size="4"><a name="top">Midwest</a></font></b></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">RockGen Energy has submitted
two long-term service agreements under seal for a 450 MW facility planned; one a straight
power sales agreement to Alliant, the other a tolling agreement. <strong>ER99-1862</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Schrickel Capital Corp. is
seeking market rates for three plants, 460 MW, 440 MW and 390 MW, to be located
respectively one in TN and two in MS, with power sold to Enron. <strong>ER99-1914, 1915,
1942</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">PDI Companies (WPS Power
subs) are acquiring Maine Public Service assets. <strong>ER99-1936</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Trident Energy Marketing, sub
of Minneapolis-based energy consultant Dahlen, Berg & Co., has filed for marketer
status. <strong>ER99-2069</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Energy Masters International,
formerly known as Cenerprise and Cenergy, has ceased all power marketer activities. <strong>ER99-2077</strong>.</a></font></p>
<b><p ALIGN="center"><font face="Arial" size="4"><a name="top">Southwest</a></font></b></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Enjet, Inc. a petroleum
products trader, has filed for marketer status. <strong>ER99-2061</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Geysers Power has purchased
14 geothermal plants from PG&E. <strong>ER99-2094</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Sempra Energy Trading and KN
Energy are merging. <strong>ER99-2095, 2096</strong>.</a></font></p>
<p ALIGN="JUSTIFY"><font face="Arial" size="2"><a name="top">Shell Energy Services Company
has filed for marketer status. <strong>ER99-2109</strong>.</a></font></p>
<b><p ALIGN="center"><font face="Arial" size="4"><a name="top">Northwest</a></font></b></p>
<p ALIGN="JUSTIFY"><a name="top"><font face="Arial" size="2">Wascana Energy Marketing has
merged with CXY Energy Marketing. <strong>ER99-1858</strong>.</font></td>
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