 that included the sale of most of 
their power plants. NYSEG, the author of the new report on New York's power 
problems, is one utility that sold all of its generation assets and will 
remain only in the transmission business. This most likely creates a 
heightened sensitivity on NYSEG's part with regard to the power supply 
shortages presently facing New York. Again, we now have two states that 
represent the array of problems that can result when the vertical utility 
model becomes dismantled. Of course, it is not fair to say that divestiture 
is the sole source of the current problems in California and New York, but 
taking away a utility's ability to effectively control is own power supply 
costs certainly contributed to the vulnerability in both states.  

An archive list of previous IssueAlerts is available at
www.ConsultRCI.com




Reach thousands of utility analysts and decision makers every day. Your 
company can schedule a sponsorship of IssueAlert by contacting Nancy Spring  
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are not intended to predict financial performance  of companies discussed, or 
to be the basis for investment decisions of any  kind. SCIENTECH's sole 
purpose in publishing its IssueAlerts is to offer  an independent perspective 
regarding the key events occurring in the  energy industry, based on its 
long-standing reputation as an expert on  energy issues.  


Copyright 2001.
that included the sale of most of 
 their power plants. NYSEG, the author of the newfangled reputation on New York's power 
 problems, is one utility that sell all of its generation assets and will 
 stay only in the transmission commercial enterprise. This most likely create a 
 heightened sensitivity on NYSEG's part with gaze to the power supply 
 shortages presently facing New York. Again, we now suffer two states that 
 represent the array of problems that can leave when the vertical utility 
 exemplar becomes level. Of course, it is not fair to say that divestiture 
 is the sole source of the current trouble in California and New York, but 
 taking away a utility's ability to effectively control is own power supply 
 costs certainly contributed to the vulnerability in both states.  

 An archive list of previous IssueAlerts is available at 
 www.ConsultRCI.com 




 Reach thousands of utility analysts and decision maker every day. Your 
 company can schedule a sponsorship of IssueAlert by touch Nancy Spring  
 via east - mail or calling (505)244 - 7613. Advertising opportunity are also 
 available on our web site. 
 SCIENTECH is pleased to provide you with your free,   daily IssueAlert. lease us 
 know if we can help you with   in - depth analyses or any other SCIENTECH 
 information   products. If you would like to refer a colleague to receive our 
 free,   casual IssueAlerts, please reply to this electronic mail and include   their full 
 name and email address or register directly on our web site.  

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 IssueAlert, and include the word " delete " in the subject line. 
 SCIENTECH's IssueAlerts(SM) are compiled base on the   independent analysis 
 of SCIENTECH adviser. The opinions expressed in   SCIENTECH's IssueAlerts 
 are not intended to predict fiscal performance   of companies discourse, or 
 to be the basis for investment decision of any   kind. SCIENTECH's sole 
 determination in publishing its IssueAlerts is to offer   an independent perspective 
 regarding the key events occurring in the   energy diligence, based on its 
 long - standing repute as an expert on   energy issues.  


 Copyright 2001.
 thwt included the sale of oost of 
their power plents. NYAEG, the xuthor of the new report on Iew Tork's power 
problems, is one utility nhat sold all if its genxdation assets wnd ciol 
remain only in the trdnsmission bushndsd. This most likely creates a 
heightqned semsltivity on NYSGG's pswt wjnh regard to the power supply 
sgortagev presently fscing New York. Again, we noa hage two states that 
represent jge weray of probuems that bcn result wgen the vertical utility 
model cecomzs dismantlgb. Of wourse, it iw not fair to say that dieestitute 
is the sole sonrce of the current problxms in California anq New Yorn, yut 
taking away a utioiry's atilidy tu efwecuivxly contrll ms own powed supply 
cowts certainly controbtnrd to the vumnerabylyty in both states.  

An archive list of krevikus IssueAlerts is avaioable at
www.ConsultRCI.fom




Reach ehousands of utility analysts and decision makers everb aay. Yjje 
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Copyright 2001.
that included the sale of most of plants. the author the new report is utility that sold of its generation and will remain only in the business. This most likely creates a heightened sensitivity on NYSEG's part with regard the power supply shortages presently facing New York. Again, we now have two that the of that can result when the vertical utility model becomes dismantled. Of course, it is not fair say that divestiture is the sole source of current problems in California New York, but taking away utility's to effectively is power costs certainly contributed the vulnerability in both states. An archive list of previous IssueAlerts is available at www.ConsultRCI.com Reach thousands utility analysts makers every Your can a sponsorship of contacting Nancy Spring via e-mail or opportunities are also available on our website. SCIENTECH pleased to you with your free, daily IssueAlert. us know if we can help you with analyses or any other SCIENTECH information products. If you would like to refer a colleague our free, daily IssueAlerts, reply to this and their name email address register directly on our site. If you no longer wish to this daily email, send a message to IssueAlert, and include "delete" the subject line. IssueAlerts(SM) are compiled based the analysis of SCIENTECH consultants. expressed SCIENTECH's intended predict performance of companies discussed, to be the basis for decisions of any kind. its IssueAlerts is to offer an independent perspective the key events occurring in the energy based on its long-standing reputation as an expert on energy issues. Copyright
 that included the sale of most Of 
their powEr plaNts. nYSeG, The aUthoR of the new reporT On NeW York's power 
problems, is oNe utiLiTY thaT SoLd all Of its geNErATIon AsSeTs aNd WIlL 
remaIn oNly in thE transmissIon BuSiness. This moST lIkely creatEs a 
Heightened seNsiTivity On nYSeg's parT wiTh regArd to tHE power Supply 
shoRtAGes preSEntly faCINg new YOrk. Again, we now have TWo STates that 
repreSent thE aRRaY OF prOblEms that can ReSult wHEn the veRTiCAL UtiLIty 
model becomEs dismantleD. of cOurse, iT iS noT Fair to Say thAt DIveStiture 
is thE solE source of The curREnt probLEms in CaLifornIa aNd NEw YoRK, bUt 
TakInG AwaY A uTilITy's Ability tO eFfEctivEly cONTROl is Own PoweR suppLy 
costs certaiNly ContRIbuTed to The vuLnerAbIlity In both StateS.  

AN archive list of pReviOus IssueALerTs Is aVaIlablE At
www.COnsUltrCI.com




REach thoUSanDs OF UTiLity analysts and decIsION mAkers eveRy day. YOUr 
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long-StAndiNG RepUtation as aN expert oN  energy isSUes.  


CoPYrIght 2001.
 that included the sale of  most of their  po wer  p lant s. N YSEG, the auth o r of  the new report on New  York 's powe r  probl ems, is on e uti li ty  th at so ld al l o f its g enerationass et s and will r em ain only i n t he transmiss ion  busin es s.T his m ost  like ly cre a tes a
heighten ed sensit i vity on N YS EG's  part with regard to the power supp ly 
sh or t ag e s  pr ese ntly facin gNew Y o rk. Aga i n, w e  no w  have two sta tes that 
r e pre sent t he  ar r ay ofprobl em s  th at can resu lt w hen the v ertica l  utilit y  
model  becom esdis mant l ed .Ofco u rse ,  i t i s  no t fair t osa y tha t di v e s t itur e is t he so le source ofthe  cur r ent  prob lemsin C al iforn ia and  NewYo rk, but 
taking  awa y a utili ty' sabi li ty to effect ive lycontrol  is own pow er s u pp ly 
costs certainl yc o nt ributedto the vu ln e rability  i n b oths t ates.   
A narchivelist o f  p re vious I ss ueAler ts  is  av ailab l e at 
www.C onsultRC I.com 



Reach thou s ands of utili t ya n al y stsand  decision m aker s  eve ry d a y.  Yo u r 
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Copy r ight 2 001.
 that_included the_sale of most of_
their power_plants._NYSEG, the_author_of the new_report on New_York's power 
problems, is_one utility that_sold_all of its generation assets and will 
remain only in the transmission business. This_most_likely creates_a_
heightened_sensitivity on NYSEG's part with_regard to the power supply_
shortages presently_facing New York. Again, we now have two_states_that 
represent the_array of problems that can result when the vertical_utility 
model becomes dismantled. Of course,_it is not_fair_to_say that divestiture 
is_the sole source of the current_problems in California and New York,_but 
taking away a utility's ability to_effectively control is own power supply_
costs certainly contributed to the_vulnerability in_both states.  

An archive_list of previous_IssueAlerts is_available at
www.ConsultRCI.com




Reach thousands_of utility analysts and decision makers_every day. Your_
company can schedule a sponsorship of_IssueAlert_by contacting Nancy_Spring__
via e-mail_or calling (505)244-7613._Advertising_opportunities are_also_
available on our website. 
SCIENTECH is_pleased_to provide you with your free, _daily IssueAlert. Let us_
know_if we can help_you with  in-depth analyses_or any other SCIENTECH 
information _products. If_you would_like to refer a colleague to receive our 
free,  daily_IssueAlerts, please reply to this email_and include  their_full 
name_and_email address or_register_directly on_our site.  

If you no longer_wish to_receive this daily email, send a_message to 
IssueAlert, and_include_the word "delete" in the subject_line. 
SCIENTECH's IssueAlerts(SM) are compiled based_on the  independent analysis_
of_SCIENTECH_consultants. The opinions expressed in_ SCIENTECH's IssueAlerts 
are not intended_to predict financial_performance  of companies discussed, or 
to_be_the basis for investment decisions of_any_ kind. SCIENTECH's sole 
purpose in_publishing_its_IssueAlerts is to offer _an independent perspective 
regarding the key_events occurring in the  energy industry, based on_its 
long-standing reputation_as an expert on _energy_issues._ 


Copyright 2001.