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ELP Volume 79 Issue 2

Exchange Notes

RedMeteor.com, a global Internet-based, open commodities exchange, has been selected to provide a modified energy exchange platform and hosting services to Energy Trade System (ETS), a venture uniting a group of energy players in the former Soviet Union. The platform will allow ETS to launch trading platforms for refined products exported through the Baltic Sea ports.

Anti-slamming rules slow to evolve

As competition slowly develops around the country for electricity and gas at both the consumer and commercial levels, only a few states have had to deal with the issue of slamming-the unauthorized switching of a customer's service. But, we fully expect this issue to grow as competition increases and customers get more comfortable with switching their energy suppliers.

From online database to e-procurement: the way ahead or way off target?

When you need to procure a part, why wouldn't you go look at what you have in store before you search elsewhere? As simple as that sounds, a surprising number of energy companies-and others-do no such thing, despite a variety of installed systems intended to help.

IT Bits

Calpine Corp. has agreed to purchase a corporate-wide license for PI System products and services from OSI Software Inc., a manufacturer of real-time plant information management systems.

Watching the juggling and plate balancing in California

The California electricity market is taking on the character of a three-ring circus. Except, as the old joke goes, it's not as organized.

Enron pursues “asset light” strategy

Enron Corp. reported a $326 million charge to fourth quarter earnings from losses on its investment in Azurix Corp., the fledgling water company Enron spun off a few years earlier.