copyright 2006 by scottmadden inc all rights reserved energy industry update highlights of recent significant events and emerging trends in the december 1 contents view from executive suite 2 summary stock prices investment community s strategies focus commodities fuels market issues 7 coal markets easing to liquids competition for resources gas what a difference year makes infrastructure on way power down worries up demand response efficiency enabling technologies 13 ami increased interest ferc staff assessment intelligent grid is time right rates politics policy 17 order 888 reform might change philosophy as goal state plans central planning returns price decoupling managing utility enterprise 22 mergers acquisitions deal scorecard or no two stumble txu second bold step powering capital expenditures rise forcing issue greenhouse regulation trading marketing making comeback emissions portfolio management mix
