Jan C. Pepper

Jan PepperAutomated Power Exchange( 408 ) 517-2100

APX Announces Green Prices for March

The APX Green Power Market is a week-ahead forward market that matches renewable energy producers with retail providers who want to provide green or renewable power to their customers.This market includes only those resources that meet the California Energy Commission's requirements of a Registered Renewable Supplier and are eligible for funding from the Renewable Resources Trust Fund.Energy provided from wind , solar , geothermal , biomass , landfill gas , and small hydro ( less than 30 MW ) power plants may be sold into the APX Green Power Market.

Our pioneering market-based approach to green power premiums allows buyers to provide firm green power to their customers and allows generators to earn a premium on every megawatt hour of green power they produce, said Jan Pepper, director of green market development, Automated Power Exchange.

Nearly all of the independent renewable energy producers that can sell into California's open market, including Calpine Corp., Burney Forest Products, and Enron Wind Development Corp., sell green power through the APX Green Power Market.Automated Power Exchange splits green power into its two components : commodity energy and the Green Ticket.APX Green Tickets are differentiated by : technology type ; plant vintage (existing or new) ; and California Energy Commission credit eligibility.Following California Energy Commission guidelines, only energy provided from wind, solar, geothermal, biomass, landfill gas, and small (less than 30 megawatt) hydro power plants may be sold into the APX Green Power Market.

Since introducing APX Green Tickets in May, Automated Power Exchange has facilitated the trade of more than 175, 000 megawatt hours of environmentally friendly power.
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As a result of this success, said Pepper, we are opening the APX (TM) Year 2000 Green Ticket Market this month so that generators and buyers can start locking in prices for the green attribute to be delivered to customers next year..

Automated Power Exchange operates Internet-based exchanges and clearinghouses for the buying and selling of electricity, energy transmission, and related products, and provides the market and scheduling technologies and services needed to support power system administration.Automated Power Exchange is the only exchange provider to offer a full-service approach that includes scheduling, credit management, settlement, and true price discovery while maintaining the anonymity of the transacting parties.In addition to the APX (TM) California Markets, the APX (TM) Green Power Market and the APX (TM) Ohio Market in operation, the company is opening exchanges in New York and Illinois in 1999, and will operate green power markets in these states, as well.Automated Power Exchange is a privately held company that has its headquarters in Cupertino, Calif. For more information, visit www.apx.com.

Jan C. PepperDirector of Market Development5201 Great American ParkwaySanta Clara , CA 95054Voice : 408-517-2100Fax : 408-517-2985e-mail : pepper@apx.comurl : http : //www.apx.com/Nearly all of the independent renewable energy producers that can sell into California's open sell green power through the APX Green Power Market , a wholesale electricity exchange.

Blue Sky Energy Corporation

Jan Pepper, Automated Power ExchangePremiums Paid for Green Generation in the APX Green Power Market.

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May: Jan Pepper, Automated Power ExchangeJan has 18 years of experience in electric power, renewable energy, and marketing activities.She is currently Director of Green Power Marketing for Automated Power Exchange (APX), a start-up company which is operating a commodity-like exchange for wholesale buyers and sellers of electricity in California's deregulated electricity industry.