UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

(Mark One)

[X]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2003.

[ ]  TRANSITION  REPORT PURSUANT TO SECTION 13 15(d) OF THE SECURITIES  EXCHANGE
     ACT OF 1934

      For the transition period from ________________to ___________________
                        Commission File Number: 000-24595

                             EDISON RENEWABLES, INC.
        (Exact name of small business issuer as specified in its charter)


   Nevada                                      88-0343832
(State or other                     (IRS Employer Identification No.)
jurisdiction of
incorporation or organization)


                  1940 Deer Park Ave, Deer Park, New York 11729

             (Address of principal executive offices) (516) 977-3425
                (Issuer's telephone number, including area code)

Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days.       Yes X No __

There are 214,475  shares of common stock issued and  outstanding as of November
10, 2003.

Transitional Small Business Disclosure Format (check one) Yes ___ No X
<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Unaudited financial statements for the quarter ended September 30, 2003.

                             EDISON RENEWABLES, INC.
                          (A Development Stage Company)


                           CONSOLIDATED BALANCE SHEET
                                   (Unaudited)


                                                      September 30, 2003
                                                      ------------------
     ASSETS
CURRENT ASSETS
  Cash and cash equivalents                                      $     -
                                                              ----------
     Total assets                                                $     -
                                                              ==========
     LIABILITIES AND STOCKHOLDERS' EQUITY
 CURRENT LIABILITIES
   Accounts payable                                              $34,098
   Advances from stockholder                                      42,895
                                                              ----------
     Total current liabilities                                    76,993
                                                              ----------
STOCKHOLDERS' DEFICIT
 Common stock, $0.001 par value;
 200,000,000 shares authorized,
 214,475 shares issued and                                           214
 outstanding
  Additional paid-in-capital                                     298,976
   Deficit accumulated during the development stage             (376,183)
                                                             -----------
     Total stockholders' deficit                                 (76,993)
                                                             -----------
     Total liabilities and stockholders' deficit                 $     -
                                                             ===========


                                       2

<PAGE>

<TABLE>
<CAPTION>

                             EDISON RENEWABLES, INC.
                          (A Development Stage Company)

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)



<S>                                             <C>                             <C>                     <C>
                                                                                                        October 12,
                                                                                                           1999
                                                Three months ended             Six months ended       (inception) to
                                                  September 30,                 September 30,          September 30,
                                               2003           2002           2003           2002           2003
                                             -------        ---------       -------       --------      -----------
Revenue                                   $        -        $       -    $        -     $        -      $         -

Product and website development                    -                -             -              -          164,130
Selling, general and administrative            9,760              620        16,964            620          212,053
expenses
                                          ----------        ---------    ----------     ----------      -----------
Loss from operations before
 provision for income taxes                   (9,760)            (620)      (16,964)          (620)        (376,183)

Provision for income taxes                         -               -              -              -              -
                                          ----------        ---------    ----------     ----------      -----------
Net loss                                  $  ( 9,760)       $    (620)   $  (16,964)    $     (620)     $  (376,183)
                                          ==========        =========    ==========     ==========      ===========
Net loss per share - basic and diluted    $    (0.05)       $       -    $    (0.08)    $       -       $     (2.11)
                                          ==========        =========    ==========     ==========      ===========
Weighted average number of common shares
 outstanding                                 214,475          217,400       214,475        217,400          178,644
                                          ==========        =========    ==========     ==========      ===========

</TABLE>

                                       3

<PAGE>

<TABLE>
<CAPTION>

                             EDISON RENEWABLES, INC.
                          (A Development Stage Company)

                 CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
                                    Unaudited


<S>                                             <C>                     <C>     <C>             <C>             <C>

                                                                                                  Deficit
                                                                                                Accumulated
                                                     Common Stock                Additional     During the
                                              -----------------------------      Paid-in        Development
                                                  Shares            Amount       Capital          Stage           Total
                                              --------------   ------------    -----------    -------------    ------------
Balance, October 12, 1999 (Inception)          $           -      $       -    $         -      $         -    $          -

Sale of common stock, October 12, 1999               120,625            120           (110)               -              10
Expenses paid by shareholder                               -              -         94,101                -          94,101
Capital contribution                                       -              -          4,159                -           4,159
Net loss                                                   -              -              -          (94,101)        (94,101)
                                              --------------   ------------    -----------    -------------    ------------
Balance, March 31, 2000                              120,625            120         98,150          (94,101)          4,169

Acquisition of public shell
 corporation, January 24, 2001                        65,850             66            (66)               -               -
Cash to be paid for acquisition                            -              -     (2,000,000)               -      (2,000,000)
Capital contribution                                       -              -        129,420                -         129,420
Net loss                                                   -              -              -         (161,199)       (161,199)
                                              --------------   ------------    -----------    -------------    ------------
Balance, March 31, 2001                              186,475            186     (1,772,496)        (255,300)     (2,027,610)

Shares issued for services - July 17, 2001             3,675              4         22,046                -          22,050
Shares issued for services - August 10, 2001           6,250              6         24,994                -          25,000
Shares issued for services - November 14, 2001         6,000              6         11,994                -          12,000
Shares issued for services - January 11, 2002         15,000             15         29,985                -          30,000
Forgiveness of cash for acquisition                        -              -      2,000,000                -       2,000,000
Net loss                                                   -              -              -         (110,083)       (110,083)
                                              --------------   ------------    -----------    -------------    ------------
Balance, March 31, 2002                              217,400            217        316,523        (365,383)        (48,643)

Shares cancelled - October 22, 2002                   (2,925)            (3)       (17,547)               -         (17,550)

Net Income                                                 -              -              -            6,164           6,164
                                              --------------   ------------    -----------    --------------   ------------
Balance, March 31, 2003                              214,475            214        298,976         (359,219)        (60,029)

Net loss                                                   -              -              -          (16,964)        (16,964)
                                              --------------   ------------    -----------    --------------   -------------
Balance, September 30, 2003                          214,475        $   214     $  298,976      $  (376,183)     $  (76,993)
                                              ==============   ============    ===========    ==============   =============

</TABLE>


                                       4

<PAGE>

<TABLE>
<CAPTION>


                             EDISON RENEWABLES, INC.
                          (A Development Stage Company)

                 CONSOLIDATED STATEMENT OF CASH FLOWS
                                   (Unaudited)

<S>                                                <C>                          <C>            <C>
                                                                                              October 12, 1999
                                                   Six Months ended       Six Months ended      (Inception)
                                                       September 30,      September 30,       to September 30,
                                                         2003              2002                  2003
                                                     --------------      -----------------     --------------
CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss                                           $    (16,964)        $      (620)         $   (366,423)
   Adjustments to reconcile net loss to net cash
   provided by operating activities:
   Cancellation of shares previously issued for
      services                                                   -                 620          $    (17,550)
    Expenses paid by shareholder                             3,509                   -               266,416
    Change in accounts payable                              13,455                   -                34,098
    Stock-based compensation                                     -                   -                89,050
                                                    --------------         -----------          ------------
NET CASH USED IN OPERATING
ACTIVITIES                                                       -                   -                (4,169)
                                                    --------------         -----------          ------------
CASH FLOWS FROM FINANCING ACTIVITIES -
   Sale of common stock                                          -                   -                    10
   Capital contributions                                         -                   -                 4,159
                                                    --------------         -----------          ------------
NET CASH PROVIDED BY FINANCING ACTIVITIES                        -                   -                 4,169
                                                    --------------         -----------          ------------
NET (DECREASE) INCREASE IN CASH AND CASH
EQUIVALENTS                                                      -                   -                     -

CASH AND CASH EQUIVALENTS -
 beginning of period                                             -                   -                     -
                                                    --------------         -----------          ------------
CASH AND CASH EQUIVALENTS - end of period             $          -         $         -          $          -
                                                    ==============         ===========          ============

</TABLE>

--------------------------------------------------------------------------------
                            SUPPLEMENTAL INFORMATION:

During the period  October 12, 1999 to September  30, 2003,  the Company paid no
cash for interest or income taxes.

                                       5

<PAGE>

                             EDISON RENEWABLES, INC.
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)
                               September 30, 2003


NOTE 1 - DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES

Nature of Operations

Edison Renewables, Inc. (the "Company") is currently a development-stage company
under the  provisions  of the  Financial  Accounting  Standards  Board  ("FASB")
Statement  of  Financial  Accounting  Standards  ("SFAS") NO. 7. The Company was
incorporated  under the laws of the state of Nevada on August 28, 1995.

Interim  Financial  Information.

The accompanying  unaudited interim  financial  statements have been prepared by
the  Company,  in  accordance  with  generally  accepted  accounting  principles
pursuant to Regulation S-B of the Securities  and Exchange  Commission.  Certain
information  and footnote  disclosures  normally  included in audited  financial
statements prepared in accordance with generally accepted accounting  principles
have been condensed or omitted. Accordingly,  these interim financial statements
should  be read in  conjunction  with the  Company's  financial  statements  and
related  notes as contained in form 10-KSB for the year ended March 31, 2003. In
the  opinion  of  management,  the  interim  financial  statements  reflect  all
adjustments,   including  normal  recurring  adjustments,   necessary  for  fair
presentation of the interim periods presented. The results of the operations for
the six months  ended  September  30,  2003 are not  necessarily  indicative  of
results of operations to be expected for the full year.

                                       6

<PAGE>

Item 2.  Management's Discussion and Analysis or Plan of Operation.

Plan of Operations

The  following  discussion  should  be read in  conjunction  with the  financial
statements  of the Company and related notes  included  elsewhere in this Report
and in the  Company's  Annual Report on Form 10-KSB for the year ended March 31,
2003. All statements  contained herein (other than historical  facts) including,
but not limited to, statements regarding the Company's future development plans,
the  Company's  ability  to  generate  cash from its  operations  and any losses
related  thereto,  are based upon current  expectations.  These  statements  are
forward  looking  in nature  and  involve  a number of risks and  uncertainties.
Actual  results  may differ  materially  from the  anticipated  results or other
expectations expressed in the Company are forward-looking statements. Generally,
the words "anticipate",  "believe",  "estimate",  "expects", "will", and similar
expressions as they relate to the Company and/or its management, are intended to
identify forward-looking  statements.  Among the factors that could cause actual
results to differ  materially  could be the  inability  of the Company to obtain
additional financing to meet its capital requirements needs and general business
and  economic  conditions  as well as  technological  developments.

The company  currently plans to seek  opportunities  to develop  business in the
renewable energy market which may include acquisitions or business  combinations
with operating companies.

Critical Accounting Policy and Estimates

Our Management's  Discussion and Analysis of Financial  Condition and Results of
Operations section discusses our consolidated  financial statements,  which have
been prepared in accordance with accounting principles generally accepted in the
United States of America. The preparation of these financial statements requires
management to make estimates and assumptions that affect the reported amounts of
assets and liabilities at the date of the financial  statements and the reported
amounts of revenues and expenses  during the  reporting  period.  On an on-going
basis, management evaluates its estimates and judgments, including those related
to  revenue   recognition,   accrued   expenses,   financing   operations,   and
contingencies  and litigation.  Management  bases its estimates and judgments on
historical  experience  and on various  other  factors  that are  believed to be
reasonable  under the  circumstances,  the  results  of which form the basis for
making judgments about the carrying value of assets and liabilities that are not
readily  apparent  from other  sources.  Actual  results  may differ  from these
estimates  under different  assumptions or conditions.  There are no significant
accounting estimates inherent in the preparation of our financial statements.


                                       7

<PAGE>

Results of Operations

The Company had no operations  prior to October 12, 1999,  and had only incurred
minimal  start-up  expenses  as of that  date.  There  were only  administrative
operations  for the three and six months ended  September 30, 2003 and 2002. The
company has not recorded any revenue since inception. For the three months ended
September  30,  2003,  administrative  expenses  increased  from $620 in 2003 to
$9,760 in 2003.  For the six months ended  September  30,  2003,  administrative
expenses increased from $620 in 2002 to $16,964 in 2003. As there was no revenue
in the periods, net loss equals the administrative  expenses incurred during the
periods.  The  increases  from  2002 to 2003  result  primarily  from  increased
expenditures for legal and accounting fees.

Liquidity and Capital Resources

As of September  30, 2003,  the Company had a cash balance of $0. The  Company's
total deficit accumulated during the development stage increased to a balance of
$376,183.  The Company's total liabilities are $76,993, which represents accrued
expenses  and  advances  by  a  shareholder.

The company's cash on hand is insufficient  to fund its current  operating needs
and the company is currently not  generating  any revenue.  The company plans to
fund its  general  operating  needs by  advances  from a  shareholder  until the
company finds an opportunity to develop business in the renewable energy market.
We currently have not  established  any terms for the repayment of any advances.
In order to raise  capital  in the  foreseeable  future,  we may  offer and sell
equity  securities  or  convertible  debt. We expect that the sale of additional
equity securities or convertible debt will result in additional  dilution to our
stockholders. The company can give no assurance that it will be able to generate
adequate funds from operations,  that funds will be available to us from debt or
equity financing, or that if available,  the company will be able to obtain such
funds on favorable terms and conditions. If the company cannot secure additional
funds it will not be able to continue as a going concern.  The company currently
has no  definitive  arrangements  with  respect  to  additional  financing.  Our
independent auditors have issued a report questioning our ability to continue as
a  going-concern.  This  report  may  impair  our  ability  to raise  additional
financing and adversely affect the price of our common stock.

Off-Balance Sheet Arrangements

The Company does not have any off balance  sheet  arrangements  that have or are
reasonably  likely to have a  material  current  or  future  effect on the small
business  issuers  financial  condition,  or  changes  in  financial  condition,
liquidity or capital resources or expenditures.

                                       8

<PAGE>


Item 3.   Controls and Procedures

Our Chief Executive  Officer and Chief Financial Officer conducted an evaluation
of the  effectiveness of our disclosure  controls and procedures.  Based on this
evaluation,  our Chief Executive  Officer and Chief Financial  Officer concluded
that our disclosure  controls and procedures  were effective as of September 30,
2003 in alerting him in a timely manner to material  information  required to be
included in our SEC reports. In addition, no change in our internal control over
financial  reporting occurred during the fiscal quarter ended September 30, 2003
that has materially affected,  or is reasonably likely to materially affect, our
internal control over financial reporting.


                           PART II - OTHER INFORMATION

Item 1.      Legal Proceedings.

None

Item 2.      Changes in Securities.

None

Item 3.      Defaults Upon Senior Securities.

None


                                       9

<PAGE>

Item 4.   Submission of Matters to a Vote of Security Holders.

None

Item 5.   Other Information

None

Item 6.   Exhibits and Reports on Form 8-K.

EXHIBITS
DESCRIPTION

3.1  Articles of Incorporation (1)

3.2  Certificate of Amendment to Articles of Incorporation,  as filed on May 15,
     2000.(1)

3.3  Certificate  of Amendment to Articles of  Incorporation,  as filed on March
     13, 2001. (1)

3.4  Certificate of Amendment to Articles of  Incorporation,  as filed on May 5,
     2003. (1)

3.5  Bylaws.(2)

21   Subsidiaries
        o AMOL,  Inc. - Incorporated in Delaware

31   Certificate  of the Chief  Executive  Officer and Chief  Financial  Officer
     Pursuant to Rule 13a-14(a) or Rule 15d-14(a) as adopted pursuant to section
     302 of the Sarbanes Oxley Act of 2002.

32   Certificate  of the Chief  Executive  Officer and Chief  Financial  Officer
     Pursuant  to 18 U.S.C  Section  1350 as adopted  pursuant to Section 906 of
     Sarbanes-Oxley Act of 2002.

                                       10

<PAGE>


(1)  Incorporated  herein by reference to the exhibits in the  Company's  Annual
     Report on Form 10-KSB for the year ended March 31, 2003.

(2)  Incorporated herein by reference to the Company's Registration Statement on
     Form 10SB 12G/A  filed  with the  Securities  and  Exchange  Commission  on
     February 28, 2000.

REPORTS ON FORM 8K:

None

                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


                                                 Edison Renewables, Inc.



                                                 By: /s/ Paul Steo
                                                 -------------------------------
                                                 Paul Steo, President

                                                 Date: November 14, 2003


                                       11