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Greetings, Kari. =20 Today's installment includes: Background on Nord Pool Information on the status of de-regulation in Pennsylvania. The rumors regarding securitization of utilities' power purchase costs had = a=20 very positive effect on the utilities' stock today. Congratulations. Ther= e=20 is conflicting information floating around, though. =20 Some wires stories say that a state senator will sponsor a securitization= =20 bill. Others say that it will be the Governor's bill. Is securitization= =20 legislation something that the Governor intends to sponsor/support?=20 Though there are clearly some challenges to securitization, we think it=20 offers a promising option. Hope the information is useful. Best,

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PennFuture's E-cubed -- Price, Policy and Misperception