PP&L, Inc., a subsidiary of Allentown, PA-based PP&LResources, said it expects to sign an agreement to providewholesale electric power marketing, trading and risk-managementservices on a “round- the-clock” basis to Energy New England LLC,an energy cooperative organization formed to provide energy andrelated services to public power entities in New England. ENErepresents about 700 MW of peak load and 850 MW of energy supply.It is the largest wholesale aggregator of public power system loadand generation assets in the New England region.

PP&L will work to optimize purchases and sales of energy andenergy products to reduce overall ENE supply costs and enhance thevalue of ENE supply assets. “This agreement will enable ENE toobtain favorable energy prices for its customers in the new NEPOOLcompetitive wholesale market structure,” said Energy New EnglandCEO Rick Zimbone. “With its power brokering and other energy andmanagement services options, ENE is assisting municipal systems tostay competitive in the evolving energy marketplace.”

PP&L will manage the marketing of electricity from EnergyNew England’s generating resources and also buy electricity for theENE alliance from the New England Power Pool or neighboring pools,when that is appropriate.

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