"Auction Results -- Notice of Auction 6-01-3"

Results Released September 26, 2001

Company	Technology	Capacity (MW)	Incentive (cents/kWh)	Location	Estimated On-Line Date	Total Estimated Generation over 5 years (kWhs)	Total Contingent Award (includes potential 10% bonus)*
Successful Bidders
Mesquite Lake Resource Recovery Facility	Waste Tire	30.000	0.650	Imperial County	02/01/02	1,011,526,354	$ 7,232,413.43
Oak Creek 4 Project	Wind	27.900	0.700	Kern County	06/01/02	395,000,000	$ 3,041,500.00
Jawbone Project	Wind	52.500	0.710	Kern County	10/01/02	865,000,000	$ 6,755,650.00
Altamont Winds Inc.	Wind	50.400	0.720	Alameda County	08/31/02	630,000,000	$ 4,989,600.00
Deetricity Project	Wind	18.000	0.720	Kern County	07/01/02	255,000,000	$ 2,019,600.00
Oak Creek 3 Project	Wind	5.400	0.730	Kern County	03/01/02	52,500,000	$ 421,575.00
Alta Mesa Phase VII	Wind	15.000	0.740	Palm Springs	05/01/02	289,080,000	$ 2,353,111.20
High Winds Power LLC	Wind	80.000	0.740	Solano County	12/01/02	1,337,142,857	$ 10,000,000.00
El Dorado Irrigation District**	Small Hydro	21.000	0.800	El Dorado County	04/19/02	499,320,000	$ 3,186,550.37
Total Successful Bidders		300.200	0.750			5,334,569,211	$ 40,000,000.00
Unsuccessful Bidders***
FuturePlex Associates LLC	Wind	6.000	0.900	San Francisco County	04/01/02	80,000,000	$ 792,000.00
Whitewater Energy Corporation	Wind	66.000	0.910	Riverside County	05/15/02	998,000,000	$ 9,989,980.00
Dos Vaqueros Windfarm	Wind	18.000	0.920	Alameda County	06/01/02	260,172,000	$ 2,632,940.64
Buena Vista Windfarm I	Wind	30.000	0.920	Alameda County	06/01/02	394,200,000	$ 3,989,304.00
Oasis Power Partners LLC	Wind	39.000	0.920	Palm Springs	06/01/02	552,517,290	$ 5,591,474.97
MRWMD - Monterey Peninsula Landfill	Landfill Gas	1.040	0.940	Monterey Co.	12/22/01	43,274,400	$ 447,457.30
Reliant Power - San Leandro	MSW	3.150	0.950	San Leandro	06/28/02	124,173,000	$ 1,297,607.85
Reliant Power - Davis Street	MSW	3.150	0.950	San Leandro	06/28/02	124,173,000	$ 1,297,607.85
Reliant Power - Hanford	MSW	2.000	0.950	Hanford	06/28/02	79,200,000	$ 827,640.00
Idaho Energy Ltd. Partnership - Madera	Biomass	28.500	0.960	Madera County	06/01/01	908,762,400	$ 9,596,530.94
Salinas Valley - Crazy Horse Landfill	Landfill Gas	1.786	0.960	Monterey Co.	12/31/02	71,957,719	$ 759,873.51
Salinas Valley - Johnson Canyon Landfill	Landfill Gas	0.583	0.960	Monterey Co.	12/31/01	31,976,111	$ 337,667.73
Salinas Valley - Lewis Road Landfill	Landfill Gas	0.583	0.960	Watsonville	12/31/02	23,504,657	$ 248,209.18
Mammoth Pacific, L.P. - Casa Diablo	Geothermal	15.000	0.980	Mono County	08/08/02	625,000,000	$ 6,737,500.00
Joseph M. Keating	Small Hydro	0.990	0.980	Inyo County	06/01/02	20,580,000	$ 221,852.40
Coram Inc.	Wind	13.500	0.990	Kern County	06/30/02	230,676,500	$ 2,512,067.09
City of Dunsmuir	Small Hydro	0.100	0.995	Dunsmuir	05/15/02	5,400,000	$ 59,103.00
Capitol Power	Biomass	15.100	1.000	Amador County	11/15/01	588,900,000	$ 6,477,900.00
Co. of San Diego - Jamacha Landfill	Landfill Gas	0.300	1.000	San Diego County	06/14/01	10,402,500	$ 114,427.50
Co. of Santa Cruz, Buena Vista Landfill II	Landfill Gas	1.031	1.000	Watsonville	02/15/02	37,596,165	$ 413,557.82
Environmental Applied Sciences, Inc. - Pt. Sur	Wind (offshore)	4.500	1.000	Monterey Co.	06/30/02	726,300,000	$ 7,989,300.00
Environmental Applied Sciences, Inc. San Onofre	Wave Energy	4.500	1.000	San Diego County	06/30/02	726,300,000	$ 7,989,300.00
Georgetown Divide Hydro Partners	Small Hydro	1.000	1.090	El Dorado County	05/31/02	20,000,000	$ 239,800.00
Blue Lake Power	Biomass	10.850	1.100	Blue Lake	09/26/01	438,774,000	$ 5,309,165.40
Ridgewood Power - Olinda Landfill	Landfill Gas	2.400	1.100	Orange County	09/01/01	96,710,400	$ 1,170,195.84
Trinity Meadows LP	Small Hydro	0.135	1.150	Montgomery Creek	01/01/02	3,885,000	$ 49,145.25
West Contra Costa Sanitary Landfill	Landfill Gas	1.200	1.190	Contra Costa County	07/15/02	45,937,440	$ 601,321.09
Sonoma County Landfill Gas Facility	Landfill Gas	1.500	1.200	Petaluma	03/31/02	62,500,000	$ 825,000.00
Idaho Energy Ltd. Partnership - El Nido	Biomass	12.500	1.240	Merced County	05/01/02	404,712,000	$ 5,520,271.68
PowerCom Energy - Mojave I	Wind	15.000	1.290	Kern County	07/01/02	249,660,000	$ 3,542,675.40
PowerCom Energy - Tehachapi I	Wind	6.000	1.290	Kern County	07/01/02	99,684,000	$ 1,414,515.96
Gas Recovery Systems, Inc. - San Marcos Landfill	Landfill Gas	2.300	1.300	San Marcos	07/01/02	85,629,000	$ 1,224,494.70
Gas Recovery Systems, Inc. - Sycamore Landfill	Landfill Gas	2.300	1.300	San Marcos	07/01/02	85,629,000	$ 1,224,494.70
Pacific Lumber Company	Biomass	4.000	1.360	Scotia	10/01/01	175,200,000	$ 2,620,992.00
Mountain View III South	Wind	3.600	1.390	Palm Springs	11/30/02	61,495,200	$ 940,261.61
Microgy - LU/AR Dairy	Digester Gas	1.462	1.400	Kings County	10/01/02	33,200,000	$ 511,280.00
Microgy - Droogh Dairy	Digester Gas	1.462	1.400	Kings County	09/01/02	38,180,000	$ 587,972.00
Microgy - Double "O" Dairy	Digester Gas	1.696	1.400	Kings County	08/01/02	45,650,000	$ 703,010.00
Mountain View III North	Wind	13.800	1.440	Palm Springs	11/30/02	235,731,600	$ 3,733,988.54
Total Unsuccessful Bidders		336.018	1.137			8,845,643,382	$ 100,541,885.95

*Pursuant to the rules for Notice of Auction 6-01-3, expected payouts were calculated including a 10% bonus for projects coming on-line on or before June 1, 2002.

**The final accepted bidder falls under Rule 9 of NOA 6-01-3, which states: "If a bid or group of bids under consideration causes the expected total payouts to exceed the funds available, the auction will be closed by: reducing the projected generation amounts in the bids under consideration by a percentage amount that will result in the expected total payouts being equal to the funds available, giving those bidders the option of withdrawing their reduced bids from consideration, including bids that are not withdrawn as winning bids, and closing the auction."

***Bids were unsuccessful because the incentive bid was too high, the bid did not meet the eligibility requirements contained in NOA 6-01-3, or a combination of the two. Individual bidders will be notified in writing of the reason(s) for unsuccessful bids.