Morning Report for October 18, 1999

                       Headquarters Daily Report

                         OCTOBER 18, 1999

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                    REPORT             NEGATIVE            NO INPUT
                    ATTACHED           INPUT RECEIVED      RECEIVED

HEADQUARTERS                           X
REGION I            X
REGION II                              X
REGION III          X
REGION IV                              X
PRIORITY ATTENTION REQUIRED  MORNING REPORT - REGION III  OCTOBER 18, 1999

Licensee/Facility:                     Notification:

Wisconsin Electric Power Co.           MR Number: 3-99-0084
Point Beach 1                          Date: 10/18/99
Two Rivers,Wisconsin                   phone call from resident inspectors
Dockets: 50-266
PWR/W-2-LP

Subject: START OF UNIT 1 REFUELING OUTAGE

Discussion:

Late Friday night, October 15, 1999, the licensee tripped the main
turbine and early Saturday morning, October 16, the licensee tripped the
reactor to start the Unit 1 refueling outage. The outage is scheduled for
45 days and will include modifications to the safety-related service
water system and to the reactor cavity drain barrel, replacement of the B
train reactor coolant pump motor, and maintenance on safety-related
electrical buses.

Regional Action:

None

Contact:  Roger Lanksbury, RDL       (630)829-9631
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REGION I  MORNING REPORT     PAGE  2          OCTOBER 18, 1999

Licensee/Facility:                     Notification:

Vermont Yankee Nuclear Power Corp.     MR Number: 1-99-0040
Vermont Yankee 1                       Date: 10/18/99
Vernon,Vermont                         SRI FAX
Dockets: 50-271
BWR/GE-4

Subject: VERMONT YANKEE HAS ACCEPTED A BID FROM AMERGEN FOR SALE OF
         THE PLANT


Discussion:

On October 15, 1999, the owners of Vermont Yankee accepted a bid from
Philadelphia-based AmerGen Energy Company for purchase of the plant.  The
parties expect an execution of a binding purchase and sale agreement
during the week of October 18, 1999.

Before final closing, the deal will require numerous regulatory approvals
including the FERC, the NRC, the Securities and Exchange Commission, and
the Vermont Public Service Board.  The sale has been the subject of
negotiations between Vermont Yankee's owners and AmerGen since February.

The asset purchase agreement provides that AmerGen will offer employment
to substantially all present Vermont Yankee personnel at the time of the
ownership transfer and will recognize the International Brotherhood of
Electrical Workers Union Local 300 as the bargaining agent for
transferred bargaining unit employees.

Regional Action:

This Is For Informational Purposes Only.

Contact:  Brian McDermott            (802)257-4319
          Robert Summers             (610)337-5282
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