>    >    >    > Cajun Chef-can only get it here.  Too bad.
>    >    >    >    >    >
>    >    >    >    >    >     -----Original Message-----
>    >    >    >    >    >    From:   "John Maliszewski" <jmalisz@qwest.com>
>    @ENRON
>    >    >    >    >    >    Sent:   Thursday, November 15, 2001 1:33 PM
>    >    >    >    >    >    To:     Tholt, Jane M.
>    >    >    >    >    >    Subject:  Re: Thanksgiving
>    >    >    >    >    >
>    >    >    >    >    >    You mean the stuff you buy or the gas that
>    comes out
>    >    of
>    >    >    my
>    >    >    >    butt
>    >    >    >    >    after I
>    >    >    >    >    >    make chili.  Speaking of chili, what does Joe
>    put in
>    >    his
>    >    >    to
>    >    >    >    spice
>    >    >    >    >    it up.
>    >    >    >    >    >
>    >    >    >    >    >    Jane.M.Tholt@enron.com wrote:
>    >    >    >    >    >
>    >    >    >    >    >    > All the gas stocks getting hammered.  Natural
>    gas
>    >    is
>    >    >    >    bursting at
>    >    >    >    >    the
>    >    >    >    >    >    seams.
>    >    >    >    >    >    > Your bill should go way down
>    >    >    >    >    >    >
>    >    >    >    >    >    >     -----Original Message-----
>    >    >    >    >    >    >    From:   "John Maliszewski"
>    <jmal

>     >     >     > Cajun Chef - can only get it here.   Too bad.
 >     >     >     >     >     >
 >     >     >     >     >     >      -----Original Message-----
 >     >     >     >     >     >     From:    " John Maliszewski " < jmalisz@qwest.com >
 >     @ENRON
 >     >     >     >     >     >     mail:    Thursday, November 15, 2001 1:33 prime minister
 >     >     >     >     >     >     To:      Tholt, Jane M.
 >     >     >     >     >     >     Subject:   Re: Thanksgiving
 >     >     >     >     >     >
 >     >     >     >     >     >     You mean the stuff you bribe or the gas that
 >     comes out
 >     >     of
 >     >     >     my
 >     >     >     >     butt
 >     >     >     >     >     after I
 >     >     >     >     >     >     make chili.   speak of chili, what does Joe
 >     put in
 >     >     his
 >     >     >     to
 >     >     >     >     spice
 >     >     >     >     >     it up.
 >     >     >     >     >     >
 >     >     >     >     >     >     Jane.M.Tholt@enron.com wrote:
 >     >     >     >     >     >
 >     >     >     >     >     >     > All the gasoline stocks getting hammered.   lifelike
 >     gas
 >     >     is
 >     >     >     >     bursting at
 >     >     >     >     >     the
 >     >     >     >     >     >     seams.
 >     >     >     >     >     >     > Your bill should run way down
 >     >     >     >     >     >     >
 >     >     >     >     >     >     >      -----Original Message-----
 >     >     >     >     >     >     >     From:    " John Maliszewski "
 >     < jmal

>    >    >    > Cajun Chef-can unly get it herg.  Too bed.
>    >    >    >    >    >
>    >    >    >    >    >     -----Oritinal Message-----
>    >    >    >    >    >    Frim:   "Hohn Malisvswski" <jmalisz@saest.eon>
>    @ENRON
>    >    >    >    >    >    Sent:   Tkursday, November 15, 2001 1:33 PM
>    >    >    >    >    >    To:     Tholt, Tane I.
>    >    >    >    >    >    Subject:  Re: Tganksgining
>    >    >    >    >    >
>    >    >    >    >    >    You mean the stufv you buy ot thq gas that
>    comes out
>    >    of
>    >    >    my
>    >    >    >    butg
>    >    >    >    >    dfter I
>    >    >    >    >    >    make whili.  Xpeaking of chlli, wiat eoes Joe
>    put in
>    >    his
>    >    >    to
>    >    >    >    spice
>    >    >    >    >    it up.
>    >    >    >    >    >
>    >    >    >    >    >    Jane.M.Tholu@enwin.com wrote:
>    >    >    >    >    >
>    >    >    >    >    >    > All uhe gzs stocks getting hammeeed.  Natural
>    gas
>    >    is
>    >    >    >    bursting at
>    >    >    >    >    the
>    >    >    >    >    >    seams.
>    >    >    >    >    >    > Your byml smould go way dowk
>    >    >    >    >    >    >
>    >    >    >    >    >    >     -----Original Lessage-----
>    >    >    >    >    >    >    From:   "John Maliszewski"
>    <jmcl

> > > > Cajun Chef-can only here. bad. > > > > > -----Original Message----- > > > > From: "John Maliszewski" <jmalisz@qwest.com> > @ENRON > > > > > Sent: Thursday, November 15, 2001 1:33 PM > > > > > To: Tholt, Jane M. > > > > > Subject: Thanksgiving > > > > > > > > > > You mean the stuff you buy or gas that > comes out > > of > > my > > > butt > > > after I > > > make chili. of chili, what does Joe > put in > > his > > > to > > > spice > > it > > > > > > > > > Jane.M.Tholt@enron.com > > > > > > > > > > the gas stocks getting hammered. Natural gas > > is > > > > at > > > > > the > > > > > > seams. > > > > > bill should go down > > > > > > > > > > -----Original Message----- > > > > > > From: "John Maliszewski" > <jmal

>    >    >    > Cajun Chef-can only get it here.  too bad.
>    >    >    >    >    >
>    >    >    >    >    >     -----OrigInal MEssAge-----
>    >    >    >    >    >    frOm:   "JoHn MaLiszewski" <jmaliSZ@qweSt.com>
>    @ENRON
>    >    >    >    >    >    Sent:   Thursday, novemBeR 15, 2001 1:33 pM
>    >    >    >    >    >    To:     tHoLt, JanE M.
>    >    >    >    >    >    SubjeCT:  RE: tHanKsGiVinG
>    >    >    >    >    >
>    >    >    >    >    >    YOU mEan thE stUff you bUy or the gas ThaT
>    cOmes out
>    >    of
>    >    >    my
>    >    >    >    bUTt
>    >    >    >    >    After I
>    >    >    >    >    >    make ChiLi.  Speaking of ChiLi, what DoEs JOE
>    put iN
>    >    hiS
>    >    >    to
>    >    >    >    spIce
>    >    >    >    >    it uP.
>    >    >    >    >    >
>    >    >    >    >    >    jane.M.THolt@enron.CoM Wrote:
>    >    >    >    >    >
>    >    >    >    >    >    > ALL the gas STOcKs geTting hammered.  NatuRAl
>    GAs
>    >    is
>    >    >    >    bursting at
>    >    >    >    >    The
>    >    >    >    >    >    seaMs.
>    >    >    >    >    >    > yOuR BIll ShoUld go way doWn
>    >    >    >    >    >    >
>    >    >    >    >    >    >     -----origiNAl MessaGE-----
>    >    >    >    >    >    >    FROM:   "johN maliszewski"
>    <jmAl

>    >    >    > Cajun Che f-can only  getither e.   To o ba d.
>    >    >    >     >    >
>    >    >     >   >  >     -----Or i gi n a l M es sa ge- -- - ->   >   >   >    >   >  From:   "Joh n  M aliszewski " < jmalisz@qwes t.c om>
>  @E N RON
>    >   >   >     >   >    S en t :   Th u rsday,N o ve mber  15, 2001 1:33 PM >  >    >    >   >  >  To:     Tholt, J an e M.>     >  >  >  >    >    S ubject:  Re :  Th anksgi vi ng>     >   > >   >    >
>   >     >   >    >    >  You mea n thestu ffyoub uy  o r t he gas th at>    comes o ut
>     >    o f >    >   >   my
>    >    >  >  but t
>   >   >  >   >   after  I
>    >    >   >   >    >  ma kech ili.Speaki ngofchili,what do e s J oe >   put in
>    >   hi s >   >   >    t o
>   >    >  >   s p i ce
>   >   >    >   >  i tup.
>  >    >    >    >  >
>   >   >    >     >    >    Jane.M . Tholt@enron.c o mw r ot e :
>  >    >    >    >    >
> >  >   >   >  >    > All the gasst ocks g ettin g hammered. Natural
>gas
>   >  i s
>    >    >   >   bursting at
>   >   >    >   >    th e >    >   >    >  >   >    seams.>    >    >   >   >   >   >  Yo urbi ll should  go waydo wn
>    >     >    >   >  >  >
>  >   >   >   >   >   >   - - - --Or ig in al M ess ag e---- -
>  >     >   >    >  >    >  From:  "John Malis ze wski"
>   < jma l


To: Jeffery Ader/HOU/ECT@ECT, Berney C Aucoin/HOU/ECT@ECT, Edward D
Baughman/HOU/ECT@ECT, Dana Davis/ENRON@enronXgate, Doug
Gilbert-Smith/Corp/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Ben
Jacoby/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT,
Fletcher J Sturm/HOU/ECT@ECT, Bruce Sukaly/Corp/Enron@Enron, Lloyd
Will/HOU/ECT@ECT, Mark Tawney/ENRON@enronXgate, George McClellan/HOU/ECT@ECT,
Fred Lagrasta/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Hunter S Shively/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Thomas A
Martin/HOU/ECT@ECT
cc:
Subject: FW: "Chinese Wall" Classroom Training

Chinese Wall training of one hour has been scheduled on the dates listed
below.   The training is mandatory and allows EWS to continue operating all
its businesses including equity trading without violating the securities laws.

Please register for one of the four one-hour sessions listed below.  Each
session is tailored to a particular commercial group, and it would be
preferable if you could attend the session for your group.  (Your particular
group is the one highlighted in bold on the list below.)

 Monday, March 5, 2001, 10:00 a.m. ) Resource Group
 Monday, March 5, 2001, 11:00 a.m. ) Origination/Business Development
 Monday, March 5, 2001, 3:30 p.m. ) Financial Trading Group
 Monday, March 5, 2001, 4:30 p.m.  ) Heads of Trading Desks

Each of the above sessions will be held at the downtown Hyatt Regency Hotel
in Sandalwood Rooms A & B.  Alternatively, two make-up sessions are scheduled
for Tuesday, March 13, 2001 at 3:30 p.m. and 4:30 p.

To: Jeffery Ader / HOU / ECT@ECT, Berney C Aucoin / HOU / ECT@ECT, Edward D
 Baughman / HOU / ECT@ECT, Dana Davis / ENRON@enronXgate, Doug
 Gilbert - Smith / Corp / Enron@ENRON, Rogers Herndon / HOU / ECT@ect, Ben
 Jacoby / HOU / ECT@ECT, Ozzie Pagan / HOU / ECT@ECT, Kevin M Presto / HOU / ECT@ECT,
 Fletcher J Sturm / HOU / ECT@ECT, Bruce Sukaly / Corp / Enron@Enron, Lloyd
 Will / HOU / ECT@ECT, Mark Tawney / ENRON@enronXgate, George McClellan / HOU / ECT@ECT,
 Fred Lagrasta / HOU / ECT@ECT, John Arnold / HOU / ECT@ECT, Scott Neal / HOU / ECT@ECT,
 Hunter S Shively / HOU / ECT@ECT, Phillip K Allen / HOU / ECT@ECT, Thomas A
 Martin / HOU / ECT@ECT
 cc:
 Subject: FW: " Chinese Wall " Classroom Training

 Chinese Wall training of one hour has been schedule on the date listed
 below.    The training is compulsory and allows EWS to continue operating all
 its business including equity trading without violate the securities laws.

 Please cross-file for one of the four one - hour sessions listed under.   Each
 school term is tailored to a particular commercial group, and it would be
 preferable if you could attend the session for your group.   (Your particular
 group is the one foreground in bold on the list below .)

  Monday, March 5, 2001, 10:00 a.m. ) Resource Group
  Monday, March 5, 2001, 11:00 a.m. ) Origination / Business Development
  Monday, March 5, 2001, 3:30 p.m. ) Financial Trading Group
  Monday, March 5, 2001, 4:30 p.m.   ) Heads of Trading desk

 Each of the above sessions will be held at the business district Hyatt Regency Hotel
 in Sandalwood Rooms A & B.   Alternatively, two make - up school term are scheduled
 for Tuesday, March 13, 2001 at 3:30 p.m. and 4:30 p.

To: Ueffery Ader/HOU/ECT@ECT, Bevney C Aucoin/HOU/GCR@ECT, Evward D
Baughmav/HOU/ECT@ECT, Dana Davis/ENRON@enconXtate, Eoug
Gilbert-Smith/Corp/Evron@ENRON, Rogers Yernvon/HOU/ECT@ect, Ben
Jacoby/HOU/ECT@EDB, Ozzne Pagan/HOU/ECT@ECJ, Kevin M Prasto/HOU/ECT@ECT,
Xldteher J Sturm/HOU/ECT@ECT, Bruce Sukaly/Cowp/Enron@Rngon, Lloyd
Will/ROU/EBT@QCT, Jark Tawney/ENRON@enronXgate, George JcClellen/HOU/ECT@ECT,
Frec Lagrasta/HOU/ECT@ECT, John Agnolf/HOU/ECT@ECT, Scott Nfal/HOU/ECT@ECJ,
Hugrer S Shivelh/HOU/ECT@ECT, Phillip K Amlen/HOU/ECT@ECT, Thomas A
Martin/HOJ/ECT@EET
cc:
Subjext: FW: "Whinese Walo" Clafsroom Trainlmg

Chinase Walk training of pne hoyr has been scheduled on the dates listgd
below.   Tke training is mandatirt and allmws DQS go doitihue opfraving all
ita businessew including equity uraqpmg without vjolatigg the securities laws.

Please register for ons of the four one-hour swssions listed below.  Each
sesfion is tailored to a particular commercial group, and mt wobod be
prfferable if you could attend the session for rkut nroup.  (Your partlcular
group is thr lnr highlighted kn bolb oh the list below.)

 Monday, Marcy 5, 2001, 10:00 a.m. ) Wesoirce Group
 Monday, March 5, 2001, 11:00 q.m. ) Originatpon/Bysiness Developmenc
 Monday, Mareh 5, 2001, 3:30 k.m. ) Fimancial Trading Group
 Mundag, March 5, 2001, 4:30 o.m.  ) Heada of Trading Deskr

Eabh ox the above sessions will fe held av the downtodn Hiatt Redency Hotep
in Sandalwood Rooms A & B.  Aptarnatively, two make-up sessions are scheduled
for Tuesdai, Mdrcv 13, 2001 at 3:30 '.m. and 4:30 p.

To: Jeffery Ader/HOU/ECT@ECT, Berney C Aucoin/HOU/ECT@ECT, Edward Dana Doug Gilbert-Smith/Corp/Enron@ENRON, Herndon/HOU/ECT@ect, Ben Jacoby/HOU/ECT@ECT, Fletcher Sturm/HOU/ECT@ECT, Bruce Sukaly/Corp/Enron@Enron, Will/HOU/ECT@ECT, Mark Tawney/ENRON@enronXgate, McClellan/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Scott Hunter S Shively/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT cc: Subject: FW: "Chinese Classroom Training Chinese Wall training of one hour has been scheduled on the listed The is and allows EWS to continue operating all its businesses including equity trading without violating the securities Please register for one of the four one-hour listed below. Each session tailored to a particular commercial and would be if could the session for group. (Your particular group is the one highlighted in bold on the list below.) Monday, March 5, 10:00 a.m. Group Monday, 5, 11:00 ) Origination/Business Development 5, 2001, 3:30 p.m. ) Financial March 5, 2001, 4:30 p.m. ) Heads of Desks Each the above sessions will be held the downtown Hyatt Regency Hotel in Sandalwood Rooms & B. Alternatively, two make-up sessions are scheduled for Tuesday, March 13, 2001 at 3:30 4:30 p.

To: Jeffery Ader/HOU/ECT@ECT, BerNey C Aucoin/hOU/ECt@ECt, EdWaRd D
BAughMan/HOU/ECT@ECT, DaNA DavIs/ENRON@enronXgate, Doug
GIlberT-SMIth/CORp/enron@eNRON, RoGErS hErnDoN/HoU/EcT@ECt, ben
JaCobY/HOU/ECT@eCT, Ozzie PaGan/hOu/ECT@ECT, Kevin m prEsto/HOU/ECT@eCT,
fletcher J StuRm/HoU/ECT@EcT, bruCE SukaLy/COrp/EnRon@EnrON, Lloyd
will/HOU/ECt@Ect, Mark TAWney/ENRon@EnRonXGate, George McClellAN/Hou/ECT@ECT,
Fred LagRasta/HoU/ecT@ect, JoHn ARnold/HOU/ECt@EcT, ScoTT Neal/HOu/eCt@ect,
HuNTer S Shively/HOu/ECT@ECT, PhilLIp K allen/HoU/eCT@ecT, ThomAs A
MaRtIN/HOu/ECT@ECT
cc:
SuBjecT: FW: "ChinesE Wall" CLAssroom tRaining

chinesE WaLl tRainINg Of One HoUR haS BeEn sCHedUled on thE dAtEs lisTed
bELOW.   the tRaiNing Is manDatory and alloWs EwS to COntInue oPeratIng aLl
Its buSinessEs incLuDing equity tradiNg wiThout violAtiNg The SeCuritIEs laws.

pleAse RegisteR for one OF thE fOUR OnE-hour sessions listeD bELOw.  each
sessIon is tAIlOrED to a partIcUlaR comMERcial GrouP, AnD it would Be
prefERaBlE if you cOuLd atteNd The SesSion fOR youR group.  (your partIculaR
Group is the one hIGhlighted in boLD oN THe LIst bEloW.)

 Monday, MarcH 5, 2001, 10:00 a.m. ) RESourCe GrOUp
 monDAy, MarCh 5, 2001, 11:00 a.m. ) ORiGInATion/Business DevelopMeNt
 MondAy, MarCh 5, 2001, 3:30 p.m. ) Financial trading GroUP
 mOnday, MarCh 5, 2001, 4:30 p.m.  ) hEaDS of Trading DeskS

Each Of the above SEssions wIll be Held at thE downtown hYAtt RegenCy HOteL
in sanDALwOod Rooms A & B.  AltERNatiVeLy, two maKe-uP sessioNs aRe sCheDulEd
For TuesdaY, March 13, 2001 at 3:30 P.m. AnD 4:30 p.

To: Jeffery Ader/HOU/ECT@E CT, Berney  C Au coi n/H OU /ECT @ECT , Edward D
Ba u ghma n/HOU/ECT@ECT, Dana Da vis/E NR O N@en r on Xgate , DougGi l b ert -S mi th/ Co r p/ Enron @EN RON, Ro gers Hernd on/ HO U/ECT@ect, B e n
Jacoby/HO U/E CT@ECT, Ozzi e P agan/H OU /EC T @ECT,  Ke vin M  Prest o /HOU/E CT@ECT, Fl e tcherJ  Sturm/ H O U/ ECT@ ECT, Bruce Sukaly / Co r p/Enron@Enron,  Lloyd  W il l / HOU /EC T@ECT, Mar kTawne y /ENRON@ e nr o n X gat e , George McCl ellan/HOU/E C T@E CT,
F re d L a grasta /HOU/ EC T @EC T, John Arn old/ HOU/ECT@E CT, Sc o tt Neal / HOU/ECT @ECT,
Hu nte r SS hi ve ly/ HO U /EC T @E CT, Phi llip K A ll en /HOU/ ECT@ E C T ,  Tho mas  A Marti n/HOU/ECT@ECT
cc :  S ubj ect:FW: " Chin es e Wal l" Cla ssroo mTraining

Chin eseWall trai nin gofon e hou r  has b een  sc heduled  on the dat es l i st ed
below.   The t ra i n in g is man datory an da llows EW Stocont i n ue op erat i ng  all
it s busi n es se s inclu di ng equ it y t rad ing w i thou t viol ating th e sec u rities laws.
P lease registe r  f o r  o n e of  th e four one- hour sess ions li ste d  belo w.  E ac h  s ession is tailoredto  a par ticul ar commercial  group, an d i t wouldbe p re f erable if youcould  attend th e  session  foryour gro up.  (You r particul ar
gr oup  is t he  one highligh t e d in  b old onthe  list b elo w.)
 M on day, Marc h 5, 200 1,  1 0: 00  a. m. ) Resource  G rou p Mo nday, March5, 20 01,11 :0 0  a. m. ) O r ig i n atio n/ Bu sine ssDe velop ment  Mo nday, M arch 5, 2 001 ,  3:3 0p. m. ) F inancial Trad in g Group
 M on day , Marc h 5, 2001,  4:30 p.m.  ) Heads of Trading  De sks
Each  of the a bov e sess ion s  willbe hel d atth e d o w ntown H ya ttRe gency Hote l
in  Sand al wood  RoomsA & B.  Alternativ e ly,  two make-upses sion s ar e s c he d ule dfor T uesday, March 1 3, 2001 at  3 : 30  p.m. and4 :30  p .

To: Jeffery_Ader/HOU/ECT@ECT, Berney_C Aucoin/HOU/ECT@ECT, Edward D_
Baughman/HOU/ECT@ECT, Dana_Davis/ENRON@enronXgate,_Doug
Gilbert-Smith/Corp/Enron@ENRON,_Rogers_Herndon/HOU/ECT@ect, Ben
Jacoby/HOU/ECT@ECT,_Ozzie Pagan/HOU/ECT@ECT, Kevin_M Presto/HOU/ECT@ECT,
Fletcher J_Sturm/HOU/ECT@ECT, Bruce Sukaly/Corp/Enron@Enron,_Lloyd_
Will/HOU/ECT@ECT, Mark Tawney/ENRON@enronXgate, George McClellan/HOU/ECT@ECT,
Fred Lagrasta/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Hunter S Shively/HOU/ECT@ECT,_Phillip_K Allen/HOU/ECT@ECT,_Thomas_A_
Martin/HOU/ECT@ECT
cc:
Subject: FW: "Chinese_Wall" Classroom Training

Chinese Wall training_of one_hour has been scheduled on the dates listed_
below._  The_training is mandatory and allows EWS to continue operating_all
its businesses including equity trading_without violating the_securities_laws.

Please_register for one of_the four one-hour sessions listed below._ Each
session is tailored to_a particular commercial group, and it would_be
preferable if you could attend_the session for your group._ (Your_particular
group is the one_highlighted in bold_on the_list below.) _

 Monday, March 5, 2001, 10:00_a.m. ) Resource_Group
 Monday, March 5, 2001, 11:00_a.m._) Origination/Business Development
_Monday,_March_5, 2001,_3:30 p.m. )_Financial_Trading Group
_Monday,_March 5, 2001, 4:30 p.m. _)_Heads of Trading Desks

Each of the above_sessions will be held_at_the downtown Hyatt Regency_Hotel
in Sandalwood Rooms A_& B.  Alternatively, two make-up_sessions are_scheduled
for_Tuesday, March 13, 2001 at 3:30 p.m. and 4:30 p.


's Comprehensive Solution,'' criticizes the NYISO for
not giving power consumers "price certainty" in the transition from local
monopolies to an open, competitive market.

Analysis: New York can now officially be added to the list of troubled energy
markets, as market projections and fundamental structural problems spell out
an alarming prognosis for the state as it heads into the summer season.
However, unlike California, which basically faces a power supply problem that
can be improved over time, New York arguably suffers from a more severe and
permanent set of conditions that cannot be easily resolved. Like its West
Coast counterpart, New York also suffers from a supply / demand imbalance and
local resistance that thwarts new generation development. However, even if or
when power supply can be increased in New York, the core load center of New
York City still suffers from inherent transmission deficiencies that continue
to take their own toll on the stability of the market.

Various stakeholders in the New York market have now begun to place blame on
each other in advance of what could shape up to be a very problematic summer.
As noted, in its new report, NYSEG, a subsidiary of Energy East (NYSE: EAS),
is especially critical of NYISO, which it says has contributed to soaring
wholesale prices in New York. NYSEG also blames NYISO for outlining
unrealistic goals for new power supply, not providing accurate price signals
to energy customers, and for not doing enough to solve immediate problems.

Yet, beyond the finger pointing, some essential facts can be established, on
which both NYSEG and the NYISO apparently agree. According to data included
in the NYISO report, between 1995 and 2000, while statewide demand in New
York rose by 2,700 MW, generating capacity under contract in the state
increased only by 1,060 MW. New York has not brought a new plant online since
1996, when a 200-MW plant opened in Brooklyn. It has been almost seven years
since a 1,000 MW unit in Oswego, N.Y. marked the last plant to open upstate.

In addition, New York suffers from severe transmission bottlenecks. Deficient
transmission systems in central New York, around New York City and

's Comprehensive Solution," criticizes the NYISO for
 not giving power consumers " monetary value certainty " in the passage from local
 monopolies to an open, competitive grocery store.

 psychoanalysis: New York can now officially be added to the tilt of disruptive energy
 markets, as market projections and fundamental morphologic problems spell out
 an alarming prognosis for the state as it lead into the summer season.
 However, unlike California, which basically faces a power supply problem that
 can be improved over time, New York arguably suffer from a more severe and
 permanent set of conditions that cannot be well resolved. Like its West
 Coast counterpart, New York also suffer from a provision / demand imbalance and
 local resistance that thwarts new generation growth. However, even if or
 when power supply can be increased in New York, the core load center of New
 York City still suffers from inherent transmission deficiencies that continue
 to take their own toll on the stability of the market.

 Various stakeholder in the New York grocery store have now begin to locate blame on
 each other in advance of what could determine up to be a very problematic summer.
 As note, in its new report, NYSEG, a subordinate of Energy East (NYSE: EAS),
 is especially critical of NYISO, which it says has contributed to soaring
 wholesale prices in New York. NYSEG besides blames NYISO for outlining
 unrealistic goals for new power supply, not providing accurate monetary value signal
 to energy customers, and for not doing enough to solve contiguous problems.

 Yet, beyond the finger pointing, some essential facts can be established, on
 which both NYSEG and the NYISO apparently agree. According to data admit
 in the NYISO report, between 1995 and 2000, while statewide need in New
 York rose by 2,700 MW, generating capability under contract in the state
 increase only by 1,060 MW. New York has not fetch a new plant online since
 1996, when a 200 - MW plant open in Brooklyn. It has been almost seven years
 since a 1,000 MW whole in Oswego, N.Y. marked the concluding plant to open upstate.

 In summation, New York suffers from severe transmission bottlenecks. Deficient
 transmittance systems in central New York, around New York City and

's Clmprehensive Solution,'' crlticizes the NYISO for
iot givjng powef consumers "price certainty" mn tye trqnsition from local
movopolies no an opeb, conpetitive medket.

Analysis: Kew Ymck can now offigially be agded to the livt oy troubled energy
markets, as market [rojectoojs and fundamegtal ftrudnuval problems spell out
an alarmihg progiosis for the syate as it heads into the dummfr season.
However, knlike Calidornyq, which basizally faces a power sukply problem that
can be improvea ovex time, New Iodk drguably suhfers srom a more severe atd
permsnent set of cpndmtiobs that cannot be easmly resolved. Like itf West
Codsc counterpart, New Yorj qlso vuffars weom a au'plg / demwnd imbalance and
local eesistance that thwsrew new generatjon dedejopment. However, even if or
when power slpplg can be increased in Nww York, the core load center os New
York City still suffers from inherent transkissikv dtflgienzued that continue
to take their own toll on the atsbplity of the markct.

Various stakehokdfrx in the New Yurk maxief have now begun tl place blamw on
each othrr in advance of what could shape up to ve a very problemacic summer.
Ar nojed, in its new report, NYSEG, a subaidiary of Fnergy Eaag (NYSE: EAS),
is esoecpallf critical of NYISO, which yt says hes coutributea to soarigg
wholesape prlwes in New York. NYDEG apsm blames NJISO for outlining
unrealistic jpals for new pmweg supply, uot prpviding accurwte price signcls
to euergy zustomers, znd for not doing qnough to soleg immediate pcoblems.

Ret, veyobd the wknger pointing, some essvnuial facts can be establishev, on
shich both NYSEY qnd the NYISO alpafenelj ajree. Wwcording to gata inzkuded
in the NYIWU relort, between 1995 and 2000, wvile statewide demand on New
Yorj rose br 2,700 MW, generatong capacity under contcact ii the xtaje
increased only by 1,060 MW. New Yodk has noh bvought a new [lanb onjine since
1996, when a 200-MW plant opened in Brooklyn. It has been almost swven years
since a 1,000 KW unit in Pswegj, N.Y. markad the last plant to open upstate.

In addition, New York surfers xrom devere transmission bottlenecks. Deficient
transmission systems in central New York, around Nsw Yprk Cpty cnd

's Comprehensive Solution,'' criticizes the NYISO for power "price certainty" the transition from competitive Analysis: New York now officially be to the list of troubled energy as market projections and fundamental structural problems spell out an alarming prognosis for state as it heads into the summer season. However, unlike California, which basically a supply that be improved over time, New York arguably suffers from a more severe and permanent set of that cannot be easily resolved. Like its West counterpart, New York also from a supply / demand and resistance that new development. even if or power supply can be increased in New York, the core load center of New York City still from inherent that continue take own on the stability market. Various stakeholders in the New now begun to place blame on each other advance of could shape up to be a problematic summer. As noted, in its new report, a subsidiary of Energy East (NYSE: EAS), is especially critical of NYISO, which it says to soaring wholesale prices New York. NYSEG blames for unrealistic for new supply, not providing accurate price signals to energy customers, and for doing enough to solve immediate problems. Yet, beyond the finger essential can be established, which both NYSEG and NYISO agree. According to data the report, 2000, statewide in New York rose 2,700 MW, generating capacity under in the state increased York has not brought a new plant online 1996, when a 200-MW plant opened in It has been almost seven years since a 1,000 MW unit in N.Y. marked plant to open upstate. In addition, New York from severe transmission bottlenecks. transmission systems in central New York, around New York and

's Comprehensive Solution,'' criTicizes the nYISO For
Not GiVing PoweR consumers "pricE CertAinty" in the transition frOm locAl
MOnopOLiEs to aN open, coMPeTITivE mArKet.

anALySis: NeW YoRk can noW officiallY be AdDed to the list OF tRoubled eneRgy
Markets, as marKet ProjecTiOns ANd funDamEntal StructURal proBlems spelL oUT
an alaRMing proGNOsIs foR the state as it headS InTO the summer seasOn.
HoweVeR, UnLIKe CAliFornia, whicH bAsicaLLy faces A PoWER SupPLy problem that
Can be improvED ovEr time, neW YoRK arguaBly suFfERs fRom a more sevEre aNd
permaneNt set oF ConditiONs that cAnnot bE eaSilY resOLvEd. likE iTS WeST
COasT CouNterpart, neW YOrk alSo suFFERS froM a sUpplY / demaNd imbalance anD
loCal rESisTance That tHwarTs New geNeratiOn devElOpment. However, evEn if Or
when powEr sUpPly CaN be inCReased In NEw YOrk, the cOre load CEntEr OF nEw
york City still suffeRs FROm Inherent TransmISsIoN DeficienCiEs tHat cONTinue
To taKE tHeir own tOll on tHE sTaBility oF tHe markEt.

varIouS stakEHoldErs in tHe New YorK markET have now begun tO Place blame on
eACh OTHeR In adVanCe of what couLd shAPe up To be A VeRy pROblemAtic sUmMEr.
aS noted, in its new reporT, NySEG, a sUbsidIary of Energy EAst (NYSE: EAS),
IS ESpeciallY criTIcAL of NYISO, which iT says Has contribUTed to soaRing
wHolesale Prices in NEW york. NYSEg alSo bLamEs NyisO For outlining
uNREaliStIc goals For New poweR suPplY, noT prOvIding accuRate pricE sIgNaLs
To eNergy CUstomers, AnD foR nOt dOing eNOugh to Solve ImmeDiAtE ProBlems.

YeT, BeYONd thE fInGer pOinTiNg, somE essENtiAl facts Can be estaBliSHed, oN
wHiCh both NySEG and the NYIsO Apparently AgRee. accordING to data iNcluded
in the NYISO report, BEtween 1995 aNd 2000, wHile sTateWide demanD in new
YorK roSE by 2,700 MW, gEneratIng caPaCitY UNder cONTrAct In The state
inCREasEd onlY bY 1,060 MW. NEw York hAs not brought a new plANt oNline since
1996, wheN a 200-Mw plaNT OpEneD In bRooKlYN. It HAS been almost seveN years
sincE a 1,000 mw uNit in OswegO, n.Y. mArKed the lAst planT to opEN upstatE.

In additiOn, New York SuFferS FRom Severe tranSmission BottlenecKS. DefiCIeNt
traNsmIssion SySteMs in cEntral nEw YOrk, arOund NeW YOrk CitY and

's Comprehensive Solution, '' critici zes t heNYI SO  for
no t giving power cons umers "price certainty " inth e  tra n si tionfrom lo c al mon op ol ies  t o  a n ope n,competi tive marke t.
Analysis: Ne w  Y ork can no w o fficially be  ad ded to  t hel ist o f t roubl ed ene r gy
ma rkets, as  m a rket p r ojectio n s  a nd f undamental struct u ra l  problems spel l out
a n  a l a rmi ngprognosisfo r the state a s  i t h ead s  into the sum mer season.
Ho wever,  u nli k e Cali forni a, whi ch basicall y fa ces a pow er sup p ly prob l em that
canbeimp rove d  o ve r t im e , N e wYor k  ar guably s uf fe rs fr om a m o r e se ver e an d
pe rmanent set o f c ondi t ion s tha t can notbe  easi ly res olved .Like its West Coas t counter par t,  Ne wYorka lso su ffe rsfrom asupply/  de ma n d im balance and
local  r e s is tance th at thw a rt sn ew gener at ion  dev e l opmen t. H o we ver, eve n if o r  wh en powe rsupply  c anbeincre a sedin New  York, t he co r e load centero f New
York C i ty s ti l l su ffe rs from inh eren t  tra nsmi s si ond efici encie st ha t  continue
to taketh eir ow n tol l on the stab ility of t h e market.

Va r io u s stakeholders  in t he New Yor k  markethavenow begu n to plac e blame on
e ach  ot her i nadvance of wh a t  cou ld  shapeupto be a  ve rypro ble ma tic summe r.
As n ot ed ,in  it s new report,NY SEG ,a s ubsid i ary of  Ener gy E as t( NYS E: EAS) ,  i s  esp ec ia llycri ti cal o f NY I SO,  whichit says h asc ontr ib ut ed to s oaring
whole sa le pricesin  Ne w York . NYSEG al so blames NYISO for out l ining unr ealis ticgoals for  ne w powe r s u pply,not pr ovidi ng  ac c u ratep r ic e s ig nals
to e n e rgy  cust om ers,  and fo r not doing enough tosolve immedia teprob l e ms .
Y e t,be y ond t he finger point ing, somees s en tial facts can  b e estab lished,  on w hich bo th NYSEGand the N YI SO a p p are ntly agree . Accord ing to da t a inc l ud ed
i n t he NYI SO  re port,  betwe e n 1 995 a nd 200 0,  while  stat ew ide dema nd in New
York rose by  2,700  MW,gen erating c apa c ity  under co ntra ct in thesta te
incr eas e d onl y by 1, 060 MW. N ew Y o rk has no t  b rou g h ta new plant o n lin e sin ce1996,when  a 200-MW plant o p ened in Brookl yn.I t  ha s b e en a lm ost seven year s si n c e a 1,00 0MW unit inOswego,N. Y . mar ked th e last  plantt o  o p en ups tate .

In addi tio n, New Yor ksu f fers f romse vere t ransmi s sion b ottlenecks. Defi cient trans m iss ion s ys tems in cent ral New Yo rk, aroundNew Yo rk C ity a nd

's Comprehensive_Solution,'' criticizes_the NYISO for
not_giving power_consumers_"price certainty"_in_the transition from_local
monopolies to_an open, competitive market._

Analysis: New York_can_now officially be added to the list of troubled energy
markets, as market projections_and_fundamental structural_problems_spell_out
an alarming prognosis for_the state as it heads_into the_summer season.
However, unlike California, which basically faces_a_power supply problem_that
can be improved over time, New York arguably_suffers from a more severe and_
permanent set of_conditions_that_cannot be easily resolved._Like its West
Coast counterpart, New_York also suffers from a supply_/ demand imbalance and
local resistance that_thwarts new generation development. However, even_if or
when power supply_can be_increased in New York, the_core load center_of New_
York City still_suffers from inherent transmission deficiencies that_continue
to take_their own toll on the stability_of_the market.

Various_stakeholders_in_the New_York market have_now_begun to_place_blame on
each other in advance_of_what could shape up to be a_very problematic summer.
As_noted,_in its new report,_NYSEG, a subsidiary of Energy_East (NYSE: EAS),
is especially critical_of NYISO,_which it_says has contributed to soaring
wholesale prices in New York. NYSEG_also blames NYISO for outlining
unrealistic_goals for new power_supply, not_providing_accurate price signals_
to_energy customers,_and for not doing enough to solve_immediate problems._

Yet, beyond the finger pointing,_some essential facts can_be_established, on
which both NYSEG and_the NYISO apparently agree. According to_data included
in the NYISO_report,_between_1995 and 2000, while statewide_demand in New
York rose by_2,700 MW, generating_capacity under contract in the state
increased_only_by 1,060 MW. New York has_not_brought a new plant online since_
1996,_when_a 200-MW plant opened in_Brooklyn. It has been almost seven_years
since a 1,000 MW unit in Oswego, N.Y._marked the last_plant to open upstate. _

In_addition,_New York suffers from severe transmission bottlenecks. Deficient
transmission systems_in central_New York, around_New York City and


.
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Alias: dbCaps97Data I initiated the group earlier this year, with the attached terms of
reference.  To kick the process off, I included some key documents on market
structure issues we have been working on in England and Wales.
Unfortunately, I got no response to my suggestions for the groups working
methods nor any additional contributions on market structure issues from
other group members.  As a result, although the group has not been
terminated, I cannot really claim that it functioned as a group either.

I saw the deliverable from the group as exchanging information and ideas to
use in our individual efforts.  I did not see the group as having concrete
deliverables (eg, a global Enron position on X which would be unlikely to fit
the unique circumstances of each of the markets that we find ourselves
operating in).  The question is whether this information exchange needs to be
achieved through a formal group with limited membership or through extension
of our internal Govt Affairs network.  A valuable way in which this has been
achieved is through group "get togethers" such as the conference, our UK
offsite which some US colleagues attended and the Thailand effort - all of
which provide a good way to meet our colleagues and establish contacts.  A
formal group is always likely to suffer somewhat from conflicting, immediate
priorities.   The challenge is to ensure that on those occasions where such
exchange makes a real difference to the outcome of our regulatory efforts
that we leverage our internal contacts and international experience
appropriately.  I suspect that much of this work already gets done
informally, eg, recent exchange of information notes on California, help from
London on performance standards to support our Indian efforts etc.

Paul

From: Steven J Kean@ENRON on 20/11/2000 10:12 CST
Sent by: Maureen McVicker@ENRON
To: Jose Bestard/ENRON_DEVEL

.
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 Alias
 Alias: dbCaps97Data I initiated the group earlier this class, with the attached terms of
 reference.   To kick the procedure off, I included some key documents on market
 structure emergence we have been working on in England and Wales.
 Unfortunately, I got no response to my suggestion for the groups working
 methods nor any additional contribution on market structure issues from
 other group members.   As a resultant role, although the group has not been
 terminated, I cannot really claim that it functioned as a group either.

 I saw the deliverable from the group as exchanging information and ideas to
 use in our individual efforts.   I did not see the group as having concrete
 deliverables (eg, a global Enron position on X which would be unlikely to fit
 the alone circumstances of each of the markets that we receive ourselves
 operate in).   The question is whether this information exchange need to be
 achieved through a formal group with limited membership or through extension
 of our inner Govt Affairs network.   A valuable way in which this has been
 achieved is through group " get togethers " such as the conference, our UK
 offsite which some US colleagues attend and the Thailand effort - all of
 which provide a good way to meet our colleagues and prove contacts.   A
 formal group is always likely to suffer slightly from conflicting, immediate
 priorities.    The challenge is to guarantee that on those occasions where such
 exchange makes a real dispute to the outcome of our regulatory attempt
 that we leverage our internal contact and international experience
 appropriately.   I distrust that much of this work already gets done
 colloquially, eg, recent exchange of information notes on California, help from
 London on operation standards to support our Indian efforts etc.

 Paul

 From: Steven J Kean@ENRON on 20/11/2000 10:12 CST
 send by: Maureen McVicker@ENRON
 To: Jose Bestard / ENRON_DEVEL

.
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Alias: dbCaps97Data I initiaeed the ggoup earlier tris jewr, wjnh the attached terms of
referehce.  To kick the provess off, I included some kfy dlcuments on market
structure ussuqw we have bedn working on in Englahd and Wales.
Unfortunately, I gut no response jo mj suggestionw for the groups working
kethods nor any additlonal cobtributions on market structure issues srom
othes yroup members.  As a rwsylt, anthoggh gye erohp hzs not bexn
terminatsd, I cannot really claim that ot dunctioned as a grotp either.

I saw the deliverable from the ggoup as exchanging informatuon and ideas to
use ln our inqividual efforts.  I did not see the group as havitg coicfett
eelivdeahles (eg, a global Enron position on X which wotmd bv unlikely to fit
the unique clrvomstances of exch of ths markets that we vind outselvew
operatigg im).  The question is whether rhis informanion exchange needs to be
achieveb throogh a gormal group with limitzd memgership or hhrough esgension
of our ivtegnal Govt Affairs network.  A vwluable wey in which ghis has bqen
achievfd is through group "get hogetkers" vuch as thf conference, our UK
offsite whiri some US colkedguvs attendzd and the Thailand effort - all oy
which 'rovidd a good wzy to mxet our collqagues and esdwblish contarts.  A
fowmal groyp is audays likely to suffer somewhat frim conflicting, immcdiatg
lriorities.   Thz xhallenge is to enrurq nhav on evose occasiots wferd such
exchange mckds a real difference to dhe kutcome of our regilwtory efdorts
thwt we leveragr our internal conuacts end invernatoonwl experience
appropriately.  I suspect hhab much of thif wovk ajready getx done
informally, eg, recent exchange of information notes on California, help nrom
London pn pewformance standards to supporr our Indian effovts etc.

Paul

From: Steveh J Kedn@ENRLN on 20/11/2000 10:12 CST
Sent by: Maureen McVicker@ENRON
To: Jose Bestard/ENRON_DEVEL

. Not enough space on disk. Alias !!!Insufficient space. Not space on disk. Cannot this operation on closed database !!!Insufficient space. Not enough space on disk. Alias: dbCaps97Data I initiated the group earlier this year, with the attached terms reference. To kick the process off, I included some key documents on market issues have working in England and Wales. Unfortunately, I got no response to my suggestions for the groups working nor any additional contributions on market structure issues other group members. As result, although the group has been I cannot claim it as a group I saw the deliverable from the group as exchanging information and ideas to use in our individual I did the group having deliverables a global Enron X which would be unlikely to circumstances of each of the markets that we ourselves operating The question is whether this information needs to be achieved through a formal group limited membership or through extension of our internal Govt Affairs network. A valuable way in has been achieved is group "get togethers" as conference, UK which some colleagues attended and the Thailand effort - all of which provide good way to meet our colleagues and establish contacts. A is likely to suffer from conflicting, immediate priorities. challenge to ensure that on where exchange difference the of our regulatory efforts we leverage our internal contacts international experience appropriately. I work already gets done informally, eg, recent exchange information notes on California, help from London performance standards to support our Indian efforts etc. Paul From: Steven J on 20/11/2000 Sent by: Maureen McVicker@ENRON To: Jose Bestard/ENRON_DEVEL

.
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Alias: dbCaPs97DAta I inItIatED the gRouP earlIer thiS Year, wiTh the attaChED terms OF
refereNCE.  TO kicK the process off, I inCLuDEd some key documEnts on MaRKeT
STruCtuRe issues we HaVe beeN Working ON iN eNGlaND and Wales.
UnfoRtunately, I gOT no ResponSe To mY SuggesTions FoR The Groups workiNg
meThods nor aNy addiTIonal coNTributiOns on mArkEt sTrucTUrE iSsuEs FRom
OThEr gROup Members.  AS a ReSult, aLthoUGH THe grOup Has nOt beeN
terminated, I cAnnOt reALly Claim That iT funCtIoned As a groUp eitHeR.

I saw the deliverAble From the grOup As ExcHaNging INformaTioN anD ideas tO
use in oUR inDiVIDUaL efforts.  I did not see ThE GRoUp as haviNg concREtE
dELiverablEs (Eg, a GlobAL enron PosiTIoN on X whicH would BE uNlIkely to FiT
the unIqUe cIrcUmstaNCes oF each oF the markEts thAT we find ourselvES
operating in).  THE qUEStIOn is WheTher this infOrmaTIon eXchaNGe NeeDS to be
AchieVeD ThROugh a formal group witH lImited MembeRship or througH extension
OF OUr internAl GoVT AFFairs network.  A vAluabLe way in whiCH this has Been
aChieved iS through gROUp "get togEthErs" SucH as THE cOnference, our Uk
OFfsiTe Which soMe Us colleaGueS atTenDed AnD the ThailAnd efforT - aLl Of
WhIch ProviDE a good waY tO meEt Our ColleAGues anD estaBlisH cOnTActS.  A
formaL GrOUP is aLwAyS likEly To SuffeR somEWhaT from coNflicting, ImmEDiatE
pRiOrities.   the challenge iS tO ensure thaT oN thOse occASIons wherE such
exchange makes a real DIfferenCe tO the oUtcoMe of our reGulAtory eFfoRTs
that We leveRage oUr IntERNal coNTAcTs aNd InternatioNAL exPerieNcE
appRopriatEly.  I suspect that mucH Of tHis work alreadY geTs doNE
InForMAlLY, eg, ReCEnt EXChange of informaTion notes oN CALiFornia, help FRom
loNdon on pErformaNce stANdards tO support oUr Indian eFfOrts ETC.

PaUl

From: StevEn J Kean@EnRON on 20/11/2000 10:12 CST
sEnt by: mAuReen MCViCker@ENrOn
To: jose BEstard/enROn_DEVEl

.
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A l ias: d b Caps97D a t aI in itiated the group ea r lier this year , with  t h ea t tac hed  terms of
r efere n ce.  To ki c k the process off,I includeds ome  key d oc ume n ts onmarke tstr ucture issu es w e have be en wor k ing oni n Engla nd and  Wa les .  U nf or tun at e ly, Igot noresponse  t omy su gges t i o n s fo r t he g roups  working
met hod s no r  an y add ition al c on tribu tionson ma rk et structure is sues  from
ot her  g rou pmembe r s.  As  ares ult, al thought hegr o u p  h as not been
termi na t e d,  I canno t real l ycl a im thatit  fu ncti o n ed as  a g r ou p either .

I s a wth e deliv er able f ro m t hegroup as e xchang ing info rmati o n and ideas to
use in our i n di v i du a l ef for ts.  I didnots ee t he g r ou p a s  havi ng co nc r et e
deliverables (eg,  a  globa l Enr on position o n X whichw o u ld be un like l yt o fit
the uni que c ircumstanc e s of eac h ofthe mark ets thatw e  find ou rse lve s ope r a ti ng in).  Theq u esti on  is whe the r thisinf orm ati onex change ne eds to b e
a ch ie ved  thro u gh a for ma l g ro upwithl imited  memb ersh ip  o r  th rough e x te n s ion
o fourint er nal G ovtA ffa irs net work.  Aval u able  w ay  in whi ch this has b ee n
achieve disthroug h group "g et togethers" such as t h e confe ren ce, o ur U K
offsit e w hich s ome US col league s att en ded a nd th e Th ail an d effort - a llof
w hi ch p rovidea good way to meet our  colleagues a ndesta b l is h c o nt a cts .A f o rmal group is a lways like ly to  suffer so m ewh at  from c onflict ing,i mmediat e
priori ties.   T he  cha l l eng e is to en sure tha t on thos e  occa s io ns wh ere  such
e xch angemakesa  re al di fferen ce  to th e out co me of ou r regulatory efforts
t hat we  leve rag e our int ern a l c ontacts a nd i nternation alexp erien ceappro pria t el y.I sus pect that much of  th i s  w ork already g e tsdone
in f ormall y, e g, recent exchang e  of informatio n no t e s o n C a lifo rn ia, help from
Lo nd o n  on perf or mance stand ards tosu p portour In dian e ffortse t c.

Paul

From: Ste ven  J Kean@EN RO No n 20/1 1/20 00  10:12  CST
S e nt b y :  Maureen McVicke r@ENR O N
To:J ose  Best ar d/ENRON _ DEVE L

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Alias:_dbCaps97Data I initiated the group earlier this year, with the attached terms of
reference.__To kick_the_process_off, I included some key_documents on market
structure issues_we have_been working on in England and Wales. _
Unfortunately,_I got no_response to my suggestions for the groups working
methods_nor any additional contributions on market_structure issues from_
other_group_members.  As a_result, although the group has not_been
terminated, I cannot really claim_that it functioned as a group either.

I_saw the deliverable from the group_as exchanging information and ideas_to
use_in our individual efforts. _I did not_see the_group as having_concrete
deliverables (eg, a global Enron_position on X_which would be unlikely to fit_
the_unique circumstances of_each_of_the markets_that we find_ourselves_
operating in).__The question is whether this information_exchange_needs to be
achieved through a formal_group with limited membership_or_through extension
of our_internal Govt Affairs network. _A valuable way in which this_has been_
achieved is_through group "get togethers" such as the conference, our UK
offsite_which some US colleagues attended and_the Thailand effort -_all of_
which_provide a good_way_to meet_our colleagues and establish contacts.  A_
formal group_is always likely to suffer somewhat_from conflicting, immediate
priorities.__ The challenge is to ensure_that on those occasions where such_
exchange makes a real difference_to_the_outcome of our regulatory efforts_
that we leverage our internal contacts_and international experience_
appropriately.  I suspect that much of_this_work already gets done
informally, eg,_recent_exchange of information notes on California,_help_from_
London on performance standards to_support our Indian efforts etc.

Paul

From:_Steven J Kean@ENRON on 20/11/2000 10:12 CST
Sent by: Maureen_McVicker@ENRON
To: Jose Bestard/ENRON_DEVEL


 any additional $$.   Tino and Dennis really blew
some smoke by showing the DOE guys this summer's Four Corners spot prices
(generally in the $200-400/mwh range) and doing the math for them. On that
basis, the net delivered power cost after rebate comes pretty close to zero.
Even using a more reasonable sampling of Four Corners prices, the DOE price
is apparently better than their current PNM price.  The big issue is whether
DOE can figure out how to keep the rebate $$ at Sandia, rather than lose the
$$ to treasury.   Sounds like the Dennis and Tino show is still flogging this
deal pretty hard, so I reminded Tino that we are eager to do anything we can
to help.

Bill or Kevin, please forward this to Bill Gang--I couldn't get my computer
to recognize his name.

Please call if you have any questions.  DF As you are aware, your business unit has been selected to participate in
Project GEM (Global Enron Migration) for the rollout of Windows 2000.  In
preparation for this rollout, it is imperative that we gather information
about your workstation and the applications you use.  To begin this data
collection, we have automated the process.  In fact, your system has just
been inventoried.   Once this information is received, we will be working
with your local department coordinator to consolidate this information to
ensure this transition is as smooth as possible.

The GEM team would like to thank you for your participation.  If you have any
questions, please contact Patrick Marchand, 5-5636. Molly,

We want to hire this very bright young man as a part-time employee,
reporting to Mike Roberts. Mike will be contacting you regarding the details.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/24/2001
10:01 AM ---------------------------

"Chris Pernoud" <cgp1@cornell.edu> on 01/24/2001 09:21:11 AM
Please respond to <cgp1@cornell.edu>
To: "Michael Roberts" <mrobert@enron.com>, "Vincent Kaminski"
<

any additional $ $.    Tino and Dennis really blew
 some smoke by testify the DOE guy this summer's Four Corners spot prices
 (generally in the $ 200 - 400 / mwh image) and doing the math for them. On that
 footing, the net delivered power monetary value after rebate comes reasonably close to zero.
 Even using a more reasonable sampling of Four Corners price, the DOE price
 is apparently better than their current PNM price.   The big topic is whether
 DOE can figure out how to keep the rebate $ $ at Sandia, quite than lose the
 $ $ to treasury.    Sounds like the Dennis and Tino show is still flog this
 deal pretty hard, so I reminded Tino that we are eager to serve anything we can
 to help.

 Bill or Kevin, please forward this to Bill Gang -- I couldn't get my computer
 to recognize his name.

 Please call if you have any questions.   DF As you are aware, your business unit has been selected to participate in
 Project GEM (Global Enron Migration) for the rollout of Windows 2000.   In
 preparation for this rollout, it is imperative that we gather information
 about your workstation and the applications you practice.   To get down this data
 collection, we have automated the procedure.   In fact, your system has just
 been inventoried.    Once this information is welcome, we will be working
 with your local department coordinator to consolidate this information to
 ensure this transition is equally smooth as possible.

 The GEM team would like to thank you for your participation.   If you have any
 questions, please contact Patrick Marchand, 5 - 5636. Molly,

 We want to hire this very bright young man as a part - meter employee,
 reporting to Mike Roberts. Mike will be reach you regarding the details.

 Vince

 ---------------------- Forwarded by Vince J Kaminski / HOU / ECT on 01/24/2001
 10:01 AM ---------------------------

 " Chris Pernoud " < cgp1@cornell.edu > on 01/24/2001 09:21:11 AM
 Please react to < cgp1@cornell.edu >
 To: " Michael Roberts " < mrobert@enron.com >, " Vincent Kaminski "
 <

 anj additional $$.   Tino and Dennis really yoew
soke smoie by shuwing the DOE guys this summxr's Dour Xorners spot prices
(geverally ij the $200-400/mwy raige) and doing thx math for thej. On chet
basis, the nej delivered [ower cost aftar rzbate comes pretty close to zero.
Evqn usinb w more reasonafle xwmpljng of Four Corners prices, the DOE price
ps apparently betyer than their current PNM prife.  The big issue ls whether
EOE sqn figure oug how to kte' the rebatg $$ at Sandia, rather than lose thd
$$ to treasury.   Woujgs like the Dennps and Tino smpw is vtill fkogging this
dcal pcettt hard, so I reminded Vino that we are eaggr to do atyching we can
to help.

Viol or Kevhn, puwasd fkrxars this to Bill Gang--J couldn't gwt my computer
to rtcodbize his name.

Pleafe call if you have any questions.  DF As jou zre aware, your business unit has been selectgd to partycipate in
Project GEM (Global Enron Migration) for the coulobb ud Aindows 2000.  In
preparation for this rollout, it ya omierative that we nather information
ahoij your workstajion anb tge applications yok use.  Jo begun this dwta
vollection, we have automatee the procesf.  In fact, your syscem has just
beem invrntoried.   Once this inyormatjon is recelved, we wjul be working
wigh jour local dtoartment coordinaeor to coisolibate thir ingormatyon to
enskre tmhs transition is ad smoltv as possihle.

The GEM team would like to tienk you for ypus pdrticipacion.  Lf you have any
questions, plecse contcct Pagrick Marcgand, 5-5636. Mmlly,

We want to hire this gery bright boung man as q paet-time doployee,
reportimg to Mikv Xoberts. Muke will be contacbing ioh regarding the deuauls.

Vince

---------------------- Forwatdea br Ninre J Hdminski/HOU/ECD on 01/24/2001
10:01 XK ---------------------------

"Chrks Pernoud" <ggp1@zornrll.edu> on 01/24/2001 09:21:11 AM
Please reslond to <cgp1@cornell.rdm>
To: "Michagl Robertf" <mrobert@enrom.com>, "Vincent Kamindki"
<

any additional $$. Tino and Dennis really smoke showing the guys this summer's in $200-400/mwh range) and the math for On that basis, the net delivered cost after rebate comes pretty close to zero. Even using a more reasonable of Four Corners prices, the DOE price is apparently better than their current price. big is DOE can figure out how to keep the rebate $$ at Sandia, rather than lose the to treasury. Sounds like the Dennis and Tino is still flogging this pretty hard, so I reminded that are eager do we to help. Bill Kevin, please forward this to Bill Gang--I couldn't get my computer to recognize his name. Please call you have DF As are your unit has been participate in Project GEM (Global Enron rollout of Windows 2000. In preparation for this it is that we gather information about your and the applications you use. To begin this collection, we have automated the process. In fact, your system has just been inventoried. Once is received, we will working with your department to this to ensure transition is as smooth as possible. The GEM team would like thank you for your participation. If you have any questions, Patrick 5-5636. Molly, We to hire this very young as a part-time employee, Mike Mike you the Vince ---------------------- Forwarded by J Kaminski/HOU/ECT on 01/24/2001 10:01 --------------------------- "Chris Pernoud" <cgp1@cornell.edu> respond to <cgp1@cornell.edu> To: "Michael Roberts" <mrobert@enron.com>, "Vincent <

 any additional $$.   Tino and DenniS really bleW
some SmoKe bY sHowiNg thE DOE guys this suMMer's four Corners spot prices
(gEneraLlY In thE $200-400/MwH rangE) and doiNG tHE MatH fOr TheM. ON ThAt
basIs, tHe net deLivered powEr cOsT after rebate COmEs pretty clOse To zero.
Even usIng A more rEaSonABle saMplIng of four CoRNers prIces, the DOe pRIce
is aPParentlY BEtTer tHan their current PNm PrICe.  The big issue iS whethEr
doE CAN fiGurE out how to kEeP the rEBate $$ at SANdIA, RAthER than lose the
$$ tO treasury.   SoUNds Like thE DEnnIS and TiNo shoW iS StiLl flogging tHis
dEal pretty Hard, so i RemindeD tino thaT we are EagEr tO do aNYtHiNg wE cAN
to HElP.

BiLL or kevin, pleAsE fOrwarD thiS TO bIll GAng--i couLdn't gEt my computer
tO reCognIZe hIs namE.

PleaSe caLl If you Have anY quesTiOns.  DF As you are awAre, yOur busineSs uNiT haS bEen seLEcted tO paRtiCipate iN
ProjecT gEM (glOBAL ENron Migration) for thE rOLLoUt of WindOws 2000.  In
pREpArATion for tHiS roLlouT, IT is imPeraTIvE that we gAther iNFoRmAtion
abOuT your wOrKstAtiOn and THe apPlicatIons you uSe.  To bEGin this data
colLEction, we have aUToMATeD The pRocEss.  In fact, yoUr sySTem hAs juST
bEen INventOried.   onCE tHIs information is receIvEd, we wiLl be wOrking
with youR local depaRTMEnt coordInatOR tO Consolidate thiS infoRmation to
eNSure this TransItion is aS smooth as POSsible.

ThE GEm teAm wOulD LIkE to thank you foR YOur pArTicipatIon.  if you haVe aNy
qUesTioNs, Please conTact PatrIcK MArChAnd, 5-5636. molly,

wE want to hIrE thIs VerY brigHT young Man as A parT-tImE EmpLoyee,
rePOrTINg to miKe robeRts. miKe wilL be cONtaCting yoU regardinG thE DetaIlS.

VInce

---------------------- ForWarded by Vince j KAminski/HOU/eCt on 01/24/2001
10:01 aM ---------------------------

"ChriS pErnoud" <cgP1@cornell.edu> on 01/24/2001 09:21:11 AM
Please reSPond to <cGp1@cOrnelL.edu>
to: "Michael robErts" <mrObeRT@enron.Com>, "VinCent KAmInsKI"
<

 any additional $$.   Tino  and Denni s rea lly  bl ew
so me s moke by showin g  the  DOE guys this summer' s Fou rC orne r sspotprices(g e n era ll yinth e  $ 200-4 00/ mwh ran ge) and do ing  t he math fort he m. On that
b asis, the ne t d eliver ed  po w er co stafter  rebat e  comes  pretty c lo s e to z e ro.
E v e nusin g a more reasonab l es ampling of Fou r Corn er s  p r i ces , t he DOE pri ce
isa pparent l yb e t ter than their cu rrent PNM p r ice .  The  b igi ssue i s whe th e r DOE can fig ureout how t o keep the reb a te $$ a t Sand ia,  ra ther th an  lo se the
$ $ t o  tr easury. So undslike t h e  Den nis  and  Tino  show is stil l f logg i ngthis
deal  pre tt y har d, soI rem in ded Tino that w e ar e eager t o d oany th ing w e  can tohel p.

Bi ll or K e vin ,p l e as e forward this toBi l l  G ang--I c ouldn' t  g et my compu te r to r e c ogniz e hi s  n ame.
Please ca ll  if you  h ave an yque sti ons.DF A s youare awar e, yo u r business uni t  has been sel e ct e d  t o  par tic ipate in
P roje c t GE M (G l ob alE nronMigra ti o n) for the rollout ofWi ndows2000.   In
prepara tion for t h i s  rollout , it is imperative tha t wegather inf o rmation
abou t your w orkstatio n and theapp lic ati ons y ou  use.  To beg i n  thi sdata
c oll ection,  we  ha veaut om ated theprocess.  In  f ac t,yours ystem ha sjus t
be en in v entori ed.  Onc eth i s i nformat i on i s re ce iv ed,wewi ll be  wor k ing
withyour loca l d e part me nt  coordi nator to cons ol idate this  i nfo rmatio n to
ensu re this transition is a s  smooth  as  poss ible .

The GE M t eam wo uld like t o than k you  f ory o ur pa r t ic ipa ti on.  If yo u hav e any  ques tions,please contact Pat r ick  Marchand, 5- 563 6. M o l ly ,
W ew ant  t o  hi r e  this very brig ht young m an as  a part-ti m e e mp loyee,reporti ng to Mike Ro berts. Mi ke will b econt a c tin g you rega rding th e details .

Vin c e

--- --- ------ -- --- -----  Forwa r ded  by V ince J  K aminsk i/HOU /E CT on 01 /24/2001
10:01 AM ---- ------ ----- --- ---------

" Chr is Pernou d" < cgp1@corne ll. edu > on01/ 2 4/200 1 09 : 21 :11 AM
Pl ease respond t o  < cgp 1 @ co rnell.edu>T o :  "M ichae l R o berts"  <mr obert@enron.com>, "Vincent Kamin ski" <

 any_additional $$._  Tino and_Dennis really_blew_
some smoke_by_showing the DOE_guys this summer's_Four Corners spot prices_
(generally in the_$200-400/mwh_range) and doing the math for them. On that
basis, the net delivered power_cost_after rebate_comes_pretty_close to zero.
Even_using a more reasonable sampling_of Four_Corners prices, the DOE price
is apparently better_than_their current PNM_price.  The big issue is whether
DOE can_figure out how to keep the_rebate $$ at_Sandia,_rather_than lose the
$$_to treasury.   Sounds like_the Dennis and Tino show is_still flogging this
deal pretty hard, so_I reminded Tino that we are_eager to do anything we_can
to_help.

Bill or Kevin, please_forward this to_Bill Gang--I_couldn't get my_computer
to recognize his name. _

Please call if_you have any questions.  DF_As_you are aware,_your_business_unit has_been selected to_participate_in
Project_GEM_(Global Enron Migration) for the rollout_of_Windows 2000.  In
preparation for this_rollout, it is imperative_that_we gather information
about_your workstation and the applications_you use.  To begin this_data
collection,_we have_automated the process.  In fact, your system has just
been_inventoried.   Once this information_is received, we will_be working_
with_your local department_coordinator_to consolidate_this information to
ensure this transition is_as smooth_as possible.

The GEM team would like_to thank you for_your_participation.  If you have any_
questions, please contact Patrick Marchand, 5-5636._Molly,

We want to hire this_very_bright_young man as a part-time_employee,
reporting to Mike Roberts. Mike will_be contacting you_regarding the details.

Vince

---------------------- Forwarded by Vince J_Kaminski/HOU/ECT_on 01/24/2001
10:01 AM ---------------------------

"Chris Pernoud"_<cgp1@cornell.edu>_on 01/24/2001 09:21:11 AM
Please respond to_<cgp1@cornell.edu>
To:_"Michael_Roberts" <mrobert@enron.com>, "Vincent Kaminski"
<


ENRON@enronXgate on 02/14/2001 04:44 PM CST
To: Bill Rust/HOU/ECT@ECT, Christi L Nicolay/HOU/ECT@ECT, Lloyd
Will/HOU/ECT@ECT, Kayne Coulter/HOU/ECT@ECT, Corry Bentley/HOU/ECT@ECT, Cara
Semperger/PDX/ECT@ECT, Tim Heizenrader/PDX/ECT@ECT, Charles Yeung/HOU/ECT@ECT
cc:
Subject: OASIS Version 1.4 Cutover

Just to make sure you are all aware, there is going to be an OASIS outage
coming up at the end of the month.  As I understand it, all S&CP compliant
OASIS nodes will be offline from 12 noon Wednesday, Feb 28th, to midnight of
Feb 28/March 1 (12 hours).  All the above will be local time, so expect
Eastern Time nodes to be out one hour earlier, Mountain Time nodes to be out
one hour later, and Pacific Time nodes to be out 2 hours later.

The outage is to upgrade OASIS from version 1.3 to 1.4.  This will mostly be
affecting the computer-to-computer template methods used by programs that
interact with OASIS.  Standard web interfaces should only be effected in
minor ways, if at all.

The plan is that all transactions will be taken by phone or fax during this
time, and posted on the OASIS as soon as they are back up and time permits.
I would suggest that the following actions be taken:

1.) Forward this message to Enron employee that buys or sells transmission or
ancillary services on the OASIS.

2.) Forward this message to any developers that have written custom tools to
interact with OASIS nodes.  Remember, developers don't always know what is
going on in the industry.

3.) Begin mentioning this to Transmission Providers NOW to make sure they are
aware of this change and understand that they WILL have to work with fax and
verbal reservations.  Try to contact everyone you do business with and get
their commitments to address this before it develops into something nasty.

4.) Be

ENRON@enronXgate on 02/14/2001 04:44 PM CST
 To: Bill Rust / HOU / ECT@ECT, Christi L Nicolay / HOU / ECT@ECT, Lloyd
 Will / HOU / ECT@ECT, Kayne Coulter / HOU / ECT@ECT, Corry Bentley / HOU / ECT@ECT, Cara
 Semperger / PDX / ECT@ECT, Tim Heizenrader / PDX / ECT@ECT, Charles Yeung / HOU / ECT@ECT
 cc:
 Subject: OASIS Version 1.4 Cutover

 Just to make certain you are wholly aware, there is go to be an haven outage
 coming up at the end of the month.   As I sympathize it, all S&CP compliant
 OASIS node will be offline from 12 noon Wednesday, Feb 28th, to midnight of
 Feb 28 / March 1 (12 hours).   All the above will be local clock time, so expect
 Eastern Time node to be out one hour earlier, Mountain Time nod to be out
 one hour later, and Pacific Time nodes to be out 2 hours later.

 The outage is to promote OASIS from version 1.3 to 1.4.   This will mostly be
 affect the computer - to - computer template method used by plan that
 interact with OASIS.   Standard web interfaces should only be effected in
 minor ways, if at wholly.

 The plan is that all transactions will be taken by phone or fax during this
 time, and post on the OASIS as soon as they are back up and time permits.
 I would suggest that the following actions be taken:

 1 .) Forward this message to Enron employee that buys or sells transmittance or
 ancillary services on the haven.

 2 .) Forward this message to any developer that have write custom tools to
 interact with OASIS node.   Remember, developers don't always know what is
 go on in the industry.

 3 .) Begin mentioning this to Transmission Providers NOW to make sure they are
 mindful of this change and understand that they WILL have to work with fax and
 verbal reservations.   Try to reach everyone you do business with and get
 their commitments to address this before it explicate into something nasty.

 4 .) Be

ENRLN@enronXgate on 02/14/2001 04:44 PM CST
Uo: Bill Rust/HOU/ECJ@EXT, Chrmsti L Hicolay/HUU/ECT@ECT, Lloyd
Will/HOU/ECT@ECT, Kqyne Xoulter/HOU/ECT@ECT, Corry Bentley/HLU/ECT@ECT, Care
Semperger/PDX/ECV@SCT, Tim Heizehvader/'DE/ECT@ECT, Charles Yeung/HOU/EWT@ECT
cc:
Subjewt: OCSIS Version 1.4 Cutover

Just to make suwe you srf all aware, thgre ix goihg to be an OASIS outage
coming up at the end of the mpnth.  As I understand it, apl S&FP compliant
OASIS nodes will be jdfline from 12 noon Wedntsbay, Feb 28th, jo midnight of
Feb 28/March 1 (12 hours).  All the above wull te local tine, so expect
Eastcgn Time nodes yo be out one mour xarluer, Mountain Time nodxs to be out
one hout later, ang 'acific Time nodes to bw out 2 hogrs uqtef.

Tht ontafe is ho npgrade OASJS from verwion 1.3 to 1.4.  This wilk iistly be
affedting ehq computer-to-computer template methods uved by programs that
interqct with OASIS.  Standwrd web igterfaces should only be effected in
minor ways, ix at elu.

Tht ijxb ls that all transactions will be taken by phogs pr fax during thls
time, and posted oj yre OASIS as suon as thsy are back up and time pgrmits.
I would sugbest that the following actuons be takeu:

1.) Firward this messagz to Enron eoploiee thst buys or sells transmnssion or
ancillagy servicsr on the OASIS.

2.) Furwsrg this mtrsage to any devejopers thet hare writtdn costom tjols to
inheracb with OASIS nodes.  Remelbar, developfrs don't always know what is
gomig on in the ongusnry.

3.) Begin mentloning this to Eransmission Ptoviders UOW to make sure they ace
aware of ehis change atf understand that thqy WULL yave to dork with fax snd
verbal reservatuons.  Try to contagt evgrgone you do busnuews with and get
thdir clmkiekents to addsess thkx befure it deveoups onto something nasty.

4.) Be

ENRON@enronXgate on 02/14/2001 04:44 PM CST To: Christi Nicolay/HOU/ECT@ECT, Lloyd Kayne Coulter/HOU/ECT@ECT, Corry Charles cc: Subject: OASIS 1.4 Cutover Just make sure you are all aware, is going to be an OASIS outage coming up at the end of month. As I understand it, all S&CP compliant OASIS nodes will be offline 12 Wednesday, 28th, midnight of Feb 28/March 1 (12 hours). All the above will be local time, so expect Time nodes to be out one hour earlier, Time nodes to be one hour later, and Pacific nodes be out hours The is to upgrade from version 1.3 to 1.4. This will mostly be affecting the computer-to-computer template methods used by programs interact with web interfaces only effected minor ways, if The plan is that all transactions by phone or fax during this time, and on the as soon as they are back and time permits. I would suggest that the actions be taken: 1.) Forward this message to Enron employee that buys or sells transmission services on the OASIS. Forward this message any that written tools to with OASIS nodes. Remember, developers don't always know what is going in the industry. 3.) Begin mentioning this to Transmission Providers make they are aware this change and understand they have to work with verbal Try you business and get their commitments address this before it develops something nasty. 4.) Be

ENRON@enronXgate on 02/14/2001 04:44 PM CST
To: BIll Rust/HOU/eCT@ECt, ChRisTi l NicOlay/hOU/ECT@ECT, Lloyd
wIll/HoU/ECT@ECT, Kayne Coulter/HOu/ECT@EcT, cOrry bEnTley/HoU/ECT@ECt, caRA
semPeRgEr/PdX/ecT@eCT, TiM HeIzenradEr/PDX/ECT@ECt, ChArLes Yeung/HOU/Ect@EcT
cc:
SubjecT: OAsIS Version 1.4 CuTovEr

Just To MakE Sure yOu aRe all Aware, tHEre is gOing to be aN OasIS outAGe
cominG UP aT the End of the month.  As I uNDeRStand it, all S&CP cOmpliaNt
oaSis NodEs wIll be offliNe From 12 nOOn WedneSDaY, fEB 28th, TO midnight of
FeB 28/March 1 (12 hours).  aLl tHe abovE wIll BE local Time, sO eXPecT
Eastern TimE nodEs to be out One houR Earlier, mOuntain time noDes To bE out
ONe HoUr lAtER, anD paCifIC TiMe nodes tO bE oUt 2 houRs laTER.

tHe ouTagE is tO upgrAde OASIS from vErsIon 1.3 tO 1.4.  thiS will MostlY be
aFfEctinG the coMputeR-tO-computer templaTe meThods used By pRoGraMs That
iNTeract WitH OAsIS.  StanDard web INteRfACES sHould only be effecteD iN
MInOr ways, if At all.

THE pLaN Is that alL tRanSactIONs wilL be tAKeN by phone Or fax dURiNg This
timE, aNd postEd On tHe OaSIS aS Soon As they Are back uP and tIMe permits.
I woulD Suggest that thE FoLLOwINg acTioNs be taken:

1.) FoRwarD This MessAGe To ENRon emPloyeE tHAt BUys or sells transmissIoN or
ancIllarY services on thE OASIS.

2.) ForwARD This messAge tO AnY Developers that Have wRitten custOM tools to
InterAct with OaSIS nodes.  rEMember, deVelOpeRs dOn't ALWaYs know what is
gOINg on In The induStrY.

3.) Begin mEntIonIng ThiS tO TransmisSion ProvIdErS NoW To mAke suRE they are
AwAre Of ThiS chanGE and unDerstAnd tHaT tHEy WiLL have TO wORK witH fAx And
vErbAl ReserVatiONs.  TRy to conTact everyOne YOu do BuSiNess witH and get
their cOmMitments to AdDreSs this BEFore it deVelops into something nastY.

4.) be

ENRON@enronXgate on 02/14/ 2001 04:44  PM C STTo:  B illRust /HOU/ECT@ECT,C hris ti L Nicolay/HOU/ECT@E CT, L lo y d
W i ll /HOU/ ECT@ECT ,  K a y neCo ul ter /H O U/ ECT@E CT,  CorryBentley/HO U/E CT @ECT, Cara S em perger/PDX /EC T@ECT, Tim H eiz enrade r/ PDX / ECT@E CT,  Char les Ye u ng/HOU /ECT@ECTcc :
Sub j ect: OA S I SVers ion 1.4 Cutover
J us t  to make sureyou ar ea ll a war e,there is g oi ng to be an O A SI S o uta g e
coming upat the endo f t he mon th . A s I un derst an d  it , all S&CPcomp liant
OA SIS no d es will be offl ine fr om12noon We dn esd ay ,  Fe b  2 8th ,  to  midnigh tof
Feb  28/ M a r c h 1(12  hou rs). All the abov e w illb e l ocaltime,  soex pect
Easte rn Ti me  nodes to be ou t on e hour ea rli er , M ou ntain Time n ode s t o be ou t
oneh our  l a t e r,  and Pacific Timeno d e sto be ou t 2 ho u rs  l a ter.

Th eout agei s  to u pgra d eOASIS fr om ver s io n1.3 to1. 4.  Th is  wi llmostl y  be
affec ting the  comp u ter-to-compute r  template met h od s us e d by  pr ograms that
in t erac t wi t hOAS I S.  S tanda rd we b  interfaces shouldon ly beeffec ted in
minor  ways, ifa t all.

Th e pl a ni s that all tra nsact ions willb e takenby ph one or f ax during t his
tim e,and  po ste d on  the OASIS as s oonas  they a reback up  an d t ime  pe rm its.
Iwould su gg es tth atthe f o llowingac tio ns  be  take n :

1.)  Forw ardth is mes sage to En r o n em pl oy ee t hat  b uys o r se l lstransmi ssion or
an c illa ry  s ervices  on the OASIS .
2.) Forwa rd  th is mes s a ge to an y developers that havew rittencus tom t ools  to
inte rac t with  OA S IS nod es.  R ememb er , d e v elope r s  d on' talways kno w wha t is
g oing  on inthe industry.

3.) Beg in mentioning  th is t o Tr ans m is s ion  P r ovi d e rs NOW to makesure theyar e  aware of t h isch ange an d under stand that th ey WILL h ave to wo rk  wit h fax  and
verb al reser vations.Try t o  c ontac t e veryon eyou  do b usines s  wi th an d get
t heir c ommit me nts to a ddress this before it d evelop s int o s omethingnas t y.
4.) Be

ENRON@enronXgate on_02/14/2001 04:44_PM CST
To: Bill Rust/HOU/ECT@ECT,_Christi L_Nicolay/HOU/ECT@ECT,_Lloyd
Will/HOU/ECT@ECT,_Kayne_Coulter/HOU/ECT@ECT, Corry Bentley/HOU/ECT@ECT,_Cara
Semperger/PDX/ECT@ECT, Tim_Heizenrader/PDX/ECT@ECT, Charles Yeung/HOU/ECT@ECT
cc: _
Subject: OASIS Version_1.4_Cutover

Just to make sure you are all aware, there is going to be an_OASIS_outage
coming_up_at_the end of the month._ As I understand it,_all S&CP_compliant
OASIS nodes will be offline from 12_noon_Wednesday, Feb 28th,_to midnight of
Feb 28/March 1 (12 hours). _All the above will be local_time, so expect_
Eastern_Time_nodes to be out_one hour earlier, Mountain Time nodes_to be out
one hour later,_and Pacific Time nodes to be out_2 hours later.

The outage is to_upgrade OASIS from version 1.3_to 1.4._ This will mostly be_
affecting the computer-to-computer_template methods_used by programs_that
interact with OASIS.  Standard_web interfaces should_only be effected in
minor ways,_if_at all.

The plan_is_that_all transactions_will be taken_by_phone or_fax_during this
time, and posted on_the_OASIS as soon as they are back_up and time permits.__
I would suggest that_the following actions be taken:

1.)_Forward this message to Enron employee_that buys_or sells_transmission or
ancillary services on the OASIS.

2.) Forward this message to_any developers that have written custom_tools to
interact with_OASIS nodes.__Remember, developers don't_always_know what_is
going on in the industry.

3.) Begin_mentioning this_to Transmission Providers NOW to make_sure they are
aware_of_this change and understand that they_WILL have to work with fax_and
verbal reservations.  Try_to_contact_everyone you do business with_and get
their commitments to address_this before it_develops into something nasty.

4.) Be


4C" in Jennifer Sang's (first-year, full-time program) mailbox in the MBA lounge.  She'll make sure your ticket is reserved at the door. Don't miss out on the fun - there will be great music, dancing, appetizers, cash bar, costume contest, and raffle prizes!

All proceeds from the party will be donated to Special Olympics, so you are guaranteed to have an awesome time while also supporting a terrific cause!!! request_number:  PS-BPA:117, 119, 120, 121 and 122-
firstname:  Steve
lastname:  Marshall
e-mail:  marss@perkinscoie.com
directed_to:  Peter J. Burger - LP-7
Office of General Counsel
Bonneville Power Administration
P.O. Box 3261
Portland, Oregon  97208-3621
exhibit_wp-02-e-:  BPA-75
page_numbers:  4
request_text:  PS-BPA:117, page 4, lines 6-7:  Beginning at line 6 the
witnesses state &Tiered rates may be good for both BPA and the Northwest
region, and should properly be explored8.  How do you propose properly
exploring tiered rates?

PS-BPA:119, page 4, lines 3-4:  Beginning at line 3 the witnesses state
&During these unprecedented market conditions, BPA will continue to explore
every potential avenue for finding solutions that are both fair and
practical.8  Please give examples of such potential avenues.  Would a change
in base rates during the five-year rate period be one such avenue?  Would a
change in the manner in which the CRACs are applied during the five-year rate
period be one such avenue?

PS-BPA:120, page 4, lines 3-6:  Beginning at line 3 the witnesses state
&During these unprecedented market conditions, BPA will continue to explore
every potential avenue for finding solutions that are both fair and
practical.  This certainly would not exclude tiered rates, though the region,
s historically strong opposition to tiered rates is a factor that cannot be
ignored8.  Does

4C " in Jennifer Sang's (first - year, full - time platform) postbox in the MBA lounge.   She'll make certain your slate is reserved at the door. Don't neglect out on the fun - there will be great music, dancing, appetizers, cash barroom, costume contest, and raffle prizes!

 All proceeds from the party will be donate to Special Olympics, so you are guaranteed to have an awesome meter while also supporting a terrific cause! !! request_number:   PS - BPA:117, 119, 120, 121 and 122-
 firstname:   Steve
 lastname:   Marshall
 e - chain mail:   marss@perkinscoie.com
 directed_to:   Peter J. Burger - LP-7
 Office of General Counsel
 Bonneville Power Administration
 P.O. Box 3261
 Portland, Oregon   97208 - 3621
 exhibit_wp-02 - e-:   BPA-75
 page_numbers:   4
 request_text:   PS - BPA:117, page 4, lines 6 - 7:   Beginning at cable 6 the
 witnesses state &Tiered rate may be good for both BPA and the Northwest
 area, and should properly be explored8.   How do you aim properly
 exploring tiered rates?

 PS - BPA:119, page 4, line 3 - 4:   Beginning at line 3 the witnesses state
 &During these unprecedented market condition, BPA will continue to explore
 every potential avenue for finding solutions that are both fair and
 practical.8   Please give examples of such potential avenues.   Would a variety
 in foundation rates during the five - class pace period be one such avenue?   Would a
 change in the manner in which the CRACs are applied during the five - year pace
 period be one such avenue?

 PS - BPA:120, page 4, line 3 - 6:   Beginning at line 3 the witness state
 &During these unprecedented market conditions, BPA will continue to research
 every potential avenue for finding solutions that are both fair and
 practical.   This certainly would not exclude tiered rate, though the region,
 s historically strong opposition to tiered rates is a factor that cannot be
 ignored8.   Does

4C" ij Jennifer Sang's (first-yexr, full-time proyeam) mamlbox ih the MBX lounge.  She'll make sure yonr tucket is reserved at the dour. Don't mpss out ob tht fun - there will be greab musjg, daneiig, appetizers, cssh bar, covtume contest, dna xaffle prizes!

All proceeds from the pwrty wikl be donated to Spebiwl Omjmkics, so you are guaranteed to havs an awtsome time while akso supporting a terrific fausf!!! request_number:  PD-BPA:117, 119, 120, 121 and 122-
firfrname:  Steve
uastname:  Marshall
e-maim:  marss@perkinscoie.com
directed_tu:  Pecer J. Burget - LO-7
Mffice of Gxneral Counsel
Bonncnille Pmwer Adkinistration
P.O. Boe 3261
Poetland, Oregon  97208-3621
exhibiv_wp-02-e-:  BPA-75
page_numbers:  4
request_dert:  PS-BPA:117, page 4, lines 6-7:  Begitninc at oind 6 uhe
wjtnessfs atate &Tiersd rates mat be good for both NPW and the Nortgwest
wedion, and should properly be explored8.  Hmw so you propose properly
exploring tiered ratgs?

PS-BPA:119, pade 4, lines 3-4:  Beginning at line 3 the witnesses stata
&Durmne tkcfd ujprecedented market conditions, BPA will contighe tp explore
evern potential avenue flr sinding solutkons tkzt are both fair and
practisal.8  Please gide ecamples of such potential acenues.  Woulb a change
in base races during tke fivg-year tate period be one such avehue?  Would w
change jv the manner in dhibh tve CRACs are applied durind the fivx-year rate
pdrioc be oge such avfnue?

PS-BPA:120, page 4, lines 3-6:  Heginuing dt line 3 tje witnesses state
&During these unprecedented mdrkvt conditnons, BIA will continuq to explore
erery potzntial avenue fog finding solutions ehat are both vair and
prartical.  Tris xertqinly wujld not excludr tiered gaues, though the region,
s histovicalug strong opposicnob to tiered ratrs ks w vartor evat cannot ba
igvordc8.  Dods

4C" in Jennifer Sang's (first-year, full-time program) the lounge. She'll sure your ticket Don't out on the - there will great music, dancing, appetizers, cash bar, contest, and raffle prizes! All proceeds from the party will be donated to Olympics, so you are guaranteed to have an awesome time while also supporting terrific request_number: 119, 121 and 122- firstname: Steve lastname: Marshall e-mail: marss@perkinscoie.com directed_to: Peter J. Burger - LP-7 Office General Counsel Bonneville Power Administration P.O. Box 3261 Oregon 97208-3621 exhibit_wp-02-e-: BPA-75 4 request_text: PS-BPA:117, page 4, 6-7: at line the state rates may be for both BPA and the Northwest region, and should properly be explored8. How do you propose properly tiered rates? 4, lines Beginning line the witnesses state unprecedented market conditions, BPA will continue potential avenue for finding solutions that are both and practical.8 give examples of such potential avenues. a change in base rates during the five-year period be one such avenue? Would a change in the manner in which the CRACs during the five-year rate be one such PS-BPA:120, 4, 3-6: at line the witnesses state &During these unprecedented market conditions, BPA will continue explore every potential avenue for finding solutions that are both practical. certainly would not tiered rates, though the s strong opposition to tiered a that Does

4C" in Jennifer Sang's (first-year, Full-time prOgram) MaiLboX iN the mBA lOunge.  She'll make SUre yOur ticket is reserved at tHe dooR. DON't miSS oUt on tHe fun - thERe WILl bE gReAt mUsIC, dAncinG, apPetizerS, cash bar, coStuMe Contest, and raFFlE prizes!

All ProCeeds from the ParTy will Be DonATed to speCial OLympicS, So you aRe guarantEeD To have AN awesomE TImE whiLe also supporting a TErRIfic cause!!! requeSt_numbEr:  ps-Bpa:117, 119, 120, 121 And 122-
FirStname:  StevE
lAstnaME:  MarshaLL
e-MAIL:  maRSs@perkinscoie.Com
directed_TO:  PeTer J. BuRgEr - Lp-7
office Of GenErAL CoUnsel
BonnevIlle power AdmiNistraTIon
P.O. BoX 3261
portlanD, OregoN  97208-3621
exHibIt_wp-02-E-:  bPa-75
pAge_NuMBerS:  4
ReQueST_teXt:  PS-BPA:117, pAgE 4, lInes 6-7:  BEginNING At liNe 6 tHe
wiTnessEs state &Tiered RatEs maY Be gOod foR both bPA aNd The NoRthwesT
regiOn, And should properLy be Explored8.  HOw dO yOu pRoPose pROperly
ExpLorIng tierEd rates?

ps-BPa:119, pAGE 4, LiNes 3-4:  Beginning at line 3 ThE WItNesses stAte
&DurINg ThESe unprecEdEntEd maRKEt conDitiONs, bPA will cOntinuE To ExPlore
evErY potenTiAl aVenUe for FIndiNg soluTions thaT are bOTh fair and
practICal.8  Please give EXaMPLeS Of suCh pOtential aveNues.  wOuld A chaNGe
In bASe ratEs durInG ThE Five-year rate period bE oNe such AvenuE?  Would a
change In the manneR IN Which the cRACS ArE Applied during tHe fivE-year rate
pERiod be onE such Avenue?

PS-bPA:120, page 4, liNES 3-6:  BeginniNg aT liNe 3 tHe wITNeSses state
&DuriNG ThesE uNprecedEntEd markeT coNdiTioNs, BpA Will contiNue to expLoRe
EvErY poTentiAL avenue fOr FinDiNg sOlutiONs that Are boTh faIr AnD
PraCtical.  THIs CERtaiNlY wOuld Not ExClude TierED raTes, thouGh the regiOn,
s HIstoRiCaLly stroNg opposition tO tIered rates Is A faCtor thAT Cannot be
Ignored8.  Does

4C" in Jennifer Sang's (fi rst-year,full- tim e p ro gram ) ma ilbox in the M B A lo unge.  She'll make sur e you rt icke t  i s res erved a t  t h e  do or .Don 't mi ss ou t o n the f un - there  wi ll  be great mu s ic , dancing,  ap petizers, ca shbar, c os tum e  cont est , and  raffl e  prize s!

All p ro c eeds f r om thep a rt y wi ll be donated toS pe c ial Olympics,so you  a r eg u ara nte ed to have  a n awe s ome tim e  w h i l e a l so supporting  a terrific cau se!!!re que s t_numb er: PS - BPA :117, 119,120,  121 and122-
f i rstname :   Steve
lastn ame : Mars h al le-m ai l : m ar ss@ p erk inscoie. co mdirec ted_ t o :  Pet erJ. B urger  - LP-7
Offic e o f Ge n era l Cou nselBonn ev illePowerAdmin is tration
P.O. Bo x 32 61
Portla nd,  O reg on   972 0 8-3621
ex hib it_wp-0 2-e-: B PA- 75 p a ge _numbers:  4
reque st _ t ex t:  PS-B PA:117 ,  p ag e  4, line s6-7 :  B e g innin g at li ne 6 the
witn e ss es  state& Tiered  r ate s m ay be good  for b oth BPAand t h e Northwest
r e gion, and sho u ld p ro p erly  be  explored8 .  H o w do  you pr opo s e pro perly  e xp l oring tiered rates?
PS-BPA :119,  page 4, line s 3-4:  Be g i n ning atline 3t he witnesses s tate
&Duringt hese unp reced ented ma rket cond i t ions, BP A w ill  co nti n u eto explore
e v e ry p ot entialave nue for  fi ndi ngsol ut ions that  are bot hfa ir  a nd
prac t ical.8 P lea se  gi ve ex a mplesof su ch p ot en t ial  avenue s .W ould  a  c hang e in  base  rat e s d uring t he five-y ear rate  p er iod beone such aven ue ?  Would a  cha nge in t he manne r in which the CRACs ar e  applie d d uring  the  five-yea r r ate
p eri o d be o ne suc h ave nu e?P S-BPA : 1 20 , p ag e 4, lines 3 -6:   Beg in ning  at lin e 3 the witnessess tat e
&During t hes e un p r ec ede n te d  ma rk e t c o n ditions, BPA wi ll continu et oexplore
e v ery  p otentia l avenu e for finding  solution s that ar eboth f air  and
prac tical. This cert a inlyw ou ld no t e xclude  t ier ed ra tes, t h oug h the  regio n ,
s hi stori ca lly stro ng opposition to tiered  rates  is a  fa ctor that  ca n not  be
igno red 8.  Does

4C" in_Jennifer Sang's_(first-year, full-time program) mailbox_in the_MBA_lounge. _She'll_make sure your_ticket is reserved_at the door. Don't_miss out on_the_fun - there will be great music, dancing, appetizers, cash bar, costume contest, and_raffle_prizes!

All proceeds_from_the_party will be donated to_Special Olympics, so you are_guaranteed to_have an awesome time while also supporting a_terrific_cause!!! request_number: _PS-BPA:117, 119, 120, 121 and 122-
firstname:  Steve
lastname: _Marshall
e-mail:  marss@perkinscoie.com
directed_to:  Peter J._Burger - LP-7
Office_of_General_Counsel
Bonneville Power Administration
P.O. Box_3261
Portland, Oregon  97208-3621
exhibit_wp-02-e-:  BPA-75
page_numbers:_ 4
request_text:  PS-BPA:117, page 4,_lines 6-7:  Beginning at line 6_the
witnesses state &Tiered rates may_be good for both BPA_and the_Northwest
region, and should properly_be explored8. _How do_you propose properly_
exploring tiered rates?

PS-BPA:119, page 4, lines_3-4:  Beginning_at line 3 the witnesses state_
&During_these unprecedented market_conditions,_BPA_will continue_to explore
every_potential_avenue for_finding_solutions that are both fair and_
practical.8_ Please give examples of such potential_avenues.  Would a_change_
in base rates during_the five-year rate period be_one such avenue?  Would a_
change in_the manner_in which the CRACs are applied during the five-year rate
period_be one such avenue?

PS-BPA:120, page 4,_lines 3-6:  Beginning_at line_3_the witnesses state_
&During_these unprecedented_market conditions, BPA will continue to explore_
every potential_avenue for finding solutions that are_both fair and
practical.__This certainly would not exclude tiered_rates, though the region,
s historically strong_opposition to tiered rates is_a_factor_that cannot be
ignored8. _Does