file
stringlengths 14
33
| message
stringlengths 24
126k
| Sender
stringclasses 754
values | Receiver(s)
stringlengths 0
500
|
|---|---|---|---|
badeer-r/all_documents/66. | subject: CAISO Notice Of Initiation of Proceeding and Refund Effective Dat e
content: Consistent with FERC's order dated August 23, 2000, in Docket Nos.
EL00-95-000 and EL00-98-000 (SDG&E Complaint), attached please find the
Notice of Initiation of Proceeding and Refund Effective Date.
- Refundnotice.doc | shapp@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/67. | subject: Please Clean Up Mail
content: It's time to clean up your mail files again. Please go through and get rid
of any mail that you don't need to save. This includes going through the
Sent mail folder. If you have any questions please feel free to ask.
Thanks,
Diana | diana.willigerod@enron.com | portland.desk@enron.com |
badeer-r/all_documents/68. | subject: EnronOnline Phase 2
content: The new version of the EnronOnline website is almost ready for launch. This
new version includes a new look and feel and new functionality designed to
bring more information to our customers and to provide new ways to transact
with Enron.
We will soon be sending you an email announcing the specific launch date for
Phase 2 of EnronOnline. In the meantime, we have prepared a series of
presentations and training sessions designed to help you become familiar with
the new site. Please try to attend one of the following, as these will be the
only opportunity for you to see the new functionality first hand before the
site is launched.
Presentation Dates
Monday, August 28
Houston: 4:30 EB30C1
Calgary: 4:00 Boardroom
Tuesday, August 29
Houston: 5:00 EB30C1
London: 6:00 5th floor training room
Portland Time and locations to be determined
Singapore: Time and location to be determined
Australia: Time and location to be determined
Oslo 2:00 Training room
Wednesday, August 30
London 6:00 5th floor training room
Training Session Dates
Training room sessions will provide the opportunity to obtain some hands-on
experience with Phase 2 of EnronOnline before we go live. It is recommended
that you attend one of the above presentations prior to attending a training
session.
Training sessions will be available in the London office immediately
following the presentations. If you are located in an office other than
Houston or London and wish to participate in a training session, please
contact Tammie Schoppe at 713 853 4220.
Wednesday August 30
Houston: 4:00 EB568
Offices other than Houston or London: contact Tammie Schoppe at 713 853 4220.
Thursday August 31
Houston: 4:00 EB568
Offices other than Houston or London: Contact Tammie Schoppe at 713 853 4220.
Thursday, Sept. 7
Houston: 4:00 EB568
Offices other than Houston or London: Contact Tammie Schoppe at 713 853 4220.
There will be a further email soon which will identify the specific date of
launch of Phase 2 of EnronOnline.
If you have any questions about the above, please contact me at 713 853 1861
or Dave Samuels at 713 853 6931.
Thank you,
Dave Forster | david.forster@enron.com | eol.wide@enron.com |
badeer-r/all_documents/69. | subject: New Generation
content: Sorry,
Report as of August 24, 2000 | kristian.lande@enron.com | christopher.calger@enron.com, jake.thomas@enron.com, frank.vickers@enron.com, |
badeer-r/all_documents/7. | subject: CAISO NOTIFICATION - Request for Participation in Inter SC Trade
content: Attention IT and Scheduling Personnel
Your participation is requested in the Inter-SC Trade Adjustment Bid Market
Simulation.
As previously announced, the ISO has scheduled for the first week of October
1, 2000 the implementation of Inter-SC Trade Adjustment Bids. Prior to this
implementation, a Market Simulation is being scheduled for all Market
Participants in order to provide for simulation on the use of this new
functionality.
Inter- SC Trade Adjustment Bid Market Simulation is scheduled to begin on
Tuesday, September 4, 2000.
The ISO will hold a kickoff meeting conference call on Thursday, August 31
from 2:00 - 3:00 p.m., to elicit participation and review the scope of this
Market Simulation. During this conference call, we will also request
participants help in finalizing details of the Market Simulation Plan which
will be distributed to Market Simulation Participants by Friday.
All Market Participants are strongly urged to participate in this
simulation.
Please respond to Jill Powers at jpowers@caiso.com by 3:00 p.m. on Friday if
you intend to participate. Please provide the name, phone number, and
e-mail address of your contact personnel. It is suggested that this include
personnel that would be responsible for IT and Scheduling.
The attached document provides an agenda for Thursday Conference call and a
Proposed Market Simulation Schedule Summary.
<<Inter SC Trades Adj Bid Market Sim.doc>>
INTER- SC TRADE ADJUSTMENT BID MARKET SIMULATION
KICKOFF CONFERENCE CALL
THURSDAY August 31, 2:00- 3:00 p.m.
Conference Number 1-888-837-2407
Passcode 722248
CRCommunications
Client Relations Communications
- Inter SC Trades Adj Bid Market Sim.doc | crcommunications@caiso.com | 20participants@caiso.com, tswg@caiso.com |
badeer-r/all_documents/70. | subject: CAISO NOTIFICATION - TSWG Distribution List
content: TSWG Distribution List:
ACTION REQUESTED by Friday, September 1, 2000 : The ISO is developing an
updated E-mail distribution list for TSWG (Technical Standards Working
Group) IT (Information Technology) contacts. This E-mail distribution list
will be used for all IT related communications with our Market Participants.
Each Market Participant should confirm your present primary representative
or designate a new representative as it's principle contact or liaison for
TSWG. All IT project technical communications will be focused through your
company's designated IT contact(s). The IT contact(s) should also be
available for the conference calls held on Wednesday afternoons. Adjacent
Control Area transmission organizations are also requested to submit the
name of an IT representative.
Please e-mail your representative to jcole@caiso.com
Jim Blatchford
Client Relations
Cal ISO
916.608.7051
<<...>> | jblatchford@caiso.com | 20participants@caiso.com, tswg@caiso.com |
badeer-r/all_documents/71. | subject: CAISO Notification: Operations Procedures E-514, T-103 and T-116 -
content: Market Participants:
Please assure that this Notification is forwarded to your respective
Operating Departments for Review ---
Notification of Operating Procedure Update
* The following new or revised ISO Operating Procedures have been
implemented and are posted for reference on the ISO Website.
ISO Operating Procedure posted: E-514 Emergency BPA Spill Reduction,
Version: 1.1, Effective Date: 8-9-00
Changes / Reasons: now fully authorized
Procedure Purpose: BPA has agreed to reduce spill on their river systems
(water presently being bypassed) and increase Generation in the like amount.
They will supply that Energy or capacity to the CAISO in an attempt to avoid
firm customer interruption within the CAISO Control Area.
ISO Operating Procedure posted: T-103 Southern California Import Nomograms
(SCIT)
Version: 4.3, Effective Date: 8-25-00
Changes / Reasons: updated for the increased Path 26 OTC
Procedure Purpose: This Operating Procedure describes limits on Southern
California imports based on the parameters of the East-of-River/Southern
California Import Transmission Nomogram (SCIT) for the 2000 Summer season
(Effective June 7, 2000).
The East-of-River/Southern California Import Transmission (SCIT) Nomogram
became effective on October 1, 1991, replacing the retired West Of the River
(WOR) Nomogram.
ISO Operating Procedure posted: T-116 NORTHERN CA TRANSFER Nomogram (AC-DC)
Version: 3.5, Effective Date: 8-25-00
Changes / Reasons: updated for the increased Path 26 OTC
Procedure Purpose: The purpose of the COI/NW-Sierra and PDCI north-to-south
operating Nomogram (AC/DC Nomogram) is to operate in conformance with the
WSCC Minimum Operating Reliability Criteria (MORC) and to protect the WSCC
system during heavy export conditions from the Northwest to the Southwest
from disturbances similar to those that occurred on July 2 and August 10,
1996. The Nomograms are based on the loss of the Bipolar PDCI, a 2-unit
loss at Palo Verde, a 2-unit loss of Moss Landing, or a Table Mountain South
Double Line Outage. The Nomograms are limited by post-transient Outages.
* Please find them at
http://www1.caiso.com/thegrid/operations/opsdoc/index.html under the
appropriate Operating Procedure section heading.
If you have any questions, please e-mail the 'Procedure Control Desk'
mailbox at procctrldesk@caiso.com and we will respond as soon as possible.
Thank-You,
Operations Support and Training | crcommunications@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/72. | subject: DJ US Northwest Pwr Forwards Higher On Water; SW 3Q Up
content: ---------------------- Forwarded by Carla Hoffman/PDX/ECT on 08/24/2000 02:07
PM ---------------------------
Enron Capital & Trade Resources Corp.
From: "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
08/24/2000 02:05 PM
To: "Leopold, Jason" <Jason.Leopold@dowjones.com>
cc: (bcc: Carla Hoffman/PDX/ECT)
Subject: DJ US Northwest Pwr Forwards Higher On Water; SW 3Q Up
21:03 GMT 24 August 2000
DJ US Northwest Pwr Forwards Higher On Water; SW 3Q Up
NEW YORK (Dow Jones)--Forward prices for electricity in the northwest U.S.
rose
Thursday on concerns about hydroelectric supplies in the region, traders
said.
Hydroelectric dam reservoirs are low in the Northwest due to a lack of rain
the past
several weeks. River flows have been even lower than forecast this week,
and
hydroelectric generators have been run as much as possible to make up for
reductions
in supply from the Colstrip generating station in Montana. Transmission
lines from the
station had to be turned off several times over the past two weeks due to
forest fires in
the state.
"All the generators on the Columbia River right now are sucking mud," one
northwest
utility prescheduler said Thursday.
Southwest prompt forwards were flat Thursday, but third quarter 2001
contracts started
racing higher late in the day. Traders said that Enron Corp. is a big
buyer. The market
rumor is that the California Independent System Operator is in the market
for 3,000
megawatts of supply for next summer.
California-Oregon Border contracts for September traded Thursday at
$197-$205 per
megawatt-hour, compared with Wednesday's range of $181-$190/MWh.
October COB traded at $139-$145/MWh, compared with $126-$129/MWh Wednesday.
September Palo Verde contracts traded at $175-$178/MWh, unchanged.
Third-quarter
2001 Palo Verde traded at $182-$200/MWh Thursday, compared with
$175-$177/MWh
Wednesday.
-By Mark Golden; 201-938-4604; mark.golden@dowjones.com Copyright (c) 2000,
Dow
Jones & Company Inc
G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel. 609.520.7067
Fax. 609.452.3531
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.
<<Gunther Pergher (E-mail).vcf>>
- Gunther Pergher (E-mail).vcf | carla.hoffman@enron.com | tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com, |
badeer-r/all_documents/73. | subject: Bloomberg - Good News!
content: Great news !
Thanks for all your help!
----- Forwarded by Shari Stack/HOU/ECT on 08/24/2000 03:36 PM -----
Stephanie Piwetz
08/24/2000 03:33 PM
To: Shari Stack/HOU/ECT@ECT
cc:
Subject: Bloomberg
Shari-
Just fyi-
Starting today, Bloomberg has used CAISO firm energy on the NP 15 and SP 15
trades.
Thanks | shari.stack@enron.com | stephanie.piwetz@enron.com |
badeer-r/all_documents/74. | subject: FW: Calif Gov Hopes To Get New Rate-Freeze Bill Unveiled Thursday
content: ---------------------- Forwarded by Carla Hoffman/PDX/ECT on 08/24/2000 01:18
PM ---------------------------
Enron Capital & Trade Resources Corp.
From: "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
08/24/2000 01:14 PM
To: "Leopold, Jason" <Jason.Leopold@dowjones.com>
cc: (bcc: Carla Hoffman/PDX/ECT)
Subject: FW: Calif Gov Hopes To Get New Rate-Freeze Bill Unveiled Thursday
> -----Original Message-----
> From: Golden, Mark
> Sent: Thursday, August 24, 2000 4:02 PM
> To: Pergher, Gunther
> Subject: Calif Gov Hopes To Get New Rate-Freeze Bill Unveiled
> Thursday
>
> Calif Gov Hopes To Get New Rate-Freeze Bill Unveiled Thursday
>
> NEW YORK (Dow Jones)--California Gov. Gray Davis and leading state
> congressional representatives hope to introduce in the State Assembly
> Thursday
> new legislation designed to stabilize the cost of electricity in San Diego
> County.
> "Staff are trying to finish writing the bill now. We're hopeful that it
> can be
> introduced (Thursday). There are only eight days left in the congressional
> session," Gov. Davis' spokesman, Steven Maviglio, said.
> The bill is the result of a compromise reached late Wednesday among Gov.
> Davis, San Diego's State Sen. Dede Alpert and the city's State
> Assemblywoman
> Susan Davis.
> It replaces a bill passed unanimously by the Senate on August 10 that
> froze
> customers' rates without stipulating who would pay for electricity that
> San
> Diego Gas & Electric Co. must purchase from independent generating
> companies to
> meet its customers' demand.
> Prices for those purchases, made through the state-run California Power
> Exchange and the California Independent System Operator, have been several
> times
> higher than historical norms this spring and past summer.
> The new bill (similar to a proposal that the California Public Utilities
> Commission rejected Monday) would cap the price of electricity at 6.5
> cents a
> kilowatt-hour for residential customers and small businesses. That
> translates to
> an average residential bill of $68 a month when transmission and
> distribution
> charges are added in.
> "Balancing accounts" would be established to make up the difference
> between
> what SDG&E is paying in wholesale markets and what it is getting paid by
> customers under the cap. In non-summer months, when electricity
> consumption and
> market prices are usually lower, customers would still pay 6.5 cents/kWh,
> and
> any money left over would be used to pay down the balancing account.
> Surging wholesale electricity prices don't look to be coming down any
> time
> soon, however. Contracts for winter supplies this year at the
> California-Oregon
> border, a major trading hub, are at $132 a megawatt-hour, or 13.2
> cents/kWh, and
> rising daily. Supply contracts for all of 2001 at Palo Verde, Arizona,
> another
> major hub for deliveries to California, is at $95/MWh or 9.5 cents/kWh. In
> 2002,
> that price comes down to $69/MWh.
> The new bill raises the question of whether the balancing accounts would
> ever
> be paid down. Who would pay the difference between the 6.5-cent capped
> retail
> price and the 9.5-cent wholesale market price? That difference over a
> three-year
> period has been estimated to be $1.5 billion for SDG&E, a unit of Sempra
> Energy
> (SRE), if current market conditions persist.
> "There is a clause for making annual adjustments (to the retail price
> cap),
> and that's one of the things being worked on now," Maviglio said Thursday.
>
> A much-debated price cap for the state limits prices to $250/MWh for any
> given
> hour, but the ISO has had to break that cap several times since it came
> into
> effect August 7. And average prices have been higher than they were before
> the
> cap.
> The governor has appealed to the Federal Energy Regulatory Commission
> for fair
> and reasonable prices from independent power generators, who sell power to
> the
> state's utilities, and the FERC has agreed to hold hearings in the state.
> "As governor, I refused to stand idly by and watch profiteering power
> generators gouge San Diego's families and businesses," Davis said
> Wednesday in
> announcing the agreement on the new bill.
> But those generating companies have seen their costs skyrocket as well.
> Natural gas, which fuels much of California's power plants, is selling at
> record
> prices. And nitrogen-oxide pollution allowances are adding up to $50/MWh
> to
> costs. Generators have to buy such allowances under the state's
> environmental
> control program.
> The stabilized rates would be retroactive to June 1, 2000, and extend to
> December 31, 2003. The bill also includes "fast track" authority for
> speeding
> approval of new power generating facilities, and some relief for mid-size
> and
> large businesses is included.
> Informal talks between the governor's office and generating companies
> have
> been held. Eventually, Maviglio said, a negotiated settlement will have to
> be
> reached, but the governor first will see what the FERC decides to do.
> -By Mark Golden, Dow Jones Newswires; 201-938-4604;
> mark.golden@dowjones.com
>
> (END) Dow Jones Newswires 24-08-00
> 1954GMT(AP-DJ-08-24-00 1954GMT
> | carla.hoffman@enron.com | tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com, |
badeer-r/all_documents/75. | subject: CAISO NOTICE: CMR Meeting CANCELLATION Information...
content: Market Participants:
Attached is the information for the CMR Stakeholder Meeting Cancellation for
Friday, August 25.
<<000825 Meeting Cancellation v3 Clean_.doc>>
- 000825 Meeting Cancellation v3 Clean_.doc | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/76. | subject: Utility Environment Report Newsletter (pdf)
content: Bob -
there is an article on page five regarding California (RTC) prices and its
effect on generation market -
John
---------------------- Forwarded by John Massey/HOU/ECT on 08/24/2000 12:50
PM ---------------------------
Janel Guerrero@ENRON
08/24/2000 10:30 AM
To: John Massey/HOU/ECT@ECT, Kevin McGowan/Corp/Enron@ENRON, Anna
Santucci/NA/Enron@Enron
cc:
Subject: Utility Environment Report Newsletter (pdf)
---------------------- Forwarded by Janel Guerrero/Corp/Enron on 08/24/2000
11:29 AM ---------------------------
"platts.com" <mhenergy@prod-229a.tco3.web.wcom.net> on 08/23/2000 06:07:49 PM
To: janel.guerrero@enron.com
cc:
Subject: Utility Environment Report Newsletter (pdf)
Dear Subscriber,
Included with this e-mail is a PDF attachment of your newsletter
subscription. To view the file, save it to your local file system and
open it with Adobe Acrobat or Acrobat Reader. You can download the latest
version of Acrobat reader from the Adobe site at:
http://www.adobe.com/prodindex/acrobat/readstep.html
You can also get your newsletter subscription on our website at:
http://www.platts.com
Thank you,
Platts Energy Webmaster
- current.pdf | john.massey@enron.com | robert.badeer@enron.com |
badeer-r/all_documents/77. | subject: CAISO Notice: Summer 2001 Generation RFB
content: Market Participants,
The California ISO is initiating this Request for Bids in an effort to
obtain up to 3,000 MW of new generation resources to allow the ISO to
operate the ISO Control Area to meet Applicable Reliability Criteria under
peak Demand conditions during the Summer Period of 2001.
While the ISO seeks to acquire generation resources under this RFB through
one-year agreements, it will also consider bids that require an ISO
commitment for the Summer Periods of 2002 and 2003 if responses proposing
one-year arrangements prove insufficient to meet the ISO's requirements.
The RFB is attached to this email and posted on the ISO Web site at
http://www1.caiso.com/clientserv/stakeholders/
Inquiries regarding this RFB should be directed in writing or electronically
to Brian Theaker as noted on the first page of the RFB.
Don Fuller
Director, Client Relations
> <<Summer Generation RFB.doc>>
>
>
- Summer Generation RFB.doc | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/78. | subject: DJ US Sen. Feinstein Urges Cap For Western US Power Market
content: ---------------------- Forwarded by Carla Hoffman/PDX/ECT on 08/24/2000 07:50
AM ---------------------------
Enron Capital & Trade Resources Corp.
From: "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
08/24/2000 07:13 AM
To: "Golden, Mark" <Mark.Golden@dowjones.com>
cc: (bcc: Carla Hoffman/PDX/ECT)
Subject: DJ US Sen. Feinstein Urges Cap For Western US Power Market
14:05 GMT 24 August 2000
DJ US Sen. Feinstein Urges Cap For Western US Power Market
NEW YORK (Dow Jones)--U.S. Senator Diane Feinstein, D-Calif., on Wednesday
urged
the Federal Energy Regulatory Commission to place a regionwide cap on
wholesale
electricity rates for the western United States.
To date, a price cap of $250 per megawatt-hour has been placed only on
California's
power market. A regional cap is necessary to avoid "electricity bidding
wars" between
western states during power shortages that could result in blackouts in
California,
Feinstein said.
"As is clearly evident, the energy market in San Diego is not functioning,
at this time,
as a true market," Feinstein said in a letter to FERC Chairman James J.
Hoecker. "The
lack of energy generation has produced a dramatic increase in electricity
prices with
many families and businesses facing energy bills two or three times higher
than normal
and has led to the possibility of wholesale price gouging."
Feinstein also supported President Clinton's use Wednesday of $2.6 million
in
emergency energy assistance funds for low income households, and special
credit
programs for small businesses.
-By James Covert, Dow Jones Newswires; 201-938-2061;
james.covert@dowjones.com
Copyright (c) 2000, Dow Jones & Company Inc
G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel. 609.520.7067
Fax. 609.452.3531
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.
<<Gunther Pergher (E-mail).vcf>>
- Gunther Pergher (E-mail).vcf | carla.hoffman@enron.com | tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com, |
badeer-r/all_documents/79. | subject: CAISO Notice - Stakeholder Comments from August 16-18 CMR Meeting s
content: Greetings:
Stakeholders' comments from the August 16-18 meetings on the
Comprehensive Market Redesign (CMR) recommendation are now posted at
http://www.caiso.com/clientserv/congestionreform.html
<http://www.caiso.com/clientserv/congestionreform.html> .
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/8. | subject: Lotus Notes
content: FYI,
It has been a valiant effort but as soon as we free up space on the Notes
server it fills back in.
So as a result we will be shutting down the notes server tonight from 8:00 PM
until 12:00 AM to rebuild the data drives. This will provide more space to
work with and allow for room to grow.
We will also be turning on a purge agent in 2 weeks that will eliminate mail
from your Inbox, Sent Mail and Trash after it reaches 30 days of age.
Please shut down Lotus Notes before you leave to night to help ensure we do
not lose any data.
Thanks,
Mike Mc. | mike.mcclain@enron.com | portland.desk@enron.com |
badeer-r/all_documents/80. | subject:
content: Bob,
Wanted to say hello. My trip to Ireland and England
was a blast. Had a good time in both countries. A lot
of history blah, blah, blah. Been with the first
Marines for about two weeks and I am beginning to
figure my way around. Working out every day and
running (on my own) a great deal. Do not want to be
the wimp of the bunch. Should be fun two years with a
lot of training which will culminate with a deployment
to WestPac next year sometime and thats it.
Otherwise thing are good for me. I will be heading bck
to NY for the third week in Sept to attend a wedding
of my HS friend Gary. You probably remember him. Will
be home for a week. First time since I left Med
school. Taking my girlfriend with me back home. She
has already met the Rat in Vegas. She also met Gary
and his bride to be when they came out here for a
week in the winter.
Hope all is well with you. Any little Bobs in the
future? Stay in touch and I hope the Yankees can hold
on and the Knicks finally unload the old man. Now,
there is no way they can compete with Miami.
Later,
Fran
__________________________________________________
Do You Yahoo!?
Yahoo! Mail - Free email you can access from anywhere!
http://mail.yahoo.com/ | fxhall@yahoo.com | robert.badeer@enron.com |
badeer-r/all_documents/81. | subject: Organizational Announcement - Introducing Enron Industrial Markets
content: We are pleased to announce the creation of a new business unit =01) Enron=
=20
Industrial Markets =01) within our Wholesale Energy business. Enron Indust=
rial=20
Markets will be responsible for leading all worldwide business activities i=
n=20
the Paper, Pulp, Lumber, and Steel markets, including trading, origination=
=20
and energy outsourcing activities.
Enron Industrial Markets is being created to accelerate the growth of Enron=
=20
North America=01,s existing Paper, Pulp, & Lumber business and to establis=
h and=20
grow a new business in the Steel market. The formation of Enron Industrial=
=20
Markets will allow the Enron North America and Enron Europe management to=
=20
continue to focus its efforts on the aggressive expansion of our core gas a=
nd=20
electricity business. As a standalone business unit, Enron Industrial=20
Markets can accelerate the growth of the Paper, Pulp & Lumber and Steel=20
businesses into major contributor=01,s to Enron=01,s overall growth and, wo=
rking=20
closely with Enron NetWorks, position Enron as the leader in the=20
transformation of these industries into new economy markets. =20
Enron Industrial Markets will be headed by Jeff McMahon, President and Chie=
f=20
Executive Officer, and Ray Bowen, Chief Operating Officer. They will repor=
t=20
to Mark Frevert who will be Chairman of Enron Industrial Markets. Mark,=20
Jeff, and Ray will comprise the Office of the Chairman for Enron Industrial=
=20
Markets.
Included in this new business unit and reporting to the Office of the=20
Chairman will be the following individuals and their respective groups:
Pulp, Paper, & Lumber Origination Bryan Burnett
Pulp, Paper & Lumber Trading Bob Crane
Steel Trading Greg Hermans
Transaction Development Rodney Malcolm
Enron Industrial Markets has established an operating group to manage the=
=20
operations of physical assets. This unit will temporarily report to the=20
Enron Industrial Markets Office of the Chairman.
Coincident with the establishment of Enron Industrial Markets, all energy=
=20
outsourcing activities associated with industries other than paper, pulp,=
=20
lumber and steel will be the responsibility of Enron Energy Services.
With Jeff McMahon=01,s departure from Enron NetWorks, Louise Kitchen will a=
ssume=20
the role of President and Chief Operating Officer.
Please join us in congratulating these individuals for their new roles. | office.chairman@enron.com | all.worldwide@enron.com |
badeer-r/all_documents/82. | subject: DJ Calif Assembly Delays SDG&E Rate Roll-Back Vote To Thu
content: ---------------------- Forwarded by Carla Hoffman/PDX/ECT on 08/23/2000 02:02
PM ---------------------------
Enron Capital & Trade Resources Corp.
From: "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
08/23/2000 12:26 PM
To: "Leopold, Jason" <Jason.Leopold@dowjones.com>
cc: (bcc: Carla Hoffman/PDX/ECT)
Subject: DJ Calif Assembly Delays SDG&E Rate Roll-Back Vote To Thu
18:43 GMT 23 August 2000
*DJ Calif Assembly Delays SDG&E Rate Roll-Back Vote To Thu
Question About Who Will Pay Elec Bills
NEW YORK (Dow Jones)--The California State Assembly has postponed until
Thursday
a vote on restoring electricity rates for customers of San Diego Gas &
Electric Co. to
pre-deregulation levels, according to a spokesman for Assemblywoman Susan
Davis
(D-San Diego), who is sponsoring the bill.
The bill was sent to the assembly's appropriations committee because some
representatives are concerned about who - if not SDG&E customers - will pay
for
electricity in the city this summer and past spring. The difference between
what SDG&E
customers would pay under the legislation and what SDG&E is paying for
supplies in
the skyrocketing electricity markets has been estimated at $1.5 billion.
Assembly Passage Of Measure Uncertain
The legislation would roll back electricity rates to June 1, 1999, levels
for customers of
SDG&E, a unit of Sempra Energy (SRE). This spring and summer, the utility's
customers have received electricity bills that are nearly triple what they
were last year.
Electricity rates for the state's other utilities haven't been deregulated
yet, so their
customers are receiving fixed prices per kilowatt-hour of power used.
Prospects for passage of the bill, AB 2290, are unclear in the Assembly.
The California
State Senate passed the bill unanimously last week. But it would need 54
votes to pass
through the 80-member Assembly before Gov. Gray Davis could consider
signing it into
law.
If all 47 Democrats approve the measure, it would need at least seven
Republican votes
to pass. But, as reported Tuesday, only three Republican lawmakers said
they would
support the bill.
The rollback would provide some economic relief to SDG&E's 1.1 million
customers,
who have been paying market-based rates for electricity since June. If the
rollback is
approved, utility bills for residential customers would be about $55 to $60
a month,
according to SDG&E.
Steve Maviglio, press secretary to Davis, said the governor hasn't decided
whether he
would sign the bill into law if approved.
Monday, the state's Public Utilities Commission rejected a proposal to roll
back rates,
instead approving a stabilization rate plan that would reduce the cost of
electricity to
about $68 a month for residential customers who conserve usage.
-By Mark Golden, Dow Jones Newswires; 201-938-4604;
mark.golden@dowjones.com
Copyright (c) 2000, Dow Jones & Company Inc
G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel. 609.520.7067
Fax. 609.452.3531
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.
<<Gunther Pergher (E-mail).vcf>>
- Gunther Pergher (E-mail).vcf | carla.hoffman@enron.com | tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com, |
badeer-r/all_documents/83. | subject: CAISO Communication: Market Notice of Pending UFE Adjustment - T
content: > SC Settlements Contacts;
MARKET NOTICE
This Market Notification is to advise you of a misallocation of UFE that has
been identified in the SCE and Pasadena's UDC territories between the Trade
dates of April 27, 2000 and June 27, 2000 .
On April 26, 2000 the ISO made a change to the ISO Masterfile that
eliminated the ability for SCs to submit a schedule at the intra-tie
resource ID for the Pasadena UDC territory. This change in turn, prevented
the meter data that was directly collected by the ISO at the intra-tie/load
point to be used in the Settlement calculations.
The effect of this change was that from Trade date April 27, 2000 until
corrected for Trade date June 28, 2000 the UFE calculation was performed
without the proper data representing the intra-tie point between the SCE and
Pasadena UDC territories. This caused UFE to be more positive in the SCE UDC
territory and more negative in the Pasadena UDC territory. The UFE
calculation used the appropriate meter data, for Trade dates June 28, 2000
forward .
The ISO is in process of determining the method to reallocate the UFE for
the period between Trade dates April 27, 2000 and June 27, 2000. The
magnitude of the misallocation is estimated at approximately $14.5 Million .
Further notification to the Market will be made after the ISO determines the
reallocation method and timeline .
> ISO Project Manager
> Kyle T. Hoffman, (916) 608-7057
> Client Relations, California ISO
> Internet: KHoffman@caiso.com
> FAX: (916) 608-7074
>
> CRCommunications
> Client Relations Communications
> | crcommunications@caiso.com | scsettlecontacts@caiso.com |
badeer-r/all_documents/84. | subject: Change to EnData
content: The Fundamentals Group is moving Database servers and the existing EnData
Excel Add-In
needs to be changed.
If you use Endata, please follow the directions below at your leisure.
(1) Select Tools->Add-ins from the Excel Menu Bar
(1) Uncheck existing Endata box (if it's there).
(2) Press the "browse" button
(3) Select P:\Fundamentals\Production\Endata\Endata.xla
(4) Respond NO to "Copy 'EnData.xla' to Microsoft Excel Add-In Library"
(5) press OK
if EnData mysteriously disappears from you menu, follow these directions
to add it to you menu again.
The old EnData points to the old database which will be deleted sometime soon.
Thanks!
Cooper | cooper.richey@enron.com | chris.mallory@enron.com, paul.choi@enron.com, greg.wolfe@enron.com, |
badeer-r/all_documents/85. | subject: SI Outage
content: Effective immediately, there will be an SI outage for approximately 10
minutes. This is for both Hour Ahead and Day Ahead.
Mkt Ops (916) 351-2499
Market Operations
(916) 351-2499 | caisomktops@caiso.com | marketstatus@caiso.com |
badeer-r/all_documents/86. | subject: Out of Ofice
content: I will be out of the office on Friday, Monday and Tuesday for vacation. I
will be able to be reached by cell phone if necessary.
Bob | robert.badeer@enron.com | tim.belden@enron.com, teri.whitcomb@enron.com, kathy.axford@enron.com, |
badeer-r/all_documents/87. | subject: CAISO Communication: Retroactive 1999 UFE Market Correction Noti
content: > SC Settlements Contacts;
>
This Market Notification serves to advise you of the posting of the
Retro-Active November 16th - 30th 1999 UFE Market Adjustments resulting from
the ISO 1999 UFE Project results. The June 20, 2000 Preliminary Settlement
Statement (PSS) contains the appropriate retro-active charge type
adjustments, specific to each participating SC.
This is the Seventh of Nine retro-active UFE adjustment to be processed, to
correct the UFE related settlement quality meter data (SQMD) problems
experienced commencing August 21st 1999 in the PG&E UDC Service Area, which
continued through December 31, 1999.
A copy of this ISO Project's final Report was previously distributed on June
15, 2000.
The UFE related market adjustments are reflected in Charge Types (CT)
111,112,114,115,116,402,403, 406, 1010,1011, 1030,1210. GMC (CT 351) will
also be reconciled for those SC's which reported revised load, consistent
with any resubmitted UFE Project meter data.
The ISO will continue to monitor system UFE on a regular basis, conduct
periodic meter data audits, work with Market participants to help assure
SQMD, and address any issues which arise. Once again, our appreciation for
the Market's assistance to help assure an accurate UFE Market settlement and
for submission of SQMD!
> ISO Project Manager
> Kyle T. Hoffman, (916) 608-7057
> Client Relations, California ISO
> Internet: KHoffman@caiso.com
> FAX: (916) 608-7074
>
> CRCommunications
> Client Relations Communications
> | crcommunications@caiso.com | scsettlecontacts@caiso.com |
badeer-r/all_documents/88. | subject: DJ Clinton To Direct Govt To Help Calif On Electricity Woes
content: ---------------------- Forwarded by Carla Hoffman/PDX/ECT on 08/23/2000 08:24
AM ---------------------------
Enron Capital & Trade Resources Corp.
From: "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
08/23/2000 07:42 AM
To: "Golden, Mark" <Mark.Golden@dowjones.com>, "Leopold, Jason"
<Jason.Leopold@dowjones.com>
cc: (bcc: Carla Hoffman/PDX/ECT)
Subject: DJ Clinton To Direct Govt To Help Calif On Electricity Woes
14:22 GMT 23 August 2000
DJ Clinton To Direct Govt To Help Calif On Electricity Woes
WASHINGTON (Dow Jones)--U.S. President Bill Clinton will direct federal
agencies
Wednesday to provide financial assistance to low-income families and small
businesses in Southern California to help them cope with high electricity
bills, the White
House said in a written statement.
Clinton also ordered the release of $2.6 million from the Low Income Home
Energy
Assistance Program to help low-income families in Southern California. The
Small
Business Administration will urge its lending partners to use SBA credit
programs to
help small businesses with their energy costs.
Clinton is taking the action because of a steep rise in the wholesale price
of electricity,
the statement said.
In addition, Clinton has called on Energy Secretary Bill Richardson to ask
the Federal
Energy Regulatory Commission to speed up an investigation into the bulk
market for
electricity "so that state and federal regulators and policy makers can
have the
information they need to protect consumers in a timely fashion."
Clinton's actions marks the second time this summer the president has
stepped in to
help California cope with its electricity shortages. Earlier, Clinton
called on all federal
facilities in California to cut their power usage and to direct power back
into the
electricity grid.
-By Alex Keto, Dow Jones Newswires; 202 862 9256; alex.keto@dowjones.com
Copyright (c) 2000, Dow Jones & Company Inc
G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel. 609.520.7067
Fax. 609.452.3531
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.
<<Gunther Pergher (E-mail).vcf>>
- Gunther Pergher (E-mail).vcf | carla.hoffman@enron.com | tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com, |
badeer-r/all_documents/89. | subject: CAISO Notification- TSWG Conference Call 8/23
content: REMINDER FOR THE TSWG CONFERENCE CALL TODAY, WEDNESDAY @3:30PDT
Call In Number (877) 670-4111 Passcode 246870.
<<...>>
Jim Blatchford
Client Relations
Cal ISO
916.608.7051 | jblatchford@caiso.com | 20participants@caiso.com, tswg@caiso.com |
badeer-r/all_documents/9. | subject: Total Transfer Capabilities
content: Attached are the Total Transfer Capabilities (TTC's) for: August 31, 2000.
<<TTC's 8-31-00.PDF>>
The attached Outage Information is reliable at time of posting. The
attached Outage Information is subject to change without notice.
Francine Winston
California ISO
Administrative Assistant/Scheduling
(916) 351-4457
- TTC's 8-31-00.PDF | fwinston@caiso.com | marketstatus@caiso.com, pxrt@calpx.com |
badeer-r/all_documents/90. | subject: Let Me Know Your Need for Xerox Copier Training
content: We recently installed two new digital copiers in the break room. For the
most part, they are very user friendly, and I have been able to make
different types of copy jobs without any training at all. However, we have
the capability to provide formal training with a Xerox representative on a
prescheduled basis.
A training session, which can accommodate five people for training, is
scheduled for Thursday at 9:30 a.m. The training takes an hour and a half.
If more than five individuals request training on Thursday, I will schedule
another training session at a later date.
For your information, if you are not interested in formal training there is
an instructional CD that you can borrow to learn about the features of the
equipment, and there is a manual you can borrow if you would like to borrow
it for instructional purposes.
Please contact me if you are interested in attending Xerox training on
Thursday at 9:30 a.m. or if you would be interested in training at another
time, and I will coordinate these training efforts.
Let me know if you have any questions. | debra.davidson@enron.com | portland.desk@enron.com |
badeer-r/all_documents/91. | subject: CAISO Notification: "Non-Firm" Real Time Energy Market Bids to b e
content: Market Participants and Schedule Coordinators,
Please be advised that all Supplemental Energy bids
(including imports and exports) submitted to the ISO for use in the
real-time Imbalance Energy Market are considered to be "FIRM" (i.e., the
bids cannot be withdrawn after 45 minutes prior to the Settlement Period and
can be dispatched by the ISO anytime during the Settlement Period, see - ISO
Tariff o 2.5.22.4.1).
Any bids labeled as "Non- Firm" or reported to the CAISO
real-time scheduler as "Non-Firm" or recallable will be rejected. The CAISO
does not carry the necessary excess reserves to support "Non-Firm"
Supplemental Imports.
If there are any questions concerning this practice please
contact Brian Rahman at 916-608-5883.
Brian S. Rahman P.E.
Manager of Markets - California ISO
Phone (916) 608-5883
Pager (916) 814-0614 | khoffman@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/92. | subject: Agenda for August 31 Distributed Generation Meeting
content: The agenda for the August 31 Distributed Generation Meeting has been posted
to the ISO Website at http://www.caiso.com/meetings/. In order to insure
sufficient space and food, please RSVP to Sue Happ either by phone at
916-608-7059 or by e-mail to shapp@caiso.com. by August 29th. Thanks!
Don Fuller
Director, Client Relations
California ISO
916-608-7055
dfuller@caiso.com | shapp@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/93. | subject: CAISO Notice: Ten Minute Markets to Start Sept 1, 2000
content: Market Participants,
Please see attached notice regarding implementation of 10-minute
markets/settlements on September 1, 2000.
Don Fuller
Director, Client Relations
> <<000822a Ten-min Mkt Notice (clean).doc>>
>
- 000822a Ten-min Mkt Notice (clean).doc | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/94. | subject: Development Center Course Offering
content: PRESENTATIONS THAT WORK
August 29 & 30 in EB560
Does your job include preparing and delivering presentations? . . . . .
. . Then this course is for you!
This course focuses on instruction and practice in organization, delivery
skills, design tips and use of visuals effectively (powerpoint and overhead),
and question-and-answer models. Participants will receive personalized,
confidential feedback from the instructor and will develop a self-improvement
action plan. Customized exercises give participants first-hand experience in
one-on-one, small groups, impromptu, and sit-down settings.
For registration, please click here () to go directly into the Development
Center "Ernie", or call 3-0357. | enron.announcements@enron.com | all.houston@enron.com |
badeer-r/all_documents/95. | subject:
content: Further to your letter to us (addressed to Mr. Tim Belden) dated August 14,
2000:
Enron thinks that the elimination of physical risk during the month of August
will be of commercial benefit because Enron expects that during the month of
August there will be transmission line derations affecting the hour ahead
market which will lead to TO debit charges by the CAISO. The elimination
of TO debit charges is a commercial benefit to Enron. | christian.yoder@enron.com | sewilson@calpx.com, kamarlantes@calpx.com, pgillman@schiffhardin.com |
badeer-r/all_documents/96. | subject: CAISO Notice: Friday August 25 ISO Governing Board Conference Ca ll
content: Market Participants,
The ISO has noticed a teleconference of the Governing Board on Friday August
25 to discuss underscheduling in forward markets. The link below will take
you to the Meeting Notice and information for the conference call numbers.
http://www.caiso.com/meetings/docs/000825noticeofbogspecialmtg.pdf
If advance materials are provided to the governing board members, they will
be posted and noticed via email.
Don Fuller
Director, Client Relations | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/all_documents/97. | subject: Fitness Club Reimbursement Policy
content: Recently, there have been several questions regarding Enron's fitness club
reimbursement policy. I want to take this opportunity to advise you of the
revised policy as well as make you aware of a corporate membership rate which
has been established with the RiverPlace Athletic Club.
Enron will reimburse the following fees for membership at any fitness
facility:
up to a maximum of $100 for membership fees
up to $25 per month for dues
A corporate membership with RiverPlace Athletic Club has been established for
anyone interested in joining. If you would like to try out the facility
prior to joining, RiverPlace is offering a 5 day guest pass. Please speak
with Joanie Schlecter regarding the pass or to enroll.
The fees are as follows:
Individual Couple/Family
$200 membership $300 membership
$73/month for dues $116/month for dues
When you enroll, please specify that you work for Enron North America.
RiverPlace will bill Enron directly for your monthly dues and we will submit
to have your dues reimbursed through payroll deduction each pay period.
If you have any questions regarding the fitness club reimbursement policy,
please do not hesitate to ask either me or Teri Whitcomb.
Kind regards -
Amy | amy.fitzpatrick@enron.com | portland.desk@enron.com |
badeer-r/all_documents/98. | subject: Re: Wharton Recruiting
content: I'm so glad you want to help!
I'll put you down as wanting to help and I'll let you know what happens with
the meeting.
The tentative dates are:
Information Session Sep 18
Interviews Nov 8 Reception
Nov 9 First Round, on campus
Nov 10 Second Round, on campus
Super Saturday for Wharton folks will be the first weekend of December.
I'll definitely keep you posted. We've had people fly from Portland before,
so it's definitely possible to get you out for events or interviews if your
schedule allows.
Suzanne
To: Suzanne Farrow/HOU/EES@EES
cc:
Subject: Re: Wharton Recruiting
Suzanne,
I'm a '97 graduate and interested in recruiting this year. However, I'm out
in Portland, so I will be unable to attenfd any meetings in Houston. Let me
know how I can help. I would like to go out there when you go. Let me know
what our schedule is. Thanks.
Bob Badeer
503 464 3926 | suzanne.farrow@enron.com | robert.badeer@enron.com |
badeer-r/all_documents/99. | subject: Re: Wharton Recruiting
content: Suzanne,
I'm a '97 graduate and interested in recruiting this year. However, I'm out
in Portland, so I will be unable to attenfd any meetings in Houston. Let me
know how I can help. I would like to go out there when you go. Let me know
what our schedule is. Thanks.
Bob Badeer
503 464 3926 | robert.badeer@enron.com | suzanne.farrow@enron.com |
badeer-r/cal_articles/1. | subject: 350$ Cal PX bid cap resolution - passed 8/16 subject to FERC
content: Attached elow the artical is the Resolution
---------------------- Forwarded by Bruno Gaillard/SFO/EES on 08/17/2000
11:48 AM ---------------------------
<E._Jesus_Arredondo@calpx.com> on 08/17/2000 11:41:33 AM
To: bgaillar@enron.com
cc:
Subject: 2nd try...PX bid cap resolution RESOLUTION
Please keep in mind, until the FERC responds, there will be no changes to our
markets.
(See attached file: resolution bid caps august 16.doc)
Also FYI:
Dow Jones Newswires
CalPX To Ask FERC To Reduce Day-of, Day-Ahead Price Cap:
Board Caves In To Political Pressure
By Jason Leopold
LOS ANGELES--The California Power Exchange, the spot market where electricity
is
bought and sold in the state, approved a measure Wednesday seeking federal
authority to impose a
$350 per megawatt-hour bid cap on wholesale power prices in its day-of and
day-ahead markets.
Members of the CalPX's board of governors admitted that the measure was
approved
as a result of
intense political pressure being placed on the board by state lawmakers and
Gov.
Gray Davis.
"Not approving this is political suicide," said CalPX board member Carolyn
Keherein, who also serves
on the board of governors at the California Independent System Operator.
"We're
not changing
anything but the perception in the market."
The CalPX current cap on wholesale power prices in the day-of and day-ahead
market is set at $2,500,
but that is only a technical limitation of their computer system and has had
no
effect on power prices.
State lawmakers believe a price cap would stabilize high power prices being
passed on to retail
customers, most notably consumers in San Diego. Ratepayers there are paying
market-based rates for
electricity and have seen their utility bills nearly triple in the past two
months.
The price cap would need to be approved by the Federal Energy Regulatory
Commission before it goes
into effect at the Power Exchange. FERC has not indicated whether it would OK
the measure, but said
it would investigate it.
If you have any questions, please feel free to call me directly.
-eja
E. Jesus Arredondo
Manager, Corporate Communications
California Power Exchange
Tel. 626.537.3155
- resolution bid caps august 16.doc | bruno.gaillard@enron.com | sf.office@enron.com, marcie.milner@enron.com, paul.kaufman@enron.com, |
badeer-r/cal_articles/2. | subject: ISO Special 8.10.00 Report on Energy Market Issues and Performance:
content: ---------------------- Forwarded by Jeff Dasovich/SFO/EES on 08/11/2000 10:27
AM ---------------------------
Jeff Dasovich on 08/11/2000 10:26:23 AM
To: Paul Kaufman@EES, James D Steffes/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@Enron, Cynthia Sandherr/Corp/Enron@Enron, Richard
Shapiro/HOU/EES@EES, Mary Hain@ENRON_DEVELOPMENT, Karen
Denne/Corp/Enron@Enron, Peggy Mahoney/HOU/EES@EES, mpalmer@enron.com, Susan J
Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES,
Sarah Novosel/Corp/Enron@Enron, Bruno Gaillard/SFO/EES@EES
cc:
Subject: ISO Special 8.10.00 Report on Energy Market Issues and Performance:
May-June, 2000
FYI. The ISO Dept. of Market Analysis Released a rather hefty "special
report" yesterday. The URL is attached.
Among other things, it concludes that, despite the lack of generation
concentration
in California, market power in times of shortage has been partially
responsible for the price spikes.
"The observed market power was the combined effect of the bidding activity of
in-state and out-of-state generation sources....
The high prices bid by out-of-state suppliers as well as the high prices
quoted to ISO's out-of-market calls are indications of
the market power of out-of-state suppliers"...[A]t high load conditions, even
suppliers with less than a 9% market share can
have significant market power."
http://www.caiso.com/pubinfo/recent.html | jeff.dasovich@enron.com | dennis.benevides@enron.com, roger.yang@enron.com, douglas.condon@enron.com |
badeer-r/cal_articles/3. | subject: Deregulation: `Conspiracy of Incompetence' Even if energy prices
content: Deregulation: `Conspiracy of Incompetence'
Even if energy prices are being manipulated, it may not be illegal
David Lazarus, Chronicle Staff Writer
STATE -- Profit-hungry power companies may be manipulating California's
electricity prices, industry insiders say, but the attorney general will have
a tough time finding a smoking gun in his price-fixing probe. Even if he does
prove that electricity generators are ``gaming'' the market with a variety of
price-influencing techniques, it's a whole other matter as to whether their
actions violate the law.
State legislators will attempt to shed some light on this murky matter during
hearings today in Sacramento.
What they will quickly discover is that power companies are having a field
day as California muddles through deregulation of its electricity market.
Among other things, power generators are said to be rigging electricity
auctions and holding back juice until higher demand drives up wholesale
prices, representing perhaps the single most glaring example of gaming, or
price-fixing, the market.
However, the generators aren't the only ones to blame for the current mess.
``This has literally been a conspiracy of incompetence,'' said Michael
Shames, executive director of the Utility Consumers' Action Network, a San
Diego grass- roots organization. ``Almost every player has made major
mistakes or a series of mistakes.''
Utilities, he said, are also to blame for whopping price increases by
mishandling power purchases. Meanwhile, state and federal regulators have
demonstrated a virtually unwavering reluctance to weigh in and help stabilize
electricity rates.
At the same time, legislators themselves share some of the blame for
California's energy woes by drafting rules for the deregulated market that
are too easily bent, if not broken.
``All the market participants are taking advantage of very lax rules,'' said
Loretta Lynch, president of the California Public Utilities Commission. ``The
market is not competitive.''
As a stopgap, Gov. Gray Davis yesterday called on the PUC to cut San Diego
electricity prices in half over the next two years, although he was vague on
how this can be accomplished.
1996 DEREGULATION
When electricity deregulation was approved in 1996, the goal was to lower
prices by boosting competition.
In practice, however, only about a half-dozen power generators are now
responsible for as much as three-quarters of the state's energy supply, and
they can set prices pretty much as they see fit.
Officials at the California Power Exchange, the wholesale market where power
companies sell their juice and utilities go shopping, insist that they
closely monitor all transactions.
But they admit that it is impossible to know what may transpire among
generators off the trading floor.
``There are hundreds of ways that somebody could do it,'' exchange spokesman
Jesus Arredondo said of whether price-fixing is possible. ``You could argue
that it happens every day.
``But I don't see how you could call this gaming,'' he said. ``You call it
business.''
There's the rub. Although residents of San Diego, the first California city
to feel the full effects of deregulation, have seen average power bills more
than double over the past three months, power generators say this is simply a
result of supply and demand.
SUPPLY LIMITED, DEMAND RISING
With supply severely limited -- no major power plants have been built in the
state in a decade -- and demand rapidly rising, it is only natural, they say,
that electricity prices would go through the roof.
``It's a feast-or-famine business,'' said Gary Ackerman, executive director
of Menlo Park's Western Power Trading Forum, an energy industry group. ``You
make a lot of money when times are good, and lose a lot of money when times
are bad.''
At the moment, times are very good for power generators. An unusually hot
summer has combined with a booming, tech-fueled economy to push California's
power grid nearly to the breaking point on an almost daily basis.
The question is: Are power companies benefiting from what are, for them,
lucky circumstances, or are they making a bad situation even worse with
practices that may not be illegal but still could be viewed as highly
irresponsible?
FOUR WHOLESALE MARKETS
There are four major wholesale markets for electricity in California. The
biggest is called the daily forward market, where generators and utilities
meet each morning to buy and sell power on an hour-by-hour basis covering the
next 24 hours.
Electricity at times of expected low demand, such as 1 a.m., might go for as
little as $25 per megawatt, while electricity during peak demand -- 3 p.m. to
7 p.m. -- often sells for the maximum allowable amount, or $250 per megawatt.
Longer-term contracts are negotiated on what is called the block forward
market, where prices are more stable.
But, industry sources say, power companies are increasingly focusing more on
the hourly and real-time markets, where the potential for profit is greater
than on the daily forward market because buyers have less room to maneuver --
they have to meet immediate demand.
``Of course people are gaming the market,'' said Dan Richard, senior vice
president of Pacific Gas and Electric Co. ``They know when to make bids and
how to get what they want. Is that illegal? I honestly don't know.''
Brian Rahman, who oversees the real-time wholesale market on behalf of the
California Independent System Operator, agreed that the legality of such
moves has yet to be determined.
``The power marketers know our rules,'' he said, ``and they use them to their
benefit.''
Even so, Power Exchange officials said they will tell legislators today that
their own study of wholesale electricity prices shows that California rates
in June and July were in fact lower than in other states.
``This makes it harder to make a case that market power is being exerted by
power generators,'' said the exchange's Arredondo. ``It's exceedingly
difficult to prove that there's market power.''
NO HEDGING IN SAN DIEGO
Meanwhile, San Diego Gas & Electric has been accused of adding to electricity
price volatility in the Southern California city by not securing long-term
contracts for energy at a steady rate -- a process known as ``hedging.''
Instead, the utility exposed its customers to daily price spikes, which
resulted in power bills surging skyward.
``San Diego is bearing the brunt (of deregulation) for a couple of reasons:
poor hedging and poor hedging,'' Arredondo said.
For its part, PG&E has said it learned its lesson from San Diego and will
make active use of hedging when its customers face the impact of
deregulation, perhaps as soon as next summer.
Davis called last week for Attorney General Bill Lockyer to investigate
``possible manipulation'' in the wholesale electricity market. He also has
asked federal regulators to rule that California's energy market is not
competitive and to mandate ``just and reasonable'' rates.
But regulators at both the federal and state levels so far have been
reluctant to act, preferring instead to allow deregulation to run its course.
For all these reasons, California's energy market has been especially
vulnerable to exploitation by those who may not have consumers' best
interests at heart.
``The system of responsibility is fragmented,'' the PUC's Lynch said, ``and
because it is fragmented, it allows various players to game the market.''
WHAT CAN BE DONE
The solution? It depends who you ask. Most of those on the energy playing
field believe that some degree of regulation is necessary to stabilize
electricity prices, but no one yet knows how far legislators should go in
drafting revised rules.
Increased generating capacity will go a long way toward solving California's
problems, but it will be years before enough new plants come online to bring
supply and demand into balance.
Today's hearings in Sacramento will presumably lay the groundwork for future
initiatives. Although few if anyone knows how to fix things, everyone at
least agrees that something -- anything -- needs to be done.
``Government messes things up a lot of times, and the private sector messes
things up a lot of times,'' said PG&E's Richard. ``But in the end, solutions
emerge because it's just too important. That's the case now.''
E-mail David Lazarus at davidlaz@sfgate.com.
******************************************************************************
******************************************************************************
*****
Gov. Davis Calls for Cut in Electricity Bills
PUC under no obligation to heed unclear request
David Lazarus, Lynda Gledhill, Greg Lucas, Chronicle Staff Writers
Thursday, August 10, 2000
,2000 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2000/08/10/B
U99453.DTL&type=business
Gov. Gray Davis yesterday called on the California Public Utilities
Commission to cut soaring San Diego electricity bills in half during the next
two years.
However, it was not clear how he expects the PUC to accomplish this goal or
whether the commission will even heed the governor's request. Davis does not
have the authority to order the PUC to act.
``This is not a rate freeze,'' Davis told reporters in Sacramento. ``It is a
rate-stabilization plan.''
It appears that what he has in mind is having San Diego Gas & Electric, the
local utility, level out power bills by spreading its wholesale costs over
longer periods. This would reduce customers' bills in the summer but raise
bills at other times of the year.
``This is an oraclelike document,'' Michael Shames, executive director of San
Diego's Utility Consumers' Action Network, said after reading a press release
outlining the governor's position. ``You can read almost anything into it.''
Calling electricity prices in San Diego exorbitant, Davis said he wants the
PUC to reduce average residential power bills from the current level of about
$120 a month to approximately $65.
``Electricity is the pulse of our economy,'' he said. ``Without it, consumers
and businesses are put at risk. California simply cannot afford any more
price spikes or blackouts.''
Carl Wood, a Davis appointee on the PUC, said he believes the governor is
seeking a so-called level pricing program for SDG&E customers. The PUC is
empowered to order the utility to implement such a program.
The utility itself already is urging ratepayers to adopt a similar pricing
plan, thereby paying consistent electricity fees throughout the year.
``We can't make the prices go away, but we can set up a system where the
prices are level and deferred,'' Wood said.
PUC President Loretta Lynch said she will call a special meeting of the
commission for August 21 to discuss the governor's proposal.
Davis' comments came ahead of a joint hearing today at 10 a.m. on
California's energy woes by the Senate and Assembly utilities committees in
the Capitol Building.
Also today, state Sen. Dede Alpert, D-Coronado (San Diego County), and
Assemblywoman Susan Davis, D-Kensington, are expected to introduce identical
bills seeking to roll back electricity rates in San Diego to prederegulation
levels.
``We appreciate what the governor has done, but we feel there needs to be a
parallel track in the Legislature where we find a solution for San Diego
ratepayers,'' Alpert said.
The governor said he will contact President Clinton and James Hoecker,
chairman of the Federal Energy Regulatory Commission, to urge them to
expedite an investigation of California's wholesale electricity market.
He also has called on Attorney General Bill Lockyer to probe suspected price
fixing by power generators.
``I believe in making a profit,'' Davis said. ``I believe in success. But
charging seven, eight, nine times the price you pay for electricity is simply
unconscionable. It's not fair to California. It will bring down our economy,
and it augers very poorly for America.''
Meanwhile, the U.S. Navy said it may sail to the rescue in San Diego by
bringing in its own electricity- generating equipment to keep its extensive
bases in the area humming.
The Navy is SDG&E's single biggest customer, drawing about 3 percent of the
utility's total output.
The Navy said in a statement that it is looking into transporting 10
750-kilowatt generators from its facility in Port Heuneme to San Diego.
For its part, the California Grocers Association said its members will reduce
electricity usage by 10 percent during periods of unusually heavy demand.
This could include lowering store lighting and cutting air conditioning at
some supermarkets.
``Although consumers may notice some differences while in their local
supermarket, the energy-saving measures will not affect normal store
operations,'' said Peter Larkin, president of the association. ``Also, none
of these measures will have a negative impact on food safety or quality.'' | jeff.dasovich@enron.com | richard.shapiro@enron.com, sandra.mccubbin@enron.com, |
badeer-r/cal_articles/4. | subject: Prehearing Conference Statement
content: Attached is the first draft of the prehearing statement in response to the
OII. Mona and I will be revising it. If you have any any comments / concerns,
please provide them by 12 pm PST, Thursday 8/10/00.
Thanks
---------------------- Forwarded by Bruno Gaillard/SFO/EES on 08/09/2000
04:11 PM ---------------------------
"Daniel Douglass" <douglass@ArterHadden.com> on 08/09/2000 03:30:43 PM
To: <Bruno_Gaillard@enron.com>, <mpetroch@enron.com>
cc: "Michelle Dangott" <MDangott@ArterHadden.com>
Subject: Prehearing Conference Statement
Attached is a first draft of the PHC statement, which is based on the outline
Mona sent me yesterday. Please get me any comments by the close of business
Thursday, so that I may prepare a final version that evening. Redline
comments would be greatly appreciated.
Dan
- PHC Statement - First Draft.doc | bruno.gaillard@enron.com | mona.petrochko@enron.com, jeff.dasovich@enron.com, susan.mara@enron.com, |
badeer-r/cal_articles/5. | subject: SDG&E FERC Ad
content: FYI. SDG&E's advertisements in Union Tribune dealing w/ SDG&E's filing at
FERC to extend ISO authority to institute price caps. The ad urges customers
to write to Bill Richardson, FERC, and Senators Boxer and Feinstein.
---------------------- Forwarded by Mona L Petrochko/SFO/EES on 08/09/2000
09:23 AM ---------------------------
Nancy Hetrick
08/08/2000 07:38 PM
To: rcavicch@csc.com, Diann Huddleson/HOU/EES@EES, Susan J Mara/SFO/EES@EES,
Mona L Petrochko/SFO/EES@EES, Victoria Johnson/HOU/EES@EES
cc:
Subject: FERC Ad
FYI! Please share with others. Thanks.
---------------------- Forwarded by Nancy Hetrick/HOU/EES on 08/08/2000 09:32
PM ---------------------------
"Clay, Lora" <LClay@SDGE.com> on 08/08/2000 09:09:10 AM
To: alvisopacific@aol.com, andrew.madden@utility.com, aolutility@yahoo.com,
asinger@newenergy.com, athomas@newenergy.com, bdavis3296@aol.com,
blunden@gmer.com, bpotter@essential.com, cbmartin@newenergy.com,
ccleisgang@powercomenergy.com, charles.jacobini@acnenergy.com,
chris.king@utility.com, cssmis@tampabay.rr.com, dbcpa@gte.net,
dbenevid@enron.com, dcurtis@cleanearth.com, ddyc@go-green.com,
eglpwr@gte.net, ehornquist@sempra-slns.com, emonca@emon.com,
glpatervin@aol.com, gmbr@dynegy.com, gpickering@idahopower.com,
Jeffery_T._salway@aep.com, jmolinda@sel.com, jsmollon@newwestenergy.com,
jwinfield@nicomnet.com, mark_allen@iep.illinova.com, gphillip@enron.com,
marsha@tenderland.com, max.alin@ci.seattle.wa.us, merilyn_ferrara@apses.com,
nhetrick@enron.com, nicomnet@pacbell.net, nsloder@newwestenergy.com,
pantrim@deltanet.com, paula.green@ci.seattle.wa.us, pjeff@smartenergy.com,
poshideri@aol.com, rich.menar@southernenergy.com,
rick.counihan@greenmountain.com, rpatterson@coral-energy.com,
rradmer@cleanenergyservice.com, rrodgers@eenergy.com,
rschlanert@electric.com, russ_koehler@yahoo.com, sebaca@sprynet.com,
tbowers@friendlyenergy.com, tdoughert@sel.com, tezi@webtv.net,
tjon@dynegy.com, trush@utilisource.com, wdale@amdax.com
cc: "Clay, Lora" <LClay@SDGE.com>, "Osborne, Dawn" <DOsborne@SDGE.com>,
"Patterson, Allison" <APatterson@SDGE.com>, "Acuna, Teresa G."
<TAcuna@SDGE.com>, "Stoyanoff, Angie" <AStoyanoff@SDGE.com>
Subject: FERC Ad
Attached is a newspaper ad supporting our filing with the Federal Energy
Regulatory Commission. This ad is part of the continuing series of ads on
SDG&E's activity related to high electricity prices this summer.
This ad appeared in the Union Tribune and North County Times Sunday, August
6.
<<FERCPhoneFinal.pdf>>
Lora Clay
Strategic Lead - ESP Relations
Phone: 858 - 654-1787
Pager: 888 - 826-6916
Fax: 858 - 654-1794
E-Mail: lclay@sdge.com
- FERCPhoneFinal.pdf | mona.petrochko@enron.com | sarah.novosel@enron.com, dennis.benevides@enron.com, roger.yang@enron.com |
badeer-r/cal_articles/6. | subject: Critics Seek More Control Over ISO
content: THE WALL STREET JOURNAL / CALIFORNIA
Critics Seek
More Control
Over ISO
By Marc Lifsher
08/09/2000
The Wall Street Journal
Page CA1
(Copyright (c) 2000, Dow Jones & Company, Inc.)
Some people want the California Independent System Operator to be a lot less
independent.
The Folsom-based nonprofit corporation, which acts as the traffic cop for the
state's electricity grid, has been a lightning rod for criticism during this
summer's power crisis. Though generally praised for keeping lights on in the
face of severe shortages of electricity, the ISO has come under fire for
failing to move more quickly to lower the maximum price it will pay
generators for emergency power to meet demand and prevent blackouts.
Pressure on the ISO has eased considerably since last week, when its
governing board voted to lower the cap on such same-day, emergency purchases
-- the only type of pricing it has the power to affect directly -- to $250 a
megawatt hour from $500. But the heat hasn't been turned off completely. Some
lawmakers still are calling for changes in the 26-member ISO board, which
includes people nominated by power generators, utilities, middlemen, and
commercial and residential customers, among others. The critics want to
streamline the board and make it more accountable to the state's elected
officials.
The ISO was created by the state's 1996 utility-deregulation act to transmit
electricity smoothly between generators and utilities. Lawmakers devised the
independent board as a way to give the various "stakeholders" -- generators,
utilities, middlemen, customers and environmentalists -- a say in how energy
is supplied. Members serve for up to three years.
"It's inappropriate for the ISO governing board to vote on issues that
benefit them financially," says Sen. Dede Alpert, a Coronado Democrat. She
questions the wisdom of allowing out-of-state energy sellers and marketers to
sit on the ISO board and vote on emergency prices, especially when they have
an interest in keeping those prices high.
Sen. Alpert spent much of the Legislature's recent summer recess fielding
complaints about high electricity costs from her constituents, customers of
San Diego Gas & Electric Co., a unit of San Diego-based Sempra Energy. Last
summer, SDG&E became the first investor-owned utility in the state to have
price regulations fully lifted. This summer, its rates have doubled, as high
temperatures and power shortages have swept the West.
In response to a series of price spikes in Southern California and the wider
contention that skyrocketing prices indicate the failure of deregulation,
state lawmakers have scheduled a joint hearing tomorrow in Sacramento. High
on the agenda: possible changes in the ISO's governing structure and scrutiny
of the way it handles power statewide on hot days. Critics say emergency
purchases should be no more than 5% of electric-power sales, but were as high
as 33% of the market on hot days earlier this summer.
Key legislative leaders -- including Sen. Steve Peace, an El Cajon Democrat
who was the architect of the 1996 deregulation law -- would like to make the
ISO more accountable to state elected officials.
Possible changes include preventing industry representatives with conflicts
from sitting on the ISO board, as well as abolishing the ISO entirely and
shifting its responsibilities back to state utilities, under the supervision
of the state Public Utilities Commission. Until 1996, the PUC regulated all
electric utility rates and services.
ISO board members say legislative critics are unfairly focusing anger over
the price spikes on the ISO, which has only a limited ability to set prices.
Most electricity isn't sold through the same-day, emergency market -- but
through long-term contracts between sellers and utilities, or at least a day
in advance through the California Power Exchange, which is a nonprofit
corporation established by the 1996 law to serve as a trading floor.
"We need to create a government structure that is not susceptible to pressure
from one state senator or anyone else," to keep prices artificially low, says
ISO Chairman Jan Smutney-Jones, who represents the Independent Energy
Producers Association, the trade group for non-utility power generators. He
dismisses criticism of the board's out-of-state members. There needs to be
"an independent, interstate board" because energy is transmitted across state
lines, he says. Two Houston-based power sellers on the board, Dynegy Corp.
and Enron Corp., deny any conflict. Chuck Watson, Dynegy's chairman and chief
executive, blames state officials for expanding the ISO's role to include
monitoring prices. "If there's any finger-pointing," Mr. Watson says, "they
probably should start with the big finger pointed right at them."
Substantial restructuring of ISO governance could prove difficult. The state,
through the governor-appointed Electricity Oversight Board, has limited power
to make changes. Past efforts by the Oversight Board to exert control didn't
go far.
Last year, state lawmakers tried to give the Oversight Board the power to
confirm or reject ISO board members to make them accountable to state
officials. (Nominees had previously gone on automatically.) The effort was
opposed by officials of the Federal Energy Regulatory Commission in
Washington, D.C., which argued that the state couldn't have veto power over
the nominees of out-of-state power producers. In a compromise, California
officials were given authority to veto half the board -- those nominated by
residential, industrial, commercial and agricultural power-users.
The federal energy commission has final regulatory authority over the ISO and
has viewed state attempts to meddle with the agency as an unconstitutional
attempt to hinder interstate commerce.
Any proposed changes in ISO's governing structure "would be looked at very
closely by FERC," says ISO attorney Richard Jacobs.
This summer, the ISO board displayed an independence that was annoying to
state lawmakers. In June, Sen. Peace called on the board to lower its price
cap for emergency purchases, from $750 a megawatt hour (roughly the amount of
electricity needed to power 1,000 homes) to $250. The board responded by
lowering the cap to $500 a megawatt hour. A second attempt to lower the cap
to $250 failed to get a majority vote.
The reason? The three private power-seller representatives, including the
Independent Energy Producers Association, were joined by those representing
agricultural, industrial and commercial users in opposing a lowering of the
cap.
Then, the pressure on the ISO board really intensified. Gov. Gray Davis
weighed in, by sending the ISO board a letter asking it to lower the cap "to
the lowest possible level." Energy Secretary Bill Richardson ordered the
representative of federal-public-power sellers to change his vote from no to
yes. A consumer representative from the League of Women Voters also moved to
the "aye" column, allowing the cap to be lowered to $250.
Lowering the cap removes some of the rate pressure on residential and
commercial consumers in San Diego -- and takes some of the heat off the ISO
board. But not entirely: A Public Utilities Commission report on the state's
electricity market that was sent to the governor after the vote said that the
members of the ISO and the Power Exchange boards "can have serious conflicts
of interest" and that both organization aren't "accountable to the state or
its consumers."
An ISO spokesman said the board is in the process of producing a formal
response to the report and it declined to comment. A spokesman for the Power
Exchange said that it has followed the law regarding conflicts and that it
does protect consumers.
--- | jeff.dasovich@enron.com | james.steffes@enron.com, richard.shapiro@enron.com, joe.hartsoe@enron.com, |
badeer-r/cal_articles/7. | subject: RE: Commission Investigation into Functioning of Wholesale/Retail
content: Following today's conference call, Mona and I drafted a revised outline of
our comments in response to the Investigation. We will file a statement on
8/14 at the CPUC. If you have any concerns regarding the outline, please
provide comments ASAP. We will be circulating a Draft Statement prior to
filing for additional comments.
See the attachment for the revised outline
---------------------- Forwarded by Mona L Petrochko/SFO/EES on 08/07/2000
01:17 PM ---------------------------
"Bruno Gaillard" <bgaillar@enron.com> on 08/04/2000 10:23:00 AM
To: Arm@phaser.com
cc:
Subject: SDG&E OII
(See attached file: SDG&E OII.doc)
- SDG&E OII.doc | bruno.gaillard@enron.com | mona.petrochko@enron.com, jeff.dasovich@enron.com, susan.mara@enron.com, |
badeer-r/cal_articles/8. | subject: WPTF Friday Deliver Unto Us A Burrito
content: THE FRIDAY BURRITO
"...more fun than a fortune cookie, and at least as accurate."
=0F"Are those folks smoking crack?=0F" he asked in an outrage. My friend, =
Ol=0F'
Dave in Houston, has trouble understanding the workings of our power
business here in California. In fact, so do I. Yesterday=0F's Joint
Senate/Assembly Committee on Energy and Natural Resources did nothing to
improve either Dave=0F's or my understanding of the national embarrassment
California is perpetrating with electricity deregulation.
=0F"The next thing you know, they will be taking property, and forcing
utilities to build power plants and transmission,=0F" he mused between sips
of Dixie longneck beer and chomps of jalapeno peppers. =0F"Come to think
of it, Dave, they did say something about that. Yeah,=0F" I recalled,
=0F"Senator Peace was expounding on his favorite idea which is forcing the
ISO or the utilities to build peakers, and not let the market build
them. I can=0F't remember if that was before or after he suggested to EOB
Chairman Kahn that the ISO and the PX should be folded into State
agencies under the direction of the Electric Oversight Board.=0F"
I know what you are thinking right now. The next thing you know
California will have regulated retail rates. That recipe should be out
of the PUC=0F's oven sometime next week.
=0F"Well, the power marketers are jigging the system, bidding up to the
ISO=0F's bid cap. There is no way you can tell me that a generator
planned to make $750/MWH in its pro forma,=0F" Dave added. =0F"So you agree
with Herr (Hair) Peace! You don=0F't believe in markets,=0F" I retorted. =
=0F"Oh,
I believe in them, but I remember when I was short on a 300 MW trade,
and without any notice or advanced warning, the price in the Midwest
market went against me,=0F" Dave recalled. =0F"I called everyone who I tra=
ded
with, and they had nothing. I finally called XXXXX, and I asked what
will it cost for 50 MW?=0F"
=0F"Why didn=0F't you ask for 300?=0F" I wondered. =0F"I didn=0F't want to=
show him my
position. You get hosed when you show the buyer your position. Ask for
50, first,=0F" Dave chided.
=0F"What happened?=0F" =0F"Oh, they offered to sell for $150/MWH. I said I=
=0F'd
take it, and then said I needed another fifty. He asked $300. I took
that, and he priced the next 50 MW at $600,=0F" lamented Dave. =0F"He just
wanted to see how far he could push me. That=0F's what I mean when I say
the traders are jigging it.=0F"
=0F"But Dave, you old communist, your forgetting the trading function is
what mitigates the risk. The traders are the in between people who guess
at the price. Sometimes they guess right, and sometimes they guess
wrong. But the damage, or the reward, is on their book, not passed on
to the ultimate consumer. It has nothing to do with the marginal cost of
a generating plant.=0F"
And there you have it. Put in a price cap, and the traders have a
target for which to shoot. I can=0F't prove the following, yet, but I=0F'l=
l
wager with any of you that as the price cap level dips down, the average
trading price climbs even as the so-called =0F"dysfunctional=0F" price spik=
es
are eliminated. Consumers get hosed, and the fundamental economic
principle is upheld, which is, one can never be made better off with the
imposition of an additional constraint.
I feel better already. Here is what is on our short agenda this week.
>>> Things in the Mailbag
>>> Things in the People=0F's Republic of California
@@@ The ISO Replies to the EOB Report
@@@ Reflections on a Day of Senate Hearings
@@@ PUC Issues OII on Functioning of Wholesale Market
>>> Odds & Ends (_!_)
>>> Things in the Mailbag
It has been awhile since we put the mail feedbag on and had a munch.
Here is what my friends have been writing me.
FPL Energy=0F's Steve Ponder was only too quick to tell me, =0F"Please Gary=
,
no more whining about your computer. How old are you?? Is this the
year you get the AARP letter??? A very depressing moment. Do you really
not know how to spell Morro Bay??? Please let us know what is going on
with your son's hockey team?? Don't forget the cigars for Moron???
Bay!!!!=0F"
It is good to have friends like Steve. They make the pain of separation
so much easier. And Steve, when you FPL guys get that Entergy merger
sorted out, in a dozen years or so, you let us know. I want to
participate in the name selection for the new entity. How about
Fentergy PLus?
Next, from the PX=0F's Mark Hoppe, who writes, =0F"As you've heard from
others, I don't know quite how you manage to knock out all this material
each week. The burrito is informative, humorous and usually contains a
sprinkle of irony, tragedy (ISO Drama). Though you are usually neutral
regarding the PX, you are not unduly negative which I appreciate. I
think we do a pretty good job over here and so often people in the
industry forget the amount effort and challenge it took the PX to
successfully open this market.=0F"
Thanks, Mark. I just want you to know that my ability to write this
stuff every week is not constrained by the facts or evidence. I have
learned from watching Herr (Hair?) Peace, that as long as you can talk
(write, too) fast, and have conviction in your statements, regardless of
how groundless they may be, you will have a willing and eager audience.
A few weeks ago, I received from the PX=0F's Jennifer Sherwood a note,
which she wants you to know are her opinions, not necessarily the PX=0F's.
It=0F's okay, Jennifer. I paid George,yesterday, the $20 I owed him for
that sham Rose Bowl bet, (remember?, Stanford lost) and your opinions
are cool with us. =0F"Just curious - has anyone been comparing high
unleaded prices to high CA electricity prices? What I mean is, we are
up in arms about how we should protect the unfortunate San Diego
consumer who can't afford to keep the AC on. But what about the inflated
unleaded gas prices the whole country has seen over the last few
months? No effort is made by the government to shield the consumer from
how much it costs to fill their gas tank. No mention is made of those
who can't afford to drive to the grocery store because they can't afford
the extra 15 or 20 cents a gallon. The costs are passed along to the
consumer without pause. Granted there are differences between the
unleaded market and the electricity market in terms of demand-side
responsiveness, but then again is it that much different to say, =0F`I
can't drive today because gas is too expensive=0F'
vs. =0F`I can't turn up the AC today because it's too expensive.=0F'=0F"
Finally, from one of our [secret] Washington readers, and I am not
telling who, I received the following: =0F"I ... broke down and listened to
the [ISO Governing Board] discussion and vote. Ugh! I too noted that
the "speak fast" was applied to everyone but Herr Peace. My goodness,
what a mess we have. I loved Jerry's picture in USA Today -- it spoke
volumes. My sources at FERC tell me, though, that we should keep an eye
out for {FERC Chairman] Hoecker to do something really ... [Censored]
... for political reasons. Given no Commission meetings til September,
the only way to act is by unanimous consent, so I would hope he can't do
all that much.=0F"
>>> Things in the People=0F's Republic of California
@@@ The ISO Replies to the EOB Report
Several of you people commented to me that the ISO=0F's reply to the
PUC/EOB report was very good. I decided to excerpt the best sections of
it for the Burrito. The full document can be found on the ISO=0F's
website.
=0F"... the [PUC/EOB] Report asserts that the suspected activities of
certain generators on June 13 created frequency instability leading to
the Bay Area blackouts the following day. In fact, the events of June 13
and June 14 were completely independent of one another. The voltage
instability on June 14 was caused by system conditions on that day alone
-- exceptionally high loads, insufficient generation in the specific
local area, and transmission constraints that prevented the import of
generation from outside the area.
=0F"The Report states that the ISO =0F"never tried=0F" to call upon consume=
rs to
reduce demand in order to avoid the Bay Area blackouts. In fact, the ISO
had in place on June 14 a number of demand response programs designed to
reduce load including the Summer 2000 Demand Response Program, under
which customers have agreed, through a prior solicitation, to curtail
energy use in exchange for a fee
=0F"The Report makes a number of assertions concerning the prices paid by
=0F`purchasers=0F' of energy as a result of the recent price spikes (e.g. $=
1.2
billion in the month of June alone). These assertions leave one with the
mistaken impression that these prices reflect amounts actually paid by
the UDCs and/or passed through to customers. However, in determining the
total cost of energy, one must determine the impact of any forward
contracts entered into by the UDCs in advance of the wholesale energy
markets. These contracts, which are designed to =0F"lock-in=0F" a specific
price in advance of real-time or near real-time market activities, are
specifically designed to mitigate the impact of price volatility, and
are standard in all commodities markets. We have reason to believe that
some of the UDCs were substantially hedged during the period of the
recent price spikes.
=0F"In a similar vein, the reports asserts that California =0F"might well=
=0F"
have saved $110 million dollars had a $250 price cap been in place in
May and June. This assertion assumes that all energy purchases would
have been made at or below the $250 bid cap. In fact, during times of
peak demand, when all of the state=0F's generation has been exhausted, the
ISO competes with neighboring regions for available generation. In order
to secure the necessary power, the ISO must purchase, on a bilateral
basis, this energy from resources located outside of the ISO=0F's control
area.
=0F"The Report asserts that California power markets =0F"are not now
competitive=0F" and implies, erroneously in our view, that this is the
normal state of affairs. It is not. The Market Surveillance Committee
has noted that =0F"market power in the California energy market appears to
arise
primarily during periods of peak demand,=0F" and warned that demand growth
would increase the incidence of market power during the summer of 2000.
=0F"The Report asserts that the ISO is answerable only to a self-interested
board and not to the citizens of California. This simply is not the
case. The ISO is subject to the provisions of the Federal Power Act and
to the rules and regulations of FERC, which dictate, in part, that
wholesale energy rates must be just and reasonable and in the public
interest. The ISO further operates under a detailed tariff reviewed and
approved by FERC. Every change to our market design and virtually every
aspect of the ISO=0F's business is subject to review and scrutiny by FERC.
The FERC process provides substantial opportunities for input by the
state agencies and such agencies have, in fact, been active participants
in the FERC proceedings.
=0F"The Report asserts that California supply conditions have been affected
by restructuring and that somehow the restructuring choices have made
California more vulnerable to supply shortages. This assertion is
unfounded. Significant load growth in California and neighboring states
coupled with a lack of significant infrastructure investment in both
generation and transmission have caused this vulnerability.
Restructuring has increased proposed power plant applications many fold.
Only by immediate and sustained attention to streamlining approval and
siting processes for both of these critical infrastructure elements will
this significant shortage be addressed.=0F"
>>> Things in the People=0F's Republic of California
@@@ Reflections on a Day of Senate Hearings
If you want to imagine a scary sight, imagine, then, twelve California
legislators gathering together in one hearing room to rectify the wrongs
of electric restructuring. Also imagine, as if you are in the Twilight
Zone, witnesses that are slow on their feet, and reckless in their
facts. Then you get a glimpse of what yesterday=0F's Joint Senate/Assembly
hearing was like.
It started over two hours late. The Senate was busy congratulating one
of their own who is term-limited out next session, and they wanted to
heap on the glory. That said, the show began with CEC Commissioner Bill
Keese. Mr. Keese has one story, and regardless how well he tells it,
and he does, it is always the same story. It is the heat storm story.
One can imagine in the heat storm story a lead character who is a
single-mom, call her Lady-Bird Bowen, who travels across an angry land
with her precocious pre-teen child, Stevie Wonderboy. They are
searching for electric power plants in the dessert, which, by the grace
of God have been shipped to other countries which have more liberal
returns on investment.
Being the first speaker, Mr. Keese took at least half the heat (storm)
of the day. The rage of the Energy Fuhrer was palpable. Last week, San
Diegans shed 350 MW of load last week to save the entire system, and did
not receive one penny of compensation (I=0F'm not making that up ... He
said it). He is sick of hearing about demand management as being a
solution for the problem over the last five years, and he is about done
listening. People in San Diego are depressed by the sudden price
hikes. Yikes!
Keese did mention that the California reserve margin has sunk to 7%, but
in neighboring Arizona, the reserve margin is -1% or -2%!! Mr. Keese
correctly pointed out that electric power is not solely a California
problem, it is a regional problem. One member of the Committee asked
what the legislature could do to speed up the power plant siting and
construction process?
Keese referred to Governor Gray Davis=0F' Executive Order issued last week
to which the CEC plans to respond soon, date uncertain, that lays out a
6 month permitting time line. The six months are enough if the
applicant has the land secured, zoning okayed, transmission access, and
air offsets. Hmmmmmm. That alone might take six months before you get
to the CEC.
The next panel included Mr. Kahn of the EOB, and Ms. Lynch. I went too
hard on her last week, calling her Let=0F's Do Lynch. That was a 0.8 TPC.
Sorry. I promise to be nicer starting now. The Energy Fuhrer
instructed Ms. Lynch to use her authority to order SDG&E to divert the
pass through of funds from the customers to the PX until the dysfunction
of the market is cured. Put it in an escrow account. Ms Lynch promised
to review this option at her August 21 PUC Meeting where she will enact
SDG&E rate caps (told you).
The star of the day, I thought, was FERC General Counsel Doug Smith.
Mr. Smith comes to Sacramento. Isn=0F't that a switch? Mr. Smith came in
place of Mr. Hoecker, thank the Lord. Mr. Smith put into FERC-eese what
these 12 legislators could not get through their heads any other way.
The 12 angry legislators were looking for a way for FERC to declare the
wholesale market as non-competitive, and then ask the generators to give
back the money they over collected. When can we do that? Mr. Smith
answered as only a FERC attorney can answer. There is a process. It
takes time. You must have evidence. FERC uses a three-part criteria
for assessing whether or not market based rates are allowable. It=0F's
based on market concentration and dominance, not the existence of high
prices. You would have to sue FERC in federal court, and the best you
could hope for is for FERC to reconsider its decision upon remand from
the US Court of Appeals.
Slowly, the wind came out of the sails of the gang of 12. They were
stumped. Herr (Hair?) Peace screamed, couldn=0F't you, Mr. Smith of FERC,
today use your authority to declare the markets non-competitive, that
generators who had market based rates have exercised market power, and
retro-actively implement a $250 rate cap across the Western region?
Like a wheezing accordion, Mr. Smith played back and forth the familiar
strains of music, like a solo street musician on the corner. Back and
forth: the process, the process, the process. There have been times in
the past I hated the process at FERC. Today, I have a renewed respect
for what process affords me and you ... Freedom from the tyranny of a
mob.
For the remainder of the hearing, they focused on remedies that could be
undertaken by the PUC.
>>> Things in the People=0F's Republic of California
@@@ PUC Issues OII on Functioning of Wholesale Market
Well, the official title is, =0F"Order Instituting Investigation into the
Functioning of the Wholesale Electric Market and Associated Impact on
Retail Electric Rates in the Services Territory of San Diego Gas &
Electric Company=0F". I like my title better.
This Order, or OII was issued at the last business meeting of the
Commission, on August 3. It calls for an investigation of the wholesale
markets, responses from the three UDCs, and a pre-hearing conference in
San Diego on August 29 at the San Diego Convention Center.
Here are the questions the PUC wishes us to address:
=0F=07 What bill payment options should be provided to assist residential a=
nd
small commercial customers? (What does this have to do with the
functioning of the wholesale market?)
=0F=07 Should SDG&E be authorized to participate in bilateral contracts or
other supply procurement activities? How should the Commission assess
reasonableness? Are SDG&E=0F's purchasing activities serving its customers
on just and reasonable terms?
=0F=07 What is SDG&E=0F's obligation to minimize energy costs for its curre=
nt
customers?
=0F=07 How should the Commission, Attorney General, EOB, ISO and PX
coordinate to investigate wholesale market events, behaviors, and
irregularities? How should state/federal concerns be addressed?
=0F=07 What are the causes of the price increases? Are anticompeititve
practices causing some of the price increases? Are there mechanisms the
Commission can employ to make ratepayers whole?
>>> Odds & Ends (_!_)
As promised last week, I have a message from our event coordinator, Barb
Ennis, regarding the upcoming WPTF General Meeting on October 5 and 6.
Listen up!
She writes:
Hi Folks......
Well it is almost that time again....WPTF's October General Meeting will
be held at the Inn at Morro Bay, Sixty State Park Road, Morro Bay,
California 93442. Their phone numbers are: 800-321-9566 or 805 772-5651.
The dates are October 5th and 6th, Thursday and Friday.
The Inn at Morro Bay will also honor the same room prices if you choose
to also stay Wednesday,Friday or Saturday. We have blocked 24 rooms for
October 5th. Which range in prices: Petite Room with Queen Bed $89. (16
rooms) Pool and Garden View with King Bed and Private Hot Tub $152. (4
rooms) View of Bay rooms with two (2) Double Beds $152. (4 rooms) All
these rooms are on a First come basis.
SHUTTLE Information: The San Luis Obispo Airport is about 25 to 30
minutes by shuttle NOTE: FOG CAN BE THICK AT THIS AIRPORT..FLY IN THE
AFTERNOON .......
Ride-On Shuttle (805) 541-8747 Rates Door to Door are $22.00 per person
for the 1st person and ONLY $2.00 per person afterwards....SO if some
planning can be done on the Airline Arrival times, through Barb, and one
person books the Shuttle for a Group....the cost is substantially lower.
Now, for(e) our Golfers....Tee times have been booked for Thursday,
October 5th starting at 8.07am, 8.15am and 8.22am (space for 12
Golfers)..Sorry for the early morning start. The Golf Course has a Group
going out from 8.30 am until 11.30am.
The Golf Course is across the Inn at Morro Bay and your contact at the
Course is Pat (805) 471-4360.
For folks that may want to tour, Hearst Castle is located only 30
minutes from the Inn at Morro Bay. Within walking distance of the Inn is
a Natural History Museum, a marina with kayak and canoe rentals.
Shopping and dining along the Embarcadero, and some great hiking.
World class wineries and tasting rooms numbering over 40 are located
within a short drive from the Inn.
If you choose to drive it is 3-hours from San Jose, American Eagle,
Skywest and United Express all serve the local Airport in San Luis
Obispo.
Duke Energy is willing to conduct a Plant Tour (A woman=0F's only plant
tour will be led by Duke=0F's Carolyn Baker) if some may wish to do so.
The sooner we can do the booking, the better. So, bring the Family and
we are looking forward to seeing you at WPTF's General Meeting.
Agenda for October General Meeting
Thursday, October 5
3:30 pm - 5:30 pm All Member=0F's Meeting
7:00 pm - Dinner Reception (We are still working on the details)
Friday, October 6
9:00 am Opening Remarks and Program
Irene Moosen - Distributed Generation Case at the PUC
Bill Freddo - Confessions of a Merchant Plant Operator in New England
ISO
Dr.Frank Wolak - Topic of his choice
Open Session - Everyone Gets a Chance to Speak
Lunch provided at Noon.
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
The object of humor notwithstanding, and seeing how the flow of new
material has slowed a bit, my wife provided this week=0F's laughter. She
didn=0F't have to attend the Senate hearing.
Subject: The Brilliance of Women
There were 11 people hanging onto a rope that came down from a
helicopter. Ten were men and one was a woman. They all decided that one
person should get off because if they didn't the rope would break and
everyone would die.
No one could decide who should go so finally the Woman gave a really
touching speech saying how she would give up her life to save the
others, because women were used to giving up things for their husbands
and children and giving in to men.
All of the men started clapping.
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
Have a great weekend, y=0F'all [applause]
gba | foothi19@idt.net | charlotte@wptf.org |
badeer-r/california/1. | subject: CAISO Notice: Summer 2001 Generation RFB
content: Market Participants,
The California ISO is initiating this Request for Bids in an effort to
obtain up to 3,000 MW of new generation resources to allow the ISO to
operate the ISO Control Area to meet Applicable Reliability Criteria under
peak Demand conditions during the Summer Period of 2001.
While the ISO seeks to acquire generation resources under this RFB through
one-year agreements, it will also consider bids that require an ISO
commitment for the Summer Periods of 2002 and 2003 if responses proposing
one-year arrangements prove insufficient to meet the ISO's requirements.
The RFB is attached to this email and posted on the ISO Web site at
http://www1.caiso.com/clientserv/stakeholders/
Inquiries regarding this RFB should be directed in writing or electronically
to Brian Theaker as noted on the first page of the RFB.
Don Fuller
Director, Client Relations
> <<Summer Generation RFB.doc>>
>
>
- Summer Generation RFB.doc | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/california/10. | subject: CA ISO / CAL PX Information Related to 2000 Market Activity
content: Tim/Bob:
Attached is the letter that we sent to Lynch explaining the info we thought
ought to be made publicly available. We're discussing how we can ensure that
the market has access to any and all information that FERC might use in its
"investigation" so that independent analyses might be undertaken. Is there
anything in addition to the information we included in the letter to Lynch
(or that is already be publicly available) that FERC might use in its
investigation and that we ought to target for public release? Thanks alot.
Best,
Jeff
---------------------- Forwarded by Jeff Dasovich/SFO/EES on 08/16/2000 04:14
PM ---------------------------
James D Steffes
08/16/2000 04:02 PM
To: Joe Hartsoe/Corp/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Susan J
Mara/SFO/EES@EES, Mary Hain/HOU/ECT@ECT, Jeff Dasovich/SFO/EES@EES
cc: Steven J Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, Paul
Kaufman/PDX/ECT@ECT
Subject: CA ISO / CAL PX Information Related to 2000 Market Activity
We need to come up (very quickly) with a strategy on how to get the market
information that will be important for FERC Investigation into the public
arena.
I keep thinking that FERC can require the information and somehow get it made
public right away.
1. What information is not public that would be helpful?
2. What strategy will work to get FERC to take action?
Jim | jeff.dasovich@enron.com | sarah.novosel@enron.com, james.steffes@enron.com |
badeer-r/california/11. | subject: CAISO NOTIFICATION - UPDATE ON INTER-SC TRADES ADJUSTMENT BID PRO
content: UPDATE ON INTER-SC TRADES ADJUSTMENT BID PROJECT TIMELINE
Market Participants:
Market Participants, through TSWG, have expressed concern about the
currently scheduled release time between 10 minute settlements and Inter-SC
Trade Adjustment Bid functionality. As a result of the delay to
implementation of 10 minute settlements, the release time frame has
decreased from the original 1 month to approximately 2 weeks. Understanding
these timing concerns, the ISO has decided to delay the implementation of
Inter-SC Trade Adjustment Bid.
Therefore, the ISO is revising the implementation target date for Inter-SC
Trade Adjustment Bid until the first week of October 1, 2000. Following is
an updated project timeline.
Prior to the ISO making this decision, feedback from both business and
technical sides of the Market Participants were taken into consideration.
It was determined that this later date will allow Market Participants
additional testing time to prepare for a successful implementation of the
Inter-SC Trade Adjustment Bid software.
CRCommunications
Client Relations Communications
PROJECT TIMELINE
Final SI/PMI templates to Market Participants 6/13/00
Parser Development 6/23/00 -
7/14/00
Draft Parser provided to Market Participants 7/13/00
SC Training
7/14/00
ISO internal integration testing 8/1/00 -
8/25/00
Market simulation 9/05/00
- 9/15/00
Additional SC Training 9/18/00 -
9/22/00
FERC Filing
(Week of) 9/18/00
Implementation (Week
of) 10/1/00 | crcommunications@caiso.com | 20participants@caiso.com, tswg@caiso.com |
badeer-r/california/12. | subject: Update to the MIF Meeting Presentations on the ISO Website
content: An update of the Summer 2001 Preparedness MIF presentation has been posted
on the website. The update specifically addresses the Load Programs Schedule
with clarification for the Vendor meeting and the Participant meeting. The
link below will take you directly to the website.
http://www.caiso.com/docs/2000/06/12/200006121229457917.html
Don Fuller
Director, Client Relations
916-608-7055
DFuller@caiso.com | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/13. | subject: MIF Presentations
content: The presentations from the Market Issues Forum meeting of August 9 are now
available at our website. The link below should take you there automatically
but if you have problems, the presentation is located under Client
Services/Meetings & Training/Market Issues Forum.
http://www.caiso.com/docs/2000/06/12/200006121229457917.html
Sue Happ
Administrative Assistant
Client Relations
(916) 608-7059
shapp@caiso.com | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/14. | subject: LARS Meeting Update
content: The LARS meeting, scheduled for August 21, will be at CA ISO in Folsom,
conference room 101A 1a & b from 10:00 a.m. to 4:00 p.m. If you cannot
attend, there will be conference call access at 877-670-4098, Pass code:
129329.
Sue Happ
Administrative Assistant
Client Relations
(916) 608-7059
shapp@caiso.com | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/15. | subject: CAISO NOTICE: AGENDA for CMR Stakeholder Meeting August 16-18
content: Market Participants:
Attached please find the Agendas for the upcoming CMR Stakeholder Meetings,
being held August 16-18.
<<Agenda August 162000.rtf>> <<Agenda August 172000.rtf>> <<Agenda August
182000.rtf>>
If you plan to attend these meetings, and would like to eat, please don't
forget to RSVP to Colleen Grant via email or telephone. cgrant@caiso.com or
(916)608-7069.
Regards,
Byron Woertz
Director, Client Relations
- Agenda August 162000.rtf
- Agenda August 172000.rtf
- Agenda August 182000.rtf | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/16. | subject: CAISO Notice: Aug. 23rd SDG&E/Valley-Rainbow Stakeholder Meeting
content: > Market Participants and Stakeholders:
>
> The draft agenda on the detailed studies being conducted for the
> Valley-Rainbow 500 kV Project as well as draft summer peak and spring
> shoulder peak base cases have been posted on the Cal-ISO web page
> http://www.caiso.com/thegrid/planning/sdge500kvtrans.html.
>
> Please submit your comments no later than August 17, 2000 to Linda Brown
> [LPBrown@SDGE.com] and Catalin Micsa [cmicsa@caiso.com].
>
> The final base cases will be presented at the stakeholder meeting
> scheduled for August 23, 2000 in San Diego.
>
> Thank you.
>
> Catalin Micsa
> Grid Planning
> California ISO
> | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/california/17. | subject: CAISO Notice: August 31 Distributed Generation Meeting
content: To Market Participants:
At the Market Issues Forum yesterday, Jeanne Sole led the presentation on
Distributed Generation, presenting the initial ISO thinking based on recent
proceedings and feedback from participants. In the context of the CPUC
proceeding on distributed generation, the ISO has identified ISO
requirements that should be clarified or revised to accommodate distributed
generation. The ISO has scheduled a meeting on August 31 , in Folsom,
from 10:30 AM -3 PM to discuss its initial ideas on
clarifications/revisions. The ISO invites entities interested in discussing
these ideas and other ideas related to distributed generation to attend. It
is our schedule now to take this issue to the Governing Board in October.
The ISO will distribute information on its initial ideas along with more
information on the location of the meeting by Friday August 18.
Don Fuller
Director, Client Relations | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/california/18. | subject: FW: CAISO Notice: Posting of Key ISO Documents
content: > Market Participants,
>
> The ISO has posted the following key documents on the ISO WEB Page:
>
> 1. ISO Response to CPUC/EOB Summer 2000 Report to the Governor
>
> 2. ISO Action Plan to Accelerate Demand Response, Generation, and
> Transmission Projects
>
> 3. ISO Report on California Energy Issues and Performance: May-June 2000
> (DMA)
>
> 4. ISO Testimony provided today to the California State Legislature by
> Terry Winter, President and CEO
>
> We encourage your review of all of these items.
>
> Item 1 is located at: http://www.caiso.com/ (At the bottom of the white
> bar)
>
> Items 2-4 are located at: http://www.caiso.com/pubinfo/recent.html
>
> Don Fuller,
> Director, Client Relations | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/19. | subject: DMA White Paper on Price Cap Extension
content: Market Participants,
Yesterday at the Market Issues Forum, we presented a discussion on long-term
price cap authority. This is a matter for discussion now because the
previously granted authority from FERC expires on Nov. 15, 2000. Attached
is the white paper discussing this topic. We will seek Board approval on
this matter at the September 6-7 Board meeting. If you have comments on
this paper, please forward them to Keith Casey at kcasey@caiso.com.
Don Fuller
Director, Client Relations
> <<DMA.Price-Cap.Aug10.final.doc>>
>
>
- DMA.Price-Cap.Aug10.final.doc | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/california/2. | subject: CAISO Notice - Stakeholder Comments from August 16-18 CMR Meeting s
content: Greetings:
Stakeholders' comments from the August 16-18 meetings on the
Comprehensive Market Redesign (CMR) recommendation are now posted at
http://www.caiso.com/clientserv/congestionreform.html
<http://www.caiso.com/clientserv/congestionreform.html> .
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/20. | subject: Re: Governor's Press Conference -- Shot Across the Bow
content: There appears to be a pattern forming. The administration seems to make a=
=20
scene just prior to large events (e.g., Davis' letters calling for wholesal=
e=20
caps just prior to the ISO Board vote, and now this on the eve of the joint=
=20
Assembly/Senate hearing scheduled for today).
In other late-breaking news. On the heels of this press conference, I=20
received late last evening from Loretta Lynch's chief of staff a copy of a=
=20
proposed decision Lynch will release today reversing last Thursday's decisi=
on=20
rejecting (0-5) retail price caps in San Diego. The draft decision she=20
proposes would establish an "interim" retail rate cap only for SDG&E=20
residential and small commercial customers. She proposes to use a "balanci=
ng=20
account" to finance the cap. Though it looks like the "interim" cap would=
=20
extend through December 2003, there is one place in the decision that state=
s=20
the cap should only extend through December 2000.
"Karen Edson" <kedson@ns.net> on 08/09/2000 06:58:13 PM
To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson=20
(E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)"=20
<billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>,=20
"Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane=
=20
(E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)"=20
<dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed=
=20
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)"=20
<emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com=
>,=20
"Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)"=20
<riobravogm@aol.com>, "Frank DeRosa (E-mail)"=20
<fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>,=
=20
"Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)"=20
<jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jim=20
Willey (E-mail)" <elliottsa@earthlink.net>, "Joe Greco (E-mail)"=20
<joe.greco@uaecorp.com>, "Joe Ronan (E-mail)" <joer@calpine.com>, "John Sto=
ut=20
(E-mail)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)"=20
<jweisgall@aol.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Kent Ficke=
tt=20
(E-mail)" <kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>,=
=20
"Marty McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos=20
(E-mail)" <paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)"=20
<rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)"=20
<rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>,=
=20
"Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)"=20
<smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "Tron=
d=20
Aschehoug (E-mail)" <taschehoug@thermoecotek.com>, "William Hall (E-mail)"=
=20
<wfhall2@duke-energy.com>, "Richard Hyde (E-mail)" <rwhyde@duke-energy.com>=
,=20
"Sandi McCubbin (E-mail)" <smccubbi@ees.enron.com>, "Stephanie Newell=20
(E-mail)" <stephanie-newell@reliantenergy.com>, "Glenn R. Etienne (E-mail)"=
=20
<gret@dynegy.com>, "Nick Wallace (E-mail)" <njwa@dynegy.com>
cc: "Ann Kelly (E-mail)" <kelly@hnks.com>, "Bev Hansen (E-mail)"=20
<bhansen@lhom.com>, "Bob Judd (E-mail)" <caltech@ns.net>, "Govenar Scott=20
(E-mail)" <sgovenar@govadv.com>, "Hedy Govenar (E-mail)"=20
<hgovenar@govadv.com>, "Levake Barbara (E-mail)" <blevake@syix.com>, "Monag=
an=20
Mike (E-mail)" <mrmonagan@aol.com>, "Rob Ross (E-mail)" <robbiz@cwo.com>,=
=20
"Ron Tom (E-mail)" <rtom@govadv.com>, "Rudman Cary (E-mail)"=20
<cjrudman@softcom.net>, "Susan McCabe (E-mail)" <sfmccabe@mindspring.com>=
=20
Subject: Governor's Press Conference -- Shot Across the Bow
Governor Davis held a press conference today at which he accused
"out-of-state generators" of price gouging and market manipulation. He
called on FERC to expedite their investigation of the market and to provide
for consumer rebates if FERC cannot conclude that California prices are
"just and reasonable."
Below are my notes from the press conference. Attached is the Governor's
press release.
Karen Edson
Notes from Gov. Davis=01, Press Conference:
Opening Statement
Record hot temperatures; lack of supply; price manipulation have created th=
e
crisis.
Electricity is the life blood of the State's economy.
He (the Governor) has responded with several recent steps.
Among them is his request that the AG & FERC examine price manipulation
1st Point
He is calling on the CPUC to establish a price stability rate for consumers
and business.
His intent is to reduce rates to $55-$65/mo. for next year or two. (This
point was unclear. Did he mean rates, bills, or what?)
Customers need predictable, reliable, affordable rates
2nd Point
The Governor called on President Clinton and Chairman Hoecker to expedite a=
n
investigation of the unconscionable rates being charged by out-of-state
generators to California utilities
The Governor wants FERC to make evidentiary findings that rates are just an=
d
reasonable. If FERC can=01,t make such findings, he wants them to require
consumer rebates. (This portion of his comments is not reflected in the
attached press release. It is taken right from the script of Senator Steve
Peace.)
3rd Point
Believes deregulation will work. Generators must be held responsible. When
gouging and extorting; you must pay the price.
Karen Edson
kedson@ns.net
916/552-7070
- A. GOVERNOR Press Release 8-10.doc | jeff.dasovich@enron.com | susan.mara@enron.com, mona.petrochko@enron.com, sandra.mccubbin@enron.com, |
badeer-r/california/21. | subject: CAISO NOTIFICATION: Request For Comments Regarding Adjustable Int
content: > As a result of the delay to 10 minute settlements, members of the SC's
> technical development staff via TSWG have expressed strong concern about
> the short time between the scheduled release of 10 minute settlements and
> adjustable inter-SC trades functionality. Adjustable inter-SC trades are
> currently scheduled for September 11 release. The adjustable inter-SC
> trade functionality was identified by Market Participants as a very
> important functionality that should be released ASAP. Prior to the ISO
> making any final decisiions on propsoed schedule changes rollout of the
> adjustable inter-SC trade functionality, the ISO is seeking additional
> feedback from both the business and technical sides of the Market
> Participants. Please provide your recommendation and any impact a
> change of scheduled rollout of 2-3 weeks for adjustable inter-SC trades
> would have on your business and systems to Jim Blatchford by Friday,
> August 11.
>
> Mark Rothleder
> Manager of Market Operations
> CAISO | crcommunications@caiso.com | 20participants@caiso.com |
badeer-r/california/22. | subject: CAISO NOTICE: Executive Summary of Stakeholder's Comments...
content: Market Participants:
The ISO has posted on its web site an Executive Summary of Stakeholders'
comments as well as a compilation of all comments received in prior to the
August 1 ISO Governing Board meeting. You can view these documents at
http://www.caiso.com/clientserv/congestionreform.html
Regards,
Byron Woertz
Director, Client Relations | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/23. | subject: CAISO Congestion Model
content: put this into the congestion redesign file if you haven't alread.
---------------------- Forwarded by Tim Belden/HOU/ECT on 08/08/2000 09:55 AM
---------------------------
Susan J Mara@EES
05/16/2000 08:33 AM
To: Steven J Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, Tim
Belden/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON
cc:
Subject: CAISO Congestion Model
Carl has been working with Enron and others and the ISO to develop a model
that works for CA as well as for the Desert Southwest (which the ISO would
then operate). I think this summary explains the kinds of things were trying
to get in congestion management reform. I'll send a few other things to look
at.
---------------------- Forwarded by Susan J Mara/SFO/EES on 05/16/2000 10:28
AM ---------------------------
Carl Imparato
04/24/2000 12:49:26 PM
Sent by: Carl Imparato
To: zalaywan@caiso.com
cc: smara@enron.com, curt.hatton@gen.pge.com, jim.filippi@gen.pge.com,
gackerman@wptf.org, alexp@eccointl.com, kewh@dynegy.com, skelly@iepa.com,
jstremel@apx.com, bmspeckman@aol.com
Subject: CAISO Congestion Model
Ziad:
Per our conversation this morning, attached is a summary of what I view to be
the key attributes of a "reformed" zonal congestion model. The document does
not fully address all of the issues discussed at last Thursday's congestion
reform meeting in Sacramento, but I believe that (other than for some
details) it is consistent with what both the ISO and many of the market
participants are proposing.
This summary does not necessarily reflect the views of my clients, who
haven't yet had the time to review it... but I don't believe that it would be
too far off.
I am sending this summary to you to put into context the many comments that I
offered at last Thursday's meeting and also to support my view that, if the
ISO were to implement the CONG/ASM integration by DECENTRALIZING the process
rather than CENTRALIZING the process, there would not be much difference
between what I've been advocating in the Southwest and the CAISO's model.
(The primary remaining differences would be: (i) the way the "hour-ahead"
process works - i.e., continuously vs. one discrete time; and (ii) the way
scheduling is done - i.e., the ISO would not act as the SC's representative
in acquiring rights that could be made available through inter-zonal
counterflows since the SCs would do this themselves.) So there is a real
possibility that, with some agreement on the ISO's longer-term plans (whether
integration of transmission rights and ancillary services procurement will
rely on decentralization vs. centralization), we could bring together the
models for the region.
Carl
[Sue, Curt, Jim, Gary, Alex, Kent, Steven, John and Barney: I'd appreciate
any feedback... but if you want me to see it, be sure to send it to
cfi1@tca-us.com, NOT the enron address from which this e-mail was sent.
Carl] | tim.belden@enron.com | robert.badeer@enron.com |
badeer-r/california/24. | subject: Stakeholder Meeting in San Diego
content: MEETING NOTICE
Cal-ISO Market Participants and SDG&E Stakeholders:
A Cal-ISO Stakeholder meeting will be held in San Diego on Wednesday August
23, 2000 to discuss the preliminary study results of SDG&E's annual
five-year transmission expansion plan and detailed studies being conducted
for the Valley-Rainbow 500 kV Project. The meeting will be held at:
Sempra Energy Corporate Headquarters
Auditorium 3
101 Ash Street (corner of First Ave & Ash St)
San Diego, California 92101
9:30 AM to 2:30 PM
Lunch will be provided.
For more information on this subject please refer to the ISO web site at
www.caiso.com. Documents pertaining to the 2000 SDG&E Transmission Expansion
Plan are located at:
http://www.caiso.com/docs/2000/02/28/2000022816421912528.html
A map showing directions to Sempra Energy's office location from the airport
is available upon request. If you plan to attend this meeting, please RSVP
to Dave Miller at the telephone number or E-mail address shown below by
Wednesday August 16, 2000.
David M. Miller, Jr.
Telephone (858) 654-8623
E-mail dmmiller@sdge.com
Fax (858) 654-8636
If you have questions regarding the meeting arrangements, please contact
David Miller.
If you have questions regarding the studies, please contact Steve Mavis at
916-351-2112 or smavis@caiso.com.
Don Fuller
Director, Client Relations
916-608-7055
DFuller@caiso.com | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/25. | subject: CAISO NOTICE: CMR Stakeholder Meetings August 16-18
content: Market Participants:
As announced previously, the ISO will hold Congestion
Management Reform Stakeholder Meetings on August 16-18.
All meetings will take place at the CAISO Headquarters, 101
Blue Ravine Road, Folsom.
For those of you who will not be attending, the call-in
information is as follows:
Wednesday, August 16th
Number: (877)381-6004
Passcode: 668666
Leader Name: Byron Woertz
Thursday, August 17th
Number: (877)381-6004
Passcode: 817904
Leader Name: Byron Woertz
Friday, August 18th
Number: (877)381-6004
Passcode: 668236
Leader Name: Byron Woertz
In these meetings, we will address:
* FTRs;
* Day Ahead and Hour Ahead Congestion Management;
* Recallable Transmission;
* Real Time Operations;
* New Generator Interconnection Policy;
* Long Term Grid Planning; and
* Questions and issues on Local Reliability Service that arose from
the July 25 Stakeholder meeting.
We will send a more specific Agenda as soon as it is
available. Each day will start with a Continental Breakfast at 8:30a.m.,
and the meetings will start at 9:00 a.m. We will be serving lunch at
approximately 12Noon. In order to make sure we order enough food, have
adequate seating, and computers for entering feedback, we request that you
RSVP no later than Monday, August 7th to cgrant@caiso.com.
We will also meet on August 25 to discuss the ISO's final
recommendation to the ISO Governing Board. Details of this meeting will be
sent to you as we get closer to the meeting date.
Byron Woertz
Director, Client Relations | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/26. | subject: CAISO Notice - Release of Public Bid Data
content: Market Participants:
Pursuant to the ISO's Governing Board decision in October
1999 and FERC's ruling in March 2000, the ISO has begun releasing market bid
information, lagged by a six month period and without revealing the names of
bidders, beginning on August 1, 2000 for operating date February 1, 2000.
Bid data will be provided for the ISO's ancillary service markets, real-time
energy market, and congestion management market.
These data can be found on the ISO's web site at
(http://www.caiso.com/marketops/OASIS/
<http://www.caiso.com/marketops/OASIS/> ) and will be updated daily.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/27. | subject: information from iso
content: i would categorize things in the following manner:
day ahead markets we want bid information (e.g., ancillary service markets,
transmission markets, generation adjustment bids, load adjustment bids,
import adjustment bids, export adjustment bids), initial preferred schedules,
final schedules.
hour ahead markets we want the same thing.
real time market we want bid information, beep dispatch instructions.
after the fact we want actual meter information to get actual unit by unit
production and load zone consumption.
per bob badeer, we want to see transmission information broken down between
new firm use and existing transmission contracts. we need adjustment bids,
day ahead schedules, hour ahead schedules, real time adjustments, actual
flows, and transmission availability by category of ownership (etcs, nfu).
we want this for all transmission lines.
unit outage information. planned outages and forced outages.
rmr calls.
---------------------- Forwarded by Tim Belden/HOU/ECT on 08/01/2000 06:14 AM
---------------------------
From: Robert Badeer on 07/31/2000 04:05 PM
To: Jeff Dasovich/SFO/EES@EES
cc: Tim Belden/HOU/ECT@ECT, Jeff Richter/HOU/ECT@ECT
Subject: information from iso
Jeff,
Tim told me to put together a list of inormation we would want from the ISO.
As a general rule, we want all information released. Here are some of the
highlights:
1. ETC schedules on each transmission line (both DA and HA). We want to see
the ETC schedules at the same time they are submitted to the ISO on the
following paths:
a. path 15
b. path 26
c. nw1
d. nw3
e. az2
f. az3
g. lc1
2. Actual flows on each path. (real time flows)
3. How many mw's get cut on each path DA? i.e. how many mw's are adjustment
bid out of the stack
4. Intrazonal Cong
a. What paths have intra-zonal cong
b. How many mw's flow, how many get cut on a DA/HA basis
5. BEEP stack
6. All load and generation bids DA by SC
7. Real time production from each plant | tim.belden@enron.com | jeff.dasovich@enron.com |
badeer-r/california/28. | subject: GREAT NEWS ****FERC Order on Morgan Stanley Complaint Against ISO
content: Dan Douglass summarized this. This really puts CA and the ISO on notice that
they cannot confiscate the power as they seem ready to do -- FERC reiterates
that the generators can sell power wherever they want because the cap is a
cap on ISO purchases. ANd if the ISO want to set a sale price cap it has to
file with FERC, wait 60 days and amend its contract
---------------------- Forwarded by Susan J Mara/SFO/EES on 08/01/2000 01:01
AM ---------------------------
"Daniel Douglass" <douglass@ArterHadden.com> on 07/31/2000 07:27:24 PM
To: <peter.bray@att.net>, <JBarthrop@electric.com>, <mnelson@electric.com>,
<rschlanert@electric.com>, <Bruno_Gaillard@enron.com>, <kmagrude@enron.com>,
<mpetroch@enron.com>, <susan_j_mara@enron.com>, <athomas@newenergy.com>,
<bchen@newenergy.com>, <Jeff.Hanson@phaser.com>, <anchau@shellus.com>,
<andrew.madden@utility.com>, <ben.reyes@utility.com>,
<chris.king@utility.com>, <david.bayless@utility.com>
cc:
Subject: FERC Order on Morgan Stanley Complaint Against ISO
We have good news on the ISO price caps front. The FERC has made it
clear that ISO does not have the ability to mandate that generators sell to
ISO at its price caps and that the proper response to inadequate supply is to
lift the price caps.
On Friday, the FERC issued its Order on Complaint in connection with the July
10 complaint filed by Morgan Stanley Capital Group Inc. ("MS"). As you may
recall, MS requested FERC to issue a stay of the ISO's maximum purchase price
authority and to direct the ISO to reverse any price cap reductions. MS
sought Fast Track processing pursuant to Rule 206(h), which was granted by
FERC on the grounds that the complaint "warrants expeditious action."
As a quick background summary for you, last November, FERC issued an order
approving Tariff Amendment 21 which extended ISO's price cap authority
through 11/15/00. That order stated that the ISO "maximum purchase price was
not a cap on what the seller may charge the ISO, but a cap on what the ISO
was willing to pay." The Commission said that sellers dissatisfied with the
price cap could "choose to sell those services into the California Power
Exchange or bilateral markets."
FERC notes in Friday's Order that the 6/28 the ISO's Board resolution lowered
the caps to $500 and ISO further directed that, "To the extent permitted by
law, regulation and pre-existing contract, Management shall direct generators
to bid in all their capacity when system load exceeds 38,000 MW."
The MS complaint alleged that the cap reduction was unlawful and would,
"threaten the stability and integroty of the marketplace." MS also requested
an emergency technical conference to examine ISO's justification for the
price cap reduction.
FERC denied the MS stay request, as well as its request that the $750 maximum
purchase price be reinstated. The Commission reiterates that it is not
approving a cap on sellers' prices, because they can sell at whatever price
they want. Rather ISO has simply stated the maximum price it is willing to
pay. "Because sellers are not required to sell to the ISO, the ISO cannot
dictate their price."
Importantly, however, FERC also states that, "ISO has no more or less ability
to procure capacity and energy than any other buyer of these services....if
the ISO is unable to elicit sufficient supplies at or below its announced
purchase price ceiling (because generators are free to sell elsewhere if they
choose), it will have to raise its purchase price to the level necessary to
meet its needs." [Emphasis added] FERC then notes that this may lead to an
increase in Out of Market ("OOM") calls and that OOM calls are not subject to
a maximum purchase price.
Also, with regard to the ISO's resolution stating that generators must bid
their capacity into the ISO markets when system load exceeds 38,000 MW, FERC
states clearly that, "such a requirement is not permitted by our November 12
Order and the ISO tariff." [Emphasis added]
FERC goes on to say that any requirement to sell to ISO in conjunction with a
maximum purchase price would require significant revisions to ISO's market
rules, which could not be made effective without a corresponding amendment to
ISO's tariff. This would require 60 days' advance notice, "and could not be
implemented prior to Commission approval. As stated above, our November 12
Order was clearly based on the premise that the proper response to inadequate
supply (due to a low maximum purchase price) is to raise the maximum purchase
price."
ISO is then "put on notice that any amendment to mandate sales must be
accompanied by a demonstration that this extreme measure is the proper
response to low supplies in the ISO markets."
Concurrences were filed by Commissioners Massey and Hebert. Massey suggests
that the state has to facilitate solutions to market issues, such as risk
management tools, removing constraints on hedging opportunities, introducing
real time pricing through real time metering and expediting approval of new
generation and transmission projects in California. Hebert says that the
previous November Order tried to "straddle the fence" and that, "Today, the
Commission at least starts to lean slightly in the right direction of
recognizing that we have a role." He then reiterates his preference for
removing all price caps. He also suggests that, "Getting to the bottom of
the problem, in my view, requires us to begin a proceeding to rescind our
approval of the ISO as operator of the California grid. The record supports
such a move." He refers approvingly to the Collins resignation letter,
stating that it, "thoughtfully outlines consequences to the market of a
return to 'command and control.' " Hebert states that, "The independence of
the ISO's governing structure stands threatened. We should 'stand up,' to
quote the resignation letter." Hebert advocates opening a section 206
proceeding now, as part of the recently announced inquiry into bulk power
markets, "including the California markets."
This decision makes it clear that ISO cannot lower the caps at tomorrow's
meeting and expect that sellers will be required to sell to it at that
price. This is an important development and very good news in our ongoing
efforts to seek economic sanity at the ISO.
Please call if you have any questions.
Dan | susan.mara@enron.com | david.parquet@enron.com, tim.belden@enron.com, robert.badeer@enron.com, |
badeer-r/california/29. | subject: CAISO Notice - Posting of Additional Appendices to Support CMR Re
content: Market Participants:
The ISO has posted the following materials regarding CAISO's
Congestion Management Reform (CMR) Recommendation.
Congestion Management Reform Recommendation (This is the
same as the version posted on July 11th with the exception that we have
corrected typographical errors.)
Appendix A - Terminology and Acronyms A glossary of various
terms and acronyms used throughout the CMR Recommendation package.
Appendix B - Locational Price Dispersion Study Summarizes
the areas of empirical study in which the ISO is currently engaged and
describes the objective, design, and preliminary results of the ISO's
analysis of the dispersion of locational prices throughout the ISO control
area.
Appendix D - Assessment of CMR Design Recommendation with
Respect to Stakeholder Evaluation Criteria Compares the CMR Recommendation
against the specific evaluation criteria agreed to by the ISO and Market
Participants at the first stakeholder meetings.
Appendix E - Congestion Management Redesign Options Not
Adopted in the CMR Recommendation
Appendix G - System Impacts Summarizes the anticipated
impact of CMR Recommendation on the ISO's primary systems, such as SI/SA,
BBS, FTR, EMS, etc. The purpose of this appendix is not to provide detailed
cost-benefit evaluation of the proposal, which we believe would be entirely
subjective and of little value.
Appendix H - Intra-Zonal Congestion Management Mitigation
Costs During 1999 and Their Application to Local Reliability Areas.
It is our intent to publicly distribute Appendix C, as
identified below, by mid August. In the final draft of
the recommendation package, to be publicly distributed and
provided to the Board in late August, we will
provide the following additional appendices as well as
updated versions of those identified above.
Appendix C - Market Separation Study The objectives, design,
and preliminary results of the other ongoing study being undertaken in
connection with the Congestion Management Reform process.
Appendix F - Summary of Stakeholder Comments of California
ISO Congestion Management Proposals A summary of all stakeholder comments
received to date on the various proposals and concepts incorporated into
this recommendation package.
You can find these Appendices along with the original
proposal and feedback form at
http://www.caiso.com/clientserv/congestionreform.html.
Byron Woertz
Director, Client Relations | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/3. | subject: CAISO Notice: Friday August 25 ISO Governing Board Conference Ca ll
content: Market Participants,
The ISO has noticed a teleconference of the Governing Board on Friday August
25 to discuss underscheduling in forward markets. The link below will take
you to the Meeting Notice and information for the conference call numbers.
http://www.caiso.com/meetings/docs/000825noticeofbogspecialmtg.pdf
If advance materials are provided to the governing board members, they will
be posted and noticed via email.
Don Fuller
Director, Client Relations | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/california/30. | subject: CAISO Notice - Congestion Management Reform Stakeholder Meetings
content: Market Participants:
After yesterday's announcement of CMR stakeholder meeting
schedule changes, we learned of a conflict with previously-scheduled
meetings on August 15 that affected many of you who have been active in the
CMR process. As a result, we have rescheduled the stakeholder meetings to
discuss details of the CMR Recommendation for August 16-18. We give you
specifics of these meetings as soon as they are available.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/31. | subject: CAISO NOTICE: CMR Comments Deadline - Friday, July 28, 5pm
content: Market Participants:
Just a couple of friendly reminders...
1. The deadline for you to submit your preliminary comments for the CMR
Recommendation will be tomorrow, Friday, July 28, 2000 at 5:00pm.
2. Please remember you will need to use the template we have provided for
you. You can download the template from the CAISO website at
http://www.caiso.com/clientserv/congestionreform.html Scroll down to the
Congestion Management Reform Recommendation (DRAFT) Feedback Form,
highlighted in yellow.
Should you have any questions, please feel free to contact either myself or
my assistant Colleen Grant.
Thank you in advance for your timely responses, and your adherence to using
the template we have provided for you.
Byron Woertz
Director, Client Relations | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/32. | subject: CAISO Notice - Changes to CMR Stakeholder Meeting Schedule
content: Market Participants:
This notice is to inform you that the ISO is canceling the
CMR stakeholder meetings that were scheduled for August 4 and August 8. We
are doing so in order to be responsive to Stakeholders' needs for greater
detail as articulated in the two most recent Stakeholder meetings on July 19
and 25.
As you know, after the July 13-14 introduction to the CME
Recommendation, we scheduled additional meetings (July 19th and 25th, August
4th and 8th) to discuss each element of the Recommendation in greater
detail. We have received many questions and requests for change on all parts
of the Recommendation during the past few weeks. As a result, we determined
that we needed more time for internal discussion in order to give you the
level of detail that would allow a more meaningful discussion of the
specific recommendations and potential modifications. This will allow us to
address both your questions and your suggested changes.
We have rescheduled these detailed discussions for three
consecutive days, August 15-17. In these meetings, we will address:
* FTRs;
* Day Ahead and Hour Ahead Congestion Management;
* Recallable Transmission;
* Real Time Operations;
* New Generator Interconnection Policy;
* Long Term Grid Planning; and
* Questions and issues on Local Reliability Service that arose from
the July 25 Stakeholder meeting.
We will also meet on August 25 to discuss the ISO's final
recommendation to the ISO Governing Board.
We apologize for any inconvenience this change has caused
you, but believe that taking time to develop more details on these topics
will allow more productive discussions.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/33. | subject: CPUC Confidentiality Proposal
content: The attached word document is the CPUC confidentiality proposal referred to
in the previous e-mail referencing the CPUC Supoena deadline.
To Market Participants and Scheduling Coordinators
Attached please find the CPUC Legal Division Staff Draft of a
Confidentiality Proposal.
Jeanne M. Sol,
Regulatory Counsel
California ISO
(916) 608-7144
____________________________________________________________________________
_______________________________________
The Foregoing e-Mail Communication (Together With Any Attachments Thereto)
Is Intended For The Designated Recipient(s) Only. Its Terms May Be
Confidential And Protected By Attorney/Client Privilege or Other Applicable
Privileges. Unauthorized Use, Dissemination, Distribution, Or Reproduction
Of This Message Is Strictly Prohibited.
- 7-25CPUCconfidentiality proposal.doc | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/34. | subject: CPUC Supoena Deadline
content: Market Participants and Scheduling Coordinators:
The ISO has posted the CPUC subpoena on its website at
http://www.caiso.com/docs/2000/07/26/2000072610262610454.pdf
<http://www.caiso.com/docs/2000/07/26/2000072610262610454.pdf> As stated
in a message forwarded yesterday to market participants and scheduling
coordinators, the CPUC has agreed to extend the deadline for a reply to
Friday July 28, although the ISO has been informed today that the extension
is only until NOON on Friday. In addition, the ISO discussed the reference
to an affidavit in the subpoena with the CPUC and was informed that this
results from a typo which will be corrected in a corrected document sent by
federal express to the ISO yesterday (the words attached affidavit will be
replaced with the word attachments). The ISO has accepted federal express
service of the subpoena.
The ISO has raised confidentiality concerns with the CPUC and the CPUC
agreed to circulate a draft of a confidentiality agreement to the ISO today.
The ISO will forward the draft to market participants and scheduling
coordinators as soon as we receive it. Once again the ISO reiterates to
market participants that to the extent they have outstanding issues as to
the subpoena, these should be raised directly with the appropriate entity.
The ISO intends to comply with the subpoena on Friday unless it receives a
legally sufficient communication to the contrary from the CPUC or a court.
Finally, a few market participants have requested that the ISO make
available several letters forwarded to the EOB discussing confidential
treatment. These letters are attached.
Questions should be directed to Jeanne M. Sol, at 916-608-7144.
Jeanne M. Sol,
Regulatory Counsel
California ISO
(916) 608-7144
____________________________________________________________________________
_______________________________________
The Foregoing e-Mail Communication (Together With Any Attachments Thereto)
Is Intended For The Designated Recipient(s) Only. Its Terms May Be
Confidential And Protected By Attorney/Client Privilege or Other Applicable
Privileges. Unauthorized Use, Dissemination, Distribution, Or Reproduction
Of This Message Is Strictly Prohibited.
- 7-24DRAFT LETTER TO EOB FROM ISO_1.doc
- 7-25eobsubOFFER.doc | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/35. | subject: CAISO Notice - Extension for Response to CPUC Subpoena; Response to
content: Market Participants and Scheduling Coordinators:
The ISO has obtained an extension of time to comply with the
CPUC subpoena received by fax yesterday evening, and by hard copy this
morning. A copy of the subpoena will be posted on the web site tomorrow.
The ISO is required to respond by Friday July 28. The CPUC is considering
requests for confidential treatment. In accordance with the ISO tariff,
Market Participants should at their own discretion and cost take steps to
obtain confidential treatment for data and should inform the ISO so that the
ISO can comply with its responsibility to support their efforts.
Questions on this matter should be directed to Jeanne Sole
at (916) 608-7144.
The ISO did respond to the EOB subpoena today.
Jeanne M. Sol,
Regulatory Counsel
California ISO
(916) 608-7144
____________________________________________________________________________
_______________________________________
The Foregoing e-Mail Communication (Together With Any
Attachments Thereto) Is Intended For The Designated Recipient(s) Only. Its
Terms May Be Confidential And Protected By Attorney/Client Privilege or
Other Applicable Privileges. Unauthorized Use, Dissemination, Distribution,
Or Reproduction Of This Message Is Strictly Prohibited. | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/36. | subject: CAISO NOTIFICATION--Attention Requested: 10-Minute Settlement Mar
content: Market Participants,
Attention: Settlements and Scheduling Personnel
Your participation is requested in the second iteration of 10-Minute
Settlement Market Simulation.
As communicated on 7/20/00, the ISO has postponed the August 1, 2000,
implementation of 10-minute settlements in order to accommodate additional
end-to-end testing and market simulation. The ISO's new target for
implementation is the last week of August, 2000, contingent upon the
successful completion of the second 10-Minute Settlement Market Simulation
and ISO's 10 day written notice to FERC.
The second 10-Minute Settlement Market Simulation is scheduled to begin on
Tuesday, August 1, 2000. The ISO will hold a kickoff meeting conference
call on Thursday, July 27, from 1:30 - 3:00 p.m., to summarize the status of
the first Market Simulation, discuss the second Market Simulation logistics,
and review the Market Simulation Plan.
All Market Participants are strongly urged to participate in this simulation
to identify any outstanding issues that may affect implementation for
Scheduling Coordinators and the ISO.
Please respond to Cathy Young at cyoung@caiso.com by 3:00 p.m. on Friday if
you intend to participate. The remainder of this message contains the
kickoff meeting Agenda, Market Simulation Schedule, and necessary system set
up documentation for the simulation.
10 MINUTE SETTLEMENT MARKET SIMULATION II
KICKOFF CONFERENCE CALL
July 27, 1:30 - 3:00 p.m.
Conference Number 877-670-4111
Passcode 246870
Agenda:
* Review of first Market Simulation
* System Requirements
* ADS
* SI
* Metering
* Meter Data
* Refer to attached document: Metering August Mkt Sim1
* MDAS Online work around
* Schedule Data Requirements
* RMR dispatch
* OOS
* Interties predispatch
* SC provide all DA market and supplemental energy bid data
Proposed Market Simulation Schedule (refer to attached Detailed Test Plan)
* Monday , July 31 ADS/SI/Metering connectivity
* Tuesday, August 1 DA market run for td 8/2/00
* Wednesday, August 2 Real time market for td 8/2/00 (HE 11 -- 17)
DA market run for td 8/3/00
* Thursday, August 3 Real time market for td 8/3/00 (HE 11 -- 17)
* Friday, August 4 Run settlements for 8/2/00
* Monday, August 7 Run settlements for 8/3/00
Publish settlements for 8/2/00
* Tuesday, August 8 Publish settlements for 8/3/00
* Wednesday, August 9 Market Participant Review
* Thursday, August 10 Market Participant Review
* Friday, August 11 Conference call to review market sim.
Attached please find the following documentation for your use in setting up
your systems for Market Simulation.
a. ADS Market Simulation Configuration
b. ADS_PAR Installation
c. Software Configuration for SI Development System
It is important that you use this information to prepare your system setup
ASAP. It may be necessary to have your IT department allow traffic through
your firewalls to and from the ADS market simulation IP address and port.
Please refer to the ADS Market Simulation Configuration document for
detailed instructions.
If you are interested in verbally receiving RMR pre-dispatches during the
market simulation, please let Cathy Young know when you sign up.
You may contact Christine Vangelatos at cvangelatos@caiso.com or (916)
351-2142 if you have any questions or concerns regarding ADS or SI
configuration.
CRCommunications
Client Relations Communications
<<ADS Market Simulation Configuration Instructions.doc>> <<ADS_PAR
Installation.ppt>> <<CONFIGUREdev1_.doc>> <<10-min Market Simulation Test
Script 2.doc>> <<Metering August Mkt Sim.doc>>
- ADS Market Simulation Configuration Instructions.doc
- ADS_PAR Installation.ppt
- CONFIGUREdev1_.doc
- 10-min Market Simulation Test Script 2.doc
- Metering August Mkt Sim.doc | crcommunications@caiso.com | 20participants@caiso.com, tswg@caiso.com, alzu@dynegy.com, wasil@wapa.gov, |
badeer-r/california/37. | subject: CAISO Notice - Congestion Management Reform (CMR) Stakeholder Mee
content: Market Participants:
As you know, our next CMR stakeholder meeting is tomorrow.
We will also hold the following CMR Stakeholder meetings (details to
follow):
August 4: FTRs, DA and HA Congestion Management,
Recallable Transmission
August 8: Real Time Market, New Generator
Interconnection Policy, Long-Term Grid Planning.
Please remember, also, that preliminary comments on the CMR
Recommendation are due to bwoertz@caiso.com <mailto:bwoertz@caiso.com> by
5:00 p.m. PDT on Friday, July 28. If possible, we would appreciate
receiving your comments before the July 28 deadline.
Thank you for your continuing interest and participation in
this project.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/38. | subject: CAISO Notification: Scheduling of Non-Firm Counter Flows
content: Market Participants,
Several market participants have been engaged in a practice of scheduling
large amounts of non-firm counter flows on congested branch groups in order
to earn hour-ahead congestion revenues and then not providing those counter
flows in real time. This occurred during a Stage 1 emergency on 7-20-00.
This practice creates a significant reliability problem for the ISO and is
to the detriment of market efficiency.
This notice is intended to inform Market Participants that the ISO
Department of Market Analysis considers this a potentially serious "gaming"
practice as defined in the ISO Tariff MMIP 2.1.3. The ISO DMA will be
investigating any Market Participant found to be engaging in this activity
and will take appropriate corrective actions.
CRCommunications
Client Relations Communications | crcommunications@caiso.com | 20participants@caiso.com |
badeer-r/california/39. | subject: CAISO Notice - Appendices to Congestion Management Reform Recomme
content: Market Participants:
When the ISO released its Congestion Management
Reform (CMR) Recommendation on July 11, we indicated that we would
subsequently release additional Appendices with supporting information on
Friday, July 21. (Appendices A (Terminology and Acronyms) and B (Locational
Price Dispersion Study Results) were released on July 11 along with the
draft CMR Recommendation.) Unfortunately, we are unable to complete them
according to schedule. We will release individual Appendices as they are
finalized, with the intention of releasing the following Appendices by
Friday, July 28:
Appendix D (Assessment of CMR Recommendation
with Respect to Stakeholder Evaluation Criteria);
Appendix E (Discussion of CMR Options not Adopted);
Appendix F (Stakeholder Input for CMR Recommendation Package);
Appendix G (Preliminary Assessment of ISO and Stakeholder System
Impacts); and
Appendix H (Additional Forward Market RMR Cost Data Supporting LRA
Recommendations).
We are planning to release Appendix C (Market
Separation Study Results) by August 15.
We apologize for this delay and thank you for your
patience.
Byron Woertz, DCR | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/4. | subject: Memorandum to stakeholders on distributed generation
content: Additional details regarding the meeting itself will be sent on Monday,
August 21, 2000.
-----Original Message-----
From: Sole, Jeanne
Sent: Friday, August 18, 2000 4:15 PM
To: Fuller, Don; Happ, Susan
Subject: Memorandum to stakeholders on distributed generation
Attached please find the document providing the basis for the meeting on
Distributed Generation scheduled for August 31.
Jeanne M. Sol,
Regulatory Counsel
California ISO
(916) 608-7144
____________________________________________________________________________
_______________________________________
The Foregoing e-Mail Communication (Together With Any Attachments Thereto)
Is Intended For The Designated Recipient(s) Only. Its Terms May Be
Confidential And Protected By Attorney/Client Privilege or Other Applicable
Privileges. Unauthorized Use, Dissemination, Distribution, Or Reproduction
Of This Message Is Strictly Prohibited.
- 8-18Memotostakeholders.doc | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/40. | subject: CAISO Notice: Stakeholder Meeting on Congestion Reform - LRS proc
content: Market Participants:
Attached is the Preliminary Agenda for the July 25, CMR Stakeholder meeting
being held in room 101a/101b, Blue Ravine Road, Folsom.
<<Preliminary Agenda 7.25.00>>
The day will start with a Continental Breakfast at 8:30am, and the meeting
will start at 9:00am. We will also be serving lunch at approximately
12Noon. In order to make sure we order enough food, we request that you
RSVP no later than Friday, July 21, 4:00pm. To do so, please contact
Colleen Grant via email, cgrant@caiso.com or telephone (916)608-7069.
If you are not able to attend, below is the call-in information:
Phone Number : (877)381-6004
Conference ID: 527256
Leader's Name: Byron Woertz
Thank you
Byron Woertz
Director, Client Relations
- Preliminary Agenda 7.25.00 | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/41. | subject: infeasible schedule
content: Bob, sorry for the confusion. Talk with Ziad. He said an example could be
found on page 22 of the attached document.
http://www.caiso.com/docs/2000/04/13/2000041317243312125.pdf
Take care.
Keoni Almeida
California Independent System Operator
phone: 916/608-7053
pager: 916/814-7352
alpha page: 9169812000.1151268@pagenet.net
e-mail: <mailto:kalmeida@caiso.com> | kalmeida@caiso.com | rbadeer@enron.com |
badeer-r/california/42. | subject: CAISO Notice - Staqkeholder Feedback on Congestion Reform Proposa l
content: Market Participants:
The California ISO values Stakeholders' comments on the
Congestion Management Reform (CMR) proposal released on July 11, 2000. Both
your positive and negative responses are essential to guide us in refining
the CMR recommendation. We have prepared the attached template for you to
use in submitting your comments. Receiving your comments in this format
will enable us to understand and respond to your input efficiently. We will
also post this template at
http://www.caiso.com/clientserv/congestionreform.html
<http://www.caiso.com/clientserv/congestionreform.html> under the heading
"Congestion Management Reform Recommendation - DRAFT."
In the first section, we ask that you respond to the
following two questions (summary answers, bulleted lists, etc. are fine):
1. Which fundamental market design features and principles identified
in the proposal should be kept? Why?
2. Which fundamental market design features and principles identified
in the proposal should be removed? Why?
In the second section, please provide detailed comments on
specific sections of the proposal using the template provided. We have
structured the template to facilitate your detailed comments on Sections 4,
7, 8, 9 and 10 and Appendices A and B, since these are the sections that
contain the main features of the proposal. The template also includes a
space for general comments on sections 1, 2, 3, 5 and 11. Since Section 6
is an overview of the proposal, we have not included a comment section in
the template for that section. We ask that comments include:
* Which main features you think should be retained and why;
* Which main features you think should be removed or modified. Please
be specific on why, and how you would modify that feature to address the
problem you have identified; and
* Which features and details you think are missing and should be
added, why, and how you suggest adding that feature.
All three parts-what, why and how you recommend changing the
proposal-are necessary for us to respond to your comments.
We would like to emphasize our need to receive your comments
on features of the proposal that you like. Reviews can tend to focus on
features with which reviewers are dissatisfied. Without hearing support for
features that stakeholders like, it is possible that some broadly supported
features could be changed or eliminated, based on others' stated
disagreement.
Please submit your initial comments by 5:00 p.m. PDT on
Friday, July 28. There will be other opportunities for feedback, but we
would like to include a summary of Stakeholders' initial comments in our
discussion with the ISO Governing Board on August 1. Please send your
comments, using the attached template, via e-mail to bwoertz@caiso.com
<mailto:bwoertz@caiso.com> and use the phrase "CMR Proposal - Stakeholder
Comments" in the Subject line. We plan to treat your comments as public and
to include a summary of Stakeholders' comments with the materials that will
go to the ISO Governing Board and/or to FERC.
The California ISO greatly appreciates the time, effort and
expertise Stakeholders have contributed to the CMR process. We look forward
to receiving your valuable comments to allow us to further refine and
improve this proposal.
<<000714 Stakeholder Feedback Template.doc>>
Byron Woertz
Director, Client Relations
- 000714 Stakeholder Feedback Template.doc | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/43. | subject: CAISO Notice - Valley-Rainbow Transmission Project
content: Market Participants:
At the May ISO Governing Board meeting the Board directed
Management to bring back to the Board a recommendation on the "parameters
and process" for proceeding with a competitive solicitation (Valley-Rainbow
RFP) to determine if there are cost-effective and reliable alternatives to
SDG&E's proposed Valley-Rainbow transmission project. The specific Board
motion can be found at:
http://www1.caiso.com/pubinfo/BOG/documents/motions/20000525/Board/SDGEValle
yRainbow500KVProject.htm
<http://www1.caiso.com/pubinfo/BOG/documents/motions/20000525/Board/SDGEVall
eyRainbow500KVProject.htm> and additional information on the project can be
found at http://www.caiso.com/thegrid/planning/sdge500kvtrans.html.
<http://www.caiso.com/thegrid/planning/sdge500kvtrans.html>
These matters are scheduled to be addressed at the August 1
Board meeting. Attached is a memo that outlines ISO Management's preliminary
thoughts and recommendations on how to structure the process for conducting
and the parameters of the Valley-Rainbow RFP. Please provide us your
thoughts and feedback on these matters no later COB Friday, July 21. Please
send your comments to: sgreenleaf@caiso.com <mailto:sgreenleaf@caiso.com>
and btheaker@caiso.com <mailto:btheaker@caiso.com> . While the
recommendations outlined below are clearly a work-in-progress, it is
imperative that we receive your substantive feedback early so that we can
develop a fair and reasonable final recommendation. Thanks for your time and
consideration.
<<000711 STG Valley-Rainbow - Market Participants.rtf>>
Steve Greenleaf
Director, Regulatory Affairs
Brian Theaker
Manager, Reliability Contracts
- 000711 STG Valley-Rainbow - Market Participants.rtf | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/44. | subject: CAISO Notice - Congestion Reform Proposal - Apendix B
content: Market Participants:
As part of the Congestion Management Reform Proposal, the
ISO has posted Appendix B "Locational Price Dispersion Study" on the ISO web
site at http://www.caiso.com/clientserv/congestionreform.html
<http://www.caiso.com/clientserv/congestionreform.html> . Please be aware
that the file is very large (the Word version is 5.1 mb and the PDF version
is somewhat smaller at 4.3 mb) so it will take a while to download.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/45. | subject: CAISO Notice - Congestion Management Reform Proposal Posting
content: Market Participants:
The CAISO has posted its draft Congestion Management Reform
(CMR) recommendation on its web site at
http://www.caiso.com/clientserv/congestionreform.html
<http://www.caiso.com/clientserv/congestionreform.html> . This document
recommends changes to the CAISO's current Congestion Management process and
related features of its business practices and operations. This is a draft
document, albeit one that we believe reflects significant effort and thought
on the part of both the stakeholders who provided the initial input and the
interdisciplinary design team that drafted this document.
This CMR recommendation represents an essential milestone in
the broader Congestion Management Reform Project. The first stage involved
soliciting stakeholder input regarding the problems to be solved,
alternative solutions to address these problems, and criteria for evaluating
reform proposals. The second stage involved the CAISO's crafting an
integrated, internally consistent reform package utilizing the ideas
developed with and/or by Stakeholders in stage one. This document contains
the CAISO's draft recommendation. We emphasize that, although we believe
this recommendation package to be a necessary milestone in the Congestion
Management Reform Project, it is not intended to predispose the final
design. We are actively soliciting Stakeholders' comments and critiques
concerning this recommendation over the coming weeks (stage three of the CMR
project).
Once the next round of stakeholder input has been assessed,
the CAISO will revise this CMR recommendation. The revised recommendation
will be presented to the CAISO Governing Board for discussion and review
only on August 1 (no Board action requested). The CMR recommendation will
continue to be developed through August and the final recommendation will be
submitted to the CAISO Governing Board for approval at the September 6th and
7th meeting. The approved CMR recommendation will be prepared (in
conjunction with Stakeholders) for the final Tariff filing to FERC in
November (stage four). A revised, detailed calendar will be presented at the
CMR Stakeholder meetings on July 13 and 14.
At the July 13 and 14 Stakeholder meetings, the CAISO will
present the entire recommendation, section-by-section and provide the
opportunity for Stakeholders to clarify their understanding of what is being
proposed. Shortly thereafter, we will hold additional Stakeholder meetings
to facilitate detailed discussion of individual elements of the
recommendation. Additional meeting dates will be discussed on July 14 at the
meeting.
We look forward to reviewing this proposal with you and
receiving your comments. The CAISO welcomes any and all comments and
critiques of this recommendation. We appreciate your attention and efforts
in this endeavor to reform the Congestion Management process.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | 20participants@caiso.com |
badeer-r/california/46. | subject: July 21 Stakeholder Meeting
content: The Stakeholder meeting of July 21, 2000 will be held in the Sacramento Room
at the Sheraton Hotel, 11211 Point East Drive, Rancho Cordova, CA 95742. For
those who will be participating through a conference call, you will call the
hotel at (916) 638-1100 and ask to be connected to the conference call in
the Sacramento Room. The meeting is scheduled for 9:00 to 12:00 and lunch
will be served.
A map with directions from the Sacramento Airport is attached. If you have
any questions or need additional information, feel free to contact me at the
number listed below.
<<Map to Sheraton.doc>>
Sue Happ
Administrative Assistant
Client Relations
(916) 608-7059
shapp@caiso.com
- Map to Sheraton.doc | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/47. | subject: White paper for interim locational market power mitigation
content: As a follow-up to the meeting notice for July 21, please note that the
Marketing Surveillance Committee has provided an opinion on the ISO white
paper for interim locational market power mitigation and it is posted on the
ISO Home Page at:
http://www2.caiso.com/clientserv/stakeholders/
Sue Happ
Administrative Assistant
Client Relations
(916) 608-7059
shapp@caiso.com | shapp@caiso.com | 20participants@caiso.com |
badeer-r/california/48. | subject: FW: SOUTHERN CALIFORNIA LONG-TERM REGIONAL TRANSMISSION STUDY Sta
content: - MtgAnnouncement.doc | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/49. | subject: CASIO NOTIFICATION- OASIS Working Group Meeting
content: Greetings:
Please see the attached document regarding the next OASIS Working Group
Meeting.
<<Meeting Announcement to Market ParticipantsR2.doc>>
- Meeting Announcement to Market ParticipantsR2.doc | crcommunications@caiso.com | marketparticipants@caiso.com, tswg@caiso.com |
badeer-r/california/5. | subject: CAISO NOTICE: Market Separation Study - Appendix C
content: Market Participants:
The Market Separation Study - Appendix C of the Comprehensive Market
Redesign (CMR) Recommendation is now posted to the CAISO website at
http://www.caiso.com/clientserv/congestionreform.html
Regards,
Byron Woertz
Director, Client Relations | cgrant@caiso.com | 20participants@caiso.com |
badeer-r/california/50. | subject: CAISO Notice - Comgestion Reform Dates
content: Market Participants:
Following are some significant dates for the Congestion
Reform Project through August 1. Although we had planned to give you a
schedule through September, dates for significant events after August 1 are
not yet finalized. We will send you information on future dates as it
becomes available.
July 11 Release of Draft Congestion Management Package (
Includes Locational Price Dispersion Study)
July 13-14 Stakeholder meetings to discuss Draft
Congestion Management Package (ISO Headquarters, Folsom)
July 21 Public release of remaining Congestion Management
Package appendices
July 24th Written comments from stakeholders due
July 24th Meeting of Market Surveillance Committee
July 27th Final Congestion Management Package released
to Board
August 1st Board meeting to approve Congestion
Management Package
Please contact me if you have any questions about this
project.
Byron Woertz
Director, Client Relations | bwoertz@caiso.com | marketparticipants@caiso.com |
badeer-r/california/51. | subject: Update on Discussions between CAISO and DSW Parties
content: Below is a summary of my SWPTF, CAISO and SW IOU's meeting 10 days ago. The
meeting was very positive and it looks like we are getting traction on
getting the SW IOU's to join the CAISO as an option to continuing with DSTAR.
Call me if you have questions
Tom Delaney 602-321-5017
---------------------- Forwarded by Tom Delaney/Corp/Enron on 06/21/2000
02:45 PM ---------------------------
Carl Imparato <cfi1@tca-us.com> on 06/19/2000 02:37:50 AM
Please respond to cfi1@tca-us.com
To: zalaywan@caiso.com, eschmid@caiso.com, crobinson@caiso.com,
vkasarjian@caiso.com, tom.delaney@enron.com, marcie.milner@enron.com,
smara@enron.com, scott.miller@gen.pge.com, curt.hatton@gen.pge.com,
dcn@netwrx.net, rreilley@coral-energy.com, steve.huhman@southernenergy.com,
mike.meclenahan@southernenergy.com, rlamkin@seiworldwide.com,
lebarrett@duke-energy.com, sslavigne@duke-energy.com,
john_r_orr@reliantenergy.com, gkelly@bdrnet.com, jmpa@dynegy.com,
kewh@dynegy.com, mbochotorena@calpx.com, tfitchitt@newenergy.com,
cmiessner@newenergy.com, marceline_otondo@apses.com, bob_anderson@apses.com,
barbara_klemstine@apses.com, lcampbell@csllp.com, locb@rt66.com,
reickley@ci.scottsdale.az.us, cary.deise@aps.com, joel.spitzkoff@aps.com,
david.rumolo@pwenergy.com, tdelawder@tucsonelectric.com,
ebeck@tucsonelectric.com, mflores@tucsonelectric.com, gmiller@pnm.com,
dbrown1@pnm.com, dmalone@epelectric.com, rick.y.ito@us.pwcglobal.com,
tanuj.khandelwal@us.pwcglobal.com, ptaylor@rwbeck.com
cc:
Subject: Update on Discussions between CAISO and DSW Parties
The purpose of this e-mail is to update the recipients on the status of
the discussions that have been taking place, between the CAISO and
Desert Southwest market participants and transmission owners, on the
possible merger of the California and Desert Southwest regions into a
single RTO.
On June 5, a meeting was held in Phoenix to discuss the terms under
which various parties would seriously consider a proposal for
consolidation of California and the DSW under a single RTO operated by
the CAISO. This was the second meeting that was held to discuss this
idea. Represented were the CAISO, APS, PNM, TEP, EPE, TNP, APSES,
NewEnergy, Enron, Calpine, PG&E Gen, Southern, Duke, Cal PX, and DOE.
The issues that were discussed included the CAISO's ability to implement
the major components of the DSTAR commercial model, the changes that
would need to be made in the CAISO's governance and internal structure,
and costs.
The parties at the meeting were generally in favor of: (i)
consolidating the existing control areas into a single control area as
soon as possible, (ii) migrating to a common set of market protocols on
a fairly rapid basis, (iii) creating a single, independent, RTO
governing board with no bias in favor of either California or the Desert
Southwest region, and (iv) migrating from a regional advisory committee
structure to a single advisory committee structure as soon as possible,
to avoid balkanization and accelerate convergence. Most parties felt
that there were, at this time, no "show-stoppers" on most of the issues.
For many of the participants, the most significant outstanding questions
were: (i) the costs (both $/MWh and cost shifts) that Desert Southwest
parties would incur under the consolidation scenario, and (ii) timing -
i.e., whether the necessary implementation, governance and
organizational changes could be put into place by a target date of June
2001.
It was agreed that the next step was for the CAISO, working with
interested parties, to provide a tentative implementation cost (both
with and without consolidation of DSW control areas, but in both cases
with independent procurement and operation of ancillary services).
The agreed-upon Action Plan was as follows:
June 9: CAISO to develop list of questions which need to be answered to
enable it to develop a cost estimate
June 16: CAISO to respond to the list of questions generated at the June
5 meeting
June 16: CAISO to be provided with responses to the CAISO's list of
questions
June 16: Transmission owners to provide to the CAISO their definition of
the scenario(s) that they desire the CAISO to consider in developing its
cost estimate
July 10: CAISO to provide cost estimate
July 20: Meeting in Phoenix to discuss the cost estimate, address any
additional questions, and discuss the viability and possible contents of
a Memorandum of Understanding (MOU)
July 31: Decision from all interested parties regarding their desire to
move forward
August 15: Assuming a positive outcome on July 31, meeting to discuss
finalization of an MOU which would address the commitments of the
parties, market structure, changes in governance, organizational goals,
priorities and structures, etc.
Status: The first four items above are close to completion. The CAISO
has sent a list of technical questions to Carl Imparato and he is
completing a response. The CAISO is completing its response to the list
of questions it received on June 5. The interested transmission owners
have defined the scenarios that they wish to see considered by the
CAISO.
When all of these documents are finalized, which I expect to occur in
the next 2-3 days, I will forward them to all of the addresses.
If you have any questions, please give call me at 510-558-1456.
Carl Imparato | tom.delaney@enron.com | tom.alonso@enron.com, tim.belden@enron.com, robert.badeer@enron.com, |
badeer-r/california/52. | subject: SI and Settlements Training Dates for balance of Year 2000
content: PLEASE READ FOR INFORMATION ON UPCOMING CLASSES:
YEAR 2000 CALENDAR FOR
SCHEDULING INFRASTRUCTURE (SI)
& SETTLEMENTS TRAINING CLASSES
In keeping with the ISO's commitment to continue training, we are posting
the schedule for SI and Settlements Training for Scheduling Coordinators for
the balance of 2000.
The following classes will be offered:
SI Training for Scheduling Coordinator applicants and certified Scheduling
Coordinators that will cover scheduling and bidding guidelines and
scheduling processes. All SC candidates are required to attend and
successfully complete the class and testing for certification. Priority
registration will be given to SC candidates.
SI Training Dates
July 25-26, 2000 Training/Aug 1-3, 2000 Testing
Oct. 25-26, 2000 Training/Oct. 31, Nov. 1-2, 2000 Testing
Settlements Training for Scheduling Coordinators, especially geared for
settlements and trading personnel. This 2-day class covers all charge types
and how to validate each one.
Settlements Training Dates
Aug. 23-24, 2000
Nov. 15-16, 2000
Classes will be held at the ISO Headquarters in Folsom from 9:00 a.m. to
5:00 p.m. Each SC or SC candidate may send two (2) people at no charge to
one Settlements class and one SI Training class. There is a $500.00 per
person per class charge for more than two people, including past attendees.
Payment is required in advance or on the first day of class and can be made
by personal or company check or cash. Checks should be made out to the
California ISO.
Sign-ups will be through e-mail only on a first come first serve basis for
requested dates. Please complete the attached e-mail template and send it
to tborchardt@caiso.com. You will receive a confirmation via-e-mail within 3
business days. Incomplete enrollments will be returned.
OR
Cut, copy and complete the following information and send to
tborchardt@caiso.com <mailto:tborchardt@caiso.com>
Name(s):
Position of each enrollee: (e.g. Dispatcher, real-time, Policy, etc.)
Training Class Requested:
Company:
Is your company a Certified Scheduling Coordinator or Applicant?
If no please state reason for interest in this class:
Billing Address:
Total Number Attending to all Classes:
E-mail address(s):
Telephone Number:
If you have any additional questions please forward them to tborchardt@caiso
<mailto:tborchardt@caiso.com> .com or call your Client Relations
Representative.
To: "Borchardt, Tiffaney" <TBorchardt@caiso.com>
Subject: Training Enrollment: SI and Settlements Training Year 2000
Date: Wed, 21 Jun 2000 10:23:32 -0700
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
Content-Type: text/plain; charset="iso-8859-1"
Attention: tborchardt@caiso.com <mailto:tborchardt@caiso.com>
Name(s):
Position of each enrollee: (e.g.Dispatcher, real-time, Policy,ect.)
Training Class Requested:
Company:
Is your company a Certified Scheduling Coordinator or Applicant?
If no please state reason for interest in this class:
Billing Address:
Total Number Attending to all Classes:
E-mail address(s):
Telephone Number: | crcommunications@caiso.com | 20participants@caiso.com |
badeer-r/california/53. | subject: CAISO Notice - Predispatch Enhancement Process
content: Market Participants:
Attached is the schedule for a stakeholder process to address issues raised
by market participants regarding predispatch of Reliability Must-Run units.
The ISO committed to this process at the June 7, 2000 Market Issues Forum
meeting. This schedule will also be posted on the ISO web site under
Stakeholder Processes/RMR Predispatch.
If you wish to participate in this process, please notify Arlene Lester at
(916) 608-5863, or alester@caiso.com.
If you have any questions, contact Brian Theaker at (916) 608-5804 or
btheaker@caiso.com
<<Predispatch Process Schedule 062000.rtf>>
Byron Woertz
Director, Client Relations
[Calendar]
- Predispatch Process Schedule 062000.rtf | bwoertz@caiso.com | marketparticipants@caiso.com |
badeer-r/california/54. | subject: CAISO Notice - Internet Site Usability Study
content: Market Participants,
The California ISO is conducting an Internet site usability
study to determine how we can improve our Internet site. Toward this end, we
have contracted with Carta, Inc. to conduct a site study and recommend
revisions for the site. Stakeholder involvement is an important part of this
process. We have prepared a Web Site Usability Survey as a part of this
effort. This survey is on-line at our site.
Please take a few minutes to fill out the survey at
http://www.caiso.com/contact/survey.html
<http://www.caiso.com/contact/survey.html> . Your feedback is vital to the
success of this program. Responses will be sent directly to Carta for review
and tabulation.
Please note, this project does not involve the OASIS section
of our site. The OASIS redesign project is a separate effort. See
http://www.caiso.com/clientserv/xml/ <http://www.caiso.com/clientserv/xml/>
for information on the OASIS redesign effort.
If you have any questions, please contact the ISO Webmaster.
Thank you for your continued support.
ISO Webmaster
http://www.caiso.com/ <http://www.caiso.com/>
webmaster@caiso.com <mailto:webmaster@caiso.com> | bwoertz@caiso.com | marketparticipants@caiso.com |
badeer-r/california/55. | subject: Target Price Methodology Conference Call Thursday June 29
content: Market Participants,
The next conference call regarding Target Price and recommended changes will
be held Thursday June 29 from 9 to 11 am. Conference Call-in details:
Domestic: 1-877-670-4111
International: 1-706-645-9735
Passcode: 589314
Later this week, the ISO will issue a summary of status and agenda for the
call.
Don Fuller
Director, Client Relations | dfuller@caiso.com | 20participants@caiso.com |
badeer-r/california/56. | subject: Conference call - 10 Min Settlements Market Simulation
content: We would like to hold a conference call to field any questions, address
concerns and solicit feedback before the 10 Min. Settlement Market
Simulation begins in July.
Friday 6/23/00 @ 1000 PDT - 1100 PDT
Conference Number 877-670-4111
Passcode 246870
Jim Blatchford
Client Relations
Cal ISO
916.608.7051 | jblatchford@caiso.com | marketparticipants@caiso.com, tswg@caiso.com |
badeer-r/california/57. | subject: Budget Language on Cal PX
content: It looks as though the budget language which would unwind the Commission's
recent decision to allow competition with the Cal PX will be passed.
Therefore, in the near term, the Cal PX is the only trading vehicle for the
utilities.
Our lobbyists found NO support in the legislature to buck the language.
Principally because the president of the Commission, Loretta Lynch, was the
one seeking a legislative fix to unwind a decision that her agency issued.
She had greased the skids with both the Republicans and the Democrats to
support the language.
So, as a result, the only thing that the Commission can do at this point is
study the affects of introducing competition with the Cal PX and issue a
report to the legislature by June 1, 2001. Prior to that date, the
Commission cannot implement any decision on this issue. Effectively, by the
time any change would occur, we could be at/or near the end of the transition
period, when the mandatory buy/sell requirement would terminate.
We can encourage the Commission to study this issue and use the time as an
opportunity to educate the Commission(ers) about Enron OnLine. If there were
perceptions that we would not qualify as an exchange, this would be a good
time to dispel that bias. Government Affairs would be happy to work with you
in organizing such an event. | mona.petrochko@enron.com | phyllis.anzalone@enron.com, douglas.condon@enron.com, |
badeer-r/california/58. | subject: CAISO Notification- InterSC Trade Template training
content: The CAISO will be presenting a training class for the use of the InterSC
Trade of Adjustment Bid templates.
WHERE: CAISO Bldg. 101 -1a
When: July 14th @ 0900-1500
Continental breakfast and Lunch will be provided.
Please send your reservation to Tborchardt@caiso.com before 7/7/00
Jim Blatchford
Client Relations
Cal ISO
916.608.7051 | crcommunications@caiso.com | marketparticipants@caiso.com |
badeer-r/california/59. | subject: CAISO Notification: Operations Procedure E-511 - Posting for Af
content: Market Participants:
Please assure that this Notification is forwarded to your respective
Operating Departments for Review ---
Notification of Operating Procedure Update
* The following new or revised ISO Operating Procedures have been
implemented and are posted for reference on the ISO Website.
* Please find them at
http://www1.caiso.com/thegrid/operations/opsdoc/index.html under the
appropriate Operating Procedure section heading.
ISO Operating Procedure posted: E-511 Emergency Load Reduction Program
Version: 1.0
Effective Date: 6/15/2000
Procedure Purpose: This Operating Procedure describes the Demand Relief
Program that has been implemented by the ISO on a trial basis for the Summer
2000 time period. This Program is intended to provide an additional level of
Demand reduction on the system that can be implemented during a Stage 1
Emergency in an effort to avoid more severe emergency conditions.
Changes / Reasons: This is a new procedure
NOTE: E-511 attachments A, B, C, D, & E contain market sensitive
information and will not be published.
If you have any questions, please e-mail the 'Procedure Control Desk'
mailbox at procctrldesk@caiso.com and we will respond as soon as possible.
Thank-You,
Operations Support and Training | crcommunications@caiso.com | marketparticipants@caiso.com |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.