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badeer-r/discussion_threads/248.
subject: CAISO Notification - PMI 10-min Expost data re-published for 7/1 content: Greetings; The PMI 10-minute Expost price information for 7/19/00 hours 4-24 has been republished. The information can also be found at the following URL: http://www.caiso.com/docs/2000/08/28/2000082808281323598.csv If you have any questions, please contact Ginger Y. Seitles Phone: (916) 351-4420. Client Relations Communication CRCommunications@caiso.com
crcommunications@caiso.com
20participants@caiso.com, scsettlecontacts@caiso.com
badeer-r/discussion_threads/249.
subject: Out of Office content: I will be traveling to Calgary on Tuesday and Wednesday. You can reach me on my cell phone -- 503-701-5181. I will be back in town Wednesday night and will be in the office Thursday morning.
tim.belden@enron.com
chris.foster@enron.com, murray.o'neil@enron.com, john.forney@enron.com,
badeer-r/discussion_threads/25.
subject: CAISO Notice - Congestion Reform Project content: Market Participants: At the June 8 Congestion Reform Stakeholder meeting, we discussed the possibility of a meeting on June 20 to address locational market power mitigation. We will not hold such a meeting on June 20th. However, we are working on a comprehensive project schedule and plan to have it to you by the end of this week. That schedule should cover meetings on Congestion Management for June, July, August and early September. Byron Woertz Director, Client Relations
bwoertz@caiso.com
marketparticipants@caiso.com
badeer-r/discussion_threads/250.
subject: Total Transfer Capabilities content: Attached are the Total Transfer Capabilities (TTC's) for: August 30, 200. <<TTC's 8-30-00.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 8-30-00.PDF
fwinston@caiso.com
marketstatus@caiso.com, pxrt@calpx.com
badeer-r/discussion_threads/251.
subject: SDG&E Emergency Motion for Bilateral Authority-Draft Decision content: Attached is a Draft Decision approving SDG&E's Emergency Motion for authori= ty=20 to enter into bilateral contracts. The decision directs to enter into bilateral agreements that will expire by= =20 12/02. It provides similar reasonableness guidance as provided to SCE=20 (bilateral contracts must be within 5% of actual annual procurement costs).= =20 The draft decision rejects SDG&E's request to allocate those contracts to= =20 residential and small commercial customers. It rejects SDG&E's request for= =20 an exemption from the affiliate rules, which would have allowed SDG&E to=20 enter into bilateral agreements with its trading affiliate without posting= =20 those transactions or providing an opportunity for a bid process. Because this decision adopts the same principles in the SCE and PG&E=20 Decisions, I give a low probability to changing the decision language. =20 However, if folks would still like us to weigh in on an issue, please let m= e=20 know asap. Thanks. Mona ---------------------- Forwarded by Mona L Petrochko/SFO/EES on 08/28/2000= =20 03:18 PM --------------------------- "Daniel Douglass" <douglass@ArterHadden.com> on 08/25/2000 05:26:31 PM To: <JBarthrop@electric.com>, <mnelson@electric.com>,=20 <rschlanert@electric.com>, <Bruno_Gaillard@enron.com>, <kmagrude@enron.com>= ,=20 <mpetroch@enron.com>, <susan_j_mara@enron.com>, <athomas@newenergy.com>,=20 <Jeff.Hanson@phaser.com>, <anchau@shellus.com>, <andrew.madden@utility.com>= ,=20 <ben.reyes@utility.com>, <chris.king@utility.com>, <david.bayless@utility.c= om> cc: =20 Subject: Draft Decision Issued in SDG&E Emergency Motion ALJ Cooke has issued the attached draft decision with regard to the August = =20 9, 2000, emergency motion filed by SDG&E to enter into bilateral power =20 contracts.? SDG&E sought similar authority to that granted to Edison and= =20 PG&E in D.00-08-023.? The draft decision would grant the motion, but would= =20 impose certain conditions different from those requested by the utility.?= =20 The differences are summarized below: ? Background Under the terms of the Commission=01,s D.00-08-021, SDG&E is currently=20 authorized to participate in the PX forward markets for energy services,= =20 subject to seasonal trading limits, through the end of the last utility ra= te=20 freeze.? SDG&E is not proposing an increase to the limits approved in=20 D.00-08-021 and will treat its capacity purchases under those limits,=20 although it reserves the right to request expanded authority in the future= .?=20 The draft decision also notes that SDG&E proposes that costs associated=20 with, and gains/losses from these bilateral contracts should be attributed= =20 only to small commercial and residential customers.? It also notes that=20 intervenors focused on four general areas of concern regarding the specifi= c=20 authority requested by SDG&E: duration of contracts, reasonableness=20 standards, request for exemption from affiliate rules, and ratemaking. ? Duration of Contracts SDG&E requested authority to enter into bilateral contracts that expire on= =20 or before December 31, 2005.? The ALJ notes that the Commission recently= =20 instituted an investigation into the impact of the functioning of the=20 wholesale electric market on retail rates in SDG&E=01,s service territory = and=20 that the OII will consider whether SDG&E should be removed from that defau= lt=20 provider role.? The ALJ states that, "the Commission should not compromise= =20 future long-term solutions by affording SDG&E greater purchasing authority = =20 than is needed to address the current emergency situation.? For this reaso= n,=20 we limit SDG&E=01,s authority to what we described in D.00-08-023 as near-= term=20 bilateral contracting authority, that is, contracts with delivery occurrin= g=20 on or before December 31, 2002." ? Reasonableness Standards The draft decision suggests that the OII provides a forum to establish a= =20 common framework for all three utilities for determining the reasonablenes= s=20 of their bilateral purchases.? However, in the interim, it adopts the same= =20 reasonableness standard for near-term contracts as it did for SCE.? "If th= e=20 average price of SDG&E=01,s bilateral transactions, delivered or requiring= =20 delivery, over the course of an annual period exceeds the average price of = =20 SDG&E=01,s corresponding portfolio of transactions, delivered or requiring= =20 deliver over the same period, by more than 5%, then the Commission will=20 initiate a reasonableness review.? Reasonableness reviews, to the extent= =20 needed, will take place as part of SDG&E=01,s Annual Transition Cost=20 Proceeding." ? Affiliate Rules Exemption SDG&E's request to be exempted from the affiliate rules for any purchases= =20 from affiliates was denied. ? Ratemaking TURN urged the Commission to reject SDG&E=01,s request to limit the ratema= king =20 impacts of the bilateral contracts to its residential and small commercial = =20 customers, saying that, "the potential risks and benefits should be spread = =20 among all customers."? The draft decision states that, "we do not believe = it=20 prudent to limit the cost exposure for these contracts solely to residenti= al=20 and small commercial customers.? This aspect of SDG&E=01,s motion is denie= d." ? Transparency Considerations The ALJ orders SDG&E to disclose all bilateral transactions to the Energy= =20 Division on a confidential basis in a monthly report.? The draft decision= =20 notes that, "WPTF and ARM argue that additional transparency of bilateral= =20 transactions is required, compared to that proposed by SDG&E.? We adopt=20 consistent disclosure standards for SDG&E bilateral contracts as that=20 adopted in D.00-08-023 for PG&E and SCE.? This issue may be revisited on a= =20 going forward basis in I.00-08-002." ? Response Time The normal response time has been shortened.? Parties to the proceeding ma= y=20 file comments on the draft decision no later than noon on September 5,=20 2000.? I suggest that comments be filed agreeing with the thrust of the=20 decision, but strongly advocating that SDG&E be required to publicly post= =20 its transactions, as it agreed to do in Advice Letter 1234-E, with regard = to=20 SDG&E's participation in the Block Forward Market.? In addition, we should= =20 consider whether to refight the issue of limiting the ratemaking impacts o= f=20 the bilateral contracts to SDG&E's residential and small commercial=20 customers. ? Comments or suggestions??? ? Dan - ALJ Cooke Draft Decision.doc
mona.petrochko@enron.com
douglas.condon@enron.com, james.wood@enron.com, edward.hamb@enron.com,
badeer-r/discussion_threads/252.
subject: CAISO NOTIFICATION - "ISO Polled" 10-Min Meter Data Implementatio n content: Greetings; The attached document outlines the changes in meter data polling being implemented effective 8/31/00 for ISO polled meters. The data will change to 10 minute intervals in support of the 10-minute settlement process. Please review the attached document with particular attention to the changes on August 31, 2000. At this time, there will be no change to SC submitted SQMD. The ISO has posted this document on the web page: http://www.caiso.com/clientserv/metering/ Metering - 10-Minute Settlements <<STAR 10 minute meter data with DST explanation.xls>> Client Relations Communication CRCommunications@caiso.com - STAR 10 minute meter data with DST explanation.xls
crcommunications@caiso.com
20participants@caiso.com, scsettlecontacts@caiso.com
badeer-r/discussion_threads/253.
subject: CAISO Notice - Ten Minute Settlements Implementation September 1 content: Market Participants SC Settlements Contacts After the 10 Minute Settlement Market Simulation conference call on Friday August 25, Market Participants' concerns of readiness were brought before the ISO Officers. The Officers discussed these concerns as well as the two previous delays (June and August) in implementing Ten Minute Settlements. Weighing all of these issues, the ISO believes that there is a compelling need to put a pricing structure in place to realize a substantial saving in real time energy costs. Therefore, the ISO has decided to continue with the Ten Minute Settlement implementation date of September 1, 2000. Nancy Traweek Director, Market Operations Byron Woertz Director, Client Relations
bwoertz@caiso.com
20participants@caiso.com, scsettlecontacts@caiso.com
badeer-r/discussion_threads/254.
subject: Power Plant Development Update/New Economic Life for Shut-in Well content: In Energy Insight for Tuesday, August 29 In Energy Insight Today (Blue Banner, all subscribers) Power plant developers shake off the dog days of summer with plans for another 15,000 MW of generating capacity. Check out the latest update to Energy Insight's power plant development Market Indicator at http://www.einsight.com. While you're at it, browse through Energy Insight's other updated Market Indicators, including domestic and international M&A activity, power plant sale list and European restructuring scorecard. Look for the Market Indicators link under the blue banner story on Energy Insight's front page. In Energy Insight 2000 (Red Banner, premium-pay access only) Energy Insight Fuels: High prices for oil and natural gas may give new economic life to shut-in wells, which offer not only an in-place reserve of fuel, but a hedging strategy for producers as well. Read details at http://www.einsight.com. For subscription information to Energy Insight 2000, call in the U.S. 720-548-5429 or e-mail einsightsales@ftenergy.com. ************* Wanted: 2000 FT Energy Global Award Nominations Time is running out to nominate your company or CEO for the 2000 FT Energy Global Awards! Now's the time to recognize those companies and individuals who are truly defining excellence amid the challenges of a dynamic energy environment. Awards will be given in 13 categories, including CEO of the Year and Energy Company of the Year. Enter the best-of-class competition by September 1 at http://www.fte-awards.com. ************ News Brief: +TXU Europe puts gas assets up for sale FT Energy's Gas Daily Europe reports that TXU Europe is putting its North Sea gas assets up for sale. The utility confirmed today that is in "preliminary talks" with a number of third parties, but stressed it was "very early days". The move follows "a number of unsolicited expressions of interests" in the business, including its operatorship. TXU said it is reviewing this part of its business and will only decide whether to sell at its conclusion. It has not set a deadline for the review. A source inside the company was not surprised at the review: "The business has changed a lot in the last year." TXU has already put up its UK generation assets for sale, and this latest move to divest gas assets could mark a shift in strategy to focus on trading and retailing. Some analysts believe that assets no longer give "competitive advantage" to energy companies, as the focus shifts towards the end-user and convergence of gas and electricity. TXU's principal production assets comprise the operating licence and 64.2% of the 83bn ft? Johnston gas field, plus 14.75% of the 33bn ft? Ravenspurn North field, 11.24% of the 5bn ft? Welland field and 4.83% of the 17bn ft? Schooner field. It also has a number of upstream exploration licences and interests in pipelines. ///////////////// Market Brief Monday August 28 Stocks Close Change % Change DJIA 11,252.84 60.2 0.5 DJ 15 Util. 361.12 5.2 1.5 NASDAQ 4,070.59 27.9 0.7 S&P 500 1,514.09 7.6 0.5 Market Vols Close Change % Change AMEX (000) 48,238 6,085.0 12.6 NASDAQ (000) 1,373,111 86,691.0 6.3 NYSE (000) 728,653 51,884.0 7.1 Commodities Close Change % Change Crude Oil (Oct) 32.87 0.84 2.56 Heating Oil (Sep) 0.9988 0.03 2.94 Nat. Gas (Henry) 4.685 0.06 1.22 Palo Verde (Sep) 162 (14.00) (8.64) COB (Sep) 185 (7.50) (4.05) PJM (Sep) 38 2.25 5.92 Dollar US $ Close Change % Change Australia $ 1.750 0.01 0.61 Canada $ 1.483 (0.00) (0.13) Germany Dmark 2.172 0.01 0.23 Euro 0.8993 (0.00) (0.26) Japan _en 106.44 (0.59) (0.56) Mexico NP 9.22 (0.01) (0.10) UK Pound 0.6802 0.00 0.04 Foreign Indices Close Change % Change Arg MerVal 475.31 0.07 0.01 Austr All Ord. 3,322.70 (3.60) (0.11) Braz Bovespa 17,460.33 (182.34) (1.04) Can TSE 300 11,224.45 (21.59) (0.19) Germany DAX 7,339.22 32.05 0.44 HK HangSeng 17,019.76 (216.98) (1.27) Japan Nikkei 225 17,181.12 269.79 1.57 Mexico IPC 6,226.37 45.22 0.73 UK FTSE 100 6,563.71 0.00 0.00 Source: Yahoo! and NYMEX
dwagman@ftenergy.com
energyinsight@spector.ftenergy.com
badeer-r/discussion_threads/255.
subject: E-Mail content: FYI, We are at a point with the mail server that is going to require me to shut it down during the day today and perform hardware upgrades. That is unless everyone and I mean everyone goes through their mail and cleans out the sent mail, inbox and trash folders. If this is not done soon then mail will stop functioning all together. I would prefer to upgrade the hardware in the evening but this will take several hours. So please help out by cleaning house on your mail, otherwise we will be forced to do the upgrade in the middle of the day. Thanks, MIke Mc.
mike.mcclain@enron.com
portland.desk@enron.com
badeer-r/discussion_threads/256.
subject: CAISO NOTICE: Attention ALL ISO Users content: > ATTENTION All ISO USERS > > The work on the Siemens Phone Switch has been completed by MCI. Please > call the ISO Support Center @ ext. 2309 if you have any questions. > > Thank you for your cooperation. > > ISO Support Center > 916-351-2309 or 888-889-0450 > ISO Support Center Mission: The ISO Support Center is dedicated to > providing World Class Customer Service to the California ISO. > > > >
cgrant@caiso.com
marketstatus@caiso.com
badeer-r/discussion_threads/257.
subject: SSARR Update Available Now content: updated: Aug 29, 2000 at 9:33
theizen@ect.enron.com
robert.badeer@enron.com
badeer-r/discussion_threads/258.
subject: CAISO NOTICE: Date Change for September Market Issues Forum content: ISO Market Participants: Please note that the September Market Issues Forum will be held on Tuesday, September 19 instead of September 13. We will distribute a preliminary list of topics to be discussed during the week of September 11. Please send your suggestions for discussion topics to me at bwoertz@caiso.com. In order to allow us to plan seating and catering for the September 19 meeting appropriately, please RSVP (Reserve Seating Verify Provisions) regarding your attendance to Colleen Grant to cgrant@caiso.com or (916) 608-7069. Regards, Byron Woertz Director, Client Relations
cgrant@caiso.com
20participants@caiso.com
badeer-r/discussion_threads/259.
subject: CAISO Notification: Operations Procedure E-508 - Posting for A 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-508 Electrical Emergency Plan Version: 1.6 Effective Date: 8-29-2000 Changes / Reasons: Minor editorial changes * 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/discussion_threads/26.
subject: Log out of system before going home content: IT guys switching from PGE to a new system
robert.badeer@enron.com
badeer-r/discussion_threads/260.
subject: Fwd: Vacation content: PLEASE READ. JEN - TEXT.htm Date: Tue, 29 Aug 2000 11:50:32 -0700 From: "Jennifer Ballas" <Jennifer_Ballas@pgn.com> To: Alan_Garton@pgn.com,Allen_Pierce@pgn.com, Al_Beck@pgn.com, Art_Hickenlooper@pgn.com, Bao_Ha@pgn.com, Barbara_Pohl@pgn.com, Bette_Stewart@pgn.com, Bill_Camper@pgn.com, Bill_Glenn@pgn.com, Bill_Lawson@pgn.com, Bob_Coffman@pgn.com, Bob_James@pgn.com, Bonnary_Warren@pgn.com, Celena_Williams@pgn.com, Cheri_Thomas@pgn.com, Christopher_Moncrieffe@pgn.com, Chris_Barnes@pgn.com, Chris_Bond@pgn.com, Chuck_McCartney@pgn.com, Colm_Lenaghan@pgn.com, Cynthia_Apodaca@pgn.com, Dale_Garcia@pgn.com, Dan_Jones@pgn.com, Dave_Hunt@pgn.com, Dave_Kruse@pgn.com, David_Blanchard@pgn.com, Dawn_Sukosd@pgn.com, Donnece_White@pgn.com, Dore_Judd@pgn.com, Dustin_Brooks@pgn.com, Earl_Cahoe@pgn.com, Emmanuel_Angulo@pgn.com, Gary_Kelsay@pgn.com, Gary_Lindland@pgn.com, Gary_Reynolds@pgn.com, Gary_Tingley@pgn.com, Gene_Glasner@pgn.com, Greg_Beck@pgn.com, Greg_Busch@pgn.com, Harry_Wright@pgn.com, Janel_Loveall@pgn.com, Janet_Gulley@pgn.com, Jann_Gilbert@pgn.com, Jan_Fauglid@pgn.com, Jay_Landstrom@pgn.com, Jeff_Danielson@pgn.com, Jennifer_Busch@pgn.com, Jerry_Todd@pgn.com, Jim_Bailey@pgn.com, Jim_Bushek@pgn.com, Joe_Ballas@pgn.com, Joe_Barra@pgn.com, Joe_Johnston@pgn.com, Joe_Piluso@pgn.com, Joe_Smith@pgn.com, John_Andresen@pgn.com, John_Linn@pgn.com, John_McLain@pgn.com, John_Uwagbae@pgn.com, John_Vaaler@pgn.com, Jon_Head@pgn.com, Jo_Calk@pgn.com, Judy_Schwabe@pgn.com, Kathleen_Stone-DeBerry@pgn.com, Kathy_Davies@pgn.com, Ken_Huggins@pgn.com, Larry_Morgan@pgn.com, Lea_Honeycutt@pgn.com, Loren_Mayer@pgn.com, Lorne_Quigley@pgn.com, Louise_Hoppes@pgn.com, Mark_Zessin@pgn.com, Michael_Barnhart@pgn.com, Mike_Gandert@pgn.com, Mike_Hemelstrand@pgn.com, Mike_Newman@pgn.com, Mike_White@pgn.com, Nancy_Williams@pgn.com, Niloofar_Khiabani@pgn.com, Norman_Hale@pgn.com, Oliver_Dillner@pgn.com, Patrick_Gleason@pgn.com, Richard_Goddard@pgn.com, Rich_Farrell@pgn.com, Rich_Rohrich@pgn.com, Robert_Weber@pgn.com, Ruth_Ash@pgn.com, Sally_Rhys@pgn.com, Sam_Benitez@pgn.com, Sam_Siciliano@pgn.com, Scot_Lawrence@pgn.com, Stan_Burnham@pgn.com, Stan_Gray@pgn.com, Steve_West@pgn.com, Sue_Cowan@pgn.com, Tami_Clifford@pgn.com, Tom_Ficker@pgn.com, Vern_Simmons@pgn.com, Vic_Purvis@pgn.com, Wayne_Law@pgn.com, Weimin_Tung@pgn.com Subject: Vacation Mime-Version: 1.0 Content-Type: multipart/mixed; boundary="=_F9A16103.4120570E" How is everyone? I just wanted to touch base with you. Tomorrow I will be heading out on vacation and will not return till Thursday, September 7th. Most classes will remain as scheduled EXCEPT Wednesday and Friday Muscle Maintenance and Friday Stretching. Please try and help out when you can--setting up circuits, changing towels bags, stocking towels in the locker rooms. Don't party too much and I will see you soon. Jen - TEXT.htm
jennifer_ballas@pgn.com
dale.rasmussen@enron.com, diana.scholtes@enron.com, jeff.richter@enron.com,
badeer-r/discussion_threads/261.
subject: Fwd: Workshop of note content: Just learned about this. Any interest in GA covering this? ---------------------- Forwarded by Mona L Petrochko/SFO/EES on 08/29/2000 01:06 PM --------------------------- "Robert Weisenmiller" <rbw@mrwassoc.com> on 08/29/2000 11:20:44 AM To: Mona Petrochko <mpetroch@enron.com>, Aaron Thomas <athomas@newenergy.com>, Rick Counihan <rick.counihan@greenmountain.com> cc: Subject: Fwd: Workshop of note FYI. Bob >Delivered-To: mrwassoc@atlas.dnai.com >X-Sender: acomnes@pop.prodigy.net >X-Mailer: QUALCOMM Windows Eudora Version 4.3.1 >Date: Tue, 29 Aug 2000 11:09:38 -0700 >To: scm@MRWassoc.com, rbw@MRWassoc.com >From: "G. Alan Comnes" <GAC@MRWassoc.com> >Subject: Workshop of note >X-Envelope-To: <rbw@MRWassoc.com> >X-MDRemoteIP: 207.181.194.110 >X-MDaemon-Deliver-To: rbw@mrwassoc.com > >This kind of stuff usually does not show up on the daily calendar .... > > >Workshop Notice >August 29, 2000 >10 am > >and > >August 30, 2000 >9 am - 12 noon > Pacific Gas and Electric Company >77 Beale Street, Auditorium >San Francisco > >The CPUC and the California ISO are sponsoring a workshop on the Electric >Settlements Process in California's Direct Access market. The purpose of >the workshop is to provide all market participants with an overview of the >Settlement Process and to share information about controls and practices >used by various participants during the settlement process. >Please RSVP by August 18th by calling or emailing Jeanette Plumley at the >California ISO with the name of your organization and the number of people >attending each day. Ms. Plumley can be reached at (916) 608-5971 or by >email at jplumley@caiso.com. >
mona.petrochko@enron.com
Mary Hain@Enron, Tim Belden@ECT, Robert Badeer@ECT
badeer-r/discussion_threads/262.
subject: CAISO Notification - 10-minute settlements implementation Confere content: A conference call will be held on Wednesday, 8/30/2000 from 1330 to 1430 PDT to discuss the technical details for implementation of 10-minute settlements. Attached is a draft implementation schedule which will be discussed and reviewed during the call. Conference Call Number: 1-888-837-2407 Passcode: 164517 Please contact Christine Vangelatos at cvangelatos@caiso.com or (916) 351-2142 if you have any questions regarding the attached. <<10-min Installation Schedule External.doc>> Jim Blatchford Client Relations Cal ISO 916.608.7051 - 10-min Installation Schedule External.doc
crcommunications@caiso.com
scsettlecontacts@caiso.com, tswg@caiso.com, 20participants@caiso.com
badeer-r/discussion_threads/263.
subject: CAISO NOTICE: Final CMR Recommendation to the Board of Governors content: Market Participants: The final CMR Recommendation to the Board of Governors is now available for your review and comments at http://www.caiso.com/clientserv/congestionreform.html The template for your comments is forthcoming. The deadline for your comments to be returned to CAISO has been extended to Thursday, August 31, close of business. For those that may have their comments ready before the deadline, please feel free to email them in. Regards, Byron Woertz Director, Client Relations
cgrant@caiso.com
20participants@caiso.com
badeer-r/discussion_threads/264.
subject: ISO To Participate in Super Peak Market content: FYI ---------------------- Forwarded by Mary Hain/HOU/ECT on 08/29/2000 01:33 PM --------------------------- Jeff Dasovich@EES 08/29/2000 08:33 AM To: Mary Hain/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Tim Belden/HOU/ECT@ECT, James D Steffes/HOU/EES@EES, Mona L Petrochko/SFO/EES@EES, Susan J Mara/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, mpalmer@enron.com, Karen Denne/Corp/Enron@ENRON, David Parquet/SF/ECT@ECT, Roger Yang/SFO/EES@EES cc: Subject: ISO To Participate in Super Peak Market ---------------------- Forwarded by Jeff Dasovich/SFO/EES on 08/29/2000 10:32 AM --------------------------- Gary Ackerman <foothi19@idt.net> on 08/26/2000 04:21:58 PM Please respond to foothi19@idt.net To: Bill Ross <billr@calpine.com>, Bob Anderson <Robert_Anderson@apses.com>, Carolyn Baker <cabaker@duke-energy.com>, Corby Gardin <jcgardin@newwestenergy.com>, Curtis Kebler <Curtis_L_Kebler@reliantenergy.com>, Denice Cazalet <dcazalet@apx.com>, Gene Waas <glwaas@calpx.com>, Greg Blue <gtbl@dynegy.com>, Jack Pigott <jackp@calpine.com>, Ken Czarnecki <Ken_J_Czarnecki@calpx.com>, Kent Wheatland <KEWH@dynegy.com>, "Klemstine, Barbara A(F56661)" <barbara_klemstine@apses.com>, Randy Hickok <rjhickok@duke-energy.com>, Rob Lamkin <rllamkin@seiworldwide.com>, Rob Nichol <rsnichol@newwestenergy.com>, robert berry <berry@apx.com>, Roger Pelote <rpelote@energy.twc.com>, Sue Mara <smara@enron.com>, curt hatton <curt.Hatton@gen.pge.com>, Jeff Dasovich <jdasovic@enron.com>, Dan Douglass <douglass@arterhadden.com>, Al Parsons <alp@ncpa.com>, Bob Reilley <rreilley@coral-energy.com>, Brian Jobson <bjobson@smud.org>, Dave Nuttall <dn@ui.com>, Edmond Chang <echang@wapa.gov>, Ken Lackey <Kenneth_Lackey@EdisonMission.com>, Linda Hamilton <lhamilton@avistaenergy.com>, Mark Tallman <mark.tallman@pacificorp.com>, "Richard H. Counihan" <counihan@greenmountain.com>, Sheryl Lambertson <sslambertson@pplmt.com>, Steve Fisher <stephen_fisher@transalta.com>, Steve Ponder <steve_ponder@fpl.com>, Tom Breckon <tom@ncpa.com>, "Wolfe, Don - PGSO-5" <dvwolfe@bpa.gov>, Chuck Goligoski <cgoligoski@avistaenergy.com>, Elaine Walsh <Elaine@citizenspower.com>, Duane Nelsen <dnelsen@gwfpower.com>, Reggie Howard <rhoward@reliantenergy.com>, Tim Belden <tbelden@ect.enron.com>, Dave Francis <DFRA@dynegy.com> cc: Subject: ISO To Participate in Super Peak Market Folks, Late Friday afternoon Ziad called me. The ISO Governing Board earlier the same day turned down the ISO management's request to force SCs to place 95% of their scheduled load in the DA market. That leaves the ISO little choice but to venture into the energy markets to procure power to cover their peak hours on hot days. Terry gave Ziad the OK to proceed with placing both the APX and California PX screens for this new product/matching-service. I am working with the two vendors and the ISO to make this happen quickly. We anticipate that the market will open on Tuesday, September 5, or earlier. Key people who you may need to contact: ISO - Ziad Alaywan 916-351-2140 (Nancy Traweek and Jim McIntosh are also in the loop) PX - Ken Czarnecki 626-537-3123 PX - John Yurkanin 626-537-3124 APX - Denice Cazalet 408-517-2123 APX - Michael Heinrich 408-517-2159 Please feel free to contact me with your questions. Several of you have not had the opportunity to attend the pre-design meetings we had at the California PX and APX a few weeks ago, nor were you aware of the joint WPTF/ISO meeting held last week. But in essence, what this product/matching-service will allow you to do is post bids to sell, or buy a 6-hour block of capacity at a firm energy price across the hours of HE13 to HE18. You can bid at COB, Mead, PV, SP15 or NP15. You can utilize either the CalPX or APX to post your bids, because the ISO will be watching both screens. The block sizes are (supposed to be) 25MW. The seller is responsible for arranging transmission to the delivery point, and the buyer (e.g., ISO) is responsible for arranging transmission service from the delivery point. The ISO will make its purchase decisions for the day-of at or before 8:00 a.m. The ISO will send out a general notice when it needs offers to sell on the super-peak market. I expect that bids for either buy or sell will be able to be posted at any time, 24 hours. The screens should allow parties to post buy or sell bids at least 60 days forward of the trade day. You are not limited to a price cap in these markets, but the ISO as a buyer has the right to not purchase at prices above it's price cap. I think WPTF members should be very proud that we were able to quickly work together, and with the ISO to create this market. I have no doubt the ISO will be offering bids to purchase starting Sept 5, and going forward 60 days. However, who among you will be willing and able to post bids to sell? gba
mary.hain@enron.com
chris.foster@enron.com, john.forney@enron.com, jeff.richter@enron.com,
badeer-r/discussion_threads/265.
subject: CAISO NOTICE: CMR Comments content: Market Participants: Please direct all comments to the CMR Recommendation to the Board to Byron Woertz at bwoertz@caiso.com Thank You! Byron Woertz Director, Client Relations
cgrant@caiso.com
20participants@caiso.com
badeer-r/discussion_threads/266.
subject: OPTIMUM content: Good Afternoon, Optimum has changed thier name to Natsource-Tullet. All trades with Optimum will be needed to be input as Natsource - Tullett. All deals done with Natsource need to be input as Natsource LLC Thank you.
carla.hoffman@enron.com
tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com,
badeer-r/discussion_threads/267.
subject: D.C. REPORT 8-29 content: 8/28 IS RECORDED ON 'PRIOR DAY'S' SHEET
carla.hoffman@enron.com
tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com,
badeer-r/discussion_threads/268.
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/discussion_threads/269.
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/discussion_threads/27.
subject: *DJ Calif. PUC Approves Utilities Buying Pwr Out Of CalPX content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 06/14/2000 02:14 PM --------------------------- From: Greg Wolfe on 06/08/2000 03:48 PM To: Chris H Foster/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Jeff Richter/HOU/ECT@ECT cc: Subject: *DJ Calif. PUC Approves Utilities Buying Pwr Out Of CalPX ---------------------- Forwarded by Greg Wolfe/HOU/ECT on 06/08/2000 05:52 PM --------------------------- Enron Capital & Trade Resources Corp. From: "Pergher, Gunther" <Gunther.Pergher@dowjones.com> 06/08/2000 01:10 PM To: "Pergher, Gunther" <Gunther.Pergher@dowjones.com> cc: (bcc: Greg Wolfe/HOU/ECT) Subject: *DJ Calif. PUC Approves Utilities Buying Pwr Out Of CalPX 17:46 GMT 8 June 2000 *DJ Calif. PUC Approves Utilities Buying Pwr Out Of CalPX Mandatory Buy Requirement Ends For Utilities LOS ANGELES (Dow Jones)--The California Public Utilities Commission approved a controversial plan Thursday morning that will allow the state's three investor-owned utilities to buy power outside the Caliifornia Power Exchange market structure. The commission voted 3 to 2 in favor of the measure. Commissioners Henry Duque, Richard A. Bilas and Josiah Neeper voted in favor of the draft order. The decision relieves the three investor-owned utilities, Sempra Energy unit San Diego Gas & Electric (SRE), Pacific Gas & Electric (PCG) and Edison International unit Southern California Edison (EIX), from their mandatory buy requirement that became effective in March 1998 when the state moved to a deregulated competitive market. Originally the mandatory buy requirement was set to end in 2002, when all three utilities recovered their stranded costs. "This decision is not as earth shattering as it sounds," Commissioner Bilas, one of the author's of the draft order, said at Thursday's meeting. "I am not criticizing the power exchange. But this will result in lower prices patched through to bundled customers." Trading platforms likw Automated Power Exchange and the New York Mercantile Exchange can now compete directly with the CalPX, which currently controls 85% of the state's wholesale power market. The utilities can buy power from other "qualified exchanges" through an advice letter process. Utilities Can Trade With Other Exchanges Now California's big three utilities can buy power outside the CalPX market structure immediately, through an advice letter process, which means the utilities have to notify the commission of their intent to trade power with qualified exchanges such as APX, Nymex or Bloomberg. The commission said the exchanges have to offer the same services as the CalPX - forward, daily and monthly trading, and anonymity to prevent self dealing between the buy side and sell side - in order to meet the criteria for a qualified exchange. Exchanges would also have to be independently owned from the utilities. Enron Online would not meet the criteria for a qualified exchange, commissioners said. The advice letter only needs to be filed once and s merely a formality that would not need to be approved by a majority of the commission. Mark Huffman, PG&E senior attorney for regulatory affairs, told Dow Jones Newswires that his company "will quickly start looking at other exchanges and see what's out there. We're going to start the advice letter process." SoCal Edison and SDG&E said they will do the same. Ed Cazalet, chairman and founder of APX, said Thursday's controversial three-to-two vote in favor of the draft order "creates a tremendous opportunity for APX." "It allows us to bring the benefits of Silicon Valley technology to California," Cazalet said. "This is really about bringing e-commerce to the market." E. Jesus Arredondo, however, disagreed, saying "selling into our market doesn't cost anything and selling into the APX market costs 20 cents per megawatt-hour." Commissioner said having other exchanges will not only result in lower electricity prices, but it will allow the buyer and seller the chance to see prices before making the purchase. CalPX's block forward prices are not immediately published, Commissioner Bilas said. Reacting to the ruling, CalPX Chief Executive Officer George Sladoje said "Today's split vote by the CPUC in favor of accelerating the introduction of other qualified exchanges is not well-reasoned and it may in the end prove counterproductive." -By Jason Leopold; Dow Jones Newswires (323) 658-3874; jason.leopold@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
robert.badeer@enron.com
mpetroch@enron.com
badeer-r/discussion_threads/270.
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/discussion_threads/271.
subject: CAISO NOTIFICATION - TSWG MEETING NOTES 8/23/00 content: TSWG Meeting notes for 8/23/00 Participants: Scheduling Coordinators - Altra, SCE, CDWR, PGE, Riverside, Southern, Midway, Dynegy, PX, Reliant, NCPA, & more. ISO - Darren Lamb, Ginger Seitles, Greg Ford, Eddie Ledesma, Mark Rothleder, CP Ng, Jim Blatchford. Settlement Dispute System (SDS): Not implemented yet. Automated Dispatch System (ADS): The ADS Query File Data Dictionary was released this week. ADS client 26 was released 8/23. Features include Query data which now contain decimals instead of integer values and system performance improvement by limiting queries to 7 days worth of data at a time. A question was raised about what time standard is used for instructions. Greg Ford responded it is PDT/PST. RMR Scheduling: No comments 10-Minute Settlement: The API parser had corrections made. The Ex-Post price fix (looking for 6 values instead of 1) has been implemented and is working. Also the supplemental energy import parsing order was corrected. The Beep_Gen_Full template does successfully parse through the existing parser. Ginger Seitles is working with SCE to correct the localized parser problem. The question was raised if there may be only one record supporting two charge types. CP responded that for CTs 401/407 there is, and can be, one record supporting multiple charge types. A question was raised concerning instructions being over lapped to the next day. Mark responded that there are no instructions that are issued to last over a day. Mark also reminded everyone that effective June 1st that the ISO stated using ramping energy versus block energy for dispatches. He also reminded all that residual energy would be in effect on September 1st. The PX asked if there were DC loss calculation available for the market simulation information. CP stated that there was and would forward it on to the PX. It is also planned to publish the implementation schedule the week of 8/28. InterSC Trades of Adjustment Bids: The implementation target date for Inter-SC Trade Adjustment Bid has been delayed until the first week of October 1, 2000. A new schedule has been published. A training class has been tentatively scheduled for September 19th . Details to follow. OASIS Redesign: Darren Lamb explained that the project is progressing satisfactorily. He is still anticipating a market testing in late October with full implementation in mid-December. A concerned was raised about the amount of time, if any was being allotted for overlapping of templates. Dual Invoicing: Everyone was reminded that the first preliminary invoices were coming out 8/24. Other: A request was made (after the TSWG call) to change the time of the call to 1330 PDT to accommodate those in the Eastern Time zone. Comments are requested. Jim Blatchford Client Relations Cal ISO 916.608.7051
jblatchford@caiso.com
tswg@caiso.com, 20participants@caiso.com
badeer-r/discussion_threads/272.
subject: EnronOnline Training Dates Change content: Please note that the EnronOnline Phase 2 training sessions scheduled for Wednesday and Thursday of this week have been rescheduled to ensure that the training sessions include both the new website and the new Stack Manager functionality for Price Limit Orders. The rescheduled dates are as follows: Houston Session 1 - Tuesday, Sept. 5 3:00 EB568. Session 2 - Thursday, Sept. 7 4:00 EB568 All Other Offices Please contact Tammie Schoppe at 713 853 4220 to book a session. Note that sessions for European traders will be announced separately. If you have any questions about the above, please contact Dave Samuels at 713 853 6931 or myself at 713 853 1861.
david.forster@enron.com
andrew.conner@enron.com, allan.ford@enron.com, adam.gross@enron.com,
badeer-r/discussion_threads/273.
subject: eSpeak's Disappearing Act content: As you may have noticed, there was a network error during today's eSpeak with Dr. Ben Gilad. Although the questions and answers were not visible during the second half of the eSpeak session, Dr. Gilad did answer all the questions he received. As always, the transcript of the discussion will be available in the eSpeak archives. If the technical issue prevented you from asking a question during today's session, please email your question to Amy Oberg at Enron Energy Services. Dr. Gilad has generously offered to respond to questions that could not be submitted during the live event.
enron.announcements@enron.com
all.worldwide@enron.com
badeer-r/discussion_threads/274.
subject: CASIO NOTIFICATION - TSWG CONFERENCE CALL 8/30/00 content: REMINDER FOR THE TSWG CONFERENCE CALL , WEDNESDAY @3:30PDT Call In Number (877) 670-4111 Passcode 246870. Jim Blatchford Client Relations Cal ISO 916.608.7051
jblatchford@caiso.com
tswg@caiso.com
badeer-r/discussion_threads/275.
subject: CAISO Notice - Comprehensive Market Redesign - Template for Comme content: Market Participants: The ISO has posted on its web site a template for your use in submitting your final comments on the ISO's Congestion Management Reform Recommendation that is part of its Comprehensive Market Redesign. The template is posted at http://www.caiso.com/clientserv/congestionreform.html <http://www.caiso.com/clientserv/congestionreform.html> . Final comments are due to bwoertz@caiso.com <mailto:bwoertz@caiso.com> by 5:00 p.m. PDT on Thursday, August 31. We will include a summary of all comments received to the ISO Governing Board as part of the CMR Recommendation for their approval. Please note that the template asks you to identify the name of the person submitting comments, the name of your organization (please limit comments to one set per organization) and whether you would like to have your comments posted on the ISO web site. Please contact me if you have any questions. Byron Woertz Director, Client Relations (916) 608-7066
bwoertz@caiso.com
20participants@caiso.com
badeer-r/discussion_threads/276.
subject: FERC Presentation on California/West Wholesale Market content: Last Thursday, I made the first attached presentation to the FERC Staff at the power marketer's meeting on the FERC's investigation of the wholesale market in the West (and in particular California). Ellen Wolf (of Tabors Caramanis) and I created this presentation building on previous presentations by Tim Belden and Dave Parquet. In the presentation and the meeting we made the following points: There isn't much FERC can do because the cause of the price spikes is not in the wholesale market. We discouraged FERC from taking any action that would hurt the vibrant wholesale market in the California and the rest of the West as well. High prices logically resulted from scarcity and if the Commission does anything it should (1) investigate whether market power was being exercised by any party and, (2) if necessary to protect the market (while still incenting needed generation) establish a price cap at a scarcity rent level equal to the price at which loads were willing to interrupt. The IOUs have not properly prepared for the risk of high prices caused by scarcity. They have failed to hedge and have underscheduled their load, therefore having to fill a large percentage of their load at ISO real time prices. My analogy was that this was like day trading your retirement fund as an asset allocation scheme. The market would function better if more information was provided to the market. The Commission should do whatever it can to incent participation by load. To see the presentation, detach, save, and view in Powerpoint. When you do, you will find there are many "hidden" slides that were not part of the oral presentation but were provided to Staff in hard copy for additional information. According to the head of the investigation (Scott Miller), the staff got alot more out of this meeting than Staff's previous meetings with the IOUs and the generators. Based on the numerous phone calls I've been getting, the Staff is looking into the data we provided. I have also attached a revised version of the presentation that Tim sent to Scott Miller on Friday. Tim's version conveys the same message but takes a different approach to conveying the message. On Friday, Tim talked to Scott and answered some additional questions. Tim said that Enron is in favor of eliminating the mandatory PX buying requirement and would like the IOUs to be able to buy from Enron Online. He also explained more fully the existence of scarcity .
mary.hain@enron.com
james.steffes@enron.com, david.delainey@enron.com, john.lavorato@enron.com,
badeer-r/discussion_threads/277.
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/discussion_threads/278.
subject: WPTF Friday Credo Veritas Burrito content: THE FRIDAY BURRITO "...more fun than a fortune cookie, and at least as accurate." There is a hint of Autumn in the air. I don=0F't know if it=0F's wishful thinking, or if the seasons are really beginning to turn from our pale summer into a Bay Area glorious Fall. It=0F's premature, I know. A few fallen leaves, the start of schools, slightly longer afternoon shadows ... I=0F'm jumping the gun. I can=0F't wait for this summer to be over, especially this summer. The pounding never stops, and as I hear the din of the cash register ringing with each climb in Southwest temperature, I can barely keep track of all the hiccups which drive prices up: fires in Montana restricting transmission paths, blown up interstate gas pipeline in New Mexico, diminishing N-Ox credits for in-state power plants, depleted inventory of hours of voluntary load interruptions for commercial and industrial customers, credit limits restricting imports of Canadian power into the Northwest and California, and BPA buying about 1,000 MW to cover its short hydro position. I also get the willies every time another politician lambastes the California restructured power industry. I just want to end to the summer, now, and start a two week Fall vacation ... anywhere, even in Cleveland. There are seven, count them, seven investigations into some aspect of the wholesale power market out here. Two days ago there were only six, but FERC just added another yesterday in response to the Prez=0F's request. That means FERC has two, the PUC has two, the State Attorneys General has two (one on the ISO Governing Board, and one on the in-state generators), and one by the Electric Oversight Board. If you don=0F't have an ongoing study of the California Market, then you=0F're not hip. All of these investigations, save FERC=0F's Section 206 Investigation, are going to amount to near nothing. A lot of wasted time and paper. The PUC and EOB studies have their conclusion sections all finished. Now they need some evidence to support their assertions. And how are we holding up under all of this? How are you doing? I talk to many of you throughout the week, and I know how frustrated you are. I share your frustration. You want to tell the public, the press, and anyone in between the truth. You want to lay out the facts. You want to show anyone who will listen that each interference into the market is making things worse, not better. The price caps, for example, are damnable and screwing up the prices, much to the detriment of those people for who price caps were supposed to be a protection against price shocks. Now they are receiving higher average prices. The public isn=0F't going to listen to anything longer than a sound bite. And let=0F's face it, when it comes to stellar public relations, our industry is not known for turning in A+ performances, except for SCE. Those guys seem to get their story in front of the public at every turn. I heard SCE is putting on their customers=0F' bill, =0F"Here is what you would have paid if the rate freeze ended ....=0F". But many of us in the new power industry, borne from the loins of either the natural-gas industry or nuclear-power business, learned the hard way that the best response to a public inquiry is a two-block head start in front of an angry mob. Keep your head down, shut your mouth, and this too shall pass. I don=0F't buy that approach, at least not anymore. That is, I don=0F't believe we have anything to hide, or of which to be ashamed. What electric restructuring is about is correct, beneficial to the public, and in everyone=0F's best interests. Look at it this way, when they pat the last shovelful of dirt on your final resting place, for what do you most want to be remembered? That you caved in to the political will of others, or at a moment when you had the chance, you did what was right instead of what was expedient? I think the choice is easy, albeit laced with sheer terror. Those bland homilies I so diligently teach my kids (e.g., tell the truth, do what is right, think of the big picture and not just yourself) are a lot easier to speak than to live by. So join me and stand up for what you believe. They can=0F't take away your pride, not yet. Here is this week=0F's line up. >>> Things in the People=0F's Republic of California @@@ Excerpts from FERC=0F's Order on SDG&E Complaint @@@ The Development of a Super-Peak Block Energy Product >>> The Mailbag: A Letter from My Friend, and A Response >>> Odds and Ends (_!_) @@@ Finish the Story Contest @@@ October General Meeting @@@ What Makes Houston, Houston? >>> Things in the People=0F's Republic of California @@@ Excerpts from FERC=0F's Order on SDG&E Complaint President Clinton commented from the Rose Garden that good folks in San Diego, retired, fixed-income, likely to vote for a Democrat, are making choices between buying medicine or air conditioning their homes. I call this the Del Monica Beach lecture. The Prez instructed the FERC to investigate the situation in California, and FERC wasted no time. In response to SDG&E=0F's August 2 complaint, whereby the utility asked FERC to impose a $250 price cap on generators in the region, the FERC responded in a way that I was hoping to see several months ago. The FERC slammed SDG&E on their complaint for lack of merit, and the FERC also initiated an FPA Section 206 Investigation into the wholesale power market in California. Here are some of the juicy excerpts from FERC=0F's Order: =0F"In this order, ... , we are denying SDG&E's requested immediate imposition of a price cap on all sellers in California. However, we are instituting consolidated hearing proceedings pursuant to section 206 of the Federal Power Act to investigate the justness and reasonableness of the rates and charges of public utilities that sell energy and ancillary services to or through the California ISO and PX, and to also investigate whether the tariffs and institutional structures and bylaws of the California ISO and PX are adversely affecting the efficient operation of competitive wholesale electric power markets in California and need to be modified =0F"SDG&E concludes that the markets cannot be workably competitive if sellers are able to exact prices that are considerably above levels that would prevail in open competition, i.e., sellers are able to bid and receive prices significantly above their marginal costs. SDG&E also argues that the hour-to-hour volatility in imbalance energy prices and the erratic clearing price for ancillary services is an indication that the market is breaking down when it is moderately stressed. =0F"While we find it appropriate to institute a section 206 hearing on these issues, we cannot implement an immediate price cap of $250/MWh as requested by SDG&E because there is no record before us to support such an action. ... While the issues raised by this complaint are important, the Commission has no basis to conclude that SDG&E's proposal to place an immediate, arbitrary $250/MWh cap on the price that every public utility seller of energy and ancillary services may bid into the PX and ISO markets would satisfy this standard. SDG&E has provided no evidence to demonstrate that all potential sellers are able to exercise market power, has not documented a single instance of a seller exercising market power during times of scarcity, and did not attempt to show that the conditions underlying the Commission's approval of market-based rates for public utility sellers of energy and ancillary services have changed. Nor did it address specific market or institutional factors that may be causing rates to be unjust or unreasonable. =0F"SDG&E asserts that the ISO's congestion management and market structures are flawed and in need of overhaul. ... Furthermore, SDG&E expresses its concern that, for a number of reasons, the congestion management and market reform efforts being pursued by ISO stakeholders will not produce meaningful results. SDG&E indicates that it is prepared to work with the ISO to develop alternative reform proposals; however, SDG&E's complains that the ISO stakeholder process has, in SDG&E's judgment, been ineffective with respect to these issues. =0F"Various interveners contend that SDG&E's arguments are premature. ... We agree with Interveners. ... The reform efforts have been the subject of extensive public review and comment and are nearing completion. Accordingly, we reject SDG&E's arguments at this time. =0F"It is unclear whether SDG&E's failure to purchase hedging instruments for its retail operations is due to state regulatory policies or its business decisions. A retail rate design that exposes consumers to the volatility of commodity prices would be extraordinary, particularly when consumers do not have the ability to receive or respond to price signals. =0F"We are concerned that ... increasing level of market activity in the real-time market raises significant reliability and economical concerns. ... Historically, the ISO procures on a daily basis only the resources needed for the operating day. Not only does this procurement practice put pressure on the grid operator to secure needed resources at the last minute, but the practice is uneconomical. Such spot-market purchases are not subject to the ISO's buyer's cap. Furthermore, because the ISO is the supplier of last resort for these services, when OOM calls are made, suppliers realize that the ISO is in a must-buy situation. =0F"In an effort to address this problem, we direct the ISO to immediately institute a more forward approach to procuring the resources necessary to reliably operate the grid. Specifically, the ISO should anticipate the need for such additional resources based on forecasted peak periods. We direct the ISO to factor these reforms into an analysis of the need for and level of purchase price caps and to include this analysis as support for any filing it makes to extend its purchase price cap authority.=0F" In closing, WPTF is an intervenor in the case, and we hope to be very active in the case through testimony, cross examination, the filing of briefs, and reply briefs. >>> Things in the People=0F's Republic of California @@@ The Development of a Super-Peak Block Energy Product Several weeks ago, I discussed with the ISO their interest in developing a new market for a block energy product that would be purchased in the morning of a trade day, and be dispatched during the super-peak hours. I challenged them to let the market participants develop this market instead of the ISO doing the same. At the August 1 ISO Governing Board meeting, I stated as the WPTF position that we oppose price caps, but if the ISO Governing Board insisted on going down the $250/MWH price cap route, we would do what ever we could to help the situation and avoid the occurrences of Stage 3 alerts. Whereas I didn=0F't think about the conversation on super-peak block markets as being relevant to the remarks before the Governing Board, it became painfully clear soon after that we could, and should work with the ISO to develop a new market through either APX or the California PX, or both, to bring some order to the otherwise chaotic Out of Market system. This week, WPTF and the ISO had a joint meeting whereby both sides discussed the merits of a super-peak block firm-energy product, and how it could be instituted. The meeting at the ISO, at which WPTF had many of its members who either have generation in the State, or import power into California, was for market participants and the ISO to discuss how to bring more order and price transparency to the ISO's out of market calls. The ISO reported that this summer, to date, the amount of money spent on Out of Market purchases was about $100 million. Last year the total cost of Out of Market purchases was $1.7 million. APX and CalPX, in response to our earlier discussions with them, presented their proposals at the meeting. The discussions which ensued during the course of the presentations focused on how the ISO might utilize a product/service to reduce the manpower requirements currently needed to satisfy its out of market telephone calls, typically on short notice, and the interest on the part of market participants to make bids into either the APX or CalPX's proposed system for a super-peak firm-energy product. There were no commitments made by any party, simply a willingness to work together to alleviate the problems associated with finding sufficient electric power during high demand periods with greater transparency, more participants, and greater market efficiency. We=0F'll keep you posted on our development of this market. >>> The Mailbag: A Letter from My Friend, and A Response Sometimes I share bites of our Burrito with fellow travellers, much as I did last week when I sent my friend Mike Florio a copy of the story called the Trial of Gow Jing. Mike sent me a note that I would like to share. He said I could. I want you to read it and appreciate that there are other people who share his view. I also copied the response I sent to Michael, a.k.a. Old Deuteronomy. Michael wrote: =0F"I'm not going to attempt to complete your little melodrama [the Gow-Jing story], but I did want to offer an observation. In simpler times, people knew the other people that they did business with, and they typically lived in the same community. If a merchant tried to charge exorbitant prices for his products, even if he was the only one in town who had the product in stock, he would face the wrath of his fellow citizens. This undoubtedly served as a constraint on such behavior, even in the absence of a CPUC or FERC. Telling Mrs. Jones that the loaf of bread she needs to feed her kids will cost her $50 would not be a pleasant way to do business, and such things ordinarily did not happen. =0F"In the modern global economy, of course, this personal aspect of doing business has been almost completely lost. And so has the restraint. I have no doubt that the folks who sell electricity are good people (jeez, I know many of them), but they work in an environment where the end results of their business decisions are invisible. If Mrs. Jones can't afford to run her refrigerator any more, that fact is at best dimly perceived, and if so it is viewed as cause for some sort of social program, not a reason why a merchant would alter his behavior. =0F"This is clearly not a case of socialism versus capitalism, because both scenarios occur within the overall context of a capitalist system. But certainly something fundamental has changed, and not for the better in my view. Now everyone feels compelled to squeeze the last dollar out of every transaction-- their jobs may even depend upon it-- and no one is responsible for the end result. Is this the kind of world we want to live in??? =0F"PUT THAT IN YOUR BURRITO AND SEE WHAT YOUR READERS SAY! YOU CAN EVEN BLAME ME, SO THAT YOU ARE NOT ACCUSED OF TURNING PINK IN YOUR MIDDLE AGE. Deut=0F" Okay. It=0F's in the Burrito. And here is what I think. You allude to the change in a world that was once =0F"more personal=0F" and= is now institutional. You make the point that things are not better off if for no other reason then the lack of personal accountability. But I don=0F't think that in all cases the more personal world is lost. It is ever present, as I will argue below. Second, your group embraces the impersonal =0F"efficiencies=0F" when it is convenient. Finally and most importantly, where will your social-minded and like minded counterparts be when competitive forces leap supply ahead of demand, which might happen in a handful of years? However, your essential point is not lost on me. I do believe that there are ways for generators and consumers to be good neighbors in California. I have a proposal below to which I would like to hear your response. First, though, the personal business touch is present in our economy. I exercise the restraint to which your story pines in many of my consulting engagements which require financial give and take between client and vendor. It is simply smart business to do so. I have been the beneficiary of the same with my local bank when errors occurred in my checking accounts, or when loan payments were made absent mindedly late, etc., and the late fee forgiven. However, much of our economy, and certainly the trade of a commodity such as electricity requires the use of markets. Nameless and faceless, they do squeeze out all the efficiencies which lead to lower prices, more innovation, and a sharing of price risk with parties who are neither the ultimate consumer nor the initial producer. The producer and consumer get out of the risk arbitrage and leave it to others who are more skilled and monied. I find it ironic that TURN, then, is so insistent on arguing, as it has done on many many occasions for the relaxation of market separation in the ISO=0F's congestion management reform. Elimination of market separation is nothing more than the impersonal forcing of parties to execute trades on either side of a congested transmission path in the name of market efficiency. Lower prices for consumers. Does it really matter if it is done through person to person transactions, or through markets? Third, your story can be used to make an alternative point. What happens to the merchant in town when Wal-Mart moves into the next town down the road? All the faithful customers that your Merchant of Vengeance was protecting suddenly migrate to a competitor with greater inventory, more choice, and lower prices. What do you say, then? The corollary for us is direct. The new generation owners moved literally billions of dollars into California, at risk, and took a chance. It paid off. They succeeded as we all know this year, and probably will next year, and so on. But the 3,000 MW of new power plants under construction in California, and the 3,000 MW under construction in Arizona, and the over 16,000 MW of combined power projects in California, Arizona, and Southern Nevada that are in line for permits will change the financial landscape in a hurry once energized. The prices will soften, returns will be less cherry, and I really want to know, where will today=0F's accusers be when there is a shake out? Consumers will reap that benefit, oh you best believe it. But the alliances to which your opening story alludes simply misses that point. You gotta make hay while the sun shines. Now to my proposal. Michael, I would be willing to work with you to develop some kind of loan program for residential and small commercial customers that would, in effect, reduce the economic hardship of higher electricity prices. I could imagine, although I haven=0F't tested the idea with any parties, that a significant program could be crafted, possibly secured by the credit of participating generating companies, and executed by a commercial lending institution such as Bank of America. Borrowers would pay a fair interest rate and the administrative fees. It=0F's simply smart business, not charity. It=0F's one way to amortize th= e earnings which came about due to a circumstance of short supply relative to the sudden growth of demand for power. Maybe that is a step in the right direction, I don=0F't know. One could argue that it is no different than SDG&E implementing a level payment plan for it=0F's consumers. True, it is no different, because in either case the customer is paying for the loan interest and administrative fees, and I consistently believe that a market for credit is more efficient (am I getting impersonal?) than one instituted by a monopoly. Second, the security for these loans is provided by parties other than the utility=0F's customers. Further, we wouldn=0F't have to wor= ry about PUC oversight and prudence reviews. We could make this work quickly. I will be very interested to hear your thoughts, and the comments of my members. Thanks for sending us your letter. >>> Odds and Ends (_!_) @@@ Finish the Story Contest Well, there was only one response, and that was from Carl Imparato. Here is what Carl said, =0F"Am I missing something? Who is Gow-Jing supposed to represent? (Yes, I get the pun in the name. But is he also just an anonymous "everyman" or is there someone in particular?) =0F"My first response to your question is that Gow-Jing simply replies =0F`Itai!=0F' (You could look it up... I think it's Chinese for =0F`it hurt= s!=0F'). Then he takes out a concealed axe, goes on a rampage and kills everyone. But that's too realistic, so don't use that ending. Instead: =0F"Ending: Just as he was about to reply, a giant 500 foot wall of water swept through the room, drowning everyone. And they lived happily ever after. The end." I haven=0F't decided whether to name this response Carl=0F's Gilgamesh Epic (I.e., Noah and the flood), or Carl=0F's Hydro Dream. We=0F'll leave the contest open for another week. Can=0F't let $5 bucks go the only entry. Where=0F's the competition? >>> Odds and Ends (_!_) @@@ October General Meeting Barb Ennis, our event coordinator for our General Meeting wanted you folks to know that the Inn at Morro Bay blocked a few more rooms for us on Wednesday, October 4th (for the early birds) and of course Thursday, October 5th. To date, 21 of the 24 rooms originally set aside in the WPTF block are now taken. Among the additional rooms, there are 2 rooms blocked with double beds on Wed. & Thur. nights at $152.00 each and 6 rooms on both nights for $89.00 each. Folks, you better call the Inn at Morro Bay, telephone 800-321-9566. Rooms should be requested under the name of the Western Power Trading Forum. Also feel free to call the Inn and book a room for Friday and Saturday if you wish to stay over....ask for SHAWN. For those who are in the golf, green fees are $28.00 plus $10.00 for the cart. Please RSVP me by E-Mail (baennis@ix.netcom.com) if you are attending The Social Evening Dinner On Thursday Night ($45 per person, all are invited) and also the luncheon on Friday (no charge) .... I must have an accurate headcount. Have a great weekend and see you at Morro Bay.......Barb >>> Odds and Ends (_!_) @@@ What Makes Houston, Houston? Dan Douglass of Arter and Hadden sent us the following item. Houston, the unofficial home of the electric power industry, is a town you either love or hate. Here are some guiding principles offered by the Chamber of Commerce of the 4th largest city to enable their many visitors to cope. =0F=07 First you must learn to pronounce the city name. It is YEWS-TUN a= nd it does not matter how people pronounce it in other places. =0F=07 Forget the traffic rules you learned elsewhere. Houston has its ow= n version of traffic rules. Never forget that downtown Houston is composed entirely of one way streets. The only way to get out of center of town is to turn around and start over when you reach Dallas, Texas. =0F=07 All directions start with, "Go down Westheimer..." =0F=07 Westheimer has no beginning and no end. =0F=07 It's impossible to go around a block and wind up on the street yo= u started on. The Chamber of Commerce calls this a "scenic drive". =0F=07 The 8am rush hour is from 6:30 to 9:30am. The 5:00 pm rush hour is from 3:30 to 6:30 pm. Friday's rush hour starts on Thursday morning. =0F=07 If you actually stop at a yellow light, you cannot be from Houston= . =0F=07 Kuykendahl Road can only be pronounced by a native, so do not attempt the phonetic pronunciation. People will simply tilt their heads to the right and stare at you. =0F=07 Construction on the Gulf Freeway is a way of life, and a permanent form of entertainment. =0F=07 Many bizarre sights can be explained simply by uttering the phrase= , " Oh, we're in Montrose!!" =0F=07 Construction crews aren't doing their job properly unless they close down all lanes except one during rush hour. =0F=07 If someone actually has their turn signal on, it was probably lef= t on at the factory where the car was made. =0F=07 White haired men driving red or silver sports cars will not obey a= ny known traffic rule and cannot be expected to stop for red lights or stop signs. =0F=07 All ladies with blue hair who drive Cadillacs or Lincoln Continentals have the right of way. =0F=07 The above mentioned blue haired ladies also have a legal right to turn right from a left lane or to turn left from a right lane. YOU HAVE BEEN WARNED! =0F=07 Buying a Houston street map is a waste of money since there is absolutely no way that you can route yourself in such a manner as to avoid major road construction. =0F=07 Houston natives are so rare that they are listed on the endangered species list. The few remaining specimens are kept in a controlled environment for their own safety. =0F=07 Sir" and "Ma'am" are used by the person speaking to you if there's= a remote possibility that you're at least 30 minutes older than they are. =0F=07 "Sugar" is a more common form of address than "Miss". So is "Honey". Do not take offense. This is how southerners address grown women. =0F=07 In Houston we drink Coca-Cola and Dr. Pepper. It is rumored that other soft drinks are sold here, but no one will admit to knowing anyone who actually drinks them. So don't ask for any other soft drink. =0F=07 What you need to know when arriving at Bush Intercontinental Airport: Your arrival gate is at least 32 miles away from the Main Concourse of any terminal. Walking heels on your boots or walking shoes are advised. =0F=07 Never honk your horn at another car in Houston traffic. The bumper sticker that reads, "Keep honking, I'm reloading" is considered fair warning. =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D Have a great weekend, y=0F'all. gba
foothi19@idt.net
charlotte@wptf.org
badeer-r/discussion_threads/28.
subject: Edison in town content: Jill Horsewell from SCE in town, will meet for lunch
robert.badeer@enron.com
badeer-r/discussion_threads/29.
subject: COST OF UNSCHEDULED LOAD content: Please see attached notice on the cost of unscheduled load. <<cost of unscheduled load.doc>> - cost of unscheduled load.doc
eleuze@caiso.com
marketparticipants@caiso.com
badeer-r/discussion_threads/3.
subject: Over $50 -- You made it happen! content: On Wall Street, people are talking about Enron. At Enron, we're talking=20 about people...our people. You are the driving force behind every success= =20 that our company has experienced, including our high-performing stock price= ,=20 which surpassed the $50 mark only a few days ago. You made it happen! To show our appreciation for your hard work and commitment to Enron=01,s=20 continued success, eligible regular full-time and regular part-time employe= es=20 who were on the payroll of a wholly-owned Enron company at Dec. 31, 1999 wi= ll=20 receive 50 Enron stock options. A special stock option award certificate a= nd=20 a copy of the stock plan will be sent to you in the next few weeks. About the stock options grant: ? The grant was effective Jan. 18, 2000, therefore, the option grant price = is=20 $55.50. ? Options will have a seven-year term, which means you must exercise these= =20 options before seven years have passed. ? Options will vest 25 percent on Feb. 28, 2000 and 25 percent each=20 subsequent January 18th thereafter until fully vested, as long as you are a= n=20 employee of Enron. This means you may exercise 25 percent of these options= =20 as early as Feb. 28. ? This grant is made in accordance with the terms and provisions of the Enr= on=20 Corp. Stock Plans and the award documents, which you will receive in the=20 coming weeks.=20 Due to varying international restrictions and legalities, Enron employees i= n=20 certain international locations will receive some other form of recognition= . =20 Your local management and human resources representative will communicate= =20 further details. Visit home.enron.com for additional information. There you can access a li= st=20 of frequently asked questions regarding stock options. And you can view a= =20 special message from Ken Lay. To access the special message, you must have= =20 IP-TV and a sound card. If you are not able to view Ken=01,s message, a=20 transcript is available. If you encounter any technical difficulties, plea= se=20 contact your PC Help Desk. Again, thank you for all you do to make Enron a successful global energy an= d=20 broadband services company and a great place to work.=20
office.chairman@enron.com
all.enron-worldwide@enron.com
badeer-r/discussion_threads/30.
subject: locational pricing conf call content: 877-670-4111 passcode 589314
robert.badeer@enron.com
badeer-r/discussion_threads/31.
subject: CAISO NOTIFICATION - Initiation of 1999 UFE Retro-Active Market A content: ISO FALL 1999 UFE PROJECT RETROACTIVE MARKET ADJUSTMENT ANNOUNCEMENT June 15, 2000 MARKET PARTICIPANTS & SC SETTLEMENT CONTACTS; NOTIFICATION OF RETRO-ACTIVE 1999 UFE MARKET CORRECTION On July 3, 2000, the ISO, consistent with its commitment to the Market Participants, will initiate Unaccounted for Energy (UFE) market adjustments, for Market Settlements from August 21, 1999 through December 31, 1999. These adjustments result from the correction of meter data errors, identified and corrected by the ISO UFE Project. The Market Participants have been very cooperative in working with the ISO. The mutual objectives were to assure accurate settlement of Imbalance Energy, to rectify start-up meter data management problems and to minimize UFE. The overall magnitude of erroneous UFE identified by the ISO UFE Project is approximately 1,100,000 MWhs or $ 70,000,000. The ISO Settlements and Metering Department staffs are in the process of recalculating the specific market charges impacted, for this period. Actual retro-active UFE adjustments will commence on July 3, 2000, and be applied initially to the May 9th Preliminary Settlement Statement (PSS). The ISO's intention is to correct 15 settlement days per week over the next 10 weeks until the entire 1999 August 21-December 31 period settlements are corrected. The ISO Settlements system time required to rerun settlements constrains our ability to proceed more expeditiously. However, we do plan completion by the end of Summer. The ISO will apply retroactive adjustments to ALL UFE related Market charges. The erroneous UFE identified by the ISO UFE Project will be charged to the responsible Scheduling Coordinators (SCs), to help assure that no adverse market impact occurs from cost shifting. Other SCs will receive the associated charge type credits. FINAL REPORT TO MARKET PARTICIPANTS - Fall 1999 ISO UFE PROJECT On August 21, 1999, UFE in the PG&E Service Area increased substantially, ranging from 4-15 %. This inordinately high UFE continued in excess of typical amounts of UFE for this UDC Service Area (-1 to +1%), for four months. The ISO actively investigated potential systemic causes for this order of magnitude increase in UFE. ISO efforts consisted of a concerted review of SQMD submitted by SC's during this period, a review of the ISO MDAS polled meter data for ISO metered entities, a review of interchange data (exports), a review of the Transmission Loss calculations used by ISO Settlements to calculate UFE by UDC, an investigation of the Market Redesign Settlements software changes associated with the drop of new Settlements software in mid- August and the retention of a data consultant to help identify and isolate any causal factor, attributable for the high UFE . The effort to identify UFE related settlement issues for the period of August 21, 1999 through December 31, 1999 is complete. The ISO UFE Project team, working in conjunction with Market Participants, identified over 1.1 million MWH of erroneous UFE. This UFE is now accounted for, and will be reassigned to the responsible SCs. The ISO Project identified over 14 casual sources of UFE during this period. Many of the issues identified were interrelated. The last major source of UFE for the period was identified in April. This UFE resulted from an erroneous Validation, Editing and Estimating (VEE) factor, applied to firm load within the PG&E Service Area. This error, associated with late or missed meter data adjustment, commenced October 1, 1999 and resulted in understated SC load of approximately 100 - 267 MW/hour, through December. The balance of the SC meter data management errors previously identified were attributable to the complexity of using Pseudo Resources and Logical Metering to model, schedule and settle Municipal UDC existing contracts (ETCs). The four primary SCs which experienced meter data problems, within the PG&E UDC Service Area, have resubmitted corrected Settlement Quality Meter Data (SQMD). The ISO will initiate retroactive UFE Market adjustments for the Settlement period of August 21,1999 through December 31, 1999. The magnitude of the Market UFE adjustment is approximately $70 million. These retro-active Market adjustments will complete the Project Team's work on the Fall 1999 UFE issue. Present UFE Status: March 2000 UFE, based upon Final Settlement Statements (FSS), is as follows: System UFE + 0.22 % PG&E UDC Service Area UFE + 0.17 % SCE UDC Service Area UFE + 0.44 % SDG&E UDC Service Area UFE - 0.45% ISO UFE Project Team Sarah Ten Broeck Kevin Graves Bill Hayes Kyle Hoffman Tri Huynh Glen Perez Jeanette Plumley Chris Sibley June 15, 2000 CRCommunications Client Relations Communications
crcommunications@caiso.com
marketparticipants@caiso.com, scsettlecontacts@caiso.com
badeer-r/discussion_threads/32.
subject: *** INTERRUPTIBLE CUSTOMERS CAN PARTICIPATE IN ISO A/S PROGRAM *** content: Load is up in CA and so is the potential for selling load curtailment products to customers. BOTTOMLINES: PG&E has asked the CPUC to approve participation of E-19 and E-20 Direct Access customers in the ISO A/S load participation pilot program (filed June 7). SCE has asked the CPUC to approve that all customers on its Large Power Interruptible tariff can participate in the ISO A/S load participation pilot program (filed June 7). FERC approved the ISO's Load Participation pilot progam and pricing on June 14, 2000, calling it an innovative program. This appears to be a total GREEN LIGHT for Enron to move forward with customers. PROCESS: The utilities filed advice letters. Comments are due on June 27. Unless you tell us otherwise, we plan to file and seek expedited treatment. (The CPUC has no required timetable in which to respond.) We expect the CPUC to approve them -- there is pressure from many fronts to DO something about load participation in the market. Both have asked for a July 17 effective date. DETAILS: SCE's is a much better document and makes a good case for CPUC approval, even though the the customers are already benefitting from providing the utilities with the option to curtail during system emergencies. SCE proposes the following approach to prevent "double-dipping" by the customers: If the ISO directs SCE to activate its load curtailment program during the time period that the customer has an accepted bid from the ISO in the A/S market, SCE -- working with the ISO -- will adjust the customer's bill to avoid double payments. SCE provides no more information, but, on principal, this seems fair to me. We'll have to watch to see what the proposed procedure would be. PG&E doesn't say much except that it is "unable" to offer this to bundled customers (oh, gee -- must be more of those "system constraints") until "later" (unspecified). I would expect large customer groups to argue about that -- but it gives us the opportunity to push direct access. PG&E didn't have much to offer on the "double-billing" issue -- it said either PG&E could change the customers bill or the ISO could adjust its payment. FERC threw out all the protests by various parties (e.g., MWD, M-S-R, other munis) and approved the ISO's proposal. The big issues were: supposed improper allocation of demand relief program costs (ISO allocates it to all SCs based on metered demand during all hours of the program);q request to charge those who are out of balance for most of the costs; the need to file pro forma agreement in advance (FERC said ISO doesn't have to); and the supposed overly restrictive program participation. If you want to know more about the order, give me a call. Have fun! Sue Mara
susan.mara@enron.com
jubran.whalan@enron.com, roger.yang@enron.com, dennis.benevides@enron.com,
badeer-r/discussion_threads/33.
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
badeer-r/discussion_threads/34.
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/discussion_threads/35.
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/discussion_threads/36.
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/discussion_threads/37.
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/discussion_threads/38.
subject: target price conf. call content: 877 670 4111 passcode 589314
robert.badeer@enron.com
badeer-r/discussion_threads/39.
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/discussion_threads/4.
subject: ROAD-SHOW.COM Q4i.COM CHOOSE ENRON TO DELIVER FINANCIAL WEB CONTENT content: HOUSTON =01) Enron Broadband Services (EBS), a wholly owned subsidiary of E= nron=20 Corp. and a leader in the delivery of high-bandwidth application services,= =20 announced today content delivery contracts with Road-Show.Com, an online=20 resource for individual investors, and Q4i.com, a financial services provid= er=20 offering an online broker resource called BrokerIQ. The two financial=20 services companies will use Enron=01,s ePowered=01v Market Cast and the Enr= on=20 Intelligent Network=01v (EIN) to enhance the quality and speed of content= =20 delivery to their investors. Enron=01,s solution provides TV-quality strea= ming=20 video with delivery speeds up to 50 times faster than the public Internet. =01&These agreements reflect the financial services industry=01,s need for = better=20 and faster delivery of online content,=018 said Joe Hirko, co-CEO of Enron= =20 Broadband Services. =01&The Enron Intelligent Network allows visionary=20 companies like Road-Show.Com and Q4i.com to serve their customers with vide= o=20 to the desktop that has unparalleled speed, clarity and quality.=018 Road-Show.Com is a fully integrated producer of online streaming media. Th= e=20 company=01,s Xvenue=01v platform offers clients a turn-key solution for=20 personalized live or on-demand webcast communications. Road-Show.Com broad= ly=20 streams the presentations that companies typically give on road shows prior= =20 to an initial public offering to audiences that include individual and=20 professional investors. =01&The Enron Intelligent Network and Market Cast technology will allow=20 Road-Show.Com to offer our customers something they have never had access t= o=20 before =01) real-time company presentations and one of the fastest, richest= =20 viewing experiences possible. This will enhance their ability to make full= y=20 educated investment decisions,=018 said Trey Fecteau, president of=20 Road-Show.Com.=20 Q4i.com provides =01&one-stop=018 advanced technology solutions for financi= al=20 services companies and their clients. With its flagship product, BrokerIQ= =01v,=20 professional brokers and their firms have a complete broker management syst= em=20 at their fingertips. Q4i.com will utilize EBS to distribute financial vide= o=20 clips to clients via its BrokerCity=01v product. In addition, Enron will= =20 deliver Q4i.com=01,s live and on-demand streaming video clips of golf resor= ts,=20 golf courses, golf real estate, equipment and golf travel for Internet user= s=20 around the world through GolfTV=01v, Q4i.com=01,s online video network. =01&Our clients now have streaming video features available on their deskto= ps=20 via Enron=01,s network,=018 said J. Frederic Storaska, chairman and co-CEO = of=20 Q4i.com. =01&They not only will enjoy on-demand streaming video of financi= al=20 and golf information, but they=01,ll have the opportunity to take advantage= of=20 special vacation and equipment offers reserved exclusively for our=20 broker-dealers.=018 Enron=01,s ePowered Market Cast Solution ePowered Market Cast, an application of the Enron Intelligent Network, is a= n=20 end-to-end streaming media solution for banks, brokerages and other financi= al=20 services firms. Using ePowered Market Cast, companies can enhance investor= =20 relations, conduct virtual road shows and stream analyst presentations from= =20 their websites. In addition, ePowered Market Cast is a powerful intranet= =20 solution for providing real-time financial news, data feeds, training and= =20 presentations to an internal audience. The application streams video at an= =20 average bit-rate speed of 200 kilobits per second (kbps). The Enron Intelligent Network is based on distributed server architecture, = a=20 pure Internet Protocol (IP) platform and embedded software intelligence tha= t=20 sets it apart from other networks. The EIN=01,s enhanced performance is du= e to=20 its ability to deliver streaming media content =01&one hop=018 away from th= e user=20 at the closest EIN edge server. The result is a TV-quality viewing=20 experience for the user. In contrast, the public Internet=01,s ability to= =20 deliver the broadband content businesses need is often hampered by packet= =20 loss, interference and other disruptions that slow down transmission speed= =20 and compromise the end user=01,s experience. About Enron Broadband Services Enron Broadband Services, formerly Enron Communications, Inc., is a leading= =20 provider of high quality, broadband Internet content and applications. The= =20 company=01,s business model combines the power of the Enron Intelligent Net= work,=20 Enron=01,s Broadband Operating System, bandwidth trading and intermediation= =20 services, and high-bandwidth applications, to fundamentally improve the=20 experience and functionality of the Internet. Enron introduces its Broadban= d=20 Operating System to allow application developers to dynamically provision= =20 bandwidth on demand for the end-to-end quality of service necessary to=20 deliver broadband content. Enron is also creating a market for bandwidth= =20 that will allow network providers to scale to meet the demands that=20 increasingly complex applications require. A wholly owned subsidiary of=20 Enron Corp. (NYSE: ENE), Enron Broadband Services can be found on the Web a= t=20 www.enron.net. About Enron Enron is one of the world=01,s leading electricity, natural gas and=20 communications companies. The company, which owns approximately $34 billio= n=20 in energy and communications assets, produces electricity and natural gas,= =20 develops, constructs and operates energy facilities worldwide, delivers=20 physical commodities and financial and risk management services to customer= s=20 around the world, and is developing an intelligent network platform to=20 facilitate online business. Enron=01,s Internet address is www.enron.com. = The=20 stock is traded under the ticker symbol, =01&ENE.=018
press.release@enron.com
all.worldwide@enron.com
badeer-r/discussion_threads/40.
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/discussion_threads/41.
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/discussion_threads/42.
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/discussion_threads/43.
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/discussion_threads/44.
subject: EEI meeting content: EEI (Edison Electric Institute) meeting about new universal contract
robert.badeer@enron.com
badeer-r/discussion_threads/45.
subject: cong content: release of draft cong management package
robert.badeer@enron.com
badeer-r/discussion_threads/46.
subject: cong content: stakeholder meetings to discuss draft cong management package
robert.badeer@enron.com
badeer-r/discussion_threads/47.
subject: cong content: public release of remaining cong management package appendices
robert.badeer@enron.com
badeer-r/discussion_threads/48.
subject: cong content: board meeting to approve cong management package
robert.badeer@enron.com
badeer-r/discussion_threads/49.
subject: SAP ID - Here it is!!!!! content: The following SAP ID and Password allows you to access pay, benefit, and personal data via eHROnline. Do NOT provide this ID/Password to anyone as it enables modification to direct deposit account information. The SAP system AND eHROnline will be available beginning FRIDAY, JUNE 23 at 8:00 AM for TIME ENTRY. Full SAP functionality for financials will be available on July 5, 2000. You will be asked to change your password at the initial logon. Your NEW password should meet the following criteria: Must be 6-8 characters long Can include numbers and letters Can NOT include 'enron' in your password. The system will require you to change your password every 90 days. The following address will connect you to eHRonline beginning FRIDAY, JUNE 23 at 8:00AM, http://eHRonline.enron.com (Must use Internet Explorer, version 4.01 or higher to access this link.) How do I get help?: SAP Support: Call the COE SAP Hotline at 713-345-4SAP (4727). For Quick Reference Tools, Security Request Processes, after hours contact information and other general information, go to the COE web site via Internet Explorer using the following URL address: http://sap.enron.com/coe For Troubleshooting and Go-Live Tips, go to the following web site, via Internet Explorer, using the following URL address: http://sap.enron.com/coe Click on SAP, then click on Troubleshooting and Go-Live Tips Training: Contact your site manager if you were not able to attend a SAP training class, and would like to attend one, for approval and role assignment. For interactive web based training for eHRonline time entry, go to the following web site, via Internet Explorer, using the following URL address: http://www.enroncast.com/docentlm/docent_lm_login.html Select the "New Users Click Here to Register" link
enron.announcements@enron.com
sap.mailout@enron.com
badeer-r/discussion_threads/5.
subject: Fortune Most Admired Ranking content: Congratulations! For an unprecedented five years in a row, Enron has been ranked the "Most Innovative Company in America" by Fortune magazine. In addition, for the first time, Enron has also been ranked #1 in "Quality of Management," topping General Electric and Omnicom Group, and our "Employee Talent" has been ranked #2, behind Goldman Sachs and ahead of Cisco Systems. America's most admired management team is paired with the best and brightest employee talent. That winning combination has led to Enron's five-year "Most Innovative" sweep. The "Most Admired" list will appear in Fortune's Feb. 21 issue, available on newsstands Feb. 8. You are the reason we have achieved such consistent recognition. You bring the innovative ideas to Enron and create new business opportunities. You contribute to our quality management team. And you are the outstanding employee talent that makes Enron such an exciting and successful company. Keep up your outstanding work, and we look forward to even greater achievements in 2000!
office.chairman@enron.com
all_enron_north.america@enron.com, ec.communications@enron.com
badeer-r/discussion_threads/50.
subject: Restructuring Today, Friday June 23, 2000 content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 06/26/2000 06:23 AM --------------------------- Susan J Mara@EES 06/23/2000 01:08 PM To: Tim Belden/HOU/ECT@ECT, Chris H Foster/HOU/ECT@ECT, John M Forney/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Stewart Rosman/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, Jeff Dasovich/SFO/EES@EES, Paul Kaufman/PDX/ECT@ECT, Mona L Petrochko/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Bruno Gaillard/SFO/EES@EES, Roger Yang/SFO/EES@EES, Dennis Benevides/HOU/EES@EES cc: rcarroll@bracepatt.com, Elsa Piekielniak/Corp/Enron@Enron Subject: Restructuring Today, Friday June 23, 2000 Article on California "gaming", high prices, possible litigation, and Avista problems ---------------------- Forwarded by Susan J Mara/SFO/EES on 06/23/2000 02:55 PM --------------------------- Restructuring Today <season@restructuringtoday.com> on 06/23/2000 12:56:25 PM Please respond to season@restructuringtoday.com To: 031601Mara <smara@enron.com> cc: Subject: Restructuring Today, Friday June 23, 2000 (see attached file: rt000623.pdf) Thank you, Season Hawksley Marketing Manager Restructuring Today U.S. Publishing Company season@restructuringtoday.com www.restructuringtoday.com 1-800-486-8201 - rt000623.pdf
robert.badeer@enron.com
matt.motley@enron.com
badeer-r/discussion_threads/51.
subject: Restructuring Today, Friday June 23, 2000 content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 06/26/2000 06:29 AM --------------------------- Susan J Mara@EES 06/23/2000 01:08 PM To: Tim Belden/HOU/ECT@ECT, Chris H Foster/HOU/ECT@ECT, John M Forney/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Stewart Rosman/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, Jeff Dasovich/SFO/EES@EES, Paul Kaufman/PDX/ECT@ECT, Mona L Petrochko/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Bruno Gaillard/SFO/EES@EES, Roger Yang/SFO/EES@EES, Dennis Benevides/HOU/EES@EES cc: rcarroll@bracepatt.com, Elsa Piekielniak/Corp/Enron@Enron Subject: Restructuring Today, Friday June 23, 2000 Article on California "gaming", high prices, possible litigation, and Avista problems ---------------------- Forwarded by Susan J Mara/SFO/EES on 06/23/2000 02:55 PM --------------------------- Restructuring Today <season@restructuringtoday.com> on 06/23/2000 12:56:25 PM Please respond to season@restructuringtoday.com To: 031601Mara <smara@enron.com> cc: Subject: Restructuring Today, Friday June 23, 2000 (see attached file: rt000623.pdf) Thank you, Season Hawksley Marketing Manager Restructuring Today U.S. Publishing Company season@restructuringtoday.com www.restructuringtoday.com 1-800-486-8201 - rt000623.pdf
robert.badeer@enron.com
greg.wolfe@enron.com
badeer-r/discussion_threads/52.
subject: financial products on EOL content: Melba, The following list of people need acces to see financial products on EOL. 1. Robert Badeer 2. Tim Belden 3. Mike Swerzbin 4. Matt Motley 5. Jeff Richter 6. Sean Crandall 7. Diana Scholtes 8. Tom Alonso 9. Mark Fischer Please expedite this as we are putting financial products on EOL. Thanks, Bob
robert.badeer@enron.com
melba.lozano@enron.com
badeer-r/discussion_threads/53.
subject: Set of Graphs content: ---------------------- Forwarded by Christopher F Calger/PDX/ECT on 06/27/2000 04:01 PM --------------------------- From: Andy Chen on 06/23/2000 04:03 PM To: Christopher F Calger/PDX/ECT@ECT cc: Subject: Set of Graphs per our conversation
christopher.calger@enron.com
robert.badeer@enron.com
badeer-r/discussion_threads/54.
subject: Proposal to Lower ISO Price Cap content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 06/27/2000 06:26 PM --------------------------- Susan J Mara@EES 06/27/2000 11:05 AM To: Jeff Dasovich/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Robert Badeer/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Richard Shapiro/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT cc: Subject: Proposal to Lower ISO Price Cap ---------------------- Forwarded by Susan J Mara/SFO/EES on 06/27/2000 01:00 PM --------------------------- GTBL@dynegy.com on 06/26/2000 09:10:22 PM To: "William Hall" <wfhall2@duke-energy.com>, "Trond Aschehoug" <taschehoug@thermoecotek.com>, "Tim Loposer" <tim.loposer@williams.com>, "Sue Mara" <smara@enron.com>, "Steve Ponder" <steve_ponder@fpl.com>, "Roger Pelote" <roger.pelote@williams.com>, "Rob Lamkin" <rllamkin@seiworldwide.com>, "Randy Hickok" <rjhickok@duke-energy.com>, "Marty McFadden" <mcfaddenjr@aol.com>, LALE@dynegy.com, "Kent Fickett" <kfickett@usgen.com>, "Jonathan Weisgall" <jweisgall@aol.com>, "John Stout" <John_H_Stout@reliantenergy.com>, "Joe Ronan" <joer@calpine.com>, "Joe Greco" <joe.greco@uaecorp.com>, "Jim Willey" <jwilley@conpwr.com>, "JAnet Heck-Doyle" <jheckdoyle@aol.com>, "Jack Pigott" <jackp@calpine.com>, "Hap Boyd" <rboyd@enron.com>, GTBL@dynegy.com, "Frank DeRosa" <frank.derosa@gen.pge.com>, "Eileen Koch" <eileenk@calpine.com>, "Ed Tomeo" <ed.tomeo@uaecorp.com>, "Duane Nelsen" <dnelsen@gwfpower.com>, "Dennis Elliott" <delliott@energy.twc.com>, "Dave Parquet" <dparque@ect.enron.com>, "Curtis Kebler" <curtis_l_kebler@reliantenergy.com>, "Cody Carter" <cody.carter@williams.com>, "Carolyn A Baker" <cabaker@duke-energy.com>, "Bob Escalante" <rescalante@riobravo-gm.com>, "Bob Ellery" <bellery@spi-ind.com>, "Bill Woods" <billw@calpine.com>, "Bill Carlson" <william_carlson@wastemanagement.com>, "Dean Gosselin" <dean_gosselin@fpl.com> cc: Subject: Proposal to Lower ISO Price Cap FYI ---------------------- Forwarded by Gregory T Blue/NGCCorp on 06/26/2000 07:05 PM --------------------------- Gregory T Blue 06/26/2000 09:02 PM To: 104525.3473@compuserve.com, aanoli@ladwp.com, Barbara Barkovich <brbarkovich@earthlink.net>, bcarnahan@scppa.org, Camden Collins <camden.collins@gte.net>, Carolyn Kehrein <cmkehrein@ems-ca.com>, Dan Kirshner <dank@edf.org>, dferrei@smud.org, dnix@energy.state.ca.us, Douglas Long <dug@cpuc.ca.gov>, dparque@ect.enron.com, dxh4@pge.com, Eric Woychik <estrategy@mindspring.com>, fieldejr@sce.com, gcotton@sdge.com, Gregory T Blue/NGCCorp@NGCCorp, jmcguire@siliconvalleypower.com, kbjoha@aol.com, Marcie Edwards <medwar@ladwp.com>, Mike Florio <mflorio@turn.org>, Paul Arnold <pfarnold@bpa.gov>, pspan18988@aol.com, rachel@cleanpower.org, slk@water.ca.gov, smutny@iepa.com, Stacey Kusters <stacey.kusters@powerex.com>, Stacy Roscoe <roscoesa@pg.com>, Terry Winter <TWinter@caiso.com>, timothydanielhay@aol.com, toenyes@wapa.gov, wiseco@pacbell.net cc: Charlie Robinson <CRobinson@caiso.com>, Dennis Fishback <DFishback@caiso.com>, Elena Schmid <ESchmid@caiso.com>, Kellan Fluckiger <KFluckiger@caiso.com> Subject: Proposal to Lower ISO Price Cap ISO Board Members, For your consideration please find attached my executive summary and detailed letter regarding this subject. I look foward to the discussion. Greg Blue (See attached file: EXECUTIVE SUMMARY.doc)(See attached file: Fellow Board Members.doc) - EXECUTIVE SUMMARY.doc - Fellow Board Members.doc
robert.badeer@enron.com
matt.motley@enron.com
badeer-r/discussion_threads/55.
subject: FW: Reliant Letter to Gov. Davis content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 06/27/2000 06:27 PM --------------------------- Susan J Mara@EES 06/27/2000 10:27 AM To: Jeff Dasovich/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Richard Shapiro/HOU/EES@EES, Tim Belden/HOU/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, Robert Badeer/HOU/ECT@ECT cc: Subject: FW: Reliant Letter to Gov. Davis ---------------------- Forwarded by Susan J Mara/SFO/EES on 06/27/2000 12:24 PM --------------------------- "Katie Kaplan" <kaplan@iepa.com> on 06/26/2000 04:02:30 PM To: "William Hall" <wfhall2@duke-energy.com>, "Trond Aschehoug" <taschehoug@thermoecotek.com>, "Tim Loposer" <tim.loposer@williams.com>, "Sue Mara" <smara@enron.com>, "Steve Ponder" <steve_ponder@fpl.com>, "Roger Pelote" <roger.pelote@williams.com>, "Rob Lamkin" <rllamkin@seiworldwide.com>, "Randy Hickok" <rjhickok@duke-energy.com>, "Marty McFadden" <mcfaddenjr@aol.com>, "Lynn Lednicky" <lale@dynegy.com>, "Kent Fickett" <kfickett@usgen.com>, "Jonathan Weisgall" <jweisgall@aol.com>, "John Stout" <John_H_Stout@reliantenergy.com>, "Joe Ronan" <joer@calpine.com>, "Joe Greco" <joe.greco@uaecorp.com>, "Jim Willey" <jwilley@conpwr.com>, "JAnet Heck-Doyle" <jheckdoyle@aol.com>, "Jack Pigott" <jackp@calpine.com>, "Hap Boyd" <rboyd@enron.com>, "Greg Blue" <gtbl@dynegy.com>, "Frank DeRosa" <frank.derosa@gen.pge.com>, "Eileen Koch" <eileenk@calpine.com>, "Ed Tomeo" <ed.tomeo@uaecorp.com>, "Duane Nelsen" <dnelsen@gwfpower.com>, "Dennis Elliott" <delliott@energy.twc.com>, "Dave Parquet" <dparque@ect.enron.com>, "Curtis Kebler" <curtis_l_kebler@reliantenergy.com>, "Cody Carter" <cody.carter@williams.com>, "Carolyn A Baker" <cabaker@duke-energy.com>, "Bob Escalante" <rescalante@riobravo-gm.com>, "Bob Ellery" <bellery@spi-ind.com>, "Bill Woods" <billw@calpine.com>, "Bill Carlson" <william_carlson@wastemanagement.com>, "Dean Gosselin" <dean_gosselin@fpl.com> cc: Subject: FW: Reliant Letter to Gov. Davis Greetings: Please find a copy of the Reliant letter to the Governor. -----Original Message----- From: curtis_l_kebler@reliantenergy.com [mailto:curtis_l_kebler@reliantenergy.com] Sent: Monday, June 26, 2000 1:53 PM To: john_h_stout@reliantenergy.com; stephanie-newell@reliantenergy.com; rhoward@reliantenergy.com Cc: smutny@iepa.com; steven@iepa.com; kaplan@iepa.com Subject: Reliant Letter to Gov. Davis Attached is a revised draft of Reliant's letter to Gov. Davis. (See attached file: Gov. Davis Letter.rev1.doc) - Gov. Davis Letter.rev1.doc
robert.badeer@enron.com
matt.motley@enron.com
badeer-r/discussion_threads/56.
subject: cell phone number content: Sue, Could you please send me your cell phone number. Thanks. Bob
robert.badeer@enron.com
susan.mara@enron.com
badeer-r/discussion_threads/57.
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/discussion_threads/58.
subject: FW: SOUTHERN CALIFORNIA LONG-TERM REGIONAL TRANSMISSION STUDY Sta content: - MtgAnnouncement.doc
cgrant@caiso.com
20participants@caiso.com
badeer-r/discussion_threads/59.
subject: conf call content: sue, lets do 1015, call me bob
robert.badeer@enron.com
susan.mara@enron.com
badeer-r/discussion_threads/6.
subject: EBS goes live! . . . 15,000 will be impacted on 7/1/00 content: Enron Broadband Services is the latest addition to the Enron SAP rollout. The Apollo and Beyond project team and Enron's business units are currently preparing for the project's final implementation. Apollo and Beyond is an Enron initiative tasked with laying a common financial, human resources, project management, and procurement foundation throughout the majority of Enron's businesses. EBS "Go-Live" On April 1st, Enron Broadband Services supplemented their current SAP functionality with HR Online and SAP HR, including payroll and organizational structure management. HR Online enables the EBS population to enter their own time, view and update their personal information, and view their vacation time and individual payroll information via Enron's intranet. Additionally, this implementation enhanced the SAP Financial, Project and Procurement processes that EBS has had in operation since April 1, 1999. These enhancements included an EBS pilot of B2B, a web-based requisitioning tool. Among the benefits of these enhancements will be improved information flow across business units currently on SAP. July 1 "Go-Live" This final Apollo and Beyond implementation will directly impact more than 15,000 Enron employees and contractors -- odds are that you are one of them! People impacted on July 1st include: all Enron employees paid out of Corporate Payroll in Houston, excluding Azurix employees the financial communities of Enron Energy Services, Enron Investment Partners, Enron North America, Enron Renewable Energy Corporation, Gas Pipeline Group, Global Finance, and Global Products. the project management communities of Enron North America, Gas Pipeline Group, Global Asset Operations, Global Finance, and Global Products. the human resources communities of Corporate, Global E&P, Enron Energy Services, Enron Engineering and Construction Company, Enron Investment Partners, Enron North America, Enron Renewable Energy Corporation (Houston only), the international regions, Gas Pipeline Group, Global Finance, and Global Products. General SAP training will be available in late April via the Enron intranet. Additional, specific, SAP classes and workshops are scheduled to begin in May and continue through August. Information on the project can be obtained through the Enron intranet at http://sap.enron.com and by contacting Business Unit representatives currently working with the project. A list of Business Unit representatives is located on the intranet site. Additional information related to the July 1st implementation will be communicated to you over the next few months. Thank you. Melissa Becker Project Leader, Apollo and Beyond
enron.announcements@enron.com
all.worldwide@enron.com
badeer-r/discussion_threads/60.
subject: bullet points content: Dave, Attached are the bullet points we talked about. Bob
robert.badeer@enron.com
david.parquet@enron.com
badeer-r/discussion_threads/61.
subject: brief analysis of june 12-16 heat wave content: please look at with coopers graphs
robert.badeer@enron.com
david.parquet@enron.com
badeer-r/discussion_threads/62.
subject: Price Cap Graphs content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/03/2000 01:39 PM --------------------------- 06/30/2000 05:08 PM Cooper Richey Cooper Richey Cooper Richey 06/30/2000 05:08 PM 06/30/2000 05:08 PM To: David Parquet/SF/ECT@ECT cc: Robert Badeer/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT Subject: Price Cap Graphs Dave, Here is the next cut, I've listed assumptions and added the regulation to the ancillary service component
robert.badeer@enron.com
mbelden@mediaone.com
badeer-r/discussion_threads/63.
subject: Price Cap Graphs content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/03/2000 01:41 PM --------------------------- 06/30/2000 05:08 PM Cooper Richey Cooper Richey Cooper Richey 06/30/2000 05:08 PM 06/30/2000 05:08 PM To: David Parquet/SF/ECT@ECT cc: Robert Badeer/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT Subject: Price Cap Graphs Dave, Here is the next cut, I've listed assumptions and added the regulation to the ancillary service component
robert.badeer@enron.com
mbelden@mediaone.net
badeer-r/discussion_threads/64.
subject: FW: notice to Scheduling Coordinators- Revised format content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/03/2000 01:54 PM --------------------------- Enron Capital & Trade Resources Corp. From: "Grant, Colleen" <CGrant@caiso.com> 07/03/2000 12:59 PM To: ISO Market Participants <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI CIPANTS@caiso.com> cc: Subject: FW: notice to Scheduling Coordinators- Revised format Scheduling Coordinators and Participating Transmission Owners: The ISO has received a request for information from the Electricity Oversight Board. Because of confidentiality provisions of the ISO tariff, we are noticing, by way of this email, Scheduling Coordinators and Participating Transmission Owners of the requirements. Please see the memo below for details and information. Don Fuller Director, Client Relations Memo To: Scheduling Coordinators and Participating Transmission Owners cc: Market Participants From: CA ISO General Counsel Division Date: July 3, 2000 Re: EOB information request ____________________________________________________________________________ ________________ The CA ISO is in receipt of a request for information from the California Electricity Oversight Board (EOB). The information requested is listed in the attachment to this notice. Some of the information requested is subject to confidential treatment by the ISO pursuant to section 20.3 of the tariff. The CA ISO is in the process of determining and compiling it's response to the request. This notice is provided in accordance with section 20.3.4 of the ISO tariff which states: Notwithstanding anything in this Section 20.3 to the contrary, if the ISO is required by applicable laws or regulations, or in the course of administrative or judicial proceedings, to disclose information that is otherwise required to be maintained in confidence pursuant to this Section 2.3, the ISO may disclose such information; provided, however, that as soon as the ISO learns of the disclosure requirement and prior to making such disclosure, the ISO shall notify any affected Market Participant of the requirement and the terms thereof. The Market Participant may, at its sole discretion and own cost, direct any challenge to or defense against the disclosure requirement and the ISO shall cooperate with such affected Market Participant to the maximum extent practicable to minimize the disclosure of the information consistent with applicable law. The ISO shall cooperate with the affected Market Participant to obtain proprietary or confidential treatment of confidential information by the person to whom such information is disclosed prior to such disclosure. The ISO requests any Market Participant who intends to take action to challenge or defend against the disclosure of information to notify the ISO as soon as possible by contacting Jeanne M. Sol, at (916) 608-1744, email <mailto:jsole@caiso.com> jsole@caiso.com. The ISO intends to release the information no later than Monday, July 10. Attachment: Data requested by the EOB: For items 1-10, the specified information is requested for the following trades dates: June 1, 2000 through current date; May 20, 2000 through May 24, 2000; and August 22 through August 28, 1999: (1) Day Ahead Schedules by unit and take out point including Ancillary Services. (2) Hour Ahead Schedules by unit and take out point including Ancillary Services. (3) Ancillary Service bid adequacy data. (4) Bids into the BEEP stack. (5) Actual operation by unit - divided between instructed and uninstructed generation. (6) All out of market or out of sequence calls made by the CAISO during these periods. (7) RMR calls by hour and by unit and election chosen by owner to either take contract path or market path, beginning in June 2000. Provide data indicating whether the unit was already in the market at the commencement of this period or whether the CAISO had to call the unit in real time for operation (even if such call was made the previous day). (8) A list of all units, transmission lines, transformers and other system elements out on maintenance or forced out of service. (9) Copies of the CAISO's " Morning Report." (10) Stage 1 and Stage 2 Emergency Notices during this period. Focusing on system conditions, causal factors, and data depicting actual Operating Reserves during each such event on a ten-minute interval. For the dates specified in requests 11-15, the following information is requested: (11) Control Performance Standards violations on June 13, 2000 with an explanation of what caused these violations or the CAISO's interpretation of what caused these violations. (12) All records of communications regarding replacement reserve, including any internal correspondences relating to alteration, if any, of CAISO policy regarding quantity to procure beginning on May 1, 2000 through June 16, 2000. (13) All records of communications regarding or related to two Emergency Operating Orders Relating to Uninstructed Deviations (issued June 14 and June 27), including specifics regarding the causes of these, responses to the orders, and, more generally, the matter of uninstructed deviations (or chasing the price). (14) Provide detailed explanations of events that led to dropping load in the San Francisco Bay Area on June 14. (15) Provide detailed explanation of events that led up to invoking CAISO operating procedure T-134 (Tracy transformer overload plus other affected transformer banks) on June 15, especially focusing on how municipal utilities responded and how settlements for such responses are expected to proceed. (16) A table that cross references generators with their respective Scheduling Coordinator. (17) A table that lists generators and the firm that owns this generator. (18) A guide to unit/transactions that fall under the 'existing contract' category. (19) Copies of current Operating Procedures T-121, T-126, T-133. 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.
robert.badeer@enron.com
mbelden@mediaone.net
badeer-r/discussion_threads/65.
subject: FW: notice to Scheduling Coordinators- Revised format content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/03/2000 03:00 PM --------------------------- Enron Capital & Trade Resources Corp. From: "Grant, Colleen" <CGrant@caiso.com> 07/03/2000 12:59 PM To: ISO Market Participants <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI CIPANTS@caiso.com> cc: Subject: FW: notice to Scheduling Coordinators- Revised format Scheduling Coordinators and Participating Transmission Owners: The ISO has received a request for information from the Electricity Oversight Board. Because of confidentiality provisions of the ISO tariff, we are noticing, by way of this email, Scheduling Coordinators and Participating Transmission Owners of the requirements. Please see the memo below for details and information. Don Fuller Director, Client Relations Memo To: Scheduling Coordinators and Participating Transmission Owners cc: Market Participants From: CA ISO General Counsel Division Date: July 3, 2000 Re: EOB information request ____________________________________________________________________________ ________________ The CA ISO is in receipt of a request for information from the California Electricity Oversight Board (EOB). The information requested is listed in the attachment to this notice. Some of the information requested is subject to confidential treatment by the ISO pursuant to section 20.3 of the tariff. The CA ISO is in the process of determining and compiling it's response to the request. This notice is provided in accordance with section 20.3.4 of the ISO tariff which states: Notwithstanding anything in this Section 20.3 to the contrary, if the ISO is required by applicable laws or regulations, or in the course of administrative or judicial proceedings, to disclose information that is otherwise required to be maintained in confidence pursuant to this Section 2.3, the ISO may disclose such information; provided, however, that as soon as the ISO learns of the disclosure requirement and prior to making such disclosure, the ISO shall notify any affected Market Participant of the requirement and the terms thereof. The Market Participant may, at its sole discretion and own cost, direct any challenge to or defense against the disclosure requirement and the ISO shall cooperate with such affected Market Participant to the maximum extent practicable to minimize the disclosure of the information consistent with applicable law. The ISO shall cooperate with the affected Market Participant to obtain proprietary or confidential treatment of confidential information by the person to whom such information is disclosed prior to such disclosure. The ISO requests any Market Participant who intends to take action to challenge or defend against the disclosure of information to notify the ISO as soon as possible by contacting Jeanne M. Sol, at (916) 608-1744, email <mailto:jsole@caiso.com> jsole@caiso.com. The ISO intends to release the information no later than Monday, July 10. Attachment: Data requested by the EOB: For items 1-10, the specified information is requested for the following trades dates: June 1, 2000 through current date; May 20, 2000 through May 24, 2000; and August 22 through August 28, 1999: (1) Day Ahead Schedules by unit and take out point including Ancillary Services. (2) Hour Ahead Schedules by unit and take out point including Ancillary Services. (3) Ancillary Service bid adequacy data. (4) Bids into the BEEP stack. (5) Actual operation by unit - divided between instructed and uninstructed generation. (6) All out of market or out of sequence calls made by the CAISO during these periods. (7) RMR calls by hour and by unit and election chosen by owner to either take contract path or market path, beginning in June 2000. Provide data indicating whether the unit was already in the market at the commencement of this period or whether the CAISO had to call the unit in real time for operation (even if such call was made the previous day). (8) A list of all units, transmission lines, transformers and other system elements out on maintenance or forced out of service. (9) Copies of the CAISO's " Morning Report." (10) Stage 1 and Stage 2 Emergency Notices during this period. Focusing on system conditions, causal factors, and data depicting actual Operating Reserves during each such event on a ten-minute interval. For the dates specified in requests 11-15, the following information is requested: (11) Control Performance Standards violations on June 13, 2000 with an explanation of what caused these violations or the CAISO's interpretation of what caused these violations. (12) All records of communications regarding replacement reserve, including any internal correspondences relating to alteration, if any, of CAISO policy regarding quantity to procure beginning on May 1, 2000 through June 16, 2000. (13) All records of communications regarding or related to two Emergency Operating Orders Relating to Uninstructed Deviations (issued June 14 and June 27), including specifics regarding the causes of these, responses to the orders, and, more generally, the matter of uninstructed deviations (or chasing the price). (14) Provide detailed explanations of events that led to dropping load in the San Francisco Bay Area on June 14. (15) Provide detailed explanation of events that led up to invoking CAISO operating procedure T-134 (Tracy transformer overload plus other affected transformer banks) on June 15, especially focusing on how municipal utilities responded and how settlements for such responses are expected to proceed. (16) A table that cross references generators with their respective Scheduling Coordinator. (17) A table that lists generators and the firm that owns this generator. (18) A guide to unit/transactions that fall under the 'existing contract' category. (19) Copies of current Operating Procedures T-121, T-126, T-133. 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.
robert.badeer@enron.com
david.parquet@enron.com
badeer-r/discussion_threads/66.
subject: Press content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/10/2000 09:25 AM --------------------------- Susan J Mara@EES 07/10/2000 08:57 AM To: Mark Palmer/Corp/Enron@ENRON, Richard Shapiro/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Roger Yang/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Jeff Dasovich/SFO/EES@EES, James D Steffes/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Bruno Gaillard/SFO/EES@EES, Elsa Piekielniak/Corp/Enron@Enron, Scott Vonderheide/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT cc: Subject: Press Craig Rose's article includes the price we offered to SDG&E -- thanks to Peace. He makes us look like the bad guys in some respects -- at least he's saying let's try to make the market work first -- before asking the CPUC for price caps. ---------------------- Forwarded by Susan J Mara/SFO/EES on 07/10/2000 10:51 AM --------------------------- "Karen Edson" <kedson@ns.net> on 07/08/2000 03:06:40 PM To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson (E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)" <billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>, "Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane (E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)" <dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)" <emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com>, "Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)" <riobravogm@aol.com>, "Frank DeRosa (E-mail)" <fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>, "Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)" <jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jim Willey (E-mail)" <elliottsa@earthlink.net>, "Joe Greco (E-mail)" <joe.greco@uaecorp.com>, "Joe Ronan (E-mail)" <joer@calpine.com>, "John Stout (E-mail)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)" <jweisgall@aol.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Ken Hoffman (E-mail)" <ken_hoffman@fpl.com>, "Kent Fickett (E-mail)" <kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>, "Marty McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos (E-mail)" <paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)" <rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)" <rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>, "Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)" <smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "William Hall (E-mail)" <wfhall2@duke-energy.com> cc: "Julee Malinowski-Ball (E-mail)" <jmball@ns.net>, "Ray McNally (E-mail)" <rmcnally@mcnallytemple.com> Subject: Press The first flavor of Peace response to Enron's offer to SDG&E is in the attached SDG&E article. Brace yourself. Other articles are also of interest. Karen Edson kedson@ns.net 916/552-7070 - A. Press S_D_ urged to make best of a bad electric deal.htm - A. Press OC Register Heat leaves state feeling lack of energy.htm - A. Press LA Times 7-6.htm
robert.badeer@enron.com
jeff.richter@enron.com
badeer-r/discussion_threads/67.
subject: ENA Meeting and Event Expenditure Approval Process content: The approval process initiated in 1998 for all meeting and event expenditures in excess of $5,000 has enabled ENA to better assess the business value of events, accurately track our activities and save money. These events include customer and employee meetings, and trade shows. ENA has made some modifications to the process, which are described in this memo. The $5,000 threshold remains in effect for all customer events. However, the threshold for approval for employee meetings and events has been lowered to $2,000, and some additional requirements must be met prior to approval. Please be sure to follow the procedures described below for all meetings and events, so we can continue to successfully manage these events. 1) Prior to making any commitments to customers or vendors, all customer events with anticipated costs in excess of $5,000, and all employee events with anticipated costs in excess of $2,000 must be reviewed by the ENA Public Relations (PR) department and approved by the ENA Office of the Chairman 2) The PR department will handle the site search and hotel contract negotiations for all such events. Once this is completed, the PR department will work with you to plan and produce your event in its entirety; or they can provide as much or as little assistance as you require. The PR department will be responsible for helping you achieve the best value for your program and ENA. 3) A completed expenditure request form (see attached) and supporting documentation is required for each event. Employee meetings require a detailed agenda as part of the event documentation prior to approval. Please submit the completed expenditure request form and documentation to the PR department at EB 3642, or work with PR department employees to complete the form. 4) After PR review, the expenditure will be submitted to the ENA Office of the Chairman for final approval. Additionally, the PR department can assist in the procurement of tickets for various local sporting events and concerts. If you have any questions regarding this process, would like assistance planning an event, or need tickets for a Houston event, please contact Dorie Hitchcock in the PR department at (713) 853-6978. Thank you for your cooperation.
enron.chairman@enron.com
ena.employees@enron.com
badeer-r/discussion_threads/68.
subject: Reports content: Sorry for the delay. I was alone today. r
rebecca.phillips@enron.com
robert.badeer@enron.com
badeer-r/discussion_threads/69.
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/discussion_threads/7.
subject: The New Power Company content: The New Power Company, the first national residential and small business energy service provider in deregulated markets was launched today with strategic investors and partners including Enron, IBM and America Online. H. Eugene Lockhart has been named President and Chief Executive Officer of the company. He was formerly President of AT&T Consumer Services and Chief Marketing Officer of AT&T, as well as President of Bank America's Global Retail Bank and President and CEO of MasterCard International. Lockhart is joined by a number of high-level executives from the telecommunications and financial services sectors as well as several former Enron executives specializing in energy commodity pricing, marketing, risk management and government regulatory affairs. The former Enron employees include Jim Badum, formerly Managing Director of Consumer Services at EES, John Henderson, formerly Vice President of Retail Risk Management for EES, Dave Eichinger, formerly Vice President of Corporate Development for Enron Corp., and Kathleen Magruder, formerly Vice President of Government Affairs for Enron Corp. Lou Pai, Chairman and CEO for EES will serve as non-executive Chairman of The New Power Company. Enron will provide The New Power Company with energy commodity pricing, risk management, and government/ regulatory affairs. Ken Lay is quoted in the news release, "We've studied the residential and small business market for several years and believe this is the optimal way to provide value to these customers. By assisting in setting up an independent company, Enron is able to leverage its core competencies of energy and risk management, while partnering with other industry leaders to give The New Power Company extraordinary and immediate depth and capability." Ken will also serve on the Board of Directors. The New Power Company is scheduled to initially provide service in Pennsylvania and New Jersey in the second half of 2000. The company will be headquartered in Greenwich, Connecticut, with some operations in Houston. For more information, please log onto their website at http://www.newpowercompany.com.
office.chairman@enron.com
all.america@enron.com
badeer-r/discussion_threads/70.
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/discussion_threads/71.
subject: out of Office content: I will be out of the office this Thursday and Friday (7-13/14) to attend a congestion reform meeting at the Cal iso in Sacramento. I will be reachable by cell phone if necessary. Bob
robert.badeer@enron.com
tim.belden@enron.com, kathy.axford@enron.com, teri.whitcomb@enron.com
badeer-r/discussion_threads/72.
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/discussion_threads/73.
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/discussion_threads/74.
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/discussion_threads/75.
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/discussion_threads/76.
subject: Steve Peace content: Did you know that Steve Peace starred in and wrote Attack of the Killer Tomatoes? Check it out at www.lexingtonnet.com/tomatoes/creators/index.htm Bob
robert.badeer@enron.com
susan.mara@enron.com, david.parquet@enron.com
badeer-r/discussion_threads/77.
subject: killer tomatoes content: www.lexingtonnet.com/tomatoes/creators/index.htm
robert.badeer@enron.com
tim.belden@enron.com
badeer-r/discussion_threads/78.
subject: Steve Peace content: ---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/17/2000 12:17 PM --------------------------- Enron Capital & Trade Resources Corp. From: Lewis Nash <Lewis.Nash@msdw.com> 07/17/2000 11:10 AM Please respond to Lewis.Nash@msdw.com To: robert.badeer@enron.com cc: Subject: Steve Peace Bob: I cannot make this stuff up. Steve Peace, the Senator famous for his fight to protect the California Rate Payers, came to fame as the writer of the Critically aclaimed film, Attack of the Killer Tomatoes. I didn't believe it either until someone sent me this web page, with his link attached to it. http://www.lexingtonnet.com/tomatoes/creators/index.htm title.gif (1905 bytes) This page is dedicated to the three demented geniuses who brought us the Killer Tomatoes films! ? John DeBello - Director/Writer John DeBello was the director of all four Killer Tomatoes films. He also played small roles in each film, even playing himself in a few! He still runs many parts of Four Square Productions, I'm told. ? Steve Peace - Writer/Actor Steve Peace is probably best known in the KT films as Wilbur, the dim-witted, parachute-wearing leader of the Killer Tomatoes Task force. He also wrote parts of the films as well. Now, he's a state Senator, and even has his own page at http://www.stevepeace.net ? Costa Dillon - Writer Last, but definitley not least is Costa Dillon. He's responsible for the entire concept of Killer Tomatoes! Like everyone else here, he played small parts throughout the films. Probably his best known was the kid in the library in the original film, who cleared out the room by merely saying "Tomato!". This little part was later used as a major character in the cartoon series.
robert.badeer@enron.com
paulp@calpine.com
badeer-r/discussion_threads/79.
subject: Employee Meeting content: employee meeting mezzanine 4 at 2 WTC
robert.badeer@enron.com
badeer-r/discussion_threads/8.
subject: =?ANSI_X3.4-1968?Q?Enron=01,s_Entry_Into_Global_Metals_Market?= content: This morning, we announced an offer to acquire London-based MG plc, one of= =20 the world=01,s leading metals marketers, for $446 million. We have been=20 monitoring the global metals market for several years, and we believe that= =20 now is the right time to enter this $120 billion market. We are confident= =20 that our successful business model, which we have proven in the natural gas= =20 and electricity markets, gives us a tremendous advantage in a market that i= s=20 undergoing fundamental change. Our offer to acquire MG plc has been unanimously recommended by MG plc=01,s= =20 board of directors, and we expect to close the transaction by early third= =20 quarter of this year, following shareholder and customary regulatory=20 approvals. MG plc is a leading independent company in global non-ferrous metals tradin= g=20 and marketing and the only such company that is publicly traded. =20 Headquartered in London with major offices in New York and Frankfurt, MG pl= c=20 has 330 employees in 14 countries. It is the world=01,s leading copper=20 merchant, one of the top three merchants of copper concentrates and nickel,= =20 and a leading European merchant of recycled metal. Other products that MG= =20 plc markets include aluminum, lead, tin, zinc, brass and stainless steel. This transaction provides Enron with access to new customers and enables=20 cross-marketing opportunities. We plan to sell Enron energy products to MG= =20 plc customers and offer bundled products combining metals and power=20 outsourcing. Enron will help producers and consumers manage the risks=20 inherent in volatile raw materials and energy markets, and we will improve= =20 commodity prices for both buyers and sellers. MG plc=01,s existing market-making capabilities and market knowledge provid= e an=20 immediate platform upon which to overlay Enron=01,s proven ability to offer= =20 innovative e-commerce-enabled services to commodity-based industries. Our= =20 new metals business will be integrated into our wholesale business by Enron= =20 Europe CEO John Sherriff, who will work closely with Enron Net Works CEO Gr= eg=20 Whalley.
office.chairman@enron.com
all.worldwide@enron.com
badeer-r/discussion_threads/80.
subject: eol content: Frank, Please extend my capability to view markets on the EOL website to the maximum limit allowed. I put out and manage long dated products through the stack manager and need to be able to view these products on the website. Thank you. Bob Badeer
robert.badeer@enron.com
frank.davis@enron.com
badeer-r/discussion_threads/81.
subject: computers content: Tim, My computer numbers are: ECTPDX-990602 ECTPDX-996829
robert.badeer@enron.com
tim.heizenrader@enron.com
badeer-r/discussion_threads/82.
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/discussion_threads/83.
subject: cong conf call content: 877 381 6004 pc 560722 proposed commercial model
robert.badeer@enron.com
badeer-r/discussion_threads/84.
subject: bfm conf call content: 888 452 9851 pass code calendar contracts
robert.badeer@enron.com
badeer-r/discussion_threads/85.
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/discussion_threads/86.
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/discussion_threads/87.
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