postbot/aeslc_kw huggingface dataset:
Subject: Option Manager - extra features

Savita  In our testing we have found the inability to manage our wing-strikes risk.
The way it works for power markets is that most traders would be unwillling to trade more than 250MW of a wing strike without widening out the bid offer.
Similarly the risk at some point can get high enough to suspend wing strikes.
In the current option manager, the only possibility is to increase or decrease the ATM suite vol (which has little effect on the wing strikes anyway).
For that reason we need a volumetric control for each strike.
The volumeteric control could be a toggle which could be turned on or off.
If the volumetric control toggle si on, corresponding to each strike, there would be  a maximum volume.
If  the strike is hit or lifted by that volume, that strike is automatically suspended and the trader notified.
This allows the individual strike risk to be limited.
This also allows us to put some less liquid markets out there - where the price discovery is evolving.
In those products we can put the volume to be limited at 100 MW for each strike making the risk more manageable.
Pls give me a call, so that we can discuss this further.
Harry Arora
Subject: Cross-commodity desk

Andy,  Mark Tawney told me that you are setting up a cross-commodity desk.
I think it very interesting.
Could you give me more details?
Depending on exactly you have in mind, we may be able to help you using weather products.
Thanks,
Subject: Terminated Counterparty Contracts

I attach an updated list (to Feb 5) of the terminated contracts to date.
F= or informational purposes, I have added a column that sets out the settleme= nt dates for contracts we have settled, so there may be some additional cou= nterparties added to my previous list where there was no ECC agreed termina= tion date but we have settled and terminated (no one needs to do anything f= or these c/ps).
Again, the first table sets forth the physical contracts t= hat have been terminated and the second sets out the financial contracts, a= nd all data reflects ECC's (not the counterparties') perception of the worl= d.  I have vetted my list against Blakes' master list and believe this is a= ccurate in all respects.
As I indicated in my previous e-mails to you ther= e were a few date discrepancies and I have previously provided you with the=  corrected dates for El Paso, Marathon, AEC Marketing, Calpine (Encal), Wil= liams Energy and Baytex (all physical), all which are now correctly reflect= ed in the attachment.
A few others that were not previously on the list in= clude Coast Energy (physical) which auto terminated on Dec 2 and PrimeWest = Energy (physical) which auto terminated on Dec 2.
=20  Thanks
Subject: Termination Dates

Further to prior e-mails, I have now confirmed with Blakes that the following c/ps originally had the wrong termination dates set.
They have now been corrected to the appropriate dates, all of which were Feb 1, 2002 (John, these are the same ones I identified to you last week).
AEC Marketing, physical, gas  - February 1, 2002 Calpine Canada Natural Gas Partnership (Encal) physical, gas - February 1, 2002 El Paso Merchant Energy, physical gas - February 1, 2002 Williams Energy Marketing & Trade Co. - February 1, 2002  Greg
Subject: Canadian legal entity

The name for the Canadian entity which will enter into both Master Agreements and individual commodity transactions is: "UBS Warburg Energy (Canada) Ltd.", as confirmed by Lou Eber: UBS Chief Legal Counsel.
I am working on chasing down the parental guarantee issue.
Dave
Subject: Power Pool

John,  Attached is a spreadsheet that outlines the transactions with the Power Pool today, specifically the $6.95 M that will be withheld as a security deposit for Enron Canada Power Corp.
If you have any questions or concerns, please give me a call.
<<Enron Security Jan 29 2002.xls>>
Subject: UBS

Hi John,       As per our conversation last week, I just wanted to double check on a potential raise before the deal closes on Friday.
I know that more than a few non-promotional raises have been offered and accepted for the transfer to UBS, and I'd like to make absolutely sure that I'm not eligible for one.
As Cowan says, potentially the bonus pool may be much bigger next year, which is great, but it's not for sure.
And given the promises Enron has dolled out over the years, it doesn't mean that much right now, especially considering it's in UBS's best interest for us not to make a killing in the first year in order to buy out the company at a lower price.
Thanks,
Subject: Power Pool

This email is acknowledgement from the Power Pool of Alberta of the change in direct sales/forward contract registration for contracts that are currently registered with the Power Pool between Chevron Canada Resources and Enron Canada Power Corporation for trading after December 29 HE 1 2001.
On January 4 the Power Pool received your acknowledgement of Enron's change in the source asset for the direct sales/forward contract registrations for contract # 1947 to modify the source from the Sundance 3 unit (SD3) to Enron's unmetered source asset (ECP-).
The modified registration terms will be effective December 29 HE 1 2001 and will apply until the expiry date of the contract registration for net settlement purposes.
As for the sink asset related to direct sales/forward contract # 1947, Enron has acknowledged and accepted your change to the sink asset from CH1A to CH1U.
This change will be effective January 1, 2002 HE 1 and our systems will be changed today.
If you have any questions relating to this matter, please give me a call.
Subject: Power Pool

This email is acknowledgement from the Power Pool of Alberta of the change in direct sales/forward contract registration for contracts that are currently registered with the Power Pool between Suncor Energy and Enron Canada Power Corporation for trading after December 29 HE 1 2001.
On January 4 the Power Pool received your acknowledgement of Enron's change in the source asset for the direct sales/forward contract registrations for contract # 1421 to modify the source from the Sundance 3 unit (SD3) to Enron's unmetered source asset (ECP-).
The modified registration terms will be effective December 29 HE 1 2001 and will apply until the expiry date of the contract registration for net settlement purposes.
If you have any questions relating to this matter, please give me a call.
Subject: Power Pool

This email is acknowledgement from the Power Pool of Alberta of the change in direct sales/forward contract registration for contracts that are currently registered with the Power Pool between Lethbridge Ironworks and Enron Canada Power Corporation for trading after December 29 HE 1 2001.
On January 7 the Power Pool received your acknowledgement of Enron's change in the source asset for the direct sales/forward contract registrations for contract # 934 to modify the source from the Sundance 3 unit (SD3) to Enron's unmetered source asset (ECP-).
The modified registration terms will be effective December 29 HE 1 2001 and will apply until the expiry date of the contract registration for net settlement purposes.
In addition, as has been verbally communicated to you, the Power Pool was required to modify a direct sales/forward contract with Enron Canada Power Corporation that was registered with the Power Pool in 2001 due to the sale of the Sundance 3 unit effective December 29 HE 1 2001.
The details of these changes are provided below.
*********************************** Original Contract Number: 933 Terminated: December 28 HE 24 Source:  Enron Sundance 3 (Enron's metered asset) Sink: LI1L  New Contract Number: 2053 Begin Date: December 29 HE 1 Expiry Date: December 31 HE 24 Source:  Enron ECP- (Enron's unmetered asset) Sink: LI1L  If you have any questions relating to this matter, please give me a call.
Subject: Power Pool of Alberta

This email is acknowledgement from the Power Pool of Alberta of the change in direct sales registration for contracts that are currently registered with the Power Pool between your organization and Enron Canada Power Corporation for trading after December 29 HE 1 2001.
On January 4 the Power Pool received your acknowledgement of Enron's change in the source asset for the direct sales registrations for contracts 259, 260, 1950 to 1976 (total of 29 contracts) to modify the source from the Sundance 3 unit (SD3) to Enron's unmetered source asset (ECP-).
The modified registration terms will be effective December 29 HE 1 2001 and will apply until the expiry date of the contract for net settlement purposes.
In addition, as has been verbally communicated to you, the Power Pool was required to modify two of Encore/EPCOR's direct sales contracts with Enron Canada Power Corporation that were registered with the Power Pool in 2001 due to the sale of the Sundance 3 unit effective December 29 HE 1 2001.
The details of these changes are provided below.
*********************************** Original Contract Number: 148 Terminated: December 28 HE 24 Source:  Enron Sundance 3 (Enron's metered asset) Sink: EA1U  New Contract Number: 2050 Begin Date: December 29 HE 1 Expiry Date: December 31 HE 24 Source:  Enron ECP- (Enron's unmetered asset) Sink: EA1U *********************************** Original Contract Number: 245 Terminated: December 28 HE 24 Source:  Enron Sundance 3 (Enron's metered asset) Sink: ENC+  New Contract Number: 2051 Begin Date: December 29 HE 1 Expiry Date: December 31 HE 24 Source:  Enron ECP- (Enron's unmetered asset) Sink: ENC+ ***********************************  If you have any questions relating to this matter, please give me a call.
Subject: Enron Security

John,  Further to the voice message that I left you, I have recalculated the amount of security that would be required if all of the modified direct sales contracts are acknowledged by noon January 4.
The calculations are still a bit rough but I thought this spreadsheet would provide you with something to review.
I have used a $35 Pool Price in the calculations.
Note the additional tabs in the spreadsheet that detail the hourly generation that the Pool has received for SD3 and SD4 .
In determining the actual security required, we will need to review the megawatts in the contracts registered in detail once we have the acknowledgements tomorrow.
For simplicity I have assumed that everything is base load and I know this is not correct.
Once we know exactly what contracts we are looking at, we can fine tune the calculation.
<<December SD3 and SD4.xls>>
Subject: Simulation Curves

Make sure that all curves are downloaded by the end of simulation, 11:00 CST, tomorrow.
Ideally, the 2/7/02 curves should be marked in the morning prior to simulation.
We have been instructed to kick the calculation off as close to 11:00 CST as possible.
This is to ensure that ALL downstream systems are able to run through the simulation.
Please forward to all applicable traders.
Thanks,
Subject: IHS Accumap

John:  Do you need Accumap day one?
Carmen said that it had not been renewed so do you have access to it now?
If you do need an account how many and for who?
thanks,