Hi Cindy, Any more sign ups from Enron? I'm thinking of sending a reminder out in the next day or so, and I wanted to see if you have anyone other than me, Heather and Anne. Thanks,
Answer: Checking on status
I hope that you got my reminder message that I was attending Wes Colwell's PRC meeting today, which kept me from attending the ENW staff meeting over lunch today. My remaining PRC obligations are as follows: Friday, Dec. 8 Energy Operations PRC 8:00 am until ? (ENA, EGM, EIM) Monday, Dec. 11 ' Enron Wholesale Services PRC 8:00 - 9:30 am Wednesday, Dec. 13 Associates 7:30 am until ? The Enron Americas Management Team Offsite scheduled for Las Vegas December 13-16 had been cancelled, so I will be in the office all of next week.
Answer: Update on Schedule
I've received a copy of the powerpoint presentation Hertzberg made to the his caucus. Unfortunately, it's a fax and hardly legible. I can make out, however, that it is the core/noncore plan. I'm attempting to get a better copy and will distribute as soon as I get my hands on it. Please keep confidential that we have a copy. Thanks. Best,
Answer: Hertzberg's Plan
Already in TW's Tariff 1. Dollar valuing. Need to terminate volumetric OBA's where possible to minimize TW's financial exposure. Proposed in TW's 637 Filing - Keep 1. Mandatory cash-out each month (after netting and option to trade). 2. Definition of 6 indices (vs. 3 in current tariff). 3. Parties may mutually agree to cash out PNR. Could probably do today without this language. 4. Clarification that PNR may be used by Operators. 5. May use PNR for "auto-balancing". Proposed in TW's 637 Filing - Could "Trade" 1. Daily balancing. Including daily tolerance, daily auto-transfer to PNR & daily pricing. 2. Smaller tolerance range. Proposed change from +/- 10% to +/- 5%.
Answer:
Notes from 637 Imbal Mtg 9/18/01