Karen: See highlited section of story below. PG&E's got it right. Recall that DWR was only buying power that it determined was "priced reasonably." Consequently, the net short wasn't getting picked up. That meant that the ISO would have to go to the real-time market to close the gap. The ISO would then charge the utilities for the power purchased. Recall that Bob Glynn referenced the $300 MM/month that continued to pile up on PG&E's balance sheet as one of the several reasons that PG&E put itself into bankruptcy. Now that PG&E's in bankruptcy, the state is now responsible for the full net short, and can't continue to sluff it off onto PG&E's balance sheet. So it's therefore no surprise that the State's daily bill for power purchases has increased dramatically---just not for any of the bogus reasons cited by
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answer: CA legislature in doubt
Attached please find the referenced list. Some additional comments are as follows: 1. City of Redding-no change from our previous approvals. 2. Cajun Electric Power-no west coast power (caiso or firm). It can only trade east coast power and Enron can only purchase from Cajun via EOL. As usual, no European power until further notice.
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answer: Counterparty Approval List for 1/14/00
Greg Whalley's four diamond level Astros tickets, plus parking pass, are available for the games listed below. Please advise me, asap, if you have an interest. Many Thanks, Liz Taylor x31935 COL Wednesday, June 20 @ 7:05 p.m. CIN Thursday, June 21 @ 7:05 p.m.
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answer: Diamond Level Astros Tickets Available
Jim-I just wanted you to know that you are in my mind during these difficult times. I know how disappointing this all must be to you, but know that you have a lot of friends supporting you. Regards
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answer:
Thoughts