IN: This is an email
Confidential - Attorney Client Privlege Please give me your thoughts on the attached proposal to resolve the "dangling chads" with AEP. I have attached the proposal and a "value analysis" of the proposal, both of which I propose to send to AEP. The key benefits of the proposal from Enron's perspective are the following: 1. Removes us from the vagueness and uncapped exposure of the Ducote deal with Entex for additional costs. AEP can capture the economics of future gas deliveres to Entex associated with this capital expenditure. 2. Captures the leverage that AEP will have in the Entex audit. I think for ENA to pursue Entex would be difficult/time consuming and may lead to a tortious interference suit from AEP. 3. Gives up the interest payment we think AEP owes us. This is true value we are giving up, but do we really want to fight with AEP in court over this (to the extent they are not bluffing)? 4. Removes us from having to process imbalances - saving manpower costs and further removing us from hassles with AEP. AEP is better able to capture value from these imbalances then we are, since they have the pipe. 5. Gets us out of the Coastline law suit. I'm pretty sure Coastline is at least owed the $1.4MM that we would contribute. AEP has a chance to minimize any further costs, which are capped by the value of the claim at a further $2.2MM. Please do not circulate this. Thanks,

What is the subject?

OUT: CHAD - Attorney Client Privlege - Confidential
QUESTION: Elizabeth, Here is a quick draft at a script to get some broker quotes. Unfortunately, we will not be able to get firm quotes because our counterparties will not give them to us. As a consequence, we will only be able to get indicative quotes from brokers. I am assuming that you are preoccupied with other pressing matters; If I don't hear from you by tomorrow on this, I will distribute this to the term traders, and then we can improve the script later.---sch
Propose a subject line for this email?
ANS: Draft script for getting broker quotes
Hey Bossman, We're still waiting on Kam to provide the P.V. Factors, she's having trouble locating, but we have the spreadsheet almost complete. I'll send it as soon as she gets the values. Patrice
Q: What is a potential subject line for this email?
answer: Nicor Storage Spreadsheet
FYI. I'll be participating in a "round table discussion" on California next Monday on the Berkeley campus. It's being sponsored by the Policy School and some folks from the Business School. Laura Tyson and a former FCC mucky-muck (Howard Shalansky) will moderate the two panels. Alums who now work in the energy biz are putting up funding for the event (e.g., Columbia, American Public Power Ass.) We're providing a modest stipend. There are two "round tables." First one is "Why did we do this?," and the second one is "Where to from here?" I'll be on the second panel. Go to the attached website for agenda and other info. I intend to pull from the messages, filings and other materials that we've developed over the course of the last several weeks/months. I'll distribute talking points for review and comment sometime this week. But please feel free to send thoughts, suggestions, etc. early and often. Best,
Answer: Berkeley Policy School Energy Summit
Here is an email: Attached is a summary of several recent Edison advice letters. Three of them may be of interest, dealing with demand reduction and self-generation, SCE service to Calpine's Pastoria plant in PG&E's service territory and changes to SCE's affiliate compliance program. Dan
What is a potential subject line for this email?
A: Edison Advice Letter Summary
QUESTION: I spoke with Rich yesterday. He said it would be OK to net the storage true up invoice from Ernie with the Sep invoice. I mailed the invoice via interoffice to Jeff. There are 6 or 7 deals that ENA billed CES for September that should probably be billed to New Power. All of the deals in question are on the Central desk. How does the reconciliation look for Jan - June? Rich said it was his understanding that these months look good and the adjustments are minimal.
Propose a subject line for this email?
ANS:
Storage true up