Harry, Iris and Brandon: Just finished up another call with my counterparty at Dominion. Here are the opportunities: 1. GridSouth - (They really want to dump in "CP&L East" - anything we can do to facilitate this will better meet customer requirements. Capacity: 2003 - 100MW 2004 - 250MW 2005 - 570MW for five years Will accept day-ahead dispatch. Really want 8 hour minimum runs w/ 5x16 availability. Heat Rate: 7200 VOM $2/MWh 2. Entergy - They want a straight 7x24, 365-day power purchase @ fixed price. Capacity: 65MW Start Date: July 2002 Term: 5 Years Price: $x/MWh 3. TVA - Peaker Really want intra-day call w/4hr notice for 4hr minimum run time. Capacity: Tell me what, if any, we can do. Start Date: June 2004 Availability: 5x16 June-Aug; Dec-Mar Heat Rate: 10,900 VOM: $2/MWh Let's really try to see if we can do the intra-day. If absolutely not available for 4hr min run time, see if we can do 8hr min. If this is absolutely not possible, let's try to quote day-ahead 8hr min at the very least. 4. TVA - Combined Cycle This one we already quoted at $3.97/KW-mo for 4-year, 5x16 call, beginning 1/1/03 for 7,000 Heat Rate; $2 VOM. This was for day-ahead, 16hr min run time. Tell me how much the price changes if we reduce min run time from 16hrs to 8hrs. Please call me in NY @ 212-715-5953 to discuss, if you have any questions. Thanks for all your work. I think we have a real opportunity here, if we can respond positively on a few fronts. Regards, Greg
Answer: Dominion Opportunities
The attached is the version of the contract which is under internal review and has therefore not been sent to VEPCO. Warning: the black lining may not be much help to you, depending on which version you last reviewed. We are meeting with VEPCO on Tuesday to iron out the remaining issues, and would like to send them this version in advance of that meeting Monday afternoon. With apologies for the short notice, any input you might want to give would be appreciated. We would like to send them this version (with internal revisions) in advance of that meeting. Therefore, please email me any proposed changes, or leave me a voice mail at x57566. FYI: The goal is to have this part of the deal completed prior to August 22. Thank you for your assistance,
Answer: VEPCO PPA.DOC
Group, Morrow Power came on line today to sell 24mw, for 24 hours, for testing. They began, Thursday, 10/4, HE13, and will run through HE12 on Friday, 10/5. Please sell for the best price possible. You will also need to call in to BPA numbers desk, transmission, and real-time (just like you did for Grays Harbor and Frontier). Also, BPA has been calling a few times today to ask us to schedule losses for control area reserves from Morrow, Grays Harbor, and Frontier. If they call again, please tell them that we are not responsible for the scheduling of Grays Harbor any more, and we are working on dispute resolutions for Morrow and Frontier. Once we get the resolutions worked out, and if we still owe them losses, then we will return them at that time. Thanks,
Answer: Morrow Power
I am trying to determine if there are any of the LC's expiring in January that we can request renewal for. Veronica were you able to narrow down the list to ones that are non-terminated where Enron is still exposed? Please call to discuss. Regards,
Answer:
Renewal of LC's