Q: Commodity logic is the process of updating the look and feel of their products. They need two personal from settlements, confirms, and logistics. The group CL has engages will be here on Tuesday and Wednesday of next week. The meetings will be for one hour (they promise). They would also like to have a demo with the management team. (also Tuesday or Wedesday) Please provide the names of the reps to me plus with best times on Tuesday and Wednesday. Also, CL is looking for one more person to add to their team. They are looking for someone with mid and back-office experiences to help with marketing. If you have any one that maybe interested please let me know. Also, The CL module managers will be calling on you to help coordinate the gathering of contact information for various counter parties. Just to give you a heads up. Let me know. thanks
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A: commodity logic request

Q: Lorraine, I've been studying the El Paso/Dynegy reservation reduction mechanism (RRM). Basically the deal was that Dynegy's minimum-pay obligation would be reduced by the amount of the fixed cost component of IT revenues generated by El Paso's transportation of IT volumes above a historical threshold. (The parties based the threshold on El Paso's monthly IT volumes for the 12 months ended 9/30/97.) The volumes in excess of the threshold were calculated and a ratio of the volumes in excess of the threshold to the total volumes was determined; the ratio would then be applied to the fixed cost component of all IT revenues and the resulting dollar value applied to Dynegy's monthly reservation charge, to the extent Dynegy had not met its minimum pay obligation for a particular month. This provision of course met with heavy opposition; however, FERC allowed it. FERC stated that while the RRM had anticompetitive effects because it created a disincentive for El Paso to discount IT, it was not unduly discriminatory. The "unduly discriminatory" conclusion was based on an analysis on the potential effect on the Cal. gas transportation market -- the
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A: Duke

Q: Texas City Facility - The relationship between HPL and Calpine has become and continues to be strained. Calpine purchased the Texas City Cogeneration Facility from Enron and Dominion Resources in early 1998. Prior to that time ENA supplied 45,000 MMBtu of gas under a fixed price contract and a Market Price agreement was in place to provide any additional volumes that might be needed in addition to that which Union Carbide Corporation had the contractual right to supply under the historic arrangement, since they were the steam host for the facility. After Calpine took over, these contracts either expired or were terminated. At this point HPL became the sole supplier to the facility although the interconnection with the Union Carbide delivery point with the Calpine facility remained active and a new Transaction Agreement was put in place whereby Calpine agreed to certain minimum and maximum quantity obligations and agreed on the prices that would be paid for any short fall in volumes. Since then, measurement disputes have been alleged and Calpine has shortpaid HPL's invoices even after verbally agreeing that the amounts invoiced were correct. Additionally, as a result of Calpine's power purchaser's last minute notification to Calpine of reductions in the purchase of power for the next day, which notification is usually after Calpine's next day notification deadline to HPL, Calpine has resorted to the use of creative force majeure situations in an effort to reduce their costs. These notifications have occurred some thirteen (I think) times and Calpine has provided little explanation to HPL of the nature of these events of force majeure. When pressed for a more detailed explanation, they merely state that they had to take down various unit(s) to repair or replace leaking valves, etc. Clear Lake Facility - The relationship between Calpine and HPL is not as strained with regard to deliveries at this facility. This may be because the contract covering the base volume of gas being delivered by HPL has not changed since it was negotiated by ENA in 1995. Midcon remains connected to the facility and delivers certain quantities of market priced gas. Market priced gas is required by the facility when its requirements exceed the base volumes supplied under the 1995 agreement. Should the power purchase agreement be amended to allow Calpine not to deliver powered or should the power purchaser cancel the power purchase agreement, Calpine has negotiated an amendment allowing for the delivery of the base volumes at alternative delivery points. Currently, HPL has advised Calpine of an upcoming event of force majeure which will require a cessation of deliveries of gas to the facility which certain regulatory mandated tests are being performed on the A-S pipeline. It is not known whether the Midcon delivery point has the capacity to handle the entire facility gas requirements or not.
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A: Calpine Cogeneration Facility(s) relations

Q: To: All ETS and EGS employees Please mark your calendar for EGS floor meetings. Employees on floors 11, 13, 39, 40, 42, and 43, please attend the floor meeting on Tuesday, February 5, from 2:30 - 3:30 near EB3922. Employees on floors 33, 35, 44, 45, 46, and 47, please attend the floor meeting on Wednesday, February 6, from 9:30 - 10:30 near EB4712b. A listen only domestic conference bridge has been reserved for the Tuesday, February 5, meeting. Field employees, please contact your regional administration staff for dial-in numbers and instructions. Omaha employees, please gather in 227 and dial 1-877-795-3687 and access code: 3131 to access the call. Washington D.C. employees, please dial 1-877-795-3687 and access code: 3131 to access the call. Please, no cell phones on the call.
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A:
EGS Floor Meetings