Q: The dial in number for the 3pm Eastern Time call on 10/3 is (800/860-2442). Ask for the EEI/Andy Katz call. The agenda is to discuss the following: 1) The plan for forming a contract organization. 2) The agenda and schedule for upcoming Working Group/Drafting Committee meetings 3) Adding new members to the Drafting Committee. 4) Development of an Alberta Power Pool Annex (by expanding the drafting committee to key players in Alberta).
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A: Conference Call Info

Q: Vince, As you have seen in the write-ups I have been sending you, we have established the Energy Markets Institute here to provide a world class recruitment, specialized training, and research resource for the energy industry. The clear challenge now is to deliver on this as expeditiously as possible, and we need help and input from industry leaders. We have set up an Energy Executive Committee to work with us on making this a valuable resource for the industry. So far, Bruce Williamson (CEO, Duke Energy Global Markets), Gerald McElvey (Upstrean Controller, ExxonMobil), Fran Keeth (Exec. VP, Shell Oil), Donna Pedersen-McGinnis (VP, Dynegy), Bruce Sukaly (Sr. VP, Cinergy), Bob Peebler (Retired, Halliburton) have agreed to be on the committee. The committee is being put together by Lane Sloan (Retired, Shell Oil). Both Lane and I very much want to have your input. Enron is a leading energy firm (and from my perspective, it is the future of the industry). So we would like Enron to be represented, and I personally would be delighted and gratified to have your advice and evaluation. We plan to organize subcommittees dealing with Education, Research, and Trading---so it
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A: Energy Executive Committee

Q: Today FERC issued the following draft orders: NYISO TEP and Bid Cap (ER01-3001): Commission granted NYISO's request to extend the currently effective $1000/MWh Bid Caps on certain NYISO adminstered markets, and to extend its Temporary Extraordinary Procedures for Correcting Market Design Flaws and Addressing Transitional Abnormalities, until the Northeastern RTO is operational. The Commission ordered NYISO to narrow the scope of the TEP, and to file tariff sheets doing so within 30 days. NYISO proposed virtual bidding procedures (ER01-3009; ER01-3153): Tariff changes to implement virtual bidding were approved. The changes would allow market participants to bid non-physical generation and load into the day-ahead market and settle the bids in the real-time market. Also accepted were NYISOs Market Mitigation Measures to address gaming or market power strategies that might emerge as a result of the virtual bidding. NYISO - Cost responsibility for new interconnections. (ER01-2967): Tariff changes allocating cost responsibility for interconnection facilities. The provisions allocate to developers 100% of the cost of facilities necessary to physically interconnect the project. Additionally, developers are allocated the coswts for transmission system upgrades that would not have been made "but for" the interconnection, minus the cost of any facilities that the NYISO's regional plan dictates would have been necessary anyway for load growth and reliability purposes. ISO-NE - Interim Bid Caps (ER01-3086): Commission approved extension of bid caps until the Northeastern RTO is operational. Calpine v. ISO-NE (EL01-124): Commission granted complaint by Calpine and Mirant, finding that ISO-NE has amended Market Rule 5 to exclude external contracts from setting the energy clearing price, in violation of a Commission order. If you need further information, please let me know. Susan Lindberg x30596
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A: Orders issued today in NYISO and ISO-NE proceedings

Q: Pamela: Please call or email regarding the account assignment. If you are not the right person, please forward the request and advise. We are anxious to have this executed. Thank you for your assistance.
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A:
Transfer and Assignment of Enron North America Corp. ("ENA") accounts to Enron Credit Inc. ("ECI")