Here is an email: John and Dutch - This email is sent to discuss what is needed with respect to NYMEX quotes from the broker market. Simply put, we need quotes on every forward term for which we currently have positions. It seems that the best way to obtain relevant information would be to ask for the following: 1. Annual quotes (a quote for 2003, a quote for 2004, etc.) 2. Seasonal quotes (winter '03, summer '04, etc.) In short, try to obtain pricing to match any positions which we currently have in the books. I know that this will be difficult to accomplish, but please do what you can. We need these quotes for every day starting with Nov 28 through today. We will continue to need daily updates for the immediate future. Also, I am aware that our current position doesn't give us much stroke to ask for a lot of pricing data. However, this information is critical as it will be needed for calculation of termination values. Please do whatever you can to obtain as much data as possible. Additionally, we need to get quotes from as many different brokers as possible to help verify pricing. Please let me know if the brokers are not accomodating your requests; we may need to ask John or Louise to place calls into the brokers to move this process along. If you have any questions or comments, you can normally find me in the "war room" next to Louise's office. If I'm not there, please call me at (713) 927-3003 or at ext 53923. Thanks,
What is a potential subject line for this email?
A: Broker Quotes - PLEASE READ
Here is an email: TX SET, The Version 1.5 workgroup meet on Friday 2/01 in Austin. Here are the notes from that meeting. The following people have actions items. Please read the attached notes to see what you are action items are. Don Bender Susan Neel Johnny Roberts Paul McKinney Isabel Flores Cherly Mosley Dave Odle Sonya Howell John Hudson <<V 15_2_1.doc>> Also, Here is the 1.5 presentation that Susan Neel gave at RMS. <<Version 1.5latest.ppt>> If you have any comments or questions please feel free to contact me. Thanks
What is a potential subject line for this email?
A: Version 1.5
Here is an email: "Kirkpatrick, Joe" <joe.kirkpatrick@nrgenergy.com> writes to the NYISO_TECH_EXCHANGE Discussion List: The results of the recent capacity auctions would seem to highlight that New York and NYC in particular may not be the "tight markets" that require the numerous layers of mitigation presently in place. It is difficult to determine the "spare" capacity in NYC, Long Island or the Rest of State market due the fact that New York unlike other ISOs does not publish what the total capacity supply is for each month or season. The "curtailable load" portion of the equation has had a significant impact on capacity requirements but as yet it is unknown what the total impact is. This new capacity supply is effectively increasing the supply of available capacity. Quoting generation capabilities and load requirements excludes curtailable load and other demand response mechanisms, the exclusion of these factors grossly misrepresents supply conditions. Total capacity and spare capacity after the completion of all the capacity auctions is information essential to the economics for developers who are developing or constructing generation in NYC and other areas in NY. There is only a set amount of capacity required in New York and New York City, adjustments in price do not increase demand as they would in other commodities. Assumptions that supplies are tight and developers can rely on capacity payments to contribute to fixed cost recovery are severely overstated. There is a significant surplus of capacity in NYC alone, at a minimum there is well over 800 MW of spare capacity that we can account for as a result of the recent auctions. How much more capacity is out there? Market participants require this information to assess the economics to develop and build new generation facilities. If capacity payments are being included in project economics then this will have a significant impact on the viability of projects if those capacity payments are not there. This information needs to be published. Joe
What is a potential subject line for this email?
A:
Capacity Totals