Spreadsheet: jeff_dasovich__14026__CALIFORNIA STRATEGY 0922
Sheet: Sheet1

ISSUE | LEVEL OF BUSINESS PRIORTY (1= High, 5 = Low) | OBJECTIVES |  | ACTIONS |  | FORUM |  | TARGET DATE |  | ENRON VISIBILITY |  | LIKELIHOOD
REGULATORY/POLITICAL
*****RETAIL*****
1. PUC APPOINTMENT | 1 | Pro-competition commissioner |  | Find candidates |  | Governor's Office |  | Q1/2001 |  | MEDIUM |  | 0.05
 |  |  |  | Focus media on importance
 |  |  |  | Build coalition around candidate
2. RETAIL PRICE FREEZE | 1 | Promote choice & maximize EES book value |  | Develop proposal to address hydro, undercollect, rate freeze |  | PUC, Legislature, Media, Governor |  | Q2/2001 |  | HIGH |  | 0.25
CTC ROLL OFF |  |  |  | Work w/coalition & PG&E to support Enron proposal
UNDERCOLLECTION |  |  |  | Educate PUC and Legislature
HYDRO VALUATION |  |  |  | Educate the press
 |  |  |  | Speaking engagements
 |  |  |  | Target nontraditional consumer groups
 |  |  |  | Hire PR firm
 |  |  |  | Get AB 1890 group on our side
3. UTILITY PROCUREMENT | 2 |  |  |  |  |  |  |  |  | MEDIUM
DEFAULT PROVIDER |  | Competitive Default Provider |  | Coalition of retailers, wholesalers, IOUs and customers to support |  | Legislature, PUC, Media, Governor |  | Q1/2003 |  |  |  | 0.35
OUT OF MERCHANT FUNCTION |  | IOU out for C&I |  | Coalition of retailers, wholesalers, IOUs and customers to support |  | Legislature, PUC, Media, Governor |  | Q1/2002 |  |  |  | 0.4
FORWARD MARKET |  | IOU gets unlimited flexibility & 100% at risk under fixed price |  | Coalition of retailers, wholesalers, IOUs and customers to support |  | PUC, Media, FERC |  | Q1/2002 |  |  |  | 0.25
4. DEMAND RESPONSIVENESS | 3 |  |  |  |  |  |  |  |  | LOW
ISO PROGRAM |  | Remove all ISO barriers to demand responsiveness (e.g., metering requirements, 10 minute settlements) |  | Develop a proposal |  | ISO |  | Q1/2001 |  |  |  | 0.6
 |  |  |  | Shop proposal to ISO staff
 |  |  |  | Build coalition to support
5. DG | 4 | Remove major regulatory barriers at PUC/ISO |  | Remain active in CPUC/CEC/ISO/FERC proceedings |  | CPUC, CEC, ISO, FERC, Legislature |  | Q2/2001 |  | LOW |  | 0.5
6. INFORMATION | 4 | Transparent distribution operation (e.g., losses, congestion, maintenance, etc.) |  |  |  |  |  |  |  | LOW
*****WHOLESALE*****
7. WHOLESALE PRICE CAPS | 1 | 1.Eliminate them |  | Change governance |  | ISO, Legislature, FERC, Courts |  | Q3/2001 |  | HIGH |  | 0
 |  |  |  | Work w/Wolak
 |  |  |  | Work w/ISO and PX
 |  |  |  | Prominent economist papers
 |  |  |  | Presentations to ISO board
 |  |  |  | Informal lobbying of board members
 |  |  |  | Build anti-merger coalitions
 |  |  |  | AB 1890 Implementation Group
 |  |  |  | IEP
 |  |  |  | WPTF
 |  |  |  | Customers
 |  |  |  | Speak at conferences
 |  |  |  | Petition FERC
 |  |  |  | Educate PUC
 |  |  |  | Educate Legislature
 |  | 2. Raise caps |  | Same as #1 |  | ISO, Legislature, FERC, Courts |  | Q3/2001 |  |  |  | 0.1
 |  | 3. No lower |  | Same as #1 |  | ISO, Legislature, FERC, Courts |  | Q3/2001 |  |  |  | 0.5
8. ISO/PX GOVERNANCE | 2 | 1. Eastern ISO model |  | Continue with court case |  | Legislature, Courts |  | Q3/2001 |  | MEDIUM |  | 0.15
 |  |  |  | Educate/lobby legislature
 |  |  |  | Work with coalition to propose legislation
 |  |  |  | Work with utilities
 |  |  |  | Persuade ISO to petition FERC
 |  |  |  | Use as chit in SW RTO negotiations
 |  | 2. NEEPOOL model |  | Persuade ISO to petition FERC |  | Legislature, FERC |  | Q3/2001 |  |  |  | 0.15
9. ISO/PX MERGER | 2 | Retain separation |  | Work w/Wolak |  | Legislature, FERC |  | 2001 |  | HIGH |  | 0.5
 |  |  |  | Work w/ISO and PX
 |  |  |  | Prominent economist papers
 |  |  |  | Presentations to ISO board
 |  |  |  | Informal lobbying of board members
 |  |  |  | Build anti-merger coalitions
 |  |  |  | AB 1890 Implementation Group
 |  |  |  | IEP
 |  |  |  | WPTF
 |  |  |  | Customers
 |  |  |  | Speak at conferences
 |  |  |  | Petition FERC
 |  |  |  | Educate PUC
 |  |  |  | Educate Legislature
10. INFORMATION | 1 | More, sooner |  | Presentations to ISO board |  | ISO, PUC |  | Q2/2001 |  | HIGH |  | 0.75
 |  |  |  | Work w/ISO staff
 |  |  |  | Informal lobbying of board members
 |  |  |  | Continue in FERC forums
 |  |  |  | Work w/Wolak
 |  |  |  | Educate PUC
 |  |  |  | Prominent economist papers
11. INVESTIGATIONS | 1 | No Retroactive Payments |  | Understand Enron trading practices |  | CA AG; CPUC; EOB; ISO; PX; FERC; CA auditor general |  | Q4/2000 |  | HIGH
 |  |  |  | PR questionning CA focus on investigations (witch hunts)
 |  |  |  | Gather intelligence
 |  |  |  | White paper by economist on market behavior
 |  |  |  | Offensive PR shining light on all participants' behavior?
 |  | Get FERC to adopt Enron proposals |  | Work with Portland and DC |  | FERC |  | Q2/2001 |  |  |  | 0.2
12. INTERCONNECTION |  |  |  | Educate FERC staff on Enron proposals
DG | 3 | Remove barriers |  | Stay active at CPUC/CEC |  | PUC/CEC/Legislature |  | Q4/2001 |  | HIGH |  | 0.5
 |  |  |  | [NAME] to adopt CEC recommendations
 |  |  |  | Educate legislature
LARGE PLANTS | 1 | Get IOUs out |  | Propose in FERC investigation |  |  |  | Q2/2001 |  | HIGH |  | 0.4
 |  |  |  | File 203 complaint?
 |  |  |  | Make proposal to ISO to take IOUs out?
13. PLANT SITING | 1 | Get Enron-proposed changes in clean-up bill |  | Work with Legislature |  | Legislature/CEC |  | Q2/2001 |  | HIGH |  | 0.5
 |  |  |  | Develop coalition (IEP)
 |  |  |  | Develop PR strategy
 |  |  |  | Get CEC on our side and out in front
14. FORWARD MARKETS | 2 | Keep ISO out |  | Stay active at HEPG |  | HEPG, FERC, PUC, Legislature, ISO, PX |  | Q4/2001 |  | MEDIUM |  | 0.4
 |  | Get IOUs in |  | Fight Amendment 30 at FERC
 |  | Promote alternatives to PX |  | Educate FERC Comm's and staff
 |  |  |  | See actions under "PX/ISO Merger"
 |  |  |  | Work PUC OII to permit alternative exchanges & end PX buy requirement
 |  |  |  | Educate legislature
15. TRANSMISSION
CONGESTION MANAGEMENT | 2 | Get ISO CM plan approved by FERC; prevent LMP |  | Lobby ISO Board; work with ISO staff; build coalition; educate FERC staff;meet with FERC Comm's; |  | FERC, ISO, EOB |  | Q1/2001 |  |  |  | 0.6
FTRS | 2 | Finish the job |  | Lobby ISO Board; work with ISO staff; build coalition; educate FERC staff;meet with FERC Comm's; |  | FERC, ISO, EOB |  | Q1/2001 |  |  |  | 0.6
RTOS | 3 | Fight ISO's contention at FERC that it is an RTO |  | Lobby ISO Board and staff; work with FERC team |  | FERC, ISO, EOB |  | Q3/2001 |  |  |  | 0.5
NATIVE LOAD (imports into CA) | ? | Get rid of it |  | Work with Portland and DC and Houston |  | FERC/Congress |  | Q4/2001 |  |  |  | 0.2
COMMERCIAL
1. UTILITY OUTSOURCE DEALS
2. RETAIL SWAT TEAMS
3. QF BUYOUTS
4. EES BOOK RISK MANAGEMENT
5. EES CURVE SUPPORT
6. POWER PLANT DEALS
7. MARKET INTELLIGENCE