gas storage model

---------------------- Forwarded by Phillip K Allen/HOU/ECT on 06/27/2000
12:32 PM ---------------------------

Zimin Lu
06/14/2000 07:09 AM
To: Mark Breese/HOU/ECT@ECT
cc: Stinson Gibner/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT,
Scott Neal/HOU/ECT@ECT
Subject: gas storage model

Mark,

We are currently back-testing the storage model.
The enclosed version contains deltas and decision
variable.

You mentioned that you have resources to run the model. Please do so.
This will help us to gain experience with the market vs the
model.

I am going to distribute an article by Caminus, an software vendor.
The article illustrates the optionality associated with storage operation
very well. The Enron Research storage model is a lot like that, although
implementation may be
different.

Let me know if you have any questions.

Zimin