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Enron Mail |
What is the exact location (in terms of LMP) - is this a PJM east or PJM west hub ? Is it connected to NY, either Zone G or Zone J ?
-----Original Message----- From: Blair, Greg Sent: Monday, November 05, 2001 3:56 PM To: Cavazos, Brandon Cc: Arora, Harry Subject: RE: Con-Ed - Lakewood New Jersey Synthetic Peaker Brandon and Harry: Brandon: I assume the pricing is at the mids. Also, since the spread between the 1.50VOM and the 3.00VOM is so small, I'll just quote the 1.50. Harry: Please look at the entire email thread (to get a sense of all the metrics we're employing for this quote). ConEd has already announced a 3x7FA peaker configuration for Lakewood, NJ. The site is already owned by ConEd, part of an existing 230MW combined cycle plant they already own. It's on the same transmission line (running to the south) as the Oyster Creek nuclear facility, which has a license expiration in 2009. The existing plant is a non-merchant EWG, selling 215MW to JCP&L pusuant to a twenty-year PPA expiring in 2014. ConEd has put out an RFP to sell 200-250MW of the peaking capacity from this planned facility. They planned to have the unit operational by June 2002. If we provide this synthetic toll, the plant construction would be deferred. Let me know if we can do 350 to 500MW and let's talk about appropriate spreads above the mids. Also, please be mindful of their desire for 8 hour mins. Thanks -----Original Message----- From: Cavazos, Brandon Sent: Monday, November 05, 2001 4:38 PM To: Blair, Greg Cc: Hiemstra, Nick Subject: FW: Con-Ed - Lakewood New Jersey Synthetic Peaker Pricing as follows: For the 3 year option: $1.50 VOM - $1.77 $3.00 VOM - $1.69 For the 4 year option: $1.50 VOM - $1.74 $3.00 VOM - $1.66 As always, these prices are indicative. For a product of that size (350-500MW), I would probe the customer to find a break-even/cost of construction price, and approach Harry to get the risk premium. Let me know how it works out, Brandon Cavazos Enron North America 1400 Smith Street Houston, TX 77002 713-345-3335 brandon.cavazos@enron.com -----Original Message----- From: Blair, Greg Sent: Monday, November 05, 2001 1:54 PM To: Cavazos, Brandon Subject: Con-Ed - Lakewood New Jersey Synthetic Peaker Brandon: Got another one!!! What: 350-500MW Peaker Where: Lakewood, NJ (in PJM, about 40-50 miles south of NYC, off the Garden State Parkway - Look on a road atlas to get the location right for LMP pricing) Heat Rate: 10,900 VOM: Price it two ways ($1.50/MWh and $3.00/MWh) Gas: Transco Zone 6 - Non New York Avail: 5x16, year round, day ahead dispatch w/ 8 hour minimums. Start Date: June '02 Term: 3 years (show me 4 years also, please) Call me if you have questions. Thanks much.
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