Re: Market-Based Storage

Glad to help--concocting market based rates for storage facilities that
probably don't deserve them is one of the few things I know how to do. DF

Shelley Corman
04/20/2000 12:32 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Market-Based Storage

ENA is pursuing a gas storage project. One assumption of their project
development is the ability to attain market-based pricing for the facility.
Tom Shelton called looking for a primer on how to apply for market-based
rates. I gave him the 10,000 ft story of how any regulated entity can apply
for market-based rates under the Alternatives to Traditional Ratemaking
policy statement, but that to date only storage facilities have been
successful in willing market-based rate treatment. I think his client is
looking for more of a procedural look at what needs to be done. Do you care
if I send them a copy of the market-based storage testimony from the last
NNG rate case? Sorry, but I mentioned that you forged market based storage
services for Market Hub Partners in your former life. So, don't be surprised
if you hear from Tom Shelton or his client John Allario.