Enron Mail

From:steven.kean@enron.com
To:christi.nicolay@enron.com
Subject:Re: Hub and Spoke footnote for HQ
Cc:asettanni@bracepatt.com, james.steffes@enron.com, joe.hartsoe@enron.com,richard.shapiro@enron.com
Bcc:asettanni@bracepatt.com, james.steffes@enron.com, joe.hartsoe@enron.com,richard.shapiro@enron.com
Date:Mon, 4 Dec 2000 23:41:00 -0800 (PST)

In the first sentence could we say "transmission owning market participant".



Christi L Nicolay@ECT
12/04/2000 05:52 PM

To: "Andrea Settanni" <asettanni@bracepatt.com< @ ENRON, Steven J
Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON
cc:
Subject: Hub and Spoke footnote for HQ

See my changes included in footnote below.



"Andrea Settanni" <asettanni@bracepatt.com< on 12/04/2000 04:09:00 PM
To: <christi.l.nicolay@enron.com<
cc:

Subject: Christi- this is how I changed the footnote. Is it ok? Let me know
before I fax it.


Christi- this is how I changed the footnote. Is it ok? Let me know before
I fax it.

The "Hub & Spoke" analysis is an appropriate method for determining the
ability of a market participant to exercise market power in transmission.
Market based rate applications for transmission-owning utilities merit the
same level of scrutiny as that given to merger applications, i.e., a
competitive screening analysis followed by a more detailed behavioral
analysis whenever the screen reveals potential market power. Modernizing
this type of market power analysis required with market based rate
applications is of equal importance to that of improving the analysis for
merger applications, as recognized by the Commission in its recent Filing
Requirements Rulemaking, Order No. 642, Revised Filing Requirements Under
Part 33 of the Commission's Regulations, 93 F.E.R.C. ? 61,164, 65 Fed. Reg.
70,983 (Nov. 28, 2000); see also Sithe Edgar L.L.C., 93 F.E.R.C. ? 61,193
(2000) (Massey, Comm'r, concurring).