Enron Mail

From:rubena.buerger@enron.com
To:
Subject:Argentina Retail Unbundling
Cc:
Bcc:
Date:Mon, 13 Dec 1999 00:30:00 -0800 (PST)

From Jane Wilson.
Rubena

---------------------- Forwarded by Rubena Buerger/ENRON_DEVELOPMENT on
12/13/99 08:29 AM ---------------------------


Jane Wilson
12/12/99 05:54 AM
To: Rubena Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Argentina Retail Unbundling

Could you forward to Steve Kean and Rick Shapiro. Doing it remotely gets
them returned.
---------------------- Forwarded by Jane Wilson/ENRON_DEVELOPMENT on 12/12/99
05:54 AM ---------------------------


Jane Wilson
12/12/99 05:42 AM
To: Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Guillermo Canovas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike G
Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Terence H
Thorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J Kean@EES, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Donna
Bily/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard Shapiro@EES

Subject: Argentina Retail Unbundling

I've been thinking about Michael Guerreiro's desire to push retail
unbundling, particularly for gas, in Argentina. As we know, Michael had
experience in the Atlanta area on retail unbundling prior to joining Enron;
therefore, he knows what he is after and asserts (correctly) that the
attainment of retail unbndling is critical for his success as new head of the
Argentina trading office -- without it, Enron cannot be successful. It is
important for us to accommodate Michael's sense of urgency; however, to
blindly act, make filings and lobby without having thought through the issues
would not be in Enron's best interest. We have experience in regulatory in
Argentina and know that action without forethought is not a wise course of
action.

As an initial thought, I would suggest that the US retail unbundling
experience is not 100% transferrable to Argentina and that Enron should
carefully construct a phased approach that is adapted to the Argentina
political and regulatory realities. To do this, I suggest the following:

Schedule 1-2 days in January in Houston for a strategy session. I suggest
Houston over Buenos Aires, only because of the inclusion of so many of the
people who are not Southern Cone related. We could try for Southern Cone if
that is your preference, but I am concerned about the likelihood of getting
all the below-named individuals to travel internationally.

A. The first day would be the construction of the regulatory overview of
retail unbundling, the final product being a matrix of what the process
entails and what the major issues are and generally how these issues are
being managed in the United States. I would involve the following people in
this session:

Mike Smith
Guillermo Canovas
Jose Bestard
Jane Wilson
Robert Neustaedter
Harry Kingerski
Pat Keene
Michael Guerreiro?
Roberto Pensotti?

Pat Keene and Robert Neustaedter to take the lead on constructing a
presentation. Harry is a Sr. Director for Steve Kean in detailed rates and
tariffs issues. I hired him as my director at EES. He is a regulatory whiz,
although his emphasis is power. I also hired Pat Keene who is a regulatory
gas distribution guru from New Mexico. He now works for Harry in Steve
Kean's group. [Jose, to the end of the construction of the working group,
perhaps Pat Keene could be permanent with Harry brought in on a consultative
basis periodically.]

B. Day two would be a sharing of experience in Georgia (Atlanta), New York,
and the UK, followed by the construction of actual Argentine strategy with a
timeline. The point here would be to learn how the facts of the specific
fact situation in Georgia, New York, UK and FERC affected the outcomes of the
general retail unbundling issues. This will make it easier to anticipate
what will happen in Argentina. The guests would be:

Kathleen Magruder -- Atlanta
Lisa Polk -- EES, worked on the details in Atlanta
Steve Montovano -- Brooklyn Union
Joe Hartsoe -- Washington FERC VP
Someone (Philip Davies or Doug Wood -- cannot remember which is gas?) from
Mark Schroeder's group.
The attendees on Day One

This is a tall order for one day; perhaps we could prepare well in advance on
Day One to cut time and start Day Two in the afternoon of Day One?

[Jose, the UK person should be on the working group. Perhaps you should
think about two working groups, one Argentina, one Brazil, with alternates
for gas and electric?]

My suggestion is that Houston Regulatory would pull together this strategy
session for Argentina and assist with drafting the actual initial filings or
comments on an input basis. The Southern Cone group would then take over to
get it done, you consulting the working group on an ongoing basis as things
develop.

I'm going to India for a week Monday. However, I download on a regular
basis; but, because of time differences, my response will be a day later than
you think it should be, assuming I have no trouble with e:mail.