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Enron Mail |
FYI. Here is an update from the EES meeting this morning with action items.
Jim ----- Forwarded by James D Steffes/NA/Enron on 03/01/2001 10:46 AM ----- David W Delainey@EES 03/01/2001 10:37 AM To: Marty Sunde/HOU/EES@EES, Don Black/HOU/EES@EES, Dan Leff/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES, James D Steffes/NA/Enron@Enron, Jeremy Blachman/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Scott Gahn/HOU/EES@EES cc: Subject: California Action Items Guys, a quick follow up on action items: CALIFORNIA: a) UC/CSU - send notice of default to them to start the clock ticking on the mediation and arbitration this will also give us time to complete the remaining transfer of the existing accounts on SCE - MS/VS - ASAP; b) '02 California positions - need update from regulatory giving us a view of the following: - possible market structure (ie) probability of direct access or forced direct access for our customers where we would be required to deliver market priced power to fulfull our requirements in a post AB 1890 world?; - JS - ASAP - if it is likely that these customers will be left on tariff because of a lack of direct access or that we can elect to leave them on a tariff what are the likely tariff structures ( and their components) to replace AB 1890?; - JS - ASAP - given above what are the likely tariff increases expected; - JS - ASAP - and what are we currently doing to perfect our lien (regulatory) and ultimately legally on the collection of the negative CTC from the utilities - JS/VS - next week. Ultimately, we want to make a call on what we do with these MWhrs early next week. c) position reports - need a full WSCC energy, scalar, capacity, physical/financial, "index", load shape exposures etc position reports on a go forward basis - JD/DB - ASAP d) "pass through" risk - due diligence on the basis and other risks associated with these index or pass through deals; - JD/DB - next week e) risk matrix - document percieved risk/return matrix (market, regulatory, credit, etc) for continuing to deliver fixed price physical or financial power commodity products through bundled & commodity deals or blend and extend for existing D-DASRed PGE and SCE customers. This will provide us the pricing, structure and profitability parameters necessary to continue to take certain defined risk - SG/DB - next week. f) deal pipeline - full listing of volumes, possible pricing structure and timing for future bundled, commodity and "blend and extends for D-DASRed customers" in the deal pipeline for California - JB/SG/MS for Melvin and others - ASAP NEW YORK: a) position reports - need a full NYC energy, scalar, capacity, physical/financial, "index", load shape exposures etc position reports on a go forward basis - JD/DB - ASAP; b) regulatory and political framework - comprehensive review of issues, challenges et al in the emerging crisis debate in NYC - JS - next week; c) risk matrix - document percieved risk/return matrix (market, regulatory, credit, etc) for continuing to deliver fixed price physical or financial power commodity products through bundled & commodity deals for NY customers. This will provide us the pricing, structure and profitability parameters necessary to continue to take certain defined risk - SG/DB - next week; d) deal pipeline - full listing of volumes, possible pricing structure and timing for future bundled and commodity deals in the deal pipeline for NY - JB/SG/MS for Melvin and others - ASAP FLORIDA: a)position reports - need a full Florida energy, scalar, capacity, physical/financial, "index", load shape exposures etc position reports on a go forward basis - JD/DB - ASAP; b) deal pipeline - full listing of volumes, possible pricing structure and timing for future bundled and commodity deals in the deal pipeline for Florida - JB/SG/MS for Melvin and others - ASAP. Regards Delainey
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