Enron Response to October 15 RTO Filings

In preparation for the upcoming filings from different RTOs around the
country to meet the FERC Order 2000 October 15 deadline, I'd like to outline
a set of steps that we need to undertake to respond appropriately. Comments
are appreciated.

A few people met with FERC last Friday to discuss our general observations
and what a good RTO will look like (please see attached file below).

Not all RTOs intend to file on October 15. The filing RTOs (from what I can
tell) include the following: (1) RTO West, (2) Desert Star, (3) SPP, (4)
Entergy, (5) Southern Transco, (6) Grid South, and (7) Florida RTO. (SPP and
Entergy may file together)

1. Immediate Public Response

It is critical to make sure that we have a list of key issues with each RTO
filing that we can use to make public statements. Each RTO lead should
prepare preliminary list of issues and send to Joe Hartsoe and me no later
than Friday. When the RTO filing is made, we need to review this list and
compare to the actual filings and finalize. This information will go into
building our public message.

Our initial response will be public (through the trade press). This will
include making specific comments about each RTO.

Right now we are focusing on (1) failed efforts and (2) insufficient work as
the key problems. Any details or other topics should be considered.

2. Formal Response to October 15 Filing

Dan Watkiss of B&P will be reviewing the formal filings for details. Joe
Hartsoe will coordinate our FERC filings due on November 15. We need these
done by early November to run them through the commercial side. Each RTO
lead should schedule some time in DC the week of Oct 24 with Joe Hartsoe to
make sure that our filings are on-track and complete.

We should file in each RTO case.

3. E-trans Response

Jeff Brown continues to work to build our model. No formal plan to roll this
out has been yet developed. We are working to have something ready by
December 1.

4. Northeast Tight Pool Response

I would like Steve Montovano to take the lead to structure our response. We
heard at FERC that PJM was considering filing pretty soon (next week). We
need to get our story straight to take this to a pre-filing meeting at FERC.