Re:

will do.

Steven J Kean
01/31/2001 05:50 PM

To: Linda Robertson/NA/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, David
Parquet/SF/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Susan J Mara/NA/Enron@ENRON
cc:
Subject:

Thanks to everyone for their work on the Senate hearing. There are a couple
of follow-up items:

Thanks to the Portland and Washington teams, Sen Wyden is very interested in
identifying the kind of information we need from the ISO (and PX to the
extent it's still relevant) to make the market work better. We have written
this up before, I think we just need to put it in letter form. Alan --
please take the lead on this and get a draft to Linda. I think we should
identify the information and also prepare a letter for the Chairman (?) that
could be sent to the FERC.
Murkowski (the Committee Chairman) asked for an itemized list of things the
fed should do to expedite siting as well as anything else we feel is
necessary to address the California crisis. We have identified the need for
open access across the nation, but he is looking for what can be done in the
2-4 month time frame. Dave, I think your memo to me is a good start. Sue --
could you please put those and any other suggestions in letter form and get
them to Linda?
Finally, Sen Feinstein asked all of the witnesses to ask their CEOs not to
"price gouge" -- yes, that's what she said. She appealed to everyone's
community spirit and asked suppliers to forbear charging high prices while
California struggles to fix its problems. I think we should send a response
from Ken. Jeff -- please take a cut and get to Linda. I think the basic
messages should be: we are actively working on solutions with California
policymakers (forward contracting was our idea after all); we are actively
pursuing demand reduction in the state, etc. We should also explain the
nature of our business and pick up on some of the other solutions we
identified in the written testimony, offer to meet to discuss further, etc.