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Cc: steven.kean@enron.com
Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: steven.kean@enron.com X-From: Miyung Buster X-To: Joe Hartsoe@ENRON, Sandra McCubbin@EES, Susan Mara@EES, Paul Kaufman@ECT, Karen Denne@ENRON, Jeff Dasovich@EES, Mark Palmer@ENRON, James D Steffes@EES, Richard Shapiro@EES, Elizabeth Linnell@EES, Jeannie Mandelker@ECT, filuntz@aol.com, Mark Schroeder@ECT, Peter Styles@ECT, Liz@luntz.com, Mona L Petrochko@EES, Peggy Mahoney@EES, Nicholas O'Day, Mike Dahlke, Rob Bradley@ENRON, Shelley Corman@ENRON, Jennifer Rudolph X-cc: Steven J Kean X-bcc: X-Folder: \Steven_Kean_June2001_4\Notes Folders\Discussion threads X-Origin: KEAN-S X-FileName: skean.nsf Calif EOB Official Says ISO, PX `Don't Get It' 09/21/2000 Dow Jones Energy Service (Copyright © 2000, Dow Jones&Company, Inc.) LOS ANGELES -(Dow Jones)- The executive director of California's Electricity Oversight Board stressed to the state's Power Exchange and Independent System Operator to provide detailed information to the state agency before making changes to their market structure. In an e-mail obtained by Dow Jones Newswires and sent Monday to ISO and CalPX officials, EOB executive director Gary Heath wrote he was unaware that the ISO had engaged in a new "seasonal super peak day of market" to purchase forward power Tuesday from Santa Clara-based Automated Power Exchange. The CalPX and APX have developed a proposal that would allow its customers to power in hour blocks directly to the ISO weekdays. The ISO had filed with federal regulators last week seeking authority to make such purchases, but apparently the Electricity Oversight Board was left in the dark. "No one seems to get it," reads the email written by Heath and sent to ISO and PX officials. "No more surprises from the ISO, PX, etc. This is not the time to change any procedures without notice to the EOB... you file with the (Federal Energy Regulatory Commission) seeking approval of the ISO's ability to buy in forwards and you have no sense to run this by the state before you file..." "We are in troubling times," Heath's e-mail states. "Both corporations must begin to realize that what was created by the state can be undone." Neither of the parties mentioned in the e-mail would comment on the issues. The ISO and PX are currently the target of a state audit spearheaded by state Sen. Steve Peace, D-El Cajon, who believes merging the two corporations will help California's troubled deregulated market work better for consumers. Sen. Peace, in past interviews, has threatened to dismantle the current ISO structure and have the EOB control the ISO markets. Heath also wrote his board was upset that the federal Bonneville Power Administration has managed to save California from rolling blackouts, referred to as a stage three emergency, "at the last minute." "I've got the administration on my butt wanting to know what's going on with BPA and we can't get a straight answer from the ISO... no more BS from the ISO," the e-mail states. Furthermore, Heath stated the ISO must run any proposed changes or additions to its market structure before the EOB before filing with federal regulators as well as providing the EOB information on power plant outages. "When we ask for information on outages... I expect the ISO to fully disclose to us," the e-mail says. "The ISO&PX are quick to make market rule changes but are too reluctant to make changes in your disclosure of information/data to the state." -By Jason Leopold; Dow Jones Newswires; 323-658-3874; jason.leopold@dowjones.com Folder Name: Utilities, Electric: Retail Wheeling Relevance Score on Scale of 100: 56 ______________________________________________________________________ To review or revise your folder, visit Dow Jones CustomClips or contact Dow Jones Customer Service by e-mail at custom.news@bis.dowjones.com or by phone at 800-369-7466. (Outside the U.S. and Canada, call 609-452-1511 or contact your local sales representative.) ______________________________________________________________________ Copyright © 2000 Dow Jones & Company, Inc. All Rights Reserved
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