|
|
Enron Mail |
Oops. My computer sent the message before I was finished. I continue to hope
that there is more opportunity than risk in this for us. Price volatility is in the news like never before and our main product is price risk management. I know that the inquiries are up, I hope EES and ENA can get some sales out of it. More utilities have been approaching TNPC, EES and ENA about taking over their merchant functions. On the policy side, we are working the issue on both a state and federal level. Whether this country does anything meaningful to deal with the current crisis comes donw to one person ... Linda Breathitt. Ken Lay spoke with Secy Richardson and Sen Schumer about proposing rulemaking initiatives to FERC. We are working the RTO process hard elsewhere in the country and coming up with messages to arm our remaining allies around the country. THis is the biggest time for us on this issue since the very beginnings in California and New Hampshire. In the current panic, however, we will be decimated if we are associated only with a move to keep price caps from going into effect (I saw your message to Mona). I am going to read the comments next, but I start off thinking we need to avoid running headlong into the price cap movement; we may be better off trying to co-opt the movement to get broader reform. Hang in there. Susan J Mara 08/11/2000 11:56 AM To: Steven J Kean/HOU/EES@EES cc: Subject: CA Price caps I heard you've been raising a ruckus about our activities on the price caps -- asking us to do more. Thanks. I feel as if I have been a voice in the wilderness for the past six months when I was trying to get people to pay attention to the bad things happening in CA and warning that the problems (mainly a threat of reregulation) will spread elsewhere.
|