Enron Mail

From:steven.kean@enron.com
To:james.steffes@enron.com
Subject:Re: PJM Stip
Cc:joe.hartsoe@enron.com, richard.shapiro@enron.com, sarah.novosel@enron.com
Bcc:joe.hartsoe@enron.com, richard.shapiro@enron.com, sarah.novosel@enron.com
Date:Sun, 18 Mar 2001 11:38:00 -0800 (PST)

Can we also get something in the stip that limits the market making activity
or at least promises a reexamination of the scope of the market making
activity after some period of time. Also, can we strengthen the language to
give us something beyond simply a right to file -- which is a right we have
anyway.



James D Steffes
03/16/2001 03:34 PM

To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron
cc: Joe Hartsoe/Corp/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON
Subject: PJM Stip


Attached is the proposed Stip to allow PJM to move forward as an RTO.

In the Stip, we argue that PJM should be approved by FERC but condition our
acceptance on a FERC process to unify the Northeast markets.

My only comment is to delete the final WHEREAS paragraph on congestion
management.

While our ability to later stop PJM from being an RTO is limited, I believe
that this gives us the ability to drive a consolidation of the Northeast
markets - which is one of the goals of the East Power desk.

In addition, I think that the overall direction of PJM in commercializing its
software is a good activity for our interest - even if we don't want
everything in their package.

Sarah is out until Monday when we need to get back with PJM.

Jim

----- Forwarded by James D Steffes/NA/Enron on 03/16/2001 03:24 PM -----

Sarah Novosel
03/16/2001 11:33 AM

To: James D Steffes/NA/Enron@Enron
cc:
Subject: PJM Stip




Here's Craig's address:

glazec@pjm.com,