Enron Mail

From:larry.izzo@enron.com
To:
Subject:Robert Hatchett
Cc:
Bcc:
Date:Thu, 31 Aug 2000 11:57:00 -0700 (PDT)

Ken, at your request, my staff and I met with Robert Hatchett and his team.
They offered Enron an opportunity to invest in a patented method of
generating electricity by converting methane to hydrogen and burning hydrogen
in a high efficiency turbine. This patent represents an idea, without any
exhaustive quantitative analysis or research and without any prototype
demonstrated in the field or a lab.

We politely told Mr. Hatchett that we would review his proposal and get back
to him.

Subsequently, we conveyed to Mr. Hatchett that a) methane consumption rate
for an integrated facility based on the subject patent is higher than the
conventional plant efficiency b) the result in fuel cost is higher c) the
overall Co2 emissions are probably higher d) there is no economical or
technical justification to support an investment of Enron funds.

We informed Bob Hatchett that we would recommend to Enron that Enron not
invest in the development of this effort. While we invited Mr. Hatchett to
respond back to us regarding our analysis, I see no further action required
by us at this time.

Please let me know if you want us to draft anything from you to Mr. Hatchett
regarding this subject.

LI39200