Enron Mail

From:stuart@friedwire.com
To:holden.salisbury@enron.com
Subject:Checking in...
Cc:
Bcc:
Date:Tue, 14 Aug 2001 07:10:36 -0700 (PDT)

Holden,=20
=20
My name is Stuart Wright and I am the Director of Marketing and Sales for F=
riedWire Inc. I check our use log everyday and throughout the day and not=
ice that you are always among the most intensive users of our Traffic Repor=
t System. I am very thankful for this and was wondering if you could tell =
me what you do at Enron and (since you are such a great user) if you have i=
deas for enhancing the Traffic Report? We would value your feedback highly=
. =20
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We are building two new tools that you should be aware of. One is a greatl=
y expanded version of the Traffic Report that will contain the real-time pr=
icing and news from a major provider of this information. We will be annou=
ncing more on this shortly and plan to deliver the new version in September=
. Additionally, FriedWire is building a PJM information module similar to =
the California tab now contained in the Traffic Report, which presents regi=
on-specific information; in the case of PJM, mostly the LMP and FTR informa=
tion. Following PJM, we will be developing similar detailed regional module=
s for NY/NE and ERCOT (in order). A very rough draft of the information co=
ntent in the PJM Module is outlined here in the attached PowerPoint file. =
Some of the features you see may not be available in the very first release=
, but we'd love to hear your opinion on what features would be most useful.=
We debated internally over whether or not our first independently releas=
ed PowerSurge product should cover PJM or some other region. We chose PJM =
despite the fact that the PJM ISO already does a decent job of presenting/s=
haring market information and because PJM is such a liquid trading region a=
mong many of our existing clients. Our goal, however is to build a product=
that is so much more powerful than the PJM information interfaces (such as=
eData) that in selling the product we never get asked the question "why sh=
ould I buy this when I can get eData for free?" That means a fair bit of w=
ork, but it's also the kind of work that we're good at: charting, geographi=
c displays, interface design, e-mail and wireless paging notification, and =
integrating various data sources. Some of the areas we think will be valua=
ble and set us apart from eData are
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} Combining real-time and day-ahead LMP data with the public FTR d=
ata to provide a real-time estimate of FTR value
} Easy interface for querying FTR data for the sake of competitive=
intelligence in the primary and secondary FTR markets
} LMP charts and maps
} Eastern Interconnect frequency monitoring
} Histogram displays of historical and real-time load and LMP data
} Mapping of planned and unplanned transmission constraints
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FriedWire would be especially interested in knowing Enron's interest in the=
FTR features. In fact, if you have a PJM expert that would be willing to =
talk to our lead product developer, we would be grateful. We know that PJM=
does very little with their display of the FTR information and we know tha=
t there is a lot of competitive intelligence to be gained from it, but we'r=
e not sure how many traders are interested in FTRs. Our understanding is t=
hat there's not a lot of liquidity in the FTR markets and therefore, there =
may not be lots of money to be made/saved there. We also are going back an=
d forth about how to market and sell the PJM data. Whether we integrate it=
straight into the Traffic Report or make it the first of a series of regio=
nal intelligence modules in a larger product called "PowerSurge" is current=
ly unknown. Also, the pricing for the product is not yet determined.
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Take Care,=20
=20
Stuart Wright