Enron Mail

From:kourtney.nelson@enron.com
To:chris.stokley@enron.com
Subject:FERC order
Cc:
Bcc:
Date:Wed, 20 Jun 2001 09:31:19 -0700 (PDT)

Hey, just wanted to clarify the capping in the new order--

--During non-emergency hours, the region-wide cap is at 85% of the highest price bid during the last Stage 1 emergency.

--During emergency hours, the price mitigation rules are the same--based on the operating costs of the least-efficient generator

Good to chat with you this morning, I hope that things start to look up soon! I'll keep my fingers crossed.