input stringlengths 93 39k | output stringlengths 1 117 |
|---|---|
Holnam has just terminated their contract and Luzenac terminated earlier this month.
Starting Feb.1, we should be delivering to Ash Grove Cement and LP.
We are currently delivering to LP, and Ash grove suspended for the entire month of Jan. Let me know if you have any questions.
Thanks.
| Montana Update |
Houston has requested we sit down with them on the phone and go over all the in-the-money contracts we have.
By their count we have about 50.
They want to account for each and understand why we may not be delivering on them.
Ed Baughman will be sending his master list in advance of a 11:30 call in Mt.
Bachelor.
Please send at least one representative from each of the regional desks to discuss the list.
Thanks,
| Conference Call with Houston |
Here's the update on our Montana customers.
Let me know if you have any questions.
Ash Grove: They are still under contract suspension, and are planning on suspending until the end of the month.
Plan on delivering power starting Feb. 1.
Holnam: We should be continuing to try to schedule, they will refuse thru Jan., so we should be invoicing accordingly.
They will start accepting the schedule for Feb. 1 delivery.
Luzenac: They have terminated their contract as of 1/9/02.
So do not deliver power to them.
LP: Schedule as usual.
They are looking at buyout of their contracts, but in the meantime, they want power delivered.
| Montana Update |
Sean, Assuming UBSWenergy goes live on Monday, are there any financial products for West Power we need to have ready?
I currently have a few PALVE fin swaps under the US West Power Fin Swap product type.
Please call Kevin or myself should you need anything created.
Thanks,
| UBS products |
Please plan to attend a meeting today at 1 PM to discuss our strategy for lining up transmission and commodity agreements for Newco.
The meeting will be held in the Mt.
Hood conference room.
| Transmission Service Agreement Meeting |
Donald, I've basically just taken the paths apart that were scheduled for the 2nd and moved them down.
The only new thing is airproducts comes back into play on Thursday, a flat 6 mw.
at the midc.
Sean has been adjusting the california stuff daily, and maybe moving more midc to cob or visa versa to avoid so much going to cali in case of congestion.
If you have any questions, or if things get crazy, please don't hesitate to call me, I can come in if needed.
Otherwise, I'll plan on seeing you on the 7th.
| MIDCO-COB-MONT |
Steve, Following up on our conversations today, attached is a draft fact sheet and our contract with PGE for 180 MW of capacity on the Intertie.
Because the contract is in the money both today and on an expected future basis, Belden and Calger recommend continued demand-charge payments to retain the contract's value to the estate.
Based on my reading, the contract is assignable either to a third party or Netco.
If we default, the capacity would revert to PGE and PGE would sell it at a maximum of its tariffed rate, which is what EPMI pays today.
| PGE Tranny Contract |
I am told that ISO disbursed to participants the CERS monies it received last week for trade month Februrary '01 for approx.
$404 million.
Every week another month is supposed to be processed but I beleive Feb was the biggest month.
Alan
| ISO Disbursed $404 million this morning |
Hello, Everyone - This notice confirms the review session next week on December 19, 2001, at the Kingstad Conference Center first floor meeting room.
The Kingstad Conference Center is located at 5933 NE Win Sivers Drive, about three miles east of the Portland Airport.
The meeting will begin at 8:30 a.m. and end by 12:30 p.m.
The purpose of the meeting is to "walk through" preliminary rough drafts of write-ups on Congestion Management, Pricing, and Facilities Inclusion.
We are presenting these preliminary rough drafts together because of the interest expressed at the last RRG meeting to see how these interrelated concepts work together.
We are not planning to walk through the drafts on Planning and Market Monitoring because they have been extensively discussed at previous RRG and Content Group meetings.
But we will be prepared to discuss any questions about them.
The preliminary rough drafts on all of these subjects will be posted on the RTO West website - www.rtowest.org - before the meeting, and we will send a notice to you when they are available on the website.
Because this review meeting is open to members of the various content groups as well as the RRG, I will send this notice to several exploder lists.
Therefore, some of you who are on multiple lists will get duplicative copies of this notice.
Please feel free to vent your annoyance with me about this at the December 19 meeting.
We'll also provide a schedule for completing work on the March 1 filing to FERC at the December 19 meeting.
We look forward to seeing you next week on December 19.
- Bud
| Notice of December 19 Review Session on Stage 2 Write-ups |
As stated in our November 16 issue of The Prometheus File, Reed Wasden Research will be sending our daily publication and morning notes for a 45-day trial period.
Included is our daily update and notes on companies that RWR follows.
For those who do not wish to receive the daily updates, please reply with WEEKLY ONLY as the subject.
Please allow one day for your request to be processed.
Best regards,
| Reed Wasden Research - Daily Update 12/06/01 |
You have received this message because someone has attempted to send you an e-mail from outside of Enron with an attachment type that Enron does not allow into our messaging environment.
Your e-mail has been quarantined and is being held at the MailSweeper server.
Sender: BBuffenbarger@caiso.com
| An Inbound Message For You Has Been Quarantined |
Hello, Everyone - RTO West will hold two days of meetings Monday, February 11, and Tuesday, February 12, 2002 to review, discuss and seek consensus on the draft filing that RTO West is preparing to submit to FERC by March 1.
These sessions are part of a broader consensus seeking activity with stakeholders, the Congressional delegation, and all parties interested in RTO West.
The meetings will afford an opportunity to Regional Representatives to prioritize and explain their key issues to the RTO West principals.
The meetings will be Monday, February 11, from 8:30 a.m. until 5:00 p.m. and Tuesday, February 12, from 8:30 a.m. until 4:00 p.m. at the Shilo Inn located at 11707 NE Airport Way.
The Shilo Inn is about 2-3 miles east of the Portland Airport and east of I-205.
From I-205 take exit 24 from the north or exit 24B from the south.
If you need overnight accommodations, the Shilo Inn phone number is 503-252-7500.
The draft filing will be posted by February 6.
We will notify you when it is on the RTO West website.
We will also be sending you an agenda for the sessions with structured time slots for input on specific elements of the draft filing.
During the afternoon session on February 12, preliminary Benefit Cost Study results will be presented for discussion.
The working agenda is as follows: On February 11 - draft preliminary Filing Letter, - current draft of Transmission Operation Agreement (TOA), and - revised draft of Congestion Management proposal.
On February 12 - revised draft of Pricing proposal, - draft Ancillary Services proposal, - revised draft of Planning and Expansion proposal, - revised draft of Market Monitoring proposal, - proposed draft of Insurance, Indemnity and Limitation of Liability Agreement, - revised drafts of Scheduling Coordination and Paying Agent Agreement, and - preliminary results of the Benefit Cost Study.
Again, you can expect a more detailed agenda for the meetings and a notice that the draft filing is posted by February 6.
Thank you,
| RTO West RRG Days Meetings 2/11 and 2/12 |
Yesterday we lost several of our valuable employees.
We appreciate their individual contributions and wish them the best.
They will be missed.
URM Group David Porter David Frost San Francisco Office Ibrahim Qureishi Michael Wong Victor Browner Edith Turnipseed Technical Analysis Group Walter Coffer Larry Soderquist Mark Mullen Mark Fillinger IT Development Team Lei Chen Susmitha Nalluri Legal Team Steve McCarrel Eric Merten IT Support Team Darryl Miles Gov't Affairs Team Kara Ausenhus Jennifer Tomei Risk Assessment & Control Minal Dalia Please let me know if you have any questions.
Julie Kearney
| Lost Comrades |
Diana and Sean: Up to 11/26/01, 1. we are missing the annuities for 11/7, 11/18, 11/19, 11/22, 11/23, and 11/24 2. we need to restore HE23-24 for deal# 517676.1 for 11/2/01 (lightload sale in NP15) in scheduling Please let me know if you need any help entering the annuities or restoring the HE23-HE24 scheduling (for 11/2/01 for deal 517676.1).
As the month-end is approaching, I am hoping we can clear the above issues up before Settlements captures the wrong P&L.
Thanks,
| NCPA deal review |
You have been invited to partake in the Real Time Appreciation Party.
It will take place THIS Friday 11/30, 7pm-12am at the McMenamins Edgefield (Power Station - Annex).
Food and Beverages will be served.
You can find more details for this party in your mail slot where your invitation is waiting.
Directions on back of invite.
If you have any questions regarding details please feel free to e-mail me.
Thank you,
| Invite - Please RSVP by e-mail to me by Wednesday 11/28! |
Well, it's over.
My mom passed away last night at 12:30 after a year long battle with pancreatic cancer.
I was in Texas with her for the past 5 days taking care of her and spending time with her.
The funeral should be Thursday in Texas and then the burial will be in Oklahoma on Saturday.
Thank you all so much for your prayers, your support, sending Mom cards, driving me to the airport and doing whatever you could do for my family and me.
I couldn't have been so strong throughout this year if it weren't for the wonderful support of my friends.
I love you all.
Rebecca
| Mom |
This is an email to let you know that the November 2001 release is available for download on www.rdionline.com.
If you do want to receive this email, please reply with unsubscribe in the subject line.
Thank you,
| NEWGen November 2001 Release |
Great Lakes representative, Martin Wilde, is stopping by tomorrow @ 3:00.
I have set up this time to discuss with him his operations and present to him any questions we have.
Please let me know if you can attend.
Thanks
| Great Lakes representative |
The National Energy Board has approved the TCPL 2001-2002 Settlement agreement in its entirety.
The link to the Reasons for Decision (RH-1-2001)is attached below.
Highlights - No change to current tolls pending final decision on Fair Return Hearing expected in late spring or summer, say June or July 2002 - AOS and FT Makeup Credits to IT Service to start effective Jan 1/02.
- IT Floor floats monthly between 80-120% of FT depending on AECO MI and seasonal marginal fuel rate (at current prices expected to remain at 80%) - NEB expected to review Settlement Guidelines in near future (potentially opening door in future to FERC style negotiated tolls) Dianne Ripley (403-974-6913) is responsible for implementing AOS and FT Makeup for Enron Canada.
She and I can both answer questions about how it works.
| NEB Approves TCPL Settlement |
These over the counter prices are best viewed with a fixed width font such as Lucida Console or Courier New.
SPORT SHOTGUN - 12 Gauge 3" ....................................... Money Charge SKU # Barrel Stock Order Card ....................................... 10610 28" 2 Ribs Walnut 1086.00 1140.00 * 10615 26" 2 Ribs Walnut 1086.00 1140.00 SPORT Accessories ........................................ SKU # Item Charge ........................................ 80097 Stepped Rib for 26" Barrel 95.95 80098 Stepped Rib for 28" Barrel 95.95 80099 Low Rib for 26" Barrel 95.95 80100 Low Rib for 28" Barrel 95.95 80101 Wide Trap Rib for 26" Barrel 95.95 80102 Wide Trap Rib for 28" Barrel 95.95 80126 Stock Satin Walnut 210.95 80127 Forend Satin Walnut 118.95 Federal law requires that we receive a signed copy of your local dealers federal firearms license before we can ship a firearm.
Dealers will charge you a small fee to receive a firearm for you, and to complete the necessary paperwork.
(Shop around, the fee varies from dealer to dealer, usually between $10.00 - $30.00.)
We are required to collect 8.5% New York State sales tax if the firearm is shipped to a dealer in New York.
Out-of-state sales are tax-free.
Upon receipt of your payment, including shipping and insurance, (2% of your total order, $10.00 minimum, for long guns.
To comply with UPS guide- lines, handguns are shipped Next Day Air and the cost will vary with the weight and destination,) we ship to your dealer and you pick up your purchase at his store.
| Benelli Sport 10610 |
Just a quick note about the free agent and bye week replacements for this year.
The free agent draft will be held Thursday at 1pm.
You will have until 1pm to submit your free agent requests to me at mcuilla@enron.com.
You should include who you want, who you want to drop and the amount of points you want to bid.
You can bid 0 points for a free agent however if someone bids 1 point you will lose.
In the case of a tying bid the two teams will have an open bid to determine who gets the player.
Everyone will start with 100 points and you more points based on your weekly finish (1 point for highest score and 12 points for lowest score).
| Free Agents |
I am interested in purchasing a Huglu shotgun and would like to get a price.
I am looking at the Model Au1 semi-automatic model.
Please email me with a price and approximate time til delivery (I live in Houston).
Also, please include information on any choices or extras available.
Thanks,
| Huglushotguns |
Cheryl, I was in your store on 9/23/00 and saw some Bernhardt furniture I am interested in.
It is the Paris Collection Dining Table and Chairs and the numbers are: 346-242 Table 346-244 Base 346-502 Air Chair (4) 346-501 Side Chair Also I am interested in one of the two beds in the Paris Collection: 346-435 Sleigh Bed 5-0 346-527 Metal Canopy 5-0 346-457 Poster Bed 5-0 346-416 Poster Headboard 4-6 thru 5-0 On the second bed I am not sure if you need all three pieces or not so it would help if you could tell me what is the difference between the three pieces.
Finally, I am interested in an amroire and chest of draws (there are several depending if I go with a granite top or not): 346-144 Armoire 346-237 Right Stone Top 346-236 Right Bachelor's Chest Base 346-235 Right Bachelor'e Chest 346-042 Dressing Chest 346-044 Dressing Chest Stone Top 346-043 Dressing Chest Base
| Attn: Cheryl Baldwin Re: Furniture Quote |
Dear Evening STudents, I see that Haas Computing has enabled the Terminal Server.
This should allow you access to the library's databases without going through the proxy bit.
The Terminal Server, once you have it set up (yes, there is an initial setup involved), will bring the Haas desktop with all its applications to your desktop.
You can now use all the software that is available to you in Haas Computer Lab from your home.
If it works as promised (boy, I sound jaded!
), you will really like it.
Caveat: I have not tried using the Terminal Server from off-campus yet, so I can't say with absolute assurance that the databases will in fact be available remotely as well.
To use the terminal server, you have to be using Internet Explorer version 5.0 or above and Windows 2000 and you will be directed to download and install the server's client.
If you try it and it works for you, send me an email.
I don't have Windows at home and can't test it from here myself.
Monica Singh
| Library Databases through Haas terminal server |
I wanted send you all a short note to congratulate you on the completion of the program!!!
Plus, I wanted to remind you that you have full access to the career center forever and my services for the next 6 months.
After that you can continue to use my services, although $ is involved.
The fee for alumni is $150 for three sessions.
If you are being challenged in the job market or need some perspective on getting hired, we can have an initial session for free and after that if we both decide to go further I will need to charge.
In the interest of adding value to the Haas brand, just an FYI this May I will be completing an 8 month program on Personal Performance Coaching from the Hudson Institute in Santa Barbara.
If you feel the need for fine tuning your new area of knowledge or competency and want some assistance finding or applying the fit in your career, let me know if I can help.
For those of you I have had the pleasure of working with thank you for the opportunity, it has truly been a great learning experience for me and hopefully for you as well.
Some parting thoughts: IF WE DON''T CREATE OUR OWN FUTURE, SOMEONE ELSE WILL FIT US INTO THEIRS
| December Graduates!!! |
ISC - Customer Service Survey Ticket#HD0000000704132, Password Reset : Thank you for taking the time to fill out our Customer Service Survey.
Your input is crucial to our continued efforts in establishing and providing you with World Class Support.
Please take a minute and complete the 5 question survey then submit it back to us when you are done.
Once again, thank you for your participation.
| ISC - Customer Service Survey |
Hey, Fall semester is coming to an end and Spring is in the air.
Anyway, before running off for the winter break, we'll need your transportation requests.
What I'll do this year, out of the generosity of my heart, if I don't hear from you I'll just assume you don't want to change, as opposed to you don't want any assistance.
Is that good?
Anyway, if you really need to change your transportation commitment or if you thought you asked for parking, but you didn't get any, SEND BACK THE FORM.
Hope to hear from you soon.
Have a nice month off.
Seung Lee Assistant Director Evening MBA Program Haas School of Business
| Transportation Commitment form |
Jeff, Wasn't sure who "survived" in California, glad to hear you're still on board.
Given the Enron situation, what can you tell me about coverage in California?
Will you and/or any other Enron level employees cover the CPUC and legislative proceedings?
If appropriate, should Transwestern consider contracting a lobbyist, if yes, any recommendations?
We no longer have Mark Baldwin under contract due a conflict of interest.
With the new legislative session coming up after the first of the year, I just want to be prepared for what we need to do.
Any advice is appreciated.
Thanks in advance.
Glen
| California |
Hi Evening MBA students, Textbooks and readers will be available to 1st-, 2nd- and 3rd- year students the first few weeks of classes (starting January 22) in the Evening MBA Program office: Monday-Thursday 9:00 a.m.- 9:00 p.m. Friday 9:00 a.m.-5:00 p.m..
It is possible that we may get the shipment of books the week before (January 14-18) and we'll let you know if you can pick them up early.
Thanks,
| Spring 2002 books and readers |
Jeanne, with Heather's assistance, please contact Jeff D. ASAP and get the details so that Enron (I believe the EES and EEMC entities are at issue, but I do not know for sure which one) need to file their $1000 fee and their registration update forms, as they are tardy.
They will also owe SEction 394.25 standard service plan forms and must update their deposit bond by Jan. 2, 2002.
Please help get this taken care of ASAP, Jeff considers it a priority--and needless to say does not trust me to do it correctly.
Thanks,
| Enron Registration |
Hey Winners, Here is an invite to a West Point Inn Trip on 1/5/02.
Molly's birthday is 1/7 so we will probably have a cake.
Hope you guys can make it.
Sean
| Hey Winners |
Apologies for the SPAM, but kind of fun send out one final one to everyone!
New contact info: Email: mellis@alumni.haas.org or mm_ellis@yahoo.com Website: www.geocities.com/mm_ellis Happy holidays and see you guys in May!
Cheers,
| SPAM: Contact info and website |
Dear Jeffrey: .
.
.
for startup managers these days is raising money, and we can help.
With ideas, and introductions.
And you can get both by spending just one day out of the office.
Today's funding environment is harsh -- we know that --
| The toughest job. . . . |
Dear Evening MBA Student, The Fisher Center for Information Technology and Marketplace Transformation (CITM) is offering the next Enabling eBusiness (EEB)conference on December 18, 2001.
We can accommodate a limited number of MBA students subject to space availability.
We can accommodate a limited number of Evening MBA students at a special rate of $50 (instead of the the regular fee of $300) subject to space availability.
If you would like to attend the event please e-mail your request to <mailto:citm@haas.berkeley.edu> citm@haas.berkeley.edu ASAP Include the following information: Name: Company: Your Job Title: Contact (if different than the e-mail address of your message): eBusiness/Technology related background (1 paragraph):
| Fisher CITM's eBusiness Conference next week |
Dear Haas Students, The annual Haas Staff and Faculty Holiday Party will be held on Friday, December 14, 2001 in the Bank of America Forum.
We would like to inform you about the following: ?
B of A FORUM CLOSURE: The Forum will be closed from 1:00- 6:00 p.m. for the party.
| Bank of America Forum, Friday Dec. 14th |
Happy Holidays Everyone !!!!!!!!
The career centers holiday hours will be from 8:30 am to 4:30 pm for the time period 12/17 to 1/18.
Starting the week of 1/22 we will be back on the regular schedule MTW 8:30 am to 8:15 pm, Thur.
8:30 am to 6:00 pm and Fridays 8:30 am to 4:30 pm.
| Career Center Holiday Hours |
Draft of transcribed message from Richard Sanders voice mail (Legal) to Rick Shapiro.
Rick forwarded to Jim Steffes.
FYI: "We have not seen the Reliant Protective Order.
It's only been described to me by their General Counsel.
And in the way it was described it was a document that we would probably agree to, because there's still some corks(?
and provisions over disagreements about the Confidentiality.
So, I'm gonna try to get Mike Kirby to get ahold of it this a.m. in terms of the theme to the Legislators.
The question I've got is why haven't we even been offered that same deal?
It shows clearly that they're trying to isolate us, and that they're treating us differently from everyone else., but I'm not sure how far that goes....."
| Reliant Protective Order |
Happy Holidays Everyone !!!!!!!!
The career centers holiday hours will be from 8:30 am to 4:30 pm for the time period 12/17 to 12/21 closed from 12/24 to 1/1, open 8:30 am to 4:30 pm from 1/2 to 1/18.
Starting the week of 1/22 we will be back on the regular schedule MTW 8:30 am to 8:15 pm, Thur.
8:30 am to 6:00 pm and Fridays 8:30 am to 4:30 pm.
| Career Center Holiday Hours |
Happy Holidays Everyone !!!!!!!!
The career centers holiday hours will be from 9:00 am to 4:00 pm for the time period 12/17 to 12/21 closed from 12/24 to 1/1, open 9:00 am to 4:00 pm from 1/2 to 1/18.
Starting the week of 1/22 we will be back on the regular schedule MTW 8:30 am to 8:15 pm, Thur.
8:30 am to 6:00 pm and Fridays 8:30 am to 4:30 pm.
| Hours are 9-4 during the Holiday break |
Happy Holidays Everyone !!!!!!!!
The career centers holiday hours will be from 9:00 am to 4:00 pm for the time period 12/17 to 12/21, closed from 12/24 to 1/2, open 9:00 am to 4:00 pm from 1/3 to 1/18.
Starting the week of 1/22 we will be back on the regular schedule MTW 8:30 am to 8:15 pm, Thur.
8:30 am to 6:00 pm and Fridays 8:30 am to 4:30 pm.
| final announcement about Holiday hours. |
Center for the Advancement of Energy Markets Wow!
What a year 2001 has been for the supporters of energy competition.
For every good bit of news (Pat Wood, one of our heroes at CAEM, being selected to head the Federal Energy Regulatory Commission, and the continuing progress that the Canadians - yes, the Canadians - have made towards energy competition), we have had to bear one disaster and misstep after another throughout the year.
Let's see, in December 2000, who could have predicted.. 1.
The tragic events of September 11th.
2.
The California implosion.
3.
Pennsylvania marketer retrenchment.
4.
Price volatility and high prices (but it could have been worse if Mother Nature did not help out).
5.
Bush Energy Plan ignores meaningful restructuring.
6.
Enron collapse.
7.
FERC Blinks on Super RTO.
8.
Texas missteps in pilots for opening the market.
9.
No leadership emerged to meet the crisis in restructuring.
2001 was one heck of a year - but thankfully, probably the nadir of the movement towards energy competition in North America.
As CAEM looks into our crystal ball (natural gas fired, of course) for the coming year, we see a better year.
Below are some of the predictions and responses from the CAEM staff about what we expect to occur.
The responses below are primarily concerned with electricity, but to a lesser extent, may be applied to natural gas as well.
As always, do not bet the house on what we have to say.
We are just a little think tank, kind of like the little engine that could.
And we can.
And we do.
Happy New Year!
The CAEM Staff P.S.
If you would like to add a prediction or two, please send an e-mail with your name and contact information to Hope Duncan at hduncan@caem.org We will post them to our web site - www.caem.org Please identify which question below is being addressed by your prediction.
| CAEM Predictions 2002 |
Hello Friends and Colleagues, I am excited to tell you that starting January 7, 2002, I will have a new job.
I will be the Vice President of Research Programs at the new Electricity Innovation Institute in Palo Alto, CA.
EII is a spin-off from the Electric Power Research Institute.
It's purpose is to lead public/private research collaboration for clean, efficient energy and the quality of life opportunities that electrcity-based innovation provides.
Our first two projects will deal with reliability of the electric system and integration of distributed generation into the existing distribution grid.
I have really enjoyed my time with Green Mountain Energy Company and firmly believe that customers will choose a cleaner, "greener" electricity product if given the opportunity.
However, this is a good time for me to go in a new direction.
Starting January 7, you can reach me at 650.855.2100.
My e-mail address will be rcouniha@e2i.org.
Until then, I am taking time off.
See you next year!
Rick
| My New Situation |
Center for the Advancement of Energy Markets Wow!
What a year 2001 has been for the supporters of energy competition.
For every good bit of news (Pat Wood, one of our heroes at CAEM, being selected to head the Federal Energy Regulatory Commission, and the continuing progress that the Canadians ?
yes, the Canadians ?
have made towards energy competition), we have had to bear one disaster and misstep after another throughout the year.
Let?s see, in December 2000, who could have predicted?.
1.
The tragic events of September 11th.
2.
The California implosion.
3.
Pennsylvania marketer retrenchment.
4.
Price volatility and high prices (but it could have been worse if Mother Nature did not help out).
5.
Bush Energy Plan ignores meaningful restructuring.
6.
Enron collapse.
7.
FERC Blinks on Super RTO.
8.
Texas missteps in pilots for opening the market.
9.
No leadership emerged to meet the crisis in restructuring.
2001 was one heck of a year ?
but thankfully, probably the nadir of the movement towards energy competition in North America.
As CAEM looks into our crystal ball (natural gas fired, of course) for the coming year, we see a better year.
Below are some of the predictions and responses from the CAEM staff about what we expect to occur.
The responses below are primarily concerned with electricity, but to a lesser extent, may be applied to natural gas as well.
As always, do not bet the house on what we have to say.
We are just a little think tank, kind of like the little engine that could.
And we can.
And we do.
Happy New Year!
The CAEM Staff P.S.
If you would like to add a prediction or two, please send an e-mail with your name and contact information to Hope Duncan at hduncan@caem.org We will post them to our web site ?
www.caem.org Please identify which question below is being addressed by your prediction.
CAEM PREDICTIONS IN 2002 What does Enron?s collapse mean?
1.
Markets work.
Markets quickly punish mistakes.
Little slack is given for past accomplishments.
Markets are ruthlessly impersonal.
2.
No likely short term impact on consumers, other traders will fill the space left by Enron.
Amazing that a company as large as Enron can fail and hardly cause a ripple in markets.
Testimonial to benefits of markets.
3.
May have significant impact on public policy advocacy.
Not obvious who picks up the slack.
Enron could be counted on to be there, or so it appeared.
No more free riders, we will all have to dig deeper and work harder.
Consumers may be mid to long term losers if movement toward competition collapses, which it might do if states stretch out the transition period to competition.
4.
Enron?s collapse was not caused by deregulation.
Viewed thoughtfully, it should not have any effect on deregulation movement.
Does not stand for proposition that deregulation is not the right policy.
5.
Look for more regulation and oversight of energy transactions, accounting and business practices.
A strange legacy for Enron, but a reality.
6.
As a practical matter, it is another setback for restructuring.
But not as bad as portrayed by media ?
Enron was the 600 pound gorilla that angered friends of competition almost as much as foes, thus making them less willing to step forward.
Will feed growing skepticism many have about restructuring.
7.
Enron?s global reach into wholesale and retail markets meant that its policy positions were sometimes blurred (pro-wholesale?
pro energy services?)
Other corporations will now replace Enron in public policy debates; these corporations may have a clearer focus.
8.
Still, we have lost a champion.
CAEM will miss their culture of urgency, innovation and high expectations, which led to the unbundling of the classic power contract (or paper or water, etc) into its constituent parts and offered customers choices on each one.
Enron also pioneered risk assessment and control systems.
What will be the fate of the movement towards retail energy competition in 2002?
1.
CAEM believes that the movement toward retail energy competition will continue ?
albeit much more slowly.
2.
Texas is the best model to date and will set the standard for other states in 2002 and beyond.
Why?
The best incentives are in place for large numbers of commercial and industrial consumers to competitively shop for supply.
The Texas model ties changes to the wholesale market to the retail market.
(Texas, through ERCOT, is unique in this respect.)
No price caps.
Market power of incumbents is limited.
Enlightened leadership at the Texas PUC from 1995 to 2000 (our friend, Pat Wood again ?
but we believe Commissioner Perlman is a star as well) and in the Governor?s office.
3.
Other states that have already made a decision to move forward will seek to correct deficiencies ?
Pennsylvania, New Jersey, etc.
?
or avoid past mistakes altogether ?
Virginia.
However, there will be very limited movement in these states.
4.
California will continue to suffer from a lack of imagination and poor leadership from the Governor on down.
There is a good chance that CAEM will again be awarding Governor Davis the ?Red China?
award in 2002.
5.
Californians will be reminded again that rolling blackouts are a form of ?involuntary?
conservation.
6.
Very limited movement, perhaps some experimentation or demonstration projects, in those states that have done nothing to date.
7.
Increasing effort to approximate market-like conditions, but under a regulated, cost-based system, with predictable results.
8.
Actually, beyond Texas, the best hope for significant movement towards competition is in North America is in Canada, particularly Alberta and Ontario.
Given the increasing interconnection between the U.S. and Canada, this will slowly work its way into the United States.
9.
It will be another wild ride for energy marketers in 2002.
More power to them.
What will happen on the wholesale side of the picture in 2002?
1.
CAEM believes that there will be significant strides made to increase liquidity and competition in the wholesale market for electricity.
2.
The Federal Energy Regulatory Commission will be successful, to a degree, in implementing Super RTOs (regional transmission organizations).
3.
CAEM supports the Bush Administration?s proposal to give eminent domain to FERC for the siting of new transmission lines.
However, this proposal faces tough sledding in Congress.
CAEM believes it will pass in some form ?
probably very watered down ?
out of necessity, but not out of love.
Many in Congress still believe we can conserve our way to prosperity.
4.
The Federal government and the states will make progress ?
probably embodied in a political deal ?
on greater cooperation.
This will be regional in focus.
Both sides will give significant concessions to realize this.
5.
New players will enter market as it grows, including the oil companies and more foreign-based companies.
Wildcards/ Predictions in 2002 1.
The Bush Administration will come under increasing pressure to show leadership in the area of energy restructuring.
To date, the Bush Administration has stayed on the sidelines ?
except making the right noises here and there ?
of making energy markets more competitive.
This will need to change, beginning with more funds and staff devoted to helping the states on the retail side and supporting FERC in their efforts on the wholesale side.
2.
The new Electricity Advisory Board appointed by DOE Secretary Abraham will be seen for what it is ?
a sop to campaign supporters.
Given its current make up, we expect very little to come of it.
Couldn?t they find more energy marketers, technology companies ?
anyone that is a bit more pro-competition?
3.
The Department of Energy will continue to have little impact -- if any -- on energy restructuring issues and will remain largely irrelevant to the competitive energy market.
| CAEM Predictions for 2002 |
Just a reminder when drafting any documents that refer to EES's load: there are over 17,000 meters associated with this load and any estimates of projected load are based upon incomplete data and a fair amount of guess work.
Tim Coffing has significantly improved this process; however, it is my understanding that we do not have, even at this time, a 100% accurate picture of historic usage, much less precise forecasts.
Therefore, I strongly suggest liberal use of the word approximate when referring to Enron's California load.
Thanks,
| EES load data |
Center for the Advancement of Energy Markets Wow!
What a year 2001 has been for the supporters of energy competition.
For every good bit of news (Pat Wood, one of our heroes at CAEM, being selected to head the Federal Energy Regulatory Commission, and the continuing progress that the Canadians - yes, the Canadians - have made towards energy competition), we have had to bear one disaster and misstep after another throughout the year.
Let's see, in December 2000, who could have predicted.. 1.
The tragic events of September 11th.
2.
The California implosion.
3.
Pennsylvania marketer retrenchment.
4.
Price volatility and high prices (but it could have been worse if Mother Nature did not help out).
5.
Bush Energy Plan ignores meaningful restructuring.
6.
Enron collapse.
7.
FERC Blinks on Super RTO.
8.
Texas missteps in pilots for opening the market.
9.
No leadership emerged to meet the crisis in restructuring.
2001 was one heck of a year - but thankfully, probably the nadir of the movement towards energy competition in North America.
As CAEM looks into our crystal ball (natural gas fired, of course) for the coming year, we see a better year.
Below are some of the predictions and responses from the CAEM staff about what we expect to occur.
The responses below are primarily concerned with electricity, but to a lesser extent, may be applied to natural gas as well.
As always, do not bet the house on what we have to say.
We are just a little think tank, kind of like the little engine that could.
And we can.
And we do.
Happy New Year!
The CAEM Staff P.S.
If you would like to add a prediction or two, please send an e-mail with your name and contact information to Hope Duncan at hduncan@caem.org We will post them to our web site - www.caem.org Please identify which question below is being addressed by your prediction.
| CAEM Predictions 2002 |
Folks, FERC is deliberating today on many agenda items.
Two they have approved are: 1.
Modifying the June 19 Price Mitigation Order setting the price cap at $108 until April 30, 2002, and decoupling the cap from California's reserve deficiency, and instead tying the cap to the price of natural gas (upwards, only).
2.
Denial of Requests for Rehearing (in great part) on all California Orders since last December 15 (2000), and ordering the California ISO to submit a revised congestion management plan, and a plan for establishing a day-ahead market, both plans due May 1, 2002.
Both Orders passed 3 Yea, and 1 No (MAssey, in part on the second order).
gba
| FERC Orders |
The holiday building hours for the Haas School of Business are as follows: FRIDAY 12/21: Faculty Bldg., Student Svcs.
Bldg and Cheit Hall: OPEN 6:30 a.m. 10:00 p.m. 12/22 - 1/1: Faculty Bldg., Student Svcs.
Bldg and Cheit Hall: CLOSED FOR ENERGY CURTAILMENT The Faculty and Student Svcs.
Buildings will be accessible by cardkey only.
After January 2nd: Faculty Bldg., Student Svcs.
Bldg and Cheit Hall: REGULAR HOURS Monday - Friday: 6:30 a.m. - 10:00 p.m. Saturday - 8:00 a.m. - 6:00 p.m. Sunday - 8:00 a.m. - 10:00 p.m.
Thank you,
| Winter Break Lock/Unlock Schedule |
Does everyone have access to the O Drive / Public Affairs directory?
I'd like to keep an external contact list (PUCs, Utilities, etc.)
and any material we are creating (files, documents, etc.)
in this area so the entire team has access in case someone is out for the day.
To get into this, go to MY COMPUTER, find the O Drive and then find the Public Affairs folder.
If you don't have access, please let me know.
Thanks,
| Government Affairs --- O Drive/ Public Affairs Folder Access |
Jeff - per Beth Apollo's message.
The bottom line is what CSC really needs to be able to invoice Calif power customers is the 810 EDI files from all 3 CA utitlities.
They have stopped sending 810s to us and are only providing 867's.
If we can't get the 810s going then the information provided in the attached spreadsheets needs to get to us in order to invoice.
This info could come via spreadsheet, or line item within the 867.
The business impact to Enron is that we have not been able to invoice for these customers since Dec 5 and this is a large revenue amount.
| Here it is |
Jeff or Paul: Do either of you know how far out our WPTF membership goes?
Can I tell Gary that I am Enron's WPTF contact?
Also, I see Dan Douglass is still doing advice letter summaries.
Jeff, are you Dan's liason on this?
Does he have a budget at this point?
Cheers,
| WPTF and Douglass |
I received a notice through Janet that if we don't pay $100k to California PUC by 12/26/01 our EEMC registration is suspended.
THIS MEANS THAT THE MONEY MUST BE THERE TOMORROW.
Suspension includes ceasing serving residential and small commercial (all accounts below 20kw) within 48 hours.
I think that we've already paid, but Jeff is checking.
If not, Wade please arrange payment to Howard Shyrock Energy Division - 4th Floor CPUC 505 Van Ness Avenue SF, CA 94102 Thanks.
| ESP Bond -- EEMC |
Folks- Please see attached an important memo regarding the future plans and finances of the CA Energy Solutions Group.
Thank you all for a hectic, but great, year.
:-) Happy Holidays!!
Many thanks,
| CESG 2002 Plan and Finances |
Hi Evening MBA students, The Evening MBA office will be closed for the holidays until Wednesday, January 2.
We mailed out grade letters this morning.
If you were registered in E278 Deals or E295 Entrepreneurship, those grades will be available the first week in January and we'll send out updated grade letters at that time.
Happy New Year!
Eric, Jane, Josh, Julie, Meg, Natalie, Seung & TJ
| Happy Holidays! |
President Lynch has today released the attached ACR concerning market valuation of the utilities retained assets.
As you may know, AB 1890 originally required that for those generation-related assets that the Commission determines to be transition costs and that are subject to valuation, "the valuation used for the calculation of the uneconomic portion of the net book value shall be determined not later than December 31, 2001, and shall be based on appraisal, sale, or other divestiture."
Lynch states that this requirement was changed by AB 6X and that, "I intend to recommend to my colleagues that the requirement to value generation-assets subject to valuation by December 31, 2001 has been superseded by AB 6X.
Parties shall file and serve comments addressing this issue by January 15, 2002.
Reply comments shall be filed and served by January 25, 2002."
Dan
| Lynch Ruling re Market Valuation |
Attached is a summary of several recent Edison advice letters.
Three of them may be of interest, dealing with demand reduction and self-generation, SCE service to Calpine's Pastoria plant in PG&E's service territory and changes to SCE's affiliate compliance program.
Dan
| Edison Advice Letter Summary |
In the spirit of the holiday season, SDG&E has come over from the dark side and now supports the assignability of direct access contracts!
The utility also supports the ability of existing direct access customers to indefinitely remain on direct access after their contracts expire with one ESP, permitting them either to renew with their existing supplier or sign a new contract with another ESP.
In the attached filing, the utility argues that this is reasonable and fair to direct access customers, particularly in view of the Enron bankruptcy.
This will be an excellent development to reference in the comments that are due on January 4th in the DA suspension proceeding.
Happy Holidays to each of you and your families!
Dan
| EXCELLENT NEWS! |
I wanted to wish each of you a Happy New Year and to also let you know that I will be on vacation through January 7.
If there is anything that you need Maureen, Elizabeth & Gus will be in the office on January 2.
Again, Happy New Year To All!!!!!!
!
| Happy New Year!!!! |
Barb Ennis sent me this info that I will publish in the Burrito for 1/11/02.
I thought the Board should get a first crack at making reservations for the General Meeting.
If you snooze, you lose.
I think these rooms will be snapped up pretty quickly.
gba
| Room Reservations for February General Meeting |
Board package will go out to you Monday evening, January 7.
Call in number can be found below.
Driving instructions to Mirant from Oakland Airport forthcoming.
Feed me additional agenda items.
HNY gba AGENDA WPTF Board Meeting Tuesday, January 8, 2002 Walnut Creek, CA 9:30 a.m. (PST) Call to Order ?
Additional Agenda Items ?
Approval of November Minutes (pgs 3 - 4) ?
WPTF Involvement in Enron OII - Dan (pg 5) ?
Other PUC Matters - Dan ?
Letter to FERC Supporting PG&E POR - Gary (pg 6) ?
ISO Market Redesign 2002 - Gary (pgs 7 - LUNCH ?
?
PR and Media - Gary (pg 18 and 18A) ?
WPTF General Meeting and Riordan Dinner Sponsors - Gary ?
Financial Report 1:30 p.m. (PST) Adjourn Next Meeting Tuesday, February 12, 2002 El Paso Merchant Denver, CO AUDIO ACCESS INFORMATION: ========================== PRODUCT TYPE: UNATTENDED CALL TYPE: MEET ME
| WPTF Board Meeting January 8 |
A) From south or west of Walnut Creek 1) Take CA 24 to I-680, then go north; or just take I-680 north, depending on point of origin 2) After passing I-680/CA 24 intersection, begin looking for Treat Boulevard exit (about third exit, +/- 1) 3) Exit Treat Boulevard, go right (east) 4) go under BART track 5) After BART track, turn right at 2nd light (Jones Road) 6) Very quickly, take first possible right into parking lot entrance 7) Park underground, bring ticket to office - - we validate.
8) Actual address: 1350 Treat Boulevard, Suite 500.
B) From north or east of Walnut Creek 1) Take I-80 or CA 4 to I-680, then go south 2) Look for Treat Boulevard exit as in 3 above, and follow same directions C) BART option 1) Take BART to Pleasant Hill station 2) Walk to office, about 2 blocks: exit BART station, either side, and walk back toward SF under the elevated track go to major intersection, across from Embassy Suites (Oak and Treat Boulevard) Look for large, five-story, Coral/Salmon colored building on large tract of land, southeast corner.
Much construction activity going on around site.
Go to front of building, climb stairs to main entrance/lobby, enter, take elevator to fifth floor, suite 500.
| Direction to Board Mtg |
The Dean's Office has decided to cancel several of the Spring 2002 electives.
This decision was based not only on the very low pre-enrollment in the four canceled courses but also on the low overall "occupancy rate" for all elective courses (still only 46% after the cancellation of the four courses).
This low "occupancy rate" was due to the EWMBA having a surprisingly large number of students who graduated in their 5th semester.
Approximately 85 students completed their MBA requirements in December 2001.
The following are the four courses that were cancelled: E233 Investments, Prof. Shachat E278-3 Business Law, Prof. Ross E296-7 Behavioral Finance, Prof. Odean (If your work schedules permits, you will be given enrollment priority to the day section.)
BA/E 278-1 Law& Strategy of e-Commerce, Prof. Tiller Obviously we regret this development, and recognize that this may create a schedule problem for you.
Therefore, we'd like to propose the following two registration options: Open Classes If you would like to add an elective that did not fill up during the pre-registration process, reply to TJ tj@haas.berkeley.edu <mailto:tj@haas.berkeley.edu> ASAP, but no later than noon on Friday, January 18th.
We will add the course to your schedule.
This will ensure that you get priority over the other students who will participate in the ADD/DROP phase starting on January 22nd.
Please refer to the attached file to see which classes still open.
Closed Classes If you would like to get in to an elective which is currently full, and your original bid for the cancelled course would have been sufficient to get in to the now-full course, we will add you to the course as an over enrollment.
Reply to TJ tj@haas.berkeley.edu <mailto:tj@haas.berkeley.edu> ASAP, but no later than 12 noon on Friday, January 18th.
Please refer to the attachment file to see which classes are closed.
Please Note: Per campus rules, in extraordinary circumstances such as these we are allowed to over-enroll, but by no more than 10% of the official class size.
Thus we have a finite number of spaces to work with.
Please refer to the size column of the first attached file to see how many seats we have to work with.
If more of you want in a class than we can accommodate, we will use original bids as the tie-breaker.
Once again, please accept our apologies for the inconvenience.
Should you have any questions, feel free to call the office 510/642-1406.
The Evening & Weekend MBA Program Office
| *** Spring 2002 Registration Update *** |
If you are interested in Niners tickets, I have the following I can get for cost: - Panthers 10/7 @ 5:30 - Lions 11/4 @ 1:05 - Bills 12/2 @ 5:30 - Eagles 12/22 @ 1:00 2 seats in section 10 (lower deck) , row 4 (under the overhang), $50 each.
- Rams 9/23 @ 1:15 - Eagles 12/22 @ 1:00 2 seats in upper reserved 25, row 10, $50 each Let me know.
Lisa, please forward to your friends.
| 49er tickets |
Join Ford Motor Company for an informal pre-game BBQ this Saturday, September 8.
Come meet representatives from diverse functions including IT, Finance, Manufacturing Leadership and Engineering and see select products from our stable of automotive brands: Ford, Lincoln, Mercury, Mazda, Volvo, Jaguar, Land Rover and Austin Martin.
With our new offices for the Premier Automotive Group in Irvine, California and our numerous e-business and joint venture initiatives, our opportunities continue to grow throughout the country and the world as we expand in emerging markets such as China, India, Russia and Southeast Asia.
This is a casual event to kick-off the 2001-2002 academic year and celebrate the continued close relationship between the Haas School of Business and Ford Motor Company, so stop by, see some cars and grab some food & drink.
Time: Noon, prior to the 2:30 kick-off Location: Haas Courtyard If you are unable to attend and would like to learn more about opportunities at Ford Motor Company, please visit us on the web at www.mycareer.ford.com or feel free to contact me directly (Matt Field, Haas MBA00 - contact details below).
Best wishes for an enjoyable year, Matt
| This Saturday--FORD TAILGATE in HAAS COURTYARD |
Jennifer --are you able to put together a one page update on where things are in California?
I need to give Ken Lay a brief update his packet of information for a meeting on Thrusday.
Jeff Dasovich is terribly busy, but said he would review and edit an overview if you put something together for him.
Let me know if you cannot.
Thanks
| California update |
MBAers, In light of the tough job market and importance of getting some quality face time with recruiters this year...
The Leading Edge Technology Conference is hosting a special INVITATION ONLY Recruiting Reception at this year's Conference on Saturday, Sept. 22nd at 6:00pm in the Wells Fargo Room.
What Companies are Sponsoring / Accepting Resumes?
a.. JPMorgan Chase H&Q b.. HP c.. Accenture d.. Broadview e.. BEA f.. Fortune g.. NYSE h.. Business 2.0 i.. Wideray This reception is the perfect opportunity for you to network with companies that may or may not be holding official recruiting events on campus this year.
We'll have wine, beer, appetizers and plenty of one on one time.
HOW DO I GET INVITED?
How: PARTICIPATE IN THE RESUME DROP!
IMPORTANT INSTRUCTIONS BELOW a..
Submit a Resume only (no cover letter) to smolek@haas.berkeley.edu NOT TO THE CAREER CENTER (don't worry - I won't read them) b..
Include the Company name in the Email Subject line and Your Name (Joe_Smo.doc or pdf) as the doc.
title.
Send a seperate email for each company!!
c.. First Year's - Resume in standard Haas format is preferred, but not mandatory.
When: BY WEDNESDAY, SEPT. 12TH AT 9:00 PM!!!
YES - TWO DAYS FROM NOW!
Who: Second Years or First Years - it's completely the company's option who they choose to invite.
They will invite approximately 5 people.
Not all sponsors may choose to participate, so send your resume in at your discretion.
What: Remember, this is a networking / pre-interview opportunity.
This is not a promise by any company to give offers or follow up with an official interview.
But it is an indication that you have made the radar screen.
Some companies, like Broadview, are using this as the primary recruiting event at Haas this fall.
You need not be registered for the conference to attend the networking reception if you are invited.
Follow Up: We will be notifing you if you are invited by Wednesday Sept. 19th.
What if I don't get Invited?
: All these companies will have a general sponsor table up all day at the conference where you are welcome to drop your resume during the day or simply go to ask them questions.
However, this option is only open to you if you are a registered conference attendee.
Questions: While we are coordinating with the Career Center closely to put this together for you, it is not an official career center event - so please direct questions to either Sara Smolek or Jeff Clementz at the email addresses below - PLEASE PLEASE - DO NOT EMAIL THE CAREER CENTER DIRECTLY!
smolek@haas.berkeley.edu clementz@haas.berkeley.edu
| Leading Edge Sponsor Resume Drop - Wed. Sept. 12th! |
Jeff, John White has proposed to the CEERT Board that we send the attached letter to the Governor attacking the DWR contracts.
Would you please take a look at it and let me know what you think of it.
You can reach me on my cell phone at 213-359-0853.
Thanks.
Hap
| for Board review and comment |
I know that , as a result of yesterday's national tragedy, there are many = of you stranded throughout the U.S....Please check with the Enron websites= and Travel Agency in the Park( open 24 hours) for information on how best = to get home- Please feel free to utilize all reasonable and safe ways to r= eturn home...you will be reimbursed for such efforts.
Please also feel free= to extend your stays as necessary until you are comfortable returning home= .
There isn't much more to say about yesterday's events that hasn't already= been said - they are tragic beyond an imaginable level...but, the fact tha= t each of you and your family's are safe is very important to me and many = others.
This event will be with us for a long time to come, but a sense of = normalcy will, in time, return to our business and what we do in Government= Affairs..but,in the meantime, stay safe, enjoy your families, and get hom= e when you can if you are away.
Feel free to call me at 281-831-3749 if the= re is anything at all I can do to help.
| Terrorist attacks |
Stephanie and I met with Jeff Dasovich in San Fransisco on Friday.
Jeff understands that he can play an important/strategic role in assisting ENA West Gas in understanding the regulated issues for Gas...
There is no doubt that ENA has spent most of our resources in power ( and for good reason) however we need to re focus energy on gas related structures.
To facilitate this effort, Jeff has offered to focus some more of his time and effort on coordinating some of the key commercial issues related to California.
Jane and Stephanie need to create a priority list that represents West Gas issues and "Hot Button" or action items.
Once created we can work with Jeff on action items.
In addition to this immediate need, Jeff will join our conference call's/meetings ( or attend where possible).
The next session I have on my calendar is Thurs Sept 5 @ 2:30.
I trust this initiative will further enhance an already effective procedure.
If there are any questions, let me know.
regards,
| Regulatory Updates - General Updates |
A couple of items of note from this weeks IEPA call: 1.
As noted in Steven Kelly's recent e-mail, it looks like Commissioner Laurie is planning to leave the CEC at the end of the year.
The only siting case before him is Roseville, so Kelly thinks it is unlikely he will stay to see the case completed.
Commissioner Moore's term is also up at the end of the year.
Kelly thinks he will try to get an extension on his term 'till his siting cases are complete.
As I think we can all guess, Kelly is not optimistic about the replacements that might be named by Davis to fill their spots.
2.
The proceeding to modify the siting rules seems to be at a bit of a stalemate.
Commissioner Purnell has put forward some draft language to try to break the log jam.
IEPA is getting a copy to send out.
3.
Kelly thinks the critical issues that are going to be addressed in the CPUC IRP process are: a.
The market design issues surrounding procurement practices by utilities (assuming they regain this ability from DWR) b.
Procurement of renewables IEPA is planning to file to be a participating party to these proceedings.
If Enron wants to be a party separately we need to file a letter to that intent by Nov. 9th .
Steven thinks this time around PG&E and Sempra might be on our site on the generation issues b/c of their IPP businesses.
Let me know if you have any questions on these issues.
I'll keep you updated as things move forward.
| IEPA Call Update |
CAISO BOG 10/25/01 Notes taken by G. Alan Comnes Meeting went from about 10:30 to 1 p.m.
Written materials discussed at this meeting are available at www.caiso.com/bog.
1.
Budget.
Board approved budget, which contains a significant increase in GMCs and, for the first time applies GMC fees, on the self provision of A/S.
The motion to adopt was modified to say the Board would revisit budget if, in response to Gov.
Davis requests to par budgets, the CAISO budget is cut.
2.
Retirement plan Audit 3.
Allocation of Above-MCP 487 charges.
This mechanism will improve the allocation of OOM costs so that the per-MWh charges match up with actual OOM costs.
Stated that penalty revenues used to lower OOM costs could come from imbalance penalties.
Action.
approved (?)
to allow staff to make a tariff amendment on this change.
4.
Winter Assessment.
Presentation by staff Kahn took issue (i.e., did not even want staff report presented) that CAISO does an assessment without consulting the Power Authority, CPUC, and the CEC.
Worried about conflicting with the other resource assessments out there and giving media ways to take shots at DWR buying practices.
In the end, the full presentation was not given but questions were asked about whether the assessment spells trouble or provides assurance.
The answer: things are tight in some months but are expected to be ok given the level of conservative assumptions used in the analysis.
Action: staff was tasked to compare this assessment with CEC's and others and come back in another month.
5.
Generator maintenance program.
Will use GADS data.
This program is mandatory for PGA generator units.
CAISO staffer represented that no other ISO has a prescriptive program like the one CAISO is proposing.
Current schedule: brief FERC staff next week, return to Board in November for approval, make FERC filing, implement in early '02.
Benchmarks are based on each unit's historical performance; i.e.
dogs will be benchmarked against their past doggy behavior.
There is no component to raise the "bar" on performance but a unit that falls relative to past performance would trigger further review.
6.
MSC Selection Committee.
MSC provides "independent" review of the CAISO markets for CAISO, the state, and FERC.
Wolak is the only member left at the moment.
Selection committee will be Sheffrin, Wolak, and Borenstein.
Candidates will go to Exec.
Director and the final candidates to the Board in February 2002 (!).
Kahn questioned how the MSC can survive with only one member and take until February 02 to select a final members.
Nonetheless, the glacially paced schedule was adopted.
7.
FERC RTO Seams Issues.
Steve Greenleaf presented.
Updated BOG on RTO week and said that the "4 RTO" model took a step backward ("off the table" in the words of Chair Wood) in response to criticism from state PUCs on Thursday.
(Is this an accurate recounting of Day 4?).
ISO is engaged in interregional coordination.
Mentioned "CSIC" group Mentions SSGWY's (?
)sponsorship of a market monitoring workshop on November 16.
8.
Update of CERS Settlement BEEP/AS Payment Procedure.
Edison and PG&E "are making progress" but no agreement with CERS have been reached.
SDG&E signed and the procedure was implemented at least in part with SDG&E.
9.
Monthly reports: financial.
10.
Monthly reports: DMA.
Sheffrin.
Mostly followed the briefing charts.
Emphasized the following: CERS OOM purchases are generally down and are reasonably priced once purchases and sales are disaggregated.
Said that suppliers are still bidding above costs.
DMA files confidential reports that include info on bidding data weekly to FERC.
Bids are not coming down.
Intrazonal congestion is up due to new generation coming on line.
That allows generators to play the "dec" game.
| Minutes from last Thurs' CAISO Board Meeting (Sorry for the delay) |
Hi Jeff, Please find below SCE's proposal to settle past Direct Access Credit issues and determine the Direct Access Credit going forward.
Please forward this to any other Enron participants to review prior to our conference call with John Fielder, November 1, 2001, 11:00 a.m. PST.
(See attached file: DA Proposal.doc) Thanks.
| DA Credit |
Despite the postponement of company presentations this week by PWC-FAS, Goldman Sachs, and Wells Fargo, all three companies as of today still plan to conduct their on-campus interviews as scheduled.
Thus, to ensure that they receive your resumes with time to prepare their interview lists, the resume drop deadline for these companies, as well as Citigroup, will remain Friday, September 14th, at 11:59 p.m. We are currently working with the companies to reschedule their presentations as soon as possible.
Please don't hesitate to contact me if you have any questions or concerns.
Mark Friedfeld Account Manager MBA & MFE Recruiting Haas School of Business University of California, Berkeley
| CSO-Finance Presentation & Resume Drop Update |
Folks- Just a reminder about the California Energy Solutions Group Annual Retreat.
We are 2 weeks away and need everyone who plans to attend to send in their registration and book their hotel rooms NOW!!!!
Also, we have to submit the final numbers for golf TODAY by close of business and only have 5 confirmed -- if there are others who want to golf please let me know ASAP so
| REMINDER -- CESG ANNUAL RETREAT |
Sales Tax to Rise by a Quarter of a Cent Finance: A 1991 law triggers a reduction in good times and kicks it back up during slowdowns.
The state deficit means a higher rate on Jan. 1.
By JULIE TAMAKI TIMES STAFF WRITER November 1 2001 SACRAMENTO -- Gov.
Gray Davis' administration is expected to confirm today
| FYI - LA Times story on sales tax increase |
Members of the Haas community, This evening at 5:00 p.m., Professor Louis Stern from the Kellogg School of Management, will give the second annual David A. Aaker Distinguished Lecture in Marketing in the Wells Fargo Room.
In his talk, titled 21st Century Marketing, Stern will address changes to marketing strategies and tactics that are required in order to find the right paths to profitability in the post-Internet-bubble era.
Aaker describes Stern as "One of the best speakers in academic marketing.
He is always provocative and humorous."
Seating will be on a first-come, first-served basis so please arrive early.
Regards,
| Reminder: Aaker Lecture this evening |
As of this point in time, the CPUC is NOT expected to vote tomorrow.
The CPUC has not said when a new meeting would be held.
Although we continue to keep the pressure on, the CPUC vote could be for DA suspension as of July 1.
We need to be prepared to take immediate legal action in that event.
Here is the plan and what we'd like from customers.
| Preparing for Legal Action against a retroactive DA suspension |
FERC's meeting scheduled for Wednesday, November 7, does not have any RTO dockets on the agenda.
The generic docket "Electricity Market Design and Structure," which is the docket FERC is using for its "RTO Week" proceeding, is included on the agenda, but we do not expect any significant actions in this docket because FERC is still taking comments from the industry on the outcome of RTO Week.
However, this new Commission has surprised us before, so if anything of import happens at next week's meeting, we'll notify you immediately.
Please let us know if you have any questions.
Sarah
| FERC Meeting on November 7 |
Dear Evening MBA Student, The Fisher Center for Information Technology and Marketplace Transformation (CITM) is offering the next Enabling eBusiness (EEB) program, a workshop on November 7, 2001.
The theme of this half-day workshop is "eBusiness Transformation in Banking."
We can accommodate a limited number of Evening MBA students at a special rate of $50 subject to space availability.
If you would like to attend the event please e-mail your request to citm@haas.berkeley.edu preferably by noon tomorrow.
Include the following information: Name: Company: Your Job Title: Contact (if different than the e-mail address of your message): eBusiness/Technology related background (1 paragraph): Program attached below.
| Fisher CITM Workshop on Enabling eBusiness (EEB): eBusiness Transformation in Banking |
Dan, is it possible to see the AReM response to the Wood ACR before it is filed tomorrow?
I am going to be preparing the written prehearing conference statement for Enron to be submitted to Barnett at the nov. 7 PHC and I want to make sure we are being consistent in our approach.
Thank you.
Mike Day
| AReM response to Wood ACR |
Attached is CMTA's Press Release on the Governor's Economic Summit.
Also in the page, you'll find links to other correspondence concerning CMTA's proposals, including detailed descriptions of the initiatives, an opinion editorial placed in today's Los Angeles Daily News and a letter from Jack M. Stewart to Governor Davis.
In the coming months CMTA's theme will be "Turning California Around: Empowering Manufacturers to Lead the Way".
Please feel free to send us comments or suggestions.
| Press Release - 11-2-01 Economic Summit Proposals |
I've been talking to other ESPs about the PX Credit Payment and the Barnett proceeding.
Some tidbits: New West -- wants to keep the payment issues out of the proceeding and wil attempt to do that.
They don't have a complaint filed, so they need SCE to have good faith bilateral settlement discussions.
Good luck there.
Their meeting with SCE is 11/6.
| PX Credit -- Other ESP Positions |
Hi Evening MBA Students, It's time to start thinking about registration for the Spring 2002 Semester.
Attached you will find four documents: 1.
A memo to guide you through the registration process.
2.
The Spring 2002 Evening MBA Program Schedule.
3.
The Spring 2002 Course Information sheet.
4.
The Spring 2002 cohort list for first-year students.
These documents can also be viewed at the current students website: www.haas.berkeley.edu/EvMBA If you have any questions please contact us and we will be happy to assist you.
Josh & TJ
| Spring 2002 Registration |
I think I left my email open at home which means I can't download it on Omnisky or Yahoo.
So you can email me at this address if you need to.
Will you get stuff for breakfast at Rainbow?
Eggs Butter Bread for toast Jarly or cheddar Porties or other mushrooms Green onions Don't buy any yellow onions - I will bring some from home.
I love you.
| Stuff |
Jeff: First of all - greetings from Portland!!
I don't know if you know this, but I moved here last week.
My new number, by the way, is 503-464-5073.
Several months ago, we briefly discussed a CEERT initiative to allow direct access for retail customers choosing green.
This is referrenced at the end of this article.
Do you know if they have come out with a formal proposal?
Would they try to push it via a bill introduced next session (January, right?)?
Thanks!
| Question - Green-Energy Firms Seek an Outlet |
Hello all, there is a new foundation in the North Bay (Beth Perkins Equestrian Foundation) that was set up last year to benefit equestrians that have been diagnosed with life-threatening diseases to help them cope with the cost and the time-off.
The primary recipient this year is Margie MacDonald she has Acute Myeloid Leukemia.
The fundraiser is Sunday, December 2 from 3-6pm at Hawkwood Hill Farm in Petaluma.
Nora, Pat and I went last year and it was really fun.
They have wine and hors d'oeuvres, silent auction, raffle and riding demo.
All for the tax-deductible donation of $35.
If you want to go I can order tickets (they will be $45 at the door).
kari
| Benefit Event |
Jeff, As you requested, here is Dan's very rough draft from yesterday with some comments from me.
I'm supposed to be getting a new draft soon.
Sue
| AReM draft PHC |
Jeff, We're still here, just to let you know.
Have been working on a small project which has evolved into something quite larger as the owners keep adding more.
We still plan on doing your project, but I can't leave the current one until finished.
I will stay in touch.
Best Wishes,
| Your Deck Project |
The following report was prepared Strategic Information Services.
If you have any questions, please call the numbers below.
This report provides a numbered listing of the individual measures that will be appearing on the March 5, 2002 Statewide Primary Ballot.
* Proposition 40 -- This legislative measure, the product of AB 1602
| Update on ballot measures |
Dave just called and was nice enough to inform me that he, also, sat down in the LPS pool.
He picked Tennessee.
If anyone else discovers an error please let me know.
Eldon
| Picks of the Week--Correction |
I heard that the CPUC and/or the utilities have taken the position that any amendment to a contract after 9/20, like a pricing amendment, is a new contract entered after 9/20 and therefore invalid.
Is this true?
Does this hold any water?
| CA Extenstions/Amendments |
For those of you interested in Entrepreneurship or Biotech/Healthcare, they're doing some cool stuff at UCSF.
There's an e-mail list, plus several speaker/networking events.
Sam Collela of Versant Vertures spoke at their first event two weeks ago.
Our very own Peter Fiske will speak at an event on Dec 5th.
The organizers specifically asked that Evening MBA students were invited to participate (our fame precedes us).
Great opportunity to meet up with clinicians/scientists with new ideas who need help with commercialization.
See below for details.
Tom McVey
| Entrepreneurship @ UCSF Innovation accelerator |
This is a reminder to all 3rd year students that you should be bidding for classes today.
The first round of bidding ends tomorrow Thursday, November 8, at 12 noon.
If you have any questions please give us a call at 510-642-1406 Good Luck Josh Bortman EWMBA Program
| Bidding |
Legislative Weekly November 7, 2001 Issue 44, Volume 3 A weekly publication from the California Manufacturers & Technology Association detailing legislative and regulatory developments in Sacramento CMTA ADVOCATES FOR EQUIPMENT SALES TAX EXEMPTION CMTA President Jack Stewart and member company Baxter Healthcare Corporation will testify on November 8 before the Assembly Committee on Jobs, Economic Development and the Economy and explain why an equipment sales tax exemption is needed by manufacturers and how its enactment would stimulate job growth in California.
Chairwoman Sarah Reyes (D-Fresno) conducted a similar hearing last month in Silicon Valley at which this proposal was offered by high tech representatives.
As a result, she invited CMTA to speak on this proposal further and to more fully describe how the sales tax exemption would help get California's economy back to health.
CMTA believes that manufacturing and technology strength is essential to a strong California economy.
Historically, our state has been a world leader in these industries which include electronics, biotechnology, aerospace, and the production of goods of every description.
A strong manufacturing base brings high paying jobs and produces an enormous positive ripple effect in the state's economy.
In order to stay in business, manufacturing companies must make enormous investments in capital equipment on a continuing basis.
California taxes the purchases of manufacturing equipment while 46 states do not.
Many of the 46 also provide tax credits to entice manufacturing expansion to their states.
While existing MIC (California's Manufacturers Investment Tax Credit) law provides some companies a partial offset against sales tax liability, California's tax burden in this regard is one of the worst four in the country and much heavier than that of any other industrial state.
Such an exemption would greatly enhance California's attractiveness as a choice for building a new facility or expanding an existing site.
It would bring a direct and immediate incentive for expansion to all companies in all parts of the state in the manufacturing sector.
CMTA will also give testimony on its proposed moratorium on regulatory fees and its measure to reduce electricity rates and provide customer choice in energy.
ENERGY POLICIES REVISITED As the energy crisis wanes, many of the actions taken in the last year are being revisited.
Here's a sampling of what was done, why policy-makers are taking a second-look, and what may result: * In January ABX1 1 (Keeley D-Boulder Creek) directed DWR to purchase electricity, and DWR signed long term contracts at the height of the crisis.
High fixed prices and reliance on natural gas-fired generation have caused consumers, environmentalists and the CPUC to demand renegotiation.
Contract modification could lower prices and make more room for direct access contracts between customers and suppliers.
* ABX1 1 also prescribed a financing mechanism that upon second-look the legislature wants modified by SBX2 18 (Burton D-San Francisco), which uncouples payment for DWR contracts from payment of bonds.
Citing a preference for SBX2 18 and renegotiation of DWR contracts, the CPUC refused to approve a rate agreement so that bonds can be issued.
The Governor promises to veto SBX2 18, but has started reviewing DWR contracts.
* The Power Authority was created to ensure a 15% reserve margin in electricity supplies.
This spring it issued an RFP for supply, but was informed recently by DWR that no additional long term supply is required.
Assemblyman Keeley will hold a hearing this month to review the mission and activities of the Power Authority.
* Last year the legislature passed a bill requiring all generators sited under expedited 4 month licensing to switch from simple cycle to cleaner combined-cycle within 3 years.
On November 5th, under the Governor's emergency powers, the CEC removed this requirement, allowing the Power Authority to fulfill it's 15% margin with dirtier plants for an indefinite term.
Environmentalists claim that this means dirtier plants for 30 years.
* As the energy crisis became headline news, the ISO 27 member stakeholder board came under attack as an ineffective, generator-driven body.
Replaced this year with a 5 member board appointed by the Governor, the new ISO and DWR are now under attack for sharing information and manipulating the wholesale market in violation of federal law.
* In June the CPUC ordered the largest rate increase in history.
Since wholesale prices declined this summer, PG&E and SCE are collecting more revenues than needed to cover current utility and DWR costs.
If this trend continues, rates may be adjusted downward, or revenues may be allocated to historical costs, such as utility and DWR back debt.
* In September both PG&E and SCE submitted plans for payment of back debt.
PG&E is waiting for bankruptcy court approval of the asset transfer to its holding company, and SCE is fighting for it's rate freeze deal on appeal from federal district court.
Legislators may review the plans upon their return in January.
A LOOK BACK AT THE INTERRUPTIBLE PROGRAM It was almost a year ago that blackouts plagued California, and businesses that operated under interruptible contracts felt the squeeze of repeated curtailments.
Dire predictions that the Summer of 2001 would be fraught with blackouts never came to pass, and a year later, the State continues to evaluate its energy infrastructure, supply and demand.
Still at issue is whether or not those businesses that did not opt-out of interruptible programs will be required to repay the fines and penalties that accrued between October 2000 and January 25, 2001.
Numerous requests to curtail, the threat of hundreds of thousands of dollars in fines and penalties, and suspension of the opt-out window in November 2000, led to demands by the business community for the California Public Utilities Commission (CPUC) to act to remedy the situation.
As a result, in January the CPUC suspended fines and penalties for failure to curtail under interruptible contracts and the programs temporarily were placed on hold.
In April, the CPUC issued Rulemaking 00-10-002 which, among other things, allowed businesses to opt-out or readjust their firm service level effective November 1, 2000 if they repaid the discounts received from November 1, 2000 through April 25, 2001.
These customers were not required to pay fines or penalties that accrued between those dates, however, they were prohibited from participating in any load reduction program that pays per kW for the remainder of 2001.
Customers also were allowed to opt-out or to adjust their firm service level effective the beginning of the first billing period after approval of this rulemaking and upon notification by the utility.
These customers were allowed to retain the rate discount for interruptible service through the date of any change in schedule or firm service level, but were required to pay any fines or penalties assessed for failure to interrupt during the period that fines and penalties were not suspended.
The CPUC has wrestled with how to address the substantial fines and penalties assessed on businesses, and yet still preserve the program such that businesses would comply when called upon in the future.
No CPUC solution would have made whole all businesses that participated in the program, and as expected, the CPUC decision affected each business differently.
It is rumored that the CPUC will revisit the fines and penalties provisions to see how businesses that substantially curtailed, but were required to repay the full discount were impacted, however, a specific hearing date has not yet been set.
Stay tuned for further developments.
SLOWING ECONOMY HAMMERS BAY AREA WORKERS Technology Sector Drives Job Losses According to a just released report by the Federal Reserve Bank of San Francisco, the economic downturn has resulted in 30,000 lost Bay Area jobs in just the last five months.
The breadth of the slowdown in the information technology (IT) sector has seriously begun to drag down employment in other sectors.
The Bay Area relies on high-tech for 32 percent of its wages and 11 percent of its jobs.
Business investment in IT products and software has slowed substantially this year, dampened by uncertainty in the national economy, dot-com and telecommunications crash, and over investment by business in IT products.
The abrupt slowdown in business investment in IT has had a noticeable impact on orders, shipments, and production among technology firms, resulting in declines in output and employment in these sectors, according to the report.
Softening markets for new office and industrial space have also dampened growth in construction employment this year.
Employment among providers of shipping, trucking, and warehousing services also fell in recent months, as firms scaled back in response to slowing demand.
BILL PROHIBITING "ENGLISH-ONLY" RULE MAY HINDER WORKPLACE SAFETY The California Manufacturers & Technology Association (CMTA) opposed AB 800, a bill authored by Assemblyman Herb Wesson (D-Culver City) and signed by Governor Davis.
The bill makes it an unlawful employment practice for an employer to limit or prohibit the use of non-English language in the workplace unless justified by an overriding business necessity.
The Fair Employment and Housing Act already prohibits an "English-only" rule with one exception.
An employer can require that employees speak only in English at certain times if the employer can show that the rule is justified by business necessity, and has effectively notified its employees of the circumstances and the time when speaking only in English is required, and the employees have been made aware of the consequences of violating the rule.
AB 800 not only provides the same protections; it goes into greater detail that is difficult for an employer to follow and it creates a trap for the unwary employer.
An employer may be sued if any step outlined in the bill is not followed exactly and could face both compensatory and punitive damages, plus a $5000 per worker statutory damage award.
No empirical evidence was presented indicating that current law was ineffective or that multiple monetary penalties were needed to deter employers from violating this provision of the law.
The bill may prove harmful to employees if it turns out that injuries or fatalities in the workplace begin occurring because safety and health rules are not being clearly communicated and understood by all employees and reinforced in a common language.
CMTA is also concerned that the bill may encourage more discrimination and harassment complaints by employees who believe they are the subjects of non-English conversations that could severely undermine employee moral.
AB 800 becomes law on January 1, 2002.
Employers who have "English-only" rules should review their rules to make sure that they are not in conflict with the bill.
| CMTA Legislative Weekly - 11/07/01 |
On October 29, 2001, the commission issues an order instituting a rulemaking to establish ratemaking mechanisms to enable SCE, PG&E and SDG&E to resume purchasing electric energy, capacity ,ancillary services and related hedging instrument to full their obligation to serve their customers once DWR's authority to purchase on their behalf ends (December 31, 2001).
At that point, the UDCs, not DWR, will have to pick up anything not covered by retained generation and the DWR contracts.
The Commission will also address proposals on how renewable resources should be included in the mix of generation serving the state.
The OIR will have a significant impact on procurement practices in the state on a going forward basis.
The ruling states that if you are interested in being on the service list for this proceeding, a letter must be sent to the docket office stating that fact within 15 days (by next Monday).
Bottom line is do you want me to continue to monitor (and perhaps get active) in this proceeding.
Please let me know by the end of the week so that I can send in the required letter.
Jeanne Bennett
| Order Instituting Rulemaking to Establish Policies and Cost Recovery Mechanisms for Generation Procurement |
Silicon Valley Business Ink :: Empowering Silicon Valley EventDear Silicon Valley Leaders: Please join the Silicon Valley Manufacturing Group on November 16 for a conference on Security and Terrorism at member company Sun Microsystem's Santa Clara campus.
We are partnering with the Silicon Valley Biz Ink to host a timely conference on how Silicon Valley employers and their employees can adequately prepare and respond to the security and terrorism challenges facing our State and Nation.
Silicon Valley Biz Ink is handling all of the reservations and a space may be reserved by contacting events@svbizink.com or by calling #408/535-5642.
There is a nominal $35 fee which net profits will go toward the United Way Disaster Relief Fund.
The conference is limited to 400 people, so please respond as soon as possible.
A list of featured speakers and flyer is attached below for your review.
| Silicon Valley Business Ink : Empowering Silicon Valley Security and Terrorism Conference |
Attached for your information is a summary of several recent SoCalGas advice letters.
AL2837-A, which describe the new internal receipt point operating procedures that SoCalGas is implementing, may be of interest to your gas marketing folks.
Have a good weekend!
Dan
| SoCalGas Advice Letter Summary |
<<IPW111201a.pdf>> Good Morning, Attached, please find the latest issue of our Independent Power Weekly.
Summary: 1.
IPPs Rise 3.8% Last week our IPP composite rose 3.8%, outperforming the S&P 500 (+3.0%), but underperforming the NASDAQ (+4.7%).
Mirant, which was up 12.9%, was the strongest generator in the group.
International Power was the weakest performer, declining 2.4%.
2.
Generation Oriented Utilities Rise 5.5% Our universe of generation oriented utilities rose 5.5%, outperforming all major indices including the UTY (4.0%).
Constellation Energy, which was up 8.6%, was the strongest performer in the group.
Cleco Corp was the weakest performer, improving 3.4%.
3.
DYN/ENE Deal Removes Overhang We attribute last week's strong performance to indications of an imminent resolution to Enron's financial difficulties in the form of an investment from Dynegy.
Late on Friday, these reports proved true with Dynegy agreeing to acquire Enron and provide immediate liquidity support.
Over the last few weeks, the group came under pressure owing to concerns about Enron's deteriorating credit quality.
In particular, IPP investors were concerned about the level of receivables exposure of various companies to Enron.
Further, some industry observers suggested that a damaging reduction in trading liquidity could result if Enron were forced to withdraw from the natural gas and power markets.
4.
New Feature: Regional Spark Spread Analysis Inside we include a regional spark spread analysis looking back 2 years.
Going forward, this analysis will be a regular feature in the Weekly.
5.
Valuations Remain Attractive; Focus On the Major IPPs: Highlighting CPN, MIR and NRG Given diminishing Enron concerns, we would expect investors to refocus on attractive valuations across the sector.
The pure play power producers are trading at a 12% average discount to their private market asset values.
We continue to highlight Calpine, Mirant and NRG Energy.
6.
MIR Hosting Analyst Seminar On Tuesday (11/13), Mirant will host its second major analyst meeting in Atlanta, Georgia.
We expect management to discuss the following: 1. Business plan update; 2.
2002 earnings visibility; 3. Financing plans; and 4.
Reaction to DYN/ENE deal.
7.
CSFB Philippines Energy Forum; Relevant to MIR On 11/15 at 3.30 pm CSFB will host a Philippines Energy Forum at the Waldorf Hotel in NYC.
The meeting will feature 3 speakers: 1.
Her Excellency Gloria Macapagal Arroyo, The President of the Philippines; 2. the Honorable Vincent S. Perez, Jr., Secretary of the Department of Energy of the Philippines; and, 3.
Rick Kuester, CEO of Mirant Asia Pacific.
The forum will focus on upcoming developments and opportunities in the power and oil/gas industry in the Philippines.
Regards,
| CSFB IPP Weekly: DYN/ENE Deal Mitigates Overhang; MIR MeetingPre view; New Regional Spark Spread Analysis |
Folks- We have had a cancellation for golf on Wednesday so we have an open spot......anyone interested?
The tee time is 11:00 at the Chardonnay Country Club Shakespeare Course.
The fee is $126 and includes the use of the cart.
Please let us know right away if you want the spot.
Thanks,
| CESG Annual Retreat -- open spot for golf |
FYI.
Edison has been successful at peeling off one of the ESPs--New West.
Seems that in exchange for getting paid negative CTCs, New West may have agreed to take the position that all DA customers should be charged for Edison's undercollection.
I'm not aware of any other ESPs that are willing to take that position.
The salient quote in New West's "supplemental" PHC statement reads:
| Edison Attempting to Get ESPs to Agree to Charges for DA Customers |
Dear Wine Enthusiast, This past week, we experienced technical difficulties with our email service and the email you received may not have functioned properly.
We sincerely apologize for this inconvenience.
We welcome you to come back and browse our wonderful holiday entertaining and gift collection with the added bonus of 10% OFF* until 11/30/01.
Please remember to use the code E21A when ordering.
Thank you and happy holidays.
| 10% OFF + Holiday Gift Guide |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.