input stringlengths 93 39k | output stringlengths 1 117 |
|---|---|
Rick: Just want to let you know that I missed the boat a bit in coordinating my reviewers with Paul.
In my first attempt to input them in the system, I hesitated including you for the simple reason that I'm certain you have countless other reviews to do already, and, frankly, I feel that you're an integral part of... | Reviews |
Steve: FYI.
Don't worry about the conference call, but thought it might b= e=20 useful to review the proposals prior to Monday's meeting.
See you Monday.
Happy Thanksgiving to all.
Best,
| Options the Governor's Considering |
Well, this shows the direction in which the "new" Commission is heading.
The very good news, though, is that TW's proposal was included in both settlements (now that's hedging!).
Thus, the benefits to TW were preserved under both proposals.
Congratulations.
That's fantastic--hard work that
| Bad Proposed Decision |
Greetings Professor: I'm in charge of managing our collective responses to this week's case and have been called out of town on business at the last minute.
As a result, if I make it to class at all tomorrow, I unfortunately won't make it until after the break.
While I think one of my teammates will bring a hard co... | Global Industries Case |
Here's the proposal that we talked about yesterday that I'll distribute at tonite's meeting.
If you have any comments, just give a holler.
Hope things are getting back to normal in Houston.
Best,
| Proposed DA Amendments for CA Negotiations |
I'm assuming that we're not moving to fill the Sacramento position.
If this is correct, let me know and I'll get back to Costigan (who's the Assembly Republican leader's (i.e., David Cox's) Chief of Staff.
Best,
| Please see attached documents |
PLEASE KEEP THIS NOTE, AND THE INFORMATION CONTAINED IN THE NOTE CONFIDENTIAL.
As folks are aware, we have been engaged in closed-door negotiations for the past two weeks regarding a possible market-based solution to California's electricity crisis.
In the room are the major large customer groups, environmentalists, ... | Call to Discuss Possible Options to Mitigate Effect of DWR Contracts--Privileged and Confidential |
Please don't use this yet.
Refinements are underway by Alan Comnes, but wanted to give you a flavor for how underwater the DWR contracts are (if marked to market today).
Jim's got it , too.
Based on recent curves, $21B of the DWR contracts are stranded.
Will give you the update once it's done (likely tomorrow).
Best... | DWR's Stranded Costs |
Greetings: This item will be up for discussion in the California negotiations tomorrow beginning at 10 AM.
We're going to have a call to discuss it tomorrow from 9 AM to 9:30 AM PDT.
You will receive a call-in number shortly from Joseph Alamo.
If there are others who you think ought to participate, please feel free... | Call to Discuss Possible Options to Mitigate Effect of DWR Contracts--Privileged and Confidential |
FYI.
Hit the wires almost immediately.
He handled it with great aplomb and delivered a very good speech.
He had the crowd (but for the pie throwin' types) squarely on his side.
Best,
| The Pie |
Per our conversation, here's a copy of the curves that need updating.
If possible, could you get them to me by tomorrow afternoon?
Sorry for the rush.
Gotta talk on Thursday.
I want to superimpose on the curves the rates that Loretta just put in place for 500 KW and above (for Edison and PG&E).
Can you do that if ... | Need Updates Electricity/Gas Curves |
Greetings: Hope everyone had a pleasant 4th.
I've read the respective Burton and Hertzberg language on amending AB 1X.
The Burton language looks cleaner and simpler, though there may be reasons to include some of the Hertzberg language, too.
I'm proposing to the group the following as potential amendments to the bond... | Bond Leg Language, etc. |
Please take a look and see if you think it does what we're after.
I'd like to share with folks as soon as possible to try to get something in the bill.
Best,
| Amendment to Sher Bond bill |
Senate Majority Leader Eager to Push Energy, Environmental Issues James Kuhnhenn ?
07/06/2001 KRTBN Knight-Ridder Tribune Business News: Knight Ridder's Washington Bureau Copyright (C) 2001 KRTBN Knight Ridder Tribune Business News; Source: World Reporter (TM) ?
?
WASHINGTON--Eager to exploit public dissatisf... | Senate Majority Leader Eager to Push Energy, Environmental Issues |
Hertzberg (speaker of the CA Assembly) called a meeting yesterday afternoon of the group of market participants that have been negotiating the "core/noncore" proposal in California.
The purpose of the meeting was to brief us on their activities and their gameplan for trying to find a solution for California.
Here's... | California Update--Legislative Push Underway |
USA: UPDATE 1-PG&E utility gives Calpine debt priority status.
07/06/2001 Reuters English News Service (C) Reuters Limited 2001.
(changes 1st paragraph, adds details, company statement) SAN JOSE, Calif., July 6 (Reuters) - Independent power generator Calpine Corp. said on Friday that its contracts with Pacific Gas an... | PG&E utility gives Calpine debt priority status. |
The weekend of Dec 15, 16, 17.
Stinson Beach.
Glorious place on the beach.
Professional blue grass band.
Catered food.
Fun people (even Tom, Karen, David, Starr and Nina).
For Prentice's 30th birthday.
And it will just suck if you're not there.
Huge hugs, very wet kisses.
| You Must Come |
Below is an update from the weekend's activities.
The group negotiating the core/noncore proposal met over the weekend to attempt to put the proposal into legislative language/format.
The product produced thus far is generally sloppy and ill-drafted and the individual facilitating the group is working tonite to integ... | Weekend efforts to translate core/noncore proposal into legislative language |
The Bond Legislation The Democrats in the Assembly and Sentate have agreed to language to create a Dedicated Rate Component to repay the budget and de-link the bonds from the DWR contracts.
But the Republicans have still not agreed to go along.
The bill would require a 2/3's vote to keep the bond issuance on schedule... | California Update 07.09.01 |
Please see the following articles: Sac Bee, Tues, 5/10: No deal in energy refund talks Sac Bee, Tues, 5/10: Third power plant opens: But the Los Medanos=20 facility isn't pouring out electricity yet Sac Bee, Tues, 5/10: State reveals high-priced power deals Sac Bee, Tues, 5/10: Government finds ways to conserve: Th... | Energy Issues |
FYI.
In bizarre times, help can sometimes come from bizarre places.
Granted, we're likely to disagree strongly with Hogan's continued obsession with Poolco, but the discussion in his paper regarding market power may be helpful---I've read the Joskow paper, but haven't yet had a chance to review
| From Today's Electricity Daily |
Folks.
I'm working on it, but it's going to require quite a bit of work.
Please chk your emails later this evening for the next draft.
I'll page folks--those with pagers, that is--to notify when I've emailed it.
Scott,
| Dunne Letter |
Greetings; I've tried to accommodate everyone's comments, but there's still a hole or two.
In addition, seems that the letter would benefit from a bit more editing to make it shorter.
Richard, note that I've left a place holder in the opening paragraph to fill in a summary of our arguments and the conditions under... | Next Draft of Letter to Dunn |
need watkiss' phone #.
peace's letters to FERC urging FERC to approve CA's (dumb) market structure should be on file there.
I'm checking w/smutney.
best,jeff
| Peace Letters to FERC |
Please note Maviglio's comments in response to Sec of State Bill Jones' claim that Davis' consultants have violated ethics laws by not filing conflict of interest reports with the state while working for Davis.
Maviglio sez: Jones is "on a witch hunt on something outside his jurisdiction."
Mark, quit feeding PR line... | Davis Accuses Jones of "Witchhunt" |
Talked to Dave.
In a nut shell, here are the problem areas in the bill as he sees it.
It was a very brief conversation, but I think I've captured the key points: Based on an expectation that the "expedited siting" bill would help site plants, Dave's group had six plants on the drawing board.
The 5 ppm requirement ki... | Conversation with Dave Parquet re: siting bill |
Please forward to others who need this information.
As you know, Enron's been involved with a group of business customers, small customers, labor and enviros trying to hammer out a core/noncore proposal that would act as a key modification to Edison's MOU with the Governor.
Today, the Assembly leadership released a b... | California Assembly Releases "Modified MOU" for Edison |
Barry, et al: FYI.
Some initial info I got from our outside council regarding utility authority to engage in financial risk management tools.
More info to follow as we get it.
If you have quesitons, comments, or suggestions for additional research needed, just holler.
Please forward to others who might need it.
Bes... | Utility authority to engage in derivative transactions |
Here's the latest that we have on the legislation ("82XX") released on Friday.
The Assembly Energy Committee will hold an "informational" hearing on 82XX at 1:30 PM PDT today.
"Informational" means that there won't be a vote today.
Attended a meeting this morning with the business groups with Assemblyman Dutra (self-... | Update on California Legislation---Afternoon of 07.16.01 |
Drew/Steve/Tony: I've talked to Dan and he's available to represent Steve during his testimony on Wednesday.
Few things: Dan's an excellent regulatory lawyer.
Dan worked for many years at SoCalGas before going into private practice.
Drew, I'll leave to you and Dan to work out the details of any contract for Dan's s... | Legal Representation for Steve Harris |
man, do i OWE you a phone call.
please don't hold it against me.
sort of well, you know, a little nuts right now.
but i will reconnect.
i promise.
| SCE SOx Auction |
What people know: Hertzberg (et al's) bill (82XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee.
It will be heard again tomorrow (perhaps beginning at 10 AM) , at which time parties will have a chance to support/oppose and ask for amendments.
Most, including us, oppose... | California Update--0717.01 |
The wierdness continues.....
In the Senate: After Burton's "proclamation" yesterday afternoon that Senate bill 78XX was "all Edison was getting, period," the bill was voted down in committee and never made it to the full Senate for a vote.
The bill will be "reconsidered" (i.e., voted on again) today in the same comm... | Update to California Update 07.18.01 |
Anything can happen, but Hedy just talked to the Executive Offficer of the Senate Rules committee who told her that it is very unlikely that the full Senate would vote on any contempt report before the Senate leaves for recess; that is, they likely wouldn't vote on anything until they return in August.
Other info fr... | Dunn |
John: Here are two alternatives to the language in AB1X.
The language does two things: 1) ensures that DA customers' costs are shifted to utility customers.
2) ensures that DA customers' don't unfairly escape any costs (e.g., bond payments, etc.)
We're assuming that you'll shop these with Lenny and we'll work the Re... | DA Language |
The Republicans are currently on the Senate floor arguing (noisily, repeatedly and passionately) that California (and the Senate in particular) is being hypocritical and intellectually dishonest in attacking and investigating private companies and ignoring munis.
One Senator specifically identified prices charged by... | Senate Debating Unfairness of Singling Out Private-sector Sellers for Investigation |
FYI.
Fairly accurate account of the activities in California.
Assembly released new version of Hertzberg's bill late last night.
Another update to follow shortly.
Best,
| State Senate OKs bailing out Edison from bankruptcy |
Summary of the activities since Friday: Overall, it's 50-50 or better that the Legislature will finish up the budget and recess until August 20th, without having passed some form of an "Edison MOU."
Will have a better view of the chances of getting an MOU agreed to and passed through both houses by COB Monday.
In t... | California Update 07.22.01 |
You didn't tell me that you were going to France to have a secret rendez-vous with Evie Kahl.
Gotchya!
Welcome back.
It's been a fucking zoo.
Best,
| vitally urgent--please read |
FYI.
This was a significant event while you were gone.
I got tasked with putting together a letter to Dunn's committee from Steve.
Here's the final.
You should look it over so you know what's out there.
Would be interesting to contrast with our recent FERC filing.
Best,
| FINAL |
Dan Walters: Blame game over California's energy crisis will continue for years (Published July 24, 2001) The wrestling match between politicians and Enron Corp. moved into a more intense arena over the weekend when a state Senate investigating committee sought contempt penalties because the huge energy company has... | Dan Walters: Blame game over California's energy crisis will continue for years |
Bizarre as it sounds, we've now heard that they are calling the Assembly members back.
So it appears that the Assembly leadership will at least make a run at this.
We are getting more information and mobilizing industry.
Some key considerations: The Governor is putting immense pressure on the Legislature to get some... | Rumor That The Legislature May Reconvene |
Adding to Kristin's update, here's the summary of a meeting that just occured with Assembly leadership staff and industry on the Assembly's latest version of an "Edison MOU": The Speaker's staffer said that if he had to bet at this time, he would bet that the Assembly would not convene on Friday.
He also said that,... | California Update 7/25/01----Meeting w/Assembly on Its Latest Version of Edison MOU |
Just got a call from Hertzberg.
He pulled the plug last night on trying to get an Edison MOU finished by this weekend.
Too complicated; too rushed; he couldn't pull it off, but intends to continue working with folks.
He said that likelihood now is that the Assembly will recess, come back on the 20th, and try again.... | California Update 07.26.01--Assembly Pulls Plug on Bailout |
Folks, since many law firms have failed to exit the dark ages, they continue to use wordperfect.
To open this, don't launch.
Instead, "detach."
Then open the file that you've "detached" and it should convert from WP to word and you should be able to open it.
Best,
| First Amended Complaint |
FYI.
This is THE story out here today.
Given the repugnant things that Maviglio has said about Enron over the past several months, it will be very interesting to see whether he'll be able to withstand the fact that all the time that he was saying those things, he owned our stock.
Gee, couldn't happen to a nicer guy... | Davis spokesman under fire for stock |
Gouger Gray Davis California's petulant governor ignores reality as he overpays for electricity LANCE T. IZUMI Mr. Izumi is a senior fellow in California Studies at the San Francisco- based Pacific Research Institute.
On the surface, things seem to be going pretty good for Gov.
Gray Davis with regard to California'... | Gouger Gray Davis : |
Hi Mike: Parquet found me to talk about the QF ideas that you guys are bouncing around.
I'll be in Portland tomorrow.
You have some time to sit and discuss a bit?
Best,
| QF Ideas |
Bear with me.
I want to work on it through the evening.
Will make sure that it's out tonite, well in advance of tomorrow's 1 PM PDT conference call.
Best,
| Letter to Senators |
I've just been informed that I'm being switched to Outlook tonite, which means, I've been told, that I may not have access to my email later this evening.
If that holds, I'll email the draft to everyone first thing in the morning (hopefully by 8 AM Houston) time.
Otherwise, it'll land in your email later tonite.
My... | Letters to Senators--What Next? |
Greetings: We are getting considerable traction with the idea of using a "benchmark" to judge utility purchases, similar in concept to what's in place on the gas side.
To oversimplify it: 1) set the benchmark 2) the utility buys for consumers and tries to beat the benchmark 3) if (at the end of the year) the ut... | Getting the PUC off the Utilities Back for Purchases |
Got your message re: reverse auction all of the utility's demand.
Getting (interestingly complicated), though.
Now, the utilities want to create a "core/noncore" split in electricity, like in gas (where large gas customers can't take commodity from the utility).
With a core/noncore split, Edison claims that QF con... | Reverse Auction |
Hi Michelle: Guess who?
Just went into Ehronline and noticed that under vacation it sez that I'm entitled to 75 hours of vacation, and that I've used 48 hours, leaving 27.
I think that I'm actually entitled to more than 75 hours.
Please tell me that I am.
Thanks very much.
Signed, Desperately in need of vacation Al... | Vacation, Sweet Vacation |
Please keep this confidential at this point.
It's the agenda for the California "subcommittee" meeting on Tuesday that I mentioned in an earlier note.
They were unable to reschedule the meeting, which starts at 10 AM tomorrow, but we're on the subcommitte and will have very good access to the final product, so I'm... | Agenda for December 5 Meeting |
Here's an attempt at being frank about the legislation without jeopardizing our relationships or commercial prospects.
Overall, we respect the effort, but California failed to get the ball over the goal line: On Siting Intentionally or not, California has designed power plant siting laws that make it excruciatingly... | Possible Messages on Legislation in California |
Distributed Power: The Next Big Investment?
With today's electricity demand expanding beyond the reach of available supply, and nationwide electric deregulation efforts providing inconsistent results, distributed power just may be the next big thing, according to Bear Stearns analyst Robert Winters.
With technology-... | Distributed Power: The Next Big Investment? |
Folks: As you recall from out meeting on Tuesday, we decided that I'd pull together a brief description of our key priorities and the actions underway to achieve them.
The status report will be updated weekly.
We'll use the weekly update as an important internal communication tool to keep folks abreast of activiti... | First "Status Report" for California |
Rick, Jim, Harry: You will have the first status report for California by COB on Monday.
We will update that report weekly.
If there's anything you need between now and Monday, please let me know.
Have a good weekend.
Best,
| First Status Report for California |
Mike: Please forward the letter to Jeff.
Jeff, we'll be signing the letter.
Look like something TW can sign.
Give me a ring when you get a chance to look at it.
Best,
| Letter to Loretta |
Tim/Bob: Attached is the letter that we sent to Lynch explaining the info we thought ought to be made publicly available.
We're discussing how we can ensure that the market has access to any and all information that FERC might use in its "investigation" so that independent analyses might be undertaken.
Is there an... | CA ISO / CAL PX Information Related to 2000 Market Activity |
Paul: Here's additional info for the "curtailment" data that we're pulling together.
Utility Pricing for Core Gas Customers Prior to the month in question, the utility forecasts gas prices based on NYMEX monthly prices.
So for example, based on November's forecast, the utility sets prices to be charged to core con... | Pricing for CA IOU's Core Gas Customers |
Professor Berk: Very interesting to hear the perspectives of a South African ex-pat last evening.
Today's been very hectic, but I'll get back to you on the possibility of having Enron sponsor internships for the financial engineering program.
Until we've had a chance to talk, could you wait before forwarding my name... | Sponsoring Internships |
Jennifer: I got a call from Chris Bailey (sp?)
needing a summary of California dereg for a presentation(s) that Harold's assembling.
Attached is summary that Mona pulled together for Harold a couple of months ago.
I don't have Chris' email address (I've left him a message).
Could you forward this along to him?
Tha... | California Deregulation Summary |
FYI.
As you know, we're attempting to find a solution to the "reasonable review" morrass that's impeding utility forward contracting.
For that effort, we've worked with the Portland desk to pull together some educational materials to use with a subset of California stakeholders that's trying to devise a solution to... | Illustrative Portfolios |
Could you please set up a conference call and send the information to the list below?
Please set it up for tomorrow, Wednesday, at 9 AM PDT, for one hour.
Thank you very much.
Jeff Dasovich/SFO/EES@EES, Steven J Kean/NA/Enron@Enron, James D Steffes/HOU/EES@EES, Rob Bradley/Corp/Enron@ENRON, mpalmer@enron.com, Karen ... | Conference Call |
Just met with the industry group trying to come up with a solution for California.
The group liked our portfolio approach.
In sum: A portfolio approach is the right long-term solution.
In the short run, our illustrative portfolios show that the utilities ought to immediately fill a modest portion of their requireme... | Industry Group Likes Our Portfolio Approach |
As we discussed, attached is a brief description of ENA's and EES' key goals in California and the actions underway to achieve them.
We'll update the status report weekly.
We hope that the weekly update will serve as a useful internal communication tool to keep folks abreast of activities and developments in CA.
It... | California Update--12.12.00 |
Professor Aceves: Attached are a word and an excel file.
Both are formatted for easy print out.
Note that the excel file has two work sheets: "balance sheet" and "income statement."
I'd be happy to provide you with a hard copy, too, if you would prefer a hard copy.
Just let me know.
Thanks for a great course.
All ... | Final Exam for E220 |
Here it is.
And I have JUST been informed that I have to be on a conference call tomorrow from 1-2.
Could we do our call at noon or 2 pm California time?
Sorry for the inconvenience.
Best,
| Please forward to the group |
Everyone, meet everyone else's email address.
Thanks to one and all for the taking the time to discuss the issues.
Seems that the conensus is that the meeting was useful.
Have a great weekend.
Best,
| Email Introductions |
Lara: I have rather hastily put this list together.
For that I apologize.
Hope it is helpful.
The things on the list are ones that you've likely already considered.
Nevertheless, some of the issues we face in California include: 1.
POWER PLANTS The utilities' subs are building power plants; competitors (like Enron)... | Rick's Panel on Wholesale/Retail Market Power Issues |
Dear Ms Leisure: If you're still tanning, and still up for lunch, I'm game.
Besides, I owe you a beer.
Let me know.
Don't work too hard, Best,
| Still beached |
Please keep the following confidential.
Jessie Knight called.
Here's the latest.
Seems the Chamber of Commerce is going to launch a campaign with the following messages: 1) Deregulation must go forward, not back.
2) The transition will continue to be a bit bumpy.
3) The best option businesses and families have is t... | Jessie Knight an Aggregator? |
Attached are the draft message points.
As always, all comments, suggestions, etc.
are encouraged and welcome.
I have five minutes.
Consequently, based on what other panelists say, and general tenor of the hearing, may end up emphasizing some points more and others less in opening, and use any Q & A to round things ... | DRAFT message points for FERC hearing in San Diego |
John/Gia: You asked that we attempt to evaluate our activities.
Working with TW, I've valued this one.
The California Commission ruled that the "Hector Road" natural gas recent point in California ought to be made a primary receipt point.
This would have had the effect of TW losing access right to 200 MMcf/d of cap... | Valuation of GA Activities |
I'd say, "What next?
", but I'm afraid to ask....
Regarding our California strategy, preventing the merger would seem to be right up there with "end the price caps" in our list of priorities.
At today's FERC hearing, a hair-brained consumer advocate called for merging the PX and the ISO.
During the panel I was on, I... | DJ Freeman Sees Cal/ISO, PX Merger, Lower Price Cap |
Forgive the length, but it was a long couple of days.
Apologies in advance, since I'm sure I've missed something.
Hopefully, it hits the highlights and gives a good flavor.
Please foreward to anyone I've inadvertently missed.
Don't hesitate to contact me if you have any questions.
Best,
| Summary of Congressional/FERC Hearings in San Diego |
Hi Kari: I know that you and I are both swamped, so I'm writing very briefly to give you a brief update.
But first, thank you very much again for meeting last week.
Greatly appreciated, and look forward to working together to help in any way I can to find solution that is acceptable to all.
Here's the update: Ou... | Quick Update |
Here are some suggestions for the op-ed piece.
One general comment: It may be a bit lengthy at this point.
Also, have we decided whether it would be our op-ed piece?
And one key point that is very commercially sensitive: The term "end the rate freeze" has very ominous implications for EES's book, depending on the ... | edits to the op-ed |
FYI.
Please keep this internal and confidential.
Here's where the group I mentioned left off last Friday.
It will be useful for our discussion this afternoon.
You'll note from the comments that it's anything but a done deal.
I'll forward the SF press mentioned in the note.
Best,
| Revised CESG Outline |
Just got off the call with the California stakeholders.
The group's trying to come up with a solution and today's call was a challenge.
Edison threw new demands on the table that effectively ended any chance for a deal today.
Appears that at this point that anything more than a 10% rate increase is out of the questi... | Notes from Meeting with California Stakeholders |
Heres' the file.
Again, we used it, in the end, to justify having the utilities go out, now, and fill 10-15% of their net short position with 5 and 10 years deals.
The group agreed, though there's still discussions about the percentage (higher?)
and the mix (5 and 10 year deals?
; 3, 5, 10 year deals?)
--you get the ... | Portfolios |
Mark: Here's the info Size = 500 MW Purchase price = $42 MM (sold to Calpine) Permit status at time of sale = all permits had been obtained One note: while we had gas and electric interconnection agreements ready to execute, Calpine told us not to and they arranged those for themselves.
If there's anything else th... | Pittsburg Deal |
Paul Kaufman phoned with the following brief report from the Western Governor's Association "Energy Summit" that took place today.
Paul will follow up with more detail when he gets back to a computer.
The governors issued the following recommendations: California should immediately implement FERC's order issued la... | Summary of Western Gov's Energy Summit |
Attached is the URL to get to what should be a real audio broadcast of tomorrow's PUC business meeting.
The meeting starts at 10 AM PST.
Many who have tried to use the link in the past have been unable to connect, but the PUC may have since worked the kinks out.
I will be at the meeting and will report back via ema... | Possible dial-in to PUC meeting |
We will set up a call-in number to relay to folks any actions the Commission takes tomorrow.
The Commission meeting starts at 10 AM PST, but it's unclear when they will take up our issue.
Since the press will likely have the place surrounded, they may decide to do that item first.
We'll send out a notice with a cal... | Call to Discuss California PUC Action |
These folks will need to be added to the distribution list.
Lysa/Joseph: it's going to be a bit wacky, because, as the note indicates, I'm not sure what time the call will be.
Anywhere from about 11 AM to 2 PM PST.
We'll need to keep the number of ports as unlimited as possible, because I have a feeling that the n... | Call to Discuss California PUC Action |
Mike (Smith): Since things will move pretty quickly from this point forward, we want to have a quick meeting to explore our legal options and how best to preserve them.
We'd like to have a kickoff call after the daily 10 AM (CST ) call that Wanda Curry handles.
Are you available after Wanda's call?
Say 11 AM CST?
T... | Meeting to Discuss Legal Issues |
We're in the process of developing a strategy to take us through the next few months.
But while the (otherwise perishable) thoughts are still fresh in my mind from the hearings on Monday and Tuesday, I wanted to throw out some observations for discussion in the days/weeks ahead.
OBSERVATION--The pressure to finger s... | Observations on the Hearings this Week |
Today's hearing was dominated by : 1) many lawyers arguing over whether the Commission must declare that the "rate freeze" is over before raising rates, or whether the Commission can rely on its general constitutional and statutory authority to raise rates on an interim basis, without addressing the issue of the rat... | Update--Day 2 of California PUC Hearings |
All: Please see attached materials from Steve Kean.
Ken Lay and Steve Kean met yesterday with the Governor of California and his policy director to discuss solutions to California's energy problems.
The meeting was very constructive.
Ken Lay and Steve offered some of Enron's proposed solutions and the Governor dis... | Meeting with Governor Davis, need for additional comments/suggestions |
Well, I was clearly too ambitious in setting out the schedule.
My apologies.
I managed to trudge through the reading and the document last night, but didn't not get to answering the question.
I appears that this will be a busy weekend.
I've a feeling that I won't get my proposed answer to folks until Saturday after... | Even the best laid plans... |
Steve: I'm going to give you a call.
Few things: Got your message.
As you'll see from the document, I likely spent too much time over the weekend on the "what's in it for consumers" messages.
Since it was one of the the "to do" items, I figured that it should get some emphasis, but sounds like that may not be the c... | Status on Feedback to Governor |
Greetings: Attached is the draft.
I've attempted to capture everyone's comments.
The only piece that is not likely to go this evening is the piece providing comments on the Governor's specific proposals.
That will likely go first thing tomorrow morning.
You'll note that only one of the Governor's proposals current... | DRAFT of materials for Governor |
Greetings Kari: Attached is follow-up information from the meeting that the Governor and you had with Ken Lay and Steve Kean last Thursday.
Tomorrow morning I will email three additional pieces of information: Our specific comments on the proposals that the Governor raised at the meeting.
More details on the "dema... | Follow up materials |
This is material that I received re: Nord Pool from Davies (one of Schroeder's guys).
If you want to take a wack at putting together a few bullets on what Nord Pool is, how it differs from Cal model and why it's preferable, that would help me immensely and free me up to focus on 1) comments to Gov's proposal and 2)... | Nord Pool |
Copy of order to follow.
Here's a quick summary.
Does not look great for the utilities.
More to follow.
one cent/kwh charge for all customers--equals 9% for rez, 7% for small biz,
| PUC DRAFT Decision |
Greetings Kari: Forgive the delay.
Much going on today, PUC draft decision in particular.
The draft does not look promising for the utilities' financial position.
Attached are our comments on the Governor's Proposals and some more detail on the demand-reduction proposal.
We continue to work on the Nord Pool research ... | Additional Materials |
I forwarded this to you so that you could have a chance to take a peek at it before forwarding along to the rest of the group.
If you'd like me to forward it along to the larger group, just let me know.
Jeff
| ICA memo |
Late afternoon 1/3/01 news: USA: Calif utility ratings may fall too far on 7-15 pct hike.
By Jonathan Stempel 01/03/2001 Reuters English News Service (C) Reuters Limited 2001.
NEW YORK, Jan 3 (Reuters) - Bankruptcy may loom and the credit ratings of the two largest California electric utilities will likely fall t... | Late Press on PUC Decision |
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