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I told her that 1) folks are understandably sensitive regarding the info that gets to commercial folks, 2) she should continue sending those notes out and 3) she should restrict the distribution list for such notes to GA, which gives the team a chance to discuss the issues and to decide what info to push out to commercial folks, and avoids rather everyone just willy-nilly sending out notes and potentially getting commercial folks whipped up into an (unintentional and unnecessary) frenzy. | dev33 |
I think she took it well and I think she'll make a practice. | dev33 |
Only time will tell. | dev33 |
Congratulations. | dev33 |
Is this something they've said publicly? | dev33 |
If so, have they provided any rationale? | dev33 |
Thanks. | dev33 |
thank you. | dev33 |
if you get a chance, give a jingle and give me the brief rundown on where we left off on part 1. | dev33 |
thanks. | dev33 |
Gee, and at $120/bottle, I can load up on a few cases. | dev33 |
At that price, the Mondavi's must be hoping Bush wins so America can spend the tax break on that tasty Reserve. | dev33 |
(Kidding!) Do you qualify for the discount on the Reserve, too? | dev33 |
GO RALPH! | dev33 |
another ugly stereotype that is still alive and well in america. | dev33 |
I am so hurt, nancy. | dev33 |
so hurt. | dev33 |
Greetings Wayne: Sorry that I missed the last meeting. | dev33 |
I'll be attending by phone this week, but would like to attend in person as often as I can (understanding that our meetings will be weekly). | dev33 |
Now don't shoot me, but I was wondering if it might be possible to have the meetings on Thursday mornings. | dev33 |
That way I could actually be in Houston for the meetings (which my schedule doesn't permit me to do on Wednesdays). | dev33 |
If it's too complicated, don't sweat it; I can continue to do the meetings by phone. | dev33 |
But if Thursdays can fit into folks' schedule, that would be great. | dev33 |
Thanks and talk to you on Wednesday. | dev33 |
Best, Jeff | dev33 |
Have you drafted any talking points yet? | dev33 |
I'm working on what I'll focus on for the conference at Berkeley next Monday and would love to crib from your comments. | dev33 |
Best, Jeff | dev33 |
and do you get the discount for the 97 Reserve? | dev33 |
I've tried to capture in the document Dave sent around on Friday, the preliminary conclusions/directions we came up with in today's meeting. | dev33 |
If I've mangled or missed anything, please chime in. If folks have information (i.e., bullet points) to discuss at Wednesday's meeting regarding the various issue areas they're thinking about, please foward along to me by COB tomorrow and I'll compile for distribution first thing Wednesday morning. | dev33 |
Best, Jeff | dev33 |
SF all week. | dev33 |
go right ahead and choose me as a reviewer. | dev33 |
Wayne: If you insist, we can pass on Thanksgiving. | dev33 |
Others: Any problems with changing the meeting to Thursdays? | dev33 |
If the meetings are going to continue on a weekly basis, I'd like to try to attend in person as much as possible (i.e., schedule permitting). | dev33 |
Currently, my schedule doesn't permit me to be in Houstons on Wednesday mornings. | dev33 |
But Thursdays would work. | dev33 |
If it makes things too complicated, not a problem. | dev33 |
Best, Jeff | dev33 |
You're welcome. | dev33 |
Question: re: "cat herding." | dev33 |
Do we have the participants list yet? | dev33 |
I've got a call in to Smutney (IEP)---Sue talked to him about the cap yesterday and I'm piling on today. | dev33 |
If we can give Smutney an alternative to "the $150 cap's OK," then we can likely persuade him. | dev33 |
Tim: Be useful to know as soon as possible if the alternative Steve suggests below (i.e., >$150 bids with no disclosure) is palatable. | dev33 |
If other specific CA generators are participating on the panel, we'll need to know who they are in order to "assist" them with their price cap-related comments. | dev33 |
Best, Jeff | dev33 |
Dave and I talked. | dev33 |
I've talked to Chris Foster (midmarket in Portland). | dev33 |
He's sending me 1) illustrative examples of offers we've made to each of the three IOUs, 2) deals we've done with the IOUs to date (only one thus far with PG&E). | dev33 |
Laird Dyer will get back to me with the muni deals we've thus far Best, Jeff | dev33 |
Hi. | dev33 |
My palm for some reason isn't syncing. | dev33 |
Could you have Chris give me a call to try to get it to work? | dev33 |
Thanks a bunch. | dev33 |
Best, Jeff | dev33 |
Thanks. | dev33 |
I can be on the call. | dev33 |
One other thing. | dev33 |
If there's anything you need me to do re: Bowen's bill for services, don't hesitate to let me know. | dev33 |
Best, Jeff | dev33 |
de nada | dev33 |
Thanks a million. | dev33 |
Will keep you in the loop on what's going on between now and Thursday. | dev33 |
And don't hesitate if you need anything, or if there's anything that you want to add to the stew. | dev33 |
plz call asap re: dow reporter called to talk ISO peakers. | dev33 |
thx, jeff | dev33 |
plz chk email re: conversation w/smutney on price caps. | dev33 |
best, Jeff | dev33 |
To help herd cats, might be useful to get to the generators via multiple contact points. | dev33 |
My understanding is that the Houston-to-Houston contacts are good ones. | dev33 |
We'll continue to work it via IEP and generator contacts here in California. | dev33 |
Steve: I'm not sure how far along you are with the comments, but California's insistence on micro-managing utility purchases is really standing in the way of developing a competitive, functional market. | dev33 |
The prospect of having Ms. Lynch in particular and the State of California generally as a counter party in every transaction is a huge disincentive for the utilities to transact. | dev33 |
(Though the situation in California has now put the utilities into a "damn the torpedoes" mode and persuaded them to transaction despite the regulatory risk.) Clearly, the first best answer is utility-out-of-the-merchant-function. | dev33 |
But given the political climate in California, we're likely to have the utility in the role of buyer, at least in the near term. | dev33 |
For the market to work in a structure with utility as buyer, the CPUC and California need to get out of the way. | dev33 |
Otherwise, it's a never-ending quagmire. | dev33 |
A couple of PUCs ago, the CPUC set up an incentive mechanism for utility gas procurement. | dev33 |
Under that mechanism, a benchmark is set. | dev33 |
If the utility beats the benchmark, it shares the benefits with consumers. | dev33 |
If it does worse than the benchmark, it shares the pain with consumers. | dev33 |
It's a model that works, that's simple and that's compatible with competitive markets. | dev33 |
It ain't perfect, but it's head and shoulders above the regulator-as-counterparty that the current PUC has put in place. | dev33 |
Given the brief time you'll have, there may be other more critical issues, but this one is getting increasing attention out here in the land of lunacy. | dev33 |
Jeff | dev33 |
Nope. | dev33 |
Hey, I know it's a pain, but I think there would be value in getting together (if folks are available) on Thursday evening from 7-10 with (lots of) beer and pizza and grind through the finance case. | dev33 |
We can do it at my apartment, or anywhere else you folks would like to do it. | dev33 |
Thoughts? | dev33 |
as far as i'm concerned ted' off the team, period. | dev33 |
(we kid!) Tomorrow's fine with me. | dev33 |
Jeez, you're a superman. | dev33 |
Talk to you on the call tomorrow. | dev33 |
Your panel: Bill Reed: 619.696.4542 Mike Florio 415.929.8876 Terry Winter: 916.351.2222 Jim Macias: 925.600.2306. | dev33 |
Between us, we know them all well. | dev33 |
Be happy to help contact. | dev33 |
Best, Jeff | dev33 |
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