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Further, the problem has been less about government failing to provide adequate incentives to utilities than it has been about a failure of the current commission to opening the grid on a nondiscriminatory basis.
dev37
Once utilities are in the open access transmission business they will look for ways to invest in the grid and stop getting in the way of independent power producers who want to connect to the grid.
dev37
The answer is open access, so power can get from where it is to where it is needed.
dev37
This has been clear for a long time, yet the current administration (and its appointees on FERC) have yet to use their authority to make this happen.
dev37
The result: spiking prices and reliability problems.
dev37
calendar and meeting file
dev37
Looks good
dev37
calendar
dev37
I would like to do this, but I have a speaking engagement the next day -- do the time zones work out so that I can do both or do I need to find a sub for the nov 1 speech?
dev37
Jeff Skilling proposed a solution to Gov Davis to solve the supply and pricing problems in the California market.
dev37
In summary, the proposal would have a neutral party conduct an auction wherein the utilities would seek bids for 5-10 year packages of power from suppliers.
dev37
The gov asked if anyone had successfully conducted such an auction in the industry already.
dev37
I need your help to identify and describe any such examples (European or North American) by mid day Monday.
dev37
Jeff and I will have a follow up call with the governor on Monday.
dev37
Thanks
dev37
For the call with Davis this am.....
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let's bring him in
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Per our discussion
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See first item below
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Just a "heads up" ...
dev37
Ken may get a call from Gov Gilmore regarding the Republican Governors' Association.
dev37
Below are Sue Landwehr's recommendations (with which I concur).
dev37
Let me know if he calls and let us know if you need any additional information.
dev37
I share your perceptions of Jose, though I don't have as much contact as you do.
dev37
I know also from some recent discussions with Rick (who has also had a fair amount of contact with Jose) that he has very positive views on Jose's work.
dev37
I think we should make a concerted effort to get the feedback and have a good discussion about Jose at year end to ensure that he is properly ranked.
dev37
FYI
dev37
Mark has some editorial changes to the letter if there is still time
dev37
What do you think?
dev37
If you think this would be useful, go ahead and order it.
dev37
What have they done for us?
dev37
I won't be on the call, but will fax my comments to you this am
dev37
I've got a few too many speeches coming up.
dev37
You are probably in the best position to address this crowd (time for the student to teach the teacher), but I'd understand if you think it would be awkward (the we should just decline).
dev37
Do you guys follow these reports?
dev37
Do we need to correct them?
dev37
When we talked about me speaking at the conference in Nov. Enron's management conference had not yet been scheduled.
dev37
Now it has and, of course, it conflicts...
dev37
it also conflicts out just about every other senior person at Enron.
dev37
I will take care of finding a substitute, but wanted your thoughts on a couple of candidates: how about Seabron Adamson, Richard Tabors or Scott Magrane(sp?).
dev37
The latter is at Goldman Sachs and, last time I talked to him, was working on Transcos.
dev37
Let me know what you think and let me know who you were working with at FEBA so I can take care of the problem.
dev37
Thanks
dev37
I mentioned the need to call Gramm in the exec committee meeting today and Ken is willing to do it.
dev37
The talking points ISDA sent looked fairly generic.
dev37
Given Ken's relationship, and the fact that he has talked to Gramm previously on the subject, what should we ask Ken to cover?
dev37
I'd like to give him a background document and talking points like we did last time.
dev37
I will send it by fax to you Chris and would appreciate it if you could update it as appropriate.
dev37
Do you still expect Guinn to call Ken?
dev37
If so, do we have updated talking points (and background) for Ken?
dev37
I want to keep my subscription current.
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calendar
dev37
Contact Mike Terraso (who heads the environmental function) and Mike Hicks (who oversees corporate security).
dev37
sounds good, but i couldn't open the file.
dev37
could you send hard copy
dev37
I'd love to but I'll be in London
dev37
sounds good.
dev37
I think we should not talk about the conversations with the governor .
dev37
.
dev37
.
dev37
I'd rather not prompt them to go to the gov (presumably to object to the gov talking to us without talking to them at the same time).
dev37
I will be out of the country on Wednesday
dev37
Nick Lampson called and asked for a contribution.
dev37
I committed to one without knowing about his vote on PNTR.
dev37
I will keep my word by making an individual contribution but will also communicate to him that in my capacity as Enron PAC chair i cannot authorize the PAC to make a contribution as a result of that vote.
dev37
Sorry I jumped the gun.
dev37
What do you think he'll add?
dev37
looks good
dev37
I assume we avoid Libya completely.
dev37
The question, though, may be how we proceed if we are doing business with someone who has activities in Libya.
dev37
Your views please.
dev37
I may need to spend some time with you in advance, but you don't have to plan on coming here.
dev37
I think the presentation looks good.
dev37
In the meeting itself I think you should go heavy on the argument that it makes no sense for Sempra shareholders to be in a commodity market as a regulated entity -- the "heads they win tails you lose" argument.
dev37
please print
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please print
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print
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print first attachment only
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print
dev37
coule you get Jeannie copies of the slides or other write ups you have on this.
dev37
Jeannie -- I don't know how far it is prudent to take a position on this as a co.
dev37
It has already become a key battleground (garnering some discussion in the Gore-Lieberman debate).
dev37
I think we stay away from it as a co., but we at least ought to put the information in front of anyone we are asking to do an oped so that they can make a reasoned judgement.
dev37
please print
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print
dev37
please print
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print
dev37
please print
dev37
do we need bus cards
dev37
Pete van de gohm suggested we might want to get something out on the mideast situation as well -- a sort of travel advisory.
dev37
Please follow up with him.
dev37
I know that for our mideast project people we have been taking care of this in David Haug's old organization.
dev37
See if there is anything else we need to be doing.
dev37
Dennis Vegas may be able to provide you with a way to get the info you need.
dev37
print
dev37
This could become a very deep pit.
dev37
I don't want to distract you from theprimary mission, but there may be a solution which gets them what they needand doesn't pull you away from the North American effort -- you could "deputize" Jane Wilson to help out on this.
dev37
Jane, as usual, has embeddedherself deeply in the Enron India organization as VP of Gov't Affairs and can be a sound source of information for you as well as an agent for you in India.
dev37
Think about contacting her and getting her help.
dev37
Also, we have never explicitly talked about whether your focus is North American or world wide.
dev37