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I'm wondering what if anything we gain from such an investment, but I have an open mind on it.
dev37
My only comment relates to the Azurix reference ...
dev37
it's not a significant part of the biz and things have changed recently.
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i don't think it merits reference.
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John -- I'm copying Janine and Barb on this message as they are most likely to be able to identify someone.
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Janine and Barb -- could one of you get in touch with John?
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congratulations on a great launch!
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The US press on the office opening has been great.
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If you haven't seen it, get in touch with Ann Schmidt.
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I believe the registration deadline for the Nov 7 election has passed.
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I'll ask Eliz to forward the registration materials to you so you can be ready for the next election.
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Also, if you were registered in Harris County before you may still be on the rolls at your old precinct ...
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you should ask.
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I don't want to disrupt building a more collegial relationship here, but I have some concerns about their reticence to sound more positive about reaching agreement on our two key issues.
dev37
Can we put the question differently: what are the barriers to their concurrence and what can we do together to address those barriers?
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If the barriers for EEI are insurmountable because of the recalcitrance of a few members, can they facilitate a dialogue between us and a more progressive group?
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I am very interested in pursuing this and I believe Enron presents an ideal case study for the purposes you outlined.
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I am copying Christie Patrick on this message and asking her to coordinate this for us.
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Christie has worked on other case studies and will be very helpful in navigating Enron for you.
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Let's add Rick, Jim and me
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Thanks, Barb.
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see resume attached
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Attached are a revised org chart and a revised org memo.
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Work form these drafts to incororate the handwritten changes I have given you.
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I will be on the first panel of the FERC California conference on Thursday.
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The format allows a 5 min presentation and then 60 min of Q&A.
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I need your help to make sure I have "Gore-like" command of the details.
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Please help with the following information: Enron project information (Parquet/McCubbin) -- please give me any presentations or summaries you have on the generation, or firm purchases, we have under way (or planned).
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I'll talk with you to find out what we are comfortable disclosing but please err on the side of giving whatever information you have.
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Updated Belden presentation (Hain/Belden) -- I believe the latest information was as of August; I think some of the information on the cost of peaking facilities is particularly eye-opening on the price cap issue.
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Comparison to PJM (Hartsoe/Novosel) -- Is the information we are seeking from the ISO and PX similar to information PJM already provides?
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If so, it would be nice to tie our requests back to something the Commission has already approved.
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Cancelled DSM projects (Mahoney) -- Again, I'll only use what we feel comfortable with, but it would help make our point if we can give examples of how price caps backfire when it comes to encouraging conservation.
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ISO/PX reports (Dasovich).
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I have the ISO market surveillance report.
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Is there another ISO report?
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If so, please get me a copy and provide a copy of the PX report too.
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CEC/Proposed generation update (Mara/Parquet) -- Need the basic information: proposed, waiting for permitting; how much/little the legislation did to expedite siting (ie are we still comfortable saying that it applies to less than 10%)?
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Soft cap(Belden/Hain) -- need a crisp explanation of why the "soft" nature of the cap is not sufficient.
dev37
Also, would we be OK if the Commission revised it to say that bids can be taken above 150 without special filing or reporting requirements, but those bids will be accepted at the price bid rather than applying to all lower bids as well (ie the highest bid at or below 150 clears the market, bids above 150 accepted at price bid as needed)?
dev37
Offers we have made/deals done (Parquet/Dasovich/ Mccubbin) -- Roseville plus any others, offer made to SDG&E -- I want to make the point that the market will provide solutions (below the retail price cap) if we get the utility (and the regulators) out of the merchant function.
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Herding the cats(Hartsoe/mccubbin/mara/dasovich): We are asking FERC to be courageous, do the right thing and ignore the politics.
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To be even halfway credible, we can't have IEP, EPSA, Dynegy or anyone else "squishing" on the price cap issue..
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We have never been closer to reform in California, we need these guys on board.
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Thanks.
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Attached is the presentation I used for a very general update on deregulation; it includes some California material.
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Looks good
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Ricardo -- Mark's organization is on point on this one.
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Dave Delaney has asked that we accelerate our look at space alternatives in Mexico City.
dev37
If you assume that you and Jaime and (perhaps) one person from EBS remain there, what do you think the cost is (or when can you let me know)?
dev37
FYI - we had a bomb threat this am.
dev37
It's a hoax..
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This e-mail made it into a reporter's hands and the reporter asked about this in the Clinton-Lazio debates in NY.
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CNN covered the hoax the next day.
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The US Postal Service denied it, of course.
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By the way, I have never seen a letter -- "P" -- following a bill number in the Congressional numbering system.
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oops -- thanks
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print
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print
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Do we have a sense for how many we can reach, how many we can't and where they are?
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Are whole offices (eg Tokyo) unreachable or is it only those who have home offices?
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calendar
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Please check schedule and respond
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I will be getting back from Washington late today, but will be in early in the morning (evening your time).
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Give me a call
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Just FYI.
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These guys did a great job on the polling here, but I can't speak to their other qualifications or their California ties.
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Thank you
dev37
Wendy Gramm (an Enron Board member) referred Jay Valesquez(sp?) to Jeff Skilling about an event in Dallas for Senator Lugar.
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The event is Sunday November 19 and Jeff is out of town.
dev37
Would you please give Jay a call and decide what we should do?
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Jay's number is 202-973-5980
dev37
Sandi deserves time off and she shouldn't have an obligation to do e-mail while she is out.
dev37
Further, I was only copying her on messages that many others received (so I don't need to hear back from her).
dev37
But, if this is a standard message going out to everyone while the fires continue to rage in California, I think it leaves a bad impression.
dev37
Can we find a way to direct urgent requests to someone else in the office or to someone on our external lobby team?
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Per my voicemail, attached is a proposed "statement" to open the Executive Committee meeting on Monday.
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Eliz -- does this allocation reflect the cuts we have already made?
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Don't worry about it ...
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sorry for putting you back on speaker.
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I just wanted Sue to hear (she enjoys utility bashing so much).
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Thanks for the comment on the hearing.
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In some respects I don't think the first panel could have gone much better; everyone thanked FERC for intervening (though for different reasons).
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The other staff reports are also looking good.
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Scott Miller has been a godsend -- somebody not afraid to tell it like it is.
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Does she have any interest in meeting one-on-one or is she just looking for a public hanging?
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I remain convinced that if we can just get the facts in front of people they will modulate their approach.
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See below.
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Can we get some help on the IBM issues?
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calendar
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There are a few other issues we need to look into: Larcamp told Hartsoe and I after the meeting that FERC may clarify that the price caps and reporting obligations apply only to bids into the PX and ISO -- ie no bilateral transaction will be subject to the requirements.
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He asked if knowing this would change any of our views (esp peaking plants, though I suspect it's already too late for that).
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My gut reaction is that so long as the market continues to clear through the centralized exchanges this "exemption" for bilateral transactions won't matter much, but let's think it through.
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Is EOL or APX an alternative?
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Massey specifically asked us to address forward markets in our comments.
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Specifically, "has FERC done everything it can to encourage forward market development?"
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In addition to any other points we might make, I think we should argue that "PJMing" the market won't facilitate and may even hinder forward market development.
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Also, we should advocate actions by FERC that take away second-guessing by the CPUC in order to reduce utility fears about contracting forward.
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We have to give the Commission a way out on price caps.
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We need to think through whether there is something we can live with here, or we should take the approach I took in my testimony: FERC should encourage the state to provide rate protection for selected customer classes by putting those requirements up for bid (ie get the utility out of the commodity business as much as possible).
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