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Enron Mail |
---------------------- Forwarded by Larry F Campbell/NA/Enron on 11/01/2000
03:53 PM --------------------------- "Englander, Scott" <sle@tca-us.com< on 10/26/2000 02:25:52 PM To: "Daniel Staines (E-mail)" <dstaine@ect.enron.com<, "Howard Fromer (E-mail)" <hfromer@enron.com<, "Scott Monson (E-mail)" <Scott.A.Monson@enron.com<, "Charles Decker (E-mail)" <cdecker@enron.com<, "Dennis Benevides (E-mail)" <dbenevid@enron.com<, "Gautam Gupta (E-mail)" <Gautam.Gupta@enron.com<, "George Hopley (E-mail)" <ghopley@enron.com<, "George Wood (E-mail)" <George.Wood@enron.com<, "H. Jeffrey Ader (E-mail)" <jeffery.ader@enron.com<, "Janelle Scheuer (E-mail)" <janelle.scheuer@enron.com<, "John Llodra (E-mail)" <John.Llodra@enron.com<, "John Zurita (E-mail)" <jzurita@enron.com<, "Kayne Coulter (E-mail)" <kcoulte@enron.com<, "Larry F. Campbell (E-mail)" <Larry.F.Campbell@enron.com<, "Paul Broderick (E-mail)" <Paul.J.Broderick@enron.com<, "Paul Thomas (E-mail)" <Paul.D.Thomas@enron.com<, "Richard Ring (E-mail)" <richard.ring@enron.com<, "Robert Stalford (E-mail)" <robert.stalford@enron.com<, "Suneet Sharma (E-mail)" <ssharma@enron.com<, "Tom Dutta (E-mail)" <tom.dutta@enron.com<, "Tom May (E-mail)" <tom.may@enron.com<, "Zal Masani (E-mail)" <Zal.Masani@enron.com< cc: "Christi Nicolay (E-mail)" <Christi.L.Nicolay@enron.com< Subject: NYISO Newsflash: External load a good deal All, ? You may already be aware of this, but NYISO staff just revealed in a meeting that significant opportunities exist to purchase in real time from the NYISO LBMP market at the PJM proxy bus (i.e., as an external load), due to the impact of ECA 1006B.? When the tie is import constrained in BME, prices there since the 1006 ECAs were implemented have been as low as -$1000.? In this case the BME price would be used for settlement, and you would be paid $1000/MWh to export power there (as your export would offset inbound congestion). ? As more people begin to take advantage of this, the BME prices can be expected to be less negative. ? Caution!? If you schedule a transaction DA, but it fails the DA checkout, when there is congestion on the ties in BME, you will have to settle the difference at the BME price, and could get hammered. ? NYISO will probably issue a bulletin about this later today. ? Scott
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