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Enron Mail |
I agree with this.
-----Original Message----- From: Rasmussen, Dale Sent: Tuesday, January 29, 2002 11:29 AM To: Miller, Don (Asset Mktg); Tweed, Sheila; Baughman, Edward; Richter, Brad; Haedicke, Mark E.; Sager, Elizabeth; Murphy, Harlan Cc: Hall, Steve C. (Legal); Crandall, Sean; Calger, Christopher F.; Thome, Stephen; Jones, Karen E.; Erwin, Kenton; Yoder, Christian Subject: BPA Termination of Contracts Importance: High Sensitivity: Confidential Yesterday we received a letter from BPA under which BPA terminated two of its agreements. Ed, Harlan and I discussed some aspects of this earlier today. Some additional information that Steve Hall and I just discussed is summarized below. The effect of this termination on our power scheduling is that the West Desk is now short by 202 MW over its earlier position. After termination the contract positions are: COB: 150 MW on peak (purchase from BPA) 200 MW off-peak (purchase from BPA) Mid-C: (339) MW on peak (delivery to BPA) (238) MW off peak (delivery to BPA) Terminated contract numbers: 97 PB-10123 (Wauna/James River) 98 PB-10277 (Firm Power Sale) The termination fo the Wauna/James River contract presumably also terminates the "book out" agreement negotiated earlier this year, and increases our net short position to BPA. Dale Rasmussen Tel: (503) 464-8863 Fax: (503) 464-8058 (and Steve Hall)
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