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Enron Mail |
Nice job. You take a self-promotion course over the weekend?
Susan J Mara 04/24/2001 10:33 AM To: Karen Denne/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Ray Alvarez/NA/Enron@ENRON, Alan Comnes/PDX/ECT@ECT, Steve Walton/HOU/ECT@ECT cc: Subject: Western Power Trading Forum Press Release on ISO Plan I proposed the FERC filing, helped draft it, proposed the press release and helped shape it. Sue Mara Enron Corp. Tel: (415) 782-7802 Fax:(415) 782-7854 ----- Forwarded by Susan J Mara/NA/Enron on 04/24/2001 08:30 AM ----- Gary Ackerman <foothill@lmi.net< 04/23/2001 08:23 PM Please respond to foothill To: webmaster <charlotte@wptf.org< cc: Subject: Western Power Trading Forum Press Release PRESS RELEASE Menlo Park, CA April 23, 2001 TRADE GROUP BLASTS ISO PLAN TO STABILIZE MARKETS The Western Power Trading Forum (WPTF), last week sent federal regulators a stern warning that the California Independent System Operator's (CAISO) plan to "stabilize" the California market will cause more blackouts in the West, chase away much-needed new generation, and jack up wholesale power costs. WPTF warned the Federal Energy Regulatory Commission (FERC) that the CAISO proposal will have an extremely detrimental impact on power markets in California as well as other electricity markets throughout the Western Region. "Their plan imposes price caps and curtailment of power exports," said Gary Ackerman, executive director of the group. If approved, the CAISO plan, called the Market Stabilization Plan, will create disincentives for the development of additional generation capacity, precisely the wrong signal that needs to be sent at this time. As a result, in addition to leading to higher costs, the Plan will impair reliability in California and throughout the West. WPTF found that the CAISO's proposal to curtail exports is particularly troublesome and potentially interferes with interstate commerce in violation of the Federal Power Act ("FPA"). "This plan is yet another attempt to heap more rules on an already overruled market. This is the kind of misguided thinking that got California into its current mess. Their plan is too complex, academic, and does absolutely nothing to address the real issues of low supply and high demand. Consequently, the plan will have exactly the opposite effect," Ackerman commented. The WPTF supports the FERC's pro-competitive policies under Order No. 2000 for regional approaches to interstate electricity markets. The membership of WPTF includes power marketers, scheduling coordinators, power exchanges, generators and other active participants in the restructured California electric market. The members share a common mission of enhancing competition in electric markets. WPTF actions are focused on supporting the development of competitive electricity markets throughout the region and developing uniform operating rules to facilitate transactions among market participants.
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