California and DOE Order

DOE and FERC just briefed the Hill and confirmed they never issued the Order
yesterday since Bonneville released a lot more power late yesterday. The
Administration advised that if the situation warrants, they will indeed issue
the Order. This remains a fluid situation with Richardson yesterday
announcing his intent to "sign an Order" which his staff had not yet written
while in the interim BPA acted so as to make his announcement moot.

We will continue to apprise you of the developments including reports of
FERC's surprise site inspections.