Enron Mail

From:mark.schroeder@enron.com
To:james.steffes@enron.com
Subject:Re: Benefits of competition in electricity
Cc:jeff.dasovich@enron.com
Bcc:jeff.dasovich@enron.com
Date:Fri, 5 Jan 2001 11:21:00 -0800 (PST)

thanks mcs


From: James D Steffes@ENRON on 05/01/2001 09:07 CST
To: Jeff Dasovich/NA/Enron@Enron
cc: Mark Schroeder/LON/ECT@ECT

Subject: Re: Benefits of competition in electricity

Jeff -

Can you please keep Schroeder in the loop on all final documents that we
would use? Europe is talking about how crazy Calif is and we need to make
sure that they are in the loop.

Jim


----- Forwarded by James D Steffes/NA/Enron on 01/05/2001 09:06 AM -----

Mark Schroeder@ECT
01/05/2001 08:44 AM

To: James D Steffes/NA/Enron@ENRON
cc:
Subject: Re: Benefits of competition in electricity

yes, send me copies of everything, I can sort out what we can use or should
pass on. thanks mcs


From: James D Steffes@ENRON on 05/01/2001 08:34 CST
To: Mark Schroeder/LON/ECT@ECT
cc:

Subject: Re: Benefits of competition in electricity

Mark --

FYI, we gave the following to the Bush Transition team about what is really
happening in California. If there is anyone on your team (you?) who should
be getting copies of the material we generate, let me know so that we can
copy.

Jim







Mark Schroeder@ECT
01/05/2001 07:56 AM

To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Margaret
Carson/Corp/Enron@ENRON, Rob Bradley/Corp/Enron@ENRON, govt affairs, Nicholas
O'Day/AP/Enron@Enron
cc: John Sherriff/LON/ECT@ECT, Joseph P Hirl/AP/ENRON@ENRON, Paul
Mead/LON/ECT@ECT
Subject: Benefits of competition in electricity

As we all deal with the fallout from the California scene, I wanted to make
sure everyone was aware of the recent report of the UK's National Audit
Office (a highly creible organisation, along the lines of the US's General
Accounting Office, even similar function; independent, too), saying that
household electricity bills had been cut by 750 million pounds (if you are a
Yank, multiply by 1.5 for dollars saved), since the industry was opened to
competition two years ago. Of course, much of this may be attributable to
the divestment of assets in the oligopolistic generation sector, now
competitive, but it is a very fari example of the benefits of competition and
should be cited as a counterweight to those arguing that competition is a
"failed experiment". Paul Dawson, head of our UK regulatory team, can
provide any necessary further insights./details. mcs