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Enron Mail |
Mark, I called earlier today and left a lengthy phone message........sorry about that - we had a trading issue in the middle of my conversation with you. Anyway, I received the following question from some of our Retail folks. If you could help answer this question I would really appreciate it. Jeff Miller and I are planning to visit Austin next Friday to discuss Settlements. We look forward to meeting you. Are you a golfer? We may try to play Friday afternoon. JForney -----Original Message----- From: Maheu, Peter Sent: Wednesday, August 08, 2001 8:28 AM To: Forney, John M. Subject: Re: ERCOT SETTLEMENTS ---------------------- Forwarded by Peter Maheu/HOU/EES on 08/08/2001 08:27 AM --------------------------- Peter Maheu 07/30/2001 12:55 PM To: John M Forney/ENRON@enronXgate @ ENRON cc: Kenneth Farrar/HOU/EES@EES, Gary Galow/HOU/EES@EES Subject: Re: ERCOT SETTLEMENTS Example assumptions: Market consists entirely of 4 QSEs who have the following schedule-actual variances in a particular hour; A=+50MW; B=+50MW; C=-25MW & D=-25MW. Market energy price is $100/MWH. Since money paid by C & D is insufficient to fully reimburse A & B (5000+5000-2500-2500=5000), what happens in the settlement? Do A & B get proportionally less than they otherwise would have gotten? Or, is there a banking mechanism that builds up in hours where there are overages and is drawn down in hours where there are shortages (such as example above)? <Embedded StdOleLink< <Embedded Picture (Device Independent Bitmap)<
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