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fyi jmf -----Original Message----- From: "Patterson, Mark" <MPatterson@ercot.com<@ENRON [mailto:IMCEANOTES-+22Patterson+2C+20Mark+22+20+3CMPatterson+40ercot+2Ecom+3E+40ENRON@ENRON.com] Sent: Tuesday, September 25, 2001 8:57 AM To: Forney, John M. Subject: RE: More questions John, A resolution to this issue has not been made. Obviously we will need to have a resolution prior to final settlement. -----Original Message----- From: Forney, John M. [mailto:John.M.Forney@ENRON.com ] Sent: Monday, September 24, 2001 5:59 PM To: Mark Patterson (E-mail) Cc: Bolt, Laurel; Grace, Rebecca M.; Miller, Jeffrey Subject: More questions Mark, Hope all is well in Taylor. I have a couple of questions about OOMC capacity payments. As discussed in our meeting, I received a manual OOMC on Thursday 9/13 (10:30 pm) from Terry at the ISO. He reserved 220 mw of capacity from the Frontera unti for hours ending 9-2400 for Friday, Sept 14th. We were, indeed, exercised on Friday. I think that we understand the payment for the energy portion of the exercise. However, we are not certain what we will be paid for the capacity portion, as the formula for OOMC payment is based upon the Replacement reserve market. The replacement reserve prices have been zero. Could you provide some help on this? Thanks, J Forney ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. **********************************************************************
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