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Enron Mail |
MICHAEL GARRED @
NEWPOWER 03/13/2001 04:53 PM To: Chris Germany/HOU/ECT@ECT cc: Jeffrey Porter/HOU/NewPower@NewPower, Timothy Ray/HOU/NewPower@NewPower, Dick Jenkins/HOU/ECT@ECT Subject: TCo and Gulf Capacity for April 2001 Chris, As you and I both know and discussed, New Power will manage what used to be the old CES TCo and Gulf capacity starting in April, 2001. We have talked to the CDC's (COH, CPA, CMD, & CVA) have worked out the following with them: CMD & CVA CMD and CVA will recall all of the CES capacity on Gulf and TCo from you. They will subsequently re-release it to New Power effective April 1, 2001. New Power will execute it at that time. This should happen late this week or early next week. CPA CPA will not recall it form ENA and re-release to New Power. Can you permanently release all of that capacity at max rates to New Power as soon as possible effective April, 2001? COH For COH, the biggest pieces of capacity on TCo are FSS storage and corresponding SST contracts. They both expire in March 2001. Therefore nothing is required of ENA in terms of releasing them to New Power. There is a contract with an mdq of 1,000/day primary from Leach to COH 8-35 Pittsburgh (K#: 67694) that should be permanently released to New Power at max rates effective April, 2001. There are, I believe, about seven contracts (K#'s: 68918, 68915, 69148, 69693, 68916, 68917, 69149) with primary receipt point(s) in the Toledo agg area. The primary delivery points are 5-2 Parma, 5-7 Sandusky, and 7-4 Alliance. These contracts need to be permanently released to New Power at the following rates: 68918 - $5.171 68915 - $5.171 69148 - $5.171 69693 - $5.171 68916 - $5.181 68917 - $5.181 69149 - $5.181 Let me know that this okay. Michael H. Garred Manager, Risk Management The New Power Company 713-853-5488 Pager 888-620-2369 mgarred@newpower.com
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