Enron Mail

From: mike.grigsby@enron.com To: ray.alvarez@enron.com Subject: Re: FERC's Prospective Mitigation and Monitoring Plan for CA Cc: Bcc: Date: Thu, 26 Apr 2001 00:40:00 -0700 (PDT) Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mike Grigsby X-To: Ray Alvarez X-cc: X-bcc: X-Folder: \Michael_Grigsby_Jun2001\Notes Folders\Sent X-Origin: Grigsby-M X-FileName: mgrigsb.nsf Thank you for the summary. Where can we find a detailed summary of the gas cost mechanism? Are we confident that it is an average of all border points into CA? If the real time price is capped at the least efficient generator, then what happens if this genertor can only buy Socal daily gas? This avergae CA gas price will lead to a tighter heat rate for the generators, since the spread between Malin and Socal has reached $7.00 at times. Thank you, Mike Grigsby