Enron Mail

From:m..presto@enron.com
To:l..nicolay@enron.com
Subject:RE:
Cc:
Bcc:
Date:Thu, 25 Oct 2001 03:56:23 -0700 (PDT)

We can't make a daily capacity market in the current environment.

-----Original Message-----
From: Nicolay, Christi L.
Sent: Wednesday, October 24, 2001 4:43 PM
To: Presto, Kevin M.
Subject:

Kevin --

In the Dynegy v. ComEd complaint, Dynegy states:

"Dynegy typically only sells capacity on an annual or seasonal basis for $1MM to $2 MM per 50 MW. Dynegy does not typically sell capacity on a daily basis."

Enron's argument against Dynegy will be that the FERC network transmission agreement does not give Dynegy a right to "capacity payments." Aside from that, maybe Enron can make a daily capacity market, since Dynegy clearly isn't making one. (And in the meantime, we of course continue to try killing "icap")