RE: Unforced capacity credits

Thanks for the price, he will look at it and get back to us. Also do you have an idea where ICAP in New York Zone J is trading for the next couple of years, (Cal02 and 03)? Nick

-----Original Message-----
From: Ring, Richard
Sent: Wednesday, September 26, 2001 10:20 AM
To: Politis, Nick
Cc: Misra, Narsimha
Subject: RE: Unforced capacity credits

Nick,

I spoke to Narshima about this deal. EESI would be bid at $46.00/MWD for Unforced Capacity Credits for Cal02. Are you asking if we would have a bid for the energy as well? If so, I would need to know the specific location for this generator (i.e. what point does this energy enter the PJM system).

Regards,

Richard

-----Original Message-----
From: Politis, Nick
Sent: Wednesday, September 26, 2001 9:40 AM
To: Ring, Richard
Subject: Unforced capacity credits

Richard,

Did Narsimha have a bid for 20 MW of Unforced Capacity Credits in PJM for Cal02? My customer would like to sell this as well as energy. I need to show him a price this morning. Nick