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Enron Mail |
Cc: bcherry@sempra.com, alexanms@sce.com, paulamirault@aec.ca,
david.bayless@utility.com, tomb@crossborderenergy.com, burkee@cts.com, craigc@calpine.com, rick.counihan@greenmountain.com, jdasovic@enron.com, mday@gmssr.com, bdingwall@unitedgas.com, douglass@arterhadden.com, eke@aelaw.com, jfawcet@enron.com, rfoss@coral-energy.com, plg@cpuc.ca.gov, johnj@bcjlaw.com, johnson_pamela@lacoe.edu, karpjos@sf.whitecase.com, jleslie@luce.com, kmccrea@sablaw.com, rmp@cpuc.ca.gov, porterdk@sce.com, rochmanm@cubjpa.org, rochmanm@spurr.org, susan.scott@enron.com, rbeamish@sempra.com, rbetonte@socalgas.com, tbrill@sempra.com, gcotton@sdge.com, redavis@sempra.com, sdavis@sdge.com, pfair@sdge.com, dfollett@sempra.com, efong@sdge.com, kfreeman@sempra.com, mgaines@socalgas.com, jharrigan@socalgas.com, jhay@sempra.com, ljhubbard@sempra.com, llorenz@socalgas.com, nmcvay@socalgas.com, rmorrow@socalgas.com, rpurves@sdge.com, rrawlings@socalgas.com, tp3dlr@socalgas.com, wreed@sempra.com, wsakarias@sdge.com, lschavrien@sempra.com, asmith@sempra.com, tp4lms@socalgas.com, gsullivan@sempra.com, tsurak@socalgas.com, jsuwara@sempra.com, etakemura@socalgas.com, jteeter@sdge.com, tp2jxv@socalgas.com, swatson@socalgas.com, gwright@sempra.com, dbarker@socalgas.com, lindseyhowdowning@dwt.com, chj@aelaw.com, plg@cpuc.ca.gov, bsl@cpuc.ca.gov, ack@aelaw.com, enelson@socalgas.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: bcherry@sempra.com, alexanms@sce.com, paulamirault@aec.ca, david.bayless@utility.com, tomb@crossborderenergy.com, burkee@cts.com, craigc@calpine.com, rick.counihan@greenmountain.com, jdasovic@enron.com, mday@gmssr.com, bdingwall@unitedgas.com, douglass@arterhadden.com, eke@aelaw.com, jfawcet@enron.com, rfoss@coral-energy.com, plg@cpuc.ca.gov, johnj@bcjlaw.com, johnson_pamela@lacoe.edu, karpjos@sf.whitecase.com, jleslie@luce.com, kmccrea@sablaw.com, rmp@cpuc.ca.gov, porterdk@sce.com, rochmanm@cubjpa.org, rochmanm@spurr.org, susan.scott@enron.com, rbeamish@sempra.com, rbetonte@socalgas.com, tbrill@sempra.com, gcotton@sdge.com, redavis@sempra.com, sdavis@sdge.com, pfair@sdge.com, dfollett@sempra.com, efong@sdge.com, kfreeman@sempra.com, mgaines@socalgas.com, jharrigan@socalgas.com, jhay@sempra.com, ljhubbard@sempra.com, llorenz@socalgas.com, nmcvay@socalgas.com, rmorrow@socalgas.com, rpurves@sdge.com, rrawlings@socalgas.com, tp3dlr@socalgas.com, wreed@sempra.com, wsakarias@sdge.com, lschavrien@sempra.com, asmith@sempra.com, tp4lms@socalgas.com, gsullivan@sempra.com, tsurak@socalgas.com, jsuwara@sempra.com, etakemura@socalgas.com, jteeter@sdge.com, tp2jxv@socalgas.com, swatson@socalgas.com, gwright@sempra.com, dbarker@socalgas.com, lindseyhowdowning@dwt.com, chj@aelaw.com, plg@cpuc.ca.gov, bsl@cpuc.ca.gov, ack@aelaw.com, enelson@socalgas.com X-From: jmpa@dynegy.com X-To: "Amie C. King" <ack@aelaw.com< X-cc: "'Cherry, Brian - TPBKC'" <BCherry@sempra.com<, AlexanMS@sce.com, paulamirault@aec.ca, david.bayless@utility.com, Tomb@crossborderenergy.com, Burkee@cts.com, Craigc@calpine.com, Rick.Counihan@greenmountain.com, Jdasovic@enron.com, Mday@gmssr.com, bdingwall@unitedgas.com, Douglass@arterhadden.com, eke@aelaw.com, Jfawcet@enron.com, rfoss@coral-energy.com, plg@cpuc.ca.gov, johnj@bcjlaw.com, Johnson_Pamela@lacoe.edu, karpjos@sf.whitecase.com, jleslie@luce.com, kmccrea@sablaw.com, rmp@cpuc.ca.gov, porterdk@sce.com, RochmanM@cubjpa.org, RochmanM@spurr.org, susan.scott@enron.com, "'Beamish, Richard - TPRMB'" <RBeamish@sempra.com<, "'Betonte, Robert - TP2RSB'" <RBetonte@socalgas.com<, "'Brill, Thomas R.'" <TBrill@sempra.com<, "'Cotton, Gary'" <GCotton@SDGE.com<, "'Davis, Robert E.'" <REDavis@sempra.com<, "'Davis, Steven D.'" <SDavis@SDGE.com<, "'Fair, Pam'" <PFair@SDGE.com<, "'Follett, B. David - TPDBF'" <DFollett@sempra.com<, "'Fong, Ed'" <EFong@SDGE.com<, "'Freeman, Kimberly'" <KFreeman@sempra.com<, "'Gaines, Mark - TPMFG'" <MGaines@socalgas.com<, "'Harrigan, James P. - TP1JPH'" <JHarrigan@socalgas.com<, "'Hay, James E.'" <JHay@sempra.com<, "'Hubbard, Lisa J.'" <LJHubbard@sempra.com<, "'Lorenz, Lad - TPLPL'" <LLorenz@socalgas.com<, "'McVay, Nancy W - TPNWM'" <NMcVay@socalgas.com<, "'Morrow, Rick - TP3RMM'" <RMorrow@socalgas.com<, "'Purves, Ralph A.'" <RPurves@SDGE.com<, "'Rawlings, Roy - TP4RMR'" <RRawlings@socalgas.com<, "'Reed, Debra L. - TP3DLR'" <TP3DLR@socalgas.com<, "'Reed, William'" <WReed@sempra.com<, "'Sakarias, Wayne P.'" <WSakarias@SDGE.com<, "'Schavrien, Lee'" <LSchavrien@sempra.com<, "'Smith, Anne S. - TPASS'" <ASmith@sempra.com<, "'Stewart, Lee M. - TP4LMS'" <TP4LMS@socalgas.com<, "'Sullivan, Glen J.'" <GSullivan@sempra.com<, "'Surak, Thomas M. - TP1TMS'" <TSurak@socalgas.com<, "'Suwara, J.- TPJUS'" <JSuwara@sempra.com<, "'Takemura, Earl - TPEKT'" <ETakemura@socalgas.com<, "'Teeter, James S.'" <JTeeter@SDGE.com<, "'Van Lierop, Jan - TP2JXV'" <tp2jxv@socalgas.com<, "'Watson, Steven - TP2SAW'" <SWatson@socalgas.com<, "'Wright, Gillian - TP1GXW'" <GWright@sempra.com<, "'Barker, David - TPDTB'" <DBarker@socalgas.com<, "'How-Downing, Lindsey'" <lindseyhowdowning@dwt.com<, "'Jun, Christine'" <chj@aelaw.com<, "'Gileau, Pat'" <plg@cpuc.ca.gov<, "'Khoury, Dexter'" <bsl@cpuc.ca.gov<, ack@aelaw.com, "'Nelson, Eric B. - TPEBN'" <ENelson@socalgas.com< X-bcc: X-Folder: \Susan_Scott_Dec2000_June2001_1\Notes Folders\Discussion threads X-Origin: SCOTT-S X-FileName: sscott3.nsf With regard to your open season testimony, I would remove the last paragraph (noted below) on market concentration "As noted above, the concentration limit applies only in the primary market. There are currently no controls in these rules against market concentration in the secondary market. While the unconstricted nature of the secondary market will facilitate more and new entrants in the capacity market, this fluid quality nevertheless creates a risk of concentration, insofar as capacity that was awarded in the initial Open Season may be assigned to any creditworthy market participant and without market share limits. Indeed, the Comprehensive Settlement does not provide for a mandatory electronic bulletin board for secondary market trades and, accordingly, tracking secondary market trades would be complicated and administratively infeasible. Nonetheless, the Commission should remain cognizant of the risk of market concentration and commit to respond to any such complaints raised by market participants." With all due respect, it is a rather transparent attempt to get the Commission to focus on on the secondary market issue. We agreed to exclude secondary market acquisitions as a measure of market concentration. The above paragraph signals the Commission that this is a problem and dilutes the value of the testimony.
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