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Enron Mail |
Dale:
Please see my revisions to the PJM Index below. The Floating Price during a Determination Period shall be the average of the hourly prices listed in the Index (in final, not estimate, form) for electricity delivered during Peak hours on each Delivery Day during the applicable Determination Period. The Floating Price for each Determination Period shall be calculated utilizing the hourly clearing prices published by PJM Interconnection, LLC on its official web site currently located at http://www.pjm.com/pub/account/lmp/index.html ftp://www.pjm.com/pub/account/lmp/index.html, or any successor thereto, under the headings "PJM - Locational Marginal Pricing Files; Western Hub" (the "Index"). Please note that we need to change the Pwr Fin Swap description to revise the payment terms. Sara and I have met and discussed this issue with the relevant folks in great detail and determined that the current language is not reflected in reality. We also need to change the index definition for the ISO NE index to delete the reference to "in final, not estimate, form". Attached please find the revised long product descriptions for both ISO NE and the NYISO. Call me in the morning to discuss. I have a meeting at 10, so try me before that time if you get a chance. Leslie Dale Neuner 06/14/2000 08:24 AM To: Leslie Hansen/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Eric Saibi/Corp/Enron@ENRON cc: Kenny Ha/HOU/ECT@ECT, Jennifer deBoisblanc Denny/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Tara Sweitzer/HOU/ECT@ECT Subject: Re: PJM Prices US East Power Swap Legal/Commercial: Here is my suggestion for the PJM Index. I will use a PJM Peak Loadshape that mirrors the ISO NE and ISO NY Loadshape. Kenny; et al: Please map in TEST and PROD Index: PJM Interconnection Abb: PJM InterC Sort Code: Desc: The Floating Price during a Determination Period shall be the average of the hourly prices listed in the Index (in final, not estimate, form) for electricity delivered during Peak hours on each Delivery Day during the applicable Determination Period. The Floating Price for each Determination Period shall be calculated utilizing the hourly clearing prices published by PJM Interconnection, LLC on its official web site currently located at http://www.pjm.com/pub/account/lmp/index.html, or any successor thereto, under the heading "PJM - Locational Marginal Pricing Files" (the "Index"). Dale 3-9746 Eric Saibi@ENRON 06/13/2000 12:13 PM To: Dale Neuner/HOU/ECT@ECT cc: Subject: PJM Prices The appropriate address is ftp://www.pjm.com/pub/account/lmp/index.html This is the same as going to www.pjm.com, clicking on "Market & System Data", and then clicking on "Daily Real Time LMP Data".
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