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Enron Mail |
CONFIDENTIAL -- FERC SETTLEMENT DISCUSSIONS
I have proposed quite a few changes and additions to the list. I also ask some questions re some of the items listed. I added a section on Retail Reforms -- we cannot settle with the state unless we settle everything -- otherwise we know the outcome to expect. regarding your question on hourly day ahead markets -- I assume you're referring to the energy market that the PX used to run, because the CAISO already has day-ahead markets for congestion and ancillary services. I discussed this proposal with Tim in March because the ISO's filing at FERC for market reforms had the ISO setting up such a market -- essentially putting the former PX inside the ISO (and for all you historians, finally creating the dream of POOLCO for California). Tim asked us to oppose that proposal -- his view at the time was that we didn;t want the ISO running energY markets, because private third parties could do a much better job of that. So, we opposed that in our filings commenting on the ISO's proposal in March. I'll be in the office Wednesday (Oops! Today). Can we discuss this list and where we are headed? Sue Mara Enron Corp. Tel: (415) 782-7802 Fax:(415) 782-7854 Ray Alvarez 06/26/2001 05:46 PM To: Jeff Dasovich/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Alan Comnes/Enron@EnronXGate, Tim Belden/Enron@EnronXGate, jeff.richter@enron.com cc: James D Steffes/NA/Enron@Enron, Robert Frank/NA/Enron@Enron Subject: CONFIDENTIAL Necessary Market Reforms for CA. For your review/comment. We are potentially submitting these points into settlement discussions. Do we want to propose that the CAISO develop the systems to implement hourly day ahead markets? Is this ok with Jeff Richter? Ray ---------------------- Forwarded by Ray Alvarez/NA/Enron on 06/26/2001 08:36 PM --------------------------- Ray Alvarez 06/26/2001 08:29 PM To: biggsbg@bp.com, harry.singh@neg.pge.com, rloeffler@mofo.com, john-meyer@reliantenergy.com, ddickson@avistaenergy.com, doug.little@powerex.com, linda.lee@ferc.fed.us cc: James D Steffes/NA/Enron@Enron, Robert Frank/NA/Enron@Enron Subject: CONFIDENTIAL Necessary Market Reforms for CA. Per our discussion, please find attached the first draft of the referenced document.
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