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Enron Mail |
Cc: steve.walton@enron.com, alan.comnes@enron.com, leslie.lawner@enron.com,
rebecca.cantrell@enron.com, donna.fulton@enron.com, jeff.dasovich@enron.com, christi.nicolay@enron.com, james.steffes@enron.com, dave.perrino@enron.com, paul.kaufman@enron.com, susan.scott@enron.com, ray.alvarez@enron.com, paul.kaufman@enron.com, james.steffes@enron.com, richard.shapiro@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: steve.walton@enron.com, alan.comnes@enron.com, leslie.lawner@enron.com, rebecca.cantrell@enron.com, donna.fulton@enron.com, jeff.dasovich@enron.com, christi.nicolay@enron.com, james.steffes@enron.com, dave.perrino@enron.com, paul.kaufman@enron.com, susan.scott@enron.com, ray.alvarez@enron.com, paul.kaufman@enron.com, james.steffes@enron.com, richard.shapiro@enron.com X-From: Susan J Mara X-To: Tim Belden, Mike Swerzbin, Michael M Driscoll, Matt Motley, Robert Badeer, Diana Scholtes, Sean Crandall, Chris Mallory, Jeff Richter, Tom Alonso, Mark Fischer, Phillip Platter, Carla Hoffman, Christopher F Calger, Michael Etringer, Steve C Hall, Christian Yoder, Tim Heizenrader, Stephen Swain, Elliot Mainzer, Bill Williams III, Jake Thomas, Lester Rawson, Greg Wolfe, Chris H Foster, Dennis Benevides, Neil Bresnan, Jubran Whalan, David Parquet, Mark Fillinger X-cc: Steve Walton, Alan Comnes, Leslie Lawner, Rebecca W Cantrell, Donna Fulton, Jeff Dasovich, Christi L Nicolay, James D Steffes, Dave Perrino, Paul Kaufman, Susan Scott, Ray Alvarez, Paul Kaufman, James D Steffes, Richard Shapiro X-bcc: X-Folder: \Richard_Shapiro_June2001\Notes Folders\Discussion threads X-Origin: SHAPIRO-R X-FileName: rshapiro.nsf FERC issued three CA orders today. Ray Alvarez sent out a summary on the order related to increasing Generation and Transmission in the west. The report below came from IEP's attorney. Underscheduling -- Enron has been on both sides on this issue -- here's what's happened One CA order rejects the requests by PG&E, SoCal Edison and the CAISO to suspend the underscheduling penalty adopted in the December 15th Order. The Commission is currently reviewing data filed by the CAISO in conjunction with a request to waive the underscheduling and will address the underscheduling penalty in a future order. The Order does accept the CAISO's proposal to split the BEEP stack into Operating Reserves and Imbalance Energy. QFs -- Ridgewood Complaint The second order address QF issues. Granting, in part, Ridgewood and CCC's request for emergency relief, the Commission ruled that when QFs sell excess power or make third party sales as authorized by a court, the California utilities must provide interconnection and transmission service to make those sales. The Commission deferred decision on whether QFs that have not been fully paid can make third party bilateral sales. Obstacles -- Subject of Ray's earlier e-mail The third order addresses obstacles to increased energy supply. The Commission takes a number of actions, including allowing premium returns on equity (200 basis points) and accelerated depreciation (10 years) for projects that increase transmission capacity in the short term (July 1, 2001). The basis points go down if the project comes on later. The order also allows rolled-in treatment of interconnection and upgrade costs for new supply, broadens and extends QF waivers of operating and efficiency standards, waives prior notice requirements and grants market-based rate authority for sales from back-up and self-generation in WSCC, authorizes certain demand side sales and management programs, and encourages pipeline construction projects. More to follow when we review the orders. Sue Mara Enron Corp. Tel: (415) 782-7802 Fax:(415) 782-7854
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