Enron Mail

From:d..steffes@enron.com
To:daniel.allegretti@enron.com, susan.lindberg@enron.com,sarah.novosel@enron.com, tom.hoatson@enron.com, howard.fromer@enron.com
Subject:RE: FERC grants SMD clarification requested by ISO-NE
Cc:
Bcc:
Date:Tue, 18 Sep 2001 14:22:14 -0700 (PDT)

Is this good or bad for Enron? My take is that this doesn't help us push f=
or ONE RTO.
=20
Jim

-----Original Message-----
From: Allegretti, Daniel=20
Sent: Tuesday, September 18, 2001 12:58 PM
To: Lindberg, Susan; Novosel, Sarah; Steffes, James D.; Hoatson, Tom; Frome=
r, Howard
Subject: FW: FERC grants SMD clarification requested by ISO-NE


=20
-----Original Message-----
From: Gerity, Patrick M. [mailto:pmgerity@dbh.com]
Sent: Tuesday, September 18, 2001 12:28 PM
To: Allegretti, Daniel
Subject: FW: FERC grants SMD clarification requested by ISO-NE




Attached is the much anticipated order granting clarification of the Commis=
sion's order on the SMD filing. The heart of this order states that when t=
he FERC refused to act on the SMD filings, its action:

was not intended to stop ISO-NE's or any other parties' efforts that might =
further the objectives of developing and implementing a regional market in =
the Northeast. The Commission has already identified many aspects of such =
a market that it expects to see: e.g., congestion management through locat=
ional marginal pricing, and day ahead and real time markets. These element=
s are likewise present in SMD. It thus was not the intention of the Commis=
sion that parties should stop work altogether. Continuation of ISO-NE's ef=
forts at developing the software and related products necessary to implemen=
t SMD would, in fact, be a positive step toward ultimately developing a sin=
gle Northeastern market. We note, however, that as it continues with the d=
evelopment of SMD, ISO-NE should be mindful of the ultimate goal of a singl=
e Northeastern market design. We thus urge ISO-NE to continue with develop=
ment of SMD in every aspect, including software, in a sufficiently flexible=
manner so that any products developed for SMD may be readily adaptable to =
whatever market design is ultimately proposed for the Northeastern RTO.

-pg=20

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