RE: MTG with ELCON and PJM

thanks.

-----Original Message-----
From: =09Perrino, Dave =20
Sent:=09Thursday, October 11, 2001 9:50 AM
To:=09Steffes, James D.
Subject:=09RE: MTG with ELCON and PJM

Jim,

If I heard you right yesterday, you said that Phil Harris was exasperated a=
nd couldn't understand why NYISO was so resistant to joining a Northeast RT=
O. =20

From my NY expereince I can tell you a perfect example of the NY attitude t=
oward the merger, if you recall Charleton Heston at an NRA meeting last yea=
r, expressed the sentiment, "not unitl you pry it from my cold dead hand!",=
I am sure this is the same feeling the folks in NY have toward their joini=
ng PJM... For years, we in NY felt that we where far ahead of PJM as far as=
technology and operating policies. Now that PJM has a customer centric ma=
nagement, much improved technology and is the darling of FERC, I'm sure the=
NYISO staff is struggling with understanding why. If things were reversed=
, PJM encouraged to join the NYISO, I'm sure NY would be very pleased...and=
maybe Phil Harris would be happy (but somehow I doubt that). Recently I s=
poke to a friend of mine from NY who said they had a staff meeting where Bi=
ll Muesler told the staff, that the only reason that the market participant=
s like the PJM model, is because they can game it and make money, while sta=
ting that NY will not give up the effort (to remain independent). I think =
this illustrates the general attitude of the NY management and the struggle=
PJM is in for, unless of course FERC Orders the merger, which I think is t=
he only way this can be accomplished.

I'm sure you most likely know most of this, but just thought I'd pass this =
along.

Kind Regards,

Dave

-----Original Message-----
From: =09Steffes, James D. =20
Sent:=09Thursday, October 11, 2001 5:43 AM
To:=09Yeung, Charles; Bestard, Jose; Walton, Steve; Perrino, Dave; Shelk, J=
ohn; Novosel, Sarah; Rodriquez, Andy; Shortridge, Pat; Nicolay, Christi L.
Cc:=09Robertson, Linda; Shapiro, Richard
Subject:=09MTG with ELCON and PJM

Today after the Hearing I attended lunch with John Anderson and Phil Harris=
. One of the primary points of discussion involved what to do to respond t=
o the NERC legislative efforts?

Basically we agreed that a straightforward delegation of authority over rel=
iability to FERC made sense for all of the groups. Agreeing to that, the i=
dea is to review the Bingaman language and see if our groups could agree to=
that language. =20

I think that internally Enron is already there??? John Shelk, if you could=
pls send out the language to everyone on this e-mail to get agreement that=
would be very helpful.

I'll let you know how we next proceed. If anyone has any problems, please =
let me know. =20

Thanks.