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Enron Mail |
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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Fromer, Howard </O=ENRON/OU=NA/CN=RECIPIENTS/CN=HFROMER< X-To: /o=ENRON/ou=NA/cn=Recipients/cn=notesaddr/cn=a3a4cb81-65db1a4f-862569e7-6cfe2f </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Notesaddr/cn=a3a4cb81-65db1a4f-862569e7-6cfe2f<, Ader, Jeff </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Notesaddr/cn=d5962049-d79f431e-86256a08-720861<, Aucoin, Berney C. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Baucoin<, Bachmeier, Rick </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Notesaddr/cn=f20847ab-ec9e41eb-86256571-783da2<, Brown, Jeff </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Notesaddr/cn=abb1ec7f-b734205a-86256a48-6e45c0<, Brown, Michael (EES) </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MBROWN9<, Davis, Dana </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ddavis<, Duran, W. David </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dduran<, Dutta, Tom </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tdutta<, Ferris, Frank </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Fferris<, Guerrero, Janel </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jguerre<, Gulmeden, Utku </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ugulmede<, Gupta, Gautam </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ggupta<, Hamlin, Mason </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mhamlin<, Hammond, Pearce W. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Phammon<, Hinrichs, Lance </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lhinrich<, Letzerich, Palmer </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Wletzeri<, Llodra, John </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jllodra<, Lydecker Jr., Richard </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rlydeck<, May, Tom </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tmay<, Meyn, Jim </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jmeyn<, Misra, Narsimha </O=ENRON/OU=NA/CN=RECIPIENTS/CN=NMISRA<, Montovano, Steve </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Smontova<, Nicolay, Christi L. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cnicola<, Novosel, Sarah </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Snovose<, Padron, Juan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jpadron<, Philip, Willis </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Wphilip<, Ring, Richard </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rring<, Sacks, Edward </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Esacks<, Scheuer, Janelle </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jscheue<, Sewell, Doug </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dsewell<, Staines, Dan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dstaine<, Steffes, James D. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jsteffe<, Sullivan, Kathleen </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ksulliva<, Thomas, Paul D. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Pthomas2<, Thompkins, Jason </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jthompk<, Wheeler, Rob </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rwheele2< X-cc: X-bcc: X-Folder: \PTHOMAS2 (Non-Privileged)\Thomas, Paul D.\Inbox X-Origin: Thomas-P X-FileName: PTHOMAS2 (Non-Privileged).pst In yet another Order issued yesterday (see attached), FERC rejects the requ= est by Con Edison to extend the Revised Localized Market-Power Mitigation M= easures (Revised LMM)* until October 31, 2002. The Revised LMM had been app= roved by FERC on July 20 (on rehearing after initially rejected them on Ma= y 16), but were required in that Order to expire on October 31, 2001. FERC = denies Con Ed's requested extension because it was "procedurally improper,"= and directs the NYISO to address FERC's concerns regarding the revised LMM= as part of the comprehensive mitigation proposal FERC required the NYISO t= o prepare by March 1 in its AMP extension order also issued yesterday. (An = email regarding that Order has been sent to you separately.) In particular,= FERC wants to know how the revised LMM will work in conjunction with other= mitigation measures in effect or proposed; whether the mitigation is desig= ned to apply only in must-run situations or more broadly and why; whether m= arket conditions in NYC warrant structural triggers for market power mitiga= tion; and whether in-city mitigation measures should apply to all generatio= n in the City or just to the units divested by Con Edison. FERC again direc= ts the NYISO to consider mitigation measures used by PJM and ISO-NE to aid = in the transition to a Northeast RTO. Finally, FERC directs Con Ed and the = NYISO to make a filing that removes all in-city mitigation measures from Co= n Ed's tariff and puts them into the ISO's tariff. Significantly, FERC dire= cts the NYISO to address in that filing, "and remedy to the extent required= in NYISO's tariff and in the operations of NYISO and ConEd, allegations...= that ConEd currently has operational responsibility for the New York City t= ransmission grid and can direct out-of-merit dispatch. Ultimate responsibil= ity for such functions, if not hands-on operational control, must lie with = NYISO rather than ConEd." Elimination of ConEd's ability to dispatch units = out-of-merit is crucial to the proper functioning of the markets in New Yor= k City. Development of the comprehensive market mitigation plan called for = in both this and the AMP order by March 1 is going to be an enormous and ti= me consuming undertaking for the NYISO and market participants over the nex= t three months. ---------------- * The Revised LMM expanded the application of the LMM approved by FERC in 1= 998 as part of Con Ed's generation divestiture proposal to: (1) bids for sa= le of energy in the real time markets during constrained periods; (2) bids = for min gen and start-up whenever gen must be operated out-of-merit due to = local reliability requirements; (3) bids for start-up and min gen during co= nstrained periods (i.e., whenever mitigation would apply to a unit's increm= ental energy bid); and (4) all generators located electrically within NYC, = not just those divested by Con Edison. -----Original Message----- From: =09Lauren Mildren [mailto:lmildren@bracepatt.com]=20 Sent:=09Tuesday, November 27, 2001 2:24 PM To:=09Andrea Settanni; Yeung, Charles; cnicola@enron.com; Fulton, Donna; hf= romer@enron.com; snovose@enron.com; Lindberg, Susan Subject:=09ER01-1385 ConEd v. NYISO -- Special Market Power MitigationMeasu= res for NYC
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