Enron Mail

From: heather.dunton@enron.com To: bill.williams@enron.com, h..foster@enron.com Subject: Dec Bidding Strategy Cc: Bcc: Date: Thu, 14 Jun 2001 10:57:09 -0700 (PDT) Bill and Chris - this is what I remember as to settlements with the DEC bidding strategy. Let me know if I can be of further assistance. -Heather Delano will schedule into the Day Ahead market and make a sale at the PX index price. Real Time submits dec bids in the Suplemental Energy Market for any hours when they believe there is a good chance of being dec'd at a 0 price (the pprice you bid may be different than 0 to establish ouselves in the ISO Merit order - ). Real Time makes 50% of the difference between the day ahead PX and the dec price (in this case 0).