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Enron Mail |
Following are the details of Tuesday's lending agreement with El Paso - 50 mw on peak at Palo Verde:
709300 - STWBOM buys EPE HLH/PV 25 mw @ $55 709310 - STWBOM sells STSW HLH/PV 25 mw @ $55 709314 - STSW buys EPE 25 mw @ $55 These deals have been entered day-ahead, as well as a STSW sale of 50 mw somewhere in the market. Then, in the hour-ahead market, we'll need to procure this energy elsewhere and enter deals under the appropriate desk. We'll reduce the El Paso purchases (709300/709314) to $4 and sell back to El Paso at $0, creating a $4 delta which constitutes the lending fee. Please let Bill, Holden, or me know if you have any questions. Thanks, Kate
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