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Enron Mail |
Hi Virginia:
I discussed w/ Kate regarding two pma items in STWHOURLY desk in the lastest desk analysis from Mark Confer. Please let me know if I should direct these questions directly to Houston Settlements, or I'll stop by later to see if you have a minute on these issues. 1. Deal#664447.1 In the desk analysis it's showing a -$1575 due to HE7 zeroed out in July after deal liquidated on 6/27/01. Question: we should have an offsetting +$1530 due to upstream deal#664444.1 HE7 zeroed out in July after deal liquidated on 6/27/01, but this credit side didn't show up in the desk analysis. 2. Deal#662547.1 In the desk analysis it's showing -$1265 due to HE12 volume changed from 46MW to 23MW in July for flow date of 6/26/01. Question: we should have an offsetting +$1150 due to upstream deal#662543 HE12 volume changed in July after deal liquidated on 6/27/01, but this credit didn't show up in the desk analysis. Kate and Bill: Regaring Deal#630335.1 and it's associated deals, I believe this is what should have happened: a. You should get back +$315 as annuity (buy) #630335.1 price was changed fm $315 to $0 in July for flow date of 6/2/01 b. You should get a -$315 hit for transmission (buy) demand charge #648312.1 entered on 6/14/01 for flow date of 6/2/01 c. You should get back +$360 (=$675-$315) as annuity (sale) #630336.1 was entered with $315 price on 6/2/01 for 6/2/01 (this part should always been captured when the deal liquidated on 6/2) and the annuity price was later changed to $675 on 6/14/01 =< As you know Settlements already captured the +$315 in (a). I believe Settlements didn't capture (b) and © because the deals were entered after the deals liquidated in the same month. Risk can do a manual adjustment for you on this $45 credit (net of $360 and -$315) right away and then we'll take $315 in (a) as pma this month-end since we didn't take it on 8/31/01. Please let me know if you have any questions. Thanks, Fran x7973
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