FW: Palo Verde Bottleneck

I think you know.

-----Original Message-----
From: Symes, Kate
Sent: Friday, July 27, 2001 3:32 PM
To: Williams III, Bill
Subject: FW: Palo Verde Bottleneck - PLEASE READ
Importance: High

-----Original Message-----
From: Symes, Kate
Sent: Friday, July 27, 2001 2:58 PM
To: Williams III, Bill
Subject: Palo Verde Bottleneck - PLEASE READ
Importance: High

Is this the only revision you'd like to see?

FYI -

Roger called today to inform us of a [Mark Hall] [transmission capacity] bottleneck at Palo Verde. Apparently, El Paso cannot take more than 50 mw into their system at Palo in any given hour; therefore, we [Mark Hall] [will] need to monitor El Paso's net schedule to [Mark Hall] insure [Mark Hall] (sic) that it does not exceed this. This poses some obstacles and opportunities related to the lending agreement. If El Paso is taking a net of 50 mw in at PV, you'll need to procure energy at Four Corners or Greenlee [Mark Hall] [or buy transmission/do a buy/resell with SRP-PNM-TNP-APS-etc.] to fill the lending short [Mark Hall] note-EPE will still deliver us energy at PV- , then enter a zero priced buy-resale [Mark Hall] in enpower to get the energy from an alternate delivery point to PV.

This is how it should take place -
Day-Ahead
Buy from El Paso at PV
Sell to STSW at PV
Hour-Ahead
Buy from Counterparty such as PNM, SRP, TNP, or APS at FC or Greenlee
Buy-Resale from El Paso from FC or Greenlee to PV

Please let me know if you have questions.

Thanks,
Kate