Enron Mail

From:bill.williams@enron.com
To:john.malowney@enron.com
Subject:RE: Montana Power Company (MPC) Energy Imbalance
Cc:todd.bland@enron.com, craig.dean@enron.com, mark.guzman@enron.com,leaf.harasin@enron.com, eric.linder@enron.com, steven.merris@enron.com, bert.meyers@enron.com, v..porter@enron.com, ryan.slinger@enron.com, geir.solberg@enron.com, kate.symes@enron.com,
Bcc:todd.bland@enron.com, craig.dean@enron.com, mark.guzman@enron.com,leaf.harasin@enron.com, eric.linder@enron.com, steven.merris@enron.com, bert.meyers@enron.com, v..porter@enron.com, ryan.slinger@enron.com, geir.solberg@enron.com, kate.symes@enron.com,
Date:Thu, 21 Jun 2001 19:02:33 -0700 (PDT)

John,
We have asked every single counterparty in the NW to sell us energy. We bi=
d $300 to PowerX and were told that they were abiding by the cap.
We are working hard to get them the energy that they need and will continue=
to do so.

Bill

-----Original Message-----
From: =09Malowney, John =20
Sent:=09Thursday, June 21, 2001 3:38 PM
To:=09Williams III, Bill
Cc:=09Portland Shift
Subject:=09Montana Power Company (MPC) Energy Imbalance

Bill; Mike Cashell (MPC's Transmission Mgr.) just phoned me concerned, beca=
use MPC's Real-Time group requested EPMI purchase energy for them under our=
existing Energy Imbalance structure, and was notified by our Real-Time gro=
up that due to the newly implemented FERC price cap, we were have difficult=
y securing any resources. Just to clarify things, we are settling MPC's Ch=
oice customers Energy Imbalance position, and PP&L Montana has the right to=
any length resulting from MPC's "domestic" load Energy Imbalance. In othe=
r words MPC is settling two separate Energy Imbalance accounts, so during t=
he hour they may be turning energy back to PP&L Montana, while at the same =
time finding themselves short for the Choice loads. During the recent bull=
ish pricing conditions, Choice customer were leaving themselves long, as of=
late, MPC is experiencing the Choice customers doing the opposite, positio=
ning themselves short. The net result is that MPC will most likely be expe=
cting us to fill a short position from this point on, so I'd really like to=
see what we can do to honor their requests, mindful of the favorable posit=
ion we've enjoyed over the last several months. Let me know if you'd like t=
o discuss this further, or better yet if you've got a workable solution to =
the problem. In the meantime, thanks again to you and your staff for the o=
utstanding performance thus far in dealing with MPC. John