---------------------- Forwarded by Ginger Dernehl/HOU/EES on 03/02/2000
12:27 PM ---------------------------

Allison Navin@ENRON
03/02/2000 09:32 AM

To: Ginger Dernehl/HOU/EES@EES
cc: Cynthia Sandherr/Corp/Enron@ENRON
Subject: Enron comments on Barton bill

Ginger - Attached are Enron's finalized comments on the Barton bill.  Would
you please forward to all the folks in Rick's group and include Steve Kean?
Many thanks.


Sandeep,
?
We've?completed a review?this morning to  try to fill in missing pieces?of
information on hourly load shapes, hydro  dispatch history, and transactions
for India and have not come up with anything  yet. Would you know of any of
the above information which would?assist us in our efforts?
?
Thanks,
?
David Yomogida
?
----- Original Message -----
From:  David
To: Sandeep  Kohli
Cc: Robert Schenck-Australia ; Vince J Kaminski ; Stinson  Gibner
Sent: Wednesday, January 10, 2001 6:20  PM
Subject: ENRON, India Database

Sandeep,
?
Below, I have summarized Henwood's work on the  India database to date.
?
The "Inter_Regional Links.ppt" file shows the  topology and links between
bubbles in the our model and  "Expand_India_Data_011000.xls" details the
existing station information that  we have compiled to date.?Total resources
closely match reported  resources as shown in "L&R_0110.xls". Reported India
total in 1997 is  86,000 MW and that in the Henwood database is 84,000 MW
through  1997.
?

Region

	EMSS database

		Reported [1]

			Difference

India total

	84,103

		86,120

			2,017

?
?
We are currently working on the development of  hourly load shaping, seasonal
hydro energy allocation, and the gathering of  transaction information.
Sandeep, we will try to contact you tomorrow  (Thursday -- Australia?or
Wednesday -- United States) to answer any  questions that you may have on
this information.
?
Sincerely,
?
David Yomogida
?
?


Attached is a memo I provided to EES on the emissions markets in the SCAQMD.  Thought you might find it useful.  It is amazing how totally mucked up and confused the market is there.   Please let me know if you have any other info.  This is for a potential very small DG project - but it will probably still meet the 4 ton per year threshold.

Mary Schoen
Environmental Strategies
Enron Corp
415.782.7803 (phone)
415.782.7854 (fax)


Hi All,

I recently made a change to VolSmile.xls  to pick up the NT username versus the application(excel) username.  This change will not effect the functionalities of VolSmile.  I have deleted the User Name and Password in Sheets("Skew4"), since you will not need to enter a username/password.  The code will check your read/write access against your NT username.  Once again, the change will not effect any of VolSmile's original functionalilties.  Please refer to the attach file for usage.  If anyone has questions/comments concerning this change, please let me know.

Margie
53706


<<TLR-latest.ppt>>

__________________________
Narasimha D. Rao
Senior Analyst
Tabors Caramanis & Associates
(617) 868-6719

 - TLR-latest.ppt


The attached CPUC press release says that the Commission is delaying until
mid-August any action on the suspension of direct access.? This is
reportedly being done at the request of DWR,?the Department of Finance, and
the State Treasurer's Office.? The  extension will, "allow the agencies more
time to address any unresolved issues  and, ultimately, provide interested
parties ample opportunity for review and  comment."
?
We need to keep up the pressure.? This fight is not?over  yet.
?
Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.?  Suite 244
Woodland Hills, CA 91367
Tel:?? (818)  596-2201
Fax:? (818) 346-6502
douglass@energyattorney.com
 - 070301.doc


Thank you very much, Mr. Kaminsky!
Britta Bothe

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: Tuesday, October 17, 2000 1:58 PM
To: brittab@infocastinc.com
Cc: Vince.J.Kaminski@enron.com
Subject: Re: Invitation to speak at Infocast's Managing Summer Price
Volatilit y Conference in Houston

Dear Ms. Bothe,

I have forwarded my message to one of my associates who
specializes in weather derivatives.

Vince Kaminski

Britta Bothe <brittab@infocastinc.com> on 10/17/2000 12:38:33 PM

To:   vkamins@enron.com
cc:
Subject:  Invitation to speak at Infocast's Managing Summer Price Volatilit
      y Conference in Houston

Dear Ms. Kaminsky:
As I just mentioned on your voicemail, Infocast is going to host a
Managing
Summer Price Volatility course, January 30 - February 1, 2001 in Houston.
The course will focus on the various tools at hand to manage summer price
and load volatility.  Our target audience for this event will primarily be
risk managers and managers in bulk power sales & purchase (our secondary
target audience is energy traders).

Attached you will find a draft program agenda for your review.  Please let
me know if you or someone else at Enron is interested in presenting at this
event.  In particular, we are looking for someone to talk about weather
derivatives.

I appreciate you taking the time to review the conference schedule and I
hope that I will have an opportunity to talk to you. Unfortunately, I am
running behind schedule in finalizing this program.  I will call tomorrow
to
see what your feedback is.  If you have any questions or suggestions,
please
do not hesitate to contact me at (818) 888-4445 ext. 30.

Sincerely,

Britta Bothe
Infocast
Conference Manager
(818) 888-4445 ext. 30
                          <<Agenda 5.doc>>

(See attached file: Agenda 5.doc)


We have confirmed that there is no current agenda item pending for the CPUC
to act on banning direct access.  Having said that, there are reports from
highly placed staff that an item to implement the AB-1X ban is being held in
Bilas' office, as he would like to see the legislative process run its
course, but there is a possibility that Lynch will reassign the matter to
another commissioner who opposes direct acess (Wood)in an effort to kill DA
before any other legislation is passed.  Please note:  The foregoing is
internal speculation/gossip from within the commission, and should not be
considered as confirmed.  Notwithstanding the controversy over implementing
AB 1X, Commissioner Brown has written a letter to Bowen endorsing direct
access and her bill, and publicly supported direct access in the Commission
meeting today.  That means 3 commissioners have voiced support for DA, and
only 2 opposed.  This again raises doubts over the accuracy of Bowen's
statement--which may have been designed to scare opponents into supporting
her bill.  We are attempting to get a copy of the letter sent by Brown and
will forward it to the lobbyists if we obtaining.  Stay tuned.  Mike Day

-----Original Message-----
From: Scott Govenar [mailto:sgovenar@govadv.com]
Sent: Thursday, May 24, 2001 12:29 PM
To: Hedy Govenar; Mike Day; Bev Hansen; Jeff Dasovich; Susan J Mara;
Paul Kaufman; Michael McDonald; Sandra McCubbin; Rick Shapiro; Jim
Steffes; Alan Comnes; Steven Kean; Karen Denne;
Harry.Kingerski@enron.com; Leslie Lawner; Robert Frank; Ken Smith; Janel
Guerrero; Miyung Buster; Jennifer Thome; Eric Letke; Mary Schoen; David
Leboe; Ban Sharma
Subject: SBX 27 - PASSAGE

SBX2 27 (Bowen) passed out of the Senate Appropriations Committee on a
7-5 party-line vote.  In her closing, Senator Bowen said that if the
supporters of direct access do not want to help her with her bill she
would just as soon let if fail.  She also stated that the CPUC was going
to terminate direct access next week.  There was one additional
amendment taken which specifies that DWR must inform customers within 30
days of an inquiry what the projected exit fee will be.


Attached is a newly revised Credit Watch listing.  If there are any
personnel in your group that were not included in this distribution, please
insure that they receive a copy of this report.

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at 5-7095, Brant Reves at x3-9897, or the Global Credit Hotline at x3-1803.


Great job - we all appreciate your management of the situation.  The A&A
program is our most important asset.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/02/2000
02:19 PM ---------------------------

Charlene Jackson@ENRON
11/02/2000 10:51 AM
To: Janet R Dietrich/HOU/ECT@ECT, Bruce Sukaly/Corp/Enron@Enron
cc: David W Delainey/HOU/ECT@ECT, Jeff Skilling/Corp/Enron@ENRON, Kristin
Gandy/NA/Enron@Enron
Subject: Michelle Parks

Janet and Bruce,

On behalf of the Analyst and Associate Program, I want to take this
opportunity to let you know what a wonderful job Michelle Parks did while
recruiting at Cornell.  I don't know whether you are aware but we had an
interviewer not show up.  He also had not called to cancel.  Michelle was in
the lobby waiting to leave and became aware of the situation.  Although she
had pressing business in Houston, she made arrangements to stay so that we
did not have to cancel the schedule.
Cornell is one of our core schools and it would have been quite embarrassing
to cancel a full schedule.

We truly appreciate Michelle selflessness and believe she more than exhibits
Enron's vision and values.  She should be commended.

Thanks

Charlene Jackson


PLEASE SUBMIT BY 12:00 NOON ON MONDAY, JULY 16, 2001

Only submit your timesheet if you have exceptional time, or if your rotation information has changed.

 Sorry, we are no longer tracking overtime since you are salary based.

To all A/A Pool members:

?	It is important to inform us if you have exceptional time.

?	To those members who are submitting time to your assistant, please make sure the assistant forwards
this information on to the A/A program.

?	With the Roll-Out of SAP, you have the ability to go on-line @ http://ehronline.enron.com/ and input your time.

I will continue to email for timesheets regardless if you go on-line.

This memo is to inform you to complete your timesheet.

Quick Reminder:

 You may receive your present or previous paychecks @ EB 3539A
 (if delivery is not set-up to your location/mail stop).

Thank You for Your Cooperation

Constance Charles
Human Resources
Associate & Analyst Program
Ext. 35614


---------------------- Forwarded by Greg Wolfe/HOU/ECT on 04/10/2001 07:21 AM ---------------------------
From:	Richard Ingersoll on 04/10/2001 08:18 AM CDT
To:	Tim Belden/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Tim Heizenrader/PDX/ECT@ECT, Greg Wolfe/HOU/ECT@ECT
cc:
Subject:	2001 Summer Assessment Report

----- Forwarded by Richard Ingersoll/HOU/ECT on 04/10/2001 07:16 AM -----

	evelyn@wscc.com Sent by: Maiser@wscc.com 04/09/2001 05:01 PM 	   To: "Multiple Committees" <multi2@wscc.com>  cc:   Subject: 2001 Summer Assessment Report

COUNCIL REPRESENTATIVES
OPERATIONS COMMITTEE
PLANNING COORDINATION COMMITTEE
WESTERN MARKET INTERFACE COMMITTEE
COMMUNICATIONS COMMITTEE

The attached WSCC 2001 Summer Assessment Report has been
sent to NERC and posted on the WSCC web site under
"Documents and Publications."  This report reflects a change to
some of the numbers in the draft report e-mailed to you for review
on April 4, 2001.

cc:  CMOPS
	Security Coordinators
	Security Coordination Subcommittee
	Joint Guidance Committee

Evelyn Emerson
Senior Administrative Coordinator
PH (801) 582-0353
FX (801) 582-3918
EM  evelyn@wscc.com

The following section of this message contains a file attachment
prepared for transmission using the Internet MIME message format.
If you are using Pegasus Mail, or any another MIME-compliant system,
you should be able to save it or view it from within your mailer.
If you cannot, please ask your system administrator for assistance.

   ---- File information -----------
     File:  wisrrpte.pdf
     Date:  6 Apr 2001, 16:59
     Size:  71069 bytes.
     Type:  Unknown

 - wisrrpte.pdf


so, there is nothing on my team that you are willing to give up gonzo for, i
find that hard to believe

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Gonzalez

I took a peek at your squad and no go... Thrill kill will rule this bitch...

	Enron North America Corp.

	From:  Eric Bass                           08/21/2000 09:09 AM

To: O'Neal D Winfree/HOU/ECT@ECT
cc:
Subject: Re: Gonzalez

i will give you walls and terrence wilkins

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Gonzalez

Your top wide receiver and tight end, and I might throw in my fourth
receiver...

	Enron North America Corp.

	From:  Eric Bass                           08/21/2000 08:57 AM

To: O'Neal D Winfree/HOU/ECT@ECT
cc:
Subject: Gonzalez

What do you want for tony gonzalez?


Start Date: 4/25/01; HourAhead hour: 3;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042503.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 3 / Preferred: -575.00 / Final: -574.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/25/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 3 / Preferred:   1.96 / Final:   1.93)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 4/25/01
  SC_ID: EPMI


Enron has been increasing security at its facilities around the world.  Some of the changes took effect immediately (e.g. additional security personnel) and some are phasing in.  While not all of the changes will be visible, there are a few that will have an impact on everyday activities.  In all the steps we take and recommendations we make, we will be making our facilities and systems more secure and endeavoring to increase your sense of security, while doing our best to minimize disruption to our day-to-day business.

Primary responsibility for Enron Corp. Security resides in our business controls organization.  You can contact this organization through their website (<http://home.enron.com/security>), by phone (713-345-2804), or by email (CorporateSecurity@enron.com <mailto:CorporateSecurity@enron.com>).  John Brindle, Senior Director, Business Controls, leads this organization.  Please feel free to provide John and his team with your comments and questions, or to report security threats.

We have two areas to update you on:  changes in the access procedures for the Enron Center Campus in Houston and changes to our travel advisory.

Access to the Enron Center

Over the next few days, the following access control procedures will be instituted at the Enron Center (and other facilities where practical):

?	As employees swipe their badges at the card readers to enter the Enron Center, a guard will match the photo on the badge to the bearer.

?	Employees and contractors who forget their badges must present a valid picture ID to obtain access to the Enron Center (U.S. driver's license, U.S. or foreign passport, or some form of U.S. federal, state or local identification).

?	Visitors to the Enron Center must produce a valid photo ID when signing in at the lobby reception desk and must completely fill out the visitor card.  Adult visitors without a valid photo ID (U.S. driver's license, U.S. or foreign passport, or some form of U.S. federal, state or local identification) will not be allowed access to the Enron Center.

?	Visitors to Enron facilities must be escorted by an Enron employee or badged contractor at all times.

?	Visitors to the Enron Center will be met in the lobby by an Enron employee or badged contractor, signed into a visitor's log at the lobby reception area by the employee or badged contractor, and escorted to their appointment.  At the conclusion of the appointment, the visitor will be escorted to the lobby by an employee or badged contractor, the visitor badge collected, and the visitor signed out in the log at the plaza reception area by the escorting employee or badged contractor.

?	Employees are also being asked to participate in the security of their workplace by following these guidelines; report suspicious activity to Security (phone 3-6300), do not open secured doors for individuals unknown to you or hold doors open, allowing "tail gating" by others.

These will be the first in a series of new security procedures to be instituted at Enron.  We ask that all employees be patient during congested times in the lobby.  As we proceed and obtain increased guard personnel and equipment, we expect the inconvenience to decrease.  We hope you understand these measures are being instituted for the security of all our employees.

Travel Advisory Update

With the beginning of retaliatory strikes, we have two important recommendations:

?	While the retaliatory strikes are ongoing, corporate security recommends that travel through or to the Middle East be avoided.  We continue to strongly recommend that all travel during this time to Afghanistan, Yemen, Pakistan, Indonesia, Iran, Iraq, Sudan, Somalia, Tajikistan, Turkmenistan, Georgia, and the Kyrgyz Republic be canceled.  In addition, we recommend that planned travel to Egypt, Israel, Gaza/West Bank, Jordan, Lebanon, Saudi Arabia, Syria, and Algeria be very carefully considered.

?	For non-U.S. citizens traveling in the United States, corporate security recommends that you carry documentation.  There have been several recent reports of non-U.S. citizens who reside in the United States being questioned and asked for documentation when boarding U.S. domestic flights. As a result, we suggest that all non-U.S. citizens who currently reside in the United States - and who do not have Permanent Resident Alien status - carry their passport, Form I-94 and Form I-797 at all times.  We would also suggest that Permanent Resident Aliens carry their Permanent Resident (Green) Card as proof of their status as a precautionary measure.  It appears that Immigration Officials may be applying a section of the Immigration and Nationality Act that requires individuals over the age of 18 to carry his/her "registration" documentation with them at all times. This can include a Permanent Resident Card, Form I-94 card, Employment Authorization Card, Border Crossing Card, or a Temporary Resident Card. Immigration Officials have not historically been asking domestic travelers for "registration" documentation, but in light of the heightened security measures and current atmosphere, it would be best to be prepared with all of your documentation proving your current lawful status.

We will keep you apprised of new information and developments on the Corporate Security website and by e-mail, as appropriate.


She's been drinking the water here, hasn't she?


Cara,

I have deleted all of the routes for Palo Verde on the 16th.  Call me if you are still having problems.  I would like to get you going on testing today.  I will do whatever I can to resolve your issues.

Regards,
Will

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Tuesday, June 26, 2001 5:52 PM
To:	Smith, Will
Subject:	RE: One more piece of the puzzle to help me test

The problem continues,  I could pull up the schedules in Scheduling, but they are all routed, so I rescheduled the entire day of June 15, which is the day I will test, and when I did,  I queried scheduling for the 15th, and when the schedules came up they show no mw's but do show a route, but only for the 16th.

I don't know why that is happening. I am trying to get my sheet re-set up for the 16th of june, to try all over again.

Can you see if you all can get me clean unrouted Palo Verde data for June 16th???

 -----Original Message-----
From: 	Smith, Will
Sent:	Tuesday, June 26, 2001 12:08 PM
To:	Semperger, Cara
Subject:	RE: One more piece of the puzzle to help me test

Cara,

QA is currently testing a fix to the problem you are having.  It should be released to stage soon.  I will let you know.

Regards,
Will

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Tuesday, June 26, 2001 1:49 PM
To:	Smith, Will
Subject:	One more piece of the puzzle to help me test

I cannot get RT position manager to run in TestP,  which will show me the total of MWH that are unrouted.

I get this error message when I try.

c

 << OLE Object: Picture (Device Independent Bitmap) >>


Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 05/15/2001 02:20 PM -----

	Rhonda L Denton
	05/15/2001 02:03 PM

		 To: jtucciarone@aeglobalmarkets.com
		 cc: Carol St Clair/HOU/ECT@ECT, Elsie Lew/HOU/ECT@ECT
		 Subject: Merrill/Allegheny Deals

Here is a spreadsheet of deals done since 3/19/01, the closing date for the
transfer.  Locke indicated that the deals in yellow are the ones that are
Merrill deals.  The ones in blue were traded the day of the closing and were
supposed to be netted and were not included on the transfer exhibit.
Therefore, they stayed as Merrill in our books.  Please confirm which are
Merrill deals and which are Allegheny.  We will need confirmation after this
review with our attorney as to where these deals will be booked.

Another question that has arisen is whether Allegheny traders are trading for
Merrill Lynch.  These issues need to be resolved so that we do not continue
to have these questions when our settlements people try to check out at month
end.  Thanks for your help.


I will be out of the office until Monday the 7th of January.    If your request is urgent please send me an email and tell me so.


Chris--have we cleared the balance yet or is it still sitting out there?

Chris Germany
09/11/2000 03:13 PM
To: Colleen Sullivan/HOU/ECT@ECT
cc: Angie Zeman/Corp/Enron@ENRON, Brad Bangle/Corp/Enron@Enron
Subject: Re: IROQ Parking

Below is a parking problem we have with IROQ.  In this example, we were
notified 1 month after the effective flow date.  Comments?

Angie has documentation from Iroq that she will leave on your desk.

Angie, for now, please schedule this as parked as current day activity.
---------------------- Forwarded by Chris Germany/HOU/ECT on 09/11/2000 03:09
PM ---------------------------

Brad Bangle@ENRON
09/08/2000 10:00 AM
To: Angie Zeman/Corp/Enron@ENRON, Chris Germany/HOU/ECT@ECT
cc: Sherry Anastas/HOU/ECT@ECT
Subject: Re: IROQ Parking

Angie/Chris

Just an FYI update on the Iroquois 06/26 parking issue.  This might be
redundant, but the history is that Iroquois notified us on 07/26/00 that we
were cut 364 MMBtu's (from 24,502 to 24,138) @ Canajoharie on the evening
cycle of 06/26/00 (yes, exactly one month lag in notification), & the cut
volume was placed into PALS.  As I understand it, the late notification was a
trickle down, i.e. Beth @ CNG notified Iroquois on 07/26, & Iroquois notified
us when they found out.  Anyway, the 364 MMBtu's are on the August
Transportation Statement as a beginning balance on 08/01, not withdrawn,
incurring parking charges of $173.77 for the month (364 MMBtu's x 31 days =
11,284 MMBtu's @ $0.0154 = $173.77).  Per Angie's previous e:mail on this
item, it sounds like we've got a problem with the late notification, & this
parking charge is related, & so, may be disputable.  Either way, the volume's
currently not in Unify as parked, & will not show up on the Service
Verification at present.

Are there any updates to the status on this item?  Thanks.

Brad
x 5-7516

Angie Zeman
08/30/2000 05:40 PM
To: Brad Bangle/Corp/Enron@Enron
cc:

Subject: IROQ Parking

Brad-

I got your message this morning, and I'm not ignoring you- I have just been
extremely busy with bid week activities and cleaning for August.  I think I
know what you're talking about, and I handed that issue over to Chris Germany
earlier this month.  I have not followed up with it since then, and that is
my fault.  The main problem I have with this that we were not notified about
the volume change until later the NEXT MONTH which would not be a timely
notification by any means.  I think that Chris was looking into this issue
with Colleen Sulllivan, because of the late notification.  I will badger
Chris in the morning, but I can't guarantee an answer until later this week
after the dust has settled from the 1st.  Thanks for understanding.  -Angie


The Payment status has changed on the following report:

Status last changed by:  System
Expense Report Name: MW112801
Report Total: $127.42
Amount Due Employee: $127.42
Amount Approved: $127.42
Amount Paid: $254.84
Approval Status: Approved
Payment Status: Paid

To review this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


Enron Law Conference

San Antonio, Texas    May 2-4, 2001    Westin Riverwalk

                   See attached memo for more details!!

? Registration for the law conference this year will be handled through an
Online RSVP Form on the Enron Law Conference Website at
http://lawconference.corp.enron.com.  The website is still under construction
and will not be available until Thursday, March 15, 2001.

? We will send you another e-mail to confirm when the Law Conference Website
is operational.

? Please complete the Online RSVP Form as soon as it is available  and submit
it no later than Friday, March 30th.


Spreadsheet has been updated and sent to Neil Bresnan, Daniel Kang, and
Jubran Whalan at EES. Thanks for your help on this.

Kate

Mark Confer
03/05/2001 09:03 AM
To: Kate Symes/PDX/ECT@ECT
cc: Brooklyn Couch/HOU/EES@EES

Subject: EES Spreadsheet Update

Kate, I am checking out EES February deals with Brocklyn Couch and problems
were noted on two deals 512775.1 on the 5th & 527967.1 on the 22nd.

EES was not agreeing to what we (Enron Power) has in Enpower.  Per Phil
Platter our numbers are correct and the worksheet needs to be updated to
reflect Enpower.

EES stated they will adjust their numbers once they get an updated sheet.
Thanks,

Mark


In the April 26 Order regarding the RTO West filing, FERC rejected the
Agreement Limiting Liability, reiterating prior holdings that FERC would
not approve a tariff limiting a transmission provider's liability to its
transmission customers.  The Filing Utilities have filed a request for
rehearing of that rejection.  A copy of the pleading can be found at:
http://www.rtowest.org/Index_Page_RTOWest_FilingUtilities_FERCDocs.htm

    The Filing Utilities attended a technical conference with FERC Staff
on this issue, and there is apparently some receptivity to amending the
order if the Filing Utilities can show there is a difference in
liability exposure between the Order 888 OATT environment and an RTO
environment.
    Please let me know if there is any interest in the IPP/marketer
group submitting comments on the request.

Don


i didn't take profits.  got slaughtered today. i had a great month last
month, i just need to get out of this hole this month.  at least it is the
first.  i will talk to you sunday.


This link should get you access to our Financial Trading, or "Master Swap
Agreement" database.  This database lists all the master swap agreements we
have in place or have drafted in the US, London, Singapore, Japan, South
America, etc..  It is a very good resource to use when preparing
confirmations.  This database is available to all Enron employees, so feel
free to send this link to any London employees you think might find it
helpful.  There are certain comments concerning the status of masters under
negotiation that are only available to Legal and Credit employees because of
legal-client confidentiality concerns.  Any member of your legal team should
be able to look at those comments to determine if there is active/close
negotiation on a master, or if a master is being amended, what the amendments
might address (sometimes helpful when Houston isn't at work yet!).
Frequently there may be more than one master in place for an Enron company,
so look at each entry to determine whether the master is limited to a
specific finance project or product (unusual, but sometimes).  Also, as I
mentioned, not all the US based masters are ISDA Multi-Currency Masters, so
look to confirm what type of master we entered into.  If they are not ISDA
Multi-Currency Masters, it may not be possible to put a cross-border trade
under the master without some modification to the master or confirmation.

Please note:  there is a listing for "Restrictions" which will reflect any
trading limitations such as "crude oil trades only", "no trades over 2
years", contain special confirmation issues or list other types of trading
limitations.  Restrictions should ALWAYS be looked at because they contain
critical trading guidance.  Another note to watch out for is that many US
based master may have Texas law instead of NY.  Certainly not UK law.  We
hope to have that information available in the database in the future.

If for some reason you can't access this database, let me know and we'll get
our respective computer people to figure out why.

As I mentioned, I am a paralegal in the Houston swap group and am happy to
answer any questions about particular masters, so please do not hesitate to
call me at x33399.

Link -->


John/John/Frank

As we are approaching the November 1st Trading Track interview dates, we need to finalize the reminder of the external candidate's initial screen.

Can you please provide me with your feedback/status.   If we need to re-assign your candidates to other traders please let me know by return.

Thanks,

Karen
x54667


This offer is being sent to you as a member of itsImazing. If you feel you have received this message in error or do not wish to receive future messages, please see the unsubscribe instructions at the bottom of this email.
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<<KMI bid II.doc>>

Thank you,

Paul E. Gutman

UtiliCorp United
Gas Supply Services
7101 Mercy Road, Suite 400
Omaha, NE 68164
(402)926-5255
(402)996-9755 Fax
pgutman@utilicorp.com


Summary Risk Data as of 11/19/2001

Active Financial Deals	     83
Active Physical Positions	     38
P&L  Daily ($thousands)	   (61.8)
VaR ($thousands)	   163.3

ETS Margin Account Deals	       0

Physical deals modeled in the Caminus Zainet system are deals which have some form of price risk, (i.e. Index to index deals, and anticipated fuel sales) This does not include standard transport or storage agreements.

P&L  Daily:   Daily change in the  mark-to-market (MTM) valuation of all deals being tracked in the Caminus Zainet system.  This includes the origination and changes in value for both the physical and financial sides of hedges, along with any speculative trades and floating unhedged physical positions.

VaR is "Value at Risk":  Enron Corp policy defines this as the maximum expected one day loss on the portfolio given a 95% statistical confidence interval.  This number is currently calculated on the Caminus system using a variance covariance methodology, rather than a Monte Carlo simulation per the Enron Corp policy.

More detailed reports are available from the Caminus Zainet risk management system.  Please call Vince Strohmeyer at 713.853.6701 with any questions you may have.


Enron in Action can be accessed through the new Community Relations web site at http://cr.enron.com/eia.html .  In this week's issue you will find out information regarding:

Enron Happenings
BEAR Holiday Fundraiser
2001 Holiday Shopping Card benefiting the American Cancer Society
Enron Kids 2001 Holiday Program
Support the Museum of Natural Science at the Crate & Barrel Opening Night Preview Party
Enron Night with the Houston Aeros
Free Carwashes for Enron Employees
American Heart Association "Heart Walk"

Enron Volunteer Opportunities
Volunteer for the 2001 Nutcracker Market "A World of Holiday Shopping"

Enron Wellness
CPR/First Aid Training
Mammogram Screening
November is Lung Cancer Awareness Month

Involved Employees
Par "Fore" Pets Golf Tournament

In addition, Enron in Action is available through a channel on my.home.enron.com.  To add this channel to your set-up click on the channels link at the top of the screen and under announcements check the Enron in Action box.

If you wish to add an announcement to Enron in Action, please fill out the attached form below and submit it to mailto:eia@enron.com no later than 12 PM Thursday each week.


Hey there guys,

 Sorry to pester you, but I wanted to get an update on where you stand with
these two (three?) agreements.  Gerald, I know I dropped off a new copy of
the CIG/WIC agreement to allow us to install an RTU at the Lost Creek
interconnect site.  Also, you were sent a copy of the Gregg agreement week
before last.  Can you give me an idea of when I might be able to expect to
hear back from you on these two items?

If I am just being spacy, and you already responded on the Gregg document,
please let me know, as I can't find anything in my e-mail.  Thanks, and I
appreciate it.

Regards,
Chris Sonneborn
x36530


Steve, et al,

What is the status of Tex-Mex, and who are the responsible parties?  Is this an ENA project, and EES project, an EdM project, or is is joint?

There has been very little communication or coordination from EdM to date.  Word is that committments are being made by EdM, and it is not certain that those committments have been shared with those who will have to fulfill them.

Can you please clarify the situation?

Also, since Drew Tingleaf has left the company, who has been assigned to fill that role?

If Enron is going to be faced with committments on this project, it would be prudent to keep those involved informed.

Perhaps there is nothing to be concerned about, but it's better to ask now than to find we've missed something later.

Thanks!


Jeff,
I was very sorry to read about your decision to leave Enron.  I expected you to be a great CEO and the ideal person to lead Enron into the future.  I'm very sorry that personal circumstances led to a change of course for you.
Please keep me informed about your plans as they develop.  If I can be of help, please don't hesitate to let me know.

All the best,

Bob Zoellick


Start Date: 4/17/01; HourAhead hour: 6;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041706.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 6 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/17/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_ERNIE
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 6 / Preferred: -100.00 / Final: -98.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/17/01
  TRADING_SC: AEI1
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 6 / Preferred: 104.88 / Final: 102.88)
  TRANS_TYPE: FINAL
  LOAD_ID: SDG1
  MKT_TYPE: 2
  TRANS_DATE: 4/17/01
  SC_ID: EPMI


In response to your inquiry regarding gas agreements with Enron   we currently show no agreements with Tosco Refining Company.

Regards,
Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron
713-853-7658
713-646-3490 Fax


Twanda, what do we need to do with this information?  How do we get Emma
paid?  Michelle

------------------------------------------------------------------------------
---------------------------

Michelle Cash
Enron North America Corp.
1400 Smith Street, EB 3823
Houston, Texas  77002
(713) 853-6401
michelle.cash@enron.com

This message may contain confidential information that is protected by the
attorney-client and/or work product privileges.
----- Forwarded by Michelle Cash/HOU/ECT on 06/30/2000 01:18 PM -----

	Legal Temp 6
	06/30/2000 01:08 PM

		 To: Michelle Cash/HOU/ECT@ECT
		 cc: Twanda Sweet/HOU/ECT@ECT
		 Subject: Hours - w/c 6/26/00

Michelle, here are my hours for this week.

Monday 26 - 7h 45m
Tuesday 27 - 4h 45m
Wednesday 28 - 7h 45m
Thursday 29 - 8h
Friday - 8h

Total Hours - 36h 15m

Thanks

Emma


Will I see you Fri night?

Debra Perlingiere
Enron North America Corp.
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


Here are the new tunes.  Hope you like them!  Everyone seems to think they
are great...

Title	Artist
1.   Big Time	Peter Gabriel
2.   Every Day is a Winding Road	Sheryl Crow
3.   All This Time	Sting
4.   The Obvious Child	Paul Simon
5.   Check It Out	John Cougar Mellencamp
6.   Walking on the Moon	The Police
7.   Rock This Town	Stray Cats
8.   Crazy	Seal
9.   Roam	B-52's
10.  Move	Miles Davis
11.  Don't You Worry About a Thing	Stevie Wonder
12.  Bright Side of the Road	Van Morrison
13.  Brand New Day	Sting
14.  Bloomdido	Charlie Parker
15.  Symphonie No. 5 - Allegro	Beethoven
16.  Fantasie - Impromptu 	Chopin


Based on the rescheduling of last week's case, am I coordinating this week or
is Dylan, just so I know what the
plan is? I volunteered Monday night to coordinate since I haven't taken a
shift at it yet, but I wanted to verify
that.

Christine

Jeff.Dasovich@enron.com wrote:

> Based on last nite's discussion, here's the coordinator list:
>
>    Christine--11.6--Teltronica
>    Dylan--11.13--Nutra
>    Kim--11.1--Agro Feed
>    Jeff--11.27--Global Industries
>    Jimmie--12.4--Daimler-Benz
>
> We also decided that:
> 1) we'd continue with the SF/East Bay split
> 2) each group should combine the answers into one document prior to sending
> to the coordinator for final compilation
> 3) we'd distribute draft answers to the entire group, since some questions
> feed off of others
> 4) we'd get finalized responses to the coordinator no later than 4 PM on
> Sunday
>
> Let me know if this tracks with others' memories.
>
> Best,
> Jeff
>
>
>                     Christine Piesco
>                     <christine.piesco@o        To:     Kimberly Kupiecki
<kkupiecki@arpartners.com>
>                     racle.com>                 cc:
Jeff.Dasovich@enron.com, dwindham@uclink4.berkeley.edu,
>                                                jjackson@haas.berkeley.edu,
jcjcal02@aol.com
>                     10/09/2000 01:49 PM        Subject:     Re: Teams
>
>
>
> I assume you all have already exchanged contact information. Mine is below,
> if
> there is a list of everyone's phone numbers could someone please forward it
> to
> me?
>
> Home: 415-928-7487
> Cell: 650-740-1097
> Work: 650-506-3640
>
> Thanks,
> Christine
>
> Kimberly Kupiecki wrote:
>
> > Hi Christine,
> >
> > We have been doing the cases via email up to this point.  We typically
> > divide up the questions and send each other our responses.  One team
> member
> > takes the lead on creating the "hand in" document.
> >
> > Cheers,
> >
> > At 04:42 PM 10/4/00, Christine Piesco wrote:
> > >Glad to be aboard! When are we meeting? I am on campus Monday-Weds.
> > >
> > >Christine
> > >
> > >Jeff.Dasovich@enron.com wrote:
> > >
> > > > Christine:
> > > >
> > > > Sorry I haven't replied sooner.  Crazy day.  Consider yourself the
> 5th
> > > > member of our team---but remember, no warranties included.
> > > >
> > > > Best,
> > > > Jeff
> > >
> > >--
> > >Christine Piesco
> > >Industrials Account Manager
> > >Oracle Corporation
> > >500 Oracle Parkway
> > >Redwood Shores, CA 94065
> > >Phone: (650) 506-3640
> > >Fax: (650) 633-3753
> > >christine.piesco@oracle.com
> > >
> >
> > Kimberly Kupiecki
> > Senior Account Executive
> > A&R Partners
> > kkupiecki@arpartners.com
> > (650) 762 2800 main
> > (650) 762 2825 direct
> > fax (650) 762 2801
>
> --
> Christine Piesco
> Industrials Account Manager
> Oracle Corporation
> 500 Oracle Parkway
> Redwood Shores, CA 94065
> Phone: (650) 506-3640
> Fax: (650) 633-3753
> christine.piesco@oracle.com
>
> (See attached file: christine.piesco.vcf)

 - christine.piesco.vcf


Sorry wrong address

DG

---------------------- Forwarded by Darron C Giron/HOU/ECT on 01/31/2001
08:34 AM ---------------------------

	Enron North America Corp.

	From:  Darron C Giron                           01/31/2001 08:26 AM

To: caputo_trading@jpmorgan.com
cc:
Subject: 1/30 Curves


Hiring Managers,

Here are a few tips that will immediately improve the time it takes to make a
offer to your candidates.

All applicants must fill out and sign an Application and a Fair Credit
Reporting Act form (included with the application) prior to being
interviewed.   You may either have the applicant fill out a form before you
interview them or you can send the applicant to the 36th floor to fill out
the forms before you interview them.
Notify Hector McLoughlin or Frank deJesus if you are interviewing an external
candidate that is a former Enron employee.    All previous Enron employees
will be reviewed by HR and Sally Beck prior to being invited to interview.
We hope that this process will eliminate re-hiring poor performers.
If you want to make an offer of employment to a candidate for a Management
Position, please include Sally Beck in the process for input.    As a final
step of the selection process, Sally would like to meet with the candidate if
time allows or to phone interview the candidate as an alternative.    Sally's
involvement should occur after you have identified the candidate as a
potential Management new hire.

Thanks for your help with this process.
ENA Energy Ops Human Resources Team


Hi Stinson, Shales' initial in road to EBS was through David Cox (after
Vince's suggest to talk to David, I think).  What Shalesh did at the time was
to put a four page concept on trading storage as a commodity in the new
networked world.  He has keen interest in such an idea and has done some
work. He will be a good fit unless that person has to be in EBS under Jean
etc.... If so, we are not ready to let Shalesh go!  He can support that
effort, but I need him to get the supply & demand work in real-time user
friendly form for Jean's traders before Shalesh ventures onto something
else.  I did promising that I will get him involved in some juicy stuff like
new product/deals etc.... This may be his non-it stuff that he can do.....

What do you think?

Ravi.

	Stinson Gibner@ECT
	02/18/00 10:10 AM

		 To: Ravi Thuraisingham/Enron Communications@Enron Communications
		 cc: Vince J Kaminski/HOU/ECT@ECT
		 Subject: storage book...
Ravi:

Samer and I met this morning with Sara Ledbetter.   She is starting the
groundwork for setting up a storage book and a streaming book for tracking
the e-powered products positions.    They are having a meeting on next
Tuesday to discuss this.  Samer will attend.    This is a good opportunity to
start compiling the data that we will need for some of John Grieblings
questions.

--stinson

p.s.   Sara also asked if we knew anyone who would be interested in managing
the storage book.  Any suggestions?


CY

These contracts are the CDWR deals that got released over the weekend - I'm glad you have them (I was getting copies from Reliant but I'll wait for yours... it will be really interesting to see how the CDWR deals were done).

 -----Original Message-----
From: 	Yoder, Christian
Sent:	Monday, June 18, 2001 6:43 PM
To:	Sager, Elizabeth; Hall, Steve C.
Cc:	Belden, Tim
Subject:	Interesting but puzzling development

Elizabeth and Steve,

Suddenly Jeff Dasovich was on my line telling me he was shipping all of the "released California contracts" up here for quick legal analysis. My first reaction was:  why does Enron have to analyze them?   He is apparently part of a working committee of some sort that is advising the government.  These are the contracts that Davis has held on to so long, but is now releasing, and which will show that he bought high priced power and locked it in for long terms.  Jeff says he is in a room with a bunch of idiots who know nothing about contracts and they are all asking questions about the "out clauses."  He wants us to tell him what the "out clauses" are all about.  Enron never signed a long term deal, so I am wondering what, besides a kind of bizarre curiousity, would have us in that room down there trying to help a bunch of hysterical bureaucrats paw through a foot of legal paper.

We will get the contracts tomorrow morning and haul them along with us on the plane on the trip down, then talk with Jeff from Houston.  ----cgy


Consider yourself blessed.


Here is the forecast.  Our meeting using these numbers won't be until
tomorrow so they will most likely change shortly.


Today ISO-NE notified the Commission of an emergency action with respect to objective capability for Sept. 01 through May 2002.  The emergency action sets the objective capability to values specified in the attached letter.

If you need any further information, please let me know.

Susan Lindberg
713.853.0596
-----Original Message-----
From: Gerity, Patrick M. [mailto:pmgerity@dbh.com]
Sent: Friday, August 31, 2001 2:39 PM
Subject: COPY OF ISO-NE FILING 8/31/01: Objective Capability Informational Filing

TO: MEMBERS AND ALTERNATES OF THE NEPOOL PARTICIPANTS COMMITTEE

At the request of ISO-NE, we are forwarding to you an electronic copy of its informational filing  made today with the FERC regarding its emergency action with respect to Objective Capability.


Try this text version


Good morning everyone:

Vince would like to schedule a follow-up meeting on Wharton as soon as
we can agree on a time.

How does Monday the 18th look for you?  Vince is free from 9:30 AM -
11:30 AM and from 1:00 PM - 4:00 PM.

Please let me know if you are available during any of these times.

Thanks!

Shirley Crenshaw
3-5290


Ellen, attached is the GISB previously discussed which needs a confirm.  I
will e-mail the attached to the customer today.  Can you likewise send the
confirm?

Cyndie, as discussed please place this in the system in order that Ellen may
prepare a confirm to Superior.

Thanks for the help guys!

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


When: Tuesday, January 29, 2002 3:00 PM-4:00 PM (GMT-06:00) Central Time (US & Canada).
Where: 5102

*~*~*~*~*~*~*~*~*~*

Meet to discuss plan for pipeline start-up.


I need you to sign something right away.  Where are you?


Today's IssueAlert Sponsors:

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Featured speakers include Wall Street Analysts Ed Tirello and Dan Ford and
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"Global Power & Western U.S. Coal:  Domino Factors at Play in Today's Energy
Markets" is the theme of the 2001 Spring Pacific Coal Forum (Coal Forum'2001)
to be hosted by the Western Coal Council, June 4-6, 2001 in Park City, Utah.
Keynote Speakers include: Honorable Mike Leavitt, Governor, State of Utah;
Hitoshi Tagawa, Tokyo Electric Power Company; Eng. Jesus Buentello, Comision
Federal de Electricidad; Malcolm Thomas, Kennecott Energy Company; Manfred
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Contact Janet Gellici at (303) 431-1456 or info@westcoal.org
www.westerncoalcouncil.org
Miss last week? Catch up on the latest deregulation, competition and
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IssuesWatch

[IMAGE]

[IMAGE]
June 4, 2001

Bonneville Power Administration:
Vulnerable to Western Power Crisis, But Protected by Federal Status

By Will McNamara
Director, Electric Industry Analysis

[IMAGE]Two mainstays of the Northwest's economy&#151public power and the
aluminum industry-waging a war of words over the Bonneville Power
Administration's attempts to set rates for the electricity it sells. Both
sides have hired public relations companies in their attempts to sway public
opinion before the federal power marketing agency sets new electricity rates
effective Oct. 1. BPA, which sells power produced at 29 federal hydroelectric
dams and a nuclear plant, has signed contracts for about 11,000 MW but has
generating capacity for only 8,000 MW. To help make up the 3,000-MW
shortfall, BPA is pushing a plan to idle the region's 10 aluminum smelters
for two years, until additional generating capacity comes online.

Analysis: Given the barrage of media coverage that continues to hang over
California's energy problems, the fact that the Pacific Northwest is
suffering from its own related maladies is often overlooked. Perhaps the most
extreme case that illustrates the severity of problems to the north of
California is the BPA, which in addition to attempting to increase its
wholesale rates by as much as 250 percent this fall is now unable to fulfill
many of its long-term power contracts. Much like Pacific Gas & Electric and
Sierra Pacific Resources before it, the BPA now stands among a handful of
power firms in the West that have sustained devastating financial blows due
to volatility of the region's market. However, unlike investor-owned
utilities (IOUs), BPA is owned by the federal government and as such has been
criticized for having access to federal funding and protection not extended
to other Western power victims.

It is important to remember that BPA is a federal organization that was
formed in 1937 to market power from the Bonneville Dam. It holds a lock on
approximately 46 percent of the Pacific Northwest power market, and is one of
the primary providers of power to incumbent utilities in the area such as
Tacoma Power and Seattle City Light.

In the 1990s, the BPA experienced an excess of power and sought power
contracts outside the Pacific Northwest in order to retain a positive cash
flow and support various programs to ensure the lives of salmon and
steelhead, which populate the Bonneville Dam. The BPA formed contracts with
such out-of-region buyers as Enron, Avista Energy and the main California
utilities. The BPA signed long-term contracts to sell 1,223 MW of
hydropower&#151enough to light the city of Seattle-utilities outside the
Pacific Northwest and to private power marketers, adding to the base of its
contracts with Northwest utilities and C_customers (mostly aluminum
manufacturers). However, these contracts have aggravated regional power
problems in a new era of shortages and soaring prices.

For the most part, BPA's troubles have stemmed from weather-related
circumstances, unlike California and Nevada (where weather has served to
exacerbate fundamental restructuring problems). The Pacific Northwest, which
relies heavily on hydropower, has suffered one of its worst droughts in
recent history, which has greatly compromised what has typically been a
reliable and abundant power source. In fact, the Northwest is reportedly
between 1,500 MW and 3,000 MW short of the power it needs. Further, power
that the Northwest could typically rely upon from California and the
Southwest to supplement any shortage it might encounter in its own territory
is no longer available due to power demands in other states. Given its role
as the primary power supplier to the region's utilities, the BPA has become
increasingly vulnerable to the volatility of the spot market. The end result
is that BPA, which clearly overextended itself regarding power contracts
formed in the last decade, has been forced to either buy expensive power on
the spot market to serve its customers or negotiate buyouts of its power
obligations.

The BPA also has traditionally sold power directly to industrial customers,
and over the last few months has attempted to rescind many of those
contracts. For instance, the Columbia Falls Aluminum Company, a Kalispell,
Mont.-based aluminum manufacturer, has agreed not to use 167 average MW of
the 171 average MW BPA had agreed to sell it from October 2001 to September
2002. Reportedly, the BPA has bought back the power under contract to
Columbia Falls for $19.50/MWh. This marked the second industrial customer
that has allowed the BPA to terminate a power contract, following a deal with
Alcoa (another aluminum producer), in which the BPA bought back about 400
average MW. Typically, the C_customers have agreed to break their contracts
with the BPA due to their own halted production schedules that have resulted
from soaring power costs.

However, aluminum production is a critical part of the Northwest's economy,
and several lobbying groups have emerged to block the BPA from negotiating
with any additional aluminum manufacturers to cease production. Arguing that
the BPA has an obligation to fulfill its power contracts, the advocacy
groups&#151comprised of public power and manufacturing representatives-
attempting to secure some form of legal restriction against the BPA before
the agency increases rates this fall. Without knowing the terms of the
contracts, it is not clear whether BPA has an exit clause that entitles it to
stop providing power to the various buyers.

Regarding its Northwest customers, which are given priority to BPA power
supplies, the BPA has requested that these utilities implement conservation
programs to reduce the amount of power that must be purchased on the
wholesale market. Nevertheless, the BPA has already disclosed that it will be
forced to increase rates by as much as 250 percent this October to cover its
spot market power purchases (a condition that echoes similar movements by
PGOand Sierra Pacific Resources). BPA reportedly charges its utility
customers about $25/MWh for electricity. Wholesale electricity on the spot
market is now selling at between $250 to $300/MWh, and wholesale power sold
through long-term contracts sells for $75 to $150/MWh.  Consequently, the
250-percent increase could be the minimum at which the BPA raises its rates,
which would in turn impact the retail rates that Northwest utilities must
charge their customers.

PacifiCorp recently became the first IOU under contract with the BPA to
voluntarily reduce load on the federal agency. Under the agreement,
PacifiCorp has released BPA from its commitment to sell the utility an
average of 251 MW each year for the next five years. Other IOUs are not
acquiescing to the BPA's proposal. For instance, the BPA informed Southern
California Edison (SCE) that it would not provide 500 MW of power this summer
to the utility, under the terms of a previously reached agreement. The BPA,
which unilaterally changed the terms of the contract from a strict sales
agreement into an exchange when SCE began to have its own financial problems,
has argued that SCE has ceased providing needed power to the BPA. As a
result, the BPA will provide no further power to SCE unless it receives
financial guarantees in advance. SCE has deemed this threat as a potential
breach of contract and is currently pursuing the matter in the 9th Circuit
U.S. Court of Appeals.

Moreover, the crux of the matter presently is the dichotomy that BPA
represents in a deregulated energy market. On one hand, BPA is a federally
protected agency with access to federal funding and control over federal
lands. On the other hand, BPA&#151unlike any other federal
agency&#151controls about half of the Northwest's energy supply and in the
past has profited from power sales to other regions (mostly California). In
addition to the growing resistance from public power and aluminum groups over
BPA's plan to increase rates, other groups have raised the claim that BPA is
receiving preferential treatment from the federal government. Some critics
find it inconsistent that the Bush administration supports free market
principles in the West (evidenced by the resistance to put wholesale price
caps into place) and increased production, but at the same time might allow
BPA to break long-term power contracts. Such critics (mostly clearly
represented by the Northeast-Midwest Institute, a nonprofit Washington, D.C.
think tank) believe the Bush administration should force BPA to sell its
power to anyone who wants it at free-market rates (which of course are
consistently higher than its current cost-based rates).

In addition to potential rate increases, the BPA is attempting to secure
increased funding from the federal government. As a federal agency, the BPA
is allowed to borrow from the federal treasury to support infrastructure
upgrades such as transmission capacity and maintain federal dams that
generate the BPA's power. Recent reports have indicated that the BPA already
is spending around $1.3 billion in federal funds to modernize the region's
power grid and will request an additional $800 million from the federal
treasury for transmission upgrades and to modernize existing power-generating
facilities. Yet, at the same time, several regional groups are attempting to
block any increase in the BPA's access to federal funds, arguing that the
administration has continuously lowered its annual payments into the treasury
and therefore should not be entitled to a credit increase.

The BPA may not have directly caused the current power problems in the
Northwest, but it is clear that the federal agency engaged in overly
optimistic power contracts that it now cannot fulfill. Moving forward, the
question will be whether or not, in a supposedly deregulated market, the BPA
should be governed by any special standards given its status as a federal
agency or whether it should be held to the same rules that apply to IOUs.
While the for-profit economy of the Northwest is now in jeopardy due to
volatile power prices, stakeholders in the region object to the BPA being
able to break contracts and increase rates. Once again, this appears to be
another matter that will fall under the jurisdiction of the Bush
administration to decide as part of the nation's unfolding energy agenda.

An archive list of previous IssueAlerts is available at
www.scientech.com

[IMAGE]
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purpose in publishing its IssueAlerts is to offer  an independent perspective
regarding the key events occurring in the  energy industry, based on its
long-standing reputation as an expert on  energy issues.

Copyright 2001. SCIENTECH, Inc. All rights  reserved.


Have you been talking with ITG Posit regarding installing their software in
London?
---------------------- Forwarded by Laurel Adams/HOU/ECT on 02/16/2001 08:00
AM ---------------------------

John Greene
02/16/2001 03:25 AM
To: Julie Pechersky/Enron@EnronXGate, Laurel Adams/HOU/ECT@ECT
cc: Danielle Marcinkowski/Enron@EnronXGate
Subject: Re: AutEx /ITG Europe Platform /Instinet

Julie/Laurel,

I am back in London to continue our effort to get equity trading going over
here.  Being back in the States the past two months, however, I have not been
pushing the install of these apps.  I think we are OK on Autex and Instinet
(although there may be issues with their Win2K compliancy) but do not know
the status on ITG/Posit.  Although there may well have been further
correspondence subsequent to the e-mails below, this is the most recent I can
find.  Do either of you either know of any further developments and/or have
the install/contractual package I mentioned?

Thanks and regards,
John
---------------------- Forwarded by John Greene/LON/ECT on 16/02/2001 09:19
---------------------------

Julie Pechersky
30/10/2000 14:59
To: John Greene/LON/ECT@ECT
cc:

Subject: Re: AutEx /ITG Europe Platform /Instinet

John,
I was out on Friday and just read this message.  Let  me know what I can do
to help.

Julie

John Greene
10/27/2000 09:36 AM
To: Julie Pechersky/HOU/ECT@ECT
cc: Danielle Marcinkowski/HOU/ECT@ECT
Subject: AutEx /ITG Europe Platform /Instinet

Julie,

Do you have any recollection of receiving any software for this install?
Laurel does not have anything on it.  Please let me know as soon as possible
because if we don't have it we will have to get in touch with the vendor to
get it going.

Thanks and regards,
John
---------------------- Forwarded by John Greene/LON/ECT on 27/10/2000 15:38
---------------------------

John Greene
26/10/2000 16:58
To: Julie Pechersky/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT
cc: Danielle Marcinkowski/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Janet
Rawson/LON/ECT@ECT

Subject: AutEx /ITG Europe Platform /Instinet

Julie/Laurel,

After the flurry of e-mails below, I received a package from ITG/Posit Europe
which I subsequently sent to one of you in Houston.  I am not sure who I sent
it to but I am quite sure it got there and was "put through the channels"
because Sara Shackleton has been working with ITG on the contractual issues.
I am now trying to find out if any software was included in that package
because I would like to get the install process going pending the
finalization of the contract negotiations.  Please confirm as to whether or
not either of you are aware of this installation software.

Thanks and regards,
John
---------------------- Forwarded by John Greene/LON/ECT on 26/10/2000 16:46
---------------------------

20/10/2000 08:14
Cyrus Kazak
Cyrus Kazak
Cyrus Kazak
20/10/2000 08:14
20/10/2000 08:14
To: John Greene/LON/ECT
cc:

Subject: AutEx /ITG Europe Platform /Instinet

John,
The contracts for the AutEx system have arrived and are being processed.
Do you still require the Instinet and ITG systems I vaguely remember some
contracts being sent through do you know the status ?
Thanks
Cyrus
x35368

John Greene
08/09/2000 10:25
To: Julie Pechersky/HOU/ECT@ECT, Cyrus Kazak/LON/ECT@ECT
cc: jwhite@itgeurope.com, KSonderb@itginc.com, Laurel Adams/HOU/ECT@ECT

Subject: Re: Tech contact for ITG Europe Platform installation

Cyrus/Julie,

Can you please coordinate with Jamie White at ITG on this install.  I don't
really care how I get it.  I would presume that someone in our IT group
worked with ITG to determine the best delivery method on the original
install.  If so, please use the same architecture.  If not, please consider
the options and if we think there exists a better method than the one being
in Houston, let's upgrade the one in Houston concurrently with the London
install so the two sites are in synch.

This install will initially be for European equity trading only but we may
want to incorporate US equities at a later date as well.  Any activity on
this setup will be governed by the same agreements currently in place as it
will be done on behalf of both ECT Investments and Enron North America until
further notice.

Thanks and regards,
John
---------------------- Forwarded by John Greene/LON/ECT on 08/09/2000 10:03
---------------------------

	Enron Europe

	From:  Cyrus Kazak                           06/09/2000 10:59

To: John Greene/LON/ECT@ECT
cc: Julie Pechersky/HOU/ECT@ECT

Subject: Re: Tech contact for ITG Europe Platform installation

John
Is this for European or US equities or both ?
Do you want to trade using Internet access or would you prefer a fixed link
leased line ?
If you could let me know
Thanks
Cyrus

John Greene
06/09/2000 16:31
To: Cyrus Kazak/LON/ECT@ECT
cc: Julie Pechersky/HOU/ECT@ECT, Jamie_White.ITGE@itginc.com,
KSonderb@itginc.com

Subject: Tech contact for ITG Europe Platform installation

Cyrus,

Can you please arrange for this installation on my desktop.  Please
coordinate with Julie Pechersky and Jamie White to ensure that my setup has
the same functionality as Selena Gonzales in Houston.

Thanks and regards,
John
x3-5534
---------------------- Forwarded by John Greene/LON/ECT on 06/09/2000 16:31
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  KSonderb@itginc.com                           06/09/2000 09:43

To: jgreene@enron.com
cc: Jamie_White.ITGE@itginc.com

Subject: Tech contact for ITG Europe Platform installation

Hi John,

Please have your technology person contact Jamie White at jwhite@itgeurope.com
(670-4200 in London) to schedule an installation of the ITG Europe Platform.
Good luck getting the office set up!

Regards,
Kathy 617-692-6500


-----Original Message-----
From: 	Williams, Robert C.
Sent:	Tuesday, January 15, 2002 2:04 PM
To:	Kaminski, Vince J
Subject:	RE: My lawyer

ok

 -----Original Message-----
From: 	Kaminski, Vince J
Sent:	Tuesday, January 15, 2002 2:01 PM
To:	Williams, Robert C.
Cc:	Kaminski, Vince J
Subject:	RE: My lawyer

Bob,

Let's meet at 8:30
I shall bring him to your office.

Vince

 -----Original Message-----
From: 	Williams, Robert C.
Sent:	Tuesday, January 15, 2002 12:20 PM
To:	Kaminski, Vince J
Subject:	RE: My lawyer

Vince, I could talk with him before 9 or after 3 CST.  I am meeting with the carriers from 9-3.

 -----Original Message-----
From: 	Kaminski, Vince J
Sent:	Tuesday, January 15, 2002 12:12 PM
To:	Williams, Robert C.
Cc:	Kaminski, Vince J
Subject:	My lawyer

Bob,

I am going to speak tomorrow, Wednesday, 1/16/2002, to my lawyer, Walter Brown,
who works for Thelen Reid & Priest LLP in San Francisco.
Will you 5-10 minutes to meet him in the morning to discuss the procedure for indemnification?
http://www.brittonlaw.com/attorney/attorney_idx.htm
Vince


carl zavaretti is the only recommendation i would give.

-----Original Message-----
From: Davis, Dana
Sent: Thursday, October 18, 2001 4:36 PM
To: Davis, Mark Dana
Subject: FW: Phone Interview Results

-----Original Message-----
From: Engler, Adrianne
Sent: Thursday, October 18, 2001 4:30 PM
To: Arnold, John; Ermis, Frank; Forney, John M.; Davis, Dana; Gilbert-smith, Doug
Subject: Phone Interview Results

Good Afternoon!

Please send me the results of your phone interviews.

I need to begin to contact these candidates to arrange their transportation to Houston.

Please e-mail a yes or no for your candidates.

John Arnold - Michael Scarlata/Donald Timpanaro/Jeffrey Zaun
John Forney/Frank Ermis - Brandon Cochran/Ruben Lorenzo/Nicholas Watson
Dana Davis - Carl Zavaretti/Sam Zhou/Yvan Go
Doug Gilbert-Smith - Augustin Leon/Brian McNamara/Zoya Raynes

Thank you!!!

Adrianne
x57302


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--------------------------------------
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Houston, TX - Embassy Suites Hotel Houston, Near The Galleria - $130
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********************************
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Janie,

I regret that when you called yesterday you didn't feel that anyone outside of me knew what was going with your portfolio.  Let me reassure you that there are several that are part of the team that immerse themselves in the accounts that we manage.  Unfortunately, insurance products are held at the insurance company.  We have submitted the proper paperwork to change the broker dealer.  That has been done.  Now we're waiting for First Union to network the annuities into your account so we can see them daily.  We at anytime can call Venture and get values and allocations.  We also have your profile on a spreadsheet where we track your Venture piece, 401k, Accounts with us etc...
Let me give you the result of the Annuities;

2106218    Current market -$6,718.00  Grip value 12,617.  Currently in Cash

2016219  Current market - 52,187.00  Grip value
100,880.85.  Currently in Cash.

2235338  Current market- 204,005  Grip value
222,923.  Currently in cash.

2235337  Current market- 137,391  Grip value
160,636.  Currently in cash.

2235339  Current Market- 40,101  Grip value
44,584.  Currently in cash.

2235336  Current Market- 15,586.  Grip value
17,700.  Currently in Aim All CAP.

The grip value is the guaranteed value through annuitization.  You have a guaranteed growth rate of 6% on an annual basis, with a step up election if the market value has performed greater than 6%.  The markets were great in 98 and 99 with the first annuities that we made an invest in.  We stepped up the market performance and that is why the grip value is at the levels listed.  We are in the final stages of the annuities being networked into your accounts.  One has already shown up on the account.  The other 5 should follow through shortly.  I'll track it daily and keep you posted.  The important thing for you to know is the the positions are in cash, except Josephs (I spoke to him last night, he sure sounds like a fun guy) annuity.  Hope that this helps.

Pat

Patrick  Dowd
Senior Vice President/Investment Officer
EMERY Financial Group
phone: 713-853-2403
toll free: 866-753-9556
fax: 713-853-2366
pdowd@firstunion1.com


----- Forwarded by Gerald Nemec/HOU/ECT on 03/28/2001 01:45 PM -----

	Brian Hendon/ENRON@enronXgate
	03/28/2001 12:39 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: FW: Fw: Oil changes: Men vs. Women

 -----Original Message-----
From:  karmstrong6 [mailto:karmstrong6@hotmail.com]
Sent: Wednesday, March 28, 2001 2:12 AM
To: brian.hendon
Subject: Fwd: Fw: Oil changes: Men vs. Women

>From: "Kristy Carnes" <kcarnes@houston.rr.com>
>To: <karmstrong6@hotmail.com>
>Subject: Fw: Oil changes: Men vs. Women
>Date: Tue, 27 Mar 2001 19:56:04 -0600
>
>
>----- Original Message -----
>From: Fnl1038@aol.com
>To: Wildroseto@aol.com
>Sent: Wednesday, March 21, 2001 5:34 PM
>Subject: Fw: Oil changes: Men vs. Women
>
>
>
> > > > >Oil Changing Instructions for Women:
> > > > >
> > > > >1) Pull up to Jiffy Lube when the mileage reaches 3000 since the
>last
> > oil change.
> > > > >
> > > > >2) Drink a cup of coffee.
> > > > >
> > > > >3) 15 minutes later, write a check and leave with a properly
>maintained vehicle.
> > > > >
> > > > >Money spent:
> > > > >
> > > > >$20.00 for oil change $1.00 for coffee
> > > > >
> > > > >Total = $21.00
> > > > >
> > > > >
> > > > >Oil Change Instructions for Men:
> > > > >
> > > > >1) Go to O' Reillys auto parts and write a check for $50.00 for
>oil,
> > > >filter, kitty Litter, hand cleaner and a scented tree.
> > > > >
> > > > >2) Discover that the used oil container is full. Instead of taking
>it
> > > >back to O'Reilly to recycle, dump in hole in back yard.
> > > > >
> > > > >3) Open a beer and drink it.
> > > > >
> > > > >4) Jack car up. Spend 30 minutes looking for jack stands.
> > > > >
> > > > >5) Find jack stands under kid's pedal car.
> > > > >
> > > > >6) In frustration, open another beer and drink it.
> > > > >
> > > > >7) Place drain pan under engine.
> > > > >
> > > > >8) Look for 9/16 box end wrench.
> > > > >
> > > > >9) Give up and use crescent wrench.
> > > > >
> > > > >10) Unscrew drain plug.
> > > > >
> > > > >11) Drop drain plug in pan of hot oil: get hot oil on you in
>process.
> > > > >
> > > > >12) Clean up mess.
> > > > >
> > > > >13) Have another beer while watching oil drain.
> > > > >
> > > > >14) Look for oil filter wrench.
> > > > >
> > > > >15) Give up; poke oil filter with screwdriver and twist off.
> > > > >
> > > > >16) Beer.
> > > > >
> > > > >17) Buddy shows up; finish case of beer with him. Finish oil change
> > > > >tomorrow.
> > > > >
> > > > >18) Next day, drag pan full of old oil outfrom underneath car.
> > > > >
> > > > >19) Throw kitty litter on oil spilled during step 18.
> > > > >
> > > > >20) Beer. No, drank it all yesterday.
> > > > >
> > > > >21) Walk to 7-11; buy beer.
> > > > >
> > > > >22) Install new oil filter making sure to apply a thin coat of oil
>to
> > > >gasket surface.
> > > > >
> > > > >23) Dump first quart of fresh oil into engine.
> > > > >
> > > > >24) Remember drain plug from step 11.
> > > > >
> > > > >25) Hurry to find drain plug in drain pan.
> > > > >
> > > > >26) Discover that the used oil is buried in a hole in the back
>yard,
> > > >along with drain plug.
> > > > >
> > > > >27) Drink beer.
> > > > >
> > > > >28) Uncover hole and sift for drain plug.
> > > > >
> > > > >29) Discover that first quart of fresh oil is now on the floor.
> > > > >
> > > > >30) Drink beer.
> > > > >
> > > > >31) Slip with wrench tightening drain plug and bang knuckles on
>frame.
> > > > >
> > > > >32) Bang head on floor boards in reaction to step 31.
> > > > >
> > > > >33) Begin cussing fit.
> > > > >
> > > > >34) Throw wrench.
> > > > >
> > > > >35) Cuss for additional 10 minutes because wrench hit Miss December
> > > >(1992) in her overabundant chest.
> > > > >
> > > > >36) Beer.
> > > > >
> > > > >37) Clean up hands and forehead and bandage as required to stop
>blood
> > > >flow.
> > > > >
> > > > >38) Beer.
> > > > >
> > > > >39) Beer.
> > > > >
> > > > >40) Dump in five fresh quarts of oil.
> > > > >
> > > > >41) Beer.
> > > > >
> > > > >42) Lower car from jack stands.
> > > > >
> > > > >43) Accidentally crush one of the jack stands.
> > > > >
> > > > >44) Move car back to apply more kitty litter to fresh oil spilled
> > during step 23.
> > > > >
> > > > >45) Beer.
> > > > >
> > > > >46) Test drive car.
> > > > >
> > > > >47) Get pulled over: arrested for driving under the influence.
> > > > >
> > > > >48) Car gets impounded.
> > > > >
> > > > >49) Make bail: Get car from impound yard.
> > > > >
> > > > >Money spent:
> > > > >
> > > > >$50.00 parts
> > > > >$25.00 beer
> > > > >$75.00 replacement set of jack stands
> > > > >$1,000.00 Bail
> > > > >$200.00 Impound and towing fee
> > > > >
> > > > >Total=$1350.00
>
>
>

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


Whats up lil' Kirky.  Don't worry about getting cut off I figured your phone
just died or something.  I am so excited to come down there and hang out in
the city.  I haven't hung out in the City since turning 21 and would love to
go check things out.  That would be awesome if you could come into town on
Wednesday or Thursday night.  Maybe we could grab dinner and some drinks.  I
called your brother last night and left a message telling him that I was
going to be in town.  Hopefully he isn't mad at me for all the assing out I
did the weekend of Wilsons wedding.  I think my body is still recovering from
all those shenanigans.  Anyway I will give you a call or email you early next
week and let you know what our plan is for Wednesday and Thursday.  Look
forward to seeing ya sweetie. Take Care!


100% from Storage, cold for next 3 days


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(1)Offer not valid for IRAs, retirement, business, club, or E*TRADE
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Associates and non-U.S. residents. E*TRADE will rebate the commission
of up to $19.95 per trade on up to a maximum of 25 stock trades for
the first 30 days the qualifying account is open. You will pay the
normal rate on all stock trades at the time of the trades, and your
account will be credited with the rebate within eight weeks of account
approval and funding. For listed orders over 5,000 shares, add $0.01/share
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minimum funding in all accounts ($1,000 for cash accounts, $2,000
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E*TRADE reserves the right to terminate this offer at any time. Not
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(2) E*TRADE ranked the #1 Internet broker by the Lafferty Internet
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do not want to receive partner e-mail offers, or any
E*TRADE marketing e-mail, you can change your preferences now at:
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(C) 2001 E*TRADE Securities, Incorporated, Member NASD/SIPC. All
rights reserved. E*TRADE and the E*TRADE logo are registered trademarks
of E*TRADE Securities, Inc.


Attached, please find the "West Desk Organizational Chart".  Please note,
this is chart is for "internal use" ONLY!

gngr
713-853-7751
----- Forwarded by Ginger Dernehl/NA/Enron on 06/01/2001 04:03 PM -----

	Alan Comnes/ENRON@enronXgate
	06/01/2001 03:35 PM

		 To: Ginger Dernehl/NA/Enron@Enron
		 cc:
		 Subject: RE:

Ginger,

Can you circulate the attached chart to Government Affairs staff.  The
subject line should read "West Desk Organizational Chart."  Please put in the
cover note that the chart is for internal Enron use only.

Thanks,

Alan Comnes

 -----Original Message-----
From:  Nicolay, Christi
Sent: Thursday, May 24, 2001 6:13 AM
To: Comnes, Alan
Subject: RE:

Alan -- Can you send an email to Ginger Dernehl (for distribution to gov't
affairs) that lists the heads of the various desks in West Power?  I've had
some questions from people wanting a list.  Thanks!
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 05/24/2001
08:08 AM ---------------------------
From: Debra Davidson/ENRON@enronXgate on 05/23/2001 06:30 PM
To: Christi L Nicolay/HOU/ECT@ECT
cc:

Subject: RE:

No, we have nothing like this for West Power Trading.

 -----Original Message-----
From:  Nicolay, Christi
Sent: Wednesday, May 23, 2001 11:12 AM
To: Davidson, Debra
Subject:

Do you have a similar chart for West Power?  We found this very helpful for
Gov't Affairs people to assist trading better.  Thanks.

 << File: EastPwrOrg_0501.ppt >>


Market Participants:

The advisory billing statements for the September 2000 settlement
adjustment have completed posting to each customer's secure web site as of
10/06/2001.  Attached below is the version mapping needed for reconciling
your settlement adjustment invoices.

(See attached file: September_2000_SA1_Version_Mapping.xls)
 - September_2000_SA1_Version_Mapping.xls


There's a monthly birthday party thing at 300 up here.  I know you don't
always get the word, so here's the word.

How's your brother?

ckm


Group,

Good afternoon.  I know we have all heard it before, BUT, it is still going
on...
When entering new deals in the supplemental section of caps, PLEASE make sure
that the counterparty is ECTRT and NOT ECT.
When the counterparty is ECT, the money (OUR MONEY) would theoretically be
spread over the whole floor.

Again, I know that you have heard this at least 5 times already, therefore...
IF you have any questions...PLEASE...ask me!!!

Bill