---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
09/24/99 03:44 PM ---------------------------

	From:  Mark - ECT Legal Taylor                           09/24/99 03:03 PM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: GTC's


Gilian,

No, we don't  additional need more data. I understand Stinson Gibner has
already sent you a reply with
his findings.

Vince

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Arthur Andersen model validation request

Vince,

Was the data we provided sufficient to determine whether the Global Markets
book administrator correctly utilized the spread option model?  Please let me
know if there are any additional data requirements.

Thank you again for your assistance.

Gillian Boyer
x30968

---------------------- Forwarded by Gillian Boyer/AA/Corp/Enron on 12/18/2000
01:39 PM ---------------------------

Gillian Boyer
11/27/2000 10:25 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Arthur Andersen model validation request

Vince,

                  Our goal is to validate that the Enron Global Market book
administrators are accurately using the "spread option model" as developed by
the Research Group.    To determine this, we would like to provide you with
the inputs for a particular deal (as provided by a Global Markets book
administrator) and have you recalculate the deal value.   We will then
compare your results to the values calculated by Global Markets.

 Two Koch deals have been chosen due to their substantial P/L effect.  I have
attached the deal data in two forms: (1) the spread option model that Kara
Boudreau, Book Administrator EGM, provided and (2) an excel spreadsheet that
isolates the 2 deals.

 If there is anything more that we could provide, please don't hesitate to
call me at  x30968.

 Thank you so much for all of your help.

 Gillian

1.

2.


Title: CERA European Power Update
URL(s):

http://www.cera.com/eprofile?u=35&m=2807;

***********************************************************************

In a November 20, 2001 CERA Conference Call and Web Presentation, Scott Foster
and Tanguy Le Quenven discussed:

*  The emergence of a new risk environment in European power markets

*  Does the commoditization of power remove the need for asset ownership?

*  The winners in this market will need the right balance of contracts and
assets

Please follow the above URL to view and listen to a replay of this CERA
conference call. When the Premiere Conferencing PlaceWare window opens, simply
enter your name and click the "View" button. A "recording key code" is not
required.

Hosted by Premiere Conferencing

**end**

E-mail Category: Conference Call Playback
CERA Knowledge Area(s): European Power

***********************************************************************
**************************************************************************************
CERAWeek February 11-15, 2002 - http://www.cera.com/ceraweek

SPECIAL OFFER: Register on-line before November 30th, and a 2-Day Pass
will be upgraded to a 4-Day Pass (maximum $1,800 value).
Day 1: Global Oil/Refined Products;
Day 2: Natural Gas/Global Energy;
Day 3 & 4: Electric Power
**************************************************************************************

To make changes to your cera.com profile go to:
http://www.cera.com/client/updateaccount

Forgot your username and password? Go to:
http://www.cera.com/client/forgot

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


johnny cash is so  cool


Mr. Kean,

As we discussed on the telephone this morning, I would like to forward my
resume to you because I believe that you will be interested in reviewing my
resume.

I believe that I have the qualities that will benefit Enron. I have strong
quantitative skills, and my experience as a project engineer gives me
experience dealing with people and getting things done on time and under
budget.

I am excited about Enron because I believe that working in a growing and
developing company can help me to grow and develop.

Thank you for forwarding this and I hope to hear from you soon.

Mike Wright

 - Wright-resume_2-2.doc


----- Forwarded by Jeff Dasovich/NA/Enron on 04/04/2001 10:59 PM -----

	Jean Munoz <jmunoz@mcnallytemple.com>
	04/04/2001 08:51 PM

		 To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "Dean. Nistetter (E-mail)"
<Dean.Nistetter@dynegy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>,
"'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'"
<smutny@iepa.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>,
"'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'"
<john.g.larrea@williams.com>, "'John Stout (E-mail)'"
<John_H_Stout@reliantenergy.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'kent
Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky
(E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)"
<mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'"
<mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell
(E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom
Williams (E-mail)" <tcwillia@duke-energy.com>, "'Alex Sugaoka (E-mail)'"
<alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'"
<william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'"
<billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob
Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'"
<cody.carter@williams.com>, "'Curt Hatton (E-mail)'"
<Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>,
"'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'"
<fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'"
<dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>,
"'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'"
<eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'"
<frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)"
<frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'"
<Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim
Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'"
<jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'"
<jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>,
"'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'"
<khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'"
<kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'"
<lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'"
<marty_mcfadden@ogden-energy.com>, "'Paula Soos'"
<paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'"
<rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)"
<rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'"
<rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>,
"'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'"
<steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>,
"'William Hall (E-mail)'" <wfhall2@duke-energy.com>,
<trusso@mcnallytemple.com>, <sadlersa@earthlink.net>, <mstultz@epsa.org>,
<rtemple@mcnallytemple.com>, <tracy.fairchild@edelman.com>,
<megan.beiser@edelman.com>, <deborah.fiorito@dynegy.com>, <lchurch@epsa.org>,
Katie Kaplan <kaplan@iepa.com>, <tcwillia@duke-energy.com>,
<rwhyde@duke-energy.com>
		 cc:
		 Subject: Davis Press Conference

As you may have heard, Governor Davis intends to hold a press conference
Thursday evening at 6:05 PST to deliver "an important live address on energy
... will speak in detail about California's energy emergency and make an
important announcement." ?He has requested five minutes during evening
newscasts to make his remarks.

While there is no way to know specifics, we've heard rumor that his remarks
will include the following:

1. Discussion of rate increases
2. State's conservation efforts
3. Blame FERC for crisis
4. Point out what a great job he is doing

IEP is prepared to react immediately to the Governor's remarks if needed. ?

Below are two Dow Jones stories on the press conference, and a memo that was
released by Davis' top financial adviser, Joe Fichera.

We'll keep you posted -- but please alert me or Katie if you hear anything.

Thanks,
Jean

--
Jean Munoz
McNally Temple Associates, Inc.
916-447-8186
916-447-6326 (fx)

Calif Gov To Make 'Important' Energy Announcement Thurs  ????
Updated: Wednesday, April 4, 2001 08:17 AM?ET ????
?
(This article was originally published Wednesday)

By Jason Leopold

OF DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--In a highly unusual move, California Gov. Gray Davis
Tuesday requested radio and television stations in the state to clear five
minutes of time Thursday evening so he can make an important announcement
regarding the state's energy crisis.

Davis is expected to deliver a speech at 6:05 p.m. PST and will likely talk
about the state's conservation efforts, a 4,000 megawatt shortfall expected
next month, the need to bring new generation online, recent rate hikes
ordered by the California Public Utilities Commission, and the possibility
for further rate increases this summer to keep the state's three
investor-owned utilities solvent, sources close to Davis told Dow Jones
Newswires.

The source said Davis is not expected to discuss a final agreement to buy the
power lines owned by PG&E Corp. (PCG, news, msgs), unit Pacific Gas &
Electric, Edison International's (EIX, news, msgs) unit, Southern California
Edison, and Sempra Energy's (SRE, news, msgs) unit, San Diego Gas & Electric.

Davis' press secretary, Steve Maviglio, would not comment on Davis' speech.

In a memo to the media, Davis' office said the governor will "deliver an
important live address on energy from his office in Sacramento. During this
historic address to the people of California, the governor will speak in
detail about California's energy emergency and make an important
announcement."

The last time a California governor interrupted a broadcast schedules was in
1992, when Republican Gov. Pete Wilson delivered a speech about the state's
budget problems, a spokesman in Davis' office said.

But Davis' staff said "this is the first time in recent memory that a
Governor has asked for time statewide to deliver a live address to the people
of California."

-By Jason Leopold; Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com

Calif Gov Staff To Speak To Analysts About Energy Crisis ?? ??
Updated: Wednesday, April 4, 2001 05:37 PM?ET ???
?
LOS ANGELES (Dow Jones)--California Gov. Gray Davis' advisers will speak to
Wall Street analysts Thursday following a live state address on the state's
energy crisis, according to an email sent to the financial community and
obtained by Dow Jones Newswires.

Daivs' staff, in a highly unusual move, asked radio and television
broadcasters to clear five minutes of air time Thursday night so Davis can
make an "important announcement" about the state's months-long energy crisis.

Sources close to the governor said Davis will discuss the state's
conservation efforts, a 4,000 megawatt supply shortfall expected this summer,
recent rate increases ordered by state regulators and the possibility for
further rate increases to replenish the state's budget surplus.

Davis is expected to discuss plans for keeping the state's three
investor-owned utilities, PG&E Corp. (PCG, news, msgs) unit Pacific Gas &
Electric, Edison International (EIX, news, msgs) unit Southern California
Edison and Sempra Energy (SRE, news, msgs) unit San Diego Gas & Electric,
solvent but he isn't expected to discuss a proposal to buy the utilities'
power lines.

Davis spokesman, Steve Maviglio, said he couldn't comment on the governor's
speech. He said, however, Davis has received the financial data regarding the
state's spending on wholesale electricity and what it expects to spend in the
months ahead.

In the email sent to Wall Street analysts, Davis' top financial adviser, Joe
Fichera, said the governor's advisers will hold a conference call at 9:45
p.m. EDT (0145 GMT) with analysts followed by a question-and-answer session.

Regarding Davis' speech Thursday, Fichera wrote in his email that "while
everyone will wish to speculate on what (Davis) will or will not say, I can
point out that the governor has been consistent in his goals to achieve:
significant demand side management, increased generation supply and
restoration of the financial health of the investor-owned utilities.

"All three components are important elements to resolving the energy
situation in California and will be addressed by the governor," Fichera wrote
in the email.

In addition, "it may go without saying, but the situation in California
involves many moving parts, many constituencies and independent players that
need to be brought together to resolve a problem that is of a size and scope
that no one anticipated," Fichera's email says.

"It certainly appears confusing and chaotic. The governor and his team
recognize the complexity of the problem and are rigorously attempting to move
the process to closure," the email says. "He is addressing all open issues so
that consumers, investors and others can achieve some certainty and move on.
We cannot make all the moving parts stop, nevertheless, the governor will
provide the leadership needed for a resolution."

-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com ????? ???

To: Members of the Financial Community
>
> Governor Gray Davis will make an important announcement about the energy
> crisis in California on Thursday at 6:05 PM PST.
>
> There will be a Financial Analyst conference call/presentation/Q&A with
> the Governor's advisors at 6:45 pm PST/9:45 pm EST. ?Details about the
> call-in number etc. will follow.
>
> While everyone will wish to speculate on what he will or will not say, I
> can point out that the Governor has been consistent in his goals to
> achieve:
> ?
> 1) significant demand side management (which reduces the State's need for
> expensive power and influences the spot market for power ),
> 2) increased generation supply (to provide reliability and stable prices)
> and
> 3) restoration of the financial health of the investor-owned utilities.
>
> All three components are important elements to resolving the energy
> situation in California and will be addressed by the Governor.
>
> It may go without saying but the situation in California involves many
> moving parts, many constituencies and independent players that need to be
> brought together to resolve a problem that is of a size and scope that no
> one anticipated. ?It certainly appears confusing and chaotic. ?The
> Governor and his team recognize the complexity of the problem and are
> rigorously attempting to move the process to closure. ?He is addressing
> all open issues so that consumers, investors and others can achieve some
> certainty and move on. ?We cannot make all the moving parts stop
> nevertheless, the Governor will provide the leadership needed for a
> resolution. ?
>
> We look forward to speaking with you tomorrow after the Governor's
> address.
>
> In the meantime, if you would like to speak to me or have any other
> questions, contact me at the numbers below.
>
> J
>
> Joseph S. Fichera
> Senior Managing Director & CEO
> Saber Partners, LLC
>
> Banker-Advisor
> Office of Governor Gray Davis
> State of California
> Sacramento, CA ?
>
> Tel: 916-324-3628
> Cel: 917-862-0619
>

 - Action Items


I know you guys have been working to secure supply for the H. Galleon.  I
wonder if we should do some sort of tender for fob princing, allowing us
whatever freedom we want with the ship.  I'm not sure we should kill
ourselves for a few pennies--I'd even let the ship stay empty and maybe force
some of our will on the LNG market if possible, in effect creating more of a
spot market.  Maybe EOL.   Any thoughts?

Jeff


It's just that I can't begin to imagine a better or more noble spokesman,
especially portrayed in the light of a martyr, than you.  Will you wear the
shirt?  I think the camera loves it.

Mark


Today, we received a letter from FERC notifying us that they are initiating an inquiry to increase "their understanding of the scope and development of electronic trading in electric power and natural gas markets."   FERC is requesting that EnronOnline "cooperate" with the inquiry.  The letter states that they will be sending us a request for information, and visiting our offices in Houston.

We're not certain what FERC is after with this inquiry, but wanted to make sure you were aware of this development.   We are looking into this, and will get back to you asap with further information.

Lisa Yoho
Government Affairs


Let me know if this has not been done.

Ina
---------------------- Forwarded by Ina Rangel/HOU/ECT on 01/17/2001 01:35 PM
---------------------------

From:  Karen O'Day @ ENRON
         01/17/2001 10:54 AM

To: Ina Rangel/HOU/ECT@ECT
cc:
Subject: Re: URGENT APPROVAL NEEDED

Approval has been sent to him with his log-in.

Ina Rangel@ECT
01/17/2001 10:03 AM
To: approval.eol.pcg@enron.com
cc:

Subject: URGENT APPROVAL NEEDED

You have received a request for John Griffith (request id# 13515) and we need
this request processed as soon as possible please.  He needs to begin trading
and is waiting on this.

Thanks,
Ina Rangel
X 3-7257


We are in the process of confirming that all traders are set up correctly and ready to trade when the system goes live.

We need to make sure that your Stack Managers are accessing the correct database. In order to do this, we need to know how you access Stack Manager:

1) Through Terminal Server (the one that opens up a desktop within a desktop and it actually appears that you have two Start buttons).
or
2) By opening the Stack Manager directly from your "native" desktop.

Please reply to this message with either a corresponding "1" or a "2" in the subject field.

If you're not sure which one you have, please contact myself x39673, Teresa Mandola x39807 or Jennifer McQuade x53614 and we'll come by your desk to help you.

Thank you,

Dan Diamond


At the staff meeting on Monday, Dennis Vegas gave a very brief marketing
presentation.  A copy of the presentation is attached below for those of you
that were not in attendance or for anyone that would like an electronic
copy.  Please feel free to contact Dennis at 713-345-4120 if you would like
to discuss the contents or if you require support.

Thank you.

Cathy Phillips
X-36898


Two Executives Leave Houston-Based Energy Firm's Broadband Arm
Houston Chronicle - Texas, 08/31/01
Utility could raise some rates by 60 percent
Associated Press Newswires, 08/31/01
INDIA PRESS:Fincl Cos Want MSEB To Buy Dabhol Electricity
Dow Jones International News, 08/31/01
India: US and China: Back to courting
Business Line (The Hindu), 08/31/01

Two Executives Leave Houston-Based Energy Firm's Broadband Arm

08/31/2001
KRTBN Knight-Ridder Tribune Business News: Houston Chronicle - Texas
Copyright (C) 2001 KRTBN Knight Ridder Tribune Business News; Source: World Reporter (TM)

Two Enron Corp. executives who headed the company's foundering broadband business left Enron to pursue other opportunities, Enron said Thursday.
Ken Rice, 43, chairman and chief executive of Enron Broadband services left, as did Kevin Hannon, 41, chief executive of Enron Global Assets and Services. Hannon had been president and chief operating officer of the broadband unit.
Both men previously had other executive roles at Enron.
Rice had most recently been helping Enron to move its pared-down broadband operation into its wholesale services division. Wall Street has been expecting Rice to leave Enron.
Enron's broadband business suffered as the telecommunications industry melted down. A deal with Blockbuster that fell through earlier this year was also considered a setback.
For the second quarter, broadband reported a $102 million operating loss, compared with an $8 million operating loss for the same quarter a year ago.
When Enron reported second-quarter results in July, it said it would significantly reduce spending in broadband "to match the reduced revenue opportunities currently available."
The elimination of up to 250 broadband jobs in April preceded the announcement.
The two departures follow Jeff Skilling's surprise announcement about two weeks ago that he was stepping down as Enron's chief executive officer for personal and family reasons.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Utility could raise some rates by 60 percent

08/31/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.

PORTLAND, Ore. (AP) - Nearly 730,000 Portland General Electric customers could see a rate hike of 30 to 60 percent Friday if state regulators approve the increase as expected.
PGE's 637,000 residential customers would see a rate increase of roughly 30 percent, while its 90,000 business customers could face increases of 40 to 60 percent, according to PGE estimates.
"The price increase is completely about power costs," said Peggy Fowler, the utility's president and chief executive officer. "We've tried to hold off as long as we could. But these truly are unprecedented times."
Since late last year, utilities throughout the Northwest have been raising rates by double-digit percentages. PGE avoided the trend by coming out ahead on power trades and deferring some costs.
The utility serves more Oregonians than any other in the state. Most of its customers are in the Willamette Valley.
PGE requested the increases a year ago. If the Oregon Public Utility Commission announces Friday it has approved the request - as is expected - the new rates will take effect Oct. 1.
Customer advocacy groups questioned whether PGE could justify the need for such a large increase.
"They should be looking for ways to cut spending" to offset the rise in power costs, said Bob Jenks, executive director of the Citizens Utility Board.
Julie Brandis, a lobbyist for the 19,000-member Associated Oregon Industries, said PGE should cut payrolls and slash operating budgets before raising its rates.
She said rate increases of up to 60 percent mean thousands of dollars of additional monthly expenses to businesses already struggling to survive.
"It will greatly impact the economy of Oregon," she said.
PGE officials said the rate increases reflect the projected costs of buying and generating electricity from Oct. 1 on.
Power costs beyond what had been anticipated for Jan. 1 through Sept. 30 have been accumulating in a deferred account set up by regulators. The company will file another rate request next spring to recover those costs, officials said.
PGE serves customers by generating electricity at utility-owned power plants and by buying power on wholesale markets. The split between company-generated and purchased power is roughly 50-50.
This year, wholesale prices on short-term, or "spot," markets have dropped dramatically, from a high on May 9 of $520 a megawatt hour to Thursday's low of $22.22 a megawatt hour.
The drop hurts PGE, which earlier this year purchased extra supplies of power in anticipation of profitable trades this summer and fall.
PGE residential customers pay about 5.8 cents a kilowatt hour, plus a monthly flat fee of $5.50. Customers use, on average, about 1,000 kilowatts a month.
The increase incorporates a new tiered-rate structure, in which customers pay one rate for the first 225 kilowatt hours and a higher rate for additional energy use.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

INDIA PRESS:Fincl Cos Want MSEB To Buy Dabhol Electricity

08/31/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW DELHI -(Dow Jones)- Indian lenders to U.S.-based Enron Corp.'s (ENE) unit, Dabhol Power Co., are insisting on the resumption of the purchase of power by its sole buyer, the Maharashtra State Electricity Board, from the 740 megawatt first phase of the DPC plant, reports the Economic Times.
The financial institutions, led by the Industrial Development Bank of India (P.IDB), have said that unless phase I of DPC is reactivated the cash flow of DPC won't improve and it will be difficult for the project to find a buyer, according to the report.
The matter was discussed by a committee comprising the financial institutions, MSEB, Central Electricity Authority and India's Ministry of Petroleum. The MSEB has not given any commitment, but has asked the financial institutions to submit a formal proposal in this connection, the report added.
The financial institutions supporting Dabhol have an exposure of over 51.25 billion rupees ($1=INR47.14). Enron has a 65% controlling stake in the Dabhol project.
The DPC's phase I 740 megawatt power plant has been inoperative since May 29 after the MSEB claimed the company's power tariffs were "exorbitant and unaffordable," and stopped drawing electricity. Work on the roughly 95% complete 1,444 megawatt Dabhol phase II was also stopped soon after the dispute began.
The Dabhol-MSEB dispute is before the courts.

Web site: http://www.economictimes.com
-By Himendra Kumar; Dow Jones Newswires; 91-11-461-9426;
himendra.kumar@dowjones.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

India: US and China: Back to courting

08/31/2001
Business Line (The Hindu)
Fin. Times Info Ltd-Asia Africa Intel Wire. Business Line (The Hindu) Copyright (C) 2001 Kasturi & Sons Ltd. All Rights Res'd

POLITICALLY hard and unyielding, but economically flexible and alluring.
Those are the defining characteristics of the present Chinese leadership.
Even while welcoming American businessmen with open arms and going out of its way to facilitate their business activities in China, Beijing never hesitated to stand firm against the US when its national interests were involved.
It never allowed its interest in US investment flows to dilute its adherence to its political principles, and it never allowed the frictions in its relations with Washington due to its adherence to its principles to prejudice it in its attitude towards American businessmen. Beijing learnt that what was really important was not the certificate of good governance from American political leaders, but from their businessmen.
The Chinese leadership also learnt many years ago that:
* Political frictions between two capitals do not necessarily deter US businessmen so long as they are assured of the safety of their lives and investments and have a free hand in making profits.
* In a globalising world, business interests are an important component of strategic interests and no US administration, Democratic or Republican, can afford to ignore the views and interests of its businessmen. Ultimately, the compulsions of business interests will prevail over those of ideology and politics.
Dark clouds had gathered over US-China relations ever since Mr George Bush Jr. was elected the US President in November last. A paranoia over what was projected as likely threats to US interests in the Asia-Pacific region due to the fast-emerging Chinese economic and military power was the dominant feature of the campaign speeches, of the debates in Republican circles before the inauguration, and of the actions of the new Administration in its first few months in office.
No other members of the new Administration reflected this paranoia more disturbingly than Mr Donald Rumsfeld, the new Defence Secretary, and to a lesser extent, Ms Condoleezza Rice, the National Security Adviser. China was projected as a strategic competitor and not partner as it had been glorified to be by Mr Bill Clinton, the previous President.
Actions such as the attention to the Dalai Lama when he visited Washington DC and clearance to arms sales to Taiwan in the face of Beijing's opposition were all influenced by the conservative, distrust- China lobby in the Republican Party.
Gen (retd). Colin Powell, Secretary of State, who is more a professional than an ideologue, found himself without adequate voice in policy-making with regard to China in the first few months. It is the ideologues who prevailed.
But things started changing from the day Mr Rumsfeld allegedly issued an order suspending periodic interactions between the armed forces of the US and China, which had been initiated by the Clinton Administration as a confidence-building measure. It was reported that the past President, Mr George Bush Sr, the father of the current incumbent, was shocked by this order and pointed out to Gen Powell and Ms Rice the inadvisability of unnecessarily needling China.
Mr Rumsfeld wriggled out of an embarrassing situation by claiming that his instruction for a case-by-case clearance of future interactions had been misinterpreted by a Pentagon official as suspension of the interactions. It was from that time onwards that one could see Gen Powell playing a more active role in China policy-making and a beginning of a possible diminution in the role of Mr Rumsfeld and Ms Rice. Other influential personalities too joined in strongly deploring the anti-China paranoia being created by the conservative ideologues which, they pointed out, could be counter-productive.
Dr Henry Kissinger, former National Security Adviser and Secretary of State, was one of the strongest critics of this artificially-created paranoia. How can a nation (China) with an annual defence budget of $12 billion pose a threat to a nation (the US) with an annual defence budget of $350 billion, he asked. He pointed out that just because China was modernising its Armed Forces in keeping with its present-day requirements, it could not be perceived as a threat to American interests.
China conducted itself during these difficult months in an exemplary manner. It kept up its strong criticism of the US policies towards Taiwan and Tibet and on espionage flights. It joined hands with Moscow in strongly opposing the missile defence initiative of Mr Bush. It kept up its clandestine supply of missile and missile components to Pakistan. According to American intelligence estimates, as quoted by the Washington Times, 12 consignments have gone by ship and road to Pakistan since Mr Bush Jr assumed office. It did not hesitate to prosecute American nationals/residents of Chinese origin arrested on charges of spying, but let them leave the country after a proforma conviction.
At the same time, it kept reiterating its continued interest in a co-operative relationship with the US and underlining the inevitability of the restoration of the warm vibrations of the past. It stepped up its imports from the US in order to reduce the trade deficit, which is presently unfavourable to Washington. It accelerated negotiations on pending business contracts with US companies. According to the latest Chinese Customs figures, Chinese imports from the US increased 17.9 per cent to $12.5 billion as against only a six per cent increase in exports to the US ($25.02 billion) during the first half of this year.
Beijing reportedly permitted five of its airline companies to buy 36 Boeing-737 aircraft with a combined price tag of $2 billion and the Air China to purchase four Boeing 737-800s.
One could see the benign impact of the pressures on the Administration from professional strategic experts and business interests in the changed language during Gen Powell's visit to Beijing in the last week of July, 2001. After his one- day talks in Beijing with President Jiang Zemin and other Chinese leaders, he said: "We view China as a friend, not as an adversary." He never once used the expression, 'strategic competitor'.
Gen Powell emphasised the Bush Administration's desire to build "constructive, forward-looking relations" with China. "China and the United States have a strong common interest in seeing a stable Asia and a world where economies can thrive and security needs can be met," he added.
He admitted that major differences remained on issues such as Taiwan, China's proliferation of weapons of mass destruction such as its continued supply relationship with Pakistan and human rights, but added that Beijing had agreed to the subjects of proliferation and human rights being further discussed by experts from the two countries before President Bush's visit to China in October.
Thus, one could see that Sino-US relations are on the mend as a result of re-thinking in Washington. Mr Clinton too came to office in January, 1992, with a negative image of China which later on turned into a very positive one, but this transformation took some time to come about. In the case of Mr Bush, it has come about within seven months of his assuming office.
India has valuable lessons to learn from this. Our policy towards the US is perceived by many to be politically malleable, but economically devoid of content. The rapidity with which we welcomed Mr Bush's missile defence initiative, even when the US' closest allies such as the UK preferred to wait and study before reacting, the way we seem to have allowed the positive assessment of the US security experts on Pakistan's Gen Pervez Musharraf to prevail over the negative assessment of our own experts, thereby, creating the Agra embarrassment, show a tendency to let judgments and actions in such matters be influenced by US perceptions.
At the same time, the economic dimension of India's relations with the US has not received the required attention. Even earlier, the analysts of conservative think-tanks close to the Republican Party viewed the economic management of the Government as lackadaisical.
This negative perception seems to have been strengthened by the Enron case. There is, consequently, a danger of the interests of US businessmen in India gradually evaporating.
The country seems to be under an illusion that foreign businessmen will flock to it just because it has a functioning democracy, a modern legal system and a population of one billion. More than this, what is important is their perception that India has a government which manages the economy competently and makes the business atmosphere investor-friendly, for domestic as well as foreign investors. One looks in vain for such a perception.
B. Raman
(The author is a former Additional Secretary, Cabinet Secretariat, Government of India.)

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.


Vince
Marc and I spoke about the JCC Brent relationship. I don't know enough about
JCC to have a view if putting JCC on EOL is a good idea. Would be interested
to know the realtionship to Brent and learn more about it. Also spoke to John
Chismar about JCC. It sounds pretty non-liquid acc. to John.

Let me know if there is something we can do.

regards
chris glaas

	Enron Capital & Trade Resources Corp.

	From:  Marc De La Roche                           13/10/2000 13:18

To: Chris Glaas/LON/ECT@ECT
cc: Doug Leach/HOU/ECT@ECT, Kevin Kindall/Corp/Enron@ENRON

Subject: Re: Japanese Crude Cocktail & Prompt Brent

Chris,

Thanks for the response. The comment about hedgeing JCC with Brent is right
on if the exercise is to hedge our own LNG positions that we have tieds to
JCC. Note that the high JCC correlation to Prompt Brent is not something that
is obvious to non-Enron LNG-tied-to-JCC buyers. If you are an LNG-tied-to-JCC
buyer, and you wish to hedge your purchases, wouldn't you want to be able to
transact ona a JCC contract? My objective is to have a JCC contract on EOL,
whereby we, Enron, take the JCC/Brent risk (which is why we asked Vince
Kaminski's group to study the relationship and give us a hedge ratio to use).
I'm attaching a model used to calculate JCC for Dabhol Power Co.'s Adgas and
Oman LNG contracts. Basically what happens is that all the "raw oil" volumes
imported into Japan and added up and the total price is divide by the total
volume, and there is a Yen/US$ foreighn exchange component as well. That is
JCC. It was designed by the Japanese so that they could tie their LNG imports
to their average price of crude imports whereby the LNG would be cheaper on
an MMBTU basis.

Comments?

Brgds,

Marc

Chris Glaas
10/13/2000 03:11 AM
To: Marc De La Roche/HOU/ECT@ECT
cc:
Subject: Re: Japanese Crude Cocktail & Prompt Brent

Marc

regarding putting JCC on EOL I get a negative respons from our Sing office.
It is not a very liquid market. Everyone is going the same way.
I understand there is good correlation between Brent and JCC. I know little
about JCC, but if there is good correlation u should be able to hedge
yourself with Brent. I need to know more about how JCC works in order to help
u, if u require any help at all?

Let me know
chris glaas

	Enron Capital & Trade Resources Corp.

	From:  Marc De La Roche                           10/11/2000 03:16 PM

To: Chris Glaas/LON/ECT@ECT
cc: Doug Leach/HOU/ECT@ECT, Larry Gagliardi/Corp/Enron@Enron

Subject: Japanese Crude Cocktail & Prompt Brent

Chris,

Some of EGM's LNG Group's LNG is priced using a JCC-based formula. There's
also a lot of other LNG contracts that use JCC as the pricing basis. In June
we obtained sign-off from Vince Kaminski's group to hedge JCC using Prompt
Brent (see the messages with the relevant hedge ratio below). Can we set up a
contract on EOL, using the Prompt Brent-JCC hedge ratio, to hedge JCC?

FYI, on a BTU conversion basis:

Therefore, to hedge 1000 MT of LNG, a customer would need to transact on a
hedge for 9000 BBL of JCC. Can we list a JCC swap in 9000 BBL/month
increments?

Thanks in advance,

Marc
---------------------- Forwarded by Marc De La Roche/HOU/ECT on 10/11/2000
08:32 AM ---------------------------

Kevin Kindall@ENRON
06/06/2000 03:47 PM
To: Marc De La Roche/HOU/ECT@ECT
cc:
Subject: Re: JCC & Brent

Yes on both counts.

-Kevin K.

	From:  Marc De La Roche @ ECT                           06/06/2000 02:50 PM

To: Kevin Kindall/Corp/Enron@ENRON
cc: Grant Masson/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT

Subject: Re: JCC & Brent

Kevin,

Thanks for the information. For avoidance of doubt, please confirm:

That the  relationship means that to hedge ten thousand barrels of JCC in
September '00, I would have to enter into a financial transaction for 6706
barrels of Prompt (August) Brent, and;

That this email constitutes your groups (Vince Kaminski's) sign-off on using
this hedge ratio to hedge JCC and JCC-based products?

Thanks in advance,

Marc de La Roche

Kevin Kindall@ENRON
06/06/2000 02:18 PM
To: Marc De La Roche/HOU/ECT@ECT
cc: Grant Masson/HOU/ECT@ECT
Subject: Re: JCC & Brent

 Good afternoon.  I have performed a review of the JCC data that you sent
some time ago.  The study was done using several different Excel workbooks,
and are available upon request.  Relevant charts are embedded in the
Powerpoint attachment.  Questions/comments welcome.

-Kevin Kindall


We should be ECT Investments Inc.


With respect to the laundry list Dave D sent you:

1. Press Releases-the press release has not yet been prepared, but a first
draft was worked up by FCEL's consel. Cle Dade and I are going to look at it
with respect to what we think it should say, but have not yet done so.

2.Term Sheet -I will send you a draft of the most recent term sheet I am
aware of by separate email..I believe they are in discussions with FCEL on
that draft, but nothing has been signed.

3.Disclosure Discussions-I will also send you under separate email the
initial draft of the "talking points" for the disclosure discusison. It is
new and has not been discussed internally yet.

4.Contracts-Initial drafts of the documents for the purchase of the equity
have been drafted and we await comments from FCEL's counsel.  Kay Mann is
handling the "State" side of the deal and I request Kay by copy of this memo
to advise you on what the status of any dealings with the state might be.

5.Regulatory Filings-There will be no filings required with respect to the
purchase of the equity, unless we have to file a Sched. 13D, which will
depend upon the timing of the option vesting.  My gut reaction is that we
will probably need to file the 13D, but it is a routine filing.  I do not
know what will be required in terms of hearings in the state process and
again request Kay to please advise us on that.

It seems to me thay we should get a little farther along before we meet with
the team on this, but I defer to your judgment.  Let me know what you want to
do.

                                                                Dan

	Mark E Haedicke
	09/25/2000 02:31 PM

		 To: Dan Lyons/HOU/ECT@ECT
		 cc:
		 Subject: FCEL

Dan, please prepare a list of items you think I should sign off on and then
set up a meeting where we can review that list with the whole team.     Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 09/25/2000 02:29 PM -----

	David W Delainey
	09/22/2000 06:32 PM

		 To: Janet R Dietrich/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT, Heather
Kroll/HOU/ECT@ECT, Charles Vetters/HOU/ECT@ECT, Jeffery Ader/HOU/ECT@ECT
		 cc: Cliff Baxter/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Jeff
Donahue/HOU/ECT@ECT, Greg Whalley/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron
		 Subject: FCEL

Guys, I have spoken to Cliff and Mark and we are comfortable moving forward
under the structure we have discussed.

 FCEL: - $5MM in equity and 1.3MM warrants from corporate treasury stock that
vest based upon 60MW of orders;
  - discussion with FCEL in which we disclose ALL infromation we have about
the potential Conn. deal - I will require that myself and Mark be on   that
call;
  - the transaction is fully press released immediately.

 CRRA: - subject to final due diligence on the development risks, we provide
the management and wrap for CRRA on the potential fuel cell development
opportunity that consists of between 25 and 50 MW;
  - any appropriation of funds from the government will require DPUC hearing
at which we will fully disclose in a factual manner our interest in    FCEL.

I will require that Mark Haedicke manage this process and sign off on all
press releases, term sheets, disclosure discussions, contracts and regulatory
filings.  I believe that we have this managed appropriately as long as we
manage the process as per the script and in a factual manner.

Thanks
Delainey


Thanks so much for the message.  I am proud of myself for completing this
race.  I need to figure out how I am going to keep off the weight.  Love you
lots,
Ben


No intent to make people pay twice.  Anticipated that Edison might not want
to be at risk for costs associated with retail gen service (e.g., AS, GMC,
shaping) while only allowed to charge the wholesale price.  Any changes
necessary to ensure no double counting are welcome.

Also, if 30 days seems to short to for some customers do strike a deal with
either the utility or an ESP, then it might be appropriate, and I wouldn't
object, to extending it to 90 days.  In my conversation with Dorothy, both 30
and 90 came up.  90 is reasonable, but it would seem to be the uppermost
limit.

Thanks very much for the comments.

Best,
Jeff

	BRBarkovich <brbarkovich@earthlink.net>
	07/09/2001 06:12 PM

		 To: dhunter@s-k-w.com
		 cc: Ann.Cohn@sce.com, "'Dorothy Rothrock (E-mail)'" <drothrock@cmta.net>,
"'John Fielder (E-mail)'" <fieldejr@sce.com>, "'Phil Isenberg (E-mail)'"
<isenberg@hmot.com>, "'Jeff Dasovich (E-mail)'" <jdasovic@enron.com>, "'Keith
McCrea (E-mail)'" <kmccrea@sablaw.com>, "'Linda Sherif (E-mail)'"
<lys@a-klaw.com>, "'Linda Sherif (E-mail 2)'" <lysherif@yahoo.com>, "'Gary
Schoonyan (E-mail)'" <schoongl@sce.com>, "'John White (E-mail)'"
<vjw@cleanpower.org>, "Dominic DiMare (E-mail)"
<dominic.DiMare@calchamber.com>
		 Subject: Re: REVISED Merged Leg Document

I do not agree with Jeff's changes to Dorothy's language and I am not sure if
Dorothy does.
In particular, I don't know what is meant by the language in the definition
of Spot Market
Service which says "and shall include all costs incurred by the electrical
corporation to
provide retail electric service" which seems to me to go way beyond even
energy service.  I
am also concerned that there be no way that customers have to pay for A/S
twice.

Second, I think 30 days is too short a time for a customer on Spot Market
service to elect
DA or Term Service, since if the UDC is providing Term Service on a best
efforts basis, that
option might not even be available within 30 days.  Barbara

Delaney Hunter wrote:

> Folks-
> Sorry for the delay --- major computer problems over here. I have used Ann's
> document and added the changes I made as a template. It is in redline and
> the questions are highlighted as well. Please look over it carefully and if
> there is language you are going to provide please do it post haste.
>
> WE WILL NOT HAVE A 2:00 CALL --- I think most folks are just too damn busy.
> So, if there is a question, problem, disagreement, etc on language please
> work it out amongst yourselves and send me new language if applicable.
> Remember this is due to Rick BY 5:00 PM TODAY!!!!!
>
> Call me with questions,
> Delaney
>
>   ------------------------------------------------------------------------
>                                       Name: REVISED Merged Leg Language.doc
>    REVISED Merged Leg Language.doc    Type: Microsoft Word Document
(application/msword)
>                                   Encoding: base64


I don't think they are using reply to all.  This message is not.  I think
they are just hitting reply and the list is sending it to everyone.

-----Original Message-----
From: Phillips, Dennis - PSP-5 [mailto:dwphillips@BPA.GOV]
Sent: Wednesday, May 16, 2001 2:33 PM
To: RRGA-L@LIST.RTOWEST.ORG
Subject: Re: RTO WEST MAILING LIST

My sentiments exactly!!!!

-----Original Message-----
From: Garnett, Gerry [mailto:Gerry.Garnett@BCHYDRO.BC.CA]
Sent: Wednesday, May 16, 2001 11:43 AM
To: RRGA-L@LIST.RTOWEST.ORG
Subject: RTO WEST MAILING LIST

How nice it would be if EVERYONE (including me?) stopped using reply to all.
PLEASE STOP USING REPLY TO ALL!!!!!!!!!!!

You were told in the note note below how to remove yourself from the list
without sending it to a long list of people who have absolutely no interest
in knowing whether or not you are on the list or want to be removed from the
list.
   ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
   Gerry Garnett    gerry.garnett@bchydro.bc.ca
<mailto:gerry.garnett@bchydro.bc.ca>       B C Hydro
        Manager, Network Operation Services         at  Burnaby Mountain
                 *  c/o 6911 Southpoint Drive, Burnaby, B.C.  V3N 4X8
                               *  (604) 473-2726       Fax: (604) 473-2722

----------
From:  Margaret Schaff [SMTP:mschaff@WORLDNET.ATT.NET]
Sent:  Wednesday, May 16, 2001 7:11 AM
To:  RRGA-L@LIST.RTOWEST.ORG

Sarah,
I'll still remain on the RRG and other lists even if I get off this one,
right?  Or is this the new official list.....
Thanks
Margie

----- Original Message -----
From: "Sarah Dennison-Leonard" <sdleonard@EARTHLINK.NET>
To: <RRGA-L@LIST.RTOWEST.ORG>
Sent: Tuesday, May 15, 2001 6:29 PM

> To get off the list, please send an e-mail to: LISTSERV@LIST.RTOWEST.ORG
and
> in the subject line, please put "SIGNOFF RRGA-L"
>
> Thank you!
>
> - Sarah
>
> ----- Original Message -----
> From: "Pyburn, Jack R." <jack.pyburn@MIRANT.COM>
> To: <RRGA-L@LIST.RTOWEST.ORG>
> Sent: Tuesday, May 15, 2001 5:11 PM
>
>
> > I'm not sure how I got on this list, but I'd like to be deleted.
Thanks!
> >
> > Jack Pyburn, Jr.
> > Mirant Americas Energy Marketing, LP
> > 1155 Perimeter Center West
> > Atlanta, GA  30338
> > Phone: 678-579-7443
> > Fax:     678-579-7303
> > Cell:     678-488-0660
> > Email:  Jack.Pyburn@Mirant.com
> >
> >
> > -----Original Message-----
> > From: Dalia, Keith A - TOS-DITT1 [mailto:kadalia@BPA.GOV]
> > Sent: Tuesday, May 15, 2001 7:40 PM
> > To: RRGA-L@LIST.RTOWEST.ORG
> > Subject:
> >
> >
> > You have been added to the RRGA-L mailing list (RTO West Congestion
Model
> > Content Group) by Keith Dalia <kadalia@BPA.GOV>.
> >
> > Please save this message for future  reference, especially if this is
the
> > first time you subscribe to an  electronic mailing list. If you ever
need
> > to  leave the  list,  you  will find  the  necessary instructions
below.
> > Perhaps  more importantly,  saving a  copy of  this message  (and of
all
> > future subscription notices  from other mailing lists) in  a special
mail
> > folder will give you instant access to the list of mailing lists that
you
> > are subscribed  to. This may  prove very useful the  next time you  go
on
> > vacation and  need to leave  the lists temporarily so  as not to  fill
up
> > your  mailbox while  you  are away!  You should  also  save the
"welcome
> > messages" from the  list owners that you will  occasionally receive
after
> > subscribing to a new list.
> >
> > To send  a message to  all the people  currently subscribed to  the
list,
> > just send mail  to RRGA-L@LIST.RTOWEST.ORG. This is  called "sending
mail
> > to the  list", because  you send  mail to a  single address  and
LISTSERV
> > makes  copies  for all  the  people  who  have subscribed.  This
address
> > (RRGA-L@LIST.RTOWEST.ORG)  is also  called the  "list address".  You
must
> > never try to send any command to that address, as it would be
distributed
> > to all the people  who have subscribed. All commands must  be sent to
the
> > "LISTSERV  address",   LISTSERV@LIST.RTOWEST.ORG.  It   is  very
> > important to understand  the difference between the  two, but
fortunately
> > it is  not complicated. The  LISTSERV address is  like a FAX  number
that
> > connects you  to a  machine, whereas  the list address  is like  a
normal
> > voice line connecting you to a person. If you make a mistake and dial
the
> > FAX number  when you  wanted to talk  to someone on  the phone,  you
will
> > quickly realize  that you used the  wrong number and call  again. No
harm
> > will have been done. If on the  other hand you accidentally make your
FAX
> > call  someone's  voice  line,  the  person receiving  the  call  will
be
> > inconvenienced, especially if your FAX then re-dials every 5 minutes.
The
> > fact that  most people  will eventually  connect the  FAX machine  to
the
> > voice line to  allow the FAX to  go through and make the  calls stop
does
> > not mean  that you  should continue  to send FAXes  to the  voice
number.
> > People would just get mad at you.  It works pretty much the same way
with
> > mailing  lists, with  the difference  that  you are  calling hundreds
or
> > thousands of people  at the same time, and consequently  you can expect
a
> > lot of people to get upset if  you consistently send commands to the
list
> > address.
> >
> > You may leave the list at any  time by sending a "SIGNOFF RRGA-L"
command
> > to LISTSERV@LIST.RTOWEST.ORG. You can also tell LISTSERV how you
> > want it to confirm  the receipt of messages you send to  the list. If
you
> > do not trust  the system, send a "SET RRGA-L  REPRO" command and
LISTSERV
> > will send you a  copy of your own messages, so that you  can see that
the
> > message was distributed and did not get damaged on the way. After a
while
> > you  may find  that this  is getting  annoying, especially  if your
mail
> > program does not  tell you that the  message is from you  when it
informs
> > you that new mail has arrived from  RRGA-L. If you send a "SET RRGA-L
ACK
> > NOREPRO" command, LISTSERV will mail you a short acknowledgement
instead,
> > which  will look  different in  your  mailbox directory.  With most
mail
> > programs you  will know immediately  that this is an  acknowledgement
you
> > can read  later. Finally,  you can  turn off  acknowledgements
completely
> > with "SET RRGA-L NOACK NOREPRO".
> >
> > Following  instructions from  the list  owner, your  subscription
options
> > have been set to "NOFILES REPRO" rather than the usual LISTSERV
defaults.
> > For more  information about subscription  options, send a  "QUERY
RRGA-L"
> > command to LISTSERV@LIST.RTOWEST.ORG.
> >
> > Contributions sent to this list are automatically archived. You can get
a
> > list of the available archive files  by sending an "INDEX RRGA-L"
command
> > to  LISTSERV@LIST.RTOWEST.ORG. You  can then  order these  files
> > with a "GET RRGA-L LOGxxxx"  command, or using LISTSERV's database
search
> > facilities. Send an  "INFO DATABASE" command for more  information on
the
> > latter.
> >
> > This  list is  available  in digest  form.  If you  wish  to receive
the
> > digested version of the postings, just issue a SET RRGA-L DIGEST
command.
> >
> > Please note that  it is presently possible for other  people to
determine
> > that  you are  signed up  to the  list through  the use  of the
"REVIEW"
> > command,  which  returns   the  e-mail  address  and  name   of  all
the
> > subscribers. If  you do not  want your name to  be visible, just  issue
a
> > "SET RRGA-L CONCEAL" command.
> >
> > More  information on  LISTSERV  commands  can be  found  in the
LISTSERV
> > reference  card, which  you can  retrieve  by sending  an "INFO
REFCARD"
> > command to LISTSERV@LIST.RTOWEST.ORG.
>


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
Enron Kids' Center Now Open!
A Children's Commemorative Concert
Juvenile Diabetes Research Foundation "Walk to Cure Diabetes"
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Quality of Life Coalition - Houston
American Heart Association "Heart Walk"
Enron Travel Club Monthly Meeting
Plant Sale
Museum of Fine Arts 2001 - 2002 Membership Drive

Enron Volunteer Opportunities
Sunshine Kids at Astroworld!
Race for the Cure
Jewish Community Center "Everyone's Internet Children's Carnival"
Assist PSI HomeSavers with Home Repair
Northeast Houston Tropical Storm Allison Relief
MD Anderson Cancer Center - Children's Art Project

Enron Wellness
Help Us Help Others.  Call and Schedule a Massage Today
Join The Downtown Club at The Met and assist victims of the September 11 tragedy
CanCare Cancer Support Network
Fall 2001 Fashion Show and Luncheon
Bella Rinova Spa at the Downtown Club (Met)

Involved Employees
Beginner Ballroom Dance Lessons
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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.


Yes, we can.  Others are considering doing the same.  Let's discuss on Monday.

	Leslie Lawner
	01/18/2001 01:18 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: FW: Emergency Petition of ORA and TURN for Modification of
Decisi  on and Resolution on A.92-12-043 et al.

Jeff, Can we oppose these changes?

	Jeff Dasovich
	Sent by: Jeff Dasovich
	01/18/2001 11:32 AM

		 To: Leslie Lawner/NA/Enron@Enron, MDay@GMSSR.com, James D
Steffes/NA/Enron@Enron
		 cc:
		 Subject: FW: Emergency Petition of ORA and TURN for Modification of Decisi
on and Resolution on A.92-12-043 et al.

----- Forwarded by Jeff Dasovich/NA/Enron on 01/18/2001 11:31 AM -----

	"Cherry, Brian" <BKC7@pge.com>
	01/17/2001 11:35 AM

		 To: "'Dasovich, Jeff'" <jdasovic@enron.com>
		 cc:
		 Subject: FW: Emergency Petition of ORA and TURN for Modification of Decisi
on and Resolution on A.92-12-043 et al.

Jeff -  Thought you'd be interested.? Let's try for lunch next  week.
?
-----Original Message-----
From: Pocta, Robert M.  [mailto:rmp@cpuc.ca.gov]
Sent: Wednesday, January 17, 2001 9:28  AM
To: Cherry, Brian
Subject: FW: Emergency Petition of ORA  and TURN for Modification of Decisi
on and Resolution on A.92-12-043 et  al.

??????? Brian - This is a  copy of an emergency petition to modify the gas
accord decision that was filed  yesterday.? It basically requests that
penalties to core customers for  diversions be waived and any diversion be
priced at the market price up to $50  per dth.? Unfortunately, we felt it had
to be filed because we couldn't let  the core be exposed to $100 per Dth gas
supply when PG&E can't buy at $10  per dth.? Hopefully, the crisis will be
resolved and petition will have no  bearing.?

??????? It was mailed to the  Gas Accord service list and our legal division
e-mailed to an unknown service  list which I had wished they hadn't done. (We
are not trying to add to any  problem, but based on a worst case scenario we
couldn't have the core exposed to  buying $100 per dth gas for all its gas
supply)???

?

?

 - CPUC01-#87842-v1-emergency_petition_on_A9212043_.doc


Thank you for registering to participate in the third seminar of our
CLE Series for In-House Counsel.  We look forward to seeing you Thursday.
As a reminder, the following are the details:

WHO:
Featured Speaker
Gregory M. Hasley
Akin, Gump, Strauss, Hauer & Feld, L.L.P.

WHAT:
"Can You Keep a Secret?"

WHEN:
Thursday, April 13, 2000
Noon - 1:15 p.m.

WHERE:
The Houston Club
811 Rusk - 10th Floor
Gulf Coast Room (please note that this is a room change from the previous
seminars)

PARKING:
Valet parking is complimentary at the Chase Bank Building, which is located
at 811 Rusk (corner of Louisiana and Rusk).  Please bring your ticket with
you to the luncheon for validation.

Please feel free to e-mail me or call me at 713-250-2161 if you have any
questions or need additional information.  Thanks!

Christine Campbell
Marketing Manager
Akin, Gump, Strauss, Hauer & Feld


Per the documents below that were sent to you on October 10th regarding Enron's RTO positions, please DO NOT DISTRIBUTE them.  Unfortunately, there were factual errors that were not identified until today.

I will send everyone a replacement set next week.

Thank you and I apologize for the confusion.

Janel

-----Original Message-----
From: Guerrero, Janel
Sent: Wednesday, October 10, 2001 6:10 PM
To: McVicker, Maureen
Subject: Enron RTO positions

Attached are five documents which articulate Enron's position on various RTO issues.  Each document is short (no more than 5 pages) and can be used as talking points, or handouts in your meetings with policy makers.

If you have previous drafts of these documents, please replace them with the attached FINAL versions.

If you have questions about these documents or suggestions for future topics, please contact me with your ideas.

Thank you.

Janel Guerrero
713-853-9104

RTO Documents

Fewer is Better (economic and reliability arguments which support FERC RTO model)
Security/Reliability (industry changes/drivers which call for renewed commitment to reliability)
Q&A (general FAQs addressing RTOs)
Natural Markets (explanation of physical flows of electricity which justify FERC RTO model)
Chronology (history of FERC actions leading up to Chairman Wood's comments on September 26)


so you are a lucky one!  my face is so red!  it is funny!  where are you going?  i am not at all happy with you today.  you are mean!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 27, 2001 2:07 PM
To:	Nelson, Michelle
Subject:

so i think i am going to get out of here soon


Mike:
Here's the memo on PX-based pricing for QFs that we discussed.  If you have
any questions, don't hestitate to get in touch.

Best,
Jeff


Start Date: 3/31/01; HourAhead hour: 17;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001033117.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 17 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: ARCO
  MKT_TYPE: 2
  TRANS_DATE: 3/31/01
  UNIT_ID: CARBGN_6_UNIT 1

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/31/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: EPMI_CISO_DFISH
  ENGY_TYPE: NFRM


A comedian at this early hour?

Actually, I ran into Bob briefly at the gym this morning as I finished my
workout.  I told him you were on my side and didn't really care to be his
friend anymore.

Works both ways, darlin'.

kt

                    "Lucci, Paul
                    T."                   To:     "Karen L. Taylor" <kltaylor@duke-energy.com>
                    <Paul.T.Lucci@        cc:
                    enron.com>            Subject:     RE:

                    10/18/01 08:23
                    AM

I'm glad you had a good time.  I did also.  Yes, keep me posted on your
happy hour.  I talked to Bob this morning and explained your
frustrations and that you have him on your S___ List.  So he said he
would like to talk to you.  So you see, once again I have served you
well.

-----Original Message-----
From: Karen L. Taylor [mailto:kltaylor@duke-energy.com]
Sent: Thursday, October 18, 2001 7:53 AM
To: plucci@enron.com
Subject:

Good morning.  Just wanted to say thanks again for dinner last night.  I
had fun.

4:30 came early this morning.  It always does.  Of course I didn't make
it
to bed until 10:30 again so I only got 6 hours of sleep.  Makes for a
"many
coca cola afternoon".

Will call you tomorrow to let you know when/where we'll be.

kt

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of
the intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or
reply to Enron Corp. at enron.messaging.administration@enron.com and delete
all copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


Ed,

Sara asked me to forward this agreement to you.  She said you can send it to
ABN AMRO Bank.

Kaye


I would love to meet with you and I'm sure Louise would too.  I would also like to take you to dinner.

Let me know.

 -----Original Message-----
From: 	Belden, Tim
Sent:	Tuesday, March 20, 2001 8:56 AM
To:	Kitchen, Louise
Cc:	Lavorato, John; Kimberly Hillis/HOU/ECT@ENRON
Subject:	Houston Trip

i may be heading to houston next week to talk with the east desk about scheduling and settlement systems.  murray o'neil from volume management and jeff richter from short term california will be with me.  i'd arrive wednesday night and fly back friday afternoon.  do you and/or john want to meet with me when i'm there.  if so, do either of those days work for you?

Louise Kitchen
03/20/2001 06:56 AM
To:	Tim Belden/HOU/ECT@ECT
cc:
Subject:	Re: So what happened to your 100?   << OLE Object: StdOleLink >>

Well - there you go!  I did think you meant p&l  - not to worry it was obviously a long day yesterday.

"England and America - two countries separated by a COMMON language."

Have a good day.

Louise

To:	Louise Kitchen/HOU/ECT@ECT
cc:

Subject:	Re: So what happened to your 100?   << OLE Object: StdOleLink >>

100 what?  i mentioned a $100 price move in the fronts.  did you understand a $100 of p&l?  i thought that you sounded a bit happy about the price move.  the p&l was what i expected.

Louise Kitchen
03/20/2001 06:22 AM
To:	Tim Belden/HOU/ECT@ECT
cc:
Subject:	So what happened to your 100?

<Embedded Picture (Device Independent Bitmap)>
<Embedded Picture (Device Independent Bitmap)>


Latest update...

Have a good morning!!

Chris


<<List of Outstanding Issues for Completion of World Hunger Form
Agreement.DOC>>

 Pursuant to Kay Mann's request, attached please find a memo
summarizing the outstanding issues/tasks for completion of the World
Hunger/GE Turbine Form Agreement.
 - List of Outstanding Issues for Completion of World Hunger Form
Agreement.DOC


TASK ASSIGNMENT

Status:		completed

Task Priority:		1
Task Due On:		12/27/2000
Task Start Date:	12/27/2000


Lou just called to see if you are up for dinner downtown tonight at his favorite place?


Is there any reason why this counterparty has transact on NL power?  I cannot
believe they have a power marketing license there?


Sounds like a good idea to me

----Original Message-----
   >From:      Eric Thode/Corp/Enron
   >To:          Mark Frevert/NA/Enron@Enron,Greg Whalley/HOU/ECT@ECT,Mark
Palmer/Corp/Enron@ENRON,Karen Denne/Corp/Enron@ENRON
   >Cc:
   >Bcc:
   >Subj:      Texas eComm Ten Awards
   >Sent:     Tuesday, December 12, 2000 3:18 PM
   >
   >The Texas eCommerce Association, in partnership with the The Texas
Business Journals and BusinessWeek, plan to recognize and honor Texas' ten
most innovative and influential eCommerce leaders.  Nominations are due by
February 2, 2001 and the recipients will be announced at a banquet on March
24, 2001.
   >
   >I believe it would be appropriate to nominate Louise Kitchen for her work
with EnronOnline.  If you are in agreement, please advise, so I can begin the
process of completing the application.  The application consists of a
250-word abstract describing the nominee's direct contribution to the
eCommerce industry in Texas, along with the nominee's contact information and
a 100-word biography.
   >
   >If you have any questions, please call me at ext. 3-9053.


Here is what IEP submitted.  As I said, this has been going on for two
years.  I'll talk to Steven Kelly about the current status and whether IEP is
considering legal action.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 07/23/2001 02:59 PM -----

	"Jan Smutny-Jones" <smutny@iepa.com>
	07/17/2001 12:11 PM
	Please respond to smutny

		 To: "Alex Sugaoka (E-mail)" <alex.sugaoka@uaecorp.com>, "Bill Woods
(E-mail)" <billw@calpine.com>, "Bob Ellery (E-mail)" <bellery@spi-ind.com>,
"Bob Escalante (E-mail)" <rescalante@riobravo-gm.com>, "Brian T. Cragg
(E-mail)" <bcragg@gmssr.com>, "Carolyn A Baker (E-mail)"
<cabaker@duke-energy.com>, "Curtis Kebler (E-mail)"
<curtis_l_kebler@reliantenergy.com>, "Douglas Kerner (E-mail)"
<dkk@eslawfirm.com>, "Duane Nelsen (E-mail)" <dnelsen@gwfpower.com>, "Ed
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Eric Edstrom (E-mail)"
<edstrome@epenergy.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>, "Hap Boyd
(E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)" <jackp@calpine.com>, "Joe
Ronan (E-mail)" <joer@calpine.com>, "John G. Larrea (E-mail)"
<john.g.larrea@williams.com>, "John O'Rourke (E-mail)"
<john.orourke@elpaso.com>, "Kate Castillo (E-mail)"
<CCastillo@RioBravo-GM.com>, "Ken Hoffman (E-mail)"
<khoffman@caithnessenergy.com>, "Kent Burton (E-mail)"
<kburton@covantaenergy.com>, "Kent Palmerton (E-mail)"
<kent.palmerton@williams.com>, "Marty McFadden (E-mail)"
<mmcfadden@covantaenergy.com>, "Michael L. Hawkins (E-mail)"
<hawkins@2000energy.com>, "Nam Nguyen (E-mail)" <nam.nguyen@powersrc.com>,
"Paul Desrochers (E-mail)" <pdesrochers@thermoecotek.com>, "Paul Wood
(E-mail)" <pwood@covantaenergy.com>, "Paula Soos (E-mail)"
<PSoos@CovantaEnergy.com>, "Rachel King (E-mail)" <rachel.king@elpaso.com>,
"Rich Dyer (E-mail)" <rich_dyer@covantaenergy.com>, "Roger Pelote (E-mail)"
<roger.pelote@williams.com>, "Ross Ain (E-mail)" <ain@worldnet.att.net>,
"Scott Harlan (E-mail)" <harlans@epenergy.com>, "Steve Ponder (E-mail)"
<steve_ponder@fpl.com>, "Steve Schleimer (E-mail)" <sschleimer@calpine.com>,
"Susan J Mara (E-mail)" <smara@enron.com>, "Ted Cortopassi (E-mail)"
<tcortopassi@covantaenergy.com>, "Tom Hartman (E-mail)"
<tom_hartman@fpl.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>,
"Ward Scobee (E-mail)" <wscobee@caithnessenergy.com>, "William Hall (E-mail)"
<wfhall2@duke-energy.com>
		 cc: "Andy Brown (E-mail)" <abb@eslawfirm.com>, "Carol Hudson (E-mail)"
<carol@iepa.com>, "Jan Smutny-Jones (E-mail)" <smutny@iepa.com>, "Katie
Kaplan (E-mail)" <kaplan@iepa.com>, "Sandra Moseley (E-mail)"
<sandra@iepa.com>, "Steven Kelly (E-mail)" <steven@iepa.com>
		 Subject: DRAFT IEP COMMENTS RELATED TO CEC DATA COLLECTION PROPOSALS

As reported to the IEP Regulatory Affairs Committee, the CEC held a workshop
recently to discussed proposed regulatory language to implement the CEC's
Data Report.  This activity is part of a two-year process to implement data
collection and information reporting protocols by the CEC.  The protocols
affect generators as well as load serving entities.

IEP raised a number of concerns during the Workshop regarding the CEC's
proposed language.  It is important that we put these concerns into the
public record as soon as possible.  Attached are IEP's draft Comments on
this matter.  Unless I hear from folks with serious concerns, I propose to
file comments by COB  today, Tuesday, July 17.  Please contact me ASAP with
any comments, concerns, etc.

 - IEP Comments on Staff Amendments in Rulemaking   7-16-01.doc


Thank you.  As mentioned I will wait to here the decision on the choice of
the company name but I will go ahead check availability on Capacity
Management Corp. in Delaware.

Lillian R. Bailey
Administrator
Corporate Services
EB4804A
Phone 713/853-3577
Fax 713/646-8007

	Susan Scott
	12/07/2000 11:38 AM

		 To: Lillian Bailey/Corp/Enron@Enron
		 cc: Drew Fossum@ENRON
		 Subject: Newco

Lillian, I forgot to add that the slate of directors and officers for
Capacity Management Corp. will be identical to that of Transwestern Pipeline
Company.,


Thanks for the info. Next year we want to run those fees through legal before
they are allocated out.    Mark


President's Day Holiday on 2/18 and my last Friday off on 2/22.

Thanks Audrey!

 -----Original Message-----
From: 	Robertson, Audrey
Sent:	Thursday, February 28, 2002 8:29 AM
To:	Donoho, Lindy; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; Mark McConnell (E-mail); Watson, Kimberly; Y'barbo, Paul
Subject:	Time Reports are Due!!

Please submit today.....

adr

Audrey D. Robertson
Transwestern Pipeline Company
email address:  audrey.robertson@enron.com
(713) 853-5849
(713) 646-2551 Fax


The vacation time looks good to me.  My trip is nowhere near final yet so
let's hold off on rescheduling the credit group lunch.

Don't come back until you're well!

Carol St Clair
01/20/2000 01:21 PM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Re: Vacation Days

Mark:
The credit group lunch is scheduled for the 18th of February.  Do I need to
reschedule?  Also, were you okay with my vacation request of March 22-24th?
I hope to be back in the office tomorrow although I have signed up for a CLE
seminar at the Hyatt.
Carol


In this edition of the Daily Update, we discuss cash flow during
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Thanks for the quick response!  So how do we get from today to being able to
capture desk to desk deals with all schedule changes?

Diana

From: Kroum Kroumov/ENRON@enronXgate on 04/04/2001 01:34 PM CDT
To: Diana Scholtes/HOU/ECT@ECT, Kate Symes/PDX/ECT@ECT
cc: Brett Pate/ENRON@enronXgate
Subject: RE: Forward Obligation Report

    Hi Diana & Kate,

    You are not wasting our time, you make our time valuable. You should be
able to see ver 3.0.0.36 in production and ver 3.0.0.38 in stage,
    if not phone David Poston for support. Ver 3.0.0.38 is newer and includes
insignifficant changes on the form for selection desks, which
    Corry Bentley requested here. They don't allow us to promote now things
like that to production the last five days and the first day of the month.

   Now the report is able to show both the term and schedule (liquidation)
data. The term data are the way the deal was entered with
   Deal Entry, Deal Blotter or EOL bridge, signed and confirmed. The schedule
data should be very much the same with all the changes
   in Deal Scheduling. There is no difference between schedule and
liquidation data, schedule data is a subset of liquidation one in time and
   it is about 2-3 weeks. At the moment the schedule strips for WEST contain
data from 3/22/2001 to 4/5/2001, and the liquidation
   the same data from 4/2/1996.

   Because we don't schedule normally desk-to-desk deals (I think we schedule
between EAST and WEST only) we don't have schedule
   (liquidation) data for desk-to-desk. I hided the check box to avoid
confusions. The option Show Desk is very simple, changes the format
   of the header for Region, nothing else.

   Kroum

 -----Original Message-----
From:  Scholtes, Diana
Sent: Wednesday, April 04, 2001 12:34 PM
To: Kroumov, Kroum
Subject: Forward Obligation Report

Kroum,

I was running the new version of the Obligation Report.  I was not included
in the testing phase of the new version and apparently the report is still
not doing what the "fix" was initiated for.  Originally, my discussions with
Doung Luu was for the Obligation report to capture: 1. All deals with any
changes made in Deal Scheduling and  2.  All Desk to Desk deals.  Number
(2),   I believe was the difficult one.  When selecting the option on "Show
Deals"  in order to capture schedule changes you must select "Liquidate".
This does work, but it does not give you the option to select "Show Desk to
Desk", which like I said before, was the intent of the changes.  Please
contact me for further discussion.  I apologize for not participating and
wasting your time.

Sincerely,

Diana Scholtes
(503) 464-3807

 -----Original Message-----
From:  Symes, Kate
Sent: Wednesday, April 04, 2001 12:06 PM
To: Pate, Brett; Kroumov, Kroum
Cc: Duong Luu/HOU/ECT@ENRON
Subject: Forward Obligation Report Question

Good afternoon, IT Wizards -

I'm curious about a feature on the new Forward Obligation Report. It is now
possible to run the report showing term, scheduled, or liquidated deals. In
the past I've always run the report showing term deals, then entered my
desk-to-desk deals from those numbers. Now I believe the report is designed
to pull data from our scheduling database, so I'm wondering what the
difference is between the term deal report and the scheduled deal report.
Each produce completely different numbers! Please let me know when you get a
chance.

Thanks,
Kate Symes
Trading Support
503-464-7486


Arvina,

Your numbers are close enough to mine to agree.  I put in an annuity to Modesto for $158,321.16 dated March 31.  The Enron deal number is 573111 (just in case there is any confusion).

If there are any problems, give me a call.

Thanks,

Sean


----- Forwarded by Jeff Dasovich/NA/Enron on 01/03/2001 04:05 PM -----

	"Julee Malinowski-Ball" <jmball@ns.net>
	01/03/2001 02:24 PM
	Please respond to "Julee Malinowski-Ball"

		 To: <kaplan@iepa.com>, "Jean Munoz" <jmunoz@mcnallytemple.com>, "Norton
Kelli" <knorton@mcnallytemple.com>, "Rob Lamkin" <rllamkin@seiworldwide.com>,
"kent Palmerton" <kent.palmerton@williams.com>, "Bob Escalante"
<rescalante@riobravo-gm.com>, "Carolyn Baker" <cabaker@duke-energy.com>,
"Curtis Kebler" <curtis_l_kebler@reliantenergy.com>, "David Parquet"
<dparque@ect.enron.com>, "Greg Blue" <gtbl@dynegy.com>, "Jack Pigott"
<jackp@calpine.com>, "Jeff Dasovich" <Jeff.Dasovich@enron.com>, "Joe Ronan"
<joer@calpine.com>, "John Stout" <john_h_stout@reliantenergy.com>, "Kassandra
Gough" <kgough@calpine.com>, "Lynn Lednicky" <lale@dynegy.com>, "Nam Nguyen"
<nam.nguyen@powersrc.com>, "Richard Hyde" <rwhyde@duke-energy.com>, "Roger
Pelote" <roger.pelote@williams.com>, "Stephanie Newell"
<stephanie-newell@reliantenergy.com>, "Sue Mara" <smara@enron.com>, "Tony
Wetzel" <twetzel@thermoecotek.com>, "William Hall" <wfhall2@duke-energy.com>
		 cc: "Susan McCabe" <sfmccabe@mindspring.com>, "Scott Govenar"
<sgovenar@govadv.com>, "Ron Tom" <thackbarth@govadv.com>, "Robert Ross"
<robbiz@cwo.com>, "Phil Isenberg" <Isenberg@HMOT.com>, "Mike Monagan"
<mrmonagan@aol.com>, "Maureen OHaren" <Oharen@HMOT.com>, "Marie Moretti"
<marie_moretti@msn.com>, "Jenn Paulsen" <paulsen@HMOT.com>, "Jamie Parker"
<jparker@HMOT.com>, "Hedy Govenar" <hgovenar@acom2.com>, "DJ Smith"
<djsmith@smithandkempton.com>, "Delany Hunter" <dhunter@smithandkempton.com>,
"Cary Rudman" <cjrudman@softcom.net>, "Bev Hansen" <bhansen@lhom.com>, "Anne
Kelly" <kelly@hnks.com>, "Chuck Cole" <ccole@advocation-inc.com>, "Jan Smutny
Jones" <smutny@iepa.com>, "Steven Kelley" <steven@iepa.com>
		 Subject: Re: Republican Caucus Energy Briefing

OFFICE OF THE GOVERNOR

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

PR01: 02
FOR IMMEDIATE RELEASE
January 3, 2001

  GOVERNOR DAVIS CALLS SPECIAL
LEGISLATIVE SESSION ON ENERGY

SACRAMENTO - Governor Gray Davis today issued a proclamation requiring the
legislature to convene a special session to pass legislation addressing
California's energy crisis.

According to the guidelines of the proclamation, the session will focus on
legislation that:

Affects the availability, consumption, and use of energy;
Governs the finances and organization of the California Independent System
Operator (ISO) and the California Power Exchange (PX);
Addresses the operation, maintenance, and finances of California power
generators and utilities;
Affects the wholesale and retail markets for energy supplies, capacity, and
reliability; and
Protects the health and safety of Californians with respect to
power-generating facilities and transmission facilities.
"In response to the Federal Energy Regulatory Commission's (FERC) failure to
meet its obligations, I am taking the extraordinary step of calling the
California Legislature into a concurrent Extraordinary Session to
immediately address the energy situation in our state," said Governor Davis.
"I will call them to do at least the following: Replace the so-called
stakeholders on the ISO Board with Californians who are more concerned about
affordable prices and reliability of power and; re-establish the authority
for the state to inspect private power plants to assure the coordination of
maintenance and operating schedules; and provide low-interest financing for
new peaking facilities or re-powering old ones to make them cleaner and more
efficient in return for committing their power to Californians at guaranteed
low rates."

Governor Davis used his constitutional power to call for the special session
(Section 3(b) Article IV). The session will begin on January 3, 2001. Each
house of the legislature will be responsible for the scheduling of hearings
and the calendar for the session.

Governor Davis called a special session on education in 1999, and the
legislature passed a series of sweeping initiatives to improve academic
performance and accountability.

# # #

----------------------------------------------------------------------------
----
GOVERNOR GRAY DAVIS   ?   SACRAMENTO, CALIFORNIA 95814    ?     (916)
445-2841

----- Original Message -----
From: Katie Kaplan <kaplan@iepa.com>
To: Jean Munoz <jmunoz@mcnallytemple.com>; Norton Kelli
<knorton@mcnallytemple.com>; Rob Lamkin <rllamkin@seiworldwide.com>; Julee
Malinowski-Ball <jmball@ns.net>; kent Palmerton
<kent.palmerton@williams.com>; Bob Escalante <rescalante@riobravo-gm.com>;
Carolyn Baker <cabaker@duke-energy.com>; Curtis Kebler
<curtis_l_kebler@reliantenergy.com>; David Parquet <dparque@ect.enron.com>;
Greg Blue <gtbl@dynegy.com>; Jack Pigott <jackp@calpine.com>; Jeff Dasovich
<Jeff.Dasovich@enron.com>; Joe Ronan <joer@calpine.com>; John Stout
<john_h_stout@reliantenergy.com>; Kassandra Gough <kgough@calpine.com>; Lynn
Lednicky <lale@dynegy.com>; Nam Nguyen <nam.nguyen@powersrc.com>; Richard
Hyde <rwhyde@duke-energy.com>; Robert Lamkin <rllamkin@seiworldwide.com>;
Roger Pelote <roger.pelote@williams.com>; Stephanie Newell
<stephanie-newell@reliantenergy.com>; Sue Mara <smara@enron.com>; Tony
Cc: Susan McCabe <sfmccabe@mindspring.com>; Scott Govenar
<sgovenar@govadv.com>; Ron Tom <thackbarth@govadv.com>; Robert Ross
<robbiz@cwo.com>; Phil Isenberg <Isenberg@HMOT.com>; Mike Monagan
<mrmonagan@aol.com>; Maureen OHaren <Oharen@HMOT.com>; Marie Moretti
<marie_moretti@msn.com>; Jenn Paulsen <paulsen@HMOT.com>; Jamie Parker
<jparker@HMOT.com>; Hedy Govenar <hgovenar@acom2.com>; DJ Smith
<djsmith@smithandkempton.com>; Delany Hunter <dhunter@smithandkempton.com>;
Cary Rudman <cjrudman@softcom.net>; Bev Hansen <bhansen@lhom.com>; Anne
Kelly <kelly@hnks.com>; Chuck Cole <ccole@advocation-inc.com>; Jan Smutny
Jones <smutny@iepa.com>; Steven Kelley <steven@iepa.com>
Sent: Thursday, December 28, 2000 3:37 PM
Subject: RE: Republican Caucus Energy Briefing

> Thank you to those who have responded to the below e-mail.  We are now
aware
> of several companies who have been invited to speak. If you have been
> invited and have not responded to Julee please do so as soon as possible.
>
> In order to ensure a clear, concise, and informative message that will not
> be duplicated by the various speakers IEP will hold a conference call on
> Wednesday, January 3rd at 10:00 a.m. to discuss the meeting.
>
> The call in information is:
> 1-877-322-9654
> The code is:
> 111756
>
> If anyone has any materials they are planning to present or distribute
> please send me a copy so that we can have the information available in our
> upcoming meetings.
>
> Thanks for your attention to this matter and Happy New Year!
>
> Katie Kaplan
> Manager of State Policy Affairs
> Independent Energy Producers Association
> (916) 448-9499
>
> -----Original Message-----
> From: Julee Malinowski-Ball [mailto:jmball@ns.net]
> Sent: Wednesday, December 27, 2000 1:18 PM
> To: kent Palmerton; Bill Carlson; Bill Woods; Bob Ellery; Bob Escalante;
> Carolyn Baker; Curtis Kebler; David Keane; David Parquet; Dean Gosselin;
> Duane Nelson; Ed Tomeo; Frank DeRosa; Greg Blue; Hap Boyd; Jack Pigott;
Jeff
> Dasovich; Jim Willey; Joe Greco; Joe Ronan; John Stout; Jonathan Weisgall;
> Kassandra Gough; Ken Hoffman; Kent Fickett; Lynn Lednicky; Marty McFadden;
> Nam Nguyen; Paula Soos; Richard Hyde; Robert Lamkin; Roger Pelote;
Stephanie
> Newell; Steve Ponder; Steven Kelley; Sue Mara; Tandy McMannes; Tony
Wetzel;
> Trond Aschehoug; William Hall
> Cc: Susan McCabe; Scott Govenar; Ron Tom; Robert Ross; Phil Isenberg; Mike
> Monagan; Maureen OHaren; Marie Moretti; Kassandra Gough; Jenn Paulsen;
Jamie
> Parker; Hedy Govenar; DJ Smith; Delany Hunter; Cary Rudman; Bev Hansen;
Anne
> Kelly; Chuck Cole; Jan Smutny Jones; Steven Kelley; Katie Kaplan
> Subject: Republican Caucus Energy Briefing
>
> The Assembly and Senate Republican caucuses are holding an energy briefing
> for its members on January 4th from 9 am to noon in room 126 of the
Capitol.
> I don't have all the details on the briefing but speakers were invited by
> Assembly Member Anthony Pescetti and will be given the opportunity to
speak
> as well as to bring up to 10 pages of written materials to hand out to
> members.
>
> Please let me know if you have received an invite and/or are speaking at
> this briefing.  So far, Williams is the only IEP member company
participant
> I have heard about.
>
> THANKS.
>
> Julee Malinowski-Ball
> Senior Associate
> Edson + Modsette
> 916-552-7070
> FAX-552-7075
> jmball@ns.net
>
>


schedule
----- Forwarded by Steven J Kean/NA/Enron on 01/21/2001 02:49 PM -----

	Kathy Dodgen@EES
	01/19/2001 05:56 PM

		 To: Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON, David W
Delainey/HOU/ECT@ECT, Marty Sunde/HOU/EES@EES, Rick Buy/HOU/ECT@ECT, Greg
Whalley/HOU/ECT@ECT, Mark Frevert/NA/Enron@Enron, Karen S Owens@ees@EES, John
J Lavorato/Corp/Enron@Enron, Steven J Kean/NA/Enron@Enron, Vicki
Sharp/HOU/EES@EES
		 cc: Rosalee Fleming/Corp/Enron@ENRON, Sherri Sera/Corp/Enron@ENRON, Kay
Chapman/HOU/ECT@ECT, Carol Moffett/HOU/EES@EES, Karen K Heathman/HOU/ECT@ECT,
Liz M Taylor/HOU/ECT@ECT, Nicki Daw/NA/Enron@Enron, Karen Owens/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES
		 Subject: California Action and Next Steps Meeting. Monday, January 22

From Dan Leff:

A California discussion meeting has been scheduled for Monday, January 22,
immediately following the Executive Committee Meeting (approximately 12
p.m.).
Thank you.

Dan Leff

Rosalee - Can you please let me know if the Board Room is available for this
meeting (it's late Friday afternoon and I am unable to find out this
information).   I will call you on Monday.  Thanks for your help.

Kathy Dodgen
3-6077


---------------------- Forwarded by Amy Fabian/Corp/Enron on 08/14/2000 02:32
PM ---------------------------

RAISLERK@sullcrom.com on 08/11/2000 12:09:12 PM
To: clong@enron.com
cc:

Subject: Memo

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

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.

 - Update on Last Week.doc


Season's Greetings![IMAGE]


-----Original Message-----
From: 	"Bruning, Dianne" <Dianne.Bruning@Bmo.com>@ENRON
Sent:	Thursday, November 01, 2001 1:30 PM
To:	Taylor, Mark E (Legal)
Cc:	DeVeny, David
Subject:	FW: Ring Trades

Dear Mark,

I received your voicemail and apologize for the delay in responding to you.
I have reviewed the language proposed below and we agree that we are willing
to include this language in the confirmations with respect to the off market
trades in question.

Please do not hesitate to contact me directly if you need any further
information from me.

Best regards,

Di Bruning
Legal Counsel
Commodity Derivatives Group
Bank of Montreal

-----Original Message-----
From: DeVeny, David
Sent: Wednesday, October 31, 2001 4:16 PM
To: Bruning, Dianne; Whitmore, James B.
Cc: Moore, Robert B., Jr.
Subject: FW: Ring Trades

Dianne:

How should I reply to this message.

Thanks,
David

-----Original Message-----
From: Storey, Geoff [mailto:Geoff.Storey@ENRON.com]
Sent: Wednesday, October 31, 2001 3:47 PM
To: DeVeny, David
Subject: Ring Trades

David,

Thanks for your patience. We are working hard on getting Coral and BP
North America on board with the ring trades.

I have another counterparty that may want to ring out some ATM Chicago
basis. Let me know about that.

I have also enclosed the language that would tie all these trades
together.

Thanks,

Geof Storey
713-853-7058

Each of the parties to this Agreement recognizes and acknowledges that
the parties are acting and agreeing to perform their obligations
hereunder in reliance upon (i) the timely execution and delivery by
[legal name of other counterparty] ("Third Party") and Party A of a
transaction in substantially the form attached hereto as Exhibit A
("Third Party Transaction A") and would not otherwise agree to execute,
deliver and perform under this Agreement if Third Party and Party A were
not contemporaneously executing and delivering Third Party Transaction A
and (ii) the timely execution and delivery by Third Party and Party B of
a transaction in substantially the form attached hereto as Exhibit B
("Third party Transaction B") and would not otherwise agree to execute,
deliver and perform under this Agreement if Third Party and Party B were
not contemporaneously executing and delivering Third party Transaction
B. The effectiveness of this Agreement shall be subject to the condition
that contemporaneously with the execution and delivery of this Agreement
Party A and Third Party execute and deliver Third Party Transaction A
and Party B and Third Party execute and deliver Third Party Transaction
B.

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************

****************************************************************************
This e-mail and any attachments may contain confidential and privileged information. If you are not the intended recipient, please notify the sender immediately by return e-mail, delete this e-mail and destroy any copies. Any dissemination or use of this information by a person other than the intended recipient is unauthorized and may be illegal. Unless otherwise stated, opinions expressed in this e-mail are those of the author and are not endorsed by the author's employer.


Goodmorning ,

I will be out of the office on
vacation for the next few days.

                  Thanks
                Kevin Moore

See you when I return.