CO.O.L. TRAVEL SPECIALS
DOMESTIC U.S.
Wednesday, November 22, 2000
****************************************

NEW YORK, LOS ANGELES, ORLANDO AND MORE
Featured Fares can take you to the most popular destinations from as low as
$93
roundtrip. Seats are going fast so don,t miss out on these great deals. Visit
 www.continental.com
and book your eTicket today.

****************************************
TABLE OF CONTENTS FOR CO.O.L. TRAVEL SPECIALS
1. CO.O.L. Travel Specials Offers
2. Featured Fares Sample Destinations
3.  Continental Vacations Offers
4. Alamo Rent A Car Offers
5. National Car Rental Offers
6. Sheraton, Westin, and Four Points Hotel Offers
7. Hilton Hotel Offers

****************************************
This week's specials are good for the following markets departing Saturday,
November 25 and returning on either Monday, November 27 or Tuesday, November
28, 2000.  Please see the Rules/Terms and Conditions listed at the end of
this e-mail.

****************************************
 1.  CO.O.L. Travel Specials Offers
Purchase CO.O.L. Travel Specials online until 11:59pm (CST) Friday at
www.continental.com
You can also purchase CO.O.L. Travel Specials for an additional cost of $20
per ticket through our telephone service at 1-800-642-1617.

********************************
TRAVEL MAY ORIGINATE IN EITHER CITY
********************************
****Roundtrip BETWEEN CLEVELAND, OH and:
$79 - Rochester, NY
$89 - Washington, DC (National Airport only)
$89 - Syracuse, NY

****Roundtrip BETWEEN HOUSTON, TX and:
$119 - Abilene,TX

****Roundtrip BETWEEN NEW YORK/NEWARK (Newark only) and:
$109 - Syracuse, NY

********************************
 2.  FEATURED FARES SAMPLE DESTINATION
Choose your fare, find your flight. Or, quickly sift through all our great
featured fares by choosing a destination or origin. Be spontaneous. Get out
of town. Current Featured Fares destinations include:

New York, Philadelphia, Los Angeles, San Francisco,
West Palm Beach, Seattle, and many more.

Note: Featured Fares change often. To see a regularly-updated online list
and purchase our Featured Fares, visit the website at:
www.continental.com

(Capacity controls and other restrictions apply)

********************************
 3.  CONTINENTAL VACATIONS OFFERS
Are you thinking about how you are going to plan you next vacation?  Let
Continental Airlines Vacations take the hassle out of vacation planning with
easy-to-plan travel packages that provide exciting destinations plus
memories that will last a lifetime!

Check out
www.coolvacations.com/internetdeals.asp
to see our newest addition: INTERNET ONLY SPECIALS!

********************************
 4.  CO.O.L. TRAVEL SPECIALS FROM ALAMO RENT A CAR
This week, Alamo (R) offers great rates in the following cities. Rates
listed below are valid on compact class vehicles at airport locations
listed.  Other car types may be available. Rates are valid from Saturday,
November 25 to Tuesday, November 28, 2000.
-------------------------------
$20 a day in:  Cleveland, OH (CLE)
$18 a day in:  Washington, D.C. (DCA)
$26 a day in:  Newark, NJ (EWR)

To receive special Continental CO.O.L. discounted rates, simply make advance
reservations and be sure to request ID # 596871 and Rate Code 33. Book your
reservation online at:
 www.alamo.com
or contact Alamo at 1-800 GO ALAMO.

*If you are traveling to a city or a different date that is not listed,
Alamo offers you up to 20% off their retail rates when you book online at:
 www.alamo.com

For complete details on these offers, please refer to Alamo's terms and
conditions below.

****************************************
  5.  CO.O.L. TRAVEL SPECIALS FROM NATIONAL CAR RENTAL
This week, National (R) offers great rates in the following cities. Rates
listed below are valid on compact class vehicles at airport locations
listed.  Other car types may be available. Rates are valid from Saturday,
November 25 to Tuesday, November 28, 2000.
------------------------------------------
$19 a day in:  Abilene, TX (ABI)
$21 a day in:  Cleveland, OH (CLE)
$19 a day in:  Rochester, NY (ROC)
$19 a day in:  Syracuse, NY (SYR)
$19 a day in:  Washington, D.C. (DCA)
$27 a day in:  Newark, NJ (EWR)

To receive your special Continental Airlines CO.O.L. Travel Specials
discounted rates, simply make your reservation in advance and be sure to
request Product Code COOLUS.  Make your reservation online or contact
National at 1-800-CAR-RENT (1-800-227-7368).  Book your reservation online at:
www.nationalcar.com

* If you are traveling to a city or a different date that is not listed,
National offers you up to 20% off their retail rates when you book online at:
www.nationalcar.com

For complete details on these offers, please refer to National's terms and
conditions below.

****************************************
 6.  CO.O.L. TRAVEL SPECIALS LAST-MINUTE WEEKEND RATES FROM
WESTIN, SHERATON,AND FOUR POINTS HOTELS
--------------------------------------
Cleveland, OH Sheraton Cleveland City Center Hotel $75.00
Cleveland, OH Four Points by Sheraton Akron West -  $59.00

Houston, TX - The Westin Galleria $64.00
Houston, TX - The Westin Oaks $166.00
Houston, TX - Sheraton North Houston at George Bush Intercontinental Airport
$58.00
Houston, TX - Sheraton Houston Brookhollow Resort $45.00
Houston, TX - The St. Regis, Houston $95.00

New York Metropolitan Area - The St. Regis $580.00
New York Metropolitan Area - Sheraton JFK Airport Hotel $110.00
New York Metropolitan Area - The Westin Stamford $77.00
New York Metropolitan Area - Sheraton Meadowlands Hotel and Conference Center
$81.00
New York Metropolitan Area - Sheraton New York Hotel & Towers $175.00
New York Metropolitan Area - Sheraton Manhattan Hotel $175.00
New York Metropolitan Area - Sheraton Parsippany Hotel $70.00
New York Metropolitan Area - Sheraton Long Island Hotel $103.00
New York Metropolitan Area - Sheraton at Woodbridge Place Hotel $71.00

Oklahoma City, OK - The Westin Oklahoma City $71.00
Oklahoma City, OK - Sheraton Tulsa Hotel $ 56.00

Rochester, NY - Sheraton University Hotel & Conference Center $84.00
Rochester, NY - Four Points Hotel Niagara Falls - by the Falls $199.00

Syracuse, NY - Sheraton University Hotel & Conference Center $84.00

Washington DC - The Westin Fairfax $84.00
Washington DC - The Westin Grand Washington DC $129.00
Washington DC - Sheraton Suites Alexandria $79.00
Washington DC - Sheraton National Hotel $69.00
Washington DC - Sheraton Crystal City Hotel $89.00
Washington DC - Sheraton International Hotel on BWI Airport $84.00
Washington DC - Sheraton Premiere at Tyson,s Corner $64.00
Washington DC - The St. Regis Washington DC $205.00

Visit our site for booking these Last-Minute Weekend Rates
promo.starwood.com/csco

For complete details on these offers, please refer to the terms and
conditions below.

****************************************
 7.  CO.O.L. TRAVEL SPECIALS ON HILTON HOTELS AND RESORTS
The following rates are available November 24-26, 2000 and are priced per
night.
--------------------------------------

Airport:   Washington, DC (DCA)
Rate:      $109/Night 11/25-26  Capital Hilton, Washington DC
(Downtown DC, walking distance to monuments, museums and shopping.)

Airport:   Newark, NJ (EWR)
Rate:      $369    Doubletree Guest Suites, New York City, NY
(Next door to the theaters of Broadway, close to fantastic restaurants,
and minutes from spectacular Fifth Avenue shopping.)

Airport:   Washington, DC (DCA)
Rate:      $127    Doubletree Guest Suites Washington/New
Hampshire Avenue, Washington  DC (Located amidst stately
brownstones in one of Washington, D.C.'s finest neighborhoods.)

Airport:   Intercontinental Airport Houston, TX (IAH)
Rate:      $179   Doubletree Houston Post Oak, Houston, TX
(Located in the heart of Uptown Houston Business district and 2 blocks from
the
Galleria Mall.)

Airport:   Cleveland, OH (CLE)
Rate:      $79   Hilton Akron/Fairlawn, Akron, OH  (Located Near the
Stan Hywet Hall, Blossom Music Center, Rock & Roll Hall of Fame.)

Airport:   Washington, DC (DCA)
Rate:      $99   Hilton Crystal City @ National Airport, Arlington, VA
(Free airport shuttle, located five minutes from the sights of DC.)

Airport:   Newark, NJ (EWR)
Rate:      $119/Night 11/25-26    Hilton Fort Lee George Washington
Bridge, Fort Lee, NJ    (10 miles from Manhattan's Broadway Theaters &
Empire State Building.)

Airport:   Cleveland, OH (CLE)
Rate:      $59  Hilton Garden Inn Cleveland Airport, Cleveland, OH
(Just two miles from Cleveland Airport, and only 12 miles from downtown.)

Airport:   Intercontinental Airport Houston, TX (IAH)
Rate:      $69/Night 11/25-26   Hilton Houston Plaza, Houston, TX
(Located in fashionable West University near Houston's cultural
district.)

Airport:   Intercontinental Airport Houston, TX (IAH)
Rate:      $99   Hilton Houston Southwest, Houston  TX    (Only
9 miles from downtown Houston, Free shuttle to the Galleria Mall!)

Airport:   Intercontinental Airport Houston, TX (IAH)
Rate:      $52/Night, 11/25-26   Hilton Houston Westchase and Towers,
Houston  TX    (Walking distance to Spellbinders Comedy Club,
restaurants, and lounges!)

Airport:   Washington, DC (DCA)
Rate:      $89/Night, 11/25-26  Hilton McLean Tysons Corner, McLean, VA
(FREE shuttle to the Metro and famous Tyson's I and II shopping.)

Airport:   Newark, NJ (EWR)
Rate:      $79   Hilton Parsippany, Parsippany, NJ    (Only 3
miles from downtown Morristown & 25 miles from New York City.)

Airport:   Newark, NJ (EWR)
Rate:      $109/Night, 11/25-26   Hilton Pearl River, Pearl River, NY
(Located only 18 miles from NYC on 17 picturesque acres.  Minutes away from
the fabulous Valisades Center Shopping Mall.)

Airport:   Washington, DC (DCA)
Rate:      $109    Hilton Washington Embassy Row, Washington  DC
(Located 1/2 block from DuPont Circle, easy walking distance to shops,
galleries, and museums.)

To book this week's special rates for Hilton Family Hotels, visit and book at
www.hilton.com/specials/values_main.html

Special rates apply only for the dates listed at each hotel and are subject
to
availability.  Check hilton.com for specific dates at each Hilton Family
Hotel.
Or call at 1-800-774-1500 and ask for Value Rates. Restrictions apply to
these
rates.

****************************************
CO.O.L. TRAVEL SPECIALS RULES:
Fares include a $37.20 fuel surcharge.  Passengers
returning on January 31, 2000 will not have to pay the $37.20 fuel
surcharge.  Passenger Facility Charges, up to $12 depending on routing, are
not included. Up to Three dollars per segment federal excise tax, as
applicable, is not included.  Applicable International and or Canadian taxes
and fees up to $88, varying by destination, are not included and may vary
slightly depending on currency exchange rate at the time of purchase.
For a complete listing of rules please visit:
 www.continental.com

ALAMO RENT A CAR'S TERMS AND CONDITIONS:
Taxes (including VLF taxes up to US$1.89 per day in California and GST),
other governmentally-authorized or imposed surcharges, license recoupment
fees, fuel, additional driver fee, drop charges and optional items (such as
CDW Waiver Savers(R) up to US$18.99 a day,) are extra. Renter must meet
standard age, driver and credit requirements. Rates higher for drivers under
age 25. Concession recoupment fees may add up to 14% to the rental rate at
some on-airport locations. Up to 10.75% may be added to the rental rate if
you rent at an off-airport location and exit on our shuttle bus. Weekly
rates require a 5-day minimum rental or daily rates apply. For weekend
rates, the vehicle must be picked up after 9 a.m. on Thursday and returned
before midnight on Monday or higher daily rates apply. 24-hour advance
reservation required. May not be combined with other discounts. Availability
is limited. All vehicles must be returned to the country of origin. Offer
not valid in San Jose, CA.

NATIONAL CAR RENTAL TERMS AND CONDITIONS:
Customer must provide Contract ID# at the time of reservation to be eligible
for discounts. Offer valid at participating National locations in the US and
Canada. Minimum rental age is 25. This offer is not valid with any other
special discount or promotion. Standard rental qualifications apply. Subject
to availability and blackout dates. Advance reservations required.
Geographic driving restrictions may apply.

TERMS AND CONDITIONS FOR WESTIN, SHERATON, FOUR POINTS,
ST. REGIS, THE LUXURY COLLECTION, AND W HOTELS:
 promo.starwood.com

---------------------------------------
This E-mail message and its contents are copyrighted and are proprietary
products of Continental Airlines, Inc.  Any unauthorized use, reproduction,
or transfer of the message or its content, in any medium, is strictly
prohibited.

****************************************
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PLEASE SEND ALL INQUIRIES TO: eservice@coair.com

TO UNSUBSCRIBE:
We hope you will find CO.O.L. Travel Specials a valuable source of
information. However, if you prefer not to take advantage of this
opportunity, please let us know by visiting the CO.O.L. Travel Specials page
on our web site at:
www.continental.com

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[IMAGE]


Gerald-
I had an error in the Adjusted Purchase price calc.  Instead of $4,000,705, it should be $4,705,000.  Thus, the adjusted purchase price should be $209,863,642.  The error correction is in ENA's favor.
With that change, NBP is good with the document.
Thanks

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Monday, October 01, 2001 3:28 PM
To:	Fuller, Dave; Whitt, Mark; Daniel, Shonnie; Baldridge, Don; Harrison, Tyrell; Sherman, Cris; Gruesen, Karen
Subject:	Final Statement

Attached is the revised statement.  Please review.  I will have ENA execute as soon as I hear from NBP.

 << File: Final Closing Statement3.doc >>


Car Rental Options for Enron Travelers

Rental car contracts for 2001 have been awarded to:

National Car Rental (Primary) and  Alamo Rent-A-Car (Secondary).

The intent of these agreements is to consolidate and leverage Enron's total
car rental spend to achieve the most favorable rates and non-pricing
provisions (i.e. insurance).

National Car Rental, due to its service levels, availability and total value
proposition, has been awarded Primary status and is recommended as the first
choice for Enron travelers' needs.

Alamo Rent-A-Car, a sister company to National, has been awarded a contract
reflecting a Secondary status, due to its service levels, availability and
low cost solutions.  Alamo is recommended as an alternative to National,
where available.

When you rent a vehicle in the United States, (including Puerto Rico) or
Canada, the following insurance provisions are included, regardless of rate
selected:
1. L/DW (Loss/Damage Waiver) - This is what is called Comprehensive or
Collision on your personal auto. It covers the rental vehicle and pays for
any damage to it.
2. Liability - This covers people and property outside the rental vehicle.
For both National and Alamo, the coverage is $100,000 per person, $300,000
per occurrence and $50,000 for property damage.
** IMPORTANT ***
These coverages apply regardless of rate selected, as long as the following
contract ID is communicated at the time of reservation and rental is recorded
on the transaction rental agreement.  (National -  5000838 Alamo    - #143974)

To enjoy the highest levels of service while renting a vehicle from Enron's
preferred suppliers, it is recommended that each traveler enroll in
National's and Alamo's preferred traveler programs.  National's Emerald Club
membership and Alamo's Quicksilver program are designed to speed the
transaction time by providing services such as counter bypass and rapid
return.  The enrollment fees for these programs have been waived for Enron
travelers.  Enrollment packets will be mailed to the addresses of Enron
American Express T&E Cardholders.  You may also find an enrollment form on
the Enron Travel Program intranet @ gss.enron.com <http://gss.enron.com/>.

If you have any questions or comments, please contact Jeff Leath at
713-646-6165.


Jane,
Since our meeting with you and Steve on Enron's worldwide view I have been
working on a document that pretends to be a starter kit on how to go about
changing the electric industry around the world.  The main idea is that there
is no standard recipe.  What I think is that we have to go to the policy
makers and try to convince them about change towards competitive electric
markets.  Then we can help them think through about the benefits of change
and the opportunity costs of not changing.  After that we would try to
understand, together with them (and they should know more), the difficulties
or challenges to achieve a vision of the electric inductry (that we should
try to develop with them).  Then we would help them design a strategy for
change and with implementation.  I am convinced that the closer we work and
the more we know about what is going on the better.

The document finally addresses specific issues and presents some discussion
points related to those isues as well as possible solutions.

You will recognize big chunks of this document as it builds upon your
Electric Continuum and on Mark Shroeder's group Competitive Electric Markets,
Key Factor For Success.

Opinions and suggestions are welcome and in fact the last part is something
that should grow over time.  In fact I have suggested that different people
develop on some of the issues.

I am attaching a copy of such document for your kind review and comments. It
has already been reviewed by Jim Steffes, Rick Shapiro and Margaret Carson.

Best regards,

Ricardo


Attorney Work Product/Not Discoverable

Top Legal Risks

1.  Power Forms -  Trading contracts in the power industry are very weak.
Typical problems include, trading under multiple masters, no liquidated
damages for non-delivery, no events of default or calculation of termination
damages, broad performance outs.

2. Agency - Several of our major trading partners operate through an agent
acting on behalf of several operating companies. This creates uncertainty as
to which entity is liable for which trades.

3. Municipalities - Difficult authorization issues associated municipalities.

4.Complexity of transactions - Power transactions can be very complex as a
result, in part, of difficult delivery mechanics and volatile pricing.

5.Timing of transactions - Power transactions typically must be completed on
a very tight time schedule.

6. Lawyer Training - Difficult, time consuming process to train lawyers on
how to document transactions involving power.

7.Process for approval of transactions - Uncertain procedures for making sure
everybody understands risks associated with transactions.

Documentation Projects

1.  EEI - cont'd work to make EEI the trading contract for power/lessen
reliance on WSPP.

2.  One-off Power Form - creation of contract to be used for individual
transactions that are not part of a master.

3. Product Definition - cont'd work on creating/building acceptance for power
product definitions.

4. Platform Trading - Encourage use of EEI as trading platform for all
e-trading.

5. Single master contract for all physical commodities/financial trading  -
work with ISDA to develop single contract for physical trading and then roll
that into single contract for physical and financial trading


what does that mean

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 2:49 PM
To:	Maggi, Mike
Subject:	RE:

i guess that we will find out tonight.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 2:40 PM
To:	Nelson, Michelle
Subject:	RE:

it probably wont be as bad as you think,so what about kids do you guys disagree(that was kind of a personal question)

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 2:34 PM
To:	Maggi, Mike
Subject:	RE:

wade will be home i think.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 2:32 PM
To:	Nelson, Michelle
Subject:	RE:

why do you say that

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 2:16 PM
To:	Maggi, Mike
Subject:	RE:

not poor me!  tonight should be a lot of fun!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 2:14 PM
To:	Nelson, Michelle
Subject:	RE:

poor ypu

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 2:14 PM
To:	Maggi, Mike
Subject:	RE:

i looked really pretty the next day.  my dad told me that i looked sick.  whatever

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 2:13 PM
To:	Nelson, Michelle
Subject:	RE:

thats sad

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 2:03 PM
To:	Maggi, Mike
Subject:	RE:

not really, i think that she just felt too sorry for me to say anything.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 2:01 PM
To:	Nelson, Michelle
Subject:	RE:

did your mom have any insight

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 1:57 PM
To:	Maggi, Mike
Subject:	RE:

well so did i and i told him that, but he refused so whatever

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 1:57 PM
To:	Nelson, Michelle
Subject:	RE:

i think that you guys should go talk to somebody

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 1:54 PM
To:	Maggi, Mike
Subject:	RE:

just about what i wanted to do with me life and kids and how i treat him.  basically i guess that i suck as a wife.  i don't like his family etc when they are the ones who treat me like crap.  he just bitched at me about everything.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 1:52 PM
To:	Nelson, Michelle
Subject:	RE:

can you tell me what kind of things he said

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 1:52 PM
To:	Maggi, Mike
Subject:	RE:

talk to wade.  i refuse to live how we are living.  i still can't believe some of the things that he said to me on saturday.  i just want to know where he stands i guess.  ofcourse, my mom thinks that i am a psycho now!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 1:49 PM
To:	Nelson, Michelle
Subject:	RE:

friday morning, I cant wait, what do you mean figure out your life

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 1:48 PM
To:	Maggi, Mike
Subject:	RE:

nothing really.  just sitting here.  i guess trying to figure out my life??!!!  :)  how about you?  when are you leaving for skiing?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 1:45 PM
To:	Nelson, Michelle
Subject:	RE:

i know and its really depressing at first until you start to see results, im going to be really sore for skiing, anyway what do you have going on this week

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 1:43 PM
To:	Maggi, Mike
Subject:	RE:

i am running mtm's for george.  BORING!!!  we just got back about 15 minutes ago.  you will get there.  it takes time and it is not fun!  :)

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, January 07, 2002 1:42 PM
To:	Nelson, Michelle
Subject:	RE:

my work out was ok, im so damn out of shape but im committed to go every day now, i want to lose 20 pounds by march 1, anyway, i went to barnabys with john sandra, and andy, what are you doing

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, January 07, 2002 1:22 PM
To:	Maggi, Mike
Subject:

i think that we just saw you driving.  did you leave for lunch?  how was your workout?


-----Original Message-----
From: 	Sherrall.Vejprava@alliance-pipeline.com@ENRON
Sent:	Wednesday, November  21, 2001 4:17 PM
To:	AllianceShippers@alliance-pipeline.com
Subject:	FW: December 2001 Estimated AOS Capacity and Fuel Rates

> 	December 2001 AOS = 22.0%
> 	Total System Fuel Rate Percentage = 4.96% (delivered to Chicago)
>
> 	Canadian Fuel Rate = 1.0828 GJ/e3m3 (based on average heating value
> of 40.6 MJ/m3)
> 	Canadian Fuel Rate Percentage = 2.73%
>
> 	USA Fuel Rate = 0.0243 Dth/mcf (based on average heating value of
> 40.6 MJ/m3)
> 	USA Fuel Rate Percentage = 2.23%
>
>
>
>


Hello Everyone.

AEP has been very cooperative with us when we have posted numbers in error on
EOL.  Please extend them back the favor if an issue comes up on their side.
Also please e-mail me if an issue comes up.

Thanks

John


Paul:  I finally got your address right!  Why are YOU listed in the Enron
Corp. address book?  Tanya and Rod can be accessed through the ECT
directory!  I spoke with David Mitchell this morning.  He will prepare a
short memo summarizing our recent discussion (NYMEX), probably by the end of
this week or early next week.  Then we can decide whether additional
conversations are necessary and how to proceed in general.  Also, please send
credit worksheets to BOTH Susan Bailey and Susan Flynn.  They divide up the
booty.  We have a new paralegal starting on Monday named Samantha Boyd.  She
will eventually be thrown into the fray.  We'll be sending a new message to
everyone in credit soon.  Thanks for your help.  Sara

	Paul Radous@ENRON
	05/31/2000 01:14 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: ISDA

Attached is the Casella worksheet for your distribution to a legal assistant.


sure

know how you feel - lets have lunch next week

tues/wed?


I came in too late to know whether it was offered or asked for, but yes, it
is a deliverable.  The Delta deal is being financed, so they are asking for a
lot of docs, including a letter from GE counsel.

To make it more fun, there are complications with the GE consent on the
Pastoria deal.  It is not a happy time between GE and Enron, but I hope it
will smooth over quickly.

More to come.

Kay

PS.  Still no comments from NorthWestern. We need to talk about how
scheduling problems Easter weekend if this thing drags on.

Ben F Jacoby@ECT
03/31/2001 09:50 AM
Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@Enron
cc: Chris Booth/NA/Enron@Enron

Subject: Northwestern & Delta

Kay:

Since NorthWestern and Delta are using Paul Hastings, I'm concerned about
NorthWestern asking for an acknowledgement letter as we provided to Intergen.
Have we offered to provide an acknowledgement letter to Delta on the LM6000s?

Regards,

Ben


For anyone else other than Carlos who needs it

Bev
---------------------- Forwarded by Beverly Beaty/HOU/ECT on 10/30/2000 03:20
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Steve Holmes" <Steve.Holmes@dvn.com>
10/30/2000 02:06 PM

To: <Beverly.Beaty@enron.com>, <carlos.j.rodriguez@enron.com>
cc:
Subject: 11/00 Co-Owner's Avails.

Please see the attached.

 - 1100Co-Owners Volumes to Enron.xls


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It's been changed to 250 - Chris is going to talk to Bloomberg, though,
because he thought it was a deal for 247. I'll let you know what they work
out.

Evelyn Metoyer@ENRON
03/30/2001 01:21 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/30 Checkout

BLOOMBERG

DEAL 566235
Bloomberg sent over a confirmation for a deal where:
Enron buys from Williams 25 mw 43-430 NP at $250.00

Should this deal 566235 price be $250 or $247.
Bloomberg has not sent over a confirmation for any deal at $247.00

PREBON
All deals checked out fine

AMEREX WEST
All deals checked out fine.


Harassment Avoidance Training

To contribute our personal best at Enron, our conduct must promote respectful and co-operative work relationships.  Workplace harassment conflicts with Enron's vision and values and violates Company policy.  Harassment also can violate federal and state laws.  By understanding what harassment is and its potential harm, we can prevent it in our workplace.

During this training you will:
Be able to recognize harassment
Learn to take precautions against being harassed
Learn to avoid being considered a harasser
Know how to address a situation involving harassment
Learn how harassment prevention is consistent with Enron Values

Go to <http://elm.enron.com> to sign up for the session of your choice.  Harassment Avoidance is listed in the Compliance Category.  If you have problems registering or have any questions, please call 713-853-0357.

The date and times available for sessions are:

Day	Date	Session I	Session II	Session III
Wednesday	Sept 19	1:30 - 2:45	3:00 - 4:15	4:30 - 5:45
Wednesday	Sept 26	1:30 - 2:45	3:00 - 4:15	4:30 - 5:45
Tuesday	Oct 2	1:30 - 2:45	3:00 - 4:15	4:30 - 5:45
Wednesday	Oct 3	1:30 - 2:45	3:00 - 4:15	4:30 - 5:45
Thursday	Oct 4	1:30 - 2:45	3:00 - 4:15	4:30 - 5:45

All training sessions will be held in the LaSalle Room at the Double Tree hotel.  There is a $50 charge for each enrollee/attendee in the training session.

This training is mandatory for all Enron employees.  However, those who have already attended the Enron harassment avoidance training will be offered a refresher course at a later date.


I will be out of the office until Thursday 5/31/01.  Melba Lozano and Chris Walker are the contacts for any product I had been working on.


Shirley,

Expense check:

$2,953.74

Vince


What about Change Order #2? Why are we making further changes to #1? We were
under the impression that it had been finalized for sometime.

Please advise.

Thanks,

Ben

jeffrey.darst@ps.ge.com on 04/24/2001 04:10:03 PM
To: Ben.Jacoby@enron.com
cc: chasecl@pssch.ps.ge.com
Subject: FW: Blue Dog Change Order 1, Revision 7

Ben,

Please send us an executable copy of Change Order #1 (with the attached
modifications).

Thanks,

Jeff

-----Original Message-----
From: Darst, Jeffrey A (PS, PPSD)
Sent: Thursday, March 01, 2001 11:06 AM
To: 'Renee.Alfaro@enron.com'
Subject: Blue Dog Change Order 1, Revision 7

Renee,

Attached are our comments.

Regards,

Jeff
Global Power Plant Systems
518-385-0663
518-381-1513 (fax)

 - Chgs. to draft CO#1rev 7 2-27-011.doc


---------------------- Forwarded by Maria Sandoval/HOU/ECT on 11/21/2000
10:51 AM ---------------------------

Yolanda Sandoval <Yolanda.Sandoval@Halliburton.com> on 11/21/2000 07:34:27 AM
To:
cc:
Subject: FW: Have a wonderful thanksgiving!

Yolanda Sandoval
KBR Legal Dept.
*713-753-5986
 *713-753-7626
* yolanda.sandoval@halliburton.com

This email, including any attached files, may contain confidential and
privileged information 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 information
for the recipient), please contact the sender by reply email and delete all
copies of this message.  Thank you.

>  <<Have A Nice One.....exe>>

 - Have A Nice One.....exe


Shirley,

Approved.

Vince

 -----Original Message-----
From: 	Crenshaw, Shirley
Sent:	Wednesday, June 27, 2001 2:39 PM
To:	Kaminski, Vince J
Subject:	RE: Test Message

P00503778.

Have a great day - Hope you got some rest!

 -----Original Message-----
From: 	Kaminski, Vince J
Sent:	Wednesday, June 27, 2001 8:08 AM
To:	Crenshaw, Shirley
Subject:	RE: Test Message

Shirley,

Please, send me my SAP #. I need it to approve the expense report.

Vince

 -----Original Message-----
From: 	Crenshaw, Shirley
Sent:	Wednesday, June 27, 2001 7:54 AM
To:	Kaminski, Vince J
Subject:	RE: Test Message

Vince:

Please approve Mitra's expense report if you have access to your system.

We go on the new system next week and all expense reports need to be
sent in this week or will have to be redone into the new system.

Thanks!

 -----Original Message-----
From: 	Kaminski, Vince J
Sent:	Wednesday, June 27, 2001 5:15 AM
To:	'Mike Boughton <boughton@maui.net>@ENRON'; vkamins@enron.com; vkaminski@aol.com
Cc:	David.Rowe@risk.sungard.com; Crenshaw, Shirley; 'vkaminski@aol.com'
Subject:	RE: Test Message

Mike,

Thanks for your message. The meeting on Tuesday at 7 is confirmed.

Vince

 -----Original Message-----
From: 	Mike Boughton <boughton@maui.net>@ENRON [mailto:IMCEANOTES-Mike+20Boughton+20+3Cboughton+40maui+2Enet+3E+40ENRON@ENRON.com]
Sent:	Tuesday, June 26, 2001 7:41 PM
To:	vkamins@enron.com; vkaminski@aol.com
Cc:	David.Rowe@risk.sungard.com
Subject:	Test Message

Hello Vince,

It was good to talk with you yesterday. David Rowe and I will be happy to
meet with you for breakfast at 7:00 on Tuesday. I will call on Monday to
set the location.

The URL for our commodity option calculator demonstration is

	http://perun.otci.net/Utility

Note that several of the data sets, which we obtain daily from NYMEX, are
incomplete. NG, HO, CN, NT and CL have enough data to indicate performance.
The others are either missing altogether or the series is too short to be
useful.

If you want to see the currency demonstration, it is at

	http://perun.otci.net/BC

and includes some technical material describing work we did in creating the
site.

With best regards,

Mike Boughton
		Options Technology Company, Inc.
		       P.O. Box 1275
		  Wailuku, Maui, Hawaii 96793
  Telephone  808.575.9592                  Fax  808.575.9331
	           http://www.otci.net


The lenders would like a list of the potential producers in Bolivia for
Cuiaba I and if info is available on their holdings please provide that as
well.  Can we also give the details of the Vintage transaction as an example
of our capabilities?   If their consent is required can you obtain?

KFW is ok on relying solely on the back-up fuel supply support but OPIC is
not there yet.

Also, KFW is offering to allow us to go back to floating on interest rate.
They will provide the cost within the next 24 hours, but they have indicated
that it will be significantly less than US$250,000 for a current estimated
annual savings of 60 bps.  This sounds like a good move to me.


---------------------- Forwarded by Scott Neal/HOU/ECT on 10/04/2000 06:08 PM
---------------------------

Paula Harris
10/03/2000 04:47 PM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Re: 2001 Margin Plan

Scott,

Here's your 2000 plan.

Scott Neal
10/03/2000 04:29 PM
To: Paula Harris/HOU/ECT@ECT
cc:
Subject: Re: 2001 Margin Plan

Can send you me a copy of the 2000 plan for the East Desk?

Paula Harris
10/03/2000 03:57 PM
To: Hunter S Shively/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Fred
Lagrasta/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Chris
Gaskill/Corp/Enron@Enron
cc:
Subject: 2001 Margin Plan

As you are already aware, Suzanne Nichole has moved on and I am the new team
reporting accountant for Gas Trading.  I am in the process of working on your
plans for 2001.  Dealiney and Lavarato communicated that 2001 margin plans
are to be initiated by each team and the minimum increase expected is 20%
over each of your 2000 plans.  Please send me your margin expectations so
that I can update the templates and forward you revised copies which will
include your direct expense plan dollars.

Given that the deadline for turning this information in to the Office of the
Chair is approaching soon, please send me your estimates as soon as you can.

Thanks, Paula.


On July 25, 2001, FERC issued an order approving PJM's modification of the deadline for reserving daily, firm point-to-point transmission service from noon on the second day prior to commencement of service to noon on the day prior to the commencement of service, effective June 18, 2001.

	If you need further information, please let me know.

	Susan Scott Lindberg
	x30596


Risk Group Meeting, 8:30AM Tuesday
EB2831
Dial-in # 713-646-3638

Agenda:
8:30 - 8:50: Daily officialization status
8:50 - 9:30:
	Update on Book archiving process
	Update on Risk Systems/Process Training session


Enjoy!
 - 20011103ERCOT_LOAD.XLS
 - 20011103ERCOT_FLOW.XLS


Take me out to the ballgame!  Enron employees are invited to come out and enjoy the Second Annual Enron Night with the Houston Astros.  On Friday, July 20th, cheer on our Astros as they face off against Sammy Sosa and the first place Chicago Cubs at 7:05pm.  You can be part of this special night and support Mark Koenig, a Sunshine Kids board member, and the Sunshine Kids organization, as they will throw out the ceremonial first pitch.  In addition, you can hear the Enron Choir perform our National Anthem and if you're one of the first 15,000 fans through the gates, you will receive an Astros replica batting practice jersey sponsored by Enron.

If you are one of the first 200 employees to purchase tickets to the game you will be automatically entered to win a Enron Field Gift Package courtesy of the Signature Shop including, the new Enron Field golf shirt, Enron Field stadium replica, and an Enron Field coffee mug ($100 value).  The winner will be announced in Enron in Action on Monday, July 9th.

Tickets are limited and will be on sale from Monday, June 11th through Friday, June 22nd, so don't miss out on this exciting night of baseball.  Discounted tickets will be only $8 each and to order your tickets or for more information, please go on-line to www.enronsigshop.com and click on special events.

Enron Night with the Houston Astros is brought to you by Corporate Sports Marketing and Events.


An excerpt from a recent article:
"Davis - who told reporters Monday that the state "is at war" with
Houston-based generators - is expected to meet with representatives from a
dozen energy companies Wednesday to discuss "unpaid debts, credit issues and
the supply of power." Those generators include Mirant, Williams and Duke
Energy.
At the meeting Wednesday, Davis will attempt to get the generators to take a
haircut on hundreds of millions of dollars of power bills owed by PG&E Corp.
unit Pacific Gas & Electric and Edison International unit Southern California
Edison. In exchange, a person close to Davis said, the governor may promise
to veto the windfall profits tax bill if it reaches his desk."

Generators Warn Of Blackouts If Calif OKs Windfall Tax Updated: Tuesday, May
8, 2001 07:19 PM ET
By Jason Leopold
Of DOW JONES NEWSWIRES
LOS ANGELES (Dow Jones)--Legislation to place a windfall profits tax on sales
of electricity into California will deter investments in new generation and
drive power out of the state, raising the risk of blackouts, wholesale-market
power suppliers said Tuesday.
"It would be totally counterproductive and prolong California's misery for
years to come," said Gary Ackerman, executive director of the Western Power
Trading Forum, an industry group. "New plants in California wouldn't get
built, and existing plants would cease operating. There would be blackouts
all day long"
On Monday, the Senate passed, by a vote of 25-12, a bill to tax at 100% sales
of electricity into California above $80 a megawatt-hour. A separate windfall
profits tax bill with a three-tiered rate system is moving through the
Assembly's committees and could come up for a vote in the full house later
this week. Electricity priced at $60/MWh would be taxed at 50%, sales of
power over $90/MWh would be taxed at 70% and electricity sales over $120/MWh
would be taxed at 90%.
Gov. Gray Davis has said he is "open" to the concept of windfall profits tax
on electricity sold into California, but hasn't said whether he supports the
bills moving through the Legislature.
Generators said they would seriously consider scrapping plans to build
much-needed new generation in California if the measure is signed into law.
"We do have some concerns on how (the bill) would affect new generation,"
said Mirant Corp. spokesman Chuck Griffin, whose company is investing about
$500 million in new power plants in Northern California. "We have said all
along that before we are able to build this generation we need to make a good
assessment of the business environment in the state, and the (windfall
profits tax) is certainly a factor."
Tim Thuston, managing director of government relations for Williams Cos.,
said a windfall profits tax is "confiscatory" and the state is trying to
circumvent the Federal Energy Regulatory Commission.
"I can tell you we think its a very poor idea," Thuston said. "I'm
speculating, but I think any time a state starts seizing profits it would
deter investment in that state."
Duke Energy, a power supplier investing more than $600 million in new power
plants in California, wouldn't comment on how the tax would affect its plans.
Mirant - following Williams' lead - supports short-term regional price
controls if they would bring stability to the state's wholesale power market,
Griffin said.
"We have expressed that we may be comfortable with some form of temporary
price mitigation in order to get through this crisis," Griffin said.
But the base prices for electricity written into the windfall-tax bills are
much lower than generators' actual costs, Ackerman said.
"Today's gas prices are much higher than that," he said. "Everybody would
automatically sell out of state."
Lawmakers Unmoved
Lawmakers aren't overly concerned with negative implications if the measure
becomes law.
"If the price for rolling out the welcome for generators is 10 to 30 times
more than Californians paid for power last year, then we ought to build our
own plants," said state Sen. Debra Bowen, D-Redondo Beach, and chairwoman of
the Senate energy committee. "The state's motto is 'Eureka,' not 'Welcome to
California, please come gouge us.'"
Paul Van Dyke, press secretary to state Sen. Nell Soto, D-Ontario, who is
sponsoring the windfall profits tax bill in the Senate, said "there's no
evidence that leaving things the way they are now will be better."
"California has a limited policy chest, and federal energy regulators are not
moving fast enough to solve the problems," Van Dyke said. "California needs
to build up its tool chest. So at the end of the day, whether we solve this
problem through windfall profits or a negotiated agreement with the
generators, the bottom line is consumers cannot be gouged."
Davis - who told reporters Monday that the state "is at war" with
Houston-based generators - is expected to meet with representatives from a
dozen energy companies Wednesday to discuss "unpaid debts, credit issues and
the supply of power." Those generators include Mirant, Williams and Duke
Energy.
At the meeting Wednesday, Davis will attempt to get the generators to take a
haircut on hundreds of millions of dollars of power bills owed by PG&E Corp.
unit Southern California Edison. In exchange, a person close to Davis said,
the governor may promise to veto the windfall profits tax bill if it reaches
his desk.
The governor's office wouldn't comment on the substance of the meeting
Wednesday.
Wall Street analysts said the measure could have severe effects on
California's economy if it passes and will pressure generators' shares as the
bills move through the Legislature.
"We expect weakness in (generators) shares with California exposure," Dan
Ford, an analyst with Lehman Brothers, said in a research note Tuesday. "A
windfall profits tax bill will motivate generation developers to remove
existing and new capital to other states and potentially destroy California's
already softening economy."
Ultimately, however, Ford expects the bill to be used as a bargaining chip
rather than passed.
The tax also raises regulatory questions, several lawmakers said. In essence,
California is attempting to set wholesale power rates, which are governed by
the Federal Energy Regulatory Commission.
A FERC commissioner wouldn't comment directly on the issue, but told Dow
Jones Newswires that the state has "no jurisdiction on wholesale power rates
and does not have the legal authority to adjust rates set by FERC."
-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com <mailto:jason.leopold@dowjones.com>


Stacy,  Bill Moore from Texaco called and the well at meter 9826 which came
on at the beginning of the month at 2,000 a day  has dropped of to 1,200 a
day.   Bill would like to change the nom to 900 so we balance for the month.
Let me know what you think and I'll get back with him.


The ALJ issued his initial decision on the CPUC complaint case today.  As was widely expected, he found that El Paso and its merchant affiliate, El Paso Merchant, were guilty of affiliate abuse.  However, he did not find clear evidence that they were exercising market power.

The ID is attached.


Fred:

I am passing this e-mail along to Tracy Cooper.  I am no longer with EBS and Tracy is the paralegal who took my place, so she will be assisting you on preparing master agreements.

Hope all is well!

Marie
 -----Original Message-----
From: 	Cohagan, Fred
Sent:	Friday, June 22, 2001 4:12 AM
To:	Nord, Sue; Hicks, Michelle; Gardner, Wayne; McBride, Jane; Heard, Marie; LaFuze, Molly; SNSTEST, EM2
Cc:	Roumel, Jonathan
Subject:	EBS - ENE Asia capacity transaction
Importance:	High

In order to pick a path and move this deal forward, I would like to progress this deal with EBS Asia Pacific (a Singapore company) selling services to Enron Networks (a US company?).  Enron Networks can then charge back all the appropriate companies for the cost as it does with all the other services it provides.  Since we do not have a master agreement between EBS A/P and Enron Networks, I propose that we proceed along the following path:

1.  Michelle - can you please contact the appropriate Enron Networks attorney and see if he/she will execute a Master Agreement of the same form with EBS A/P
2.  Marie - if he/she will execute a new Master with EBS A/P, will you please draft, otherwise will you please submit the new short form GTCs and we will paper the deals with the GTCs

Once we have confirmed the entities and the form of document, we can quickly issue firm pricing offers, get approval from Barry on the price and issue deal tickets and start the approval process

Molly - since EBS has already transacted with Enron Networks, are we required to go thru the entire CAF process or is there a shorter process?

Our customer (Barry) has a great sense of urgency in this order and we still have significant lead times on ordering local loops so we need to resolve all issues so we can get loops on order.

Thanx for your help

Fred

Fred Cohagan
Director, Global Wholesale Services, Asia
Enron Broadband Services
Singapore Phone:  +65 838-9022
e-mail: fred_cohagan@enron.net


The University of Texas Law Alumni Association:
512-232-3224
512-471-5660 (F)

Nancy Brazzil
Assistant Dean For Development and Alumni Relations
512-232-1129
nbrazzil@mail.law.utexas.edu

Tom Henninger
Director, Law Alumni Association
512-232-1156
thenninger@mail.law.utexas.edu

Hollis Levy
512-232-1110

Dean Bill Powers

Juan Zabala


Here are two documents per your request, Maureen - I was not sure which one
you wanted:

(See attached file: 5 Part Leadership Model_Fall 2000.doc)(See attached
file: Evaluations1.ppt)

+-------------------------------------------------------------+
| This message may contain confidential and/or privileged     |
| information.  If you are not the addressee or authorized to |
| receive this for the addressee, you must not use, copy,     |
| disclose or take any action based on this message or any    |
| information herein.  If you have received this message in   |
| error, please advise the sender immediately by reply e-mail |
| and delete this message.  Thank you for your cooperation.   |
+-------------------------------------------------------------+
 - 5 Part Leadership Model_Fall 2000.doc
 - Evaluations1.ppt


Did you ready this?

I think we need to get the Real-time and services desk, as well as the ST-cal desk together to talk about this.

What are your thoughts on the impact?

MO

 -----Original Message-----
From: 	CRCommunications <CRCommunications@caiso.com <mailto:CRCommunications@caiso.com>>@ENRON [mailto:IMCEANOTES-CRCommunications+20+3CCRCommunications+40caiso+2Ecom+3E+40ENRON@ENRON.com] <mailto:[mailto:IMCEANOTES-CRCommunications+20+3CCRCommunications+40caiso+2Ecom+3E+40ENRON@ENRON.com]>
Sent:	Tuesday, June 05, 2001 9:11 AM
To:	ISO Market Participants
Cc:	Smith, Roger; Theaker, Brian; Rahman, Brian; Greenleaf, Steve; Ford, Greg; Casey, Keith; Sheffrin, Anjali; Hildebrandt, Eric; Rothleder, Mark
Subject:	CAISO Notification - Supplemental Market Notice Regarding Impleme	ntation of FERC's May 25, 2001 Order

Supplemental Market Notice
Regarding Implementation of FERC's May 25, 2001 Order

On May 26, 2001, the ISO sent out a Market Notice explaining its
implementation of FERC's May 25, 2001 Order (Order Providing Clarification
and Preliminary Guidance, 95 FERC ? 61,275).  The May 26 Market Notice noted
that FERC accepted the ISO's proposal to substitute a $0/MWh bid for all
available capacity that is not bid into the ISO's Imbalance Energy market
and for which either the ISO has not received heat and emission rate
information or the information is not complete.
Under the price mitigation proposal contained in FERC's April 26, 2001 and
May 25, 2001 Orders, generation owners selling into the ISO's markets or
transmitting power over the ISO Controlled Grid have the responsibility to
bid in any available capacity into the real-time Imbalance Energy market.
As noted above, if such capacity is not bid into the Imbalance Energy
market, the ISO has the authority to create price taker bids for any
non-hydro resource that has available capacity.   Such price-taker bids will
be created by either expanding a submitted Supplemental Energy bid to
include the unbid capacity or creating a Supplemental Energy bid of $0 value
for that unbid capacity.

Although the ISO has not started inserting the $0 price-taker bids, the ISO
will begin  doing so for Trade Day June 6, 2001.  For resources in which
available capacity can not be calculated in real-time due to the lack of
relevant information (e.g., resources with significant load behind the meter
for which there is no telemetry or separate metering of load and generation
or resources that are scheduled on aggregated basis), the ISO will not be
inserting price-taker bids.

Resources for which available capacity can not be calculated in real-time
generally include Qualifying Facilities ("QFs") under Public Utilities
Regulatory Policy Act of 1978.  On May 16, 2001, the FERC issued an Order
granting, in part, motions for emergency relief filed by entities
representing QFs, see, 95 FERC ? 61,226.  The FERC authorized the sales of
"excess" QF power at negotiated rates provided that the power is sold to
serve load in California. The FERC stated that excess QF sales may be made
pursuant to either bilateral contracts at negotiated rates, or may be bid
into the  ISO's real-time market.  If the QFs choose the real-time market,
the FERC required the QFs to be price-takers.

The ISO notes that in all cases where it does not have adequate information
to calculate available capacity, the owners still have the responsibility to
bid in all available capacity under FERC's Orders.

Client Relations Communication
CRCommunications@caiso.com <mailto:CRCommunications@caiso.com>


You are awesome.

Linda Robertson
04/13/2001 03:58 PM
Sent by: Lora Sullivan
To: Rosalee Fleming/Corp/Enron@ENRON, Tori L Wells/HOU/ECT@ECT, Steven J
Kean/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Richard
Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Sarah
Novosel/Corp/Enron@ENRON, Carolyn Cooney/Corp/Enron@ENRON, Lora
Sullivan/Corp/Enron@ENRON, Tom Briggs/NA/Enron@Enron, Carin
Nersesian/NA/Enron@Enron
cc:

Subject: Cheney Meeting Briefing Book

Attached is the Briefing Book for the 10:00 AM (EDT) Cheney meeting on
Tuesday, April 17, 2001.

We will be making additions to this book over the weekend, and a final
document will be ready for Ken Lay and Steve Kean on Monday evening.

By fax we are sending the attachment documents which were not available to us
electronically.


---------------------- Forwarded by Eric Boyt/Corp/Enron on 03/23/2001 10:46
AM ---------------------------

	From:  Doug Leach @ ECT                           03/23/2001 10:36 AM

To: Bruce Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Eric Boyt/Corp/Enron@Enron, Mathew Gimble/HOU/ECT@ECT, David
Fairley/HOU/ECT, Justin Folloder/NA/Enron

Subject: Ft Pierce

A couple of quick questions about the truck deliveries to the H. D. King
Power plant location:

1) Do the delivering trucks need to have their own pumps?
2) What size lines are the trucks pumping into? 3"?
3) When connecting to our lines do the trucks need anything other than
standard fittings?

Outstanding issues:

1) Full spec sheet--especially sodium and potassium guarantees
2) After the initial tank fill delivery availability 24 hours/day and
weekends?
3) Tank fill and beyond--why not the full 1MM gallons?
4) Dyed/non dyed fuel issue--tax evaluating
5) Identify previous diesel supplier to the plant
6) Design a fuel resupply plan including prepurchase of fuel, call on
transportation, buy diesel calls for expected outage periods
7) Buyer of record and credit issues with suppliers
8) Tank fill price--fixed or floating? (Platt's, NYMEX, OPIS, rack price)
9) Commercial start date of plan
10) Any other issue to be discussed

Did I leave anything out?


Calpine and NRG risk management guys wanted to know if we would make a market in turbine call options - great idea (yours) but I am afraid they want our bid.

Chris Calger
503-464-3735

 -----Original Message-----
From: 	Thome, Stephen
Sent:	Thursday, October 04, 2001 8:27 AM
To:	Calger, Christopher F.; Le Dain, Eric
Cc:	Jacoby, Ben; Wiggs, Brett
Subject:	RE: abb

Chris,

I have received a number of emails.  Only one (CP&L) was asking specifically about the turbines.  The other two (Calpine and NRG) are more interested in the turbine call option concept as a risk management tool.

I will keep you posted on the contacts.  I placed a call back to CP&L, and email reply to Calpine.  NRG call is planned for the afternoon.

The turbine option is not clickable yet.  My citrix server is experiencing some problems.  The helpdesk is working on it.

Steve

 -----Original Message-----
From: 	Calger, Christopher F.
Sent:	Thursday, October 04, 2001 8:04 AM
To:	Le Dain, Eric
Cc:	Thome, Stephen; Jacoby, Ben; Wiggs, Brett
Subject:	RE: abb

Eric.  Thanks for the update.  The units are posted on EOL, but no one can click "done" just yet and I dont think we have had any activity..

Chris Calger
503-464-3735

 -----Original Message-----
From: 	Le Dain, Eric
Sent:	Thursday, October 04, 2001 7:54 AM
To:	Calger, Christopher F.
Cc:	Kitagawa, Kyle
Subject:	RE: abb

Silence from Chino the last 2 days.  We were supposed to hear Tuesday am.
Marine Diesel is bringing a buyer to site tomorrow.  Supposedly they are ready to go for  a project overseas with a JV between HQ and probably the main utility in France.  They are ready with funds for the deposit.  Of course I've heard that before, but the broker is very excited so it may have some truth.
Nevertheless,  I gather you're pressuring Steve to go click live on EOL.  I understand we need to move on this, and just pray no one is so foolhardy to click until we get these other buyers sorted out (unless it's a front run of these potential buyers Chino and the French outfit).
Also, Tesco is back in the game with the California Power Authority and Water District - their timing is early next week.

 -----Original Message-----
From: 	Calger, Christopher F.
Sent:	Tuesday, October 02, 2001 1:45 PM
To:	Le Dain, Eric
Subject:	abb

any news?

Chris Calger
503-464-3735


-----Original Message-----
From: Nicolay, Christi L.
Sent: Monday, October 22, 2001 1:26 PM
To: Kitchen, Louise; Dietrich, Janet; Delainey, David; SMITH, Douglas; Lavorato, John; Black, Don; Forster, David; Duran, W. David; Belden, Tim; Calger, Christopher F.; Foster, Chris H.; Black, Tamara Jae; Aucoin, Berney C. ; Furrow, Dale; Meyn, Jim; Harvey, Claudette; Presto, Kevin M.; Jacoby, Ben
Subject: FW: RTO Week -- Summary of Standards and Practices Panel

FYI.

TJ and Claudette--Please forward to your groups.  Thanks.
-----Original Message-----
From: Rodriquez, Andy
Sent: Thursday, October 18, 2001 4:46 PM

Standardizing Markets, Business, and Other Practices <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Panelists for this discussion were:  Sarah Barpoulis, PG&E National Energy Group; William P. Boswell, GISB; Bill Burkes (substituting for David J. Christiano), City Utilities of Springfield, Missouri; David N. Cook, NERC General Counsel; Michael Kormos PJM Interconnection; LeRoy Koppendrayer, Minnesota Public Utilities Commission; and Marty Mennes, Florida Power & Light Company.

 General Observations

 The Commissioners were all present the majority of the time (Massey left late in the  afternoon).  FERC Staff was active in the discussion; however, the commissioners were very active as well, asking perhaps as much as 70% of all questions.  There was a general consensus that standards were needed; much discussion focused simply on how much and by who. The Commission seemed very interested in leaning what they needed to do to move the industry forward and how far they needed to go.  Panelists urged the need to mover forward as quickly as possible, but both they and FERC seemed to recognize that some of the issues regarding standardized market design and such needed to be addressed before RTOs could really begin to move forward.  There was discussion on identifying which industry group (NERC or GISB) would take the reins in the future.  On an interesting tangential note, there was noticeable conflict between NERC and GISB, with veiled insults between the two organizations somewhat common during the discussions.

 FERC Deliverables

A great deal of the discussions focused on identifying what the industry needed from the Commission.  Staffers probed all panelists to find what they felt was critical.

The first major topic was "How many RTOs?  What is their scope?"  All panelists seemed to agree that this question needed to be answered immediately by FERC, in strong definitive language.  N o one offered any specific language, but seemed to be urging FERC to issue a formal statement.

The next topic was, "What will be standard market design?"  Panelists varied on this, but most felt strong guidance from FERC is urgent.  Some urged for one mandatory design for North America, one supported a set of rigid standard designs, one supported a single design with requests for exceptions (followed by an in-depth review process), and one seemed to prefer the current situation.

The commission in general seemed to be very interested in understanding what the industry needed to move forward.  They continually visited this topic throughout their discussions, asking questions like, "Do we need to issue a Mega-Order that addresses all these issues?" and, "How much detail do you need us to provide?"   General feel from the panelsists seemed to be they wanted strong leadership in this areas.  Kormos and Burkes went so far as to say FERC should "Mandate as much as they felt comfortable - and then go a little further."  Others seemed to be a little worried about this idea, but in general did not oppose the concept, citing only general warnings and the need for cautious investigation.

One item of interest: Wood referred to the filing made by the Electronic Scheduling Collaborative and specifically asked if the items identified in the "RTO Design and RTO Implementation" section would address many of the questions and uncertainty facing the industry with regard to RTO design.  Kormos indicated that clear and specific answers to these questions specifying a course of action would go a long way toward guiding the industry.  The section to which Wood referred was one that I wrote, and asked the following questions:

?         Congestion Management - When Operational Security Violations occur, how is the system to be stabilized in a fair and equitable manner that is nonetheless efficient?  Will LMP based systems be standard, or will there be others that must be accommodated?

?         Transmission Service  - Are transmission services required to schedule ("covered" schedules only), or are they risk management tools protecting from congestion charges (both "covered" and "uncovered" schedules are allowed)?

?         Loop Flows  - Are contract-path based or flow-based transmission services appropriate?  If contract-path based, how are parallel path issues to be addressed?

?         Grandfathered Transmission Service - Should contracts existing prior to RTO development be transferred, or is there an equitable way to retire those contracts?  Are there other solutions?

?         Energy Imbalance Markets - How are imbalance markets to function? Will they serve as real-time energy markets (support unbalanced schedules), be limited to supplying needs of imbalance service (require balanced schedules), or will they be required at all?

?         Ancillary Services - Will ancillary service markets be developed in standard ways?  Will entities be required to actually schedule ancillary services (required to schedule), or will they be treated primarily as financial instruments (protecting against real-time POLR charges)?

?         Losses - Can we utilize the imbalance markets to support losses?  Can we create specific loss standards that facilitate the scheduling process, or must we support methods that are currently in tariffs, but technically unwieldy?

?         Non-Jurisdictionals - How are non-jurisdictionals to be integrated into the new world?  Should systems be designed with the assumption that non-jurisdictional will be part of an RTO?  Or should they be designed to treat each NJE as a separate entity?

Hopefully, FERC will use this section as a template to answer these critical questions in an assertive manner, and give some solid direction in which to move. Kormos emphasized the need for concrete answers to these questions, pointing out that vague answers (i.e., "do congestion management") will take a year or two to resolve, but specific answers (i.e., "LMP with financial hedging instruments") will take only months.  The Commission asked Mike about moving forward, and he told them that effectively, it was impossible to move forward with implementation without getting these issues addressed.

Now for a  funny point - One of the commissioners (I think Breathitt) referred to some concerns expressed in the Northwest that their high concentration of hydro power makes LMP inefficient for the Northwest.  Kormos flat out said, "My profession is understanding how power systems work, and I don't believe that that statement is true."  He then backpedaled a bit and said that it would need more study, but he stood by his statement that the assertion by the Northwest interests was false.

NERC and GISB

A great deal of discussion focused around the need for a single standard-setting organization.  Massey went so far as to ask, "Are we looking at a beauty contest between NERC and GISB?"  Cook and Boswell then went into several short polite jabs at each other's organizations.  Other participants continually reiterated the need for ONE, INDEPENDENT organization.  Interestingly, Boswell was very emphatic about the established trust and respect in GISB, while Cook preferred to only talk about the "new" structure of NERC and did not focus on its history.

Brownell offered some not-too-subtle passive support of GISB by pointedly asking both Cook and Boswell if they lobbied political positions (i.e., were they not only an organization but also a stakeholder?).  GISB was easily able to say they were not, but NERC of course had to admit to their romancing of Congress and the Bush administration for reliability legislation. Point, Brownell.

Mennes acted as somewhat of a supporter for NERC, playing Dave Cook's yes-man.  He probably did them a little bit of harm by pointing to NERC's supposed "successes," such as TLR and E-Tag.  If staffers have tenure, they will likely remember that these "successes" have not been so successful, resulting in several filings and interventions.  We may also wish to file comments in specific objection to these claims, to refresh their memory and to show the pretty picture Marty painted was in fact a fiction.

There was a little discussion about splitting reliability and market issues, but general consensus was that I could not be done.  There was also some talk of folding NERC under GISB/EISB.

The arguments began winding down after a some time, and Boswell strongly urged the Commission to speak to industry executives and advocacy group leadership to see whether NERC or GISB should lead the industry forward.  NERC somewhat less enthusiastically supported this position.  In general, I would say it was a close fight but GISB came out more on top.

Let me know if you have any questions.

Andy Rodriquez
Regulatory Affairs - Enron Corp.
andy.rodriquez@enron.com
713-345-3771