Tuesday, November 20, 2001  Power Measurement   [IMAGE] HOME  - CONTENT SELECTION   - MEMBER SERVICES   - ADVERTISING   - PARTNERING   - CONTACT US      [IMAGE]          [IMAGE]  IN THIS ISSUE     [IMAGE]   [IMAGE]    Daily Edition for paul.d.thomas@enron.com  [IMAGE]     Electric Power News  Restructuring Today   RER's eMetrix Load Forecast: CAL ISO   Electric Power News - Top Stories  Electric Power News - Most Requested  Gas Industry News - Top Stories  Utility Stock Price - Top Gainers           Selected Content Not In This Issue  Utility Spotlight - Every Monday         [IMAGE]  ELECTRIC POWER NEWS     [IMAGE]   [IMAGE]  [IMAGE] [IMAGE] Selected 64 of 64  Articles Today!      THESE ARTICLES BROUGHT TO YOU BY     Does your corporate energy strategy include accurately forecasting  budgets, data warehousing, improving processes and maximizing efficiency? Learn how to design a comprehensive energy strategy to significantly  impact business earnings. 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View the list of Datamonitor's Company Profiles.  http://www.energycentral.com/sections/research/default.cfm?cpane=23003&rpublisher=11408&rtype=all         Top Stories     Enron Collapse Might Inhibit Energy Dereg in Some States, Say Observers   Nov. 19 (Utility Spotlight) While it's still too early to determine just what effect Enron's collapse will have on energy marketing, most observers can see it as a negative, especially to such states as Arkansas, Montana, Nevada, New Mexico, Oklahoma, Oregon and West Virginia that already had second thoughts about getting into competitive power marketing.  Special Offer from this Publisher!   [IMAGE]   EdF boosts UK electricity presence with TXU buys   LONDON, Nov. 19 (Reuters) - State-owned Electricite de France boosted its presence in the UK on Monday when it bought the country's biggest power distribution network from U.S. firm TXU Europe for 1.31 billion pounds ($1.86 billion).  [IMAGE]   E.ON eyes Czech power distributors - paper   PRAGUE, Nov. 19 (Reuters) Germany's E.ON could take over six Czech energy distribution firms if a consortium of NRG Energy and International Power succeeds in an ongoing energy privatisation tender, the daily Lidove Noviny reported on Monday.  [IMAGE]   Montana Power: Problems Continue to Overshadow Transformation Into Touch America   By Will McNamara, IssueAlert, Nov. 19 (Scientech) Montana Power shares fell on Nov. 16, a day after the utility posted a loss for its third quarter, citing the slowdown in the economy and the company's transition from a diversified energy company to a stand-alone telecommunications firm. Special Offer from this Publisher!        Press Release     POWERWEB AND SAIC SIGN NATIONWIDE DISTRIBUTION AGREEMENT   Media, PA, November 19, 2001-- Powerweb Technologies, Inc. today announced that is has signed a nationwide Distribution and Joint Marketing Agreement with Science Applications International Corporation (SAIC). This agreement will enable SAIC to market and deploy Powerweb?s Omni-Link Internet Energy Platform, to energy organizations as well as end-use energy customers throughout the United States.       Energy Security     Spent nuclear fuel vulnerable to attack-US lawmaker   By Chris Baltimore, WASHINGTON, Nov 19 (Reuters) A U.S. lawmaker on Monday warned the Nuclear Regulatory Commission that depleted radioactive fuel stored at the nation's 103 nuclear power plants is "extremely vulnerable" to attack.    [IMAGE] ADVERTISEMENT    Get the customized energy information YOU need. Content blocks  revolutionize Energy Central Direct. From utility stock prices to Dow  Jones 4 Corners Electricity Index to energy events, content blocks keep  you on top of what's most valuable to you. Customize your content blocks  today at http://www.energycentral.com/sections/ecdirect/ecd_content.cfm          California Crisis     Governor Asks for $382 Million Back from Energy-Related Budgets   Nov. 19 (California Energy Markets) When the energy crisis hit, California's coffers were still fat from the economic boom in the late 1990s. Special Offer from this Publisher!        Pushing for public power / Backers say they'll have issue on next ballot   Nov 19 - San Francisco Chronicle Public power advocates in San Francisco will have to convince people like Tim Colen that their idea is a good one if they want to go back to the ballot next year and win.      Competition & Deregulation     INTERVIEW-Pepco sees electricity deregulation slowing   By Christopher Doering, WASHINGTON, Nov 19 (Reuters) Several states that delayed plans to deregulate power markets were scared off by the woes of beleaguered energy trader Enron Corp., California's failed electricity market restructuring, and the Sept. 11 attacks, the head of Potomac Electric Power Co. said on Monday.       Users, regulators at odds over who pays for power plants   Nov 19 - New Orleans CityBusiness THE STATE'S LATEST version of a limited electricity deregulation plan is getting a lukewarm response from some of deregulation's staunchest supporters - large industrial electricity users and energy policy advocates.    [IMAGE] ADVERTISEMENT    How has Enron remained a dominant factor in energy markets while other  firms have struggled? To find out visit: http://www.energycentral.com/links/show_mi.cfm?id=100386          Mergers, Acquisitions & Divestitures     TXU sells West Burton power station to EdF   LONDON, Nov 19 (Reuters) U.S. Energy Group TXU Corp said on Monday it had sold its West Burton power station to London Electricity Group, a unit of Electricite de France for 366 million pounds ($520 million).       Dynegy's Buying Enron Results in Bitterness, Problems And Support   Nov. 19 (Utility Spotlight) The proposed acquisition of Enron by cross-town rival Dynegy has ruffled some feathers of Enron employees, many of whom will lose not only their jobs but also what was once a fortune, now in nearly worthless stock options. Special Offer from this Publisher!        The Sunday Telegraph: Westlb Makes A Grab for Gbp1bn Wessex Water   Nov 19, 2001 - FT World Media Abstracts via Comtex Germany-based bank WestLB is negotiating with US-based energy concern Enron for a possible acquisition of Wessex Water.      Distributed Generation     Micro-Power Plants in Every Home May Be Feasible, Minnesota Chamber Says   By Bob Freund, Post-Bulletin, Rochester, Minn., Nov. 17 A power plant in every business?      Rates     PGE Files TransConnect Rate Proposal with FERC   Nov. 19 (Clearing Up) TransConnect's long-planned rate proposal has been filed with FERC. Special Offer from this Publisher!        Xcel Energy Seeks Surcharge Suspension in Texas   By Greg Rohloff, Amarillo Globe-News, Texas, Nov. 16 Xcel Energy asked the Public Utilities Commission of Texas on Thursday to approve the suspension of fuel surcharges for electric service customers because of falling natural gas prices.       Reliant Energy to Cut Rates 17 Percent When Deregulation Begins in Texas   By Laura Goldberg, Houston Chronicle, Nov. 18 Residential customers who stick with Reliant Energy when electricity deregulation begins in January could see a drop in power rates of about 17 percent.      General     New Jersey Balks at Increase in Seniors' Heating Aid   By Herb Jackson, The Record, Hackensack, N.J., Nov. 19 It gives the term "budget freeze" a whole new meaning.       Orlando, Fla., Utility Customers May Get Bigger Bills due to Schedule Switch   By Mark Schlueb, The Orlando Sentinel, Fla., Nov. 16 Some Orlando Utilities Commission customers may soon receive a holiday surprise in the mail -- a higher bill.      New Technologies/Markets     Scientists Seek New Energy Sources   Nov 18 - Associated Press In Canada's Northwest Territories, where the Mackenzie River empties into the Beaufort Sea, scientists are studying a vast deposit of frozen methane as a potential energy source.      Power Pricing/Supply     West Power Extends Losses on Holiday Loads, Ample Supply   Nov. 19 (Btu's Daily Power Report) Power continued trading at depressed levels today as market driving news only served to send the prices further into the basement. Special Offer from this Publisher!        Burnt Toast   Nov. 16 (Energy Market Report) California Republican lawmaker Doug Ose submitted a letter to FERC on Thursday demanding that the agency act on allegations of preferential treatment of the state?s power purchasing arm by its grid operator, the California Independent System Operator. Special Offer from this Publisher!       Transmission & Reliability     Government Attempts to Bring Forward Opening of Norte-Sul II Transmission Line   Nov 19, 2001 - FT World Media Abstracts via Comtex Brazil's mines and energy ministry is attempting to bringing forward the opening of the Norte-Sul II electricity transmission line from April 2003 to December 2002.      Power Projects     Environmental Justice Cited in Fight against Power Plant near Hillburn, N.Y.   By Candy J. Cooper, The Record, Hackensack, N.J., Nov. 19 Unlit cigarette in one hand, cordless telephone in the other, Roderick Perry receives guests under the maple trees in his back yard, the office he shares with occasional black bears and rattlesnakes.       MRCB unit to proceed with Sepang power plant - report   KUALA LUMPUR, Nov 18, 2001 (AFX-Asia via COMTEX) --  Malaysian Resources Corp Bhd (MRCB) is expected to proceed with the construction of its 710 megawatts power project undertaken by its unit Sepang Power Sdn Bhd, The Edge reported, citing sources.       Florida Power Plans Additional Generating Capacity to Meet Future Needs   Nov 19, 2001 - PR Newswire As part of its commitment to meet the growing electricity needs of customers, Florida Power is taking steps to add approximately 500 megawatts of generating capacity in November 2005.      Legal     Enron delays closing Indian plant after creditors' legal action   BOMBAY, Nov 19, 2001 (AFX-Europe via COMTEX) --  Enron Corp's Indian subsidiary said it had to delay serving a final termination notice to close its power project in western Maharashtra state after local creditors filed legal action.       CalEnergy Sues SoCal Edison, Seeking $100M for Power Supplied in Crisis   Nov. 19 (Utility Spotlight) With the supply and wholesale price concerns of a year earlier now a distant memory, a small qualifying facility geothermal power generator sued Southern California Edison for $100 million last week with many counterpart QFs lending support. Special Offer from this Publisher!       Renewables     Suncor forms venture with Spanish wind power firm   CALGARY, Alberta, Nov 19 (Reuters) Suncor Energy Inc., Canada's second-biggest oil sands miner, said on Monday it had formed a joint venture with Spain's EHN Group to develop wind power projects in Canada.       Foreign firms to produce electricity from garbage in Mexico   Monterrey, Mexico, Nov 18, 2001 (EFE via COMTEX) --  Plans are underway to build an electricity generating plant in the northern city of Monterrey powered by gas generated from garbage, the government said Sunday.       Sugar Association Sees 6,000MW Generation Potential   Brazil, Nov 19, 2001 (BNamericas.com via COMTEX) --  Brazil has the potential to develop some 6,000MW in generation projects using sugar cane biomass, Sao Paulo sugar cane association (Unica) advisor Onorio Kitayama said.       Iberdrola, EHN, Suncor to jointly develop wind farms in Canada   MADRID, Nov 19, 2001 (AFX-Europe via COMTEX) --  Iberdrola SA said it and Energia Hidroelectrica de Navarra (EHN) through their affiliate North American Renewables Canada have formed a joint venture with Suncor Energy Inc to develop and operate windfarms in Canada.       The Sunday Times: United in Gbp200m 'Green' Scheme   Nov 19, 2001 - FT World Media Abstracts via Comtex British electricity provider United Utilities has announced plans to invest GBP200m in wind farms, hydroelectric plants, biomass projects, and landfill gas production in an effort to boost the UK's dependency on renewable energy to 10% by 2010, as mandated by the government.       Control Sought Over 2 Columbia Dams   Nov 18 - Columbian A rare challenge is under way for the right to operate two hydropower dams on the Columbia River, just upstream of prime salmon-spawning habitat in the Hanford Reach.       Rich Future Seen For Clean Energy In Northwest; Sun, Wind, Fuel Cells Will Provide Power, Study Predicts   Nov 19 - Seattle Post - Intelligencer Dot-coms are dwindling and The Boeing Co. is trimming, but Northwest residents should fear not - experts say the next big thing is just around the corner.       Hydropower station goes into operation on Paramushir   Nov 19 - ITAR - TASS News Wire The only hydropower station in the Sakhalin region, a small power station went into operation on the South Kurile island Paramushir, Tass learnt from the regional administration.       Research on new energy sources to be funded by Xcel Energy   MINNEAPOLIS, Nov. 19 (News Release) Xcel Energy and the Renewable Development Fund board have selected 11 research projects for funding - phase two of the fund's first-year grants.       German windpower soon to surpass hydroelectricity, group says   Nov 19, 2001 - Deutsche Presse-Agentur (dpa) Germany's wind power sector is on course to surpass the electrical output of hydroelectric facilities in the year 2003, the country's top alternative energy think tank said Monday.       Pawa Pledge to Buy Back Power   Nov 18, 2001 - Australasian Business Intelligence The Northern Territory Power & Water Authority (PAWA) has implemented a buy-back solar power policy in Alice Springs.      Energy Efficiency/Conservation     BPU Heads United Energy Conservation Offensive   Nov 19 - New Jersey Business Since last summer's threat of energy shortages, marked by California's rolling blackouts, the high price of natural gas - used by many power companies to generate electricity - and sky-rocketing gasoline prices, businesses and residents across the country have been thinking "conservatively" about their energy consumption.      People     Amusategui to Step Down As Chairman of Fenosa This Week   Nov 19, 2001 - FT World Media Abstracts via Comtex Jose Maria Amusategui, chairman of Spanish power utility Union Fenosa and former chairman of bank Santander Central Hispano (SCH), will this week step down as chairman of the power company.      Nuclear     FEATURE-Utah battles proposed nuclear dump   By Leonard Anderson, SAN FRANCISCO, Nov 18 (Reuters) The State of Utah is battling a group of energy companies that plans to build a dumping ground for radioactive nuclear waste on an American Indian reservation about an hour's drive from Salt Lake City.       Gov't to Urge Utilities to Ensure Nuclear Plant Safety   Nov 19, 2001 - Kyodo News The government will urge power companies to ensure the safety of nuclear power plants as part of its efforts to seek public support for its pro-nuclear energy policy, Chief Cabinet Secretary Yasuo Fukuda said Monday at a news conference.       De Palacio And Unesa Advocate Reopening Debate on Nuclear Power   Nov 19, 2001 - FT World Media Abstracts via Comtex The European Commission and Unesa, the Spanish electricity sector association, have openly acknowledged that the time is right to reopen the debate on a possible reactivation of nuclear energy.       International atomic watchdog to inspect Czech nuclear plant   Nov 19 - Associated Press An 11-member international group of nuclear experts launched a weeklong inspection of the troubled Temelin plant Monday, officials said.       MAINE YANKEE BUILDING IMPLODED SUCCESSFULLY   Nov 18 - Portland Press Herald With a thunderous blast that shook the earth for miles around, demolitionists set off 100 pounds of explosives Saturday to bring down most of the turbine building at the closed Maine Yankee nuclear power plant.      Financial     Congressman urges probe of Andersen on Enron   WASHINGTON, Nov 19 (Reuters) - A U.S. Congressman has called for an investigation of Big Five accounting firm Arthur Andersen LLP in connection with its audits of Enron Corp. and Waste Management Inc., according to a letter released on Monday       Bonds to Finance Windmill Construction in Kennewick, Wash., Area   By John Stang, Tri-City Herald, Kennewick, Wash., Nov. 16 Energy Northwest sold bonds this week to finance construction of 37 power-generating windmills south of Finley.       Employees' 401(k) Plans Sink with Enron   By Jeff Manning, The Oregonian, Portland, Ore., Nov. 16 Enron, the once-mighty energy giant, took millions of dollars of its employees' retirement savings down with it as it collapsed with shocking swiftness during the past month.       FUND SCORE-Utilities funds may lag in economic recovery   By Christopher Noble, BOSTON, Nov 19 (Reuters) Mutual funds that focus on utilities have posted average returns this year, but they may well fall behind more cyclical stocks as the economy recovers in the months ahead, a fund manager said on Monday.       TXU stock hit as UK sale promises profit drag   NEW YORK, Nov 19 (Reuters) - TXU Corp. shares dropped 8.5 percent in early trading on Monday after the Texas utility holding company disclosed the long-promised sale of its British power distribution network.      Financial - Results     Edison Int'l sees 2001 EPS of $1.27-$1.30   LOS ANGELES, Nov 19 (Reuters) - Edison International, the parent of financially troubled utility Southern California Edison, said on Monday it expected to report 2001 earnings of $1.27 to $1.30 a share, excluding one-time items.      International     RWE declines comment on Stoen stake bid report, interested in Polish market   ESSEN, Germany, Nov 19, 2001 (AFX-Europe via COMTEX) --  RWE AG said it is interested in the Polish energy market, but declined to comment on a newspaper report which said that it is bidding for a stake in Poland's energy company Stoen.       Brazil: Negotiations with energy distributors continue   Brazil, Nov 16, 2001 (Valor Economico/SABI via COMTEX) --  The financing that the BNDES (Banco Nacional de Desenvolvimento Economico e Social) will pay to Brazilian energy distribution companies to compensate for the losses they have incurred will be R$2.96bil, which signifies a recognition of losses of R$3.7bil, as the compensation is intended to cover 80% of the losses.       Major Meeting Scheduled For Energy Sector   By Ernest Ndunda, Nov 19, 2001 (The East African Standard/All Africa Global Media via COMTEX) --  A major meeting for stakeholders in Kenya's energy sector is set for January 10 next year, to chart the way forward for the industry.       Why Basslink Is Good for Us   Nov 18, 2001 - Australasian Business Intelligence The $A500m electricity cable being planned to link Victoria and Tasmania will have numerous benefits.       Union Fenosa Plans to Invest Pta16.5bn in Panama Over The Next Decade   Nov 19, 2001 - FT World Media Abstracts via Comtex Empresa de Distribucion Electrica Metro-Oeste Chiriqui (Edemet-Edechi), the Panamanian subsidiary of Spanish electricity company Union Fenosa, has announced that it plans to invest some $90m (Pta16.56bn) in hydroelectric and wind energy projects over the next ten years.       Edf Still Considering Aneel Auctions   Nov 19, 2001 - South American Business Information EDF (Electricite de France), which controls the Rio de Janeiro energy company, Light, is still evaluating the profitability of the hydro projects to be auctioned by Aneel (Agencia Nacional de Energia Eletrica) at the end of November before deciding to compete in the auctions.       Ihi to Enter Electric Power Business   Nov 19, 2001 - Kyodo News Ishikawajima-Harima Heavy Industries Co. (IHI) is considering a plan to enter the business of generating and selling electricity, IHI President Mototsugu Ito told a press conference Monday.       Usina Cerradinho to Invest R$22.2mil   Nov 19, 2001 - South American Business Information The Brazilian develpment bank BNDES (Banco Nacional de Desenvolvimento Economico e Social) is to provide the resources for energy power co-generating program of Usina Cerradinho Acucar e Alcool based at Catanduva, countryside of Sao Paulo state.       Brazil : EDP to Review Investment   Nov 19, 2001 - South American Business Information EDP (Eletricidade de Portugal) is to review the investment program outlined to Brazil, due to the energy power rationing program adopted by the government.       Support blow to pylon line campaigners   Nov 19 - Northern Echo A LONG-RUNNING campaign against a controversial 50-mile line of pylons across the region has suffered a set- back.       Italcementi to seek partner for energy ops, to build 4,000 MW new capacity   Nov 19 - AFX Italcementi SpA said it is spinning off its energy operations into a new company, called Italgen SpA, and is seeking an Italian or foreign partner from the energy sector.       Government Plans to Contract Some Nepa Districts to Private Sector   Nov 19, 2001 - Africa News Service THE federal government has announced a revenue circle management programme where some districts under the National Electric Power Authority (NEPA) would be contracted out to the private sector.   [IMAGE]     Powered by Energy Central   ? 2001 CyberTech, Inc. All rights reserved.  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I have a 1:10 meeting so I can't attend your marketing meeting.  I thought it
might be a good idea to grab Lambie at noon and get him to attend your whole
meeting.  He might have some insights into Alliance among other things.

Lavo


Please find attached the Global Markets Monitor for the week ending 01 June
2001.

Thank you,
Maureen Raymond-Castaneda
and Gwyn Koepke


Matt, Don, and Doug,

As you all probably know by now, the Fall APDA Conference will be held in Watertown, South Dakota from September 20-23.   WAPA is hosting the conference this fall and they have created a website:  www.geocities.com/apdaconferences.

The website contains agenda information, reservation materials, contacts, etc.  Please review and pass on to anyone I may have missed.  Don...I wasn't sure who you would want from your group to go, so please feel free to forward to your guys (the majority of people who attend this conference are hourly/daily traders).

Let me know if you have any questions.

Terri


SK - I've taken care of booking him a conf room/office on 47.  mm

As an organisational announcement is imminent, and it is no secret, that I
will be assuming responsibility for Asia (including Japan), Africa, and
Australia, I am planning to fly to Houston on Sunday, 13 Feb., and would like
to meet each of you, either because you will become a direct report, or a new
customer.  I will have my assistant, Sharon, coordinate times.  I will look
forward to the prospect of meeting each of you.  Should your schedule not
allow a meeting this time, I will be back in Houston on Monday 13 March.  If
you know of anyone else I should meet, but have inadvertently omitted from
this list, please feel free to advise Sharon, as well.   thanks  mcs

Sharon - for many of these people I can go their offices, but see if Maureen
can find a space I can land for meetings, as some will not have offices.


My understanding is that Shell can put them back to Calpine.   Remember, the deal was an all-requirements supply deal for all of Shell's retail obligations in ERCOT which are now zero.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Wednesday, September 05, 2001 8:05 AM
To:	Presto, Kevin M.; Gilbert-smith, Doug
Subject:	Shell Exits Retail Markets in OH and TX

Kevin/Doug

I am sure you saw this article y-day.  Very intereting.  I think TXU is succesfully driving retail players away from ERCOT.  I wonder what will happen with all of those Calpine MW?


Carlos,

I am working with NorthWestern in a negotiation similar to the Panda or Delta
deal regarding the placement of a turbine.  NorthWestern has requested a
draft of what the amended LLC document will look like, in particular, what
rights and control will Enron have?  I would appreciate if you could send me
a draft that I can forward to NorthWestern to further our negotiations.  We
are working on an expedited schedule and would appreciate a quick response.
Please advise when the document will be ready.

Thanks

Chris


One further note:  Failure to timely file a conforming Form 10-Q violates SEC rules and regulations.  The revolver also contains a covenant requiring ENE to comply with laws, rules, regulations and orders to the extent noncompliance therewith would have a material adverse effect on ENE and its Subsidiaries taken as a whole.  Failure to so comply constitutes an Event of Default under the revolver if the failure continues for more than 30 days after ENE is given notice thereof by the Paying Agent.  Thus, even if ENE confidentially provided an unfiled Form 10-Q to the Banks to satisfy the financial reporting covenant, a failure to file might breach the legal compliance covenant.

Regards, NJD
 -----Original Message-----
From: 	Dobin, Nora
Sent:	Wednesday, November 07, 2001 10:58 AM
To:	Haedicke, Mark E.; Mintz, Jordan
Subject:	ENE Form 10-Q Accounting Matter --  Initial Report

I understand that AA may not provide the review of interim financial information that the SEC requires to be obtained in respect of Form 10-Q filings ( Article 10 of Regulation SX).  Jordan asked me to give an update in an hour about the impact of this on covenants in ENE credit and other instruments requiring delivery of ENE's 10Qs.

(1)	I have not yet been able to ascertain whether (i) the AA review or any statement in respect thereof is required to be filed with the SEC, or (ii) if not so required, ENE would file the 10-Q without having obtained the review.

(2)	ENE's 364-day corporate revolver (and most other ENE instruments containing the subject covenant) requires ENE to make available either on "EDGAR" or ENE's home page on World Wide Web, or otherwise make available to the Banks promptly after the filing or sending thereof, and in any event within 75 days after the end of each of the first three fiscal quarters, a copy of ENE's report on Form 10-Q.  If ENE does not file the 10-Q, it arguably could nevertheless send it to the banks as confidential information (to comply with Regulation FD) within the required time period and satisfy the covenant.  The revolver contains a confidentiality provision.
Failure to deliver the 10-Q constitutes an Event of Default under the revolver if the failure continues for more than 30 days after ENE has received notice thereof by the Paying Agent.

I will continue to pursue information from the accountants.

Regards, NJD

Nora J. Dobin
Senior Counsel
Enron Corp. - Global Finance
1400 Smith Street, Suite 2083
Houston, Texas 77002

Phone:  713/345-7723
Fax:      713/853-9252


I sent the draft strategy in yesterday's email to you.  Here is the final
version that we shared with Jeff.  I apologize for any confusion that this
caused.

Lisa

----- Forwarded by Lisa Yoho/NA/Enron on 04/11/2001 01:52 PM -----

	Lisa Yoho
	04/10/2001 03:11 PM

		 To: Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron
		 cc: Chris Long/Corp/Enron@ENRON
		 Subject: Enron's 201 Strategy

Rick and Steve -

Attached is Enron's government affairs strategy with respect to the potential
threat of "201" restrictions on steel imports.   This was developed with the
input of the DC office and outside counsel.  We will be meeting with Eric
Thode later this week to discuss the public relations piece.

Let me know if you have any questions, or if you would like background
information on section 201.

Lisa


Mark, I believe that the Maine companies  that have gone bankrupt are ours.


William Bowerfind
113 Enfield
Baltimore, MD 21212
bbowerfind@yahoo.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

William Bowerfind


Staci,  Attached is the amendment.  Please forward your revisions for my
review.  Thanks.


-----Original Message-----
From: 	Crenshaw, Shirley
Sent:	Wednesday, December 12, 2001 10:10 AM
To:	Adam Stevens (E-mail); Alex Huang (E-mail); Amitava Dhar (E-mail); Anguel Grigorov (E-mail); Anita DuPont (E-mail); Bob Lee (E-mail); Chonawee Supatgiat (E-mail); Christopher Pernoud (E-mail); Gwyn Koepke (E-mail); Heather A. Johnson (E-mail); Jaesoo Lew (E-mail); Jason Sokolov (E-mail); Jose Marquez (E-mail); Joseph Hrgovcic (E-mail); Karthik Rajan (E-mail); Kenneth Deng (E-mail); Kevin G Moore (E-mail); Lance Cunningham (E-mail); Leann Walton (E-mail); Martin Lin (E-mail); Maureen Raymond (E-mail); Mauricio Mora (E-mail); Mike A Roberts (E-mail); Mitra Mujica (E-mail); Nelson Neale (E-mail); Osman Sezgen (E-mail); Paulo Issler (E-mail); Pinnamaneni Krishnarao (E-mail); Pravas Sud (E-mail); Praveen Mellacheruvu (E-mail); Rabi De (E-mail); Rakesh Bharati (E-mail); Sandeep Kohli (E-mail); Sarah Wooddy (E-mail); Seksan Kiatsupaibul (E-mail); Sevil Yaman (E-mail); Shalesh Ganjoo (E-mail); Shane Green (E-mail); Shravan Chopra (E-mail); Sofya Tamarchenko (E-mail); Sriram Vasudevan (E-mail); Steve Bennett (E-mail); Tanya Tamarchenko (E-mail); Therese Candella (E-mail); Tom Barkley (E-mail); Vasant Shanbhogue (E-mail); Vince J Kaminski (E-mail); Wichai Narongwanich (E-mail); William Smith (E-mail); Zimin Lu (E-mail)
Subject:	FW: Research Group Teamwork

Hi guys!

This is for your information.

 -----Original Message-----
From: 	Kaminski, Vince J
Sent:	Wednesday, December 12, 2001 10:08 AM
To:	'Athomas80@aol.com@ENRON'
Cc:	'vkaminski@aol.com'; Crenshaw, Shirley
Subject:	RE: Research Group Teamwork

Ann,

I shall be glad to help you in any way I can. Please, give me a call
(713 853 3848) to set up a meeting.

I shall ask Shirley to distribute your message to the entire group
and ask for the volunteers who will be interested in discussing
their experience with you.

Vince

 -----Original Message-----
From: 	Athomas80@aol.com@ENRON
Sent:	Wednesday, December 12, 2001 9:53 AM
To:	Kaminski, Vince J
Subject:	Research Group Teamwork

Vince,
Over the past year and a half, I have been continually impressed with the richly diverse and highly collaborative working environment you created among members of the Research Group.  As you know, I pay attention to "people" issues in my work, and seldom have I observed such a successful and diverse team environment.
I believe that this experience is worth sharing with others and would like to write about it.  The purpose of the project would be to capture and share learnings related to the dynamics of the Research Group; larger Enron issues would not be included.  The writing would be based on interviews with you and perhaps ten others in the department.  Anything I write would be approved by those who are quoted, and the complete article would be reviewed and approved by you before being shared outside.  I do not expect to receive any financial support for the effort; I have some time now and enjoy doing the kind of effort I'm proposing.  I can show you a sample of similar, previously-published works I've done.
I realize that these days are already confusing and draining for you all.  On the other hand, this is a good time, perhaps the only time, to capture the wisdom that each of you has gained from this team experience.  If you have interest in my pursuing this idea, would you be available to talk with me further in the next couple of days?
Respectfully,
Ann Thomas  (Bob Lee's wife)


May there always be work for your hands to do,
  May your purse always hold a coin or two.
  May the sun always shine warm on your windowpane,
  May a rainbow be certain to follow each rain.
  May the hand of a friend always be near you, And may God fill your heart
with gladness to cheer you. -- Irish Blessing


Scott,

Now that Brad and Pete are gone, who do you want to do thier products that we had set them up on previously? Thanks.

Scott
3-6599
 -----Original Message-----
From: 	Keiser, Kam
Sent:	Monday, January 28, 2002 1:31 PM
To:	Love, Phillip M.; Winfree, O'Neal D.; Palmer, B. Scott; Giron, Darron C.
Subject:	EOL products

Now that we know which traders will be moving over, or we should, we need to make a second pass at the EOL product list.  Can you confirm with your desk heads that the list of names we have is correct, and then update the product mappings by tomorrow afternoon?

O:\erms\erms_adm\netco\controls\Trader-Book template (US Gas)_EOL new books.xls

Thanks

KK


We have established a new FT in CBS (CR 27698) to track capacity availability due to the Red Rockl Expansion.  We would like to execute the agreement in CBS so the volumes can be sent to CAS.

Please note this contract is for administrative purposes only and should not be invoiced and should not be included in any reporting.  If there are no concerns, I will activate this contract tomorrow morning (10/30/01).

Dennis P. Lee
ETS
Gas Logistics
(713) 853-1715
dennis.lee@enron.com


---------------------- Forwarded by Thomas A Martin/HOU/ECT on 03/29/2001 12:37 PM ---------------------------
From:	Jaime Williams@ENRON on 03/29/2001 07:48 AM
To:	tmartin@enron.com, John Hodge/Corp/Enron@ENRON, Agustin Perez
cc:	Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject:	Gas Supply proposal for EDF

Hello Tom, I hope bid week is over, and you can breathe now?I met PACE Global Energy yesterday to talk about the EDF RFP, and I think it looks much better now:

1.- Term: They are planning on having 3 interconnections into 3 different pipelines (Tetco, PG&E and Coral Mexico Pipeline), so they think the banks can get comfortable with less than 25 years of supply, because the 3 interconnections lowers their risk of not getting fuel supply in the future. They are asking now to a proposal of minimum 5 years, and upto 12 if we can make it. So they will be taking the risk of not having a fuel supply that matches de 25 year Power Purchase Agreement.

2.- The Points of Sale will be in the U.S. Mexico Border, so we will not have to get an export permit of any sort.

3.- Swing: This is going to be a base load plant, that will be dispatched around 90% on a yearly average.  However CFE has the right to take zero power at their full discretion, so Edf does not wsant to take the risk of not being dispatched and not being able to swing down to zero during the 25 years of the gas supply.  However, the plant will most certainly displace other less efficient plants in the first 10 years, so that such risk is much lower. In our proposal we can include either zero swing or which ever we feel we are the most competitive. They will evaluate whether such risk could be taken by them.

4.- Modifying Swing every 2 years.  They believe that in the long run (25 years), the dispatching rules or conditions of the plant could change. So they want to have the option to review the swing every 2 years. Can we price this optionality ? Is there a re-purchase of such optionality in the market ?

5.- Resale formula. They need us to include a daily re-sale fomula for the gas not taken.

6.- Other Provisions: We need to review the other provisions in the RFP and tell them which ones can we comply with and which ones we don't.

I am faxing you the entire RFP, together with the latest letter we received from them. Please give me a call whenevr you have a chance.

Best regards.


FYI
---------------------- Forwarded by Mary Hain/HOU/ECT on 11/07/2000 04:25 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Jackie Gallagher" <JGallagher@epsa.org>
11/07/2000 02:50 PM

To: <bhawkin@enron.com>, <bmerola@enron.com>, <christi.l.nicolay@enron.com>,
<janelle.scheuer@enron.com>, <jeff_brown@enron.com>, <jhartso@enron.com>,
<Mary.Hain@enron.com>, <sarah.novosel@enron.com>, <tom.hoatson@enron.com>
cc:
Subject: FERC Notice of Public Conference in San Diego

Attached is a notice from FERC on a public conference in San Diego on
November 14th regarding the Commission's proposed remedies for California.
The conference is being held primarily to accord an opportunity to the
citizens of San Diego, and others who are unable to attend the Nov. 9th
meeting.
The notice is also available on FERC's website, at www.ferc.fed.us.

Jacqueline Gallagher
Research/Policy Assistant
Electric Power Supply Association
1401 H Street, NW
Suite 760
Washington, DC  20005
202.789.7200
202.789.7201
jgallagher@epsa.org

 - 11-14.pdf


-----Original Message-----
From: 	Hanagriff, Richard
Sent:	Wednesday, February 27, 2002 12:39 PM
To:	Schoolcraft, Darrell; McConnell, Mark; Lindberg, Lorraine; Lokay, Michelle; Y'barbo, Paul; Watson, Kimberly; Mulligan, Amy; Giambrone, Laura; McEvoy, Christine; Minter, Tracy
Subject:	Tw imbal summary


Would you read that to mean the authority to buy power "as agent for" the
Cities?  Seems not entirely clear but not entirely out of the question.

Kay


I am writing to second all the requests you've probably hearing for money
contributions for Turkey's recovery efforts.  Turkey has a population of
some 65 million, up from only some 14 million at its birth in 1923.  The per
capita income is just over $3,000 a year, close to Mexico's.  The areas hit
so hard by the recent earthquake have experienced growth rates in the last
few decades that probably have few precedents in human history.  Istanbul,
for example, has grown from some 1 to 1.5 million people 30 years ago to
what some estimate to be a population of between 12 to 15 million today!
Most of these folks are from or are descendants of poor families who moved
from the countryside to the industrial cities looking for a better life.
The demand they created for housing, obviously, contributed to some of the
corner cutting that has exacerbated so badly the recent disaster.

I am sure you have access to trustworthy organizations through which to
distribute your contributions, but in case you don't why not try the
American Red Cross,  P.O. Box 37243, Washington DC 20013; 1 (800) helpnow;
www.redcross.org.

Thanks,

Mark-O

______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


Thanks for the quick reply.  I live within inside the loop on Buffalo
Speedway near 59.  I think lunch next week sometime would be great.  I can
come up to the Woodlands and we can meet up for lunch.  Let me check to see
what day is best and I will send you an e-mail later today to confirm.  Hope
that works and I'll talk to you soon.
Ben


Louise,

I think that Shelley Corman would be best suited to run the sub-committee during your maternity leave.  I think that I am perceived as too commercial focused (with emphasis on the Associate/Analyst program) and in addition, her representation of ET & S would balance the leadership of the other sub-committees.

Besides, I think you know I will be active participant regardless of my assigned role.

Regards, Jean
 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Wednesday, May 02, 2001 12:28 PM
To:	Mrha, Jean
Subject:	Culture Committee Next Steps

Do you want to pick up running the Management one?
---------------------- Forwarded by Louise Kitchen/HOU/ECT on 05/02/2001 12:27 PM ---------------------------

Cindy Olson@ENRON
05/02/2001 11:37 AM
Sent by:	Kathy McMahon@ENRON
To:	Danny McCarty/ET&S/Enron@Enron, Gene Humphrey/HOU/ECT, Gregory Adams/Corp/Enron, Janet R Dietrich/HOU/EES@EES, Jean Mrha/NA/Enron, Jeff Donahue/HOU/ECT@Enron Communications, Jeffrey A Shankman/HOU/ECT, Louise Kitchen/HOU/ECT@ECT, Mark Palmer/Corp/Enron@ENRON, Michael Kopper/HOU/ECT@ECT, Michael Terraso/OTS/Enron@ENRON, Mitchell Taylor/Corp/Enron, Paula Rieker/Corp/Enron, Richard Lewis/LON/ECT@ECT, Robert Jones/Corp/Enron, Sean Long/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shelley Corman/ET&S/Enron, Jordan Mintz/HOU/ECT, Tim O'Rourke/Enron@enronxgate, Kelly Kimberly/Enron Communications@Enron Communications, Elizabeth Tilney/HOU/EES@EES, Kirk McDaniel/HOU/EES@EES
cc:	Ricki Winters/ET&S/Enron, Kay Chapman/HOU/EES@EES, Joyce Dorsey/Enron Communications@Enron Communications, Bert Frazier/HOU/ECT, Lisa Costello/NA/Enron, Tammie Schoppe/HOU/ECT@ECT, Inez Dauterive/HOU/ECT@ECT, Felicia Legier/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Julie Armstrong/Corp/Enron@ENRON, Melissa Jones/NA/Enron, Cindy Derecskey/Corp/Enron@Enron, Laura Valencia/Corp/Enron, Jennifer Burns/HOU/ECT, Rosario Boling/Corp/Enron, Laura Glenn/OTS/Enron@ENRON, Stacy Walker/Enron Communications@Enron Communications, Darlene C Forsyth/HOU/ECT, Elisa Tamez/NA/Enron, Ruth Ann Brown/HOU/EES@EES, Tracie McCormack/LON/ECT@ECT, Blanca Bollom/NA/Enron@Enron

Subject:	Culture Committee Next Steps

Please see the attached memo.

 << File: Culture Committee memo_May 2 2001.doc >>

Thanks, and see you on Monday, May 14, at 2:00 in EB32c2.

Cindy

<Embedded Picture (Device Independent Bitmap)>


----- Forwarded by Gerald Nemec/HOU/ECT on 09/01/2000 01:13 PM -----

	Gerald Nemec
	09/01/2000 11:07 AM

		 To: rstribling@tristategt.orgj, bates@tristategt.org, kgreen@tristategt.org
		 cc: Mark Courtney, Susan Scott/ET&S/Enron@ENRON
		 Subject: Confidentiality Agreement

Attached is a clean and redlined version of the Confidentiality Agreement
with our revisions.


SIVY ON STOCKS from money.com
May 7, 2001

Higher Flyer

Top techs such as Nokia may not look cheap by traditional valuation
measures. But they may still be good buys.

By Michael Sivy

Value is a relative term. Every once in a while, you get a chance to buy
shares in a company with annual earnings growth of more than 20 percent at
a price/earnings ratio of 16 or less. But that doesn't happen very often.
Most of the time, conservative investors are lucky to find 14 percent
growth at a 16 P/E. Slightly more aggressive investors might be happy with
18 percent growers at P/Es in the low 20s. The most successful growth
stocks, however, may never fall all the way down to those cheap valuations.
But that doesn't mean you shouldn't buy them.

In fact, there are good reasons to devote at least a part of your portfolio
to those kinds of high flyers. For one thing, those companies are typically
among the world's most successful. In addition, they receive ongoing
support and sponsorship from Wall Street analysts. As long as they continue
to meet expectations, they will hold up fairly well in temporary market
downturns. And they will be among the first stocks to bounce back.

A perfect case in point looks to be Nokia [NOK]. The Finnish giant is the
most successful firm in one of the world's most rapidly growing industries.
And since 1997, Nokia's share of the global wireless-phone handset market
has risen from less than 20 percent to 35 percent, helping the company
nearly double earnings per share since 1998.

Of course, no company can increase its market share indefinitely, but there
are several factors that should help sustain Nokia's superior profit
growth. Since most everyone who would use a cell phone already has one, the
bulk of the sales of cell phones using existing technology is replacement
business. And when existing users switch phones, they tend to maintain
brand loyalty -- if they change providers at all, they migrate toward the
strongest one (say from Ericsson to Nokia, but not the other way around).
As a result, Nokia could gain another couple of market share points in
current-technology handsets.

Even more important, the company is capable of attaining a market share
topping 40 percent in the next generation of handsets -- both those that
use more sophisticated technology for voice transmission and those that
will provide paging, instant messaging, and Internet access. Overall, the
handset market is projected to grow at an annual compound rate of just
under 23 percent over the next four years. And with market share gains,
Nokia's sales should do even better.

In the past few quarters, the over-capacity problems that have plagued the
telecom industry have been hurting handset makers as well as service
providers. Not only has growth slowed -- total sales of cell phones were up
only 12 percent in the first quarter -- but the introduction of new
technology is being delayed. As a result, Nokia's earnings, up just 15
percent in the first quarter, will likely fall short of a 20 percent gain
for the year as a whole.

Once the current slump passes, however, Nokia's growth should recover to
nearly 25 percent a year. And so, despite a P/E of 40 based on estimated
earnings for the current year, the stock seems quite attractive. At $33,
Nokia is trading at just over half the level it was a year ago. And the
share price, which dipped as low as $21 a month ago, now appears to be in
an upswing. Even if the next couple of quarters show subpar results, Nokia
figures to be back among the market's brightest stars within 12 months.

###

Post your comments on Michael's column at:
http://www.money.com/depts/investing/sivy/index.html

To subscribe or unsubscribe to Sivy on Stocks, go to:
http://www.money.com/email/

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We may, from time to time, contact you with offers for Time Inc.
products and services which we think may be of interest to you.
If you would prefer us not to contact you in this manner, AND
YOU DID NOT INDICATE THIS PREFERENCE AT THE TIME YOU SIGNED UP
for the Sivy on Stocks online newsletter or any other Time Inc.
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Additionally, from time to time we may provide your e-mail
address to carefully chosen companies whose offers we think may
be of interest to you.  If you would prefer us not use your
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THIS PREFERENCE AT THE TIME YOU SIGNED UP for the Sivy on Stocks online
newsletter or any other Time Inc. online newsletter, please let
us know by e-mailing us at <no_transfer@money.com>.


---------------------- Forwarded by Don Miller/HOU/ECT on 10/28/2000 02:20 PM
---------------------------

"Daigh, John" <JDaigh@utilicorp.com> on 10/27/2000 03:22:49 PM
To: "'Don.Miller@enron.com'" <Don.Miller@enron.com>
cc:
Subject: Wheatland

Don, a couple of questions.

1) Are the warranties assignable? Any "change of control" issues?

2) Can I get a copy of the completed real estate purchase contracts and
details on pending real estate deals

Also, I have attached an "Outlook" business card for your reference.

Thanks

John

 <<John Daigh.vcf>>

 - John Daigh.vcf


Attached are the re-start plans for the gas fundamentals group.  I have also attached the IT transition plan provided by David Dronet.

Let me know if you have any questions.

Chris


For your information, here is my new info.

13848 S.W. 159th Ter.
Tigard, Or 97223

(503) 590-3365	hm.

Thanks,

Stacy Runswick
Enron North America
(877) 464-7779 ph
(503) 464-3740 fx
stacy.runswick@enron.com


Here is the list for you to keep:

Duke   John Thomas  (713) 260-8569
Utilicorp Mark Gurley  (816) 527-1758
El Paso  Bo Collins  (713) 420-3466
Southern Gary Morshes  (678) 579-5323
Dynegy  Matt Schatzman  (713) 509-6438

Fletch


Dan,

As a follow up to my voice mail, we have the following comments to the
above-referenced Agreements:

Provider Agreement - notices - Please add the following:  Notice of any
default shall also be sent to Enron Corp., 1400 Smith Street, Houston, Texas
77002, Attn: Executive Vice president and General Counsel.

General Terms and Conditions
1.  Section 1 - Third sentence - Please add "and written notice to Provider
as set forth in the Provider Agreement" after the word "System".

2. Section 3 - Third Sentence - Please add " during the term of this
Agreement" after the word "time".

3. Section 5 - Sixth Sentence - Please substitute "the accepting party" in
lieu of the word "User".

4. Section 5 - Seventh Sentence - Please substitute "EnergyGateway shall
cause the System to" in lieu of the phrase "The System shall".

5. Section 8 - Please delete the word "grossly" and the last phrase ", User
or a third party".

6. Section 9 - Please revise the third sentence to read "Transaction fees
will be based on the total volume set forth in an accepted transaction and
will be invoiced by EnergyGateway in full following the transaction
confirmation."

7. Section 16 - Please add the word "written" before the word "consent".

8. Section 23 - Please make this provision mutual and delete the last half of
the section beginning with "RESULTING FROM .........".

9. Section 24 - Please change Ohio to New York and delete the second
sentence.  We prefer arbitration.  Please let me know if you would agree to
look at our standard arbitration provision.  In the fourth sentence, please
change "EnergyGateway's" to "Either party's".

10.  please provide me with a copy of the privacy policy.  I was unable to
locate it on your website.

Should you have any comments or questions, please call me at 713-853-9720.
Your attention to this matter is greatly appreciated.

Jason Peters


Hi Sara, the following three people will need access to the financial
database we were discussing:

Melissa Murphy
Kim Theriot
Rhonda Denton

Thank you,
Melissa


Tell me if you are in on the draft at 10:30.  To draft you need to go to the
website and click on draft - go to the draft room.
---------------------- Forwarded by Eric Bass/HOU/ECT on 10/31/2000 08:23 AM
---------------------------

	Enron North America Corp.

	From:  Eric Bass                           10/31/2000 08:21 AM

To: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT,
Michael Walters/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Fantast Basketball DRAFT TODAY @ 10:30

Just as clarification - we start 6 players and have weekly scoring in haed to
head matchups.  You can chage your lineup before each day's worth of action.
Your sixth man can be any position.  The draft order will be determind at
10:30.
---------------------- Forwarded by Eric Bass/HOU/ECT on 10/31/2000 08:19 AM
---------------------------

	Enron North America Corp.

	From:  Eric Bass                           10/31/2000 08:01 AM

To: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT,
Michael Walters/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Fantast Basketball DRAFT TODAY @ 10:30

Since the NBA season begins tonight, we need to have the fantasy basketball
draft today @ 10:30 AM. Tell me if this is ok.  If you do not remember the
rules, go to the link below and scroll down to the bottom of the page to the
rules link.

The Academy will roll once again!

And by the way plove, it is last day for everyone.  You can take 1 minute out
of every half hour today to make a pick.  Everyone else has agreed.  Besides
it won't be as much fun without my whipping boy again.

basketball.commissioner.com/efba

I never heard anything back from Walker's Westies so The Rounders are taking
his spot.

-Eric


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This year, more than ever, it is important to reflect on the blessings we
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Roman,

Drinks after work would be better. I am flying back from Ca on Tue morning.
Please, call me at 713 853 3848 or 713 410 5396 (cell)
in the afternoon.

Vince

Roman Kosecki <rkosecki@mieco.com> on 10/12/2000 12:21:50 PM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject:

Hi Vince
   I will be in Houston for a few days next week ( like mon-wed). If you are
back from your European trips maybe we can "do" lunch ?
   Roman


the offer is 4.275

 -----Original Message-----
From: 	Weldon, V. Charles
Sent:	Thursday, May 24, 2001 3:12 PM
To:	Quigley, Dutch
Subject:	EEX Unwind Quote

Dutch,

Here's the quote sheet starting in August.

Thanks,

Charlie

 << File: Quote Sheet 5-24-01.xls >>


bringing coffee and stove top expresso maker.

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	03/23/2001 10:11 AM

		 To: "'Jeff Dasovich'" <Jeff_Dasovich@enron.com>, "Prentice @ Berkeley"
<PSellers@haas.berkeley.edu>, Prentice Sellers <PSellers@pacbell.net>
		 cc:
		 Subject: Are you bringing coffee?  I have filters

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Still a work in progress . . .

 -----Original Message-----
From: 	Shults, Bob
Sent:	Wednesday, January 30, 2002 2:59 PM
To:	Forster, David
Cc:	Jafry, Rahil; Carter, Carl; Denny, Jennifer; Diamond, Daniel; Mandola, Teresa; Engel, Tom
Subject:	Draft simulation outline

Here is some preliminary info on a simulation to be held next week.  We will be coordinating with each of you on the logistics as soon as we have them finalized.

Bob Shults
EnronOnline LLC
Houston, Texas 77002-7361
713 853-0397
713 825-6372 cell
713 646-2126 fax
713 467-6174 home
bob.shults@enron.com
rshults@houston.rr.com


Attached is the resume and interview schedule for Amy Kim's visit to Enron on
Tuesday, April 3.

Amy worked at Enron last summer.  She is a very bright young woman. We are
looking for a possible fit for her in the Govt. Affairs organization.  Thanks
for spending some time with Amy while she's in town.

INTERVIEW SCHEDULE
AMY KIM
Tuesday, April 3, 2001

          ROOM

8:30 am) 9:30 am  Steve Kean     EB 4799

9:30 am )10:00 am  Jim Steffes     EB 4799

11:30 am ) 1:00 pm  Lunch w/ Sue Nord

1:00 pm ) 1:30 pm  Rob Bradley     EB 4799

1:30 pm ) 2:00 pm  Christi Nicolay     EB 3801

2:00 pm ) 2:30 pm  Harry Kingerski    EB 4799

2:30 pm   Beal's car to airport


TVA and Entergy filed answers to the numerous protests to Entergy's source
and sink filing.

TVA responded specifically to Enron and VEPCO's filings basically stating
that the NERC letter was limited to the TVA/Enron dispute and inapplicable to
the Entergy issue.  TVA also made accusations that Enron in effect secretly
talked with NERC to get a task force made up of members "predisposed to
Enron's point of view."  TVA said that the task force ignored TVA's requests
to meet with it and that the task force went beyond current NERC policy.
Finally, TVA understands that "Enron has prevented SERC" from bringing the
matter to NERC ADR.

Entergy's answer largely cites past FERC orders that approved the source and
sink on tags (and denied Enron's Capacity Reservation Tariff) and basically
states that the protests are a collateral attack on Order No. 888 (as we have
known, the OATT does require ultimate source and sink on firm and allows them
on non-firm).  Entergy's filing, however, is lacking in substantive reasons
why reliability would be so much better served by requiring this at the
reservation level, when NERC has stated it is not necessary for reliability
until the 20/30 minute ahead tag.  Entergy says it can do a better job of
listing actual ATCs and will prevent Entergy from overselling its system
(although since Entergy's ATCs are usually low or 0 coming in over the ties,
I question how many times Entergy has oversold Firm transmission.)  Entergy
also states that it and the Security Coordinators can police the IDC tags, in
case the marketer puts the wrong priority information on the tag (how often
does this happen?).  [[I also don't know how Entergy is going to have time to
check all this, when we called FERC hotline on them last year for lack of
timely responses to reservation and tags]].  Although the IDC does not even
analyze specific bus bars (and generator source and sink are optional on the
tags now), Entergy says this is "irrelevant", but TLRs will be improved.

Entergy cites FERC's 1998 OASIS orders that "EPSA has not made a compelling
argument that disclosure would harm liquidity."  I think that the compelling
arguments are being made now about the discrimination.  Although FERC
approved the source and sink, transmission providers have not been using them
and the tags don't require them.

Entergy notes that when FERC issued the OASIS order, specific bus bar
information was required on the tag -- now it is optional on the tag.  Even
so, Entergy states that requiring it on the reservation does not make it
inconsistent with the tag.  (I disagree.)

Finally, Entergy says that we can always put in "anticipated" source and
sink, but if it changes, our priority may change.  It is my understanding
that even the smallest change in source and sink will make some change in the
power flows, so you effectively would always go to the lowest priority.

We are considering filing a response that states the lack of evidence on the
reliability issues when NERC doesn't think this is required is a material
issue of fact that should be set for hearing, at least.


However, I'm sure your french is 3000 times better than mine.  I'm planning a
trip to paris at end of jan beg. of feb, by the way.  It really is the best
city in the world to visit

	Enron Capital & Trade Resources Corp. - Europe

	From:  Pierre Aury                           01/10/2001 08:34 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re: lng shipping

i am sure your english will be about 2000 times better than mine so please
feel free to package the thing the way you think is best (perhaps a nice and
impressive 3 or 4 lines paragraph on egm could be a good intro?)  and just
copy me with what you have sent . give us your dates in london and let us
know if there is anything you want to discuss in details .

pierre

To: Pierre Aury/LON/ECT@ECT
cc:

Subject: Re: lng shipping

Be happy to.  I may take the liberty of a little word-smithing if you don't
mind.  (and will show it to you before i send it) I should be over within the
next 4 weeks.
Regards.
Jeff

	Enron Capital & Trade Resources Corp. - Europe

	From:  Pierre Aury                           01/10/2001 03:18 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Mike McConnell/HOU/ECT@ECT, Brad Hitch/EU/Enron@Enron, Eric
Gonzales/LON/ECT@ECT, Stuart Staley/LON/ECT@ECT, George McClellan/HOU/ECT@ECT
Subject: lng shipping

jeff
long time no talk on lng shipping matters. during the xmas/new year period we
discussed a lot with brad and have come up with some clear ideas on how to
proceed to drive quickly a market change in the field of lng shipping. the
best bet at this stage looks like mosk the big japanese shipping co . they
control directly or indirectly 40 lng vessels. the lng shipping market is so
inefficient that about 20 pct of that fleet is either iddle or under
utilized. the idea is to team up with mosk to have access to their idle fleet
at marginal cost plus small margin. this would enable us to ask them to give
us a ship every time we can develop a spot lng cargo : no capital outlay, no
take or pay obligation, win /win situ as mosk would then make money (that s
their incentive) out of an iddle fleet and we would then gain access to ships
enabling us to make money on lng spot cargoes without entering long term
comitment on the shipping front .

mosk being japanese , in order to jump start the entire thing we need a fax
to be sent from high level in enron to high level in mosk prior brad and
myself go and meet these guys in tokyo to discuss the idea in more details
(at lower level in mosk the idea is known and accepted/tentative date already
set last days of jan/early feb for the first meeting) . would you mind to
send such a fax along the lines i propose herebelow asap  ?

thanks in advance . any questions please feel free

pierre

quote
to

Mr Iwata , Executive Officer, LNG Division , MOSK
cc Mr Hashimoto , Manager, Project Development team, LNG Division, MOSK
both on fax number (81) 3 35 87 77 48
Mr Amine Hakim, MOSK London
on fax number (44) 870 130 97 37

 Dear Sir

Enron, through its newly formed Enron Global Market business unit, is
targeting the LNG commodity and shipping markets as being key markets for the
coming years mainly on account of their growth potential but as well because
these markets are  ripe for a change in their very nature.

MOSK , because of the sheer size of its LNG shipping fleet and Enron, because
of its proven ability to make markets change, are uniquely positioned to team
up and drive these changes rather than react to them.

Enron would like to explore with MOSK if and how both companies could
cooperate in the lng field to achieve this.

Brad Hitch on the commodity front and Pierre Aury on the shipping front will
be leading this efforts on the Enron side and you can expect to have them
contacting you very shortly to start these discussions.

Yours faithfully

signed
Jeffrey A Shankman         or         Mike McConnell
tittle (in big letters please ...)


See attached

From: Karen Denne/ENRON@enronXgate on 07/12/2001 08:33 PM

To: Jim Fallon/Enron Communications@Enron Communications, Ken Rice/Enron
Communications@Enron Communications

cc: Mark Palmer/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Kelly
Kimberly/Enron Communications@Enron Communications

Subject: EBS Article for eBiz

Jim and Ken --

Attached is an article for eBiz (our biweekly online newsletter), which we
are scheduled to launch at 7:30 a.m. Friday.  Kelly Kimberly has reviewed it,
but has asked that you view the article as well.  Since only EBS employees
received your memo about the restructuring -- and the rest of the employees
did not receive any communication -- it is extremely important to provide
information through this vehicle.

Please let me know of your approval or if you have any questions.

Thank you.
Karen
x39757


Right now it looks like we can run station 9, station 7, station 6 or station 5.  We will just have to see what we have scheduled for the day.  This
will allow us to set our HP accordingly.  Unless I'm missing something Station 8 should not be needed.  However I will check with OPS team
to reverify volumes.

DS

James Moore
05/24/2001 09:22 AM
To:	Darrell Schoolcraft/ET&S/Enron@ENRON
cc:	Max Brown/ENRON@enronXgate, Earl Chanley/ET&S/Enron@ENRON, James Moore/ET&S/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Perry Frazier/ET&S/Enron@ENRON, Jerry Graves/ET&S/Enron@ENRON, David L Johnson/ENRON@enronXgate, Rick Craig/ENRON@enronXgate, Randy Rice/ENRON@enronXgate, Rick Smith/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Greg McIlwain/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike McCracken/ET&S/Enron@ENRON

Subject:	Re: Concern - Possible Change In Smartpigging Dates

So,

We don't need Station 8 and we can still stay with the schedule to run the smart pigs when 8 is down in September?

Darrell Schoolcraft
05/24/2001 09:17 AM
To:	Arnie Bailey/ET&S/Enron@ENRON
cc:	Max Brown/ENRON@enronXgate, Earl Chanley/ET&S/Enron@ENRON, James Moore/ET&S/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Perry Frazier/ET&S/Enron@ENRON, Jerry Graves/ET&S/Enron@ENRON, David L Johnson/ENRON@enronXgate, Rick Craig/ENRON@enronXgate, Randy Rice/ENRON@enronXgate, Rick Smith/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON

Subject:	Re: Concern - Possible Change In Smartpigging Dates

You are correct looking at the models Ken  Chow ran before he left was between 175 to 225  this will allow the pig to move
approx. between 5 to 6 miles an hour.

DS

	  From:  Arnie Bailey                           05/24/2001 08:56 AM

To:	Darrell Schoolcraft/ET&S/Enron@Enron
cc:	Max Brown/ENRON@enronXgate, Earl Chanley/ET&S/Enron@ENRON, James Moore/ET&S/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Perry Frazier/ET&S/Enron@ENRON, Jerry Graves/ET&S/Enron@ENRON, David L Johnson/ENRON@enronXgate, Rick Craig/ENRON@enronXgate, Randy Rice/ENRON@enronXgate, Rick Smith/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON

Subject:	Re: Concern - Possible Change In Smartpigging Dates

Darrell,
At Gallup last year it took about 250 mmcfd to run the pig 6 miles per hour.  If my memory is bad someone let me know.  If we can move that amount with 7 & 9 easily then there should be no problem.
Thanks,  Arnie

Darrell Schoolcraft
05/24/2001 05:57 AM
To:	Max Brown/ENRON@enronXgate
cc:	Earl Chanley/ET&S/Enron@ENRON, James Moore/ET&S/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Perry Frazier/ET&S/Enron@ENRON, Jerry Graves/ET&S/Enron@ENRON, David L Johnson/ENRON@enronXgate, Rick Craig/ENRON@enronXgate, Randy Rice/ENRON@enronXgate, Arnie Bailey/ET&S/Enron@ENRON, Rick Smith/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON

Subject:	Re: Concern - Possible Change In Smartpigging Dates

Is there a reason we think we will need to run station 8.  I think with the volumes we will have to move to insure 6 miles and hour for the smart pig
will be approx. 100 to 200 m2.  If my thinking is wrong please let me know.

DS

From:	Max Brown/ENRON@enronXgate on 05/23/2001 09:13 AM
To:	Earl Chanley/ET&S/Enron@ENRON, James Moore/ET&S/Enron@ENRON
cc:	Rich Jolly/ET&S/Enron@ENRON, Darrell Schoolcraft/ET&S/Enron@ENRON, Perry Frazier/ET&S/Enron@ENRON, Jerry Graves/ET&S/Enron@ENRON, David L Johnson/ENRON@enronXgate, Rick Craig/ENRON@enronXgate, Randy Rice/ENRON@enronXgate, Arnie Bailey/ET&S/Enron@ENRON, Rick Smith/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON

Subject:	Concern - Possible Change In Smartpigging Dates

This is to advise that if we are now actively looking at rescheduling the smartpigging dates that was previously agreed upon at our Albuquerque mtg on April 11th, we need to know ASAP.  We do not have alot of flexibility in juggling schedules based on smartpig tool availability, but we can sure check and see what shakes out.

Plz let me know at the earliest possible date what the plans are here.

Thanks - Max

(Comments extracted from Engineering and Construction Weekly by Arnie Bailey)
TW - Station 6-7 & Station 7-8 Smart Pigging - C.014524/C.014527
Project will conflict with Station 8 Automation Project if conducted in September or later.  Actively chasing TD Williams and PII for their cost estimates.  Must review costs to determine if dollars are sufficient.  Project should try to be a done in August or sooner if at all possible.
Contact:  Earl Chanley, Houston, (713) 345-6816/ James Moore, Houston,(713) 345-6815

<Embedded StdOleLink>
<Embedded StdOleLink>
<Embedded StdOleLink>
<Embedded StdOleLink>


_______________________________________________________________

This message and any attachments are intended for the individual or entity
named above.  If you are not the intended recipient, please do not read,
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These are my comments re the draft Petition forwarded by Peoples on Friday:
(1) The Petition describes PERC in paragraph and refers to PERC in par. 3.
PERC, however, is not a party to the Master Agreement, and the Petition
does not discuss request any relief with respect to PERC. I don't see why
there is a need to reference PERC. (2) It is my understanding that, under
the Master Agreement, there will be two types of transactions: (a) simple
buy/sells at a clear market price; and (b) complex transactions with
sharing arrangements, management fees and similar structures. As we have
discussed, the first type of transaction, simple buy/sells at a market
price fall under an exemption to Section 7-101's approval requirement (220
ILCS 5/7-101(4)). These types of transactions do  not require ICC approval
and MEH/Peoples are free to engage in such transaction now. I would suggest
that the Petition point this out, particularly if (as I suspect is the
case) MEH and Peoples are now conducting such transactions or may wish to
do so before the ICC acts on the Master Agreement. Because the Master
Agreement covers certain transaction which need approval and other which do
not, I would suggest that the Petition make this clear and request approval
only "to the extent required". (This was the language used by NIGAS in
seeking approval of a buy/sell agreement in Docket 95-0302.) (3) With
respect to the transactions which do require approval (the complex ones
with sharing arrangements, management fees and similar structures), the
draft Petition doesn't say much. It says (Par. 5) that transactions under
the Agreement will optimize the use of the gas supply and capacity assets
of Peoples and MEH; (Par. 9) that Peoples has similar master contracts with
non-affiliated entities; (par. 10) that the agreement will not interfere
with Peoples' operations; and (par. 10) that the Agreement is in the best
interest of Peoples and its customers. All of these statements are fine to
include, but the ICC is likely to want to know more about why the agreement
is in the public interest. Perhaps a sentence or two could explain how the
Agreement will optimize Peoples' use of its gas supply and capacity assets
(e.g., by using capacity which otherwise would be idle) and how this will
benefit Peoples' Illinois ratepayers (e.g., a credit to PGA gas costs).
Also, Peoples is asking that the ICC pre-approve an arrangement under which
the "details" of individual transactions will be filled in later. As I
understand it, the "details" will include such things as the level of
management fees and other compensation terms. To facilitate approval, it
would be best to have some sort of guideline to suggest to the ICC, i.e., a
management fee within a certain amount or percentage of a specified index
level. If there is an industry standard approach that could be referenced,
that may be of use. The Petition suggests that there are other Agreements
of this type with non-affiliates. Perhaps reference could be made to
pricing provisions under one or more of those agreements. If it is not
possible to be any more specific, I am concerned that the ICC may want to
wait and review individual transaction rather than giving blanket approval
without knowing more. (4) The ICC approval process can take 4-5 months
(sometimes more) to complete. The required approval time, however, can be
cut down significantly when the apprval filing includes a Peition and
supporting testimony that lays out all the information needed to conclude
that a proposed arrangement is in the public interest (the interest of
Illinois ratepayers). The Petition itself need not include all the details
(it need only lay out the case ingeneral terms). A filing package which,
with accompanying testimony, tells the full story will expedite the
approval process.


Looks good

	Elizabeth Peters@EES
	11/06/2000 08:27 PM

		 To: Mark Palmer/Corp/Enron@ENRON, Cedric Burgher/Corp/Enron@ENRON, Mark
Koenig/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Steven J
Kean/NA/Enron@Enron
		 cc: Elizabeth Tilney/HOU/EES@EES
		 Subject: Press release

Peggy asked me to forward the draft of a news release.  We would like to fax
it to three newspapers in New York/New Jersey and are scheduled to release on
Wednesday at 8:00 am.  Let her know if there are any comments, x57034.
Thanks.
Beth Peters


This message contains the text of Sidney Weintraub's November issue of Issues
in International Political Economy entitled "Critical Aspects of the Global
Economy." To go directly to the web version, please click on:

http://www.csis.org/americas/pubs/weintraubnewsletters112000.html

For further information, contact:
Rebecca Tunstall
202-775-3123
rtunstall@csis.org

ISSUES IN INTERNATIONAL POLITICAL ECONOMY
November 2000, Number 11

CRITICAL ASPECTS OF THE GLOBAL ECONOMY
Sidney Weintraub

When the word "globalization" is uttered, it evokes two contradictory
visceral reactions: it is either the essential element of recent U.S.
competitiveness; or it is inherently evil because the global spread of
multinational corporations enriches the wealthy and economically powerful at
the expense of the vast multitude of workers. In what follows, I will avoid
both attacks and praise, and instead focus on key features of international
trade and investment that characterize what is taking place in much of the
world.

A country, if its dictatorial leader so insists, can set its own prohibitive
tariff and import structure and reject foreign investment. North Korea and
Vietnam, both nondemocratic, did this for many years, despite the horrible
cost this policy imposed on national welfare. This isolation is breaking down
in these two countries, even as it did earlier in China after the death of
Mao, and for much the same reason. Eternal poverty is not a good formula for
regime continuity.

Guarding economic sovereignty did not take the same absolutist form in most
other countries, but a profound transformation is taking place in them as
well. Import barriers are coming down and attacks against foreign investment
are being transmuted into searches to attract foreign investment. Mexico,
before its debt collapse in 1982, favored external borrowing over investment
to obtain foreign exchange, but learned to its dismay that this practice
contained its own risks when the debt could not be serviced. The philosophic
base of development then changed and foreign investment was actively sought
as an essential requirement for Mexico to augment its exports. This outlook
was the premise of NAFTA. Hugo Ch?vez, the president of Venezuela, rails
against primitive neoliberalism (neoliberalismo salvaje), but nevertheless
has kept the country's import tariffs relatively low, even as he makes a
great effort to obtain foreign direct investment to develop his country's
telecommunications and natural gas activities. Ch?vez, so far, has shown a
tendency to talk like a Marxist, much like Fidel Castro, his romantic icon,
but then act like a capitalist.

For many of the world's poorest countries, the primordial problem is not the
spread of multinational corporations, but their inability to participate in
the process. This is especially true in sub-Saharan Africa. Their poverty,
small internal markets, and accompanying political instability make them poor
destinations for foreign investment, other than to exploit minerals for
export. This does not lead to substantial job creation.

Both foreign direct investment and international trade are growing more
rapidly than world economic growth. This is a clear manifestation that the
"foreign" aspect of the world economy is becoming increasingly important. If
one looks back only 20 years, when the dominant economic model in Latin
America was to develop behind high import barriers and to downplay the
importance of exports, it is startling how much development thinking has
changed in that part of the world. East Asia, with its export orientation,
became the model, and not the preachings of those who advised Latin America
to look inward.

The bulk of the world's trade is carried on by large corporations. This is
not a new phenomenon. These same corporations are large investors in foreign
manufacturing and service activities. Indeed, the two phenomena-investing and
producing in foreign countries and then selling much of the output in still
other foreign countries, as well as the home market-are inseparable.

International trade is increasingly taking place in intermediate rather than
final products-chips for computers, parts for office machinery, engines for
automobiles and trucks, cotton and wool fabrics for apparel. Look under the
hood of your car; the transmission assembly may have elements produced in a
number of countries. The assembly line in Detroit works on a just-in-time
basis to receive the material needed from across the border in Windsor,
Ontario-and beware of a slowdown from a customs snafu that leads to a costly
disruption in the manufacturing process.

This goes by the name coproduction. The parts are produced in a variety of
locations, assembled in other places, and sold globally. Much of the sales
are within the same multinational corporation, say, from a parent to a
subsidiary (intra-firm trade), or within the same sector (intra-industry
trade). As goods pass across borders in this fashion, the absence of border
impediments (tariffs, lengthy inspection delays) is crucial, as the
automotive example between Windsor and Detroit exemplifies. Hence, the drive
for trade negotiations to lower these barriers and the proliferation of
regional economic integration agreements, such as NAFTA, to legally ensure
the absence of delays in a just-in-time world.

Economic integration and, by extension, the process of globalization, is
centered on competition in particular sectors when it comes to production and
merchandise trade. What is taking place is a form of division of labor-Adam
Smith on a regional and global scale. The global aspect is made possible by
technology, advances in communication and transportation, and by financing
far more vast than anything seen before. Corporations take many factors into
account when setting up complementary plants in foreign countries, such as
size of the domestic market, the availability and price of labor, the cost of
transportation, and the political stability of the country where the
investment is made. The growth of U.S. coproduction with Mexico was based
primarily on two considerations: proximity, and thus low transportation
costs; and inexpensive labor. Most foreign direct investment is made among
industrial countries, which is evidence that cheap labor is by no means
always the dominant criterion. This is evident as well from the paucity of
investment in the world's poorest countries.

If most international trade is conducted by large corporations, what does
this imply for the future of small and medium-sized enterprises? In just
about all countries, goods and services that are not internationally traded
are more voluminous than tradables. In addition, many large corporations have
concluded that making all inputs in-house is not the most efficient practice
and instead are subcontracting to independent producers and service
providers-and many of these are relatively small enterprises. Their products
are then exported indirectly, via the exports of the large corporations.

There is no intent in this discussion to assert that multinational
corporations invariably provide their workers with optimal working conditions
and good salaries and are always careful to avoid environmental degradation
in their operations. We know that many corporations are not that meticulous,
even though we also know that wages and working conditions in foreign
transplants generally are superior to those of domestic enterprises. We know
that foreign trade and investment results in losers in the home countries,
although by now it is clear that there are many more winners. We know that
the global spread of business benefits some countries more than others and
that some regions of countries prosper while others lag behind. The
globalization genie-in the form of investment, trade, financial flows, and
technology advances-is out of the bottle. The challenges are to minimize the
downside dangers while exploiting the upside benefits that globalization can
offer to countries throughout the world.

Issues in International Political Economy is published by the William E.
Simon Chair in Political Economy at the Center for Strategic and
International Studies (CSIS), a private, tax-exempt institution focusing on
international public policy issues. Its research is nonpartisan and
nonproprietary.

CSIS does not take specific policy positions. Accordingly, all views,
positions, and conclusions expressed in this publication should be understood
to be solely those of the author.

, 2000 by the Center for Strategic and International Studies.


To: Ryan Slinger/PDX/ECT@ECT
cc:

Subject: Enron Canada Operations

:We are going forward with our work for Enron Canada.  We will be doing
energy restatements and submissions on the weekends and off peak hours. We
will be responsible from 1700 PST through 0700 PST on weekdays and 24 hours
on weekends and holidays.  Enron Canada will be communicating with us through
the west.realtime inbox in our Lotus Notes.  If you do not already have this
inbox, please add it immediately!  Transalta will also be contacting us
concerning unit rerates through this inbox.  Currently, the website is only
accessible through my computer. Please use my computer for evening and
weekend restatements and resubmissions.  The password for my screen is on my
desk.  There is a workbook that walks you through the restatement and
submission process.  You will find copies of the needed information in your
inbox.  The basic process is:
1.) Check availability information at west.realtime(You will need to have
your email set to notify you when new mail appears!)
2.) Call Transalta and confirm change and reason for change, determine ETR
for unit if possible
3.) Note changes in Power Pool Dispatch Log next to Trade App.
4.) Call John Zufferli or Bill Greenhizen
5.) Submit a revised submission to the Power Pool
6.) Confirm revised submission with the Power Pool

That should be it.  The workbook takes you through the process of revising or
creating submissions, step by step.  The master document is on my desk and
offers troubleshooting tips. Additionally we will be looking to take
advantage of RT opportunities coming out/going into California.


had phone problems ...lost my charger.  It was good.  I may be the most influential in the world of finance in the past 50 years

 -----Original Message-----
From: 	"Eva Pao" <epao@mba2002.hbs.edu>@ENRON [mailto:IMCEANOTES-+22Eva+20Pao+22+20+3Cepao+40mba2002+2Ehbs+2Eedu+3E+40ENRON@ENRON.com]
Sent:	Tuesday, July 17, 2001 10:02 PM
To:	John Arnold
Subject:	fin

tried to call you a couple times to see how your whirlwind tour of WACC, M&M
and capital structure went.

wc


Sal,

Well done.

Guess I'm your man on this Continent. Let me know of the plan, timing,
visits,conferences, off-sites etc...

B.
---------------------- Forwarded by Barry Pearce/LON/ECT on 18/01/2000 08:29
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Rick Causey @ ENRON                           18/01/2000 00:04

Sent by: Enron Announcements@ENRON
To: All Enron Worldwide
cc:

Subject: Global Risk Management Operations

Recognizing Enron,s increasing worldwide presence in the wholesale energy
business and the need to insure outstanding internal controls for all of our
risk management activities, regardless of location, a global risk management
operations function has been created under the direction of Sally W. Beck,
Vice President.  In this role, Sally will report to Rick Causey, Executive
Vice President and Chief Accounting Officer.

Sally,s responsibilities with regard to Global Risk Management Operations
will mirror those of other recently created Enron global functions.  In this
role, Sally will work closely with all Enron geographic regions and wholesale
companies to insure that each entity receives individualized regional support
while also focusing on the following global responsibilities:

1. Enhance communication among risk management operations professionals.
2. Assure the proliferation of best operational practices around the globe.
3. Facilitate the allocation of human resources.
4. Provide training for risk management operations personnel.
5. Coordinate user requirements for shared operational systems.
6. Oversee the creation of a global internal control audit plan for risk
management activities.
7. Establish procedures for opening new risk management operations offices
and create key benchmarks for measuring on-going risk controls.

Each regional operations team will continue its direct reporting relationship
within its business unit, and will collaborate with Sally in the delivery of
these critical items. The Houston-based risk management operations team under
Sue Frusco,s leadership, which currently supports risk management activities
for South America and Australia, will also report directly to Sally.

Sally retains her role as Vice President of  Energy Operations for Enron
North America, reporting to the ENA Office of the Chairman.  She has been in
her current role over Energy Operations since 1997, where she manages risk
consolidation and reporting, risk management administration, physical product
delivery, confirmations and cash management for ENA,s physical commodity
trading, energy derivatives trading and financial products trading.

Sally has been with Enron since 1992, when she joined the company as a
manager in Global Credit.  Prior to joining Enron,  Sally had four years
experience as a commercial banker and spent seven years as a registered
securities principal with a regional investment banking firm.  She also owned
and managed a retail business for several years.

Please join me in supporting Sally in this additional coordination role for
global risk management operations.