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--------------------T O P S T O R I E S--------------------

Top Stories (January 22)

CALPX ANNOUNCES IT WILL PERMANENTLY CLOSE DOWN BY APRIL
California's five-year-old experiment with electricity deregulation saw its
first casualty Friday with an announcement by the state's Power Exchange that
it would permanently shut down its trading operation by April.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/22/eng-djn/eng-djn_112027_16_4014022634365

CALIFORNIA WEARILY FACES ANOTHER WEEK OF POWER SHORTAGES
California wearily faces another week of power problems after a weekend that
was supposed to provide relief resulted only in alerts of impending shortages.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/22/eng-djn/eng-djn_092033_211_907312117983

BUSH NOMINATES HEBERT FOR ENERGY
President Bush named Curt Hebert, who has argued against federal involvement
in the California electricity crisis, as chairman of the agency that
regulates wholesale power markets.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/01/22/ao/0000-1961-bush-electricity

DOW CHEMICAL, AMERICAN ELECTRIC POWER PLAN $325M LOUISIANA PLANT
American Electric Power Co. and Dow Chemical Co. signed definitive agreements
that will lead to the construction of a $325 million cogeneration plant at
Dow Chemical's Plaquemine, La., chemical complex.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/22/eng-djn/eng-djn_120036_42_4477495579049

CONSTRUCTION UNDERWAY ON 25.5-MW WISCONSIN WIND FARM
FPL Energy LLC has started work on a 25.5 megawatt wind farm in Iowa County,
Wisconsin, the company said Monday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
01/22/eng-djn/eng-djn_162027_123_977932417765

ENERGY MERGER DANCE GATHERS MOMENTUM
The great merger dance in Western Canada's energy patch is gathering
momentum. The past few weeks have seen the announcement of several takeover
bids, both friendly and otherwise.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/smallcap
center/2001/01/22/eng-smallcapcenter/eng-smallcapcenter_162234_110_47611941350
6

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------
Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

Top Bush Officials Discuss California Power Crisis

CP&L Gets NC, SC OK To Accelerate Nuclear Depreciation

Construction Underway On 25.5-MW Wisconsin Wind Farm

US Envoy: India's Enron Project Key To Foreign Investment

Meltdown-Proof Nuclear Reactor Has Power Industry Abuzz

Calif Local Credits Shouldn't Weaken From Crisis: Moody's

Pa. PUC Blasts GPU Energy For Calif. Crisis Comparison

RWE May Enter Battle Over Spain's Cantabrico

PRESS RELEASE: Riverside Pooled Fund On Moody's Watch-Dn

Colombia Govt To Fight TermoRio Award, Alleges Foul Play

Calif Riverside Pooled Fund Invest On Moody's Watch-Dn

Dow Chemical/Amer Elec Power-2:Sells Output To Tractebel

Dow Chemical, Amer Elec Power Plan $325M La. Plant >DOW

CalPX Announces It Will Permanently Close Down By April

California Wearily Faces Another Week Of Power Shortages

Caixa Catalunya Leads Financing Of New Wind Energy Plant

Japan Power Cos Seek Slow Reforms Amid California Crisis

Utility Bankruptcies Would Cause Wide Financial Shocks

NZ's Contact Energy Withdraws Fee Resolution From Mtg

PG&E/Edison -4: PG&E In Talks With Qualified Facilities

FREE TRIAL: For a free trial of the Dow Jones Energy Service go to
www.dowjonesnews.com, and click "create account," or call
1-800-223-2274.

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N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-nat.htm

Business Briefly: Lacey's Applied Power Corp. Bought by New York Firm

Bush Nominates Hebert for Energy

Ppl Corp. Names President of Generation Subsidiary

North Carolina Municipal Power Agencies' Generating Plant Value on the Rise

Energy Update/Los Angeles Department of Water And Power Daily Energy Update
for Monday, Jan. 22, 2001

Answers to West Coast Energy Crisis Blowing in the Wind

Energy Merger Dance Gathers Momentum

Wrap: Enron Profit Rises 33% as Growth Surges in Energy Services Businesses

Winter Energy Crunch

Delco Remy, Aerovironment Introduce Ipower Technologies Llc, Focus of New
Company Is Distributed Generation And Hybrid Electric Vehicles

Talisman Energy And Seneca Resources Announce Appalachian Gas Joint Venture

Energy Search, Incorporated Announces Adjustment to Series "A" Warrant
Exercise Price

Natural-Gas Producer Goes Horizontal

Babcock & Wilcox Awarded $100 Million Contract to Build New Coal-Fired Power
Plant in Wyoming

Hagel to support Abraham for Secretary of Energy

BP Solar Bullish in Regional Market

Top Energy Summaries - Monday, January 22, 2001 - 2:39 PM

Nation's Mayors Call for 10 Percent Reduction in National Energy Use

Company Unveils Power Plant Plans to Neighbors

Power Wait Hinges on New Plants

Advisory/State Controller Connell And Senator Polanco to Announce Energy
Crisis Initiative in LA

Outlook: US Power Cock-Up

Tractebel signs 20-yr deal to purchase output from American Electric Power

Energy Crisis Likely to Have Minimal Impact on State's Economy, Expert to
Tell Cpas

Construction Begins on Iowa County, Wisconsin, Wind Farm; Wisconsin Electric
to Buy Power from Fpl Energy

Initiates Natural Gas Sales from Its Swan Creek Field to Retail Utility
Customers in Hancock County, Tennessee
Energy in the Executive

Magnadrive Wins U.S. Energy Department Grant for Energy Efficiency Technology

Ocean Power Corp And Wind Harvest Revise Agreement

GE Power Systems Acquires Mk Engineering, A Combustion Optimization
Technology CompanyTechnology Improves Combustion Efficiency And Reduces
Emissions for Fossil Generation Power Plants

Tractebel Enters Into Power Purchase Agreement with American Electric Power

Panel Targets Fuel Cell Generation Equal to 10 N-Reactors

Top Energy Summaries - Monday, January 22, 2001 - 9:14 Am

California Faces More Power Outages

Beacon Power Opens New Headquarters in Wilmington, Massachusetts

Ebusiness Technologies Powers Web Site for Energy LeaderPuget Sound Energy to
Manage Content with Engenda

Salomon Upgrades Duke Energy to Buy, Lifts Target to $100 (Duk)

Dow And American Electric Power Reach Agreement to Develop New Cogeneration
Plant to Serve Dow in Plaquemine, LA.

Tengasco Initiates Natural Gas Sales from Its Swan Creek Field to Retail
Utility Customers in Hancock County, Tennessee

Parts of Sacramento Lose Power: Equipment Malfunction in Oregon Spurs Outage

Calif. Working on Power-Supply Deal

Top Energy Summaries - Monday, January 22, 2001 - 7:30 Am

Ocean Power Corporation And Wind Harvest Revise Agreement

Power Corporation And Wind Harvest Revise Agreement

Glitch Cuts Power in Central Valley / Davis Will Name Czar to Oversee New
Plants

Tibco Software Enables Real-Time Information Flow for Southern Energy's North
American Online Trading Operations

Ballard Power Systems And Victrex PLC Announce Alliance for The Development
And Manufacture of Ionomers for Ballard Fuel Cells

Virginia Natural Gas Doubles Its Aid Amount

Toward Adequate Energy and a Clean Environment

Are Power Companies Hurting High Tech?

Power Shortage May Electrify Coal, Nuclear Industries

Keeping Track: Natural-Gas Costs

Americans Get More Help with Their Utility Bills

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Japan Should Aim for 5 M. Fuel-Cell Cars by 2020: Panel

Sempra Energy Completes Sale of Energy America to Centrica

LeBoeuf Breaks Into South Africa with Energy Practice

Power Generation Too Big for Tanzania Private Sector--Cti

Ministry to Publish Bidding Rules for Geothermal Prospects - Chile

Machu Picchu to Re-start Generation in April - Peru

Indian Government: Renewable Energy Seminar Inaugurated

Ballard Power Systems And Victrex PLC Announce Alliance for The Development
And Manufacture of Ionomers for Ballard(R) Fuel Cells

The 4th Int'l Electric Power Tech. & Equipment Exhibition

STOCKWATCH International Power gains as Goldman Sachs upgrades stance

Singapore power industry faces big bang

Benpres unit, Siemens Power to settle dispute over equipment supply delay

World Bank to Loan US$180 Mln for Rajasthan Power Sector

Feasibility Reports for 5 Hydro Projects Sent to Pakistan CE

Russia to Use More Coal for Power Generation

Lignite Power Plant Joint Venture in Laos

Scottish Power Eyes PowerGen

Oman to Invite Power Plant Bids

----------------------------------------------------------------------
KRT DAILY ENERGY NEWS
----------------------------------------------------------------------
Access stories online at http://www.powermarketers.com/pma-krt.htm

York County, Pa., Residents Uneasy About Plan for New Sewage Treatment Plant

Aging San Joaquin County, Calif., Windmills Need Repair

Interior Secretary Signs Decision to Hold California to Water Entitlement

Colorado Senator Wins Approval for Deadline Extension on Aquifer Study

Paducah, KY., Gas Diffusion Plant to Be Completed by March

California Power Crunch Plays Games with Orange County, Calif., Businesses

Southern California Largely Spared While Lights Go Out in North

British Electricity to Advertise on London Taxicabs

Victorville, Calif.-Based Water District Imposes Surcharge for Electricity

The Business Press, Ontario, Calif., Letters to The Editor

Buffalo, N.Y.-Area Power Company Looks to Alter Pricing Scenario

New Mexico Utility Sets Up New Emergency Warning System

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at: http://207.32.82.57/news/ElectricPower.html

No Stories Available 01-22-01

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NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing
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RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus
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Hello Jeff-
Talked with Larry Lawyer yesterday on proposal for EGM to take  on a small team from the Structured Finance Group.  Larry is on board with  the concept but reserves opinion on the scaleability of the business.

We have retooled the business model to concentrate on bigger  return projects, resulting in a plan that better fits the Enron  formula.  Additionally the skill set of the team (3) will provide  additional value and leverage to existing EGM transactions-especially in the  area of moving assets off balance sheet. Jeremy Thirsk  has first hand knowledge as we have helped structure a Japan trade. Also, Ray Bowen will take on a small team at EIM, as he has bought into  the value return.

Larry suggests it is worthwhile for EGM to consider the  proposal further. To this end, I request a meeting with you anytime on  Tuesday or Wednesday next week. I return to London on Thursday.
Please respond to george.delcanto@enron.com  .
Will forward revised business plan and background material  prior to meeting.

thanks and regards,
George


Paula,

Works for me. Maybe we should go out and explore some other options
in the Montrose/Heights area.

Vince

From: Paula Corey@ENRON COMMUNICATIONS on 04/14/2000 10:18 AM
To: Vince J Kaminski/HOU/ECT@ECT, Beth Perlman/HOU/ECT@ECT, Lou
Casari/HOU/EES@EES, Carl Livermore/HOU/ECT@ECT, Anthony Mends/Enron
Communications@Enron Communications, ametz@flash.net,
vanessa_carranza@usa.net, Steve Lovett/Enron Communications@Enron
Communications
cc:
Subject: Round Table

We are lo-o-o-o-ng overdue for a meeting of the round table and it is time to
work this into our schedules.

Please respond and let me know if Thursday, April 27th will work for
everyone. I think LaGriglia would be a good place but am open to any and all
suggestions.

Thank you

Paula


Sara suggested I email you and request access to the Financial Trading
Agreement Database so I can better track the status of ISDA negotiations with
my hedge fund clients. Can take care of that for me? Thanks. Per


As you know, exceeding this limit would require contacting the Enron Board of
Directors.  Jeff Skilling is keenly interested in this measurement.  In
conversations with Ted Murphy today, Jeff has asked that he receive a daily
report from Ted on component V@R.  Ted called me about 3:00 pm today (Houston
time) to let me know about this requirement.  Obviously, we want to meet
Skilling's request with information that is as timely, accurate and  complete
as possible.  Therefore, we were concerned about feeds from London that over
the past several weeks have caused one London commodity or another to be
excluded from the first run of component V@R.  (Mike:  I assume that you are
very familiar with these feed problems from your representative that you send
to the daily 8:30 meeting.)

I pulled Steve Stock out of a pre-PRC meeting to meet with Ted, Shona, Ramesh
and me at 4:00 today.  Realizing that the time was very late in London, we
tried to reach you both at home numbers and by cell phone to include you in
the meeting.  Since we could not do so, we continued without you given that
Skilling will want to see this report daily starting tomorrow.

Here is the key fact to know:  It takes 3 hours to run the component V@R
calculations, once all inputs have been received and processed.  The
Component V@R calculations are kicked off at 6:30 am Houston time, producing
an approximate completion time of 9:30 am Houston time.   With this
timeframe, our goal would be to have the component V@R report to Jeff by
approximately 10:00 am Houston time.

Given current calculation times, in order to consistently calc component V@R
including all London feeds, London books (UK power, UK gas and Nordic power)
will have to be completed, calculated and officialized by 4:00 am Houston
time (10:00 am London time).  If this time frame is not met, then component
V@R reports for Jeff will be incomplete.  We had hoped to discuss this with
you today so that you could work with your operations staff, systems support
and traders to insure that you could consistently meet a 10:00 am London
requirement for officialized books.

The other immediate action to take is to ask Mike to work with David Hardy on
what we understand to be an almost-completed task of including UK spread
options in V@R calculations using the V@R engine.  Those V@R calculations
that are done through Excel calculations are not captured and included in the
component V@R calculations.  While there are other commodities that will
currently be excluded from component V@R reports, they are deemed to be less
material than the UK spread options.  Ramesh felt that it is only a matter of
days before this is completed.  Mike, we would like for you to stay on top of
this from an operations perspective to insure that this happens.

I should note that the firm 10:00 am deadline for officializing books in the
UK will only result in producing a report for Jeff by 10:00 am Houston time.
We don't know what Jeff's expectation will be regarding timing.  It is
probably safe to say that we should be actively looking at process and
systems changes that could result in the ability to deliver such a report
earlier in the morning.

Mike, I will call you during my morning commute on Thursday to see whether or
not you have any questions or if there are concerns about consistently
meeting the 10:00 am deadline in London.


Elizabeth Sager, who is responsible for power trading documentation in North
America and was in large part responsible for drafting the Industrial Master
several years ago, is reviewing the proposed form.  She will have comments
for us by Monday morning, Houston time.

Martin Rosell
06/22/99 09:04 AM
To: Paul Simons/LON/ECT@ECT, Matthew Landy/LON/ECT@ECT, Tomas
Valnek/LON/ECT@ECT
cc: Edmund Cooper/LON/ECT@ECT, Scott Sefton/LON/ECT@ECT, Justin
Boyd/LON/ECT@ECT, Mark Elliott/LON/ECT@ECT, Mark - ECT Legal
Taylor/HOU/ECT@ECT, Thor Lien/OSL/ECT@ECT
Subject: Draft Nordic Power Master Agreement

Please find attached a copy of the above document, marked to show changes
from the draft of S&M, together with a clean copy thereof (please disregard
any layout or file format deficiencies).  Besides further streamlining and
refining of the doc, I've also styled it somewhat differently why it, on the
face of the mark-ups, may appear even more amended than is the case.
I've chosen to call the doc. 'Nordic Power Master Agreement' and inserted the
Norwegian name of the Nordic Power Traders Association ("NPTA") in the header
(hopefully, NPTA will be prepared to launch and market the doc. in its own
name).  I've also prepared a brief Schedule addressing the optionality
offered by the document.  The document is originally based upon ECT's
Industrial Master Agreement.  In the Industrial Agreement, terms such as "the
Contract", "this Contract", "this Agreement" and "the Agreement" are used
interchangeably and not always with great preciseness.  In the attached
document the terms "this Master Agreement" or "this Agreement" are used
consistently (the latter to include all Transactions).  These are my remarks
to the (principal) changes made, and to some issues that the new doc gives
rise to:

1.  Transactions.

I've introduced some ISDA wordings herein (for example, the "Inconsistency"
provisions) and deleted text that I find less appropriate or necessary in the
current context.

2.  Obligations

This is a critical Section since it also refers to products for which there
currently are no NPTA documentation ("Options" and "Collars").  When I
discussed this with the Nordic trading desk it sounded less thrilled about us
expanding the current Nordic bilateral power contracts range, and I have
therefore left references to options (other than swaptions and Asian options)
within square brackets (including related definitions).  (Supposedly, this
will be something for the Working Group, Reference Group and the NPTA to
determine.)  I've expanded the text on SWAPs and included a brief reference
to ASIAN (options) and also streamlined the Tax clause.

3.  Representation

Reps are not particularly common in Nordic law contracts.  The "No Reliance"
reps appear to be typically American and may not be to everyone's taste.
Since parties seldom are prepared to give "Payee" reps I've cut out that part
and also taken out the "Payer" reps as something that we should be able to do
without.   I also feel a bit hesitant towards S&M's proposed "Changes in
Representation" and therefore rubbed that one out as well (whilst being at
it).

4.  Market Disruption

Since the underlying reference price (Nord Pool's spot price) is quoted on an
hourly basis, some wordings have been included to reflect that.

5.  Events of Default

I'm mostly concerned about the cross-default clause.  Insofar as ECTRIC (and
its possible Credit Support Provider) is concerned, we may, in this
particular context, lose more than we gain from a cross default provision.
Also, the cross default  also only appears to apply to "borrowed money" (and
"such obligation") and not default under any other "specified transactions".
It's worth considering making cross default optional and part of the Schedule
instead.

6.  Remedies

As the enforceability of close-out netting in certain jurisdictions may
require the automatic termination of all Transactions, it's  necessary to
offer the parties the choice of "Automatic Early Termination" in the Schedule.

7.  Events of Change

I've followed the route of the Nordic 'Amendment Agreement' and pulled
together "Events of  Change" and "Change in Tax Law" and done my best to
streamline this sections since it undoubtedly will raise questions from local
players in due course.

(The former sections 8 (Credit Support), 9 (Set-off) and 10 (Confidentiality)
have been edited out.  The former because of the streamlining of the credit
provisions (and related definitions) and the two latter since those concern
issues that rather should be addressed by the parties bilaterally.)

8.  Governing Law and Jurisdiction

As previously discussed, this part is something for the parties to agree upon
in the Schedule.

9.  Documents

As above under 8.

10.  Miscellaneous

I've crossed out the former "Currency Provisions" since it won't be
enforceable in certain jurisdictions.  (Might be something for the Schedule.)

11.  Definitions

Some of the credit terms have been stricken out.  With reference to my
earlier comment with respect to the uncertainty relating to the inclusion
into the document of further options instruments, the related terms defined
are in between square brackets.  Some of the defined terms may need to be
further refined to better reflect the products, trading routines and
settlement mechanisms in the Nordic Electricity market.

Exhibit A

The relevant details can be found in the Schedule.

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

Please return with any comments you may have before close of business on
Thursday (Oslo time).

Martin


Jeff Skilling and Mr. Lay are not going, so company plane is not reserved.

Bill Butler is going, will stay at the Willard


great news! Keep up the good work.

	Stephen D Burns

		 To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/HOU/EES@EES, James D
Steffes/HOU/EES@EES
		 cc: Joe Hillings/Corp/Enron@ENRON, Scott Bolton/Enron Communications@Enron
Communications, Donald Lassere/Enron Communications@Enron Communications, Sue
Nord/NA/Enron@Enron, Cynthia Sandherr/Corp/Enron@ENRON, Chris
Long/Corp/Enron@ENRON
		 Subject: Fiber Optic Public Lands Right-of-Way Status

The fat lady hasn't quite sung yet, but I thought it would be a good idea to
give you a readout on the current status of the BLM/USFS fiber optic
right-of-way issue.

In a nutshell, our strategy seems to have worked and we've won all the
concessions we sought.  As you'll recall these were:

a) to get the BLM to withdraw any "interim" policies, the first of which
split fiber cables into 144 different ROW certifications, and a later version
that re-packaged the issue, mandating that ROW certificates be issued each
time a fiber owner subleases or sells capacity on its line, with a
retroactivity clause that added extra sting;
b) to get the Forest Service to retract its May 2nd memorandum which changed
its fiber optic ROW policy from published fee schedules to individual
"comparable" assessments (the first such assessment, which compared ROW fees
in urban centers in downtown Portland and Seattle to Oregon forest lands,
increased the cost of a segment of our FTV fiber build 150 fold);
c) to block both agencies from implementing any proposed or final rule in FY
2001; and
d) to create an open rule making process that involves all interested
stakeholders, including Enron.

Thanks to the considerable pressure we orchestrated from Congress and the
Administration, BLM Director Fry and USFS Chief Dombeck have backed away from
points a and b above, and have agreed to points c and d.   The language we
inserted in the Interior Appropriations Bill, which has been agreed to by the
Conferees, forces both agencies to revert back to the published fee
schedules, prevents them from implementing any new policies in FY 2001, and
forces them to work with industry and to come up with a common policy for
future rent determination.

The reference in the opening sentence to gravitationally-challenged women is
because the issue still hasn't quite closed.  The Interior Appropriations
Bill may very well be vetoed.  But since our issue was settled at the staff
level, and is now off the table, we're likely to remain safe from being
re-examined and challenged.  In fact, any changes would likely only increase
the strength of our hand: some members of our coalition are trying to insert
even more detailed language in the report that prescribes exactly how the
agencies will proceed to determine the new rental fee schedules over the next
18 months.  Through outside consultants, we've had a series of constructive
discussions with the agencies over the past two weeks that have forged
agreements on timing and specific ways forward.   Details are forthcoming,
but Enron would be involved closely in the process.  The agencies were
clearly surprised by the clout we wielded, and are now more than willing to
negotiate.

But the bottom line, again, is that we have stopped both agencies from
implementing their costly interim policies or launching a rule making process
either now (which they originally intended to do) or in the coming fiscal
year.  And by engaging key Members of Congress and the White House, and
organizing and leading the 20-member  Fiber Optic Public Land Right-of-Way
Coalition, we've succeeded in branding Enron as a leader in the
communications field.

Steve


Can you please respond to Diane.  Thanks.
----- Forwarded by Tana Jones/HOU/ECT on 11/08/2000 11:22 AM -----

	Diane Anderson@ENRON
	11/08/2000 11:17 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Societe Generale

Hi Tana,

For our ISDA with the above referenced counterparty, can you tell me
if we (ENA) are supposed to be the confirming party or is it Soc Gen?

They've been sending us a lot of their confirms lately (in the Emerging
Products world, that is....Weather transactions) and are expecting us
to sign their confirms.   I'd like to confirm that our ISDA says We confirm
before I go back to them.

Thanks,
Diane


---------------------- Forwarded by Dana Davis/HOU/ECT on 10/20/2000 09:33 AM
---------------------------

	Enron North America Corp.

	From:  Nicole Mendez                           10/20/2000 09:06 AM

To: Julie A Garcia/HOU/ECT@ECT, Alicia Solis/EPSC/HOU/ECT@ECT, Cindy
Stokes/HOU/ECT@ECT, Kelly Ellis/Corp/Enron@Enron, Lillian
Rios/NA/Enron@ENRON, Dana Davis/HOU/ECT@ECT, James Armstrong/HOU/ECT@ECT,
Abby Lopez
cc:
Subject: Little White Lies

---------------------- Forwarded by Nicole Mendez/HOU/ECT on 10/20/2000 09:01
AM ---------------------------

	Enron North America Corp.

	From:  Donna Jones                           10/20/2000 08:59 AM

To: Lindsay Long/HOU/ECT@ECT, Simone La Rose/HOU/ECT@ECT, Jody
Pierce/HOU/ECT@ECT, Nicole Mendez/HOU/ECT@ECT
cc: damutley@hotmail.com
Subject: Little White Lies

Sometimes they just can't be helped!


I would like to go Monday through Wednesday.  Thanks.

 -----Original Message-----
From: 	Comnes, Alan
Sent:	Wednesday, October 03, 2001 3:32 PM
To:	Crandall, Sean; Belden, Tim; Scholtes, Diana
Subject:	FW: RTO Week Panel Makeup
Importance:	High

Sean,

I recommend comming out for first 2-3 days.  My hunch is that diminishng returns will kick in after that.

Sarah offered to help set up meetings with FERC staff too; we could talk about that.

I'm still working on the reading materials.

GAC

 -----Original Message-----
From: 	Novosel, Sarah
Sent:	Wednesday, October 03, 2001 3:25 PM
To:	Shapiro, Richard; Palmer, Mark A. (PR); Denne, Karen; Philipp, Meredith; Alamo, Joseph; Allegretti, Daniel; Allen, Joe; Alvarez, Ramon; Arefieva, Maria; Assaf, Lisa; Bellas, Kirsten; Benson, Eric; Bolton, Scott; Boston, Roy; Briggs, Tom; Buerger, Rubena; Burns, Stephen; Canovas, Guillermo; Cantrell, Rebecca W.; Comnes, Alan; Connor, Joe; Cooney, Carolyn; Dasovich, Jeff; Decker, Larry; Dernehl, Ginger; Dressler, Jean; Floris, Vinio; Frank, Robert; Fromer, Howard; Fulton, Donna; Guerrero, Janel; Hamilton, Allison; Hardy Jr, John; Hawkins, Bernadette; Hemstock, Robert; Hetrick, Nancy; Hoatson, Tom; Huang, Karen; Hueter, Barbara A.; Hunter, Bevin; Huson, Margaret; Ibrahim, Amr; Kaufman, Paul; Kean, Steven J.; Keene, Patrick; Kingerski, Harry; Kishigami, Kikumi; Knight, Laurie; Landwehr, Susan M.; Lassere, Donald; Lawner, Leslie; Leibman, Lara; Leonardo, Sam; Levy, Alberto; Lindberg, Susan; Linnell, Elizabeth; Mara, Susan; Maurer, Luiz; McVicker, Maureen; Migden, Janine; Miller, Terri; Montovano, Steve; Moore, Bill; Nersesian, Carin; Neustaedter, Robert; Nicolay, Christi L.; Nord, Sue; Noske, Linda J.; Ogenyi, Gloria; Palmer, Germain; Perez, Carmen; Perrino, Dave; Petrochko, Mona L.; Pharms, Melinda; Rishe, Frank; Rizzo, Helen; Roan, Michael; Robertson, Linda; Robinson, Marchris; Rodriquez, Andy; Ryall, Jean; Shelk, John; Shortridge, Pat; Staines, Dan; Steffes, James D.; Stransky, Joan; Stroup, Kerry; Sullivan, Kathleen; Sullivan, Lora; Thome, Jennifer; Tiberi, Fino; Twiggs, Thane; Walton, Steve; Warner, Geriann; Yeung, Charles; Yoho, Lisa
Cc:	Hiltabrand, Leslie; Radford, Pat
Subject:	RTO Week Panel Makeup
Importance:	High

We have learned (through EPSA -- no FERC issuance has been made yet) that FERC plans to have the follow panels for RTO Week, October 15-October 19:

Monday:	Market Design 			am
		Ancillary Services, etc.		pm

Tuesday:	Congestion Management	am
		Transmission Planning
		and Expansion			pm

Wednesday:	Standard Tariff			am
		Cost Recovery (license plate
		vs. postage stamp)		pm

Thursday:	States Representatives		am
		GISB/EISB/NERC		pm

Friday:		Market Monitoring		am
		Market Mitigation		pm

Attendance on these panels is by invitation only.  Invitations are being extended by FERC Staff now.

Please call me if you have any questions.

Sarah

 -----Original Message-----
From: 	Dernehl, Ginger   On Behalf Of Shapiro, Richard
Sent:	Wednesday, October 03, 2001 11:37 AM
To:	Palmer, Mark A. (PR); Denne, Karen; Philipp, Meredith; Alamo, Joseph; Allegretti, Daniel; Allen, Joe; Alvarez, Ramon; Arefieva, Maria; Assaf, Lisa; Bellas, Kirsten; Benson, Eric; Bolton, Scott; Boston, Roy; Briggs, Tom; Buerger, Rubena; Burns, Stephen; Canovas, Guillermo; Cantrell, Rebecca W.; Comnes, Alan; Connor, Joe; Cooney, Carolyn; Dasovich, Jeff; Decker, Larry; Dernehl, Ginger; Dressler, Jean; Floris, Vinio; Frank, Robert; Fromer, Howard; Fulton, Donna; Guerrero, Janel; Hamilton, Allison; Hardy Jr, John; Hawkins, Bernadette; Hemstock, Robert; Hetrick, Nancy; Hoatson, Tom; Huang, Karen; Hueter, Barbara A.; Hunter, Bevin; Huson, Margaret; Ibrahim, Amr; Kaufman, Paul; Kean, Steven J.; Keene, Patrick; Kingerski, Harry; Kishigami, Kikumi; Knight, Laurie; Landwehr, Susan M.; Lassere, Donald; Lawner, Leslie; Leibman, Lara; Leonardo, Sam; Levy, Alberto; Lindberg, Susan; Linnell, Elizabeth; Mara, Susan; Maurer, Luiz; McVicker, Maureen; Migden, Janine; Miller, Terri; Montovano, Steve; Moore, Bill; Nersesian, Carin; Neustaedter, Robert; Nicolay, Christi L.; Nord, Sue; Noske, Linda J.; Novosel, Sarah; Ogenyi, Gloria; Palmer, Germain; Perez, Carmen; Perrino, Dave; Petrochko, Mona L.; Pharms, Melinda; Rishe, Frank; Rizzo, Helen; Roan, Michael; Robertson, Linda; Robinson, Marchris; Rodriquez, Andy; Ryall, Jean; Shapiro, Richard; Shelk, John; Shortridge, Pat; Staines, Dan; Steffes, James D.; Stransky, Joan; Stroup, Kerry; Sullivan, Kathleen; Sullivan, Lora; Thome, Jennifer; Tiberi, Fino; Twiggs, Thane; Walton, Steve; Warner, Geriann; Yeung, Charles; Yoho, Lisa
Cc:	Hiltabrand, Leslie; Radford, Pat
Subject:	Teams for Upcoming FERC Proceedings

As you know, the Commission last week issued several important notices and papers regarding various policy initiatives that the Commission plans to address over the next few months.  These issues are extremely important to Enron and we have been urging FERC to address and resolve (most) of these issues for many years.  There is now a Commission in charge that looks like it is ready to act, and we need to be ready to respond.

In an effort to coordinate our efforts, we have developed coverage teams to respond to these FERC initiatives.  The Washington advocacy group will also work closely with all of these teams.  If someone is interested in a particular issue and was not included on that team, please feel free to call the Project Lead to have your name added to the team.  All assistance is welcome.  As you will see on the attached chart, many of the deadlines for responding to these initiatives are within the next few weeks, so the teams need to mobilize and establish a game plan for our responses very quickly.

On the attached chart, we have listed in the left column each of the FERC initiatives that will be starting or are currently underway.  A "Project Lead" has been named for each initiative.  The Project Lead will be responsible for developing and initiating a game plan for how Enron will respond in the proceeding.  The Team Lead will be contacting each of you within the next couple of days to set up processes and procedures for moving forward.  The team will be responsible for the initial determination of what issues should be addressed, what is the best way for Enron to respond to them, and producing draft comments.  Once draft comments are prepared, the comments will be circulated to a much wider group of Government Affairs and commercial people to ensure that the team has captured all of Enron's important issues.

There is a column of "Inside Counsel" and "Outside Services."  In some areas, we plan to use outside counsel or consultants and in others we do not.  Where we do not list outside counsel, we will rely on our inside counsel to draft the comments (with significant input from the team members).  Please remember, however, that even if outside services are listed, the RCR process must still be followed.  If applicable, Project Leads should submit the necessary RCR request as soon as possible.
The following is a brief description of each proceeding and the Project Lead named for each proceeding:

RTO Meetings and Comments to NOPR:  Sarah Novosel and Christi Nicolay will be the Project Leads in this proceeding.  The RTO meetings will be held in Washington from October 15-19, and we hope to have an executive from Enron make a presentation on one of the panels.  Comments will be submitted to FERC regarding the appropriate market design for RTOs.  This team will also be responsible for these comments.

Standards of Conduct NOPR:  Lisa Yoho will be the Project Lead.  Comments are due in approximately 45 days.  Several issues are raised in this proceeding, including a proposal to apply the standards of conduct to a utility's marketing affiliate buying and selling power to serve native load.  This is a significant action for FERC and we will strongly encourage the Commission to adopt this bold proposal.

ICAP Inquiry:  Christi Nicolay will be the Project Lead.  Chairman Wood has indicated that he is not very familiar with capacity and reserve requirements, whether they are needed, and what impact such requirements have on the market.  Enron has been a strong opponent of ICAP for many years, and we plan to show FERC that ICAP requirements are not needed.  We will submit expert testimony on this issue.
California Audit and Westwide Price Cap Mitigation:  Alan Comnes will be the Project Lead.  Commissioner Brownell is leading a FERC audit of the California ISO.  Although we do not have details of what the audit is intended to cover or how expansive it will be, we need to carefully monitor this proceeding and have input into the audit process where possible.  Furthermore, a request for rehearing is pending before the Commission regarding the current price cap mitigation measures.  The Commission implemented these caps in an effort to limit price spikes in California.  California's summer peaking season is over, but the Pacific Northwest's winter peaking season will be starting soon, and the mitigation measures currently in effect could discourage power sellers from selling power to the Northwest, where it will be needed this winter.  This team will be responsible for both of these proceedings.
Transmission Constraint and Energy Infrastructure Issues:  Steve Walton is the Project Lead.  FERC staff is studying two significant transmission constraints - California's Path 15 and the Central East Interface in New York  -- and plans to have the study completed later this year.  The Commission plans to forward the study to DOE.  The Commission stated that this is a high priority for it.  In a relating proceeding, the Commission has stated that it will hold four open meetings in different regions of the country to identify energy infrastructure issues.  The team will also oversee the progress in these proceedings.
Revised Public Utility Filing Requirements:  Susan Lindberg is the Project Lead.  The Commission has issued a NOPR proposing to require market participants to provide more information than is currently required, including at least seven additional data points per transaction.  This will have a significant administrative burden on Enron and could require the disclosure of commercially sensitive information.  Comments are due on October 5.
California Refund Proceeding:  Ray Alvarez is the Project Lead.  The Commission has ordered power sellers to pay refunds for sales made to the California ISO from October 2, 2000 through June 20, 2001, and has established a hearing proceeding to resolve issues of material fact.
Pacific Northwest Refund Proceeding:  Bob Frank is the Project Lead.  The Judge in this proceeding issued an initial decision recently finding that refunds are not warranted in the Pacific Northwest.  Briefs will be filed in response to the decision, and the Commission will review the Judge's order.
Midwest/Alliance RTO Proceeding:  Mike Roan is the Project Lead.  Various filings are pending before the Commission regarding establishment of two RTOs in the Midwest - the Alliance RTO and the Midwest RTO.  Enron is advocating, consistent with the Commission's recent pronouncements, one single RTO in the Midwest.  The Commission is expected to act on these filings shortly.  Proceedings may be ordered.
Northeast RTO Proceeding:  Sarah Novosel is the Project Lead.  Mediation to create a single Northeast RTO has concluded and the Judge's report is pending before the Commission.  A Commission order is expected on or before October 31.  Additional proceedings may be ordered.
Southeast RTO Proceeding:  Christi Nicolay is the Project Lead.  Mediation to create a single Southeast RTO has concluded and the Judge's report is pending before the Commission.  A Commission order is expected on or before October 31.  Additional proceedings may be ordered.

 << File: Coverage of Upcoming FERC Proceedings.doc >>


I think Jean is gong to be there - thats ok.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/12/2000
12:54 PM ---------------------------

Brian Redmond@ECT
06/12/2000 11:12 AM
To: David W Delainey/HOU/ECT@ENRON
cc:
Subject: RE: Meeting Transmissions

I will call in, and would like either Julie G. or Jene M. to attend - let me
know if this is ok.

Brian

	From:  David W Delainey @ ENRON                           06/09/2000 02:46 PM

Sent by: Beverly Stephens@ENRON
To: John J Lavorato/Corp/Enron@Enron, Kevin M Presto/HOU/ECT@ECT, Brian
Redmond/HOU/ECT@ECT
cc: Katherine Benedict/HOU/ECT@ECT, Felicia Doan/HOU/ECT@ECT, Kimberly
Hillis/HOU/ECT@ect
Subject: RE: Meeting Transmissions

Please note your calendars to reflect the following meeting:

 Date:  June 13, 2000

 Time:  10:00 am - 11:00 am

 Place:  EB 3314

 Subject: Transmissions

If you have any questions/conflicts regarding the above mentioned meeting,
please feel free to call me.

Thanks
Bev


When: Monday, June 11, 2001 4:00 PM-5:00 PM (GMT-06:00) Central Time (US & Canada).
Where: EB2541

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


Hi there,
I am favourably impressed by Martin. I think he's an intelligent person
and understands the power industry. He has good ideas about
modeling various of  things (even though he thinks that
technical constraints are just technicalities and are easy to deal with).

Please take note that he admitted he does not like to
write code (he has/had someone else doing it for him).


The lovely and talented Beth Secor, the funny funny Beth Secor, the Beth
Secor we all know and love so much, is moving to Baltimore, MD during
the first week of the New Year. I just don't know how the good part of
Texas will survive without her. Just this year Beth won some prize for
her badass painting at the Lawndale Big Show, and she should've won some
other prize for being so damn funny over the years. So here's the thing:

On Thursday, Dec 21, 7:30 - 9pm at DiverseWorks, Beth is doing her Final
Reading. Tickets are $5 and I think all proceeds go to helping Beth
move. Also, she'll  unload a bunch of her old work from the 80's and
early 90's for $10 -$50 that
night. So go check it out. Man, to get a Beth for $50- that's CRAZY! $10
is just insane.

Seriously, Beth is great. Go see her read her hilarious stuff. Go get a
painting. I SO MUCH wish I could go, but I'll be at work. Oh, here's a
link to a bit of her writing:
http://www.creativealliance.org/peekreview/ Go there and click on
Houston Diary.

Ok. Peace. Love. Al Gore.
xox,
Al


Rick:

Thanks for the information on the task at hand regarding operational risk.  We will certainly name an appropriate person from Operations to be involved in this project, and will work with you to help in achieving your objectives.  There doesn't appear to be anyone from ETS on your distribution list.  Operational risk is broad and would seem to be present in all of Enron's businesses.  Is the initial focus simply on the "wholesale businesses", or is there an intent to make this enterprise-wide?

I suspect that it would be helpful for all of us on the distribution list to have a context for the way in which you see this RAC initiative complementing, replacing, overlapping, or perhaps duplicating the work of EAS, AA's internal audit engagement, the critical self assessment process being piloted in London this year by the operations team in conjuction with the AA audits, Doorstep reviews, current operational risk reporting done by the various operations teams, and our major initiatives for EES tracked every other Thursday with you and Rick Causey.   Before we each choose our appropriate representatives from our respective areas, it might be constructive to cover this in a kick-off meeting with the addressees on your memo.

I might also suggest that we work to clearly define roles and responsibilities at the beginning of this project.  The creation of a framework for quantifying enterprise-wide operational risk is perhaps different from the implementation of daily processes or systems that are used at the business unit levels.  As on other policies devised by RAC, it would seem that implementation of anything new to meet reporting requirements against the to-be-developed operational risk policy should rest with the appropriate business unit/functional area outside RAC.  The cross-functional team that will be formed is probably best used to give input to RAC in creating the policy, but may not necessarily be the right body for implementation of specific initiatives.

Finally, the second bullet point in Wanda's list below is already being addressed through the project that you and I agreed upon in August to insure that information from all source systems to RisktRAC is complete, accurate and efficiently handled. As you and I discussed, this is a global effort spanning all commodities/all locations/all source systems.   We have formed a steering committee with appropriate project managers and have worked closely with Debbie Brackett in defining the scope, approach, key milestones, resource requirements and projected timeline (Project Greenlight).  A team of stakeholders from Operations, IT and Debbie Brackett will meet tomorrow in order to review the project plan with David Port and Bill Bradford for final input.  My assistant is working with yours to set up a meeting then for Debbie and me to review the work done to date and to review the proposed plan and timeline.   Assuming that you are comfortable with Project Greenlight when we review the details with you,  I think that it would be appropriate to take this item off of the Wanda's list.  We can certainly update the cross-functional team on efforts underway, but there is no need for a new team to focus on this bullet point.

Sally

 -----Original Message-----
From: 	Heathman, Karen K.   On Behalf Of Buy, Rick
Sent:	Tuesday, October  2, 2001 11:26 AM
To:	Causey, Richard; Beck, Sally; Pickering, Mark; Gorte, David; Dyson, Fernley; Jordan, Mike; Colwell, Wes; Kaminski, Vince J; 'thomas.h.bauer@us.andersen.com'
Cc:	Kilchrist, Shawn; Bharati, Rakesh; Walker, Mark A.; 'john.e.sorrells@us.andersen.com'
Subject:	Operational Risk Management

As you are all aware, the latest Risk Management Policy specifically addresses Operational Risk, and more specifically commits Enron to develop systems and processes that enable Enron to better evaluate its operational risk.  To that end, I have asked Wanda Curry to lead a cross-functional team (the "Operational Risk Committee"), which will be jointly accountable for meeting this commitment. I would like to have representatives from Enron Assurance Services, RAC, Research, Information Technology, GRMO and Arthur Anderson.

Enron's primary objective for monitoring its exposure to operational risk is to (a) identify the derivation of operational risk exposures and (b) improve the Company's systems and processes to mitigate such risk. The guidelines for operational risk assessment are essentially undeveloped.  It will be our challenge to identify, assess, categorize, quantify and mitigate exposure to operational risk.

The risk capital allocation process includes the consideration of operational risk.  Initially, this assessment will be based on a qualitative view of the business unit's internal processes, people and systems. The initial goal, for completion prior to year-end 2001, is to establish a baseline and/or report card to convey a sense for where we are now.  It is Enron's objective, as reflected in the Risk Management Policy, to increase the sophistication of risk measurement for operational risks through documented qualitative assessments and quantitative measurements.

A list of additional objectives to be addressed by the cross functional team has been prepared by Wanda.  These include:

Develop a qualitative operational risk assessment approach and implement.  This approach should enable a quick review of key functions and standards to identify weaknesses, monitor progress over time, and provide management with a representation of operational risk.
Assess and improve integrity of daily risk reports, i.e. require confirmation that all books are captured, aggregated and processed through RisktRAC, CreditAg, and Infinity applications
Ascertain the extent of spreadsheet usage across Enron and develop the ability to monitor NOP, V@R, and MTM for spreadsheets separately, i.e. a Spreadsheet DPR.  Work with GRMO to develop "rules of use" for financial valuation models and spreadsheet "books"
Utilize the existing RMS database and develop the ability to monitor intercompany - interbook activity (initially for forward positions only) and report variances
Recommend metrics for quantitative measurement of operational risk
Access need for additional or improved risk databases

Wanda will be contacting each of you to identify your designated operational risk contact that will participate on this cross-functional team.

Thanks,

Rick Buy


<<AB Power Fax for 26/11/01>>  <<AB Power Fax for 27/11/01>>  <<AB Power
Fax for 28/11/01>>  <<AB Power Fax for 29/11/01>>  <<AB Power Fax for
30/11/01>>  <<AB Power Fax 3/12/01>>  <<AB Power Fax for 4/12/01>>

----------------------------------------------
Clinton Kripki
GFI Group Inc.
Phone:  212 968 2813
email:  clinton.kripki@gfinet.com
website:  www.gfinet.com

***************************************************************
Confidentiality note: This e-mail contains information from the
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***************************************************************

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---------------------- Forwarded by Eric Bass/HOU/ECT on 01/09/2001 09:26 AM
---------------------------

"K. Bass" <daphneco64@bigplanet.com> on 01/09/2001 09:18:22 AM
Please respond to "K. Bass" <daphneco64@bigplanet.com>
To: Jason Bass <jbass1@houston.rr.com>
cc: Eric Bass <Eric.Bass@enron.com>, "Larry W. Bass"
<lwbthemarine@bigplanet.com>
Subject: Re: My Resume

Hi Jason,
?
Sorry I didn't see your message til late  yesterday.? I've been researching
our family tree and have been totally  consumed.? I believe I've traced it
back to 1658 on your Grandpa's  side.? Isn't that fascinating?? I began this
project for you and Eric  but, in the process, I have become consumed.? It's
very, very  interesting.? I will organize all of this in the future so you
and your  brother have it.? Part of the inspiration came from a book Shanna
gave me  for my birthday.? I started to fill in some of the blanks about our
family  and couldn't remember what Grandpa had told me.? I was saddened by
this and  now he is gone and I cannot ask him anymore.? So, I decided to do
something  about it. Our old family bible from 1853 gave me a good starting
point.
?
About your resume.? I think it is wonderfully  done.? I spoke with Dad and he
told me about his comments to you.? I  agree.? There is so much more about
you that is good.
?
Have a good day and I'll talk to you soon.?  I'm going to copy this to Eric
so I don't have to write it all over.? Off  to the cemeteries I go!!
?
Love you, Mom
----- Original Message -----
From:  Jason  Bass
To: Jason Bass ; lwbthemarine@bigplanet.com
Cc: Eric.Bass@enron.com ; daphneco64@bigplanet.com
Sent: Monday, January 08, 2001 9:10  AM
Subject: Re: My Resume

Let me actually attach the file this time  :-)
----- Original Message -----
From:  Jason  Bass
To: lwbthemarine@bigplanet.com
Cc: Eric.Bass@enron.com ; daphneco64@bigplanet.com
Sent: Monday, January 08, 2001 9:10  AM
Subject: My Resume

Would you do me a favor and look this over and  tell me things I should
change?? Please send it back to this  address.? You can make the changes in
the document and send the changed  document back.?  Thanks.


Reservation status has changed. Details of the reservation are listed below:
ASSIGNMENT_REF = 30194
SELLER_CODE = AZPS
SELLER_DUNS = 958982563
CUSTOMER_CODE = EPMI
CUSTOMER_DUNS = 848921276
AFFILIATE_FLAG = 0
PATH_NAME = W/AZPS/AZPS-AZPS/FOURCORNE345 - PNPKAPS230//
POINT_OF_RECEIPT = FOURCORNE345
POINT_OF_DELIVERY = PNPKAPS230
SOURCE = FOURCORNERS
SINK = PNPK
CAPACITY = 25
CAPACITY_REQUESTED = 25
SERVICE_INCREMENT = HOURLY
TS_CLASS = FIRM
TS_TYPE = POINT_TO_POINT
TS_PERIOD = OFF_PEAK
TS_WINDOW = FIXED
TS_SUBCLASS = WHEEL
NERC_CURTAILMENT_PRIORITY = Nerc Priority 1
OTHER_CURTAILMENT_PRIORITY = Default
START_TIME = 04/24/2002
STOP_TIME = 04/24/2002
CEILING_PRICE = 1.95
OFFER_PRICE = 1.95
BID_PRICE = 1.95
PRICE_UNITS = $/mW
PRECONFIRMED = YES
ANC_SVC_LINK = N/A
ANC_SVC_REQ = N/A
POSTING_REF = 0
SALE_REF =
REQUEST_REF =
DEAL_REF =
NEGOTIATED_PRICE_FLAG =
STATUS = CONFIRMED
STATUS_NOTIFICATION = lisa.gang@enron.com
STATUS_COMMENTS =
TIME_QUEUED = 04/23/2002

TIME_OF_LAST_UPDATE = 04/23/2002
PRIMARY_PROVIDER_COMMENTS =
SELLER_COMMENTS =
CUSTOMER_COMMENTS = For questions, please call(503)464-5070
SELLER_NAME = AZPS
SELLER_PHONE = 602.250.1128
SELLER_FAX = 602.250.1155
SELLER_EMAIL = oasisadm@apsc.com
CUSTOMER_NAME = Enron Power Marketing, Inc.
CUSTOMER_PHONE = (713)853-3801
CUSTOMER_FAX = (713)646-8272
CUSTOMER_EMAIL = bill.rust@enron.com
REASSIGNED_REF = 0
REASSIGNED_CAPACITY = 0


Dana -

Thanks for your comments.  As to the name, that is taken care of.  As to
Paragraph 2, I believe the language merely requires that the fact that
disclosure of the Confidential Information (CI) has been made, that a review
of the CI is underway or that discussions between the parties are underway
(including the status of these discussions) are the only things prohibited by
this provision.  It does not say that the existence of the agreement cannot
be disclosed.  If there is any particular part that you find objectionable,
let's talk about it as this is a provision that is fairly standard for Enron
and carries some importance.

Mark
Senior Counsel, EWS
Phone:     713-345-8897
Facsimile: 713-646-3490
E-Mail:      Mark.Greenberg@enron.com

	"Dana C. Grogan" <dcgrogan@cmsenergy.com>
	05/11/2001 08:52 AM

		 To: Tana.Jones@enron.com
		 cc: "Debbie T. Adams" <dtadams@cmsenergy.com>, Stephen.Abbanat@enron.com,
Mark.Greenberg@enron.com
		 Subject: NDA - CMS Energy - Panhandle Pipe Line Companies

  This agreement should be in the name of Panhandle Eastern Pipe Line
Company.

We want to strike item #2.  The language provides that we will not disclose
the "existence" of the confidentiality agreement.  Normally, we only agree
not to disclose the confidential information.

If these changes are acceptable, we will be ready to arrange a meeting.

If you have any questions or comments, please contact me.

Dana Grogan
dcgrogan@cmsenergy.com
(713) 989-7230

Tana.Jones@enron.com on 04/03/2001 01:10:13 PM

To:   tsmehta@cmsenergy.com
cc:   Stephen.Abbanat@enron.com, Mark.Greenberg@enron.com
Subject:  NDA - CMS Energy - Panhandle Pipe Line Companies

At the request of Stephen Abbanat, I am attaching our proposed form of
Non-Disclosure Agreement.   We would appreciate it if you could please
verify whether "CMS Energy-Panhandle Pipe Line Companies" is the correct
legal name of your company.  If you have any comments or questions, please
call Mark Greenberg, Senior Counsel, at (713) 345-8897as I will be on
vacation the rest of this week.

(See attached file: cms energy.doc)

(See attached file: cms energy.doc)

 - cms energy.doc


----- Forwarded by Richard B Sanders/HOU/ECT on 06/11/2001 10:50 AM -----

	"Fergus, Gary S." <GFergus@brobeck.com> 05/23/2001 07:04 PM 	   To: "Richard B. Sanders Esq. (E-mail)" <richard.b.sanders@enron.com>  cc:   Subject: FW: Summary Outline of our ongoing preservation discussions

FYI
Thanks
Gary

> -----Original Message-----
> From:	Fergus, Gary S.
> Sent:	Tuesday, May 08, 2001 1:37 PM
> To:	Andy Pickens (E-mail); Barrett H. Reasoner (E-mail); David J. Noonan
> (E-mail); Jean Frizzell (E-mail); Michael L. Kirby (E-mail); Michael
> Molland; Mike D. Smith (E-mail); Peter Meringolo; Richard B. Sanders Esq.
> (E-mail); Robert C. Williams (E-mail); Susan Bisop (E-mail)
> Subject:	FW: Summary Outline of our ongoing preservation discussions
> Importance:	High
>
> FYI
> Thanks
> Gary
>
> -----Original Message-----
> From:	Fergus, Gary S.
> Sent:	Wednesday, December 20, 2000 2:41 PM
> To:	'Richard Rochman (E-mail)'
> Subject:	Summary Outline of our ongoing preservation discussions
> Importance:	High
>
> Rich,
> 	As promised, here is my summary outline of what we discussed
> regarding preservation of data:
>
> 1.	In Portland, we proposed to handle business email related to the
> topics in your preservation letter by instructing employees not to delete
> any email sent or received for 24 hours.  Email that is personal and does
> not relate to the business topics you have identified can be kept,
> discarded etc. at the employee's pleasure.  Each day there is a backup
> made that will capture the email in those employees mailboxes.  After 24
> hours, each employee is free to manage their email box as they deem
> appropriate to the business needs (e.g. keep, discard).  From our
> conversation, I understand that you agree that this is an acceptable
> procedure.
>
> 2.	With respect to the hard drives on individual computers, you would
> like to get an organizational chart for Portland that would enable us to
> discuss 6-12 individual's computers that would be copied using ProQuest
> Drive Image Pro 4.0.  In addition, there may be some other individuals
> that you would like to have us use a software product called Robocopy to
> copy files from their hard drives onto the network.  Until we figure out
> which computers to copy etc. we will not begin this process.  We discussed
> that because of the holiday period, it may not be practical to get this
> started until after the new year.
>
> 3.	Outside of Portland, we have proposed making a snapshot backup along
> business function lines reasonably called for by the subject matter of
> your request.  We propose not to backup any other business units or
> functions.  On a going forward basis, those business functions that
> related to the subject matter of your request would be instructed not to
> delete business email.
>
> 4.	We believe that relevant database  backups have been and will
> continue to be made and preserved.
>
> 5.	When an employee runs out of hard disk space on their computer, it
> is an acceptable practice to copy files form their hard disk to the
> network (where they will be backed up) and then delete those copied files
> to make sufficient work space for the employee to work.
>
> 6.	For EES, I explained that their IT services are outsourced so we do
> not have as detailed information immediately available.
>
> As I mentioned on the phone, all of these discussions and efforts being
> made are done without waiving any objections that any of the Enron
> entities may have to your request including scope, burden, jurisdiction,
> relevance, privilege, privacy, vagueness etc. and Enron specifically
> reserves each and every right and objection it or its employees may have.
>
> Please let me know if your general understanding of our conversation is
> different than the above.
>
> Thanks
> Gary

=======================================================
This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message.

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i think i told her i have great ankles and beautiful muscle definition in my
thighs.  where should i go?  i was thinking el tiempo to drink some ritas.


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


I would like to add electronic index descriptions to the database.  Please
refernece Gas Daily publication, page three for the location of these
indices.  We can simply insert the location of the electronic index where we
currenly have the gas daily index survey language in the gd swaps in the
database.  I would like to have electronic gd swaps for the following
points.  El Paso Permian, El Paso , non-bondad, Kern River/Opal Plant, Socal
Gas, large packages.  We will need to add electronic to the product title to
differentiate between the two gd swaps.

Thanks,
Mike Grigsby


----- Forwarded by Mark Taylor/HOU/ECT on 06/08/2000 04:54 PM -----

	Daniel Diamond
	06/08/2000 11:47 AM

		 To: jgilchrist@viant.com, Bob Shults/HOU/ECT@ECT, Michael
Danielson/HOU/ECT@ECT, Kal Shah/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Mark
Palmer/Corp/Enron@ENRON
		 cc: Daniel Diamond/HOU/ECT@ECT
		 Subject: west power

Please Review

The marketer information on the last page should be taken out of the
presentation and placed as content in the appropriate section of EnronOnline.

-Dan


I am a legal assistant for Jeff Hodge.  At his suggestion,  I am contacting
you concerning the possibility of spending time with you or a trader in your
area observing "the business"  during bid week if possible, in order that I
may gain experience and information concerning gas trading.  A few hours in
the morning or whenever is best for you.

Thanks for your help!

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


Thank you for choosing Time Warner Road Runner as your high speed online
provider. Your request has been received and it is currently being processed.
A customer service professional will be in contact with you within 48 hours.
While you wait, here are answers to some of the most commonly asked questions.

Q. If I am already a Road Runner customer what will happen to my account?

A. Your account will be transitioned to the new Enron ClickAtHome rate. This
process is transparent to the end user. The difference will be seen in your
monthly bill. Keep in mind that there may still be a prorated amount due from
the previous billing method. Also, an account that is currently delinquent
cannot be transferred until the previous balance is paid in full.

Q. I,m not currently a Road Runner customer. What is the process?

A. Your address will be checked to verify Road Runner serviceability. If
serviceable, a customer service professional will contact you to set up an
appointment for a new install. There are typically two time slot options a
customer may choose, 8am ) 12 noon or 1pm ) 5pm.

Q. Are there any installation charges?

A. All Enron customers will be charged a fee of $39.95 for a standard install
(network interface card not included). Keep in mind that if you are getting
your computer through the Click at Home project, a network interface card is
already included. A standard install is one that only requires the installer
to run the cable to an outside wall. There are extra fees for a network
interface card and running the cable between an inside wall.


I have compiled a list based on the RTU variance for current mo., and the
imbalance report.  Please verify, add or update the information based on your
desk's activities.

File location :  o:logistics\admin info\mtdbal03-01.xls.  Please let me know
if you have trouble accessing the file, or have any questions.

Thank you,

Mary


We have received the executed EEI Master Power Purchase and Sale Agreement dated 8/13/01 from the referenced CP.  A copy will be scanned into Livelink.


I have attached how I would do it.  check out the red comment marks.  Do not
add day ahead + 1
I leave for Portland around 4:00

Thanks
Hunter


Jack,

Do we have another email address for Robert James?  My email to him was undeliverable.  Do you know if he will be at the meeting tonight?

Thanks, Kim.

 -----Original Message-----
From: 	McAdoo, Jack V
Sent:	Saturday, October 13, 2001 12:18 PM
To:	Donovan, Bill; Fancler, Dan; James, Robert; Jones, Robert W.- HR Exec; Kennedy, Phyllis R.; Langeland, Dianne; Steve Havemann (E-mail); Sullivan, Michael; Tom Neville; Watson, Kimberly; Hugo, Gary; Olszewski, Stephanie; Weir, Debra
Subject:	Board Agenda

The agenda for Monday's meeting is attached.

 << File: Agenda 10,01.doc >>


Michelle:

Pursuant to our telephone conversation, I am forwarding you this e-mail.  As
I advised we would like to obtain whatever information we can on a labor
situation between Midwest Generation and the IBEW in the Chicago area.

Thanks,

Jeff


Congratulations.  I really believe that the future does hold "endless
possibilities".

Tony Goncalves
---------------------- Forwarded by Tony Goncalves/HOU/EES on 12/13/2000
08:17 AM ---------------------------

Ken Lay@ENRON
12/13/2000 06:01 AM

Sent by: Enron Announcements@ENRON
To: All Enron Worldwide
cc:
Subject: Succession Plan

It is my great pleasure to announce that the Board has accepted my
recommendation to appoint Jeff Skilling as chief executive officer, effective
at the time of their next board meeting on February 12, 2001.  Jeff will also
retain his duties as president and chief operating officer.  I will continue
as chairman of the Board and will remain at Enron, working with Jeff on the
strategic direction of the company and our day-to-day global operations.

Jeff will assume the role at a time when the company is hitting on all
cylinders and is positioned for phenomenal growth.  He is clearly ready for
the job, and after 15 years as CEO of this great company, I,m ready for a
somewhat different role.

Our succession plan has been clear for some time.  This has afforded Jeff and
me the freedom to combine our strengths toward building a company that
continues to exceed everyone,s expectations, including our own.  We look
forward to furthering that relationship as Jeff expands his role.

There are no plans for any other changes in our management team nor broad
shifts in strategy and direction.

Please join me in congratulating Jeff.  I look forward to a great 2001.


Did you happen to save any of the written copies of the quotes?


Brian - It looks like there are only fax copies of the original transaction
agreement.  Also, please execute the amended and restated transaction
agreement #2 that I left with you.  Apparently they were lost in the
shuffle.  I've included my historical e-mails for your convenience....see the
bottom of the page for the current status of the paper trail!

You are welcome to forward any documents to my attention;  however,  my
responsibilities at Enron have changed.  The appropriate transport contact is
Stephanie Miller.  She will be working with Mark and Gerald.

chris
713-853-1666

---------------------- Forwarded by Chris Meyer/HOU/ECT on 02/01/2001 10:44
AM ---------------------------
From: Gerald Nemec on 02/01/2001 10:36 AM
To: Chris Meyer/HOU/ECT@ECT
cc: Mark Whitt/NA/Enron@Enron
Subject: Re: Huber Contracts

Chris,  The original transaction agreement were done via fax.  We only have
fax copies. The two amended and restated transaction agreement #2's he sent
on Dec. 21 were inadvertently not executed by Huber.  I sent them back, but
somewhere they got lost in the shuffle.  Let's have him execute the copies
you left with him.
----- Forwarded by Gerald Nemec/HOU/ECT on 02/01/2001 10:28 AM -----

	Mark Whitt@ENRON
	Sent by: Mark Whitt@ENRON
	01/29/2001 11:05 AM

		 To: Chris Meyer/HOU/ECT@ECT
		 cc: Gerald Nemec/HOU/ECT@ECT, Stephanie Miller/Corp/Enron@ENRON
		 Subject: Re: Huber Contracts

I have forwarded all the agreements I  have to Gerald.  I assume that there
is an original of the Transaction Agreement in Houston.  It was done over the
Fax.

Mark

	Chris Meyer@ECT
	01/29/2001 09:56 AM

		 To: Gerald Nemec/HOU/ECT@ECT, Mark Whitt/NA/Enron@Enron
		 cc: Jean Mrha/NA/Enron@Enron
		 Subject: Huber Contracts

Gerald/Mark - I dropped off the Huber contracts as follows:

Trailblazer Assignment and Assumption Agreement - dropped off one original
for execution.  The VP was not there to sign.  We should receive the executed
original back from Huber this week.  Thereafter, all three originals go to
Trailblazer for signature.

Capacity Assignment and Prearranged Release Agreement - gave original to
Brian Stone.

Amended and Restated Transaction Agreement #2 - Brian stated that he mailed
the two "Huber" executed originals to Mark Whitt on 12/21/00.  I left the two
(replacement) unexecuted agreements with him in the event Mark cannot locate
those mailed in December.  Mark - do you have these?  Let me know ASAP.

Enfolio Master Firm Purchase / Sale Agreement - dropped off two originals for
execution (to replace the fax'd version).  Should get back this week.

Original Transaction Agreement - Brian only has a fax'd copy.  He wants to
know if there is an original that exists.  Let me know if we have any
originals or whether the deal was originally done over the fax.

chris
x31666


I am looking for the merger documents dated 12/30/99 wherein Devon Energy
Corp. merged with Devon Energy Production Company, L.P., and PennzEnergy
Exploration and Production Company, L.L.C.  If you've got a copy can you fax
it to me via 646-3490.  Thanks!


Just to let everyone know...Sheresa got to
come home today on medication and home care
and will hopefully get to finish out her pregnancy
there in bed of course.  Caella Chappell has the
food list for dinners for them if anyone wants to
help them out.  They live in Candlelight Hills.
Keep them in your prayers.

Jill

==================================================================?This email was sent to: dfarmer@enron.com??EASY UNSUBSCRIBE click here: http://topica.com/u/?a84vNF.a9iVHm?Or send an email to: brcc.yf-unsubscribe@topica.com??T O P I C A -- Register now to manage your mail!?http://www.topica.com/partner/tag02/register?==================================================================


FYI.? The attached documents contain the errata we expect to file with the
Commission later today.? As you can see, the changes are not substantive.

-----Original Message-----
From:?? Sullivan, Glen J.
Sent:?? Thursday, April 27, 2000 5:58 PM
To:???? Cherry, Brian - TPBKC
Subject:??????? GIR

 <<ld2d-#69954-1.DOC>>  <<ld2d-#69955-1.DOC>>

Here's the draft errata filing (plus adding 2 new parties) for tomorrow.? Can
you circulate?? -- Glen

 - ld2d-#69954-1.DOC
 - ld2d-#69955-1.DOC


I've already forwarded for approval so that we can act as needed.   Once I have prelim. approval I'll forward it to you for further consideration.
H
 -----Original Message-----
From: 	Apollo, Beth
Sent:	Friday, January 18, 2002 9:49 AM
To:	McLoughlin, Hector
Cc:	Beck, Sally
Subject:	FW: Pam Carter

  Hector  -- we need to try to contact this person and bring her back  ---- there is no one here who knows how to do these things

Many of them will be in the ongoing company.

Who's approval do I need to get this done?
[Apollo, Beth]
Beth

here is a list of things Pam would be able to do if we could bring her back.  A number (Almost all) of these items are not being done.

PAM'S RESPONSIBILITIES

1.	Generated third party monthly accruals for accounting
2.	Trued up prior period accruals against actual invoices
3.	Monthly/Quarterly/Annually Department of Energy Reporting (DOE)
4.	Quarterly/Annually  Federal Energy Regulation Commission Reporting (FERC)
5.	Monthly Green Power reporting for California Energy commission (Enron Wind)
6.	Manual Downloads of customer usage/metered via CSC via utilities.
7.	Monthly California Settlement
8.	Monthly Ohio Settlement- First Energy
9.	Monthly EMPI settlement (Or New Wholesale Trading Partner)
10.	Prepare Consumption band calculations to be put on customer  invoices
11.	Prepare third party billing
12.	Spreadsheets
a.	Comparing metered vs. scheduled
b.	Original scheduled vs. final scheduled
c.	EPMI purchases/sales vs. EES scheduled.
d.	Comparing ancillary service charges to traders original deal

Please let me know what we can workout.

Thanks - MO


> Register for the FIA International Futures Industry Conference in Boca
> Raton, Florida March 13-16 by January 15 and save $100. Reserve your room
> at the Boca Resort & Club before January 25. After January 25, rooms will
> be accepted on a space available basis only.
>
> For more information and to register online, visit
> http://www.futuresindustry.org/content/view.asp?t=b
> or e-mail msaunders@futuresindustry.org
>


Dave:

Below please find the language that Mark & I propose for the EnronOnline
Markets page as well as each commodity "home" page for the web site.  Please
let us know if it looks like each such page is going to be limited in length
so that it is not necessary to scroll down to see the entire page.

Your company should not enter into any transaction unless it fully
understands the potential risks and rewards of that transaction and has
independently determined that the transaction is appropriate in light of your
company's objectives, experience, financial and operational resources, and
other relevant circumstances.  Please bear in mind that in providing this web
site, Enron is acting as a potential arm's length counterparty and not as
your company's adviser.  For further information, please see Legal and
Privacy Information [link]

Let us know if this disclaimer language will work.

Leslie


Carlo,

John Pavetto mentioned to me you and your team are presently reviewing and
proposing a few changes to our Non-disclosure Agreement.   You may contact
either Tana Jones (Legal Specialist) or Mark Greenberg (Attorney) directly in
order to address your comments or changes.    Please feel free to contact me
also for any questions, comments or scheduling.

Tana Jones - 713-853-3399
Mark Greenberg - 713-345-8897
John Allario - 713-853-4587

Best regards,

John Allario


I was kinda hoping you would fill in the blanks.


Here is the name of that guy I told you about.  I would call ASAP as mortgage rates have been moving up and down a lot.

 -----Original Message-----
From: 	"Bruff Morrow" <bruffm@hotmail.com>@ENRON [mailto:IMCEANOTES-+22Bruff+20Morrow+22+20+3Cbruffm+40hotmail+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, August 22, 2001 9:33 AM
To:	Wagner, Joseph
Subject:

joe,

Sorry it took me so long to get you this information. If you would put this
on the enron site of good deals i would really appreciate it.

BRUFF MORROW
Homeline Mortgage
3355 West Alabama Suite 970
Houston, Tx 77098
O: 713-840-9595
C: 713-927-5119

If you have any questions call me.
Thanks,
Bruff

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


Dick,

The attached document contains the correlations of  Tissue prices vs, RISI NBSK, High Grades price, and Mixed papers Index

Monika


I wuzn't invited to the wedding.  AND when you sit down and think about the
hedges and transport stuff, you will be surprised at how much stuff you
remember.

The quickest way to learn transport???  Get copies of the invoices.

And guess what, I got another compliment on my sweat pants  on Saturday!!!

"Veselack, Joni" <joni.veselack@neg.pge.com> on 02/16/2001 07:22:15 AM
To: "'Chris Germany'" <chris.germany@enron.com>
cc:
Subject: Chrisssssssssssssssssssyyyyyyyyyyyyyyyyyyyyyyy

Hey.... what's going on??? Are you going to Clarissa's wedding????

Boy... I sure wish I would have listen to you when you were teaching me
storage, hedges, transport.... all the crap. Have no clue what I'm doing
now... but its fun trying to figure it out!!!!

PG&E National Energy Group and any other
company referenced herein that uses the PG&E name or
logo are not the same company as Pacific Gas and
Electric Company, the regulated California utility.  Neither
PG&E National Energy Group nor these other
referenced companies are regulated by the California Public
Utilities Commission.  Customers of Pacific Gas and Electric Company
do not have to buy products from these companies in order
to continue to receive quality regulated services from the utility.


I am planning to take vacation Sept. 6-8.


Steve - when you get a chance, please take time to read David Merrill's
status report below.  Frankly, I think he is trying his best to get on top of
the EBS tasks we have given him.

HOWEVER, having said that, and before having received his report below, I was
going to write you an e-mail indicating that I am afraid we cannot continue
to keep David in this role.  I just returned from Tokyo (office opening,
meetings, etc.).  There, I saw Sanjay, who confirmed his imminent new role
for EBS Asia, Anthony Duenner (President, EBS Asia), and Bill White, head of
EBS Asia Trading.  David simply does not enjoy the confidence of his
commercial clients in EBS, and, notwithstanding my comments above about the
level of his effort, I do not see turning this around.  His problem is not
any single one thing, but a cumulation of things, which I list below, but I
think it is the totality that feeds the general view:

1)  He was probably only a decent fit with the old Enron APACHI, when it was
asset-focussed, and he could use his diplomatic experience to open doors for
projects.  Even then, he was never an "Enron" person, in terms of our
culture, and being isolated in Singapore has probably not helped to get him
inculcated in the company culture.  With EBS and Enron Asia taking a much
more "merchant" business focus, he just does not get it.

2)  Chris Hunt (APACHI), and Jim Row (ex-EBS) encoureaged him to
develop/pursue origination leads.  EBS does not want him doing that, and the
asset-focussed stuff he keeps tossing the way of the enrgy groups is grating
to them, given that they simply see him as not getting the message that the
company has moved away from  assets.

3)  Bill White tells me that he (David) has not performed well in a meeting.
It is a single data point, but Bill is also known to me from Enron Europe
days, and he is not a particularly critical person.

4)  David only exacerbates this by being insecure about his role, and trying
too hard to sell himself to the clients/customers internally, and they find
this teidous.

5)  Frankly, though it is not the only source of David's problems, I think he
was ill-served by Donald Lassere and XiXi (the associate), who I am confident
conducted what is know here as a "whispering campaign", i.e., "he does not
know what he is doing", "he is not an expert in the filed", and generally
acting like a pair of juveniles when it has come to any effort to bring a
sense of stability and order to the clients, e.g., "don't know what I am
supposed to be doing".

In any event, I simply do not see much prospect of persuading the EBS people
to give David a chance, and I think I will be doing myself no favours with
them by pushing it.  SO, either we find another role, e.g., in in Washington,
and I am nor sure they need someone with David's skill sets, or we let David
go.  Your thoughts?

In terms of supporting EBS Asia, I think the new guy I hired here in London
could do it quite capably, but all of the biz is either in Houston, or I am
told Sanjay is contemplating a move to Singapore, so, in eitheerr case, my
guy here can probably not be effective from the standpoint of being read into
the business.  From where I am, I would prefer to have someone in Singapore
or Tokyo, rather than Houston, but the people in Houston may want someone
closer to them (I frankly think it is a mistake to try to build a business in
Asia from Houston).  Sanjay mentioned the guy who is his General Counsel at
Dabhol Power Company, and I will discretely check with Jane Wilson on her
impressions (but he will not be "communications" literate/specialised).

Look forward to your ideas.   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 05/11/2000
10:40 ---------------------------

David Merrill@ENRON_DEVELOPMENT
05/11/2000 07:05
To: Mark Schroeder@ECT
cc:

Subject: Status Report

Mark:  Here is a status report:

I  met with Anthony Duenner Friday in Korea.   He approved expenses from
his budget for (1) some of the consulting work in Hong Kong that needs to be
done,
(2)  Korean work with a law firm to see if we can get a new decision on
bandwidth
trading,  (3) continuing expenses of the present tariff consultant in
Japan.   I have
done separate e-mails on (1) and (2), copied to you.   So that concern is
taken care of.

Everything seems to be going very well so far in the new assignment.   Thanks
for
giving me the lead.     Here is country by country status:

Korea:    I went up the learning curve a lot on the Korea trip (see sep
e-mail on the
regulatory problem we discovered and proposed strategy to deal with it).   I
now feel
very much on top of Korea.   Will go back to advance the work on overturning
the
adverse regulatory ruling.   To my mind this is exactly what a regulatory
review should
do - - identify regulatory risks before we go in.

Hong Kong:   We have identified somebody in EBS to do the system
configuration report.
I am going to go up there to advance the tariff submission that is due before
year end.

Japan:   I need to get up there and get up to speed on what the consultant is
doing on tariff and
terms and conditions.

Singapore:  I am reminding the lawyers to get a corporate entity selected so
we can
proceed with a license and tax incentive application.

Taiwan:   I will be doing a Taiwan regulatory review similar to Korea but
lower priority.
Will probably be January.   Also was approved by Duenner.   Never did find
out what his
people did there, but I will.

David


In case you have an opening....

 - resume.doc


Good Morning Everyone!

Please forward your time to me ASAP (today).  The deadline for time entry is
tomorrow, August 1st at 3:00 p.m.

Thank you.

E


I'm slow, but I catch on eventually.  Steffes was fired up when he called.
Sounds like the meeting went pretty well.  Have a good weekend.

Best,
Jeff

	Richard Shapiro
	10/06/2000 10:25 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc: skean@enron.com, rshapiro@enron, Karen Denne/Corp/Enron@ENRON,
mpalmer@enron.com, James D Steffes/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT
		 Subject: Re: Coffee w/Rebecca

Jeff is a very smart guy!

From: Jeff Dasovich on 10/06/2000 04:02 PM
Sent by: Jeff Dasovich
To: skean@enron.com, rshapiro@enron, Karen Denne/Corp/Enron@ENRON,
mpalmer@enron.com, James D Steffes/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT
cc:

Subject: Coffee w/Rebecca

Rebecca Smith called.  She wants to have coffee on Monday at 10 AM
California.  Topics:  1) How California got here.  2) How California can get
out of it.

Any chance of talking Monday AM prior to 10 AM California time?  I think I've
got the messages pretty well down, but might be useful to touch base.  Let me
know.

Hear's a message I'm practicing:

"Shapiro and Steffes went to FERC on Friday----problem solved."

Best,
Jeff


Hi Nancy,

I've misplaced your direct line - could you email it to me?

The travel schedules of the Enron delegation are becoming complicated.  Would
it be possible for you to travel with us to Richmond tomorrow night?  That
would give us more flexibility in case we need to convene before the meeting
on Thursday.  We are staying at the Marriott in Richmond.

Thanks,

Kay
713 345 7566


---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/12/2000 12:27
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     12/12/2000 11:14 AM

To: undisclosed-recipients:;
cc:
Subject: DJ US Energy Secretary Warns Pwr Producers In West On Prices

18:59 GMT 12 December 2000 DJ US Energy Secretary Warns Pwr Producers In
West On Prices
WASHINGTON (Dow Jones)--As California's electricity system teeters on the
brink of collapse, U.S. Energy Secretary Bill Richardson warned power
producers not to attempt to take advantage of the power-supply crisis.
"I am very concerned about the condition of power markets in the West.
Electricity supplies in parts of the region are tight and prices charged for
wholesale power in the region continue to spiral out of control," Richardson
said in a press release late Monday.
Richardson urged power providers not to attempt to take advantage of the
crisis by price gouging.
"While I have no specific knowledge of any such activities, it is important
that generators located throughout the region and in Canada and Mexico
understand that the administration won't tolerate any actions designed to
take advantage of the situation," Richardson said.
The energy secretary criticized a decision by Kaiser Aluminum Corp. (KLU) to
shut down an aluminum smelter in the Pacific Northwest that receives
low-cost power from the Bonneville Power Administration and resell that
power in open markets for a profit of $52 million.
"I have instructed Bonneville to explore all necessary actions to prevent
Kaiser from remarketing this power," Richardson said.

   -By Bryan Lee, Dow Jones Newswires; 202-862-6647; bryan.lee@dowjones.com

(END) Dow Jones Newswires 12-12-00
1859GMT Copyright (c) 2000, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.


Greetings!

  Today's EarthSat 6-10 and 11-15 maps:

Possible EarthSat's 6-10 for tomorrow:

Sunday Video Briefing is located in the Afternoon Video link on Research and
Gas Fundamentals
Web Pages.

Jose Marquez


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/21/2000
05:46 PM ---------------------------

Stinson Gibner
12/21/2000 10:28 AM
To: John J Lavorato/Corp/Enron@Enron
cc: Vince J Kaminski/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT
Subject: 2nd last day simulations

John,

In general, results are not too different from last day roll.    For "no
roll" and "roll same position" strategies, the 2nd last day seems to
outperform slightly more often.

Let me know if you would like to
1) look at quarter to quarter earning volatility of these strategies or
2) look at effect of incorporating some transaction costs for
rolling/liquidating positions.

--Stinson

Normal Roll No Roll  Fill Gap