Your message did not reach some or all of the intended recipients.

      Subject:	May 17,, 2001 Gas Daily Pricing
      Sent:	5/16/2001 1:39 PM

The following recipient(s) could not be reached:

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=thaywood@ftenergy.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=tcastleman@ftenergy.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=dina.omeara@dowjones.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=john.edmiston@dowjones.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=prices@intelligencepress.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=kelley_doolan@mcgraw-hill.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P

      c=GB;a= ;p=Enron;o=EU;dda:SMTP=liane_kucher@mcgraw-hill.com; on 5/16/2001 1:40 PM
            A configuration error in the e-mail system caused the message to bounce between two servers or to be forwarded between two recipients.  Contact your administrator.The MTS-ID of the original message is:c=US;a= ;p=ENRON;l=NAHOU-MSMBX03-010516183923Z-4460
            MSEXCH:MSExchangeMTA:EU:EULON-MSCNX04P


Joan,  Attached is the agency agreement form.  The form still refers to TBI Field Services.  This should be revised to reflect the current owner of the system.  Can you provide that info.


No, I won't be using.

 -----Original Message-----
From: 	Ochoa, Amy
Sent:	Wednesday, June 13, 2001 9:58 AM
To:	Presto, Kevin M.
Subject:	Astros Game

Kevin, you have been given one ticket to the game from the Services Desk.  Please let me know by July 10 if you will be using your ticket.  Open the following attachment for more details.   Thank You,  Amy Ochoa
 << File: Astros Game.ppt >>


The Wellness Department has scheduled a blood drive on Thursday, March 14, from 10 a.m. to 3 p.m.  An M.D. Anderson Blood Center mobile coach will be parked on Andrews Street in front of Enron Center North to accommodate donors.  Call the the Health Center at ext. 3-6100 or send an email to mailto:health.center@enron.com to schedule an appointment.  If you need additional information, visit http://hrweb.enron.com/wellness/healthService/bloodDrive.asp.


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 04/13/2000
04:34 PM ---------------------------

	Enron North America Corp.

	From:  Maria Sandoval                           04/13/2000 01:29 PM

To: Andrea R Guillen/HOU/ECT@ECT, Phenicia Olivier/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Cassandra S
Dutton/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT, Angela Henn/HOU/ECT@ECT,
Melba Lozano/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT,
patty.soria@halliburton.com, elizabeth.gutierrez@eott.com, Judy
Hernandez/HOU/ECT@ECT, Elizabeth Soto/HOU/ECT@ECT, amolina@unifirst.com,
apena26@hotmail.com, Pamela Sonnier/HOU/ECT@ECT, Brenda
Barreda/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Yolanda Pena/Corp/Enron@Enron
cc:
Subject: FW: : Rescuing Hug

---------------------- Forwarded by Maria Sandoval/HOU/ECT on 04/13/2000
01:29 PM ---------------------------

Yolanda Sandoval <Yolanda.Sandoval@Halliburton.com> on 04/13/2000 01:18:50 PM
To:
cc:
Subject: FW: : Rescuing Hug

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

 <<RESCUINGHUG.JPG>>

 - RESCUINGHUG.JPG


I am giving a speech in Santa Fe in a couple of weeks.  One of the points
that I want to make is that California set up the rules, made a strategic bet
to go short, decided to buy all of their power on the spot market, and is now
crying that their massive bet didn't work.  I remember reading an article in
the San Diego Tribune from sometime in 1998 or 1999 with a quote from Steve
Peace.  Peace talked about how the state of California ripped off a bunch of
dumb out of state generators and wisely solved their stranded cost problem.
Does anybody remember this article?  Does anybody have this article?  Is
there a service that we can use to find it if we don't have it?  Let me know.


And what exactly did we mean by "English major finally coming into use"??

Anyways, it sucks that most all of the UT games out here are on friggin Pay
Per View.  But I think I will have the distinct pleasure of getting to watch
the UT-A&M game in a house full of A&M officers so I hope we do well.

If my leave gets approved and I can find a ticket in, I should/may be in
town from the 23DEC to 1JAN.  I'll know by tue or wed and let ya know.

What's been up with you, how's Enron treatin ya?

Brett
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

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http://profiles.msn.com.


Please set up a meeting next week with Randy and Michelle and Dan to briefly
review the issues below.    Mark
---------------------- Forwarded by Mark E Haedicke/HOU/ECT on 05/10/2000
10:05 AM ---------------------------

Randal Maffett
05/09/2000 09:38 AM
To: Mark E Haedicke/HOU/ECT@ECT
cc: Beth A Ryan/HOU/ECT@ECT
Subject: URGENT - Ecogas HR-related issues

Mark - yesterday, I gave an update/projection presentation to Delainey,
Donahue and Bowen and as you know part of it included the status of the
various HR related issues (harassment, dismissals, etc...).  Hopefully,
you're aware that Michelle Cash, Dan Lyons and Butch Hayes (Fulbright &
Jaworski) have been guiding me all along and are fully up to speed.  However,
Delainey wants me to get with you to make sure you're 100% in the loop as
well.

Let me (or Beth) know what's convenient for you and I'll flex my calendar as
much as possible.

Thanks, RANDY


We have received a partial plot of the subject property which confirms the aforementioned gas pipelines (2-34" PG&E lines, 1-30" EPNG line and 1-42" Mojave line).  There is no indication of a SoCal line on the plot.  The owners of the property stated that no SoCal line, other than a small 3" gas sales line, was located on their property.  They did not know where SoCal was located.  Can we get a SoCal map of the area?  It appears that the small gas sales line runs toward the city of Mojave, perhaps connecting to other sales lines.

	Bob Jacobs 02/16/2001 02:15 PM 	  To: Rick Suderman/Bakersfield/Eott@Eott  cc: Bob Burleson/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Diane Corbett/Long_Beach/Eott@Eott, John Will/ENRON@enronXgate, Kenneth Chow/ET&S/Enron@Enron, Kevin Hyatt/ET&S/Enron@Enron, Larry Garrett/Long_Beach/Eott@Eott, Randy Lagrimini/ENRON@enronXgate, Randy Rice/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Roy Hartstein/ENRON@enronXgate, Susan Ralph/Houston/Eott@Eott  Subject: Re: Gas Injection Project

Thanks Rick and Larry,

It seems to me that a crucial next step is to receive tentative approval for injection of BTUs into PG&E, Mojave and SoCal gas pipelines.  This site is ideal in terms of the required investment needed to implement the strategy.  Additionally, our commercial relationship with Paramount could expedite the necessary agreements.  When is our next status meeting ?  Kevin, any word from Enron about the long term spread between Henry Hub and Cal border ?  Does Enron have a preferred consultant that can give us a long term look ?

	Rick Suderman 02/16/2001 12:36 PM 	  To: Bob Jacobs/Long_Beach/Eott@Eott  cc: Bob Burleson/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Diane Corbett/Long_Beach/Eott@Eott, John Will/ENRON@enronXgate, Kenneth Chow/ET&S/Enron@Enron, Kevin Hyatt/ET&S/Enron@Enron, Larry Garrett/Long_Beach/Eott@Eott, Randy Lagrimini/ENRON@enronXgate, Randy Rice/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Roy Hartstein/ENRON@enronXgate, Susan Ralph/Houston/Eott@Eott  Subject: Re: Gas Injection Project

This is summarizing the tour of the Mohave facility on that Larry Garrett and I attended yesterday.

The facility has the track, and room to off-load up to 90 rail cars at one time if necessary. There are three tracks running in parallel, with each track holding 30 cars each. Currently none of the track is being used. With this capacity, the need for storage will be minimal if any, but there is more than enough room to build storage if necessary.

As Bob stated, on this property there is two PG&E gas lines, Mohave gas line, the 30" El Paso Natural gas line also passes through the site. The High pressure Socal gas line does not appear to pass through the property but must be in the area somewhere, as the plant purchases gas to operate there heaters from Socal.

If any or all the company's who have lines in the area, PG&E, Mohave, El Paso, Socal, are interested in this project, this site is ideal. Paramount Refining is very receptive as the rail rack is currently not in service.

Who knows how much gas flows through this area? To give you some idea, this site is located on the 15 highway just south of the town Mohave. The ROW for the El Paso gas line (All American) passes through the site and crosses the 15 headed West.

	Bob Jacobs 02/01/01 03:58 PM 	  To: Randy Lagrimini/ENRON@enronXgate@ENRON  cc: Bob Burleson/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Diane Corbett/Long_Beach/Eott@Eott, John Will/ENRON@enronXgate, Kenneth Chow/ET&S/Enron@Enron, Kevin Hyatt/ET&S/Enron@Enron, Larry Garrett/Long_Beach/Eott@Eott, Randy Rice/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Rick Suderman/Bakersfield/Eott@Eott, Roy Hartstein/ENRON@enronXgate, Susan Ralph/Houston/Eott@Eott  Subject: Re: Gas Injection Project

Gang,

Just spoke to a representative from Paramount Refining about setting up a tour to look at their Mojave facility.  They are very receptive and flexible about timing.  Please give me the most convenient date for this tour and I'll set it up.

For your information:  on their property PG&E has two 34" gas lines and Mojave has a 42" gas line.  Can anyone estimate the total flow through these 3 lines ?  My contact indicates that Paramount has unused rail capacity and plenty of space to construct tanks.

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


We have re-drafted various sections of this to incorporate Steve's comments.
So I think we are finally there.

What's next??

Seabron

This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
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e-mail, you are hereby notified that any dissemination, distribution or
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If you have received this e-mail in error, please immediately notify me at
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Seabron Adamson
Frontier Economics Inc
Two Brattle Square
Cambridge, MA 02138 USA
Ph:  (617) 354-0060
Fax: (617) 354-0640
seabron.adamson@frontier-economics.com

www.frontier-economics.com

 - 01-07-07-SA Draft policy paper - revised.doc


> Welcome to Alamo's Quicksilver service!
>
> We are in receipt of your Quicksilver Master Rental Agreement Profile
> (MRA) enrollment form.  You are now enrolled in Alamo's Quicksilver
> service.
>
> Your Quicksilver I.D. Number is:	F51AGDP4
>
> You may begin using Quicksilver immediately by following these steps:
>
>       1.	Call your travel agent or Alamo at 800-882-5266 to make a
> reservation 	or visit us at alamo.com.  Please be sure to provide your
> Quicksilver 	I.D. Number.  (We have already added your I.D. to your
> upcoming 	reservation(s) where applicable).
>
> 	2.	Proceed directly to the Quicksilver kiosk and insert your
> credit card.     	Choose from available options or simply print your
> rental contract.
>
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> complete your 	Quicksilver enrollment.  The kiosk will print this
> form at the time of 	your rental.  Please hand this signature form to the
> designated Alamo 	representative.
>
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> begin renting immediately by using the credit card(s) listed in your
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> rentals initiated with the Quicksilver card will be billed to the first
> credit card listed; rentals initiated with the pre-registered credit card
> will be billed to that credit card.
>
> Thank you for choosing Alamo.


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
08/24/99 03:22 PM ---------------------------

Janet H Moore
08/24/99 02:32 PM
To: Lynda Clemmons/HOU/ECT@ECT, Michael Corbally/HOU/ECT@ECT, Lawrence
Lawyer/HOU/ECT@ECT, Marty Malinow/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT,
Mark - ECT Legal Taylor/HOU/ECT@ECT, mbutch@skadden.com, rbaird@velaw.com,
etell@exchange.ml.com
cc: Chaundra Woods/HOU/ECT@ECT, Kim Zachary/HOU/ECT@ECT
Subject: Critical Tornedo Meetings on Wednesday/Thursday

There will be meetings in Houston at Enron to discuss the new draft of the
Offering Memo and the To Do Checklist as follows:
1.  Wednesday, August 25th, 2pm-7pm, in EB2868; and
2.  Thursday, August 26th, 8AM-10:30AM in EB 27c1, and continuing after
10:30AM in EB2868.

The Wednesday afternoon meeting is the MOST CRITICAL because Larry, John
Osborne of Skadden, and a few others are only available to meet on Wednesday.
Please make every effort to attend.  In addition, please review prior to the
meeting not only the revised OM, but also the checklist, a revised version of
which will be distributed later today to include Bob Baird's and my addition
thoughts.

For those flying in from NYC, when you reach the Enron Building, please have
Enron Security call Larry's assistant, Kim Zachery, at 853-1971, who will
meet you on the 28th floor.  In her absence, please have Security contact my
assistant, Chaundra Woods, at 345-7621.


Nicole Mendez
Sr. Administrative Assistant
EWS - Financial Operations
EB 2375D
Phone: 713-853-1431
Fax: 713-646-5997

>"I Love Ya'

 Suppose one morning you never wake up; do all your
> >  friends know you love them? I was thinking...I could die today,
> >  tomorrow
> >  or
> >  next week and, I wondered if I had any wounds needing to be healed,
> >  friendships that needed rekindling, or three words needing to be said.
> >  Sometimes, "I love you" can heal & bless. Let every one of your
> >  friends
> >  know
> >  you love them. Even if you think they don't love you back, you would
> >  be
> >  amazed at what those three little words and a smile can do. Just in
> >  case I die tomorrow.....I LOVE YA!!!  Send this to at least 4 people
> >  you love and send it back to the person who sent it to you.
>

*****************************************************************************
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aggiornamento (a-jor-nuh-MEN-toh) noun

   The process of bringing an institution or organization up to date;
   modernization.

[Italian, from aggiornare, to update : a-, to (from Latin ad-) + giorno,
day, from Latin diurnus, daily.]

   "He (Jay Josen) terms journalism a hidebound profession to which he is
   offering an aggiornamento, to engender a `healthier public climate.'"
   E.F. Porter, Rosen's civic journalism counter to good journalism,
   St. Louis Journalism Review, Dec 1999.

This week's theme: words from the Italian language.

.............................................................................
Some painters transform the sun into a yellow spot; others transform a yellow
spot into the sun. -Pablo Picasso (1881-1973)

Have you checked out AWADtalk, the new bulletin board for all things word?
It's your place to share opinions, ask questions, answer queries, or just
sit around and see what others are saying. Join AWADtalk, the online
community for linguaphiles from around the world: http://wordsmith.org/board

Pronunciation:
http://wordsmith.org/words/aggiornamento.wav
http://wordsmith.org/words/aggiornamento.ram


Does not include gas-fired cogens.  Agreement requires PUC approval.  I
believe that it's an all-in price, but I'll check.

Best,
Jeff

	Greg Wolfe/ENRON@enronXgate
	06/21/2001 09:28 AM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: RE: SCE Reaches Agreement With QFs

Jeff:

Does the term renewable refer to only wind/biomass? or does it include the
gas fired cogen's. The answer to this is extremely important? How soon can
you answer this question? What part of the contracts require CPUC approval
(the fixed price?) Is the fixed price the energy component only or does it
include the capacity payment?

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Wednesday, June 20, 2001 3:15 PM
To: Comnes, Alan; Schwarz, Angela; Aden, Beverly; Votaw, Bill; Barreda,
Brenda; Moffett, Carol; Corbin, Cathy; Foster, Chris H.; Liscano, Christina;
Sutter, Craig; Leff, Dan; Whitehead, Debora; Benevides, Dennis; Black, Don;
Dorothy Youngblood/HOU/ECT@ECT; Huth, Douglas; Sacks, Edward; Melvin, Eric;
Dupre, Erika; Hughes, Evan; Deltoro, Fran; Muench, Gayle; Dernehl, Ginger;
Savage, Gordon; Buchanan, Harold; Kingerski, Harry; Iris Waser/HOU/EES@EES;
Steffes, James; Lewis, James; Wright, James; Messina, Jeff; Blachman, Jeremy;
Hewitt, Jess; Hartsoe, Joe; Denne, Karen; Bass, Kathy; Dodgen, Kathy;
Gustafson, Ken; Hughes, Kevin; Lopez, Leasa; Botello, Leticia; Muller, Mark;
Suggs, Marsha; Sunde, Marty; Eggleston, Meredith; Etringer, Michael; Mann,
Michael; Cisneros, Michelle D.; mpalmer@enron.com; Bresnan, Neil; Hong, Neil;
Kaufman, Paul; Warren, Paula; Zdunkewicz, Richard; Leibert, Richard; Shapiro,
Richard; Hennessy, Rita; Roger Yang/SFO/EES@EES; Tijerina, Rosalinda; Sandra
McCubbin/NA/Enron@ENRON; Novosel, Sarah; Gahn, Scott; Stoness, Scott; Dick,
Sharon; skean@enron.com; Leslie, Tanya; Lair, Tasha; Ted Murphy/HOU/ECT@ECT;
Greenlee, Terri; Belden, Tim; Spruiell, Tony; Sharp, Vicki; Gorny, Vladimir;
Curry, Wanda; Bradford, William S.; Corbally, Kathryn; Whalan, Jubran; Riley,
Tony; Sanders, Richard B.; Williams, Robert C.; Wolfe, Greg; Wright, James;
VanUlden, Dirk; Walker, Steve; Rudolph, Jennifer; Wenzel, Martin; Douglas
Condon/SFO/EES@EES; wgang@enron.com; Scott Govenar; Hedy Govenar;
jklauber@llgm.com; Smith, Mike; Neslage, John; Guerrero, Janel; Eric
Letke/DUB/EES@EES; Sanders, Richard B.; gfergus@brobeck.com; Tribolet,
Michael; Frank, Robert; Sanders, Richard B.; gfergus@brobeck.com; Mara,
Susan; Holmes, Chris; Leboe, David
Subject: SCE Reaches Agreement With QFs

----- Forwarded by Jeff Dasovich/NA/Enron on 06/20/2001 05:14 PM -----

	Jean Munoz <jmunoz@mcnallytemple.com> 06/19/2001 11:47 PM 	   To: "'Andy Brown
(E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "Dean. Nistetter (E-mail)"
<Dean.Nistetter@dynegy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>,
"'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'"
<smutny@iepa.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>,
"'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'"
<john.g.larrea@williams.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'kent
Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky
(E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)"
<mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'"
<mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell
(E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom
Williams (E-mail)" <tcwillia@duke-energy.com>, "'Alex Sugaoka (E-mail)'"
<alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'"
<william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'"
<billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob
Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'"
<cody.carter@williams.com>, "'Curt Hatton (E-mail)'"
<Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>,
"'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'"
<fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'"
<dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>,
"'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'"
<eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'"
<frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)"
<frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'"
<Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim
Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'"
<jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'"
<jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>,
"'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'"
<khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'"
<kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'"
<lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'"
<marty_mcfadden@ogden-energy.com>, "'Paula Soos'"
<paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'"
<rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)"
<rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'"
<rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>,
"'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'"
<steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>,
"'William Hall (E-mail)'" <wfhall2@duke-energy.com>,
trusso@mcnallytemple.com, sadlersa@earthlink.net, mstultz@epsa.org,
rtemple@mcnallytemple.com, tracy.fairchild@edelman.com,
megan.beiser@edelman.com, deborah.fiorito@dynegy.com, lchurch@epsa.org, Katie
Kaplan <kaplan@iepa.com>, tcwillia@duke-energy.com, rwhyde@duke-energy.com,
tmcmorrow@manatt.com, Suzy.L.Rodriguez@dynegy.com, ppitts@wiredworld1.com,
mnobili@cal-lobby.com, sscsus@aol.com, kvellandi@pstrategies.com  cc:
Subject: SCE Reaches Agreement With QFs

SCE Reaches Agreement With Alternative Energy Generators

PR Newswire
06/19/01, 11:20p
(Copyright , 2001, PR Newswire)

ROSEMEAD, Calif., June 19 /PRNewswire/ -- Southern California Edison (SCE)
announced today that it has reached an agreement with most of its renewable
Qualifying Facilities (QF) power producers that addresses past payment issues
and future pricing considerations, and creates a mechanism for ending
numerous lawsuits.

"We believe this agreement will help bring stability to an important segment
of California's energy market," said SCE Chairman, President & CEO Stephen E.
Frank.

The plan was negotiated between the utility and key representatives of the QF
industry and facilitated by Governor Gray Davis' office. To date, SCE has
received signed agreements from QFs representing approximately 95% of its
renewable energy capacity and today executed those contracts. The company
hopes that the small number of remaining producers will also agree. Certain
elements of the agreements are subject to the approval of the California
Public Utilities Commission.

The plan calls for generators to provide power at a fixed price -- 5.37
cents/kWh -- over the next five years, eliminating some of the price
volatility that has plagued California's energy markets during the current
crisis. The plan stays all existing legal action, and assures that no new
legal action will be initiated unless the terms of the agreement are not met.

"The people of Edison are committed to pursuing the benefits of negotiated
practical solutions to California's energy crisis," said Frank. "The QF
agreement and the MOU, if approved, are critical steps toward resolving the
crisis. A bankruptcy, in contrast, would lead to years of delay and
uncertainty for our customers and raise serious questions about the business
climate in California."

An Edison International company, Southern California Edison is one of the
nation's largest electric utilities, serving a population of more than 11
million via 4.3 million customer accounts in a 50,000-square-mile service
area within central, coastal and Southern California.

SOURCE Southern California Edison

/CONTACT: Corporate Communications of Southern California Edison,
626-302-2255/


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

 - 10-11 1300 Report.xls


I am going to be the Senior Regulatory Counsel at ISO New England starting on
April 9, 2001.   My last day in the Portland area will be March 31, 2001.  I
enjoyed working with you and wish you the best of everything.  My new address
will be:

Mary Hain
Senior Regulatory Counsel
ISO New England Inc.
One Sullivan Road
Holyoke, MA  01040-2841
(413) 535-4000
mhain@ISO-NE.com


Please handle.
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/26/2001 11:02 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Grant, Colleen" <CGrant@caiso.com>
02/23/2001 04:34 PM

To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
CIPANTS@caiso.com>
cc:
Subject: CAISO NOTICE:  Market Participants and Scheduling Coordinators: C
PUC subpoena

 To Market Participants and Scheduling Coordinators:

The ISO received today a subpoena from the California Public Utilities
Commission along with a letter on the confidentiality provisions that will
apply to documents produced in response to the subpoena.  The subpoena and
letter are attached.  The subpoena requires response by March 1. In
accordance with the protective order in 00-08-002, the ISO will mark as
confidential documents it produces to the CPUC that contain information
subject to 20.3.2.  Concerns related to the subpoena should be directed
directly to the California Public Utilities Commission. The CPUC contact
related to the subpoena is Barbara Ferguson who can be reached at (415)
703-2682.   The ISO would appreciate being notified also of any concerns.
The ISO contacts are Jeanne Sol, at jsole@caiso.com and Norma Formanek at
<mailto:nformanek@fbm.com> nformanek@fbm.com both of whom should be copied
on correspondence.
 - CPUCSubp.pdf


Dave:
I spoke with Mark about the Federal law issue and we both feel that our
exposure is no greater than what it would be if we traded over the phone with
this counterparty.  Because they are a federal agency, there is no way around
this issue other than to not permit them to trade with us online.
Carol

	David Forster@ENRON
	05/12/2000 01:16 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 Subject: Re: Bonneville Power Administration

Carol,

- Do we really want to accept arbitration in Portland?
- What is our exposure to Federal Law?

Dave

   Carol St Clair @ ECT                05/11/2000 10:05 AM

To: David Forster/Corp/Enron@Enron
cc: Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT

Subject: Bonneville Power Administration

David:
Enclosed for your review is a draft amendment letter for the above
counterparty.  All of the requested chnages are driven by the fact that BPA
is a federal agency.  I look forward to hearing from you.
Carol


Guys, we are set up for a meeting with the ENA Office of the Chairman to
discuss ENA's generation strategy and iniatives for Thursday, July 6 th from
7:30AM to 11:00 AM.  The purpose of the meeting is to get buy -off on the
strategy and start the approval process (DASH and Board/Skilling)
specifically for Moore, LV Cogen and Pastoria.

Proposed Agenda:

 a) Overview
  - overall map
  - current turbine book

 b) West:   Calger/Parquet
  -  Pastoria - DASH and approvals;
  - LV Cogen - DASH and approvals;
  - Coyote Springs - one page update - fyi;
  - PSCo - one page update - fyi;
  - other - few pages on future development strategy in west - fyi and
approvals;

 c) Canada:  Milnthorp/LeDain
  - Project Moore - DASH and approvals;
  - other - few pages on future development strategy in Canada - fyi and
approvals;

 d) East:   Dietrich/Jacoby
  - Austin Energy - one page update - fyi;
  - Florida project - overall proposal - many pages necessary to get approval
- fyi and approvals;
  - LIPA - one page update - fyi;
  - Linden 6 - one page update - fyi;
  - other - few pages on future development strategy in east - fyi and
approvals;

 e) Mexico   Yzaguirre
  - Monterrey project - couple page update - fyi;

 f) Genco   Miller
  - overview on "Genco" strategy - fyi.

Regards
Delainey


Pro Staff will have a booth in the Plaza Tuesday, August 15th, from 10:30 -
2:00.  Please plan to visit and receive information about the services that
Pro Staff offers.  We will also have representative from our Accounting,
Engineering and IT divisions available for you to meet and visit with.  There
will be a raffle drawing, offering a chance for you to win a leather Coach
briefcase, or a pair of Astros Tickets, or a gift certificate to a downtown
restaurant.  Please bring a card with your name and phone number for a chance
to enter.  We look forward to seeing you there.


Hi Vince,

Thank you for sending me the email from Don Reid regarding the Turkey FX and
CPI curve.  I received the same email last week and the request has been
taken care of.  In fact, he had a very short time line for the request  and
had subsequently used outside forecasts for the bid.  If the deal goes
through RAC, I'm sure we'll get another request for the curve, but for now,
Don said that he doesn't need a forecast from us.

Regards,

Farouk Z. Lalji


---------------------- Forwarded by David Minns/ENRON_DEVELOPMENT on
03/06/2000 08:48 AM ---------------------------

David Minns
03/06/2000 08:37 AM
To: David Forster/LON/ECT@ECT
cc:

Subject: Re: Australian ETA

Attached are the original changes made to the ENA ETA.  This document was
sent to outside counsel for comment. The changes they suggested are are in
Annexure B to their advice that I  circulated by 28 Feb email. (I will
resend.)

his

David Forster@ECT
03/02/2000 11:35 AM
To: Mark Taylor/HOU/ECT@ECT
cc: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Australian ETA

Mark,

The ETA does contain some redlines (Tools/Highlight Changes). Not sure if
these reflect changes from NA or not - perhaps David Minns can shed some
light?

Dave

Mark Taylor
03/02/2000 01:07 AM
To: David Forster/LON/ECT@ECT
cc:

Subject: Re: Australian ETA

Dave - Do we have a copy of this marked to show the changes fromt he NA ETA?

David Forster
02/29/2000 09:55 AM
To: Mark Taylor/HOU/ECT@ECT
cc: Mark Dilworth/LON/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Sheri
Thomas/HOU/ECT@ECT
Subject: Australian ETA

Mark,

We have customers who are now filling out the new form of the Australian PA.
As a result, we will need an Online Australian ETA very shortly.

Can you please approve/disapprove of the ETA form forwarded by David Minns?
(copy attached). Once we have your approval, we will put it on the system.

Thanks,

Dave


Your kidding right?   What's the term?   Remember, I only agreed to the terms for 2001 only.

 -----Original Message-----
From: 	Marshall, David
Sent:	Tuesday, June 19, 2001 10:05 AM
To:	Presto, Kevin M.
Subject:	RE: New Albany Insurance Premium

This premium is fixed for the term and cannot be terminated

 -----Original Message-----
From: 	Presto, Kevin M.
Sent:	Tuesday, June 19, 2001 9:36 AM
To:	Marshall, David
Subject:	RE: New Albany Insurance Premium

I concur.   You know we are likely selling New Albany this week and I am assuming ENA's premium obligation can be terminated in the event of the sale of the asset.

 -----Original Message-----
From: 	Marshall, David
Sent:	Tuesday, June 19, 2001 9:18 AM
To:	Presto, Kevin M.
Subject:	New Albany Insurance Premium

Kevin,

We spoke some time ago about a proposal to buy down deductibles for our power assets and I recall receiving your authorization to proceed as respects the New Albany plant.  To recap, the deductibles under the Enron Corp property and business interruption policy were increased at the last renewal from $500,000 per occurrence to $5 million per occurrence effective March 1. We were shopping a number of options to buy this deductible down to $1 million for property damage and 30 day waiting period for business interruption.  This coverage was bound effective June 12 (the reason for the time lag is extreme volatility in the insurance market for power assets) at an allocation of $345,000 for New Albany.  I also checked with Stuart and he sees no transactional issues relative to the buydown.
I understand that you have also purchased the dual trigger BI policy that effectively mitigates this initial 30 day waiting period exposure, so the BI coverage under the corporate program applies as a further risk mitigant for the catastrophic event.

Since it's been awhile since our last conversation, I did want to reconfirm the buydown option and premium charge with you.
Please give me a call with any questions

David
3-6847


position impact?

Bryan Hull
02/22/2000 09:51 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Texas & HPLC Deals that end 2/28/00

These are done.

	Enron North America Corp.

	From:  Eric Bass                           02/22/2000 08:19 AM

To: David Baumbach/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT
cc:
Subject: Texas & HPLC Deals that end 2/28/00

Can you take a look at these deals this morning?

---------------------- Forwarded by Eric Bass/HOU/ECT on 02/22/2000 08:18 AM
---------------------------

William E Kasemervisz
02/21/2000 10:41 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Texas & HPLC Deals that end 2/28/00

The following deals have end dates of 2/28/00 and likely should be 2/29/00.
Take a look and change if necessary.

Note:  if a financial deal is associated with the deal it will likely need to
also be changed.

HPLC
83084
83088
166853
128331
157233
157284
147866

Texas
157564
124972
72047


have we reponded?
----- Forwarded by Steven J Kean/NA/Enron on 12/19/2000 10:59 AM -----

	Richard Shapiro
	12/15/2000 05:51 PM

		 To: Steven J Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Linda
Robertson/NA/Enron@ENRON
		 cc:
		 Subject: Bush/Cheney Transition: Electricity

---------------------- Forwarded by Richard Shapiro/NA/Enron on 12/15/2000
05:51 PM ---------------------------

Jkellihers@aol.com on 12/15/2000 05:48:31 PM
To: <rshapiro@enron.com>
cc:

Subject: Bush/Cheney Transition: Electricity

Rich, I am on a leave from LeBoeuf and working on the Transition Team as part
of the Energy Policy Group for the next few weeks.  We request Enron's views
on electricity issues.  I regret the short notice and tight deadline for your
response (Monday COB), but time is short and there is a need to flesh out
Administration positions and prepare nominees.  Please consider responding to
the questions as an attachment to your response, which should use the
requested template.  Until we move in the D.C. Transition office on Monday or
so, the best way to reach me is cell phone (202-255-6803) or email.
Regards.


Start Date: 4/24/01; HourAhead hour: 5;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042405.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 5 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: EES
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  UNIT_ID: BADLND_7_PL1X2

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 5 / Preferred:  43.07 / Final:  42.52)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  SC_ID: EPMI


Jim:  Thanks for following up.  Sara

	Jim Armogida@ENRON
	11/28/2000 09:49 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Rex Rogers/Corp/Enron@Enron, Stephanie Panus/NA/Enron@Enron
		 Subject: Re: ISDA Master with Lehman Brothers Finance S.A.--comments

Sara--  The arbitration set-up is OK, and JVD has approved.  My only comment
is that eight years experience may be too much to ask, insofar as the third
arbitor is concerned.   I won't have heartburn if we stick with that, but I
do suggest that the agreement provide that less experience is acceptable upon
request by the two arbitors and approval of both parties.


Souad,

We can use the Deemed ISDA format I already sent you.  And the guarantees
(when we get them) should work for allfinancial transactions.

	Veronica Espinoza@ENRON
	08/29/2000 10:27 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Souad Mahmassani/Corp/Enron@ENRON
		 Subject: Gas Natural Mexico

Tana,

Another deal was executed on 8/25/00 with  Gas Natural Mexico (#NW9602).  Can
we have this deal roll up under the pending Deemed ISDA and Gty that their
parent was to issue ENA (Use Credit Previously Provided)?

Give me a call at x6-6002 if you have any questions.

Thanks,

Veronica

---------------------- Forwarded by Veronica Espinoza/Corp/Enron on
08/29/2000 10:20 AM ---------------------------

From:  Veronica Espinoza
       08/24/2000 04:13 PM

To: Brent Hendry/NA/Enron@Enron, Susan Bailey/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron
cc: Agustin Perez/NA/Enron@ENRON, Jaime Williams/NA/Enron@ENRON

Subject: Deemed ISDA Requests--Mexico

Legal Team,

Attached below are the Credit Worksheets for the Hysla S.A. de C.V. and Gas
Natural Mexico S.A. de C.V. for the trades executed yesterday.  Please
forward Agustin Perez a copy once they are prepared.

Agustin--

Pleae forward Legal a contact name, address and phone/fax number for the
counteparts so that they can include in the documents.

Thanks again,

Veronica Espinoza


Chaz and Steve,

Here's the latest, in a nutshell.  Basically, the testing is not fully
completed, even where we might have felt that it was close (because there is
also a financial component which needs to be exercised - the TCO part of the
purchase decision).  As you know, both Randy Matson and Bob McAuliffe are out
on vacation, so getting a decision from them is not likely before Christmas.
However, it looks like there has been enough feedback to/through them to
surmise that BMC is not in the driver's seat in either situation.

In a meeting today, it became apparent that BMC's revenue opportunity with
the Net Works organization is much lower than BMC has projected to you at
EBS.  The primary opportunity for BMC in Net Works is for their Schema
Manager tool, and the rest of the opportunities look increasingly dim,
especially given the time constraints imposed in your situation.

Still, the Net Works team has not completely ruled BMC out as a potential
vendor; but neither is there a commitment (written OR verbal) to make a BMC
purchase at this point.  I will be on vacation next week, but will be
checking in on Monday the 18th and Tuesday the 19th.  Jennifer or I will keep
you posted if we are able to report opportunity changes in your favor.

I have sent you a paraphrased version of Doug's most recent communication to
me.  The overall message would apply fairly universally to the other Net
Works teams in question:  more testing, but looks like BMC's total sales
opportunity to Enron is not going to get to the amount necessary to get your
deal done.  The issues mentioned in the other summary update note from
yesterday still apply.

Thank you,

Jeff

----- Forwarded by Jeff Youngflesh/NA/Enron on 12/15/2000 05:15 PM -----

	Douglas Cummins@ECT
	12/15/2000 04:14 PM

		 To: Jeff Youngflesh/NA/Enron@ENRON
		 cc:
		 Subject: Re: BMC Summary to-date

Jeff,

We backed away from Patrol for monitoring - we feel that a competitor's
solution is a better one for us.

My group still considers BMC's Schema Manager tool to be an excellent
product, and would consider it to be a viable option for purchase.  I believe
Net Works will still evaluate more similar tools, and related design tools,
before making a decision.

Regards,
Douglas


Carin,

Please note some suggested changes in red.  Don't feel obligated to use them as is.
Let me know if you need additional infromation.

Scott


I will send out a real legislative report next week.  In the meantime, I
thought you might appreciate a quick run-down of what actually happened in
the final hours of this year's wild legislative session.

The good news is that the public benefit charge bill passed easily with a
10-year term and no statutory harm was done.  The bad news is that utilities
captured the deregulation debate and successfully painted generators as
villains and the wholesale market as "broken."

Major legislative actions on energy matters follow.  If you have any
questions or would like a copy of final legislation, please call.

AB 995 (Wright) and SB 1194 (Sher), which extend public benefit charges for
energy conservation, renewable energy development, and RD&D, passed the
State Legislature by large margins.  Recent indications are that the
Governor will sign the bills, although interested companies should join IEP
in sending letters urging him to do so.
Power plant siting was front and center the last week of the session.  As
recently as Wednesday of this week, the bill was so bad for new power plant
development that IEP opposed the expedited siting provisions.  They were
rewritten by Republican staff and CEC attorneys to provide a 6-month process
for a mitigated negative declaration of environmental impacts that might
help those few entities that can start the process in full compliance with
local rules.  This provision is available for both combined cycle facilities
and peaking facilities.  The bill also includes a provision for four-month
approval of amendments to pending applications providing for the
installation of temporary peaking generation  on sites that will be
developed into combined cycle facilities within three years.  The CEC
expects this to apply so a single pending application.  Finally, the bill
includes language directing the CPUC and the EOB to be helpful on ISO issues
that affect the willingness self-generators to remain interconnected with
the grid.
Utility efforts to craft legislation assuring them of collection of large
negative balances in their Transition Revenue Accounts failed when they
could not reach agreement with representatives of large customer groups.  In
its place, the Legislature passed a non-binding resolution directing the
CPUC to investigate the issue and including highly offensive language on
$100 price caps and retroactive recalculation of market clearing prices.
Legislation establishing a retroactive cap on SDG&E rates and providing no
assurance of cost recovery to Sempra passed the Legislature.  Companion
legislation that most observers expect the Governor to veto provides $150
million of General Fund money to SDG&E.
A draft of so-called "sunshine" legislation surfaced late in the process.
The draft empowered the Electricity Oversight Board to collect anything it
might be interested in from the ISO, PX, utilities, generators, and
marketers and to treat the information confidentially.  The draft faced
unified opposition and did not make its way into any legislation.
AB 1002 (Wright) establishing public benefit charges on the natural gas
system passed the Legislature.  It continues to include language exempting
electricity generation from the charges.

Karen Edson
kedson@ns.net
916/552-7070


For the sake of the optics of this I take it you have instructed the desk to take some of the heat out of the position ?

 -----Original Message-----
From: 	Thibodeaux, Kenneth
Sent:	Wednesday, May 16, 2001 12:27 PM
To:	Buy, Rick; Kitchen, Louise; Murphy, Ted; Port, David; Schultz, Cassandra
Cc:	Abel, Chris; Wilson, Shona
Subject:	PRELIMINARY 5-15 Gas Trading VaR.doc

Please note the attached PRELIMINARY Gas Trading VaR violation.  The VaR violation is ($94.43 million) versus a limit of ($85 million).


Joe,
I recieved your e-mail, I will read it over and give a response to it
tomorrow.

This is what I propose to you regarding payment for the nine months:

Since you did not incur any medical expenses, knowing what they could of
been I would like;

Attorney fees both Florida & Texas        $9500.00
(not including Texas fees for 8/1 and forward to finalize our case)
Back child support for 2 1/2 months        $2500.00
Half of what expenses I incurred getting ready for Payton (crib, swing,
stroller, car seat etc., etc.,)    $1500.00

I know that incurredmore expenses than this (going back & forth to doctor,
lost wages at work, etc.)

Please let me know whst your thoughts are.

Tonya
----- Original Message -----
From: "Stepenovitch, Joe" <Joe.Stepenovitch@ENRON.com>
To: <mcduff6@dellepro.com>
Sent: Tuesday, July 31, 2001 4:48 PM
Subject: FW: Payton

Tonya,

Please read this standard possession order.  This will only be used if
we don't agree to our own terms.

I'll call you tomorrow when I get the other forms.

Have a wonderful night and tell my son I love him and I miss him with
all of my heart (please give him a kiss for me!)

-Joe

>  -----Original Message-----
> From: Jonda Stowell <jls@fullenweider.com>@ENRON
> [mailto:IMCEANOTES-Jonda+20Stowell+20+3Cjls+40fullenweider+2Ecom+3E+40
> ENRON@ENRON.com]
> Sent: Tuesday, July 31, 2001 3:00 PM
> To: Stepenovitch, Joe
> Subject: Payton
>
>
> Dear Joe:
>
> I forgot the attachment.  Here it  is.
> Jonda L. Stowell
> Legal Assistant
> The Fullenweider Firm
> 4265 San  Felipe, Suite 1400
> Houston, TX  77027
> (713) 624-4100  Telephone
> (713) 624-4141 Facsimile
>  e-mail:  jls@fullenweider.com
>
>  - VISITATION-STANDARD POSSESSION ORD.doc <<VISITATION-STANDARD
> POSSESSION ORD.doc>>

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


Jeff,

If you have the tracking number for the financial info you sent, I can track it down this morning.  Let me know.

Thanks,

Kim


Me again.

Please see the second paragraph regarding the authority of the Cities and
MDEA to enter into contracts.  Your opinion would be most appreciated.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/24/2001 01:35
PM ---------------------------
From: Edward Sacks/ENRON@enronXgate on 04/24/2001 12:22 PM
To: Kay Mann/Corp/Enron@Enron, Reagan Rorschach/ENRON@enronXgate
cc:

Subject: FW: Contract comments

Definition of Event of Default - References Section 17.  I believe this
should be Section 14.  This same reference to 17 is also made in other areas
of the contract, such as in Section 15 "Termination".  Also, please note that
under Section 15, some of the Event of Default Sections numbers do not exist
(ie. 11 and 12).  Please look into these sections in their entirety.  With
respect to this section, I would like to change the cure period from 30 days
to 3 days and of course in instances of bankruptcy, misrepresenation in the
Reps & Warr, etc., there should not a cure period.

With respect to credit.  In reading the contract it seems that the
counterparty is going to be a consortium of entities (MDEA, Yazoo &
Clarksdale).  Are each of the counterparties jointly and severally liable?
Answers to the this relationship structure will be necessary prior to
proposing credit terms for both the Master Gas and Master Power agmts.  If
this is the structure, we should probably look into getting legal opinions
regarding the cities' authority to enter into such obligations.  In addition,
do the city's have authority to enter into agreements for greater than 1 yr.
In my experience with other munis, they generally are, but only at the
Enterprise Fund level (Public Utility).  Perhaps we should confirm this.  To
the extent that MDEA (stand alone) is not 100% supported by the cities, we
will need financial statements on MDEA.

Reagan - Please forward projected load schedule when completed.

Ed Sacks
x5-7712

 -----Original Message-----
From:  Rorschach, Reagan
Sent: Tuesday, April 24, 2001 8:31 AM
To: McNamara, Ron; Roan, Michael; Bentley, Corry; Comeaux, Keith; Coulter,
Kayne; Cross, Edith; Fairley, David; Herndon, Rogers; Homco, Jim; Kumar,
Madhup; Mann, Kay; May, Tom; Miller, Jeffrey; Morse, Brad; Nicolay, Christi;
Pagan, Ozzie; Podurgiel, Laura; Reeves, Leslie; Sacks, Edward; Serio, Erik;
White, Stacey; Will, Lloyd
Subject: Contract comments

Contract comments are due to Kay Mann.  If you have not sent them to her,
please do so ASAP.  She is working to incorporate all comments this morning.
MDEA will be in town tommorrow and Thursday to discuss.

Thanks,

Reagan
5.3363


Hi, I did receive information in the mail for you to complete regarding the
assignment for financial deals.

I'll bring it by in person. The physical piece has been completed.

David

From: Tana Jones on 06/01/2000 06:23 PM
To: Tom Moran/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT
cc: Susan Flynn/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT
Subject: PPL Electric Utilties Corporation

This is a consent to the physical business, not financial.  Stacy Dickson
will sign off on this as soon as she gets Credit approval, which it appears
she has not yet.
----- Forwarded by Tana Jones/HOU/ECT on 06/01/2000 06:21 PM -----

	Susan Flynn
	06/01/2000 05:54 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: PPL Electric Utilties Corporation

 TANA CAN YOU HANDLE THIS?  THANKS!

Susan D. Flynn
Enron North America Corp.
1400 Smith Street, EB3806
Houston, Texas  77002
Phone:  713-853-0975
Fax:  713-646-3490
----- Forwarded by Susan Flynn/HOU/ECT on 06/01/2000 05:54 PM -----

	Larry Joe Hunter
	06/01/2000 04:12 PM

		 To: Susan Flynn/HOU/ECT@ECT
		 cc:
		 Subject: PPL Electric Utilties Corporation

Susan,

Can you let me know if we have a recent Assignment Agreement for the above
referenced Counterparty?  We are recieving Confirmations with the 'Electric
Utilities' crossed out of their name.   Leaving the name as PPL Corporation.
These are EOL deals, therefore we cannot change this to match them unless we
have done some Assignment Agreement that we haven't seen.  Let me know if you
know anything.

Thanks,
Joe


-----Original Message-----
From: 	Feitler, Eric
Sent:	Thursday, June 21, 2001 9:57 AM
To:	Quigley, Dutch
Subject:	Trade on the Close

Mark, here are the volumes that i need to buy on the close.

 << File: 6.21.01volumes.xls >>


Look again and let me know.  I had problems seeing the volumes at first, THEN
I opend my eyes.  Makes a world of difference!

Crystal Hyde
11/08/2000 02:10 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: EGAN Storage

Chris,

I am still seeing zero volumes on those exchange tickets.  Whats up with that?


All the software you need to burn your own DVD Video, is included in our software package DVD-COPY 3.0! With detailed, easy to follow, step-by-step instructions, you can BURN your own DVD Video using nothing more than our interactive software application and your CD-R.

http://www.copymydvd.com/mydvd/

<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://i.pm0.net/remove?funnymoney:10
* Enter your email address (Andrew.H.Lewis@enron.com) in the field
provided and click "Unsubscribe". The mailing list ID is "funnymoney:10".

OR...

* Reply to this message with the word "remove" in the subject line.

This message was sent to address Andrew.H.Lewis@enron.com
X-PMG-Recipient: Andrew.H.Lewis@enron.com
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pmguid:1c.1jpx.803w8


California Dimming
The Times of India, 01/26/2001

Investors Decide to Stick with Safer Bets on Wall Street Yesterday While...
Pittsburgh Post - Gazette, 01/26/2001

I'll BE SEEING YOU IN 4 MONTHS,
The Boston Globe, 01/26/2001

The President's First Message
Buainess Standard, 01/26/2001

Your Friday Night
Lamorinda Dems Share Laughs, Rally Troops After Loss
The San Francisco Chronicle, 01/26/2001

As Demands for Energy Multiply, Farms Stage a Comeback--- Phalanxes of
Whirring Turbines could be a Partial Antidote for Blackouts in California
the Wall Street Journal, 01/26/2001

International
World Watch
The Wall Street Journal, 01/26/2001

Houston Chronicle Working Column
01/26/2001

California Dimming

01/26/2001
The Times of India
Copyright (C) 2001 The Times of India; Source: World Reporter (TM)

Those of us who couldn't conceal their glee at the world's most advanced and
powerful democracy taking weeks to count a few thousand ballots and not
getting it right, now have something more to gloat over. California,
America's largest state and "that advance post of our civilisation" as J B
Priestley called it, is in the grip of an acute power crisis. The two
companies which distribute power over most of the state are on the verge of
bankruptcy and the state government has had to come to their rescue and
disburse funds for payment to wholesale power suppliers - shades of our own
Maharashtra State Electricity Board and Enron. A state of emergency has been
declared and millions of homes and businesses are being subjected to "rolling
blackouts", or staggered power cuts. The authorities are not putting out a
loadshedding schedule for fear that it might encourage looters and arsonists
who would know that burglar alarms would be off. The clockwork-like economy
has been seriously disrupted as traffic lights, ATMs, petrol pumps and
electronic checkout counters go on the blink and Californians stock up on
flashlights, candles, generators, wood-burning stoves and firewood. At the
Folsom headquarters of Intel, the company whose chips are powering most of
the world's computers, people are carrying on gamely with their work under
dim lights.
As the saying goes, "What California is today, we shall all be tomorrow" -
hence it is instructive to understand how the state got into this mess. The
deregulation law of 1996 attempted to create a market for wholesale power by
"unbundling" the generation, transmission and distribution functions -
something that is on the anvil in India too. However, the market was
hamstrung from the beginning by various flawed policies, including a "cap"
placed on the retail power tariff and a decision by the authorities to
disallow power companies the freedom to enter into long-term contracts for
power purchase. Also, the tough environmental regulations in the state and
the attitude of many local communities ("Not in my backyard") meant that old
power plants shut down, no new ones came up, and the generation within the
state actually went down over the last ten years. As the demand increased
steadily, particularly in the Silicon Valley with its power-guzzling "data
hotels" and "server farms", the state became ever more dependent on external
sources particularly from the Pacific Northwest. Rapid economic growth in the
northern states, and low water levels this season in the hydro-power dams,
meant less surplus to California, leading to a sharp increase in wholesale
power rates. The lessons are clear - for California, and for us in India.
First, you can't legislate away economic laws - supply and demand have a way
of catching up with you. Second, as power is a capital-intensive,
long-gestation industry, the policy framework has to provide for adequate
capacity to come up over the long-term. Third, regulation can and should
smooth out price volatility, but tariff caps will only distort the market and
pave the way for systemic crises. And lastly, power is a key infrastructure
for a modern economy and there is really no alternative to a smooth
changeover to deregulated markets - the UK and many other states in the US
have successfully accomplished this.
BUSINESS
[ Investors decided to stick with safer bets on Wall Street yesterday while
... ]
HED: DOW RISES, NASDAQ FALLS,INVESTORS EYE EARNINGS, FEDBY AMY BALDWIN, THE
ASSOCIATED PRESS

01/26/2001
Pittsburgh Post-Gazette
REGION
B-15
(Copyright 2001)

Investors decided to stick with safer bets on Wall Street yesterday while
they contemplated the future of earnings and the economy. The market bid blue
chips higher, but cashed in recent gains in the battered tech sector.
Although big-name companies reported fourth-quarter results largely in line
with expectations, analysts said investors kept their focus on forecasts for
2001.
"Fourth-quarter earnings have really left the radar screen for most
investors," said Richard E. Cripps, chief market strategist for Legg Mason of
Baltimore.
The Dow Jones industrial made a solid advance, closing up 82.55 at 10,729.52.
Broader market indexes declined. The Nasdaq composite index fell 104.87 to
2,754.28, and the broader Standard & Poor's 500 index slipped 6.79 to
1,357.51.
The market is so focused on corporate performance during the first half of
this year that even Federal Reserve Chairman Alan Greenspan failed to move
stock prices. Greenspan testified before Congress, speaking mostly about
longer-term tax cuts but also signaling that interest rates are likely to
drop further.
While investors are cautious, the mood on Wall Street is slightly more upbeat
than in recent months, analysts said. The market is hopeful that earnings and
the economy will soon improve, particularly as interest rates decline.
The Fed is expected to cut rates for the second time this month when it meets
next week. That expectation factored into some of yesterday's tech sector
selling, said Cripps of Legg Mason.
"There's some gamesmanship going on in advance of the Fed meeting," Cripps
said, noting that investors who have been buying on expectations of a rate
cut are likely to sell if and when the Fed takes that action.
Dell, which earlier in the week rebounded from a poor first- quarter earnings
outlook, lost 69 cents to close at $26.44. Computer equipment maker EMC fell
$2.94 to $76.50 after rising earlier in the week on earnings that were 2
cents a share higher than expectations.
While past earnings are important, the market typically is most concerned
about companies' future profitability. That was evident yesterday in a sharp
decline among companies that make fiber optic and other networking equipment.
Corning skidded nearly 20 percent, finishing down $13.88 at $56.25. The maker
of fiber optic cables warned late Wednesday that its customers had cut back
their orders through the first half of the year.
"People are spooked by the guidance given by Corning" said Charles White,
portfolio manager for Avatar Associates.
JDS Uniphase, which tumbled $7.88 to $55.19, recouped 74 cents in
extended-hours trading. The fiber optic maker announced after the market
closed that it beat second-quarter predictions by 2 cents a share. The
company also said it expected third-quarter sales to rise as much as 10
percent.
Meanwhile, blue chips got a lift from so-called defensive issues such as drug
and energy stocks that tend to do better in bearish markets. Eli Lilly, which
met expectations and said the first half of the year should be strong, gained
31 cents at $83.06.
Investors rewarded Enron for saying 2001 profits likely will surpass
analysts' predictions. The energy company rose $2.25 to $82.
Op-Ed
I'LL BE SEEING YOU IN 4 MONTHS
DAVID NYHAN, GLOBE STAFF

01/26/2001
The Boston Globe
THIRD
A15
(Copyright 2001)

THE GOING RATE FOR A RUN-OF-THE-MILL CAMEL IN THE GOBI DESERT IN 1996 WAS
$250, FOR A WEARY ANIMAL WITH THE MONGOLIAN CAMEL-DRIVER'S EQUIVALENT OF A
DENTED FENDER, AND IT MIGHT GET A LITTLE WHEEZY BETWEEN WATER HOLES. BUT IF
YOU WANTED A GOOD ONE, WITH LOW MILEAGE, SOUND OF HOOF AND LUNG, IT WOULD
COST YOU $500. WHO TOLD ME THAT? MY FRIEND AMAR, A FELLOW NEWSPAPERMAN FROM
ULAN BATOR, THE METROPOLIS OF MONGOLIA. AND HOW DID HE COME TO BE MY FRIEND?
BECAUSE WE WERE BOTH ESCAPED NEWSPAPERMEN, COOLING OUR JETS AND RECHARGING
THE OLD BRAIN PAN AS FELLOWS AT OXFORD'S REUTERS FOUNDATION. WHY DO I BRING
THAT UP? Because as of Monday I take up another fellowship, at Harvard's
Kennedy School of Government, at the Joan Shorenstein Center on Press,
Politics and Public Policy, where I expect to learn some equally interesting
things. Like Oxford, it's another crossroads of the planet. So for the spring
semester I'll be sequestered. No columns from yours truly for four months.
Since I last sojourned in Cambridge as a skinny undergraduate, I've added
several notches on the beltline, a few zeros in the bank book, and many miles
on the odometer. I stood with the mob in front of Dillon Field House the day
McGeorge Bundy introduced Fidel as "Dr. Castro," and the doctor is still
running Cuba, but just about everything else has changed.
As a 17-year-old I sat in the Harvard Club's baronial banquet hall when a
bronzed Senator Jack Kennedy dashed off a witty speech to the Crimson
football banquet. He got elected president when I was a sophomore. Now I'll
have an office, a phone, and something Kennedy never dreamed of - a computer
wired to something called the Internet - at a school named after him.
Speaking of the Internet, I apologize in advance for my absence to you folks
in wired-land. It is not an unmixed blessing to receive as many as 1,000
e-mails a week urging this or that, praising this or that, damning this or
that. Through change of season, fashion or administration, I understand that
you are not unanimous by any stretch, but you are passionate, sometimes
beyond belief (or reason, in a few cases).
But I know some of you - the lady married to the diplomat in Islamabad, the
hardy souls bucking the Sun Belt mentality in the great South and West, the
Meridian, Miss., correspondent who urged me to "reload and charge on with our
support," the gal from Black Mountain, N.C., the keep-your-outrage-going man
from New York, ditto for the Madison, Ala., fellow - some of you will miss
your Dave. "It is now 26 years since I left Boston and you remind me how I
miss those terse tart tongues," says Susan of "So much for civility."
From Royal Oak, Mich., Maia says "please keep calling 'em as so many of us
see 'em." Demurs "a lady in Washington state": "My goodness, you are either a
very angry individual or a poor loser . . . why don't you write about
something uplifting and heartwarming?" Good point. I'll mull that over for
the next four months. By that time, our new president will have had his 100
days, and he'll have had time to "restore honor and integrity to the White
House." And, "sit back, have a tax cut on us, and enjoy the ride," says one
happy Bob from Nashville. Go for it, Roberto.
"You should be ashamed to author such divisive . . . ," scolds J.G. from
British Columbia. A Filipino woman living here worries that tolerance may be
in jeopardy. A daughter of German refugees writes from Florida that "big
corporations are now controlling the government."
Jason, a shrewd observer of the oil patch, details exploding oil company
profits, urging a column on big oil's influence with the new gang in charge.
Sorry, Jason; if I wasn't out of here today, I'd be banging away at Enron
Corp., the Houston outfit that wholesales more electricity and owns more gas
pipelines than anyone. Enron scores monstrous profits off California's energy
shortfall, and Enron executives comprise the biggest bundled contributor to
President Bush's political campaigns, reports the watchdog Center for Public
Integrity, including $550,000 for last week's inaugural bash.
But the Bush-watch will proceed without me for the next four months. I am
outta here! I go back to brick halls where I sat, totally consumed by David
Riesman's dissection of "The Lonely Crowd," Walter Jackson Bate's unfurling
of English literature, Erik Erikson ushering in a redoubtable woman wearing a
cape and leaning on a hefty walking staff: Margaret Mead.
I'll be checking in on Ken and Kitty Galbraith, and some Sundays I'll be in
the back pews listening as the Rev. Peter Gomes uncorks some of the best
sermonizing you find on any Sunday anywhere. Nights might find me at the
American Repertory Theater, waiting for one of Jeremy Geidt's comic turns.
There's lots to see and do; they have everything but camels.
With my new fellow fellows, I'll soak up every scrap and come back with a
better attitude and more humility, a course of action urged upon me by many
of my conservative friends. Good luck; see you on D- Day.
David Nyhan's e-mail address is nyhan@globe.com.
The President's first message
Our Editorial

01/26/2001
Business Standard
9
Copyright (c) Business Standard

The government of George W Bush, America's new President, has sent a message.
It was for the Prime Minister, whose name Mr Bush once could not remember
when asked in an interview. But Enron must have forcefully brought to his
attention the name of Vilasrao Deshmukh, the chief minister of Maharashtra.
After watching the chief minister's gyrations for months, Richard Celeste,
the US ambassador, called on him on Tuesday, and offered to mediate between
him and Enron.
If Mr Deshmukh in his innocence thinks that this was a samaritan's offer of
good offices, he is sadly mistaken. For Mr Celeste represents and speaks for
the US government even when he offers to mediate. What he conveyed was the
interest of the US government in an amicable solution and its potential
displeasure if, as Mr Deshmukh is tempted to do, his government reneges on
its contractual obligations to Enron. For Mr Deshmukh has stressed in recent
weeks that the Maharashtra government cannot honour the contract. Now he
should be under no doubt that if he proves as good as his word, he will
involve his country in a major contretemps with the US government for which
he will earn no thanks from Delhi.
Mr Deshmukh is reported to have told Mr Celeste that he proposed to set up a
high-powered committee, and that it was delayed because there were too many
candidates. He was not telling the entire truth _ which is that this
committee will carry no credibility since it will be appointed by the party
that wants to break the contract. To get around this, Mr Deshmukh has been
putting enormous pressure on Mumbai's most respected banker to accept the
chairmanship; but public-spirited as he is, the banker is obviously reluctant
to step into Mr Deshmukh's parlour.
For the chairman will only be a name; the hatchet job will be done by the
other members of Mr Deshmukh's choice. And their job will be to invent
reasons why the Maharashtra government should breach the agreement. Nor will
they have to go far to invent the reasons, for Mr Deshmukh gave Mr Celeste
his own - which is that because power users in Maharashtra are used to paying
low tariffs, they cannot really be expected to pay enough to compensate Enron
. In other words, he does not want to let MSEB raise tariffs, for that would
land him in political hot water.
The irony is that the first contract with Enron was signed by the Congress
government of Sharad Pawar; although the two parted ways, both are supporting
Mr Deshmukh's government. So the latter is, in a sense, the former
government's political and legal successor, and has absolutely no grounds for
raising doubts on the contract. Its problem arises because the intervening
BJP-Shiv Sena government gave power tariff concessions to farmers which made
MSEB bankrupt, and raising them would make Mr Deshmukh unpopular. But
governments are not simply instruments politicians can use to buy popularity;
they are institutions to take decisions in a country's or state's interests
on issues that divide the people. Mr Deshmukh should for once consider
putting the interests of Maharashtra over those of his party, bite the bullet
and allow MSEB to charge the tariffs as determined by the State Electricity
Regulatory Commission from time to time.
CONTRA COSTA FRIDAY
Your Friday Night
Lamorinda Dems Share Laughs, Rally Troops After Loss
Sam McManis

01/26/2001
The San Francisco Chronicle
EDITION: ZONE =
2
(Copyright 2001)

Inauguration eve for the man whom liberals call the "President Select"
coincided with the monthly meeting of the Lamorinda Democratic Club last
Friday night, so visitors expected either a wake or a festival of whining and
teeth gnashing.
What wasn't expected was . . . laughter?
Hearty, infectious belly laughs spilled out of the meeting room and out into
the hallway of the Orinda Community Church. Deep concern and calls to action
would come later, of course, but during the potluck and gab session before
the meeting, a gallows humor reigned.
"You heard this one?" asks 84-year-old Lafayette resident Jop Van Overveen.
"Einstein, Picasso and George W. die in a plane crash and go to the Pearly
Gates. St. Peter says you got to prove who you are to get in. Einstein says,
'Give me a chalkboard.' And he does mathematical calculations. Peter says,
'OK, you're Einstein. Go in.' Picasso's next. He says, 'Give me an easel and
paint.' And he paints a masterpiece. Peter says, 'OK, you're Picasso.'
"Then, George W. steps up. Peter explains that he has to prove his identity,
just like Einstein and Picasso. And W. says, 'Einstein and Picasso? Who are
they?' Peter says, 'Yup, you're Bush. Go on in.' "
A gaggle of Contra Costa Democrats twirling pasta at the table erupted in
guffaws. Sure, they've heard that one before. In fact, they may have used the
same joke years ago when President Bush's father was in power. But, to them,
it was better than crying in their casserole over the acrimonious,
ballot-bickering election.
"After tomorrow night, I guess we'll be saying 'Hail to the Thief,' " says
Betty Lou Kasnoff, president of 20-year-old this partisan group which has
close to 100 members.
"Yeah, that's why I'm dressed all in black," says Richard Johnson, who also
is sporting a "Clinton '92" button smack dab in the middle of chest.
Here comes another member passing out freshly minted bumper stickers reading,
"Don't Blame Me . . . I Didn't Vote For Jeb." Valerie Sloven has picked up a
few and is telling anyone who will listen that she's protesting the
inauguration by staging a voter- registration campaign at the SunValley Mall.
"You know," boasts Barbara Boyle, "except for (Assemblywoman Lynne) Leach,
we've almost gotten rid of all the Republicans."
Louise's husband, John Clark, is thumbing through the club's January
newsletter. In it is an anonymous poem, titled "Bipartisan Cooperation." The
last stanza reads:
Humor, apparently, proved therapeutic for the group of about 50, because the
mood is anything but downcast. Perhaps "festively sarcastic" better describes
it.
"I was depressed, really depressed after the election," says Sloven of
Orinda. "But, after a while, you pick yourself up and fight back."
Boyle certainly seems ready to do battle. She had brought a back- issue of
Mother Jones magazine, which included an article about then- Texas Gov.
Bush's interests in Enron's controversial deal to put a pipeline in
Argentina. She reads aloud two paragraphs, then condemns what she calls a
"blatant conflict of interest."
Social hour over, Kasnoff brings the meeting to order. The guest speaker is
Severin Borenstein, director of the University of California Energy
Institute. Before Borenstein talks about energy deregulation and presents his
solutions to the crisis, Kasnoff introduces two women who are lobbying for
passage of Measure B, the Acalanes High School District parcel. The women
want the club's endorsement.
Borenstein speaks for an hour, outlines how California got into its current
energy mess and how he and his colleagues at UC Berkeley propose to ease the
long-term burden. Deregulation is not a popular word among Democrats. But
Borenstein is not anti-deregulation across the board, which doesn't please
the hard-core Dems.
"The big mistake was policy by analogy," he begins, "saying, 'Well, it worked
for the airlines, so it'll work for electricity."
Borenstein proposes varying electricity prices depending on the time of day,
charging up to 50 cents per megawatt hour during peak periods and lower rates
at other times. So people who consume the most power during peak periods pay
the most.
"That makes it cost-effective to conserve energy," Borenstein says. "It has
an attractive environmental benefit, too. It would reduce the number of
view-destroying, property-value decreasing energy plants."
The crowd murmurs its assent. Borenstein knows his audience. But, during the
post-speech question-and-answer period, he did rankle a few liberal feathers
when he suggested that homes that augment energy needs with solar panels do
not save much money.
Folks pepper Borenstein with questions for nearly a half-hour, until Kasnoff
intervenes and closes the meeting. People linger for a few more minutes,
chatting up Borenstein and each other. But most make sure to grab that
anti-Bush bumper sticker on their way out.
As Demands for Energy Multiply, Windmill Farms Stage a Comeback --- Phalanxes
of Whirring Turbines Could Be a Partial Antidote For Blackouts in California
By Jim Carlton
Staff Reporter of The Wall Street Journal

01/26/2001
The Wall Street Journal
B1
(Copyright (c) 2001, Dow Jones & Company, Inc.)

SAN FRANCISCO -- The rolling blackouts in the San Francisco Bay area are
creating new demand for a long-overlooked source of power that is cheap,
plentiful and close by -- the wind.
One of the world's largest concentrations of wind turbines, some 7,000 of
them, are situated in the Altamont Pass, which separates the bay from
California's arid Central Valley. The windmills generate electricity at less
than half the cost of natural-gas-generated power, which has been running as
high as 15 cents to 20 cents per kilowatt-hour.
Passersby have for years poked fun at the windmills, which were built in the
wake of the last energy crisis in the 1970s. Then, the state and federal
government backed the plentiful power source with tax credits and price
guarantees that proved lucrative to investors and provided the state with an
alternate source of cheap electricity. But when natural-gas prices fell in
the late 1980s, and the tax credits were pulled out, the windmill industry
collapsed from 12 turbine manufacturers to one and most power companies
turned back to cheap fossil fuels.
Now, with California utilities struggling to keep the state lit, this
alternative energy source is making a comeback as one, albeit slight,
solution to the West's energy crisis. "It's not a full answer, but it's part
of the answer," says Robert Morrison, vice president of renewable generation
for "windmill farm" developer FPL Energy LLC, a unit of big energy provider
FPL Group Inc., based in Juno Beach, Fla., which also owns Florida Power &
Light Co.
Indeed, as energy providers scramble for alternatives to fossil fuels like
natural gas, which has soared in price, windmill farms are sprouting up from
the plains of West Texas to the badlands of the Northwest's Columbia Gorge.
There are 13,000 of the windmills in all -- 1,000 of them built over the past
five years.
On the Washington-Oregon border, FPL Energy is building a 470-windmill farm
atop ridges overlooking the Columbia River. When completed by the end of this
year it will be the world's biggest wind-generation plant, though its output
of 300 megawatts of electricity will be only about half the capacity of a
comparable coal or gas plant, industry officials say. And the so-called
Stateline project is one of the first new wind farms that is expected to turn
a profit without relying on government tax credits.
By using newer technology, Stateline is likely to be far more efficient than
wind farms of the past. While the windmills are far fewer in number than at
places like Altamont Pass, where they are densely placed, they have bigger
blades and can generate significantly more electricity.
With the project coming online in the midst of the West's energy crunch,
participants say the timing couldn't have been better. "We're lucky, and
we're smart, in that we have been planning for wind energy the past five
years," says Barrett Stambler, director of renewable business development for
a unit of PacifiCorp, a Portland, Ore., company that has agreed to buy the
power in its development agreement with FPL.
Elsewhere, Enron Corp. has recently deployed about 200 windmills in Southern
California and West Texas, along with 500 more in Minnesota and Iowa. Those
come on top of the 2,000 windmills Enron has operated for several years in
the Tehachapi Mountains north of Los Angeles. Also in Texas, Enron and some
other companies are building wind farms that will generate about 700
megawatts of power when completed this year, quadrupling that state's
wind-generation capacity.
"Wind indeed is ready for prime time," says Ralph Cavanagh, energy program
director for the Natural Resources Defense Council, an environmental group
based in New York.
But wind isn't likely to displace oil and gas anytime soon. In California,
where they are most abundant, wind farms account for roughly 1.5% of the
state's electricity production, according to the American Wind Energy
Association, an industry trade group in Washington, D.C. The group is pushing
for federal legislation that could boost wind power to about 5% of the
nation's overall power generation over time, from the current three-tenths of
a percent.
The intermittent nature of wind gusts means wind farms can never be as
reliable as a traditional fuel source. But the flip side to that, say wind
proponents, is that the wind farms are so easy to build -- essentially
hoisting the towers and running cables to a substation -- that it takes only
a year from start to finish to put one in operation. Coal and gas plants, by
contrast, can take as long as five years to complete.
And of the other major renewable energy sources -- solar, hydro, biomass
(burning natural waste such as wood chips) and geothermal -- wind is seen by
both the industry and environmentalists as the cheapest and greenest
alternative. Both solar and biomass plants are costly, they say, while
hydroelectrical dams are expensive and harmful to rivers. Geothermal plants,
which pump hot water out of the ground, have drawn criticism in parts of the
West for draining thermal springs -- some revered by native tribes.
Windmills, by contrast, are praised by most environmentalists as virtually
pristine energy sources with little impact on anything other than birds
flying into the blades. The newer turbines' bigger blades turn more slowly,
giving birds a better chance, industry officials say. With such advantages,
93% of a $40 million fund allocated to alternative energy that California
officials auctioned to power companies this month went to wind-generation
projects.
Until recent years, wind was a relatively dirty word in Western power
circles. After a building boom in the 1980s, fueled by tax credits to make
the machines, thousands of the metallic-bladed windmills popped up, offering
utilities an alternative that was then only slightly more expensive than
fossil fuels. But at the same time that the credits expired in the late
1980s, prices of electricity generated by natural gas plunged to about three
cents a kilowatt-hour from as high as 10 cents; the wind farms with their
five-cents-a-kilowatt power became noncompetitive.
The industry started crawling back in the early 1990s, after Congress
reinstated tax incentives, this time tied to wind-energy production, not just
to making the turbines. With other local incentives, such as long-term price
guarantees in California, FPL, Enron and other energy producers increased
their investment in the technology.
PacifiCorp, for instance, bought a smaller 40-megawatt wind farm in Wyoming
about five years ago as a training ground for expanded wind efforts. It
learned a lesson: Don't select a site near already-jammed transmission lines
-- as turned out to be the case in Wyoming because of the state's numerous
coal and gas plants -- because it rules out growth.
In seeking a home for its Stateline wind farm, PacifiCorp settled on the
Columbia River area near Walla Walla, Wash., both because of abundant wind
and the area's proximity to a less-congested part of the West's transmission
grid. Its partner, FPL, had built a smaller, 25-megawatt wind farm there four
years ago.
Unlike in places like the Altamont Pass, where thousands of windmills created
an eyesore in the opinion of many, residents of the Walla Walla area were
mostly supportive of having fewer turbines, spaced comfortably apart. There
is enough room for landowners to continue operating their wheat farms around
the machines.
"Plus this supports our values of doing sustainable, `green' building
wherever we can," says Peter Harvey, chief financial officer of Whitman
College in Walla Walla, which is leasing out some of its wheat land for the
windmills.
The cost of wind energy from Stateline is between three cents and five cents
a kilowatt-hour -- compared with as much as 20 cents from natural gas. The
project's timing is pefect. Terry Hudgens, PacifiCorp's senior vice president
of power supply, says the company's customers are pleading for power. "They
just want the energy," he says.
International
World Watch
Compiled by David I. Oyama

01/26/2001
The Wall Street Journal
A10
(Copyright (c) 2001, Dow Jones & Company, Inc.)

ASIA/PACIFIC
Indian Utility May Miss Enron Payment
India's cash-strapped Maharashtra State Electricity Board was expected to
miss a deadline last night for paying 1.59 billion rupees ($34.3 million) to
Dabhol Power, a unit of Enron of the U.S., for electricity purchased in
December. It again raised the possibility of Enron invoking letters of credit
or guarantees provided by the state and federal governments to force payment.
The Maharashtra state government said it hadn't yet considered a request by
the electricity board for funds to pay the bill, and didn't expect to do so
until next week. Dabhol Power sells its entire output to the electricity
board.
Houston Chronicle Working Column
L.M. Sixel

01/26/2001
KRTBN Knight-Ridder Tribune Business News: Houston Chronicle - Texas
Copyright (C) 2001 KRTBN Knight Ridder Tribune Business News; Source: World
Reporter (TM)

ENRON RATING SETUP IRKS MANY WORKERS: Tongues are wagging at Enron Corp., and
it's not because of the bonuses they're expecting next month.
Employees are irate about a new performance-review ranking system that pits
them against each other.
Under the system, nicknamed "rank and yank," employees will be put in one of
five categories: 5 percent will be identified as "superior," 30 percent will
be labeled "excellent," 30 percent will be called "strong," 20 percent will
be labeled "satisfactory" and 15 percent will be called "needs improvement"
or "issues."
An insider said "needs improvement" means "you have one leg hanging out the
window." And "issues" is Enron lingo for "you're gone."
The rankings, whose names reportedly took Enron officials hours to come up
with, are not based just on performance.
Instead, they compare employee against employee.
"It is possible, therefore, for someone to perform at the same or higher
level compared to prior periods, yet receive a lower rating for the current
period if other employees' performance raised the bar," according to a memo
from Chief of Staff Steven Kean and Executive Vice President Cindy Olson that
was distributed this month.
While employees are competing against each other for ratings, they're also
expected to be team players, according to the memo.
The problem, according to someone familiar with the new system, is the
horse-trading that goes on when the rankings are divided up.
Managers trade rankings like baseball cards, explained the insider, offering
to downgrade one employee if they can get a better rating for another
employee.
An employee's ranking is more a function of the negotiating skills of the
manager he is working for, the insider said.
Olson, who's over human resources and community relations, said no
horsetrading is going on. The rankings, due out this week, aren't set in
stone, she said. Only 9 percent of employees were rated in the bottom
category while 6 to 7 percent were labeled superior, she said.
But Olson said she can see how employees might be worried about the prospect
of bargaining.
She speculated that one reason employees might worry is because it's a new
system for about 60 percent of Enron's employees. In years past, only the
wholesale energy services group was ranked this way.
Some human resource managers expressed surprise that Enron, which is known
for hiring superstars, apparently feels that it must get rid of so many
employees -- or at least put them on notice that they're not doing well.
It doesn't say much about the confidence of your recruiting system if you're
getting rid of 10 to 15 percent of your work force each year, said a human
resource manager in Houston who asked to remain anonymous.
Some people, as smart and talented as they are, just don't fit into Enron's
culture, Olson said. It's a company that doesn't tell people what to do; you
have to know what adds value, she said. Some folks just have a hard time in
that environment.
After thinking about it for a moment, Olson added that maybe Enron's
recruiters aren't doing a good enough job weeding out the people who wouldn't
do well in an entrepreneurial environment.
Forced ranking systems were popular several years ago. But they fell out of
favor, in part because they were seen as damaging employee motivation.
Several years ago, Houston Lighting & Power put in a forced ranking system,
dividing all employees into four groups, with "1" the top group and "4" the
lowest. Employees were so angry with the system that some work crews had
T-shirts printed: "Don't ask me -- I'm a 3."
Olson said she doesn't see a problem with motivation. People like to know how
they stand and will work hard to reach the top category, she said.
But many of the employees -- at least the ones who rate above satisfactory --
won't know how they're rated. Managers don't have to reveal the ratings.
And as for figuring out what it takes to be superior? You've got to reinvent
your job, add new business lines or create something totally new.
"Employees understand that when it's explained to them," Olson said.
To voice comments, telephone 713-220-2000 and dial in code 1002. Send e-mail
to lm.sixelchron.com.


Weather Headlines
Friday February 1, 2002
The last of the warm air will be scoured out of the East today with near to
below normal temperatures for most of the country by early next week. A
very active Southern jet stream could spin up two more significant winter
storms through next weekend.
From the looks of the models today, the pattern is about as active as it
gets. Imagine the possibilities if only there was more cold air in the mix.
While brutal air is still not expected, the potential for winter farther
South is on the increase next week. We will see a temporary break from the
storminess over the weekend. The current storm now in Pennsylvania will
move out to sea and drive colder air into the region. A cool and dry
weekend seems to be shaping up for most areas, but a weak low will drop out
of Canada, across the Lakes and toward New England on Sunday. The current
storm will probably drive out most of the available moisture, but some lake
effect is possible so some light snow amounts should occur. The next
Pacific wave comes ashore in a fairly harmless fashion initially. However,
the set up looks favorable for some sort of Low pressure to develop in the
vicinity of the Gulf coast early next week. It would head toward the SE US
and could be an interesting factor. As far as temperatures go, the high
pressure over the Western Plateau (Colorado and Utah) is keeping that
region in a trapped cold air mass. The Plains will slowly modify from the
current shallow arctic air in place while the East undergoes a rather
pronounced cooling to near if not slightly below normal levels, a far cry
from the record highs of the past two weeks.
The 6-10 day period looks colder for the nation as a whole than recent
weeks. I still don't see us bringing in any real brutal arctic air, but the
SE ridge that has been in place for much of January is no more. In all
cases, the models suppress the storm track to the Southern U.S. which opens
the door to another potentially major winter storm, but quite a bit farther
South than the last one. The solutions are all over the place which one
would expect this far out. One aspect that struck me as noteworthy was the
Canadian's depiction of a large arctic high over the Northern U.S. It has
had it for three runs in a row, but given the high surface pressures does
not look as cold as I would have expected. It's just another product of a
strange winter I suspect. So, while I still am not in any kind of arctic
camp on this, I do believe the areas of above normal temperatures will be
very limited. I look for most areas to run near or slightly below normal.
For the period Friday February 1 through Tuesday February 5, expect the
following temperature trends:
Average 4 to 6-degrees below normal: Central and Southern Rockies, Southern
and Central Plains, Intermountain West, Desert SW, California...
Average 1 to 3-degrees below normal: Northern Rockies, Pacific NW, Ohio and
Mississippi Valleys...
Average 1 to 3- degrees above normal: Great Lakes, Northeast..
Average 4 to 6-degrees above normal: Mid-Atlantic, Gulf Coast, Southeast...
Andy Weingarten, Meteorologist APB Energy / True Quote


pls print.  thanks. DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 04/12/2000
03:09 PM ---------------------------

Shelley Corman
04/12/2000 11:09 AM
To: Tim Aron/ET&S/Enron@ENRON, John Ballentine/FGT/Enron@ENRON, Martha
Benner/ET&S/Enron@ENRON, Eric Benson/ET&S/Enron@ENRON, Donna
Bily/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lynn Blair/ET&S/Enron@ENRON, Jack
Boatman/FGT/Enron@ENRON, Rob Bradley/Corp/Enron@ENRON, Bob
Chandler/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON,
Shelley_Corman@enron.com, Christi Culwell/FGT/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Larry DeRoin/NPNG/Enron@ENRON, Rick
Dietz/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, John
Dushinske/ET&S/Enron@ENRON, Sharon Farrell/FGT/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, dfulton@enron.com, Lou Geiler/ET&S/Enron@ENRON, John
Goodpasture/OTS/Enron@ENRON, Mary Hain/HOU/ECT@ECT, Bob M
Hall/FGT/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Joe
Hartsoe/Corp/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Robert
Hayes/FGT/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Bambi
Heckerman/NPNG/Enron@ENRON, Theresa Hess/ET&S/Enron, Robert
Hill/NPNG/Enron@ENRON, Staci Holtzman/FGT/Enron@ENRON, Tamara
Hopkins/ET&S/Enron@ENRON, Stanley Horton/Corp/Enron@Enron, Lee
Huber/ET&S/Enron@ENRON, Martha Janousek/ET&S/Enron@ENRON, Steven
January/ET&S/Enron@ENRON, Anne Jolibois/FGT/Enron@ENRON, Steven J
Kean/HOU/EES@EES, Jeffrey Keeler/Corp/Enron@ENRON, rkilmer@enron.com, Frazier
King/FGT/Enron@ENRON, Steve Kirk/ET&S/Enron@ENRON, Tim
Kissner/ET&S/Enron@ENRON, Laura Lantefield/ET&S/Enron@ENRON, Linda L
Lawrence/HOU/EES@EES, Blair Lichtenwalter/FGT/Enron@ENRON, Elizabeth
Linnell/HOU/EES@EES, Teb Lokey/FGT/Enron@ENRON, Phil Lowry/OTS/Enron@ENRON,
Susan J Mara/SFO/EES@EES, Donna Martens/ET&S/Enron@ENRON, Dorothy
McCoppin/FGT/Enron@ENRON, Mike McGowan/ET&S/Enron@ENRON, Rockford
Meyer/FGT/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Michael
Moran/ET&S/Enron@ENRON, Sheila Nacey/ET&S/Enron@ENRON, Michel
Nelson/ET&S/Enron@ENRON, Ray Neppl/NPNG/Enron@ENRON, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Christi L
Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Maureen
Palmer/HOU/EES@EES, Zelda Paschal/FGT/Enron@ENRON, Geneva
Patterson/NPNG/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Eileen
Peebles/ET&S/Enron@ENRON, Keith Petersen/ET&S/Enron@ENRON, Peggy
Phillips/FGT/Enron@ENRON, jplace@enron.com, Tony Pryor/ET&S/Enron@ENRON,
Colleen Raker/ET&S/Enron@ENRON, Kathy Ringblom/ET&S/Enron@ENRON, Jenny
Rub/GPGFIN/Enron@Enron, Cynthia Sandherr/Corp/Enron@ENRON, James
Saunders/FGT/Enron@ENRON, Dave Schafer/ET&S/Enron@ENRON, Donna
Scott/FGT/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Richard
Shapiro/HOU/EES@EES, Mike G Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Louis
Soldano/ET&S/Enron@ENRON, Lon Stanton/ET&S/Enron@ENRON, James D
Steffes/HOU/EES@EES, James Studebaker/FGT/Enron@ENRON, Jim
Talcott/ET&S/Enron@ENRON, Gina Taylor/HOU/EES@EES, Debbie
Thompson/FGT/Enron@ENRON, Melinda Tosoni/ET&S/Enron@ENRON, Michael Van
Norden/Corp/Enron@ENRON, Stephen Veatch/FGT/Enron@ENRON, Donald
Vignaroli/ET&S/Enron@ENRON, Jody Warner/NPNG/Enron@ENRON, Kimberly
Watson/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Kim
Wilkie/ET&S/Enron@ENRON, Jane Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Michele Winckowski/ET&S/Enron@ENRON
cc:

Subject: FERC Announces New Pipeline Interconnect Policy Today

Please read the attached memo regarding the significant shift in the
Commission's policy.   The policy sets out new interconnection criteria, but
announces that a pipeline may not deny an interconnection on economic grounds.