The new version 3.0.0.36 of the Forward Obligation Report
     is in production again. The report can be run against
     scheduling data now.

 -----Original Message-----
From:  Luu, Duong
Sent: Monday, March 12, 2001 4:28 PM
To: White, Stacey; Latham, Jenny; Evans, Casey; Lewis, Jon Paul; Vinson,
Donald Wayne; Dahlke, Andrea; Gim, Steve; Tisdale, Marilyn; Allen, Thresa;
Postlethwaite, John; Bentley, Corry; Reeves, Leslie
Cc: Kroumov, Kroum; Smith, Will F.
Subject: RE: Change to Forward Obligations Report

Stacey,

I rolled back fwdobl.exe Sunday since a trader in the WEST found a big
problem.
Currently, Kroum is fixing the problem.

Thanks,
dluu

 -----Original Message-----
From:  White, Stacey
Sent: Monday, March 12, 2001 9:44 AM
To: Latham, Jenny; Evans, Casey; Lewis, Jon Paul; Vinson, Donald Wayne;
Dahlke, Andrea; Gim, Steve; Tisdale, Marilyn; Allen, Thresa; Postlethwaite,
John; Bentley, Corry; Reeves, Leslie
Cc: Luu, Duong; Kroumov, Kroum
Subject: Change to Forward Obligations Report

Please note that the forward obligations report will now read from the
Scheduling Tables rather than the Deal Entry Tables whenever scheduling data
exists.  Please forward this e-mail this to other individuals in your groups
who use this report.  The data was tested by the Portland office, if you
notice problems with the report please refer your questions to Kroum Kroumov
or Duong Luu.

Thanks,
Stacey
---------------------- Forwarded by Stacey W White/HOU/ECT on 03/12/2001
09:27 AM ---------------------------
From: Duong Luu/ENRON@enronXgate on 03/09/2001 02:22 PM
To: Valarie Sabo/PDX/ECT@ECT, Kroum Kroumov/ENRON@enronXgate
cc: Diana Scholtes/HOU/ECT@ECT, Cara Semperger/PDX/ECT@ECT, Will
Smith/HOU/ECT@ENRON, Stacey W White/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Fran
Chang/PDX/ECT@ECT, Samantha Law/PDX/ECT@ECT, Heather Dunton/PDX/ECT@ECT,
Duong Luu/HOU/ECT@ENRON
Subject: RE: release to production of scheduling forward obs. report

All,

I've just released FwdObl.exe to PRODUCTION from STAGE

dluu

 -----Original Message-----
From:  Sabo, Valarie
Sent: Friday, March 09, 2001 12:23 PM
To: Kroumov, Kroum
Cc: Scholtes, Diana; Semperger, Cara; Will Smith/HOU/ECT@ENRON; White,
Stacey; Belden, Tim; Chang, Fran; Law, Samantha; Dunton, Heather; Duong
Luu/HOU/ECT@ENRON
Subject: release to production of scheduling forward obs. report

I've tested the "schedule" version of forward obs.  It seems to be working
well.

The wish list might include a summary page to show the desks net 0. And it
could use a default that pulls all the west desks when the West portfolio is
clicked, while retaining the flexibility of overriding the west default to
choose individual desks - HOWEVER - it does work fine the way it is.

Please release this to production and let Fran Chang, Heather Dunton,
Samantha Law and Diana Scholtes know when it is released.  Thanks!


Can you make the change?

Thanks
Richard
 -----Original Message-----
From: 	Sonnonstine, Max
Sent:	Wednesday, October 17, 2001 2:25 PM
To:	Deming, Richard; Wallumrod, Ellen
Subject:	TXU Gas Distribution & Enbridge Consumers Gas

Rich & Ellen:

We have some problems with the following two counterparties: TXU Gas Distribution & Enbridge Consumers Gas.  For TXU Gas Distribution, this is a unconsolidated division of TXU Gas Company and all deals booked under TXU Gas Distribution should be confirmed as TXU Gas Company.  I understand this is not the case.  For Enbridge Consumers Gas, this is not a valid entity.  At some point it will be a correct name, but for now deals should be confirmed and booked under Consumers Gas Co. Ltd.

Each has a relatively recent deal booked to it that need to be changed as described above: Sitara 1085609 for TXU and 1086002 for Enbridge Consumers Gas.

Please advise if there is something I need to do from my end to get this issue resolved.

Thanks,
Max Sonnonstine
x58261


I left a note for Jeff last night, and apparently he already changed the
deals to reflect APB's price
554905 is $350
554912 is $325

Kate

Kerri Thompson@ENRON
03/21/2001 12:15 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: apb checkout

apb is still sticking with this.  can you pls check with the trader.

thanks

   Kate Symes @ ECT                03/20/2001 05:32 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: apb checkout

I'm trying to get ahold of Jeff Richter on this, but without the brokers
around we probably can't get it done tonight. I would just say we have a
discrepancy with the broker at this point. Let me know if that's okay.

Thanks,
Kate

Kerri Thompson@ENRON
03/20/2001 02:28 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb checkout

554905
broker has 350.00

554912
broker has 325.00

thanks!


Please draft the credit annexes B and B1 for an omnibus paper swap
confirmation pursuant to the terms of the attached document.  Time is of the
essence as the trader would like to run these terms by the counterparty
before finalizing the deal.

Thanks!


Hello all:

The LNG meeting that was to be held this morning has been changed to
tomorrow, Wednesday, the 17th at 11:00 AM in EB1938.

Thanks!

Shirley
3-5290


It worked,  You guys are officially online now.  Everything here is fine.

I will likely have a roommate in the next couple of weeks.  A friend of mine
who also works at Enron is moving back to Houston from Portland.  This will
work out great and also help me with the mortgage payments.

Take care and talk to you later.

Gerald


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/04/2001
05:37 PM ---------------------------

"Sogomonian, Aram" <Aram.Sogomonian@pacificorp.com> on 05/04/2001 02:22:02 PM
To: "'vkamins@enron.com'" <vkamins@enron.com>
cc:
Subject: schedule

Vince,

My schedule for the RISK 2001 conference in Houston is:

arrive Sunday 4/13 9pm.?

Staying at the Houstonian

depart Tuesday 4/15 5:30 pm.

Hopefully, we can get together.

thanks, Aram? (cell phone 503-701-6692)


Congrats to you.

 -----Original Message-----
From: 	Kenagy, Gary
Sent:	Tuesday, February 05, 2002 12:56 PM
To:	Bellard, Dannis; Bryant, Mike; Ratliff, Dale; January, Steve; Corman, Shelley
Subject:	Promotion

It hasn't been announced yet, but to keep you informed, I have been promoted to Director effective 02/01. I received the official word this morning. Apparently a memo will go out shortly with several promotions listed. There aren't any planned organizational changes, just a title change.

Thank you for all of your support. I've always enjoyed working in and around Gas Control and hope to continue to do so in the future.

Gary


Attached is a revised draft of the Price Posting Agreement for your review.
Because text has been rearranged and several provisions have been
substantially reworded, the version of this agreement marked against the
prior version is not particularly helpful, but I am happy to provide one if
you wish.

Please note that I am the only one on the Enron working group that has seen
this revised draft; it therefore remains subject to comments by the other
members of the team.

Instead of providing a redline, I thought it would be helpful to review the
most substantive changes in this e-mail.  Please feel free to give me a call
with any comments or questions.

1. As I have discussed with Stephen, you should not assume that we have
rejected any of your comments if they did not appear in the attached
version.   Please contact me to discuss, or resend, any comments that you
believe that we accepted but that are not reflected in this document.

2. Several new defined terms have been added.  Several definitions were
revised to reflect that eSpeed will be posting prices to a platform operated
by a separate legal entity that eSpeed will not necessarily control.

3. The defined terms "Sponsor Material Adverse Effect", "Sponsor Regulatory
Event", and "Sponsor Technological Failure" have been renamed "eSpeed ..."
instead of "Sponsor ..."

4. Sections 3(a) and (b) have been slightly reworded to reflect the multiple
platform concept.   Section 3(c) was moved from Section 5.  The standards for
a party's right to suspend have been revised slightly.  Also, Section 4(d)
includes a right by Enron to suspend prices specifically in the event of
mapping errors; this provision also relates to the termination right in
Section 13 with respect to mapping errors.

5. Section 4 has been rewritten to reflect the multiple platforms.

6. Section 5(b) has been revised to reflect that the parties should develop a
set of ground rules for operating and maintaining the Interfaces that will
govern the parties once they commence operations.

7. Section 6 has not been changed in any significant manner, except for
Section 6(d) with respect to commissions

8. Section 7 has been moved (it was previously Section 9) and reflects our
concerns that the means by which contracts are entered into with Enron are
clearly disclosed to Participants.

9. The parity section has been revised as we discussed -- essentially, Enron
shall use "commercially reasonable efforts to ensure parity"

10. The reps and warranties and covenants have not been substantively
revised, but separate reps, warranties and covenants are made by each party
(instead of including both parties reps/warranties/covenants in the same
provision).

11. Section 12 is new.  We felt that the Agreement did not clearly set forth
what would have to be done before the parties could start posting prices.

12. We have revised Section 13(a)(i) and (iii) and 13(b)(i) and (iii)
(termination events as we discussed); 13(a)(ii) and (b)(ii) are new.

13. Section 14 has been substantially revised, but is still confusing,
However, the idea is that the agreement include a single provision governing
confidentiality and that certain information that Enron is particularly
sensitive about will be kept confidential, while other information becomes
eSpeed's property at some point to do with as it wishes.  Any thoughts about
clarifying Section 14 would be appreciated.

14. The Indemnity has been revised to include a separate section for each
party ((a) and (b)), but we do not believe that the substance of the prior
provision was changed.

15. We need to give further thought to Section 16 and the provisions that
eSpeed provided to us (Sections 15(e), (f) and (g) in the prior draft).
While I have discussed this with Stephen and do not object to the point that
those provisions is trying to make, the language is a bit broad in places and
we need to spend more time with it to make sure that it does not conflict
with other provisions of the Agreement.

16. I have tried to reserve the right for the parties to obtain injunctive
relief, but this section needs expansion -- and I think Stephen had some
specific thoughts about what would not be subject to arbitration.

17. The Enron Covenant added as Exhibit H is not perfect, but it is
essentially what we had contemplated providing.  The Schedule A listing
Specified Products is also attached.  Therefore, the only Exhibit or Schedule
missing is Exhibit I, which is the commission structure.

Please feel free to call or send a message if you have any comments or
questions regarding the atttached.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


Matt,

Just a reminder to down load the CURTAIL200206.DB file from the curtailment
computer.

JD
---------------------- Forwarded by Jeff Duff/EWC/Enron on 07/03/2002 01:22
PM ---------------------------

Jeff Duff
06/19/2002 02:02 PM
To: Matt Allsup/EWC/Enron@Enron
cc: George Griese/EWC/Enron@Enron, Bo Thisted/EWC/Enron@Enron

Subject: Curtailment

Matt,

Here are the direction for down loading the curtailment file on the
curtailment computer.  We need the following file.

CURTAIL200205.DB

We will need to grab this file each month, and were planing to put together a
SUB to document the procedure.  If you don't need a SUB let me know.

This should be a very temporary situation since we will be pushing the
curtailment data onto the SQL server that should be at the site next week.  I
currently have plans to travel to the site on Wed. 26th for the morning and
early afternoon.

Let me know if there are any questions.

The curtailment program's log file "CURTAILyyyymm.DB", is stored on the
computer running the curtailment software.
At Desert Sky (Indian Mesa/Clear Sky) this is the second park computer.  IP
address: 192.168.0.253
On this computer the database files is stored in "C:\Visupro\TrbCurtail\"
folder.

Jeff Duff


Below is John's contact as Boeing.  He would like to get some credit so we
can get this counterparty an ISDA.  I understand that you are under the gun
today, if you could just let us know when we might be able to get some
credit.  Much thanks!
----- Forwarded by Tana Jones/HOU/ECT on 07/25/2000 10:48 AM -----

	John Malowney
	07/24/2000 11:14 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: Bellingham Cold Storage ISDA Master

Tana, a couple of things.... have you heard anything back from Bellingham
Cold Storage and secondly I'd like you to send an ISDA to the following
party.  Let me know if you have any questions.   Thanks,  John

Mr. Allan Warman
Energy Resources Management
The Boeing Company
P.O. Box 3707  MC 7A-XF
Seattle, WA 98124-2207

If need be his phone number is (425) 865-6944.

From: Tana Jones on 06/30/2000 02:36 PM CDT
To: johncameron@dwt.com, hollymitchel@dwt.com, doug.thomas@bellcold.com
cc: John Malowney/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, Carol St
Clair/HOU/ECT@ECT
Subject: Bellingham Cold Storage ISDA Master

Attached please find a draft of the Schedule to the ISDA Master Agreement
between Bellingham Cold Storage Co. and Enron North America Corp.  Please
call Carol St. Clair, Assistant General Counsel, at (713) 853-3989 with any
questions or comments you may have.  My direct dial number is (713) 853-3399.


John, the attached is a summary by Greg of the financining for the turbines
purchased from New Brunswick Power.

In summary, ECC pays the bank, West LB directly in three installments under
an off-balance sheet lease financing arrangement.  The first installment of
$US 9MM was made Dec. 1/99.  The next installment is due Feb. 1/00 of $US
8MM, and the third installment is due roughly March 31/00 of $US 8MM. The
"drag" on the financing is that West LB through whom ENA structures its
off-balance sheet turbine financings is not a Canadian resident for tax
purposes, and therefore is not tax efficient to ECC in that there is a 15%
withholding tax payment on the interest (not principal) component of each
lease/financing payment.  An off-balance sheet financing with a Canadian
resident financial institution would eliminate this tax inefficiency, and
this is what I was referring to when I indicated some work may still be
required to restructure the turbine financing.  The withholding tax if we
keep this structure will total roughly C$ 500,000 over all of the
lease/financing payments (Chris Calger has the exact figure).  Any decision
to change the structure should have regard to these costs and the transaction
costs and fees associated with finding a new Canadian resident off-balance
sheet lender.  In addition, if we decide to keep the turbines, or sell or
transfer the turbines to ENA or a third party (depending on commercially what
it is we decide to do with them), additional work may be required to take
title to the turbines, or to assign/restructure the West LB financing and the
New Brunswick Power purchase agreement.  I am confident that the bulk of
commercial legal work for any of these transactions can be handled
internally, but that the tax legal work may require the input of outside
counsel.

We are also obligated to pay GST, but this is ultimately reimbursed through
the lease financing (althoguh there is a time value of money component that
is not recovered from the time GST is paid and when the GST rebate is made).
---------------------- Forwarded by Peter Keohane/CAL/ECT on 01/26/2000 10:20
AM ---------------------------

Greg Johnston
01/25/2000 05:22 PM
To: Peter Keohane/CAL/ECT@ECT
cc: Eric LeDain/CAL/ECT@ECT
Subject: WestLB Transaction

Peter, referring to your request for an update as to the status and mechanics
of the West LB transaction relating to our acquisition of the NB Power
turbines, please be advised as follows:

1.  Although ENA executed the Acquisition and Development Agreement (the
"Agreement") with WestLB, all of ENA's interest in that Agreement was
immediately assigned to Enron Canada, meaning that we are directly
responsible for making all funding requests and all cost of borrowing
payments to WestLB.

2.  The initial payment on the turbines was made through WestLB for an amount
of US$9,000,000 on December 1, 1999.  GST was payable on US$5,000,000 of that
amount.

3.  The next installment is due to NB Power on February 1, 2000 and is for an
amount of US$8,000,000.  Laura Scott will be initiating the funding request
in the next day or so to allow the advance to be a LIBOR advance.  WestLB
will then attend to paying the installment payment (plus GST) to NB Power on
Feb 1.

4.  The final installment payment is for an amount of US$8,000,000 and is due
on the earlier of the date on which we commence disassembling the turbines
and March 31, 2000.

5.  The cost to Enron Canada for utilizing WestLB, who is not registered in
Canada to carry on business, is that we are required to pay withholding tax
of 15% on all costs of borrowing (ie. interest payments).  The interest is
calculated at a LIBOR rate.

6.  WestLB has now registered themselves in Canada for GST purposes and will
be making the required GST payments to NB Power and then applying for the GST
rebate, which rebate amount is for our account under the Agreement.

7.  WestLB is aware that, depending on how we proceed with our required use
of the turbines, they will be taken out either with respect to (i) the
interim financing or, if the interim financing period is short (ie. if we
were going to proceed immediately to finish paying for the turbines and
commence moving them), (ii) when we put the SPV in place to build the
project.

8.  If we determine that the turbines are to go to Houston and be moved into
the US, the withholding tax issue obviously disappears.  If we determine to
proceed with the project in some fashion but the interim financing period
will be more than a month or so, it probably makes sense to remove WestLB
from the interim financing, thereby saving ourselves the cost of the
withholding tax.  One potential fix is to bring in a Canadian bank to act as
funding agent, with WestLB continuing to bear the transactional risk, which
could reduce the cost to us of getting a new bank comfortable with the
financing arrangement.  We have not yet canvassed all the possible solutions,
so I have not thought through to the full extent whether this proposal is
viable.

I think that you are aware of the reasons that the determination was made to
proceed with WestLB despite the withholding tax issue, but if you would like
to discuss this any further or if there is anything else you would like to
discuss, I am happy to do so.

Greg


Kristi said you called on Saturday.  I was golfing.  What did you think about
the draft?  I thought LD was a good college player, but not great.  Everyone
seems to think he will be an All-Pro type player before he's done.  As long
as he works hard, I think SR would make the best Pro.  But what do I know?

DG


----- Forwarded by Susan J Mara/NA/Enron on 02/01/2001 09:50 AM -----

	JMB <JBennett@GMSSR.com>
	01/31/2001 05:33 PM

		 To: "'James.D.Steffes@enron.com'" <James.D.Steffes@enron.com>,
"'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>,
"'Travis.McCullough@enron.com'" <Travis.McCullough@enron.com>,
"'smara@enron.com'" <smara@enron.com>, "Robert Williams (E-mail)"
<Robert.C.Williams@enron.com>, "Mike Smith (E-mail)" <msmith1@enron.com>
		 cc: MBD <MDay@GMSSR.com>
		 Subject: Commission Order on Securitization of Accounts Receivable

At the Commission meeting this afternoon, the Commission voted out an order
allowing PG&E to pledge its gas customer accounts receivables for the
purpose of obtaining gas supplies for its core customers.  The Commission
did not allow PG&E to pledge its electric customer accounts receivable for
the same purpose.  The Commission did, however, provide for PG&E to pledge
it core gas inventory for the purpose of procuring core gas supplies.  PG&E
may only pledge its inventory if  the value of its gas accounts receivable
is less than the amount it owes gas suppliers at the time of any particular
gas purchase. PG&E's authority to pledge its accounts receivable and
inventory is effective for 90 days or earlier if its credit rating improves.

This decision should be posted on the Commission's web site tomorrow, but if
any one would like a copy earlier, let me know, and I will fax it to you.

Jeanne Bennett


Attached is the midweek report.

The following section of this message contains a file attachment
prepared for transmission using the Internet MIME message format.
If you are using Pegasus Mail, or any another MIME-compliant system,
you should be able to save it or view it from within your mailer.
If you cannot, please ask your system administrator for assistance.

   ---- File information -----------
     File:  Spotwed640.doc
     Date:  17 Oct 2001, 17:45
     Size:  22528 bytes.
     Type:  MS-Word

 - Spotwed640.doc


I changed the counterparty name in Tagg

DG

From:  Lesli Campbell
    07/28/2000 02:44 PM

To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: Deal # ND7827

Darron,

 Could you please make sure that this deal was really done with Dynegy Eenrgy
Resources, Limited in EOL.  We think it should have been done at Dynegy
Marketing and Trade.

Thanks

Lesli
Enron Corp Trade Credit
3/5983


FYI, Ed and Don will decide tomorrow if we are going to serve the City Of Tallahassee deal on Florida for June.  I'll keep you posted.

 -----Original Message-----
From: 	McMichael Jr., Ed
Sent:	Wednesday, May 29, 2002 3:57 PM
To:	Kanellopoulos, Drew
Cc:	Germany, Chris; Gregory, Paul
Subject:	RE: Gas prepayment

Drew,
We MAY need to make a payment for June gas of appx. $1.3MM for City of Tallahassee, which is on the gas cash forecast.  However, I am not certain that we will be buying the gas.  That decision will be made tomorrow, so please stay ready and we will inform you once we decide.  If you have any questions, please ask.
Ed

 -----Original Message-----
From: 	Kanellopoulos, Drew
Sent:	Wednesday, May 29, 2002 2:27 PM
To:	McMichael Jr., Ed
Subject:	Gas prepayment

Ed,

Should I be expecting/receiving a request to prepay June gas?  My records show that our last prepay for gas occurred on April 29th.  Do you have any feel for how much/when we plan to pay?

Thanks,

Drew Kanellopoulos
Sr. Director, Enron North America
(713) 853-9424


My analysis is that forcing the scroll through the entire agreement provides
additional comfort that the counterparty has actually looked at the agreement
and knows to what they are agreeing - it is that much more likely that the
contract will be enforceable.  It is certainly not necessary from my point of
view that the document take up the entire page rather than appearing in a
smaller window with a scroll bar down the side - in fact I think that looks
much better.  It would be acceptable from a legal point of view if the
"agree" button appeared as in the example below as long as it didn't work
until the agreement had been scrolled through.  I personally think that would
create more problems from a commercial point of view since many
counterparties will try to click on "agree" as soon as it appears without
reading the agreement and get frustrated when it doesn't work right away.

David - do you agree?

Louise Kitchen
09/28/99 03:55 PM
To: Awais Omar/LON/ECT@ECT
cc: Mark - ECT Legal Taylor/HOU/ECT@ECT
Subject: Re: Legal Agreement

Over to legal - what do you think Mark?

Awais Omar
28/09/99 21:50
To: Louise Kitchen/LON/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Legal Agreement

Louise,

Below is an example of where a legal agreement which you are required to
accept, where the "Accept" & "Decline" buttons are below the actual agreement
and not within the agreement.  The agreement itself is within a separate
frame above the buttons.

A line of instructional line of copy is given at the top telling users to
read the agreement by paging down and then to click on accept to continue.

A similar set up would be suitable for the GTC's as these can vary in length
between products and would allow us to control the size of the window which
should not cover up the whole quotes screen.

Let me know what you think.

Awais


This copy should correct all of the the typos identified on the call this
morning.  Apologies if I've missed any.

Best,
Jeff


Dear Officers,

Hines, the building management team, has offered to move us at no charge to
space on the 36th floor of our building.  The move itself will cost Hines an
estimated $87,000 -- for construction of the space, moving fees,
telecommunications setup and office materials.  Our lease for this new space
would run through May 2002 at our current rate.

They will give us the option to now sign a lease extension from May 2002 to
May 2005 at a base rate of no more than $20.50 per square foot.  We have
checked with several corporate real estate facilities departments (Enron, El
Paso, Dynegy) with the general consensus reached that this is clearly a
financial advantage for us.

Should we not take this offer,  Cinergy will assume our space at the end of
our lease.  We will be responsible for our own move (a considerable expense),
and after the move will be responsible for a higher lease rate, assuming we
stay in the downtown Houston area.  In the meantime, we will be placed in the
middle of Cinergy's construction on our floor.

All things considered, I advise that we do agree to the move, which can be
accomplished over a weekend with little disruption to our office.    Please
let me know if you concur or have concerns.

Best Regards,  Rae

Subj:   GISB Office Space
Date:   6/23/00
To: shorton@enron.com, hdroberts@marathonoil.com
To: wpboswel@mwbb.com, gisb4, jhb@8760.com,
 gisb

Dear officers,

    We have been approached by Hines, our building landlord, asking us if we
would consider moving.  Cinergy -- the only other tenant on our floor, have
asked for our space.  Our lease runs through to April 2002, for 2455 square
feet of space.  Hines noted that all moving expenses (upwards of $50,000)
would be covered.  In addition, they indicated our lease might be extended to
the end of 2004 at our current rate of $6.00 base per square foot and $8.50
add on for utilities and maintenance per square foot, for a total of $14.50
per square foot.  This is an advantageous rate as it was negotiated prior to
downtown becoming so populated.  We confirmed with commercial real estate
agents that average rates for downtown space "A Buildings" now are
considerably higher, in the neighborhood of $22 to $30 per square foot and
more if we were located in the Galleria area.  Our building is considered an
"A Building."

    There is other space in the building that is better laid out, and would
accommodate expansion, if needed.  We are still in the discussion stages --
but it looks like a financially favorable arrangement if everything can be
worked out.  We would be able to move over a weekend, have little or no
disruption of service, maintain the same phone numbers, still be in the same
building -- have more possibilities for expansion if needed, and maintain the
same low rate for a longer period of time.  The space they have offered is
2500 square feet but at our current monthly rental rates.

    We should be able to sublease the space with little difficulty, in the
event a new organization comes into being and our location and office is not
appropriate for the new organization.  Looks like lots of advantages and very
few risks.

    If we stay where we are, our lease runs out in April 2002 in which event
we will probably be required to move and we will spend upwards of $50,000 to
make such a move and be faced with higher per square foot rental costs.
Meanwhile, Cinergy is planning to reconstruct our floor and our office will
be in the middle of construction activity for some time.

    The conversations are in the early stages, and I'll keep you informed as
they go. Let me know if you have any concerns with  this approach.

Best Regards,  Rae


Title: Gas Market Winter Outlook: Fundamental Questions
URL(s):

http://www20.cera.com/eprofile?u=35&m=2753;

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

In an October 18 CERA Conference Call and Web Presentation, Jen Snyder, Bryan
Sanderson, Paul Hoffman, Bob Esser, and Ed Small discussed:

*  Demand: Waiting for a Rebound

*  Supply: Stalling Growth

*  Storage: Reaching Maximums?

Please follow the above URL to view and listen to a replay of this CERA
conference call playback. When the Premiere Conferencing PlaceWare window
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Is this all you need - TSA will not be executed till later down the road
---------------------- Forwarded by Stephanie Miller/Corp/Enron on 01/31/2001
08:16 AM ---------------------------

"Dahlberg, Lynn G" <Lynn.G.Dahlberg@Williams.com> on 01/31/2001 10:05:04 AM
To: "'Stephanie.miller@enron.com'" <Stephanie.miller@enron.com>
cc:

Subject: Assignment Language Edits Permissable to Kern's TSA

Stephanie,
The following language has been approved by our attorney as an acceptable
substitute to the related dentence in the existing TSA. Call me if you have
any questions.

No permitted assignment shall relieve the assigning party from any of its
obligations under this Agreement that existed prior to, or which arise out of
circumstances occurring prior to, such assignment.


attached is Sen. Hagel's energy speech.  He focusses on oil primarily but
also does a nice job of framing the importance of sound energy policy to our
continued economic growth.
----- Forwarded by Steven J Kean/NA/Enron on 09/22/2000 07:31 AM -----

	Rosalee Fleming
	09/21/2000 01:42 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Sen. Hagel's ESI speech

Ken wanted to make sure you saw this speech.
---------------------- Forwarded by Rosalee Fleming/Corp/Enron on 09/21/2000
01:40 PM ---------------------------

Joe Hillings
09/21/2000 12:41 PM
To: Rosalee Fleming/Corp/Enron@ENRON
cc: Tori L Wells/HOU/ECT@ECT
Subject: Sen. Hagel's ESI speech

Rosalee: I understand that Ken Lay and Senator Hagel will be together this
evening at the Horatio Alger event I believe in Williamsburg. The attachment
is the speech Chuck gave this week before ESI and Ken may find it helpful in
some discussion tonight. Joe
---------------------- Forwarded by Joe Hillings/Corp/Enron on 09/21/2000
12:47 PM ---------------------------

Ken_Peel@hagel.senate.gov (Ken Peel) on 09/20/2000 06:34:56 PM
To: George_Behringer@aljuraid.com, rwbliss@aol.com, zb@csis.org,
lcraner@iri.org, don.deline@halliburton.com, hpgoldfield@swidlaw.com,
jhillin@enron.com, m.irace@erols.com, vp@mideasti.org,
mahalati@ix.netcom.com, mh@dci.hhlaw.com, Jim_McVaney@CMAHQ.com,
rich.merski@aig.com, wmorley@uschamber.com, John_Peschke@rpc.senate.gov,
ggs2@columbia.edu, ssinger1@gmu.edu, linda.a.strachan@monsanto.com,
staubenb@bechtel.com, ptomsen@unomaha.edu, philip.vaughn@fluordaniel.com,
gziv@ipforum.org, rzoellick@gmfus.org
cc:

Subject: Sen. Hagel's ESI speech

     I thought you might be interested in seeing a copy of a speech on
     international energy policy that Sen. Hagel gave today at the Economic
     Strategy Institute in Washington, D.C.

 - hagelesi.rtf


Notice No. 00-414
December 04, 2000

TO:
ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE

Effective Date: Tuesday, December 05, 2000 (close of business)

Futures Contract: Henry Hub Natural Gas Futures

Contract Months: All Months

Rate Change:
NYMEX Division Margins on Henry Hub Natural Gas Futures Contracts
Effective Date: Tuesday, December 05, 2000 (close of business)

Clearing Member (Maintenance Margin): Old: $7,500  New: $10,000
Member Customer (Initial Margin): Old: $8,250  New:  $11,000
Non-Member Customer (Initial Margin): Old: $10,125  New:  $13,500

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
Henry Hub Natural Gas Futures Contract.

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

Top Stories (March 28)

CALIFORNIA PUC OK'S POWER RATE HIKE
California regulators Tuesday approved a plan to raise electricity rates by
around 40 percent for customers of the state's two largest utilities to help
the state weather the chronically tight power market.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/03/28/up/0000-4214-.dstenergy_04

CALIFORNIA ISO DECLARES STAGE TWO ELECTRICAL EMERGENCY; CONSERVATION EFFORTS
IMPORTANT AS SUPPLIES REMAIN LIMITED
The California Independent System Operator called a Stage Two Emergency at
11:20 a.m. today, Wednesday, March 28, 2001, as the ISO-controlled Power Grid
responds to the loss of nearly 1,000 megawatts of electricity in the southern
region.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/comtex/2
001/03/28/bw/0000-3691-ca-cal-iso

CON ED MAY EARMARK $200M FOR GRID WOES THIS SUMMER
Consolidated Edison Inc. is considering setting aside $200 million to buffer
the effect of soaring electricity prices if trouble strikes the New York
power grid this summer.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/28/eng-djn/eng-djn_140056_231_389707569033

NIAGARA MOHAWK NEW YORK ELECTRIC SUPPLIES SUFFICIENT FOR SUMMER
Niagara Mohawk Holdings Inc.'s Niagara Mohawk Power Corp. unit expects
supplies of electricity in its upstate New York service area this summer to
be adequate to meet demand.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/28/eng-djn/eng-djn_120053_160_796991640236

TURBO GENSET UNIT IN PACT TO DEVELOP 1.2MW GENERATOR SET
Turbo Genset Inc.'s Turbo Genset Co. unit signed a memorandum of
understanding with DTE Energy Co.'s DTE Energy Technologies unit and United
Technologies Corp.'s Pratt & Whitney Power Systems unit to develop a
1.2-megawatt generator set.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/28/eng-djn/eng-djn_150049_72_6556002977304

ALSTOM WINS MAJOR ORDER FOR CLEAN COAL-FIRED POWER PLANT IN THE US
ALSTOM has won a major order to supply Reliant Energy Seward, LLC, an
unregulated unit of Reliant Energy's Wholesale Group with a 520 MW coal-fired
power plant to be built at Seward in Indiana County, Pennsylvania (US).
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/prline/2
001/03/28/eng-prline_prfrance/eng-prline_prfrance_010354_3440995255349700280

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

NorthWestern To Build 240-MW Pwr Plant In Montana By 2002

Amerigon/Ferrotec -2: Grants Rts In Asia For 10 Yrs >ARGN

Turbo Genset/Generator Devt -2:Subject To Definitive Pact

REPEAT: Con Ed May Earmark $200M For Woes This Summer

Turbo Genset In Pact With DTE Energy, Pratt & Whitney

Turbo Genset Unit In Pact To Develop 1.2MW Generator Set

Oil Industry Still Hanging Out The 'Help Wanted' Sign

Con Ed May Earmark $200M For Grid Woes This Summer

Nuon Enters US Water Mkt, More Acquisitions Likely>N.NUN

Niagara Mohawk/Supply -2: Sees Upstate NY Supply Adequate

Revised Palo Verde Futures Vol. Mar. 27, 3

Niagara Mohawk NY Elec Supplies Sufficient For Summer

SoCal Ed To Make Part Payments On Bonds, CP, To Banks

Ferrotec To Buy $1M Of Amerigon Stk, Pay Added $2M >ARGN

Amerigon Grants Climate Control Sys Rights To Ferrotec

EU Clears Shell Jt Control Of Siemens, E.ON JV

EU/Shell/Siemens/E.ON -2: Will Face Strong Competition

AES/Sri Lanka/Pwr Proj -2: CEB In 20-Yr Pwr Purchase Deal

INDIA PRESS: Enron Aims To Enter Wind Power Ops

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

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

Cypress Energy Inc - Share And Cash Purchase Offer And Election

New World Power Corporation Sets Record Date And Annual Shareholders Meeting
Date

Nuclear Energy Promoted

Top Energy Summaries - Wednesday, March 28, 2001 - 5:06 PM

California Puc Ok's Power Rate Hike

Nui Corporation Completes Acquisition of Virginia Gas Company; Natural Gas
Storage And Pipeline Assets Create New Profit Opportunities for Nui in The
Mid-Atlantic Region

US/Canada Spot Natural Gas: Up in Gulf, Midwest; Topock Soars

California ISO Declares Stage Two Electrical Emergency; Conservation Efforts
Important As Supplies Remain Limited

Energy Producers Inc: Life Energy Technology Holdings Inc - Energy Producers
And Life Energy Agree to Proceed Ahead

New Scana Website Will Save Time, Money And Energy

Teamsters Support Opening Arctic National Wildlife RefugeTapping Alaskan
Resources Eases Economic And Energy Needs Hoffa Says

Repeats: Energy Volume And Open Interest Totals-Mar 28

Ecom-Energy to Use Ebidenergy.Com's Energy Procurement System Agreement Will
Enable Customers to Access More Competitive Rates

Governor Declares April 'Texas Electric Choice Month'; Capitol Event Leads
Tour of Events Across the State

Top Energy Summaries - Wednesday, March 28, 2001 - 2:09 PM

Gasco Energy Inc: New Energy West Corp - Gasco Energy, Inc. Agrees to Acquire
New Energy West Corp.

Westcoast Energy Inc - Finalizes Acquisition of Empire State Pipeline

Lawmakers Debate Energy Bills

Power Woes: Assembly Tries to Halt Utility Sales

American Energy Services (Aeys) Update: Facility Sales to Pemex of Mexico

Top Energy Summaries - Wednesday, March 28, 2001 - 12:25 PM

Energy Update/Los Angeles Department of Water And Power Issues Daily Energy
Update for Wednesday, March 28, 2001

Late-night Electricity Costs May Be Halved - Nonpeak Utility Cuts Could Take
Effect by mid-April

Socalgas to Increase Natural Gas Delivery Capacity

PSE Proposes 50 Percent Rate Decrease for Nonpeak Power Usage - Extra Bonus
Offered If Monthly Usage Is Cut by 10 Percent

Allenergy Selects Energy Services Group; Increased Market Activity Fuels
Demand for Ecommerce Services

Utility Asks to Cut Power Rates for Those Who Cut Back Use

San Joaquin Resources Changes Its Name to Gasco Energy, Inc. And Obtains New
Trading Symbol

H Power Corp. Forms Alliance with Kurita Water Industries Ltd.; H Power Gains
Access to Key Water Purification Technology for Fuel Cells

Transalta Expands Relationship with Praxis Engineers, Installs Dynamic
Coal-Blending Software to Save $2 Million AnnuallySuccessful Implementation
at Transalta's Alberta Plant Leads to New Installation in 1340-Mw Facility in
Washington State

Ensource Energy Services Inc - to Acquire Columbia Gas Turbine And Columbia
Power

Power Efficiency's New Motor Controllers Can Ease California Power Rate Hike

Cbi's 4th Annual Managing Taxation; Structures And Negotiations for A
Competitive Energy Marketplace - Unbundling, Divestitures, Mergers And
Acquisitions

Top California Office Landlords Form Consortium to Address Energy Issues

Luminant Leverages Industry And Technology Strengths to Develop New Solution
for Natural Gas Pipeline Industry

Aes Newenergy Helps Mid-Atlantic Customers Increase System Reliability And
Reduce Electric Bills This Summer

Electric Power Demand Growth in the Peninsula, During February, Reached 4,2%

Bush Nominates Two for Energy Panel

Provident Energy Buys Maxx Petroleum

Woodside and partners sign LNG supply agreement with Kyushu Electric

Constellation Energy Source, W.R. Grace & CO. Partner to Secure Department of
Energy Funding for Plant-Wide Energy Assessment

Innoveda: Transbridge Interface Links Innoveda`S Transdesign, Sdrc`S I-Deas;
Enables Concurrent 3-D Packaging, Full Electrical Connectivity Verification

Lifestyle, Energy Drive Growth Biggest-gaining City Is Jackson

N.Y. Mayor Wants Cap on Power Fees

Mitsubishi Electric Introduces New Family of Battery-Saving, Low-Power
Synchronous Drams

Energy Woes Lacking a Clear Solution

Alstom Wins Major Order for Clean Coal-fired Power Plant in the US

New Energy West Corp - Gasco Energy, Inc. Offers to Buy New Energy West
Corporation

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

Power Output Totals 1.33 Trillion kWh in 2000, Up 10.70% from 1999

Russian Coal Exports Up 18.6% in Jan-Feb

Dutch Utility Nuon to Acquire Utilities Inc.

Environment-Argentina: Winds of Hope for Alternative Energy

Power Issue a Concern

Westcoast Energy Finalizes Acquisition of Empire State

February Generation Rises 3.93% - Chile

Intergen Executes Major Power Purchase Agreement with Brazilian Utility;
Company Partners with Cpfl to Develop 945 Mw Carioba II Project in Sao Paulo

Turbo Genset, DTE Energy, Pratt & Whitney sign power generation MOU

Brazil: Country to Face Ration of Energy

Scotiabank - Commodity Price Index Falls in February As Natural Gas Prices -
Retreat from Record Levels

Municipalities to Lose on Free Power

Enron's Unit Presents Thermal Power Plan to Aomori Gov.

Top Energy Summaries - Wednesday, March 28, 2001 - 9:27 Am

Franco-German group buys stake in Polish power station

Dutch Utility Nuon to Acquire Chicago-Based Utilities, Inc.; Acquisition of
Largest Privately-Owned U.S. Water Company Reflects Nuon's International
Growth Strategy

EDF/EnBW consortium buys 35 pct in Polish power station for 120 mln usd

Top Energy Summaries - Wednesday, March 28, 2001 - 7:40 Am

US-British consortium wins Emirati power project: paper

Lanna Lignite buys extra 5 mln shrs in Gulf Electric to maintain 50 pct stake

Kuwait fund lends Syria $65 million for power project

Moslem rebels attack power barge, army post in southern Philippines

Xinjiang Tebian Electric Apparatus Posts Usd 11.25 Mln in Profits for 2000,
Up 2.6% from 1999

Singapore creates Energy Market Authority

Mitsubishi to Raise Stakes in Australian Coal Businesses

Positives Seen in Loss of NZ Energy Assets

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

Firm Eyes Torrington, Conn.-Plant to Build Fuel Cells

Idaho Power Company AIDS Farmers with High Electric Bills

Fuel Cells Could Alter the Way Power Is Supplied

Chicago Tribune David Greising Column

Scottish Energy Firm Prepares to Buy Regional British Electricity Company

Britain And France in Energy Reform Clash

`Exemption Areas' Set to Expire As Rolling Blackouts Continue in California

Modesto, Calif., Area Markets Cheaper Power As Alternative for High-Tech Firms

Stockton, Calif.-Area Residents Criticize Proposed Electricity Rate Hike

California Commission Considers Electricity Rate Hike

Energy Troubles Push Stockton, Calif., Business Toward Conservation

San Jose, Calif., Mayor Pleads with Energy Firm to Build Center Elsewhere

Orlando, Fla., Utility Commission Likely to Increase Power Rate

California Consumers Express Outrage at Utility Rate Hike

Experts Explain the Specifics of Southern California Utility Rate Increase

Nevada Power Authorities Clamor to Re-Regulate Industry

The Kansas City Star, Mo., Rick Babson Column

Texas Official Gets Seat on Federal Energy Regulatory Commission

California Energy Company Threatens Legal Action Against State

Bush Nominates Texas Public Utility Commission Chair to Federal Energy Post

Members Seek Seats on Alaska-Based Electric Cooperative's Board

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at:
http://news.powermarketers.com/news/articles/ElectricPower.html

Canada natgas rises with U.S. physicals, early NYMEX

Enron CEO says stock hit because of high multiple

FERC's Massey says despite power rate hikes, West needs cap

FERC chief downplays power price caps for Northeast

UPDATE 1-Turbine woe forces Czech nuclear plant to cut output

UPDATE 6-German nuclear waste train reaches destination

US House panel sets April hearings on Calif crisis

Imperial Valley aims to start partial zinc production

Tractebel seeks to double Polish power share to 15 pct

Dutch Nuon buys U.S. Utilities Inc for $402 mln

FERC approves expansion of Transco's Sundance pipeline

Nigeria will break up state power monopoly - minister

TEXT-Moody's rates Public Service Enterprise Group unit

FERC chief says would block any vote on Calif price caps

France's La Hague plant no stranger to protests

FERC says proposed southwest RTO must make changes

U.S. FERC approves GridFlorida regional power system

US FERC approves Coastal Corp natgas pipeline project

Nuclear waste shipments a must - German industry

TECO Energy says to beat Wall Street Q1 estimates

Slovakia to set up energy regulation body in 2003

Arch Coal sees profits exceeding estimates

UPDATE 1-French EdF-led consortium buys Polish power plant

FACTBOX-Key facts on German nuclear waste shipments

Norway urges UK to shut Sellafield nuclear plant

UPDATE 1-Lithuania plans gas utility tender in May

UPDATE 2-Protests halt German nuclear waste train

California's PG&E Co. condemns action by regulators

UPDATE 1-SoCal Edison says to start paying debt interest

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NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing
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RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus
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MANAGING BILLING. The complex requirements for managing billing and
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THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster
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-----Original Message-----
From: 	Winfrey, Christa
Sent:	Wednesday, November 14, 2001 11:59 AM
To:	Tijerina, Shirley; Hogan, Irena D.; Solis, Melissa; Bates, Kimberly; Harvey, Claudette; Black, Tamara Jae; Coleman, Venita; Rode, Tina; Holcombe, Tina ; Clyatt, Julie; Roberts, Chaun; Vuittonet, Laura; Jones, Melissa; Rangel, Ina; Presas, Jessica; Salinas, Michael; Collins, Angie; Finnels-Neal, La Donna; Snow, Dina; Villarreal, Alexandra; Young, Becky; Irvine, Geraldine; Rybarski, Amanda; Choate, Heather; Chapman, Christy; Leigh, Lorie; Zarsky, Lisa; Gordon, D'ann; Butler, Shelly; Noske, Linda J.
Cc:	Shepperd, Tammy R.; Schoppe, Tammie; Brooks, Loretta; Lopez, Susan; Duree, Janelle; Smith, Carli; Belsha, Lorie
Subject:	Additional Move Related Information

A few more important reminders...

Chairs:  Must be labeled for the move---use the wire tags included in your move packets.
Keyboards, mice:  ONLY label non-standard types (i.e. wireless mice/keyboards, special ergonomic keyboards); otherwise, do not label.
Phones:  Do not label these.  New phones will be at your workstations at Enron Center South.
Laptops, cell phones, palm pilots, etc.:  Be sure to remind your groups to take these home.  The move team will not be responsible for moving these over.  However, docking station, cradles, etc. should be labeled.  The move team will move these over and set them up for you.

Thanks again for all your hard work,
Christa
 -----Original Message-----
From: 	Shepperd, Tammy R.
Sent:	Tuesday, November 13, 2001 5:00 PM
To:	Tijerina, Shirley; Hogan, Irena D.; Solis, Melissa; Bates, Kimberly; Harvey, Claudette; Black, Tamara Jae; Coleman, Venita; Rode, Tina; Holcombe, Tina ; Clyatt, Julie; Roberts, Chaun; Vuittonet, Laura; Jones, Melissa; Rangel, Ina; Presas, Jessica; Salinas, Michael; Collins, Angie; Finnels-Neal, La Donna; Snow, Dina; Villarreal, Alexandra; Young, Becky; Irvine, Geraldine; Rybarski, Amanda; Choate, Heather; Chapman, Christy; Leigh, Lorie; Zarsky, Lisa; Gordon, D'ann; Butler, Shelly; Noske, Linda J.
Cc:	Schoppe, Tammie; Brooks, Loretta; Lopez, Susan; Duree, Janelle
Subject:	Move Related Issues

As you all know, our move is scheduled for this weekend.  Hopefully,  you and your groups are all progressing well in your preparations for the move this Friday. Please take the time to read the information contained in this message because most of the information contains reminders or FYI items and will be important to you and your group.  Please forward this to those in your group that may need this information.

?	Voicemail instructions - Please have everyone in your group clear all new voicemail messages by 5:00 PM, Friday, 11/16.  All saved messages, greetings and recorded names will be saved.  If a message is left before cutover the message will be saved, but the message light will not be displayed when you arrive.  As a precautionary meassure please check voice mail upon your arrival Monday morning even if the message light isn't on.

?	Building access - ECS will not be available for general access until Monday morning at 5:00 AM.  Due to the gas and power moves being combined, it is unlikely that the move team will be prepared for the POC's to come in on Sunday to unpack.  (Separate instructions will be generated for those who are needed to test trading applications.)  NOTE: Only those whose names have been approved and submitted to security will be allowed access on Sunday.
o	Monday - 5:00 AM for all employees

?	Security & badges -  All POC team members should be familiar with the routes into ECS as we discussed at our recent move meeting.  Please be sure to share this information with all of the people in your group.  If you need additional copies of the floor plans that have the access routes highlighted, please contact Carli Smith (5-3473). Please stress to everyone to have their badges with them at all times.  No one will be allowed access without their badge.  If anyone tries to access the building from the garage via the skyring and they do not have their badge, they will be sent back through the garage to the street level to walk across the street to the round kiosk in the Enron building lobby to get a guest pass and then proceed back to ECS via the 2nd floor and the skyring.

?	Move team colors - As mentioned at the move meeting, the following is a list of the color designations (vests) for the various teams that will be on the floor when we move in.
o	Red - Move Team
o	Orange - Desktop Support/IT
o	Green - Telephony

?	Newspaper subscriptions - The delivery location for all newspaper subscriptions need to be changed to ECS 05/06.  It is our intention to have all daily newspapers delivered to the mail desk located in the ECS 2nd floor corridor.  It will be the responsibility of the assistants to either pick up the papers for their group or designate someone in their group to pick up the papers.  If your papers continue to be delivered to your old floor of ECN, contact Sunny Rodgers (3-6116).

?	Move boxes -  Please encourage your group to pack and bring no more than about 6 boxes per person.  You may call Facilities (3-6300) if you need to request additional boxes.

?	Move labels -  If you run out of labels or if you are missing any labels, please call Carli Smith (5-3473) to have additional or missing labels printed.

?	Laptops - Important - Please ensure that all cable locks have been removed from all laptop computers by 5:00 PM on Friday.  If any cable locks are left on the computers they will be destroyed by the move team in order to move the computers as scheduled.

.	Bottled water - Every kitchen has an ice machine that also dispenses filtered water.  The large bottles of water (5 gallon) will not be allowed on the floor.  We would also like   to discourage the use of small bottles of water due to limited storage space and the availability of filtered water at several locations.

?	Phone sets - Although most of you are aware of this, we just wanted to remind you that there will be only one phone on each desk - either a turret or an Avaya, but not both.  Do not tag your phones, a new phone will be waiting for each person on their desk in the new building

I hope I have covered some of the outstanding questions or issues you might have, but if I have missed something, please let me know.  Thanks so much for all your help and hard work.


Hey, I was an invited guest.  It wasn't my party!  Sounds like someone is
trying to weasel herself out of trouble.

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net

	Genia FitzGerald@ECT
	10/10/00 03:23 PM

		 To: Marie Heard/Enron Communications@Enron Communications
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: Re: HOTDOG !This is sooo adorable!

Thanks for inviting me to share Mexican food with you.  Tana said it was YOUR
fault I wasn't invited!!!!!

Genia
----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 03:21 PM -----

----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 02:30 PM -----

 - Hotdog PHOTO2.jpg


From:  Sally Beck @ ECT                           10/10/2000 05:58 PM

Sent by: Patti Thompson@ECT
To: Mike Jordan/LON/ECT@ECT, James New/LON/ECT@ECT, Mike
Wellings/LON/ECT@ECT, Coralie Evans/LON/ECT@ECT, Robert Yeo/LON/ECT@ECT, Paul
D'Arcy/LON/ECT@ECT, David A Wall/Risk Mgmt/LON/ECT@ECT, Andrew
Cornfield/LON/ECT@ECT, Cindy Horn/LON/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT,
Leslie Reeves/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron, Stacey W
White/HOU/ECT@ECT, Peggy Hedstrom/CAL/ECT@ECT, Brenda F Herod/HOU/ECT@ECT,
Brent A Price/HOU/ECT@ECT, Scott Earnest/HOU/ECT@ECT, D Todd
Hall/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Kevin Sweeney/HOU/ECT@ECT,
Fernley Dyson/LON/ECT@ECT, Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Jan-Erland Bekeng/AP/Enron@Enron, Scott Mills/HOU/ECT@ECT, Barry Pearce/Enron
Communications@Enron Communications, Kristin Albrecht/Enron
Communications@Enron Communications, Wanda Curry/HOU/ECT@ECT, Meredith M
Eggleston/HOU/EES@EES, Shona Wilson/NA/Enron@Enron, Eugenio
Perez/HOU/ECT@ECT, Michael E Moscoso/HOU/ECT@ECT, Neil Tarling/Enron
Communications@Enron Communications
cc:

Subject: Global Operations Controller Forum

Please fill in the following information and email (or fax 713-345-8100) to
me as soon as possible. (The same day would be great!)

Please select dinner entr,e for Sunday, Oct 22	Pan seared medallions of Black
Angus tenderloin, or	this looks good
	Grilled chicken breast w/ artichoke, mushrooms & light herb sauce
Hotel reservation:	Both Sunday and Monday nights	will stay at home
	Sunday night only
	Monday night only
	Extend for additional nights
	Smoking or non-smoking room
Flight information:	Date of arrival
	Airline/flight number
	Houston arrival time
Shirt size:	Women's or men's size	men's
	small, med, large, x-large, xx-large	xx-large

Thanks,
Patti x39106


Sir,
 For the month of August, 2000, we will take 50% of our open Block Forward
position financial instead of physical. We would like to make this change
because we think the elimination of physical risk will benefit us
commercially. Thus for bona fide commercial reasons, we will go financial
with 50% of our open Block Forward position.

Bob Badeer

Manager
West Power Trading
Enron North America


More complete info.
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/28/2000 03:29
PM ---------------------------

Tracee Bersani@ECT
11/28/2000 03:26 PM
To: Cheryl Lipshutz/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, Peter N
Anderson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, robtaylor@andrews-kurth.com,
Roseann Engeldorf/Corp/Enron@ENRON

Subject: Re: Turbine Serial Numbers for UCC filing

Here it is.

Regards
Tracee

From: Cheryl Lipshutz on 11/28/2000 03:24 PM
To: Tracee Bersani/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, Peter N
Anderson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, robtaylor@andrews-kurth.com,
Roseann Engeldorf/Corp/Enron@ENRON
Subject: Re: Turbine Serial Numbers for UCC filing

Tracee,
Aren't there 8 LM 6000 turbines?  If so, do you have the serial numbers to
the last two ones?

	Tracee Bersani
	11/28/2000 02:59 PM

		 To: robtaylor@andrews-kurth.com, Kay Mann/Corp/Enron@Enron
		 cc: Cheryl Lipshutz/HOU/ECT@ECT, Peter N
Anderson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Turbine Serial Numbers for UCC filing

Rob/Kay,
As discussed in today's meeting, I have the turbine serial numbers for you:

1.  LM 6000 Serial numbers:

Regards,
Tracee
713-345-5688


Stacy:
I spoke with John about this.  I think in the Master Physical language we
need to do 2 things to the existing language:

1. Clarify that the exposure that is being subtracted from $50M is ENA's
Exposure.  The defined term in the ISDA is "Exposure".

2. Clarify that Counterparty's threshold is zero if as a result of
subtracting ENA's Exposure from $50M you get a negative number.

We will go ahead and draft the multi-product guaranty and copy you on the
draft that we send out.

Carol

----- Forwarded by Carol St Clair/HOU/ECT on 06/19/2000 09:21 AM -----

	John Suttle
	06/19/2000 08:29 AM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: Re: Energen

Carol,

Sorry for the confusion.

1) Yes - the guaranty should cover both contracts - $75MM to cover the
aggregate $50MM threshold.
2)  I spoke with Jeff Hodge on whether or not this would work prior to
sending worksheets to you guys.  The idea is that there is a $50MM aggregate
threshold for the counterparty.  The ISDA will be a normal ISDA - with a
$50MM threshold.  The Master Physical will be the document that needs to be
customized to the new concept.  The Master Physical threshold language is to
simply read that there is a $50MM threshold less any exposure under the ISDA
collateral threshold.  I understood that Stacy or Jeff would adapt the Master
Physical to address any legal language differences in the contracts  - i.e.
"Exposure", "Termination Amounts" etc.   Your team needs only to provide the
ISDA to Stacy Dickson's group, and I believe they will draft the Master
Physical to their comfort level.

Please call me to confirm whether or not you need anything else on this  -
and whether or not you think it can go out today.

Thanks,

John

   Carol St Clair                06/16/2000 05:13 PM

To: Brad Schneider/Corp/Enron@Enron, John Suttle/HOU/ECT@ECT
cc: Susan Bailey/HOU/ECT@ECT
Subject: Energen

Brad and John:
We have not sent out the ISDA draft on energen because I need calrification
on the following points:

1. Is the $75MM Guaranty cap meant to cover both physical and financial
combined or are we doing separate Guarantys each with a $75MM cap amount?

2. How does the $50MM collateral threshold work?  I noticed in the physical
master that it appears as if we subtract from the $50MM threshold our
exposure under the ISDA to arrive at the Counterparty's threshold, although
the language in the physical says "the exposure" and it is not clear whose
exposure they are talking about.  Is that how it is suppposed to work?

Carol


Initial thoughts -

Can we use Enron Australia as the counterparty to avoid these issues for now,
and then when a book has been established assign all the positions to Enron
Japan?

Can we get (or maybe give?) the rep if we soften it a bit by taking out the
word "ordinary" or maybe the entire phrase "in the ordinary course of its
business"?

Is there a government agency that can give us an opinion or "no action" type
of letter to give us some comfort that we are OK?  It may not be quick enough
to get us through this trade but it might open the door for future business.

If the end result is that there is no adequate fix and local counsel advises
that we are taking significant potential criminal liability, I would think
that both parties would be willing to agree to unwind the trade.  If
necessary, my suggestion would be to raise the potential for criminal
sanctions issue to Mark H.  (What are the potential sanctions?)

	Jane McBride@ENRON
	10/20/2000 05:26 AM

		 To: Jeremy.Pitts@BAKERNET.com
		 cc: Alan.Aronowitz@enron.com, Mark.Evans@enron.com, Mark.Taylor@enron.com,
Paul.TYO.Davis@BakerNet.com
		 Subject: RE: ... Urgent Weather Derivative Advice ...

Have spoken with Joe Hirl.  If there was any way we can take advantage of or
use for the purposes of establishing Enron Japan weather exposure, all the
exposure of other Enron companies, this should help us to establish
legitimate weather exposure.  Enron always has weather risk and we keep a
global weather book although of course we have open positions sometimes.

Obviously we are mostly concerned about criminal liability.

It seems to us that if we cant do the first deal, there is no position for
market makers here, which just doesn't make sense.

Thanks.

Jane McBride
Senior Legal Counsel
Enron Japan Corp.

Otemachi 1st Square Bldg.
West 11th Floor
1-5-1 Otemachi, Chiyoda-ku
Tokyo 100-0004
Japan

Tel.:       81-3-5219-4500 (Main)
              81-3-5219-4553 (Direct)
Fax:       81-3-5219-4510

Assistant (Maggy Yamanishi)
Tel.:        81-3-5219-4554
Email:      Yo.Yamanishi@enron.com

	Jeremy.Pitts@BAKERNET.com
	10/20/2000 06:17 PM

		 To: Jane.McBride@enron.com
		 cc: Alan.Aronowitz@enron.com, Mark.Evans@enron.com, Mark.Taylor@enron.com,
Paul.TYO.Davis@BakerNet.com
		 Subject: RE: ... Urgent Weather Derivative Advice ...

Thanks Jane - I am scheduled to meet the Japanese lawyers on Monday morning
and
will let you have our reply as soon as I can.

Best regards

Jeremy

      -----Original Message-----
      From:   Jane.McBride@enron.com [mailto:Jane.McBride@enron.com]
      Sent:   Friday, October 20, 2000 6:18 PM
      To:   Jeremy.Pitts@BAKERNET.com
      Cc:   Alan.Aronowitz@enron.com; Mark.Evans@enron.com;
Mark.Taylor@enron.com
      Subject:   ... Urgent Weather Derivative Advice ...

       << File: Weather-HDD-Floor-OTC-ToaRejmb2000-10-20!.doc >> Dear
Jeremy,

      Pls see for your information my email to Alan, Mark and Alan.

      As discussed, your answers to my questions can be quite brief
and pls cross
      reference previous advice rather than repeating it.

      I think the answer to question 1 - whether we can give the
warranty - has
      got to be no.  So short and sweet on this is fine.

      Re whether we can go ahead without the same (c)(ii) from them
(but with
      (c)(iii)) is a harder question and I understand that all you can
do is
      explain our risk and exposure, in light of the current factual
situation.

      This is a risk appetite question at the end of the day.

      Jane

      ----- Forwarded by Jane McBride/AP/Enron on 10/20/2000 05:57 PM
-----

                          Jane McBride

                                               To:     Alan
Aronowitz/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
                          10/20/2000           cc:
Jeremy.Pitts@BAKERNET.com, John Viverito/Corp/Enron@Enron,
                          05:57 PM             Jonathan
Whitehead/AP/Enron@Enron, Mark Evans/Legal/LON/ECT@ECT,

Paul.TYO.Davis@BakerNet.com, Morten E Pettersen/AP/Enron@Enron, Joseph P
                                               Hirl/AP/ENRON@ENRON

                                               Subject:     ... Urgent
Weather Derivative Advice ...(Document link: Jane
                                               McBride)

      Dear Alan and Mark,

      I am going to need you to help me make a risk decision.  I
welcome input
      from Mark Evans but he may be more comfortable leaving this up
to Alan and
      Mark because Alan and Mark have been involved in this gambling
issue from
      the beginning.

      Jeremy Pitts and I have had a brief conversation re my email to
him below,
      this afternoon, but he will not be able to get written comments
signed off
      by Japanese lawyers to me until Monday.

      The situation relates to the Tokyo's office's first weather
derivatives
      deal, which is with a company called Toa Reinsurance.  In a
nutshell the
      situation is that negotiations have come to a standstill because
neither
      side can move on their positions re the gambling warranties.
The deal of
      course though has already been done over the telephone several
weeks ago.

      In a nutshell then, based on discussions with Jeremy Pitts, but
to be
      clarified by Japanese lawyer on Monday, the situation is:

      1.   In terms of Enron Japan's ability to trade weather
derivatives here,
      we are operating in the grey even if we can get warranty
5(c)(ii) from
      them.

      2.   ToaRe will not give us the important warranty - 5(c)(ii)
below,
      because they say they can't.  They say they are not actually
"entering into
      the deal to hedge weather related risks arising in the ordinary
course of
      their business" - which is what the subject warranty says.  B&M
have
      advised that the obtaining of this warranty from a counter party
helps keep
      us in the grey and out of the red in terms of what we are doing
and also
      gives us comfort that the counter party can do the deal.

      3.   ToaRe is, in addition, separately asking us to give them
the same
      warranty.

      Jane McBride analysis

      Re 3 - Given that our legal situation is grey at best, I do not
think we
      should be giving the warranty they have requested.  They say
they will not
      give us that warranty.  The issue then is whether we can go
ahead without
      getting the warranty from them, bearing in mind that a binding
telephone
      deal has been done.

      If you agree with me that we can't give the warranty, then we
have to
      decide whether we can go ahead without getting the warranty
referred to in
      (2) above, from them.  I am not sure however that in practice we
even have
      a choice given that the trade has been done.

      If we go ahead without giving and without getting the warranty,
the risk to
      us is that we are more likely to be in breach of the prohibition
on
      gambling in the Criminal Law.  Are we willing to take this risk
and who
      needs to give me this answer?

      Jane

                          Jane McBride

                                               To:
Jeremy.Pitts@BAKERNET.com
                          10/20/2000           cc:
Paul.TYO.Davis@BakerNet.com, Alan Aronowitz/HOU/ECT@ECT, John
                          02:06 PM
Viverito/Corp/Enron@Enron, Mark Evans/Legal/LON/ECT@ECT, Jonathan

Whitehead/AP/Enron@Enron, Mark Taylor/HOU/ECT@ECT
                                               Subject:     ... Urgent
Weather Derivative Advice ...(Document link: Jane
                                               McBride)

      (See attached file:
Weather-HDD-Floor-OTC-ToaRejmb2000-10-20!.doc)

      Dear Jeremy,

      I would like to refine the following instructions.  There are
two (only)
      issues on which we need specific written advice and they both
relate to
      Warranty (c)(ii) of the draft which says "XYZ is entering into a
weather
      derivative transaction to hedge weather related risks arising in
the
      ordinary course of its business".

      1.   (a)  Can Enron Japan give the warranty at this stage in its
growth?
      Have we already had any written advice from you on whether Enron
Japan can
      warrant along these lines?  If so, when?  If not, the facts seem
to be
      that:

         Enron Japan plans to trade commodities which are energy
related but
         because we are still building up the business we are not
trading these
         products yet.
         As you know, we are getting into the power market.  If we
have done a
         weather derivative, then we can of course offer better prices
on the
         electricity deals we are negotiating.
         Other Enron companies are of course already trading many
weather
         dependant commodities and power.

      It could be argued therefore that unless we can rely on the
weather related
      risks of other Enron companies to justify our weather derivative
      transacting in these early days, that this is a speculative
transaction
      constituting gambling (depending on how the law on this works).
It is
      understandable that ToaRe would want us to warranty in effect
that we are
      not gambling because we are asking them to do so.  I know we
have had sign
      off from B&M re our weather derivative trading but I wonder if
anyone
      considered what the situation would be before we ourselves had
other
      transactions giving us weather related risks.

      (b)  If not, how could it be amended so that we can give it?

      (c)  If still relevant in the context of your answers to (a) and
(b) above,
      they did offer previously to take out all warranties so that
neither party
      gives any warranties.  The deal cannot be cancelled because it
was done on
      the telephone late Sept.  Accordingly, what is the practical
risk of us
      proceeding without the benefit of any warranties from ToaRe
(including the
      warranty that they are under the Insurance Business Law - ie an
insurance
      company.)?

      2.   They are insisting they not give (ii) and that we be
satisfied with
      (iii) only for the purposes of the Gambling Law  Pls confirm in
writing
      whether you think we can still go ahead on this basis.

      Thanks.

      Jane McBride
      Senior Legal Counsel
      Enron Japan Corp.

      Otemachi 1st Square Bldg.
      West 11th Floor
      1-5-1 Otemachi, Chiyoda-ku
      Tokyo 100-0004
      Japan

      Tel.:       81-3-5219-4500 (Main)
                    81-3-5219-4553 (Direct)
      Fax:       81-3-5219-4510

      Assistant (Maggy Yamanishi)
      Tel.:        81-3-5219-4554
      Email:      Yo.Yamanishi@enron.com

                          Jane McBride

                                               To:
Jeremy.Pitts@BAKERNET.com, Paul.TYO.Davis@BakerNet.com
                          10/20/2000           cc:

                          10:57 AM             Subject:     RE: ToaRe
documentation(Document link: Jane McBride)


To All:

This update clarify's our trading position with the Sempra relationship on
EOL and over the phone:
-All Sempra entities on EOL should maintain their term of 36 months.  This is
approved as a result of the credit controls of EOL.
-Trading over the phone is OK inside 12 months and should be managed between
12 and 36 months accordingly based on the transaction, counterparty current
exposure, contract collateral rights and credit reserve, if any.
-Exposures should be monitored daily by all members of the credit group.

SDG&E Update:
Short Term Power transactions are OK via phone transactions only.

Russell

---------------------- Forwarded by Russell Diamond/HOU/ECT on 02/05/2001
01:18 PM ---------------------------

From:  Russell Diamond
     02/05/2001 10:27 AM

To: William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Tanya
Rohauer/HOU/ECT@ECT, Nidia Mendoza/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT,
Russell Diamond/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Paul Radous/Corp/Enron@ENRON,
Edward Sacks/Corp/Enron@Enron, Tom Moran/HOU/ECT@ECT, Wendi
LeBrocq/Corp/Enron@Enron, Veronica Gonzalez/HOU/ECT@ECT, Darren
Vanek/NA/Enron@Enron, Martin O'Leary/HOU/EES@EES, Andrew
Greer/NA/Enron@Enron, Jane Wilhite/NA/Enron@Enron, Walter
Guidroz/NA/Enron@Enron, Veronica Espinoza/Corp/Enron@ENRON, Jason R
Williams/NA/Enron@ENRON, Rudwell Johnson/NA/Enron@ENRON, Wendy
Conwell/NA/Enron@ENRON, Tim Davies/LON/ECT@ECT, Oliver Harrison/LON/ECT@ECT,
Lee Munden/LON/ECT@ECT, Neil R Anderson/LON/ECT@ECT, Anna Reich/LON/ECT@ECT,
Claire Viejou/LON/ECT@ECT, Karolina Moran/LON/ECT@ECT, Cecile
Fleury/LON/ECT@ECT, John Suttle/HOU/ECT@ECT, Rod Nelson/LON/ECT@ECT, Sonya
Clarke/LON/ECT@ECT, Diana Higgins/LON/ECT@ECT, Allan
Ford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Sempra and San Diego Gas & Electric Trading Policy

To All:

Per myself, Jason Williams and Bill Bradford, we have set forth a near term
trading policy with Sempra and SDG&E in light of the California Power
concerns. Please see below:

Sempra trading relationship:
Maintain all trading (any commodity) with in one year.  Transactions outside
of one year need to be approved on a one off basis with due analysis and
credit reserve if necessary.

San Diego Gas & Electric (SDG&E):
Financial and Physical Gas- limit trading to inside three months, no
transactions outside of this term.
No Power transactions.

These relationships will be reviewed and updated once the California
Legislature finalizes its Power bid's.

Regards,
Russell


We have received a revised Unanimous Consent of Directors dated 8/28/00
("Board Resolution") from the referenced Counterparty which expands the
approval given in their initial Board Resolution (provided when we executed
the ISDA Master Agreement) to allow them to enter into "pulp, lumber and
paper commodity price swap and options, and other commodity price swap and
option transactions"  with ENA.

For ClickPaper, this should allow them to trade all the financial products we
trade.  For EnronOnline, this should allow them to trade all commodity swaps
and options.  If Credit will add this to the next spreadsheets for both
ClickPaper and EnronOnline, I will amend my approval.

I will circulate a copy of the revised Board Resolution to Global Contracts
and Camille Gerard.


Jeff, Just looking at teeing my a schedule.. any feedback from either/ both.

BT


The attached schedule is for Thursday, Jan 31.  Associated text files will be posted to Sparky today.

Michael R. Frazier
Manager
Load Forecasting Desk
Enron Energy Services
Office: 713-345-3200
Pager: 877-926-0615
P-mail: 8779260615@skytel.com


Cris,  Attached are redline versions of revisions to the Lost Creek Capacity
Allocation and Expansion Agreement which we had discussed some time back.
The changes were made to accommodate several goals, but the one that you
should have any concern with are in Section 2.3 and the definition of Third
Party Gathering Agreement.


Note:  Short Study from CERA on effect of CA decision on distributed energy
strategy.  LB

-----Original Message-----
From: webmaster@cera.com [mailto:webmaster@cera.com]
Sent: Tuesday, September 25, 2001 9:01 PM
To: clients@cera.com
Subject: Effects on Distributed Energy Are Unclear - CERA Alert

Title: California Rescinds Customer Choice; Effect on Distributed Energy Is Unclear
URL(s):

http://www20.cera.com/eprofile?u=35&m=2686;

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

EFFECTS ON DISTRIBUTED ENERGY ARE UNCLEAR

On September 20, 2001, the California Public Utilities Commission (CPUC) voted
to rescind electric retail choice, effective immediately. Although there are no
pending decisions directly addressing distributed energy, many stakeholders
fear that the door is now open to nonbypassable charges and exit fees that
would render new self-generation projects uneconomic.

*   Amid higher rates, industrial customers examine self-generation options,
but incentive program for projects under 1 megawatt is sending mixed signals.

*   Southern California Edison's still-precarious financial situation is a
threat to many existing small power producers in the state.

*   PG&E's bankruptcy recovery plan would provide 100 percent payment to
generators.

*   Continued uncertainty is chilling the market for distributed energy.

**end**

Follow above URL for complete Alert (2 printed pages).

E-mail Category: Alert
CERA Knowledge Area(s): Distributed Energy

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

***********************************************************************
CERA's Autumn 2001 Roundtable event dates and agendas
are now available at http://www20.cera.com/event
***********************************************************************

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Copyright 2001. Cambridge Energy Research Associates


this one is from john - and should say from john


FYI.  ILY.  SYT.  JTW.

-----Original Message-----
From: clarencekerley [mailto:Bill@bkspeaks.com]
Sent: Friday, February 01, 2002 9:19 AM
To: ordinarylife@yahoogroups.com
Subject: [ordinarylife] What Do You Know? For Sure?

ORDINARY LIFE - Thoughts and Ideas To Help You Live a Happier Life

======================================

PREVIEW for February 3, 2002

======================================

Dear Folks -

   Wow! What a ton of feedback I've gotten from the past two Sundays.
I'll share that with you this week. Most of it is about the
presentation on our work in Bolivia. Some of it about community-
building.

   Some of the more "theological/theoretical" questions I've gotten
have to do with the general area of "how do we know what we know and
how do we know if it is true?"

   If our goal is to take the journey of life in such a way that we do
not die an unlived life, how do we know that the choices we make about
being and doing are correct and true?

   A couple of years ago there was a movement that attempted to answer
this question by the phrase WWJD - What Would Jesus Do? What, for
example, would Jesus do about the terrorist attacks on 9/11?   Then
there were the copycats of that position - What Would Buddha Do? etc.
My beautiful bride suggested WWGUD - What Would A Grown-Up Do?

   This week when we gather I want to talk with you about these
terribly important matters ?

     How Do We Know - For Sure

                And

          How Do We Decide?

   I hope you choose to be present.

Much love,

Bill Kerley

======================================

Ordinary Life is a gathering that provides an opportunity to develop an
enlightened heart and an awakened mind to the reality of the present
moment.

The gathering meets on Sunday mornings at 9:45 am in Fondren Hall at
St. Paul's UMC - 5501 South Main, Houston, Texas and is taught by Dr.
Bill Kerley. If you would like more information -

Contact Bill Kerley -

E-Mail - Bill@bkspeaks.com
Web - www.bkspeaks.com
Voice - 713-663-7771
Fax - 713-663-6418
Mail - 6300 West Loop South, Suite 480 Bellaire, TX 77401
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Kathy, attached is a redline from our previous discussion. The only remaining issue is  Section 4.2, please give me a call to discuss.

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


For your info.
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/13/2001 11:52
AM ---------------------------

"Boyd J. Springer" <bjspringer@JonesDay.com> on 03/13/2001 09:48:38 AM
To: gregg.penman@enron.com, kay.mann@enron.com
cc:

Subject: Master Sales

Jerry Fox called to tell me that a decision has been made to by Peoples to
withdraw the Petitions for Approval of the PGL and North Shore Master Sales
Agreements. Jerry says this has been discussed with Enron. According to
Jerry, the intent is to proceed with some of the transactions contemplated
by the Agreement under exceptions to the affilliated interest approval
requirements. (As you may recall, we discussed the possibility that some
PGL/North Shore-enovate transactions may be expempt from the approval
requirement before the Peitition was filed. ) At this early stage of the
approval filing, the ICC Staff has not submitted testimony explaining its
opposition to approval. From the Staff's data requests, however, it appears
that they are not convinced that there is sufficient customer (i.e.,
public) benefit from establishing a contract between a utility and an
affiliated entity to perform the transactions contemplated by the Master
Sales Agreement when Peoples/North Shore acknowledge in the Petition that
there are other contracts in place with non-affiliates to perfrom the same
type of transactions. The Petition takes the position that the contract
with enovate is beneficial in the same respect that each non-affiliate
contract has benefit. ICC Staff (apparently) feels that the incremental
benefit of one more contract is not enough to offset perceived risks
associated with blanket approval of affilliate transactions under the
Agreement. It may be possible persuade staff to change its position if we
can show that the agreement with enovate will have a more significant effec
on PGL/Noth Shore that one of the non-affiliate agreements. In other words,
evidence of something unique or special about what enovate brings to the
table is what could turn this around (if you are interested in doing so.) .
Please call with any questions you may have.

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When you change this to no confirm, please put a note in the comment section
about why we are not domfirming it, because it falls within our guidelines to
confirm and at somepoint, I will be asked why we did not confirm this deal.

Thanks!

   Kate Symes                02/23/2001 05:41 PM

To: Sharen Cason/HOU/ECT@ECT
cc:
Subject: Re: #529538

Deal should be no confirm. It was done by Stan Cocke in Services, and those
guys deal directly with their counterparty contacts. He thought he marked
this no confirm, but must have defaulted to confirm anyway. I'll change deal
as soon as risk is done with their calc.

Kate

	From:  Sharen Cason                           02/23/2001 01:59 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: #529538

This deal does not have a contact.

Thanks!


Hi Katie,  Yes I am back in town.  Sorry I wasn't able to return your email
yesterday.  It has just been crazy around here and I am leaving for San
Antonio tommorrow and will be out the rest of the week for the Enron Legal
Conference.  It is going to be at La Cantera on the northwest side of SA.
The place sounds pretty relaxing, so it should be fun.  Back in Houston
Friday late.

Yea Denver was nice.  Slight delay in the flight, but not due to weather.
Just the usual airline misadventures.  It was snowing pretty hard when I
arrived.  Kinda nice to be around some actual cold weather for a change.
Worked all day Friday and stayed with some friends Sat. night.    Wish I had
time to go up to the mountains for skiing.  So your not big on skiing huh?
The first time I went I hated it, but as you get better it really becomes a
lot of fun.  Last time I went (last March) I tried snowboarding.  It was a
lot of work to learn a new snow sport.  It was cool after I got the hang of
it, except for dislocating my shoulder.  Ouch!

Sounds like ya'll had a good time at Northgate.  I hate it when friends take
you out and get you drunk.  That seems to happen to me occasionally.  OK more
than occasionally.

This time change does make for a rough week.  I didn't wake up until 8:00 am
for work on Monday.  Just a little later for work than usual.

Coming into Houston anytime soon?  If you get a chance, I'd really like to
take you to dinner sometime.  Take care.  Bye!

Gerald


- enequotes.xls


Attached is a newly revised Credit Watch listing.  If there are any
personnel in your group that were not included in this distribution, please
insure that they receive a copy of this report.

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at x5-7095, Brant Reves at x3-9897, or Veronica Espinoza at x6-6002.


4 counterparties for a total of $10.2MM makes me think that each one must be
pretty large.  I am copying Leslie on this note, as I would like to know the
names of the counterparties in the over 90 day bucket and how many dollars
are associated with each one -- also how likely we think that collection is
in each case.

Leslie:  I know that it may be that reconciliation is not far enough along at
this point to provide this kind of detail, but it is the type of question
that Dave may ask.

Lisa B Cousino
09/27/2000 02:19 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: A/R Question on Counterparties for Delainey report

Sally - I checked into the number of counterparties that we included in the
A/R balances that were being reconciled.  It is 4 as stated below.  Please
let me know if you need anything else.  I did deliver copies of they July and
August report to Tammie Shepherd.

Lisa

---------------------- Forwarded by Lisa B Cousino/HOU/ECT on 09/27/2000
02:11 PM ---------------------------

Brian Heinrich
09/27/2000 01:11 PM
To: Lisa B Cousino/HOU/ECT@ECT
cc:
Subject: Re: Question - Delaney Report

---------------------- Forwarded by Brian Heinrich/HOU/ECT on 09/27/2000
01:11 PM ---------------------------
To: Audrey Cook/HOU/ECT@ECT
cc: Brian Heinrich/HOU/ECT@ect
Subject: Re: Question - Delaney Report

Actually, counting the monetized counterparty that we lumped in it would be 4
counterparties.

Audrey Cook
09/26/2000 02:42 PM
To: Brian Heinrich/HOU/ECT@ect
cc: Bryce Baxter/HOU/ECT@ECT
Subject: Question - Delaney Report

Brian,
The answer to your question regarding the number of counterparties in
"reconciliation status" on the Delaney Report is 3.  Let me know if you have
any further questions.  Thanks
ajc


Hi Mike, as per our discussion I have managed to find a place for Michael in
EBS' D.C. office.  It is likely that he will work for me on the EBS side but
will live in D.C.  I will finalize that later.   Vince had mentioned that it
is okay with him as long as it is okay with you. So please double check with
Vince on this.

I suggest the following transition:

Start date in D.C.   May 1, 2000

From now till the start date, Michael will slowly transition into my group
but MAKE SURE that your activities are transitioned into someone else.  But I
would like to propose the May 1, 2000 date as hard start so that Michael will
have to start moving few days before that, etc.

Regards,

Ravi.


Whenever you would like give us a call and I'll get Theresa.

 -----Original Message-----
From: 	Frank, Carole
Sent:	Thursday, October 25, 2001 8:03 AM
To:	Lucci, Paul T.; Staab, Theresa
Cc:	Bike, Anne
Subject:	Denver Deals

Paul,

Could you set aside some time today to talk to me about the recent Kennedy Oil deal in addition to 2 other deals.  These other deals were discovered in our bid week preparations, and are causing our desk some pretty big negative Prior Month Adjustments.  So, we need to get these resolved.  The first one is the Williams / wic deal. The deal #'s for that are 121890,854562, & 1068893.  The reason for the split of this deal is b/c our books changed names.  The second deal in question which needs to be resolved a.s.a.p. is a Red Rock Energy LLC deal #133661.  This deal is being booked to Denver in Sitara, but in Tagg the risk is going to Keith Holst and Mike Grigsby.

Please look over these deals and let me know when a good time to talk will be.  Thank you!

Carole C, Frank
Enron Net Works

713.345.3960 work
713.446.9307 cell