Message-ID: <5123267.1075851840678.JavaMail.evans@thyme> Date: Wed, 20 Dec 2000 16:18:00 -0800 (PST) From: enron.announcements@enron.com To: all_ena_egm_eim@enron.com Subject: EnTouch Newsletter Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: Enron Announcements X-To: All_ENA_EGM_EIM X-cc: X-bcc: X-Folder: \Juan_Hernandez_Nov2001\Notes Folders\All documents X-Origin: HERNANDEZ-J X-FileName: jhernan.nsf BUSINESS HIGHLIGHTS Weather Group On Wednesday, December 6th, The Weather Channel aired an episode of their= =20 show "Atmospheres," which included a fifteen minute segment focusing on=20 Enron's Weather Risk Management business. Mark Tawney, Steven Vu, Gary=20 Taylor, and Steve Bennett were featured. The Weather Channel has aired the= =20 episode periodically since then. The parts that make it through the Enron= =20 cutting room floor will be coming soon to an elevator near you! If you wou= ld=20 like to view a copy of the episode in its entirety, please contact Yvette= =20 Simpson at ext. 3-9595. The Weather Risk Management group completed the first ever Power Demand=20 transaction this week. The transaction was a swap based on the PJM demand= =20 index. Power Demand contracts use average peak power demand as an index an= d=20 allow power market participants (generators, btu distributors, marketers,= =20 etc...) to mitigate volumetric exposures. Weekly swaps are available on=20 EnronOnline and the desk has placed option contracts on this index in the= =20 broker market. Inquiries regarding this product should be directed to=20 Claudio Ribeiro, product manager ext. 3-7313, Gary Taylor ext. 3-1511, or= =20 Valter Stoiani ext. 3-6906. West Power Trading It=01,s been a wild and crazy holiday season in the West. Electricity pric= es=20 have remained extremely bullish throughout the entire WSCC, due in large pa= rt=20 to below-normal temperatures, =01&less than stellar=018 river flows in the= =20 Northwest and Northern California, tremendously volatile natural gas prices= ,=20 and a number of generating plants down for both planned and unplanned=20 maintenance. Recently, the Federal Regulatory Energy Commission (FERC) has= =20 stepped in to implement several orders in an effort to try to correct this= =20 =01&extremely flawed market.=018 Stay tuned sports fans; some have the fee= ling=20 that the best is yet to come. HAPPY HOLIDAYS Seasons Greetings from ENA PR. The EnTouch newsletter will be on holiday= =20 break next week. If you have information for future issues of EnTouch,=20 please send it to Michelle Vitrella. We hope you have a wonderful and safe= =20 holiday. See you next year! WELCOME New Hires ENA/EIM/EGM ENA =01) Kimberly Hardy, Adam Johnson, Daniel Lisk, William Fleenor, Stacey= =20 Wales, Jason Fischer, Aparna Rajaram LEGAL STUFF The information contained in this newsletter is confidential and proprietar= y=20 to Enron Corp. and its subsidiaries. It is intended for internal use only= =20 and should not be disclosed.