Message-ID: <17727438.1075856927691.JavaMail.evans@thyme> Date: Tue, 30 May 2000 07:02:00 -0700 (PDT) From: vince.kaminski@enron.com To: zimin.lu@enron.com Subject: Re: hello from london Cc: vince.kaminski@enron.com, stinson.gibner@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: vince.kaminski@enron.com, stinson.gibner@enron.com X-From: Vince J Kaminski X-To: Zimin Lu X-cc: Vince J Kaminski, Stinson Gibner X-bcc: X-Folder: \Vincent_Kaminski_Jun2001_8\Notes Folders\Sent X-Origin: Kaminski-V X-FileName: vkamins.nsf Zimin, I have a copy of the article. I agree with you. The model is essentially the same (in intentions). I shall distributed the copy of the paper to the trades here. It explains well the logic behind the model and it's an independent source. Vince Zimin Lu 05/30/2000 10:44 AM To: Vince J Kaminski/HOU/ECT@ECT cc: Stinson Gibner/HOU/ECT@ECT Subject: Re: hello from london Vince, I got the article. I can make a copy for you when I get back. The article is pretty much for marketing purpose. My reading from that paper is as follows: 1. solve optimal exercise bounday using stocastic DP; 2. runing price trajectory to tracking storage level to give average storage cycling; Our model addresses the same issues, althrough maybe the implementation is not quite the same. I will fax to you if I can find the article here. Regards, Zimin Vince J Kaminski 05/30/2000 09:56 AM To: Zimin Lu/HOU/ECT@ECT cc: Vince J Kaminski/HOU/ECT@ECT Subject: Re: hello from london Zimin, There was an interesting article on gas storage modeling by people from Camminus in the March issue of Energy and Power Risk Management. Please, see if you can get this article. Vince Zimin Lu 05/30/2000 04:59 AM To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT cc: Anjam Ahmad/LON/ECT@ECT Subject: hello from london Vince and Stinson, I am in the London office this week. Things are quite nice here. My host Anjam arranged a full itinerary for me. Tuesday is reserved for Anjam to talk about various subjects including inflation modeling, power vol curve, mean reverting price & vol model, and I will talk about the spot and multi-factor models, XLL. Wednesday, I will concentrate on the gas storage model with Natasha Danilochkina. Thursday and Friday I will talk to Haakan Olafsson, Mark Jones, Anjam, and Natasha about UK gas forward curve simulation, gas swing model, and implementation issues of UK virtural storage model. I will give you a full report when I get back. It is cold and rainy here in London. It makes me feel sunny and hot Houston actually is not that bad. Zimin