Message-ID: <33010038.1075848245744.JavaMail.evans@thyme> Date: Mon, 29 Jan 2001 04:48:00 -0800 (PST) From: seabron.adamson@frontier-economics.com To: jeff.dasovich@enron.com, elizabeth.linnell@enron.com Subject: Material on PX purchasing and contracting for California Senate hearing Cc: alan.comnes@enron.com, david.parquet@enron.com, james.d.steffes@enron.com, john.neslage@enron.com, margaret.carson@enron.com, mary.schoen@enron.com, mday@gmssr.com, richard.b.sanders@enron.com, sandra.mccubbin@enron.com, steve.walton@enron.com, steven.j.kean@enron.com, susan.j.mara@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: alan.comnes@enron.com, david.parquet@enron.com, james.d.steffes@enron.com, john.neslage@enron.com, margaret.carson@enron.com, mary.schoen@enron.com, mday@gmssr.com, richard.b.sanders@enron.com, sandra.mccubbin@enron.com, steve.walton@enron.com, steven.j.kean@enron.com, susan.j.mara@enron.com X-From: "Seabron Adamson" X-To: , X-cc: , , , , , , , , , , , X-bcc: X-Folder: \Steven_Kean_June2001_5\Notes Folders\Senate testimony re california X-Origin: KEAN-S X-FileName: skean.nsf Please see attached brief note on the above. Material on the market manipulation question will be ready within an hour or so. Seabron This e-mail, and any attachments thereto, is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail, and any attachments thereto, is strictly prohibited. If you have received this e-mail in error, please immediately notify me at (617) 354-0060 and permanently delete the original and any copy of any e-mail and any printout thereof. Seabron Adamson Frontier Economics Inc Two Brattle Square Cambridge, MA 02138 USA Ph: (617) 354-0060 Fax: (617) 354-0640 seabron.adamson@frontier-economics.com www.frontier-economics.com -----Original Message----- From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com] Sent: Friday, January 26, 2001 8:26 PM To: Elizabeth.Linnell@enron.com Cc: Alan.Comnes@enron.com; David.Parquet@enron.com; James.D.Steffes@enron.com; John.Neslage@enron.com; Margaret.Carson@enron.com; Mary.Schoen@enron.com; mday@gmssr.com; Richard.B.Sanders@enron.com; Sandra.McCubbin@enron.com; seabron.adamson@frontier-economics.com; Steve.Walton@enron.com; Steven.J.Kean@enron.com; Susan.J.Mara@enron.com Subject: Re: Urgent - Steve Kean to testify at Senate hearing, need info One note: recall that with respect to market manipulation, one of the most common accusations focused on the problems caused by the PX manipulation the utilities engaged in thanks to their monopsony (demand-side bidding) market power. Jeff Elizabeth Linnell To: Mary Schoen/NA/Enron@Enron, David Parquet/SF/ECT@ECT, Richard B 01/26/2001 Sanders/HOU/ECT@ECT, John 12:24 PM Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Margaret Carson/Corp/Enron@ENRON, seabron.adamson@frontier-economics.com, Susan J Mara/NA/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron, Sandra McCubbin/SFO/EES@EES, Steve Walton/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, mday@gmssr.com cc: Steven J Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron Subject: Urgent - Steve Kean to testify at Senate hearing, need info Steve Kean will be testifying at the Senate Energy Committee's hearing on Wednesday regarding California. Steve and Jim Steffes asked me to contact you for the following information. I've listed specific requests for several people, but am copying many more of you for your input as well. Anything you can provide by sometime on Monday will be appreciated! Dave Parquet - Siting of new power plants in California. Any insight you can provide regarding the rules, the current climate, what would fix the current situation, etc. Richard Sanders - Steve thinks he might be asked about whether the market was manipulated. Please provide information on whether this was the case and who the participants likely were. What's the current climate regarding sanctions, etc.? Mary Schoen - Any information you can provide relating to air emission issues in California, and specific details for our recommendations regarding air emissions. Steve Walton - The status on RTO West, Desert Star, Cal ISO and general information on RO development. Sue Mara - Specific ordering language requiring the utilities to buy only from the PX. Was it required through legislation or the CPUC, and what exactly does it mean. Who was involved in formulating the language? Information on block forward markets. Alan Comnes - A copy of the CDWR response and anything they might have available regarding long term proposals from the government. Dan Allegretti - We have the e-mail Jim sent regarding the UI deal. Please provide more specifics on the deal, and information regarding portfolio management approach. Thanks for your help! - 01-01-26 SA Memo on PX purchasing and forwards contracting.doc