Message-ID: <10299552.1075846378332.JavaMail.evans@thyme> Date: Mon, 14 Aug 2000 03:42:00 -0700 (PDT) From: steven.kean@enron.com To: filuntz@aol.com Subject: California Power Issue Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Steven J Kean X-To: filuntz@aol.com, annab@luntz X-cc: X-bcc: X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\Sent X-Origin: KEAN-S X-FileName: skean.nsf See attached WSJ article, particularly the last paragraph. The message is: there has not been enough deregulation; the government is still very much in the way. California is a perfect example: the market has responded to demand increases with thousands of megawatts of new generation, but state and local officials have not sited them, and companies like Enron are offering price protection, but utilities are not allowed to take advantage. ---------------------- Forwarded by Steven J Kean/HOU/EES on 08/14/2000 10:38 AM --------------------------- Gavin Dillingham@ENRON_DEVELOPMENT 08/14/2000 08:32 AM To: Joe Hartsoe@ENRON, Sandra McCubbin@EES, Susan Mara@EES, Paul Kaufman@ECT, Karen Denne@ENRON, Jeff Dasovich@EES, Mark Palmer@ENRON, James D Steffes@EES, Steven J Kean@EES, Richard Shapiro@EES, Elizabeth Linnell@EES, Jeannie Mandelker@ECT, filuntz@aol.com cc: Subject: California Power Issue Attached is an article about deregulation, price volatility, California power issues and how EES and other energy management type of companies are helping with solve these problems. Attached is an article about how PG&E is offering incentives to its larger customers in California that which asks them to use less energy, in turn the customers are guaranteed to be blackout free. There is a little controversy over this issue because the incentive is not offered to small business or residents.