Message-ID: <9468018.1075852394950.JavaMail.evans@thyme> Date: Thu, 12 Jul 2001 15:44:01 -0700 (PDT) From: m..forney@enron.com To: jeffrey.miller@enron.com Subject: RE: THE TECO MEMO--BULLET POINT 4 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Forney, John M. X-To: Miller, Jeffrey X-cc: X-bcc: X-Folder: \JFORNEY (Non-Privileged)\Forney, John M.\Sent Items X-Origin: FORNEY-J X-FileName: JFORNEY (Non-Privileged).pst -----Original Message----- From: Miller, Jeffrey Sent: Thursday, July 12, 2001 5:29 PM To: Forney, John M. Cc: Wolfe, Jeff Subject: THE TECO MEMO--BULLET POINT 4 John, This is what I've come up with so far on Market Opportunity & Operational plan. I think this would be a good place to also include Mexico opportunities. Please add/edit as you wish. Thinking out loud: Operational Plan and Market Opportunities going forward: Off-Peak Energy (including Weekends & Holidays): To date, this market has been less-attractive-EPMI and TECO need to work together to ensure Frontera is gaining maximum value. This should begin as soon as possible. Examination of NOT running the plant during [Forney, John M.] the weekend and other offpeak hours is paramount. ERCOT Market: EPMI personnel have a wealth of experience in working in ISO Markets. It is our feeling that the ERCOT market, which opens July 20, will provide [Forney, John M.] significant opportunity in maximizing value for Frontera. [Forney, John M.] Opportunity should lie within the Balancing Market [Forney, John M.] , Ancillary Services Market [Forney, John M.] and the decremental bidding "market." [Forney, John M.] Immediate plans will include submitting decremental bids into the ISO. We will be responsible for responding to the ISO instructions by decreasing the output from Frontera during key hours.