Message-ID: <20894350.1075846336788.JavaMail.evans@thyme> Date: Mon, 2 Oct 2000 09:33:00 -0700 (PDT) From: jeff.dasovich@enron.com To: skean@enron.com Subject: RE: Auction of Default Supplier Obligation Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jeff Dasovich X-To: skean@enron.com X-cc: X-bcc: X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\California X-Origin: KEAN-S X-FileName: skean.nsf Steve. FYI. Got bounced back the first time. ----- Forwarded by Jeff Dasovich/NA/Enron on 10/02/2000 04:32 PM ----- Jeff Dasovich 10/02/2000 04:27 PM To: James D Steffes/NA/Enron@Enron cc: Steve Kean Subject: RE: Auction of Default Supplier Obligation Have messages in to him. James D Steffes 10/02/2000 02:50 PM To: steve kean, Jeff Dasovich/NA/Enron@Enron cc: Subject: RE: Auction of Default Supplier Obligation Jeff -- Can you try and call Seabron today to discuss. See if his understanding helps with California issues. Jim ----- Forwarded by James D Steffes/NA/Enron on 10/02/2000 02:49 PM ----- "Seabron Adamson" 10/02/2000 09:43 AM To: cc: Subject: RE: Auction of Default Supplier Obligation Jim: >Have you ever seen a model for a bid process like this? Any auctions (in >any commodity) that would work? We are trying to get back to key policy >makers mid-day on Monday. Yes, there are numerous default service auction models in operation or proposed, both in electricity and other utilities. The government of New South Wales in Australia is implementing a model similar to this. In Georgia, I think they recently had an auction to serve customers served by a gas retailer that went bust. Similar mechanisms have been used for years in the telecoms business for serving specific client bases, such as rural customers. Examples have been in Chile, and even in the U.S. (auctions for "universal service obligations"). We proposed a model for "third-party" default service standard supply for Ontario (working for Aleck Dadson of Enron Canada). This allowed the standard supply provider to meet its obligation by competitive means, including holding an auction. The idea was to provide customers hedging in a framework that allowed for competition in default service. Let me know if you want a briefing or futher info. I'll be in the office until 4:00 or so (I'm then heading to the airport for Portland). My office number is (617) 354-0060, or (617) 513-5904 (mobile). Seab 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.