Message-ID: <19852930.1075844204887.JavaMail.evans@thyme>
Date: Thu, 10 May 2001 02:04:00 -0700 (PDT)
From: steve.montovano@enron.com
To: richard.shapiro@enron.com
Subject: Update on GridFlorida and TCCs
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Rick - Here is an summary of the TCC value that Dan has brought.  Steve
---------------------- Forwarded by Steve Montovano/NA/Enron on 05/10/2001 
09:03 AM ---------------------------


Dan Staines@ECT
05/06/2001 04:23 PM
To: Steve Montovano/NA/Enron@Enron
cc:  
Subject: Update on GridFlorida and TCCs

Steve ,

The following is a quick update on  two important  issues ;

GridFlorida ....As you know from my last update we have a very good "Market 
Representation " on the Advisory Committee and at the first meeting last week 
we formed a Market Design Working Group (MDWG) to work on developing an 
improved Market Design in Florida. I have been voted in as the Chairman of 
the committee and our first order of business will be to improve the 
Congestion Management proposals and to develop a Real Time Energy Spot Market 
with "uncovered" and "unbalanced " schedules  . We now have the right  people 
in place and the real battle now begins .
.

TCCs..............We did very well and continue to grow the  business .The 
results of the winter TCCs season are now tabulated and they are as follows ;



Rev Bids  Nov   Dec  Jan  Feb   Mar  Apr  Total Revenue Winter Period

  337K   483K  932K  311K  552K  695K  928K               $4,238,000
       

                                                            


                            YEAR 2001       Total Revenue 2001 as of 4/30    


       311K  552K  695K  928K   $2,486,000


We have expanded our portfolio for the upcoming summer period and expect to 
increase our revenues over that period .We are on track to exceed our goal of 
$10 million for calendar 2001.

Dan