Message-ID: <9955477.1075844223052.JavaMail.evans@thyme> Date: Mon, 23 Apr 2001 06:55:00 -0700 (PDT) From: aleck.dadson@enron.com To: richard.shapiro@enron.com Subject: Market Opening Position Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Aleck Dadson X-To: Richard Shapiro X-cc: X-bcc: X-Folder: \Richard_Shapiro_June2001\Notes Folders\Canada X-Origin: SHAPIRO-R X-FileName: rshapiro.nsf Is this okay with you. Thanks, Aleck ----- Forwarded by Aleck Dadson/TOR/ECT on 04/23/2001 02:03 PM ----- Aleck Dadson 04/23/2001 01:01 PM To: Eric Thode/Corp/Enron@ENRON cc: mpenney@gpc.ca, pvarley@gpc.ca Subject: Market Opening Position Eric, we are pretty sure the announcement will be that they will open the market by May 2002. Today, senior political and bureaucratic staff in the Ministry of Energy have gone out of their way to stress that the announcement is designed to leave open the real possibility of an earlier opening (i.e. in November 2001) if that is feasible. As matters stand, I think that our response should be: a) We are pleased by the reaffirmation of the gov'ts intention to move forward with competition in the Ontario power market; b) our understanding of the position is that it leaves open the real possibility of opening the market earlier, such as of November 1, 2001; c) we continue to believe that an opening in November 2001 is feasible and in the best interests of Ontario (for the reasons set forth in Ken Lay's speech) ; and d) accordingly, we will continue to work towards a November opening and we encourage all others in the market to do the same. Peter Varley of GPC is going to give you a call.