Subject: Australia counterparties-physical power
From: [email-masked]
To: [email-masked], [email-masked], [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked]
Date: Wed, 22 Mar 2000 04:53:00 -0800 (PST)

Per my discussions with Leslie Hansen and Dave Forster, please restrict 
Australian based counterparties from trading US physical power on a going 
forward basis.  To the best of our knowledge, no Australian based 
counterparty has been granted a FERC license to trade physical US power.  
This situation, of course, can change if a counterparty were to provide us 
evidence of their FERC licensing.