Message-ID: <33185374.1075840003770.JavaMail.evans@thyme> Date: Tue, 3 Jul 2001 12:46:07 -0700 (PDT) From: bill.williams@enron.com To: alan.comnes@enron.com Subject: RE: prices Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Williams III, Bill X-To: Comnes, Alan X-cc: X-bcc: X-Folder: \ExMerge - Williams III, Bill\Sent Items X-Origin: WILLIAMS-W3 X-FileName: Thanks for the update. -----Original Message----- From: Comnes, Alan Sent: Tuesday, July 03, 2001 9:39 AM To: Williams III, Bill Cc: Nicolay, Christi; Wolfe, Greg; Belden, Tim; Alvarez, Ray; Novosel, Sarah; Hall, Steve C.; Perrino, Dave; Yoder, Christian Subject: FW: prices Bill, We are trying to get a hold of a FERC staffer today but we may not get clarification for a while. I am also talking with Yoder about what to do in the interim. Alan Comnes -----Original Message----- From: Williams III, Bill Sent: Tuesday, July 03, 2001 8:47 AM To: Comnes, Alan Cc: Wolfe, Greg Subject: FW: prices Alan, According to this site the cap was around $71 for HE 15 and $72 for HE 18. We had already traded for these hours when the "new cap" had been set. This is a retroactive cap during mitigation hours. When trading in the hour ahead market (1 hour before energy flows) we cannot predict the Cap to Market ratio. For example: Expost is $18 right now, and the market is at $91.87. Any recommendations? Bill -----Original Message----- From: "Almeida, Keoni" @ENRON [mailto:IMCEANOTES-+22Almeida+2C+20Keoni+22+20+3CKAlmeida+40caiso+2Ecom+3E+40ENRON@ENRON.com] Sent: Tuesday, July 03, 2001 8:28 AM To: Williams III, Bill; Foster, Chris H. Subject: prices A fast way to see the MCP is under Energy Prices at http://www.caiso.com/. You'll notice that in hours 15, 16, 17 and 18 yesterday the MCP was set by the proxy price when we were in a Stage 1 then 2 Emergency. Other hours were set by the previous Stage 1 cap. Keoni Almeida California Independent System Operator phone: 916/608-7053 pager: 916/814-7352 alpha page: 9169812000.1151268@pagenet.net e-mail: