Message-ID: <25781085.1075840006337.JavaMail.evans@thyme> Date: Thu, 14 Jun 2001 14:13:35 -0700 (PDT) From: bill.williams@enron.com To: heather.dunton@enron.com Subject: RE: Dec Bidding Strategy Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Williams III, Bill X-To: Dunton, Heather X-cc: X-bcc: X-Folder: \ExMerge - Williams III, Bill\Sent Items X-Origin: WILLIAMS-W3 X-FileName: Thanks for the information Heather. This looks good and useful. Would you have any information on what tools we used to settle? Or was it all a manual process? B -----Original Message----- From: Dunton, Heather Sent: Thursday, June 14, 2001 10:57 AM To: Williams III, Bill; Foster, Chris H. Subject: Dec Bidding Strategy Bill and Chris - this is what I remember as to settlements with the DEC bidding strategy. Let me know if I can be of further assistance. -Heather Delano will schedule into the Day Ahead market and make a sale at the PX index price. Real Time submits dec bids in the Suplemental Energy Market for any hours when they believe there is a good chance of being dec'd at a 0 price (the pprice you bid may be different than 0 to establish ouselves in the ISO Merit order - ). Real Time makes 50% of the difference between the day ahead PX and the dec price (in this case 0).