ees operational risk per conversation model simon notes gave work back september looking volume numbers notes show drives final cash flow numbers briefly issue surrounds exactly meant nonmarket noncredit risk ideally would anything effects npv deal however think limit things effect time amount eam volumes even problem set quite large glance spreadsheet model notice exists large number possible items effect eam volumes rigorously necessary tear apart ees business model although attempt would noble scope excercise may large need clear definition ees operational risk briefly ees deals looked two things drive profit long term bet power prices go improve facility various enhancements may gleaned spreadsheet well assumptions regarding funding facility improvements 95 savings assumed come power 5 gas effeciency gain may explicitly given data show realized efficiency gains would simple principle determine distribution hence distribution eam volumes npv etc time understand rac determined realized efficiency gains knowledge quite sketchy jay hachen may info get chance try see proof concept excercise late january deadline something else another point even successful spreadsheet model ees chosen book things differently thorough understanding systems least principle spreadsheet model environment data data data may book efficiency gains improvement type gains due compressors chillers boilers etc indeed case need distributions type improvement successful spreadsheet successful systems alternative build reporting system would similar database recordsets replaced excel workbooks constructed way enable us run simulations queries would probably take five six weeks finally hawkins operational audits enron physical assets sends teams audit pipelines strategic assets think ees might want give call anyway kevin k ps ees lunch meeting moved wednesdays jay hachen know