fw rto week summary standards practices panel fyi tj claudette please forward groups thanks original message rodriquez andy sent thursday october 18 2001 4 46 pm standardizing markets business practices panelists discussion sarah barpoulis pg william p boswell gisb bill burkes substituting david j christiano city utilities springfield missouri david n cook nerc general counsel michael kormos pjm interconnection leroy koppendrayer minnesota public utilities commission marty mennes florida power however commissioners active well asking perhaps much 70 questions general consensus standards needed much discussion focused simply much commission seemed interested leaning needed move industry forward far needed go panelists urged need mover forward quickly possible ferc seemed recognize issues regarding standardized market design needed addressed rtos could really begin move forward discussion identifying industry group nerc gisb would take reins future interesting tangential note noticeable conflict nerc gisb veiled insults two organizations somewhat common discussions ferc deliverables great deal discussions focused identifying industry needed commission staffers probed panelists find felt critical first major topic many rtos scope panelists seemed agree question needed answered immediately ferc strong definitive language n one offered specific language seemed urging ferc issue formal statement next topic standard market design panelists varied felt strong guidance ferc urgent urged one mandatory design north america one supported set rigid standard designs one supported single design requests exceptions followed depth review process one seemed prefer current situation commission general seemed interested understanding industry needed move forward continually visited topic throughout discussions asking questions like need issue mega order addresses issues much detail need us provide general feel panelsists seemed wanted strong leadership areas kormos burkes went far say ferc mandate much felt comfortable go little others seemed little worried idea general oppose concept citing general warnings need cautious investigation one item interest wood referred filing made electronic scheduling collaborative specifically asked items identified rto design rto implementation section would address many questions uncertainty facing industry regard rto design kormos indicated clear specific answers questions specifying course action would go long way toward guiding industry section wood referred one wrote asked following questions congestion management operational security violations occur system stabilized fair equitable manner nonetheless efficient lmp based systems standard others must accommodated transmission service transmission services required schedule covered schedules risk management tools protecting congestion charges covered uncovered schedules allowed loop flows contract path based flow based transmission services appropriate contract path based parallel path issues addressed grandfathered transmission service contracts existing prior rto development transferred equitable way retire contracts solutions energy imbalance markets imbalance markets function serve real time energy markets support unbalanced schedules limited supplying needs imbalance service require balanced schedules required ancillary services ancillary service markets developed standard ways entities required actually schedule ancillary services required schedule treated primarily financial instruments protecting real time polr charges losses utilize imbalance markets support losses create specific loss standards facilitate scheduling process must support methods currently tariffs technically unwieldy non jurisdictionals non jurisdictionals integrated new world systems designed assumption non jurisdictional part rto designed treat nje separate entity hopefully ferc use section template answer critical questions assertive manner give solid direction move kormos emphasized need concrete answers questions pointing vague answers e congestion management take year two resolve specific answers e lmp financial hedging instruments take months commission asked mike moving forward told effectively impossible move forward implementation without getting issues addressed funny point one commissioners think breathitt referred concerns expressed northwest high concentration hydro power makes lmp inefficient northwest kormos flat said profession understanding power systems work believe statement true backpedaled bit said would need study stood statement assertion northwest interests false nerc gisb great deal discussion focused around need single standard setting organization massey went far ask looking beauty contest nerc gisb cook boswell went several short polite jabs organizations participants continually reiterated need one independent organization interestingly boswell emphatic established trust respect gisb cook preferred talk new structure nerc focus history brownell offered subtle passive support gisb pointedly asking cook boswell lobbied political positions e organization also stakeholder gisb easily able say nerc course admit romancing congress bush administration reliability legislation point brownell mennes acted somewhat supporter nerc playing dave cook yes man probably little bit harm pointing nerc supposed successes tlr e tag staffers tenure likely remember successes successful resulting several filings interventions may also wish file comments specific objection claims refresh memory show pretty picture marty painted fact fiction little discussion splitting reliability market issues general consensus could done also talk folding nerc gisb eisb arguments began winding time boswell strongly urged commission speak industry executives advocacy group leadership see whether nerc gisb lead industry forward nerc somewhat less enthusiastically supported position general would say close fight gisb came top let know questions andy rodriquez regulatory affairs enron corp andy rodriquez enron com 713 345 3771