tw options pre filing meetings ferc today fyi forwarded jeffery fawcett et enron 10 05 2000 09 21 shelley corman 10 04 2000 10 57 pm mary kay miller et enron enron drew fossum et enron enron susan scott et enron enron glen hass et enron enron jeffery fawcett et enron enron lee ferrell et enron enron steven harris et enron enron cc nancy bagot subject tw options pre filing meetings ferc today think really good meetings today ferc rates policy staff jeff whole team excellent job drawing discussion end sessions thought seemed genuinely interested proposal anxious see filing mike coleman went far suggest extent make case tool generation siting process would helping group chairman hoecker directive staff develop concepts respond sw power crunch attendees rates tariff group attendees omtr rates west mike coleman bob petrocelli john carlson policy group attendees ed murrell laurel hyde kim bruno kathleen dias demi pulas things liked service rate structure seemed like fact underlying agreement ft fact transaction remained subject current rate provisions open bidding shipper calls sell call options available capacity underlying ft option amendment released another shipper capacity release concerns need addressed filing concentration capacity hoarding affiliate issues mike coleman said need address issue head light el paso cpuc cases worried huge block future capacity rights could tied single offering hand said perhaps use filing opportunity explain bidding shipper calls adds improved transparency protections one possible way address promise time frame posting bidding shipper calls depend size block e g 20 package might involve day bidding process 100 block may involve week posting demonstrate puts calls undercut release market explain release used day day decisions believe options serve help shippers longer term strategic decision specific waivers part 284 regulations work definition 4 options types stumbled wording like use phrase recall transporter call detailed notes surprisingly positive reception rates west could due part mike coleman reputed continued interest electric side self proclaimed corporate bent say understands underlying business drivers program suggested flushed narrative filing explain would help efforts said timing type offering good chairman pressuring staff improve marketplace california situation groups suggested needed lay much detail possible filing including examples type options mike delineated expected major issues may cause discomfort affiliate abuse capacity hoarding cornering market long term option speculative capacity holding defend service lay impacts explain offers improvement present situation discounted firm specific questions rates group included impact capacity release tw protect hoarding options considered negotiated rates options tradable alone without capacity would availability options change volume capacity held ena rofrs affected specific questions policy group included discriminating parameters business decisions allocating capacity competing offers allocated excess available capacity options posted bid parameters options specify range contract physical financial product verge negotiated c territory like koch option proposal koch offers option price