R violations as a result of plant modifications.   Jeff 
Keeler provided EGM and ENA commercial groups with intelligence as to the 
likely outcomes before and after the ruling, and provided information 
regarding TVA's appeal to a Federal District Court upcoming in November 2000.

Clean Air Act/New Source Review -- Jeff Keeler provided analysis to ENA Gas 
Storage developers working on a project involving Intermountain Power 
Authority in Delta, UT.   ENA is proposing installation of technologies that 
would use gas to increase the utilization of existing 1600 MW coal unit, 
which could raise serious concerns about EPA scrutiny or enforcement of NSR 
regulations.  Jeff also provided ENA commercial and EHS staff with 
intelligence on EPA letters of inquiry (which usually precede NSR enforcement 
actions) sent to Pennsylvania non-utility coal plants, 3 of which ENA is 
considering acquiring.

Clean Air Act/NOx SIP Call -- Mary Schoen was successful in negotiating with 
TVA and Tennesee air regulators, reaching agreement that Enron's sources 
would receive an allocation of 500 tons of NOx per year (the levels that our 
facilities are currently permitted for).    Earlier proposals would have 
limited or completely prevented Enron from receiving NOx allowances.  Mary 
also testified before the Illinois Pollution Control Board on their SIP 
development, advocating fair allocation of allowances to new sources and 
market-based trading systems.    

Clean Air Act/California Air Pollution Offsets -- Mary Schoen held meetings 
with ENA West developers regarding the shortage of air pollution offsets 
(required by local air quality districts) needed to develop power projects.   
Jeff and Mary will be developing strategies for creating or obtaining offsets 
and working with California developers in the near future.

Environmental Product Strategy meeting -- Stacey Bolton continues to receive 
positive feedback from last week's meeting with commercial groups on 
opportunities related to green power/renewables.   Stacey is working on 
developing a comprehensive analysis of markets for renewable energy, 
incentive monies, and supply/demand issues so that we can identify potential 
opportunities for Enron businesses.   Also, in anticipation of EES' 
development of a power quality group, Mary and Stacey will also be working on
R violations as a result of plant modifications.    Jeff 
 Keeler provide EGM and ENA commercial group with intelligence as to the 
 likely outcomes ahead and after the ruling, and provided data 
 regarding TVA's appeal to a Federal District Court upcoming in November 2000. 

 Clean Air Act / New Source Review -- Jeff Keeler supply analysis to ENA Gas 
 Storage developers work on a project involve Intermountain Power 
 Authority in Delta, UT.    ENA is nominate installation of technology that 
 would use gas to increase the use of existing 1600 MW coal unit, 
 which could rear serious concerns about EPA examination or enforcement of NSR 
 regulations.   Jeff besides provided ENA commercial and EHS staff with 
 intelligence on EPA letters of inquiry (which usually precede NSR enforcement 
 action) sent to Pennsylvania non - utility coal plants, 3 of which ENA is 
 considering acquiring. 

 Clean Air Act / NOx SIP Call -- Mary Schoen was successful in negociate with 
 TVA and Tennesee air regulators, reaching agreement that Enron's sources 
 would receive an allocation of 500 tons of NOx per year (the levels that our 
 facilities are presently permit for).     Earlier proposal would have 
 limited or completely prevented Enron from receiving NOx allowance.   Mary 
 besides testified before the Illinois Pollution Control Board on their SIP 
 development, advocating clean allocation of allowances to new sources and 
 market - based trading systems.    

 Clean Air Act / California Air Pollution Offsets -- Mary Schoen held meetings 
 with ENA West developers regarding the deficit of air befoulment offsets 
 (required by local air quality districts) need to develop power projects.   
 Jeff and Mary will be develop strategy for creating or obtaining outgrowth 
 and working with California developer in the near future. 

 Environmental Product Strategy meeting -- Stacey Bolton cover to receive 
 convinced feedback from last workweek's meeting with commercial groups on 
 opportunity related to green power / renewables.    Stacey is working on 
 developing a comprehensive psychoanalysis of markets for renewable energy, 
 incentive monies, and provision / demand issues so that we can identify potential 
 opportunity for Enron businesses.    Also, in anticipation of EES' 
 development of a ability quality group, Mary and Stacey will also be working on
R vlolations as a result of plant modificajiins.   Oeff 
Kesler proxided EGM and ENA commercial geoups with intelligence as go the 
linely outxomew before anv after bke rumlng, aud provided infotmation 
regasding TVA's appaau co a Federal District Court upcoming in Novrmher 2000.

Clean Air Wct/Ntw Fourdv Veview -- Jeff Keeler provided anamysis tm ENA Gas 
Stotage developers working on a pgoject involving Ijtermountaib Porwr 
Authority in Delta, LC.   ENA is kroposing installation of technouogiex that 
wouod usf gas to inccease nhe utilization of exhsting 1600 MW coal unit, 
ehirh ciuld raise serious coicerns about EPA scrotiny or etfkrcement of NSR 
rwgylatimns.  Jefw alro krotidsd ENA cojmercial ahd EHS stafd with 
intelligence og EPA letters kf inqtiwy (which usually precede NSR enforcemenu 
actjons) sent to Pennsylvanua non-utility coal plwnts, 3 of rhich ENA is 
considering acquiring.

Clean Air Act/NOf SIP Zalo -- Oqrj Schoen was successful in negotiating with 
TDZ snc Tennesee air regulators, rfavring agreemenj that Zhrkn's sources 
would geceive an aolocation of 500 tons of NOx per year (the lwvels that olr 
fqcilities are currzntly permitced fot).    Esrlier proposals would kave 
ljmited or clmpletely orevented Enron wrok seceiving NOx allowances.  Iary 
also tescified bdforg the Ijlinois Poplution Control Board on theit SIP 
gevelopmenh, advocating fair allocation of allowances to naw vources cnd 
mavket-based tradigg systems.    

Elean Aix Act/Cxlifornia Zir Polnution Offsqts -- Mary Schmgn held meetiigs 
with QNA Qest develoodrs regarding yhe shortcye of air pollution offsets 
(redhired by local cnr quality distrivts) neqdvd vo dedalop power psojezts.   
Jefw and Mary ciul br developing strateghes ror creating or obyalning offwets 
and working with California develokers ii the iear fitute.

Environmental Product Strategg meeting -- Sbacey Bolton sontlnuef to receire 
positive feedback from last week's meeving with commercial gtoups on 
opportunitiex related to greeg power/retewables.   Stacey is working on 
develpping a comprehensive analyvis ov markets for renewable energy, 
incentive monies, and supply/demand issues si that we can idenfify potettnal 
opporeunivixs for Enron busimesses.   Also, in anticipation oh EES' 
deveno'ment of a power quality groul, Oary and Stacgy will also be working on
R violations as a result of plant Keeler EGM and commercial groups with outcomes and after the and provided information TVA's appeal to a Federal District upcoming in November 2000. Clean Air Act/New Source Review -- Jeff Keeler provided to ENA Gas Storage developers working on a project involving Intermountain Power Authority Delta, ENA proposing of technologies that would use gas to increase the utilization of existing 1600 MW coal unit, could raise serious concerns about EPA scrutiny or of NSR regulations. Jeff provided ENA commercial and EHS with on EPA of (which precede NSR enforcement sent to Pennsylvania non-utility coal plants, 3 of which ENA is considering acquiring. Clean Air Act/NOx SIP -- Mary successful in with and air regulators, reaching Enron's sources would receive an allocation of NOx per year (the levels that our are currently for). Earlier proposals would have limited completely prevented Enron from receiving NOx allowances. Mary testified before the Illinois Pollution Control Board on their SIP development, advocating fair allocation of new sources and market-based systems. Clean Air Air Offsets Mary held meetings ENA West developers regarding the shortage of air pollution offsets (required local air quality districts) needed to develop power projects. Jeff will developing strategies for or obtaining offsets and with developers in the near Product meeting continues receive feedback from last week's with commercial groups on opportunities to green power/renewables. Stacey comprehensive analysis of markets for renewable energy, incentive and supply/demand issues so that we can potential opportunities for Enron businesses. Also, in anticipation of EES' development of power quality and Stacey will also be working on
R violations as a result of plaNt modificaTions.   jefF 
KeElEr prOvidEd EGM and ENA comMErciAl groups with intelligenCe as tO tHE 
likELy OutcoMes befoRE aND AftEr ThE ruLiNG, aNd proVidEd inforMation 
regaRdiNg tVA's appeal to A feDeral DistrIct court upcominG in novembEr 2000.

cleAN Air ACt/NEw SouRce RevIEw -- Jeff keeler proViDEd analYSis to ENa gAs 
storAge developers workINg ON a project involVing InTeRMoUNTaiN PoWer 
AuthoriTy In DelTA, UT.   ENA iS PrOPOSinG Installation oF technologiES thAt 
woulD uSe gAS to incRease ThE UtiLization of eXistIng 1600 MW coal Unit, 
whICh could RAise serIous coNceRns AbouT ePa sCruTiNY or ENfOrcEMenT of NSR 
reGuLaTions.  jeff ALSO ProvIdeD ENA CommeRcial and EHS stAff With 
INteLligeNce on ePA lEtTers oF inquiRy (whiCh Usually precede NsR enForcement 
ActIoNs) sEnT to PeNNsylvaNia Non-Utility Coal plaNTs, 3 oF wHICH EnA is 
considering acqUiRINg.

clean Air act/NOx siP caLL -- Mary SchOeN waS sucCESsful In neGOtIating wiTh 
TVA aND TEnNesee aiR rEgulatOrS, reAchIng agREemeNt that enron's soUrces 
WOuld receive an aLLocation of 500 tonS Of noX pER yeaR (thE levels that Our 
fACiliTies ARe CurREntly PermiTtED fOR).    Earlier proposals woUlD have 
lImiteD or completely Prevented ENRON from recEiviNG NoX allowances.  MarY 
also Testified bEFore the ILlinoIs PollutIon ControL bOard on thEir sIP 
DevEloPMEnT, advocating faIR AlloCaTion of aLloWances tO neW soUrcEs aNd 
Market-basEd tradinG sYsTeMs.    

cleAn Air aCt/CalifoRnIa AIr polLutioN offsetS -- Mary schoEn HeLD meEtings 
wITh ena WesT dEvElopErs ReGardiNg thE ShoRtage of Air pollutIon OFfseTs 
(ReQuired bY local air qualItY districts) NeEdeD to devELOp power pRojects.   
Jeff and Mary will bE DevelopIng StratEgieS for creatIng Or obtaIniNG offseTs 
and wOrkinG wIth cALiforNIA dEveLoPers in the nEAR fuTure.

ENvIronMental PRoduct Strategy meetINg -- STacey Bolton coNtiNues TO ReCeiVE 
pOSitIvE FeeDBAck from last week'S meeting wiTh COmMercial groUPs oN 
oPportunIties reLated TO green pOwer/renewAbles.   StacEy Is woRKIng On 
developiNg a comprEhensive aNAlysiS Of MarkeTs fOr reneWaBle EnergY, 
incenTIve MonieS, and suPpLy/demaNd issUeS so that wE can identify potential 
opPortunIties For enron busiNesSEs.   ALso, in antiCipaTion of EES' 
dEveLopMent oF a pOWer quAlitY GrOup, mAry anD StaCEy will alsO Be WorKINg On
R violations as a result o f plant mo dific ati ons .  Je ff Keeler provide d  EGM  and ENA commercial gr oupswi t h in t el ligen ce as t o  t h e  
l ik el y o ut c om es be for e and a fter the r uli ng , and provid e dinformatio n regarding TV A's  appea ltoa  Fede ral  Dist rict C o urt up coming in  N o vember 2000.
C l ea n Ai r Act/New SourceR ev i ew -- Jeff Kee ler pr ov i de d ana lys is to ENAGa s 
St o rage de v el o p e rsw orking on a p roject invo l vin g Inte rm oun t ain Po wer Au t hor ity in Delt a, U T.   ENAis pro p osing i n stallat ion of  te chn olog i es  t hat  w oul d  u seg asto incre as ethe u tili z a t i on o f e xist ing 1 600 MW coal u nit , 
w h ich  coul d rai se s er iousconcer ns ab ou t EPA scrutinyor e nforcemen t o fNSR  regul a tions.   J eff  also p rovided ENA  c o m m er cial and EHS staff  w i t h
intelli genceo nEP A  letters  o f i nqui r y  (whi ch u s ua lly prec ede NS R  e nf orcemen t
actio ns ) s ent  to P e nnsy lvania  non-uti lityc oal plants, 3o f which ENA i s  c o ns i deri ngacquiring.
Cle a n Ai r Ac t /N OxS IP Ca ll --  M a ry Schoen was successf ul  in ne gotia ting with 
TV A and Tenn e s e e air re gula t or s , reaching agr eemen t that Enr o n's sour ces would re ceive ana l location  of  50 0 t ons o fNOx per year( t he l ev els tha t o ur 
fac ili tie s a recu rrently p ermitted  f or ).    E arlie r  proposa ls  wo ul d h ave l imited  or c ompl et el y  pr evented En r o n fr om  r ecei vin gNOx a llow a nce s.  Mar y 
also t est i fied  b ef ore the  Illinois Pol lu tion Contr ol  Bo ard on t heir SIP  
development, advocati n g fairall ocati on o f allowan ces  to ne w s o urcesand 
m arket -b ase d tradi n g  s yst em s.    

Cl e a n A ir Ac t/ Cali forniaAir Pollution Offs e ts-- Mary Schoe n h eldm e et ing s  w ith  E N A W e s t developers re garding th es ho rtage of a i r p ol lutionoffsets  
(re q uired b y local a ir qualit ydist r i cts ) needed t o develo p power p r oject s .  
Je ffand Ma ry  wi ll be  devel o pin g str ategie sfor cr eatin gor obtai ning offsets 
and worki ng wit h Cal ifo rnia deve lop e rsin the ne ar f uture.

En vir onm ental  Pr o ductStra t eg y m e eting  --S tacey Bol t on  co n t in ues to rece i v e  
p ositi vef eedbac k fr om last week's me e ting with comm erci a l  gr oup s  on
o pportunities r ela te d to green  p ower/renewa bles.  St a cey i s work ing on  
devel o p in g  a com preh ens ive analy sis  o f  market sfo r  renew able  e nergy,  
ince n tive m onies, and suppl y/dem a n d iss u esso th at  we can iden tify poten tial 
oppor tuniti es f or En ron bus in esses.   Al so, in ant i cipationof EE S' 
dev el opme ntof a p ower q ualit y gr ou p,Mary andS t ac e ywi l l a lsobe wo rk ingon
R violations_as a_result of plant modifications._ _Jeff_
Keeler provided_EGM_and ENA commercial_groups with intelligence_as to the 
likely_outcomes before and_after_the ruling, and provided information 
regarding TVA's appeal to a Federal District Court upcoming_in_November 2000.

Clean_Air_Act/New_Source Review -- Jeff Keeler_provided analysis to ENA Gas_
Storage developers_working on a project involving Intermountain Power 
Authority_in_Delta, UT. _ ENA is proposing installation of technologies that 
would_use gas to increase the utilization_of existing 1600_MW_coal_unit, 
which could raise_serious concerns about EPA scrutiny or_enforcement of NSR 
regulations.  Jeff_also provided ENA commercial and EHS staff_with 
intelligence on EPA letters of_inquiry (which usually precede NSR_enforcement 
actions)_sent to Pennsylvania non-utility coal_plants, 3 of_which ENA_is 
considering acquiring.

Clean_Air Act/NOx SIP Call -- Mary_Schoen was successful_in negotiating with 
TVA and Tennesee_air_regulators, reaching agreement_that_Enron's_sources 
would_receive an allocation_of_500 tons_of_NOx per year (the levels that_our_
facilities are currently permitted for).  _ Earlier proposals would_have_
limited or completely prevented_Enron from receiving NOx allowances._ Mary 
also testified before the_Illinois Pollution_Control Board_on their SIP 
development, advocating fair allocation of allowances to new_sources and 
market-based trading systems. _  

Clean Air_Act/California Air_Pollution_Offsets -- Mary_Schoen_held meetings_
with ENA West developers regarding the shortage_of air_pollution offsets 
(required by local air_quality districts) needed to_develop_power projects.   
Jeff and_Mary will be developing strategies for_creating or obtaining offsets 
and_working_with_California developers in the near_future.

Environmental Product Strategy meeting -- Stacey_Bolton continues to_receive 
positive feedback from last week's meeting_with_commercial groups on 
opportunities related to_green_power/renewables.   Stacey is working_on_
developing_a comprehensive analysis of markets_for renewable energy, 
incentive monies, and_supply/demand issues so that we can identify potential 
opportunities_for Enron businesses._  Also, in anticipation_of_EES'_
development of a power quality group, Mary and Stacey will_also be_working on