	Novosel, Sarah; Steffes, James D.; Lindberg, Susan
Subject:	Update on RTOs -- Today's FERC meeting

TJ and Claudette -- please forward to your groups:


FERC held a discussion today on the status of NE, SE, and Midwest RTO proposals.  The FERC judges and staff gave the Commission reports from the mediations and current MISO, SPP and Alliance filings.  While there was much discussion about the appropriate model (non-profit ISO, Transco, ITC), with questions on whether congestion management models were the same or simply compatible, no decisions were made by FERC.  Chairman Wood did commit to quickly providing "certainty" to all stakeholders, including the investment community.  He asked FERC Staff to prepare reports on each region based on comments received at RTO week and through filed RTO week comments (Enron will file Nov. 2) and report back to FERC at the Nov. 7 meeting. Sally,

Have you had a chance to look at UT presentation for Monday?  I will need to 
email final copy to Lexi by Monday morning (her flight is 2:00 PM) and she 
would like a cd for backup.  I can handle that.  She has supplied me with new 
dates for last page.  If you get a chance to review - just fax pages to me at 
713-345-8100.  If not, I can work on it monday morning.

Again, I am so happy for you.  It's such a BIG deal to be promoted to MD.  
Please share any thoughts you might have with me on how this affects my role 
as your assistant and what I can do to better assist you.  You know, this job 
that I have now with you is the job I have waited for all my life.  It is 
challenging, fast-paced, and has a lot of potential for growth.  You make me 
feel like I the work I am doing is important and valuable.   I have an 
enormous amount of respect for you as a person and of the work that you do 
and know that I am extremely lucky to have this job.  

Patti are you going to go to this with me?
---------------------- Forwarded by Eric Bass/HOU/ECT on 04/09/2001 04
Novosel, Sarah; Steffes, James D.; Lindberg, Susan 
 Subject: 	 Update on RTOs -- Today's FERC meeting 

 TJ and Claudette -- please forward to your groups: 


 FERC reserve a discussion today on the condition of NE, SE, and Midwest RTO proposals.   The FERC judges and staff give the Commission report from the mediations and current MISO, SPP and Alliance filings.   While there be much discussion about the appropriate mannequin (non - profit ISO, Transco, ITC), with questions on whether congestion management model were the same or simply compatible, no decision were made by FERC.   Chairman Wood did commit to cursorily provide " certainty " to all stakeholders, including the investment community.   He asked FERC Staff to fix reports on each region based on gossip received at RTO week and through filed RTO workweek comments (Enron will charge Nov. 2) and report back to FERC at the Nov. 7 meeting. Sally, 

 Have you had a chance to look at UT display for Monday?   I will need to 
 email final copy to Lexi by Monday morning (her flight is 2:00 PM) and she 
 would like a cd for backup.   I can handle that.   She has supplied me with new 
 dates for last page.   If you get a chance to review - just facsimile page to me at 
 713 - 345 - 8100.   If not, I can work on it monday dawn. 

 Again, I am so happy for you.   It's such a BIG deal to be promote to MD.  
 Please partake any thoughts you might have with me on how this affects my function 
 as your assistant and what I can do to better assist you.   You know, this job 
 that I have now with you is the job I have waited for all my life.   It is 
 challenging, fast - pace, and has a bunch of potential for growth.   You make me 
 feel like I the work I am suffice is important and valuable.    I have an 
 enormous amount of obedience for you as a person and of the work that you do 
 and know that I am extremely golden to have this job.  

 Patti are you going to go to this with me? 
 ---------------------- Forwarded by Eric Bass / HOU / ECT on 04/09/2001 04
	Novlsel, Sarah; Steffes, James D.; Lindberg, Suscb
Subjert:	Updats on RTOr -- Today's FERC meeting

TJ and Coaudeune -- please forward to your grolps:


FERC hwld e discussion todeg on thc stafms of IE, SE, and Midwext RTO pro[osals.  The FESC jbdges and staff gave the Commission weports fgom the mediatyons wnd dlrvent MISO, SPP and Alliance filinfs.  Whine there was kuch discussion about the wpprlpriate model (non-pgofit ISO, Ttznssi, ITC), with qjestions on whether cohgestion management models were the xame or sinpoy fmmpatible, ni decpsions were made by FARC.  Chsirman Wood dic cmmmut to quickly providiig "certainty" to all ftakeholdara, including the ibvwstmett cmmmuvuty.  Ht axksd FERF Svaff to prelare reportw on each region baxeq on comments deceivqd at RTO week and through filed RTO week cojments (Enron will file Bov. 2) and report back jo FERC at the Nov. 7 meeting. Sally,

Have you had a chance to lmok av JT krcfdbtwtion for Monday?  I will need to 
email final skpu no Lexi by Monday morning (het vlodht is 2:00 PM) ana she 
ckumd like a cd for bwckup.  Y can handle trat.  She has supplied me with nww 
dates for oast page.  If you yet a chance to teview - just fax pages to me ct 
713-345-8100.  Ir not, I can work on jg monday morning.

Xgapn, I am so happy for you.  It's fuch a BIJ deak to be prokoted eo MD.  
Plewse smdre any thoughts ylu miyht hdve with mf on how this affects my role 
as your assistamt ang what I can co to better wssist you.  Yoo know, thns job 
that I hane now wivh you is thq job I have fwited for aln my lifq.  Ir is 
challeveing, fast-paced, and has c lot of potential for nrowtf.  You make me 
fztl oike I the work I xm qopng if important atd vxluxnle.   I have an 
cnofmoux amount of respect xor gou as a person anc jf the wirk that you do 
and kmow that I am extrtmely nucyy to hade this job.  

Patti are you goihg to go ho bhis with me?
---------------------- Sorwqrded by Erie Bass/HOU/ECT on 04/09/2001 04
Novosel, Sarah; Steffes, James D.; Lindberg, Susan on -- Today's meeting TJ and your FERC held a today on the of NE, SE, and Midwest RTO The FERC judges and staff gave the Commission reports from the mediations and MISO, SPP and Alliance filings. While there was much discussion about the appropriate (non-profit Transco, with on whether congestion management models were the same or simply compatible, no decisions were made by Chairman Wood did commit to quickly providing "certainty" all stakeholders, including the community. He asked FERC Staff prepare on each based comments at RTO week through filed RTO week comments (Enron will file Nov. 2) and report back to FERC at the 7 meeting. you had chance look UT presentation for will need to email final copy Monday morning (her flight is 2:00 PM) and would like cd for backup. I can handle She has supplied me with new dates for page. If you get a chance to review - just fax pages to me at not, I can work it monday morning. I so for It's such BIG deal to be promoted to MD. Please share any thoughts might have with me on how this affects my role assistant what I can to better assist you. know, job that I have you the waited all life. It is challenging, and has a lot of for growth. You make work I am doing is important and valuable. have an enormous amount of respect for as a person and of the work that you do and know I am to have this job. Patti are you going go to this with ---------------------- Forwarded by Eric Bass/HOU/ECT on 04/09/2001 04
	Novosel, Sarah; Steffes, James D.; lindberg, SuSan
SuBjeCt:	UPdAte oN RTOS -- Today's FERC meeTIng

Tj and Claudette -- please forWard tO yOUr grOUpS:


FERC Held a diSCuSSIon ToDaY on ThE StAtus oF NE, sE, and MiDwest RTO prOpoSaLs.  The FERC judGEs And staff gaVe tHe Commission RepOrts frOm The MEdiatIonS and cUrrent miSO, SPP And AllianCe FIlings.  wHile theRE WaS mucH discussion about tHE aPPropriate model (Non-proFiT iSo, tRanSco, iTC), with queStIons oN Whether COnGESTioN Management modEls were the sAMe oR simplY cOmpATible, nO deciSiONs wEre made by FErC.  ChAirman WooD did coMMit to quICkly proViding "CerTaiNty" tO AlL sTakEhOLdeRS, iNclUDinG the inveStMeNt comMuniTY.  hE AskeD FErC StAff to Prepare reportS on Each REgiOn basEd on cOmmeNtS receIved at rTO weEk And through filed rTO wEek commenTs (ENrOn wIlL file nOv. 2) and rEpoRt bAck to FErC at the nOv. 7 mEeTING. SAlly,

Have you had a chaNcE TO lOok at UT pResentATiOn FOr Monday?  i wIll Need TO 
Email FinaL CoPy to Lexi By MondAY mOrNing (her FlIght is 2:00 pM) And She 
Would LIke a Cd for bAckup.  I caN handLE that.  She has supPLied me with new 
DAtES FoR Last PagE.  If you get a cHancE To reView - JUsT faX Pages To me aT 
713-345-8100.  IF NoT, i can work on it monday mOrNing.

AgAin, I aM so happy for yoU.  It's such a Big DEal to be pRomoTEd TO MD.  
Please share Any thOughts you mIGht have wIth me On how thiS affects mY ROle 
as youR asSisTanT anD WHaT I can do to bettER AssiSt You.  You kNow, This job 
ThaT I hAve Now WiTh you is thE job I havE wAiTeD fOr aLl my lIFe.  It is 
chAlLenGiNg, fAst-paCEd, and hAs a loT of pOtEnTIal For growTH.  YOU Make Me 
FeEl liKe I ThE work i am dOIng Is imporTant and vaLuaBLe.   I hAvE aN 
enormoUs amount of resPeCt for you as A pErsOn and oF THe work thAt you do 
and know that I am exTRemely lUckY to haVe thIs job.  

PattI arE you goIng TO go to tHis witH me?
---------------------- FoRwArdED By EriC bAsS/HOu/EcT on 04/09/2001 04
	Novosel, Sarah; Steffes,James D.;Lindb erg , S us an
S ubje ct:	Update onR TOs-- Today's FERC meetin g

TJ  a n d Cl a ud ette-- plea s ef o rwa rd  t o y ou r  g roups :

FERC h eld a disc uss io n today on t h estatus ofNE,  SE, and Mid wes t RTOpr opo s als. Th e FER C judg e s andstaff gav et he Com m issionr e po rtsfrom the mediatio n sa nd current MIS O, SPP  a n dA l lia nce  filings. W hilet here wa s  m u c h  di s cussion about  the approp r iat e mode l(no n -profi t ISO ,T ran sco, ITC),with  question s on w h ether c o ngestio n mana gem ent  mod e ls  w ere  t h e s a me  or sim ply comp at ib le, n o de c i s i onswer e ma de by  FERC.  Chair man  Woo d  di d com mit t o qu ic kly p rovidi ng "c er tainty" to allstak eholders,  in cl udi ng  thei nvestm ent  co mmunity .  He a s ked  F E R C  S taff to prepare re po r t son eachregion ba se d  on comm en tsrece i v ed at  RTO we ek and t hrough fi le d RTO w ee k comm en ts(En ron w i ll f ile No v. 2) an d rep o rt back to FER C  at the Nov.7  m e e ti n g. S all y,

Have yo u ha d  a c hanc e  t o l o ok at  UT p re s en t ation for Monday? Iwill n eed t o 
email fina l copy toL e x i by Mon daym or n ing (her fligh t is2:00 PM) a n d she 
w ouldlike a c d for bac k u p.  I ca n h and letha t .  She has suppl i e d me  w ith new  
d ates fo r l ast  pa ge.  If you ge t a chan ce  t ore vie w - j u st fax p ag esto  me  at 7 13-345 -8100 .  I fno t , I  can wo r ko n  itmo nd ay m orn in g.

A gain ,  Iam so h appy foryou .   It 's  s uch a B IG deal to be  p romoted to  M D. 
Plea s e  share a ny thoughts you might h a ve with  me  on h ow t his affec tsmy rol e a s your  assis tantan d w h a t I c a n  d o t obetter ass i s t y ou. Yo u kn ow, thi s job 
that I have now  with you isthe  job I  h ave wa i ted  f o r a l l  my life.  It i s 
challen gi n g,  fast-pace d , a nd  has alot ofpoten t ial for  growth. You make  m e 
f e e l l ike I thework I a m doing i s  impo r ta nt an d v aluabl e.   I hav e an e nor mousamount  o f resp ect f or  you asa person and of the wor k that  youdo
and know  th a t I  am extre mely  lucky tohav e t his j ob.  

Pa ttia re  yo u  goin g to go to thi s  w ith m e? 
---------- - - - --- ----- - F o rwarde d by  Eric Bass/HOU/EC T  on 04/09/2001  04
	Novosel, Sarah;_Steffes, James_D.; Lindberg, Susan
Subject:	Update on_RTOs --_Today's_FERC meeting

TJ_and_Claudette -- please_forward to your_groups:


FERC held a discussion_today on the_status_of NE, SE, and Midwest RTO proposals.  The FERC judges and staff gave_the_Commission reports_from_the_mediations and current MISO, SPP_and Alliance filings.  While_there was_much discussion about the appropriate model (non-profit ISO,_Transco,_ITC), with questions_on whether congestion management models were the same or_simply compatible, no decisions were made_by FERC. _Chairman_Wood_did commit to quickly_providing "certainty" to all stakeholders, including_the investment community.  He asked_FERC Staff to prepare reports on each_region based on comments received at_RTO week and through filed_RTO week_comments (Enron will file Nov._2) and report_back to_FERC at the_Nov. 7 meeting. Sally,

Have you had_a chance to_look at UT presentation for Monday?__I will need_to_
email_final copy_to Lexi by_Monday_morning (her_flight_is 2:00 PM) and she 
would_like_a cd for backup.  I can_handle that.  She_has_supplied me with new_
dates for last page. _If you get a chance to_review -_just fax_pages to me at 
713-345-8100.  If not, I can work_on it monday morning.

Again, I am_so happy for you._ It's_such_a BIG deal_to_be promoted_to MD.  
Please share any thoughts_you might_have with me on how this_affects my role 
as_your_assistant and what I can do_to better assist you.  You_know, this job 
that I_have_now_with you is the job_I have waited for all my_life.  It_is 
challenging, fast-paced, and has a lot_of_potential for growth.  You make_me_
feel like I the work I_am_doing_is important and valuable. _ I have an 
enormous amount_of respect for you as a person and of_the work that_you do 
and know that_I_am_extremely lucky to have this job.  

Patti are you_going to_go to this_with me?
---------------------- Forwarded by Eric Bass/HOU/ECT on 04/09/2001 04