Checking to see if you want to go to the meeting.
---------------------- Forwarded by Clement Lau/HOU/ECT on 02/09/2000 05:59 
PM ---------------------------


Bruce Golden@ENRON_DEVELOPMENT
02/09/2000 05:50 PM
To: Clement Lau/HOU/ECT@ECT
cc:  
Subject: Re: Heat rate and Capacity table  

9:30 AM it is - we will meet in Mike Coleman's office on 3AC13

Thanx Bruce



Clement Lau@ECT
02/09/2000 05:30 PM
To: Bruce Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:  

Subject: Re: Heat rate and Capacity table  

It 9:30am OK for you? I will go over to your office for the meeting, and 
maybe get Doug and Ben to join us.





Bruce Golden@ENRON_DEVELOPMENT
02/09/2000 05:07 PM
To: Clement Lau/HOU/ECT@ECT
cc:  
Subject: Re: Heat rate and Capacity table  

His data was LHV. roughly multiply by 1.11 to get HHV. For some reason 
several of the ENA proposals used LHV, so I though that LHV maybe usual for 
ENA deals.

If you are modeling a long term Enron owned deal then we should model 
degradation on heat rate (Santee Cooper, ReBox). If it is a EPC directly to a 
host (ElectriCities, Springfield, City of Austin), the sale would be new & 
clean but we would model our three year power transaction with just the 
initial heat rate degradation. You and I ought to look at the degradation 
curve that most closely matches and eyeball the year 1, 2 and 3 average 
degradation.

How 'bout in the morning - you pick the time - I have an 11AM tech meeting.

Thanx Bruce



Clement Lau@ECT
02/09/2000 04:14 PM
To: Bruce Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:  

Subject: Heat rate and Capacity table

Bernstein's model has a table that provide the heat rate and capacity based 
on ISO/90 degrees, chiller/no chiller, gas compression, etc. I am not sure 
whether I should go with these numbers, but I know the heat rate is off 
because I heard that the heat rate is 10,300 HHV instead of 9,300 HHV (unless 
Bernstein's model is in HHV, which I was told was not).

I got your message about not modeling capacity degradation. Should we still 
model heat rate degradation?

Please tell me when you would be available to discuss further. Thanks.