Dear Market Participant,

Technical Bulletin # 78 - Penalties for Persistent Undergeneration -
is being distributed for Market Participant  comment.  The
Technical Bulletin will be posted to the NYISO web site
following the comment period.  Please note that the penalties
described in this Technical Bulletin are effective as of
October 1, 2001.

The purpose of our Technical Bulletins is to facilitate participation
in the NYISO by communicating various NYISO concepts,
techniques, and processes to Market Participants before they
can be formally documented in a NYISO manual.

Please forward comments on this Technical Bulletin, via email,
by 5PM on Tuesday, October 2, 2001 to:

Peter Lemme
NYISO Customer Technical Services
plemme@nyiso.com

(See attached file: TB_78_draft.pdf)
 - TB_78_draft.pdf