I have not followed the REC program, but I have heard in the ERCOT CSC determination meeting that they (ERCOT) have concerns in west Texas due to the large amount of wind generation.  It is my understanding that last Friday a line tripped, due to the wind generation according to John Adams at ERCOT.
 
When you say keep an eye on transmission, what do you mean?

-----Original Message-----
From: Bolton, Stacey 
Sent: Tuesday, September 18, 2001 3:41 PM
To: Curry, Mike; Gilbert-smith, Doug
Cc: Twiggs, Thane; Ryall, Jean; Ring, Richard; Mainzer, Elliot
Subject: REC fees/TX transmission


I'm hearing that ERCOT is backing off from ever invoking a fee for the REC program.   If you recall, ERCOT was going to take up this issue again at the end of year -- after initially suspending invoking any fees.  With the REC program up and going, ERCOT has determined that the fees to operate the program are not as high as initially projected.  We're hearing that in January they will likely permanently roll all the fees associated with running the REC program in with the overall market administration fees.   This is good news.
 
We need to keep a close eye on the transmission, though.  If there are transmission constraints and congestion getting the wind power from West Texas, this will likely bump up the cost.
Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct 
713-303-2632 cell 
sbolton@enron.com <mailto:sbolton@enron.com>