-----Original Message-----
From: Blair, Greg 
Sent: Friday, November 02, 2001 1:32 PM
To: Arora, Harry
Cc: Cavazos, Brandon
Subject: RE: Synthetic Peaker


Harry:  In response to your questions:
 
1.  Brandon put together the indicative, off the spread option model.
2.  Yes, this is into TVA
3.  Yes, it is for a three-year period commencing in '03
4.  Size is 200 MW
5.  Dispatch is day-ahead w/16 hour minimum.
 
I copied Brandon on this so he can follow the entire thread and respond to you or assist you, as necessary.

-----Original Message----- 
From: Arora, Harry 
Sent: Fri 11/2/2001 12:38 PM 
To: Blair, Greg 
Cc: 
Subject: RE: Synthetic Peaker


Greg
 
1. Who made these prices ?
 
2. Is this a into TVA product
 
3. Is this a 3 yr starting 2003 they are asking for ?
 
4. How much size are they interested in ?
 
5. Is this a day ahead 5x16 (16 hour minimum) product or is there a 4hr/8hr min ?
 
 
Harry
 
 
 
 
 
 

-----Original Message-----
From: Blair, Greg 
Sent: Friday, November 02, 2001 12:25 PM
To: Arora, Harry; Cavazos, Brandon
Subject: FW: Synthetic Peaker


Harry and Brandon:
 
Apparently, we are not as competitive as we need to be here.  Let me know if there's anything we can do here to make this more attractive.  My quote to them is at the bottom of the thread.

-----Original Message----- 
From: "Hilson, D. Wayne" <dwhilson@tva.gov>@ENRON 
Sent: Fri 11/2/2001 11:07 AM 
To: Blair, Greg 
Cc: Goza, Stuart L. 
Subject: RE: Synthetic Peaker



Greg:

We have completed our evaluation of the two proposed structures (1) May

through September and (2) June through August for a three year duration

beginning in 2003.  Unfortunately, based on the prices quoted below, neither

evaluates well enough that we would want to pursue any further.  We

appreciate your interest and remain interested in any future proposals you

may want to offer.

Regards,

Wayne Hilson

(4230 751-2916

 -----Original Message-----

From:   Greg.Blair@enron.com [ <mailto:Greg.Blair@enron.com>]

Sent:   Tuesday, October 23, 2001 5:33 PM

To:     dwhilson@tva.gov

Subject:        RE: Synthetic Peaker

Any idea on timing of a response?  Just curious.

    -----Original Message-----

   From:   "Hilson, D. Wayne" <dwhilson@tva.gov>@ENRON

   Sent:   Monday, October 15, 2001 4:06 PM

   To:     Blair, Greg

   Subject:  RE: Synthetic Peaker

   Thanks.

   We'll be in touch.

    -----Original Message-----

   From:   Blair, Greg [ <mailto:Greg.Blair@enron.com>]

   Sent:   Monday, October 15, 2001 3:32 PM

   To:     dwhilson@tva.gov

   Subject:     Synthetic Peaker

   Wayne:

   May 1 through Sep 30:  $5.83/kw-mo

   Jun 1 through Aug 31:  $8.78/kw/mo

   Heat Rate:   10,900

   VOM:         $1.63/MWh

   Term:        3 years

   Start:       2003

   Availability:     5x16

   Delivery:    Into TVA

   Regards, Greg



   **********************************************************************

   This e-mail is the property of Enron Corp. and/or its relevant affiliate

   and

   may contain confidential and privileged material for the sole use of the

   intended recipient (s). Any review, use, distribution or disclosure by

   others is strictly prohibited. If you are not the intended recipient (or

   authorized to receive for the recipient), please contact the sender or

   reply

   to Enron Corp. at enron.messaging.administration@enron.com and delete

   all

   copies of the message. This e-mail (and any attachments hereto) are not

   intended to be an offer (or an acceptance) and do not create or evidence

   a

   binding and enforceable contract between Enron Corp. (or any of its

   affiliates) and the intended recipient or any other party, and may not

   be

   relied on by anyone as the basis of a contract by estoppel or otherwise.

   Thank you.

   **********************************************************************