Rick
Here are the principle items I outlined in my strategy for the German office 
in April. All goals apply to both gas and electricity The full document is 
attached. 
Let me know if you have any questions. Thanks

Paul 


? Establishment of Regulated Third Party Access to Gas and Electricity 
Networks 
o All pressure/voltage levels.  
o Non-discriminatory, tranparent access to networks and network services 
(gas=storage, balancing, blending; electricity=balancing energy, reserves, 
voltage and frequency control)
? Corporate Unbundling: 
o Management, resource, and legal separation of networks (all pressure and 
votlage levels) from supply/trading businesses in gas and electricity.
? Free Cross Border Trade: 
o Opening of all interconnector capacity on a market-basis; 
o Remove &Altvertrage8 and require only minimum necessary reservation of 
capacity for system stability purposes. 
o Cross-border fees must be genuinley cost-reflective and shared by all 
parties equally. 
o Income from auctions of congested capacity used to i) reduce network fees 
or ii) expand facility.
o Reduce or eliminate planned restrictions from application of reciprocity 
clause in gas and electricity.

Time Frame: 12- 18 months



 -----Original Message-----
From:  Styles, Peter  
Sent: 18 May 2001 23:23
To: Richard Shapiro/NA/Enron@EES
Cc: Doug Wood/LON/ECT@ENRON; Paul Hennemeyer/LON/ECT@ENRON; Paul Dawson/Govt. 
Affairs/LON/ECT@ENRON; Amber Keenan/LON/ECT@ENRON
Subject: Re: European Priorities

It's late (even in Houston!) but here are five for the Brussels office, plus 
Continental Power,  plus France, Belgium and NL:
 1. Arcos gas TPA (anti-trust angles).
 2. Cross border power transmission CWE - eliminating transaction based 
tariffs and achieving transparency/ non discrimination in allocation of ATC.
 3. Freeing up more power export transmission capacity from, and optimising 
forthcoming auction of virtual generating capacity inside, France.
 4. Resolving restrictions on availability to new entrants of power import 
transmission capacity into NL.
 5. Achieving power transit without additional tariff through, and wholesale 
power TPA inside, Belgium.





Richard Shapiro@EES
11/05/2001 14:18
To: Doug Wood/LON/ECT@ECT, Paul Hennemeyer/LON/ECT@ECT, Peter 
Styles/LON/ECT@ECT, Paul Dawson/Govt. Affairs/LON/ECT@ECT
cc: Amber Keenan/LON/ECT@ECT 

Subject: European Priorities

Could each of you get me by next Friday( May 18,2001) a list of the top 5 
priorities for each of your respective areas....and, if, possible, a 
consensus document reflecting the top 8-10 priorities for the entire group? A 
brief description of each of the priorities would be appreciated with an 
attempt to quantify, where possible, the value associated with each of the 
priorities( either value potentially created or loss of value avoided). 
Thanks.