This is a direct result of the recent actions from GISB to get involved in the wholesale electric standards.   We and EPSA have made positive statements about the GISB process.  NERC has been forced to change to accomodate what many in the industry are looking for.  There are still many "ifs" at GISB at this time, much of it around how much the big utilitites would be willing to support it.  Our position has been - whoever provided the best deal first, that is where the industry will take its business.

Kevin's preferences for RTO standards is not out of the question.   FERC will utlimately decide how much standards setting authority the RTOs will have.   NERC will certainly foucs - at least - on inter-RTO standards, something RTOs will not do well, if at all.  Howvever, NERC must not impede on internal RTO market structures and rules - a "commercial standard"  - this is why NERC recognizing commercial interests is such a big step.




 -----Original Message-----
From: 	Nicolay, Christi L.  
Sent:	Wednesday, October 17, 2001 8:28 AM
To:	Bestard, Jose; Yeung, Charles
Subject:	FW: NERC Board Actions

Some of the traders saw this announcement yesterday and wanted to know our reaction.  Comments?

 -----Original Message-----
From: 	Bestard, Jose  
Sent:	Wednesday, October 17, 2001 1:31 AM
To:	Yeung, Charles; Shelk, John; Shapiro, Richard; Robertson, Linda; Steffes, James D.; Walton, Steve; Perrino, Dave; Novosel, Sarah; Shortridge, Pat; Nicolay, Christi L.
Subject:	NERC Board Actions

FYI
---------------------- Forwarded by Jose Bestard/ENRON_DEVELOPMENT on 10/17/2001 12:29 AM ---------------------------

 << OLE Object: Picture (Device Independent Bitmap) >> 
"Dave Nevius" <Dave.Nevius@nerc.net>@nerc.com on 10/16/2001 04:14:46 PM
Sent by:	owner-shcnominees@nerc.com
To:	<nercroster@nerc.com>
cc:	<cclist@nerc.com> 

Subject:	NERC Board Actions


NERC Roster

The NERC Board, at its meeting today in Vancouver, took bold steps to
expand its role for developing standards for the wholesale electric
industry in North America, to ensure the independence of actions by its
21 Security Coordinators from any wholesale or retail merchant
functions, and agreed to revamp the composition and voting structure of
its standing committees.

Attached are the relevant resolutions and policy statements approved by
the Board.

A press release concerning these actions is available on the NERC web
site.

Dave Nevius





  <<Board Resolutions on Items 20, 21, 22.doc>>  <<FINAL SCRTF Initial
Sectors and Criteria 092701.doc>>  <<FINAL SCRTF Report to SHC and BOT
092701 .doc>> 
 - Board Resolutions on Items 20, 21, 22.doc << File: Board Resolutions on Items 20, 21, 22.doc >> 
 - FINAL SCRTF Initial Sectors and Criteria 092701.doc << File: FINAL SCRTF Initial Sectors and Criteria 092701.doc >> 
 - FINAL SCRTF Report to SHC and BOT 092701 .doc << File: FINAL SCRTF Report to SHC and BOT 092701 .doc >>