We can't make a daily capacity market in the current environment.

 -----Original Message-----
From: 	Nicolay, Christi L.  
Sent:	Wednesday, October 24, 2001 4:43 PM
To:	Presto, Kevin M.
Subject:	

Kevin --

In the Dynegy v. ComEd complaint, Dynegy states:

"Dynegy typically only sells capacity on an annual or seasonal basis for $1MM to $2 MM per 50 MW.  Dynegy does not typically sell capacity on a daily basis."

Enron's argument against Dynegy will be that the FERC network transmission agreement does not give Dynegy a right to "capacity payments."  Aside from that, maybe Enron can make a daily capacity market, since Dynegy clearly isn't making one.  (And in the meantime, we of course continue to try killing "icap")