
Date: Fri, 11 May 2001 10:03:00 -0700 (PDT)
From: peter.styles@enron.com
Subject: Re: Florence Forum outcome
Cc: andrew.morrison@enron.com, 
rory_macrae@edelman.com, laura.currie@edelman.com,
eva.hoeffelman@enron.com, mark.elliott@enron.com,
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Bcc: andrew.morrison@enron.com, 
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eva.hoeffelman@enron.com, mark.elliott@enron.com,
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uta.dernedde@enron.com, justin.boyd@enron.com,
mauro.renggli@enron.com, ulrich.finke@enron.com,
peter.heydecker@enron.com, philipp.buessenschuett@enron.com,
benedikt.messner@enron.com, syste.heijst@enron.com,
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For the benefit of those copied :
Most of you know that I represented EFET at Florence. You will not be
surprised to hear that the Platts and EDEM articles on the outcome give a
false impression on what is likely to transpire by way of a cross border
transmission tariff regime on 1 September. It was pretty clear to me from
both the formal sessions and side discussions, that the impasse between the
German government and the European Commission will not be resolved in that
time frame, if at all. The language in the draft Conclusions should give us
reason for optimism that the Commission will now stand firm against export
related tariffs. There was talk of a transitional tariffication scheme based
on socialisation of transit costs among national system users, which would
exclude Germany and possibly Belgium and Switzerland. I give a scheme like
that little chance of implementation either, given the practical difficulties
in operating the scheme without co-operation of the German TSOs, as well as
the hurdles to reaching a contracual arrangement for exchange of moneys
between ETSO members.

I am available in London on Monday to answer questions. And you can ask
Nailia Dindarova or me for sight of a draft EFET press statement about the
implications of the Florence Conclusions this time round.





