
Date: Mon, 21 May 2001 03:03:00 -0700 (PDT)
From: paul.hennemeyer@enron.com
To: richard.shapiro@enron.com, peter.styles@enron.com, doug.wood@enron.com,
paul.dawson@enron.com
Subject: FW: European Priorities

Rick
Here are the principle items I outlined in my strategy for the German offic=
e=20
in April. All goals apply to both gas and electricity The full document is=
=20
attached.=20
Let me know if you have any questions. Thanks

Paul=20


? Establishment of Regulated Third Party Access to Gas and Electricity=20
Networks=20
o All pressure/voltage levels. =20
o Non-discriminatory, tranparent access to networks and network services=20
(gas=3Dstorage, balancing, blending; electricity=3Dbalancing energy, reserv=
es,=20
voltage and frequency control)
? Corporate Unbundling:=20
o Management, resource, and legal separation of networks (all pressure and=
=20
votlage levels) from supply/trading businesses in gas and electricity.
? Free Cross Border Trade:=20
o Opening of all interconnector capacity on a market-basis;=20
o Remove =01&Altvertrage=018 and require only minimum necessary reservation=
of=20
capacity for system stability purposes.=20
o Cross-border fees must be genuinley cost-reflective and shared by all=20
parties equally.=20
o Income from auctions of congested capacity used to i) reduce network fees=
=20
or ii) expand facility.
o Reduce or eliminate planned restrictions from application of reciprocity=
=20
clause in gas and electricity.

Time Frame: 12- 18 months



