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PROJECT WHY Pilot Program: Capacity Auction on TW. GPG E-Business Strategies. E-Business Opportunities for GPG Pipelines : 1) Firm Capacity Auctions 2) Capacity Options Trading 3) Interruptible Capacity Auctions 4) Storage Capacity Auctions 5) Fuel 6) Capacity Release Program
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GPG E-Business Strategies E-Business Opportunities for GPG Pipelines: 1) Firm Capacity Auctions 2) Capacity Options Trading 3) Interruptible Capacity Auctions 4) Storage Capacity Auctions 5) Fuel 6) Capacity Release Program 7) Imbalance Trading 8) Automatic Nominations following award of auction products
Capacity Auction Type Volume Receipt/Delivery Rate Timeframe Bid Evaluation Links to EBB Firm on Transwestern Sealed Bid TW Marketer Controls Auction 20 dth/d (maximum) Increments allowed (partial filling) East of Thoreau to CA (Needles) One Part Rate (Reservation) Reserve Price Specified One month increments Auction held during bid week Per Current tariff provisions Access potential receipt points, for example E-Business Opportunity Pilot Program: Transwestern Firm Capacity Auction Internet Tool: EnronOnline (for example) Specifics: • Nomination per current practice (i.e., no automatic noms, • into TMS once awarded)
Marketing/Market Services IT: (Hotte) Regulatory/Legal: Customer list of candidates for auction Customer letter explaining upcoming auction including information on use of EnronOnline. Description of auction product, firm transportation on TW. Further work with EnronOnline to explain Auction Products Determine FERC filings, if required Addressing Contracting issues associated with auction on EnronOnline Review all customer communications and procedures for Auctions Pilot ProgramTW FT Auction TO DO’s: Steps to add a new Auction Product to EnronOnline