Subject: enron ' s ferc filing opposing icap
today at ferc , enron filed a pleading requesting the complete elimination of " icap " as a product ( including any " reserve type " products ) based on the fact that the real time spot markets of the rtos can effectively price this in the cost of energy . the pleading also includes a proposed interim approach ( with a two year sunset date ) . this pleading was made in response to ferc ' s request for comments on " ensuring sufficient capacity reserves in today ' s energy markets . "
the pleading and affidavit of larry ruff , phd are attached .