Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-1 EQR Users’ Group Meeting July 11, 2003

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-2 Logistics WebEx/Phone issues –*6 to mute –Raise hand in WebEx/ Local items

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-3 Agenda Introductions and Logistics (10:00 am) Standardization Process (10:10) Break (11:15) Other Issues (11:30) Web Queries (12:00) Discussion on Users’ Group (12:20) Review and Next Steps (12:45)

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-4 Standardization Product Names –48 valid entries Meanings not clearly delineated Meanings unclear Contractual vs. Transaction –21 Product Names used < 100 times in Q1 –Order 2001 request for industry assistance

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-5 Standardization Control Areas (Point of Delivery/Point of Receipt

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-6 North American Energy Standards Board (NAESB) Rae McQuade & Todd Oncken

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-7 Standardization Discussion

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-8 Break We will return at ____ Eastern Time

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-9 Other Issues ISO’s role Day ahead/Real time reporting Liquidated Damages Timing of Refiling

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-10 Web Queries

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-11 Users’ Group Questions Does this kind of meeting make sense? –What should the Users’ Group be doing? How regularly should we meet? Should we meet in different locations?

Office of Market Oversight & Investigations Electric Quarterly Report Users’ Group July 11, 2003 EQR-12 Action Items/Next Steps