Evaluation of Power Transactions and Joint Dispatch
Synapse evaluated the purchases and sales transactions of Public Service of Indiana; in particular, the treatment of those transactions under the "Joint Generation and Dispatch Agreement" under which the Cinergy system operated until April 2005. The results of an initial evaluation were presented in a “verified statement” of Bruce Biewald filed with the Indiana Utility Regulatory Commission in Cause No. 42359. Subsequently, more in-depth evaluations were conducted and those results were presented in the testimonies of Robert Fagan filed with the Indiana Utility Regulatory Commission in Cause Nos. 41954, 42895, and 38707 FAC 61S1. Project completed in February 2006.