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"Enron Energy Services, Inc., et al. (Enron Energy) submitted for filing a rate schedule under which Enron Energy will engage in wholesale electric power and energy transactions at market-based rates."

To my unpracticed eye, this looks like an exemption that allows Enron to act as a trader of energy.

Most of the DOE regulations pertain to generation and transmission -- in which issuance of securities to finance capital improvements would be a standard practice. Trading in energy was a relatively new beast, purportedly "invented" by Enron.

I wonder if this was merely a repeat of some kind of routine exemption granted to trading firms on an annual (or regular periodic) basis.

it seems to me, remembering back on the commodity markets, that trading energy is a relatively recent thing, which started coming about around 1996-1998 under the clinton administration. Various electric commodity rates started on several commodity market exchanges at that time.