Resource Adequacy
December 1-2, 2004 - The Fairmont Hotel - San Francisco, CA
Click Here To Download A Complete Conference Brochure
Click Here For A Complete Listing Of Upcoming Conferences

Are Resource Adequacy Requirements Necessary to Ensure Reliability?

Gather with experts with fundamental roles in the revamping of the California markets and experts familiar with the operation of resource adequacy markets in the northeast U.S. to discuss this important question!!!

Register today!

Topics Include:

• Is it necessary to Impose Resource Adequacy Requirements to Ensure Reliability?
• Can markets for energy and operating reserves, if properly designed and implemented, induce sufficient development to maintain acceptable levels of reliability without introducing explicit requirements for a certain minimum amount of capacity?
• Are the resulting revenue streams that would result too volatile to support development?
• How does the lack of counter parties for long-term contracts figure in?
• What Role Should ISOs Have in Ensuring Resource Adequacy?
• In areas where electricity markets are administered by ISOs, should they assume responsibility for developing whatever mechanisms may be necessary for ensuring resource adequacy?
• How Should Resource Adequacy Requirements Be Implemented?
• Should responsibility for meeting resource adequacy requirements be delegated to market participants? If the latter, how should the ISO ensure that market participants fulfill their obligations?
• How Much Regional Flexibility Regarding Resource Adequacy Requirements Is Acceptable?
• Must resource adequacy requirements for adjoining regions have a uniform reliability objective?
• Should uniform objectives be mandated in all or some circumstances as a result? If some, in which circumstances?
• Must adjoining regions implement resource adequacy requirements in similar fashions?
• Would the Introduction of Resource Adequacy Requirements Invite the Exercise of Market Power by Resource Adequacy Providers?
• If fixed resource adequacy requirements are implemented, how much incentive is there for the exercise of market power by suppliers?
• Can this be mitigated by making resource adequacy requirements vary with the price of meeting those requirements?

Speakers and Panelists Include:

John Chandley, Principal, LECG
Roy M. Kuga, VP - Gas and Electric Supply, Pacific Gas and Electric Company
Frank Wolak, Professor of Economics, Stanford University &Chairman of the Market Surveillance Committee of the California ISO
Kevin Woodruff, Principal, Woodruff Expert Services
Phillip Pettingill, Manager-Policy Development, California ISO
Derek Bandera, Economist-Division of Policy Analysis & Rulemaking, FERC
Mark Karl, Manager-Market Design, ISO-NE
John Charlton, Program Coordinator, New York ISO
Thomas R. Brill, Assistant General Counsel, Regulatory Policy, Sempra Energy
Michael Cadwalader, Principal, LECG
John Jurewitz, Director-Regulatory Policy, Southern California Edison
Ken Laughlin, Vice President-Market Services, PJM
Robert Stoddard, Vice President, Charles River Associates
Jan Smutny-Jones, Executive Director, Independent Energy Producers Association
Michael Jaske, Sr. Policy Analyst, California Energy Commission
Jim Tracy, Chief Financial Officer, Sacramento Municipal Utility District

 Pre-conference Workshop

Resource Adequacy Markets From the Ground Up - Wednesday, Dec. 1

Click Here To Download A Complete Conference Brochure
Click Here For A Complete Listing Of Upcoming Conferences