Read this invitation on the web
Please forward!

FERC invested a lot time and effort in developing a robust wholesale market via standard market design -- meeting with stakeholder groups around the nation -- but the measure upset those in Congress who felt threatened by that design.

Congressional leaders blocked the SMD in legislation that has yet to pass but FERC has been warned by Senate leaders not to implement SMD while legislation is pending.

Meanwhile Harvard utility expert, William Hogan, tells groups that SMD will come back because it's the only method that works.

He cites the examples of failures without it and successes with it.

Not everyone agrees.

Bruce Edelston, director of policy & planning at Southern Co Services, is good at explaining Southern's strong views on the subject.

North Carolina Commissioner James Kerr is a widely known opponent of SMD who has agreed to join Hogan and Edelston in a 90-minute conference call sponsored by Restructuring Today.

FERC's view and what's next at FERC will be presented by Richard O'Neill, top FERC economist.

The call begins with introduction of each panelist who speaks for just six minutes.

Facilitator George Spencer, editor of Restructuring Today then asks the panel a few questions and then the call is opened for questions from those -- such as you -- on the call and by email.

The goal of this call is to let you know -- now that SMD has been blocked -- what to expect next from FERC.

How can FERC open up competitive wholesale markets as instructed by the Energy Policy Act of 1992?

Will it be SMD by another name?

Can the supply margin assessment (SMA) accomplish the same goal?  It's intended to attach generation market power when it should go after transmission access.

Can locational pricing do the job?

Get your questions answered for very little money -- no hotels or airplanes -- and registration is only $150 for early-birds.

You can have as many people listening on one line as you want. Act now to save.

Call 1-800-486-8201, click here or fax the registration form below to register.

     Early Bird:  $150 until April 24
     Standard:  $200 until (4/25 - 5/23)
     Late:  $245 (5/24 - 5/28)

IMPORTANT DETAILS

• No one has to fly anywhere or spend big bucks on hotels.

• Any number of listeners at one location can listen to the call via one line and a speakerphone (but connecting other phones is prohibited without added registration).  Gather 5 people around a speakerphone and that's only $30/person.

• More than two lines?  As an added bonus, discounted prices are available for additional lines going to other locations in your organization (call 1-800-486-8201 for details).

• Can't make it on May 28?  A digital replay will be available (one time use only) for one week following the event or buy the audio CD for just $150.

• Transcripts will be provided in the week following the conference.

Harvard utility expert, William Hogan

Bruce Edelston, director of policy & planning at Southern CO Services

North Carolina Commissioner James Kerr

Richard O'Neill, top FERC economist

Now that SMD has been blocked -- what can we expect next from FERC?

How can FERC open up competitive wholesale markets as instructed by the Energy Policy Act of 1992?

Will it be SMD by another name?

Can the supply margin assessment (SMA) accomplish the same goal?

Can locational pricing do the job?

Get your specific questions answered too by phone or email.

ghi is the premier audio conference provider for the energy industry.  

Here's what you peers have told us about our events they've recently attended:

"[RT brought] significant stakeholders together."
     Terry Huval, Lafayette      Utility System

"George Spencer did a superb job of moderating this group.  Question format was excellent.  This was an exceptional educational tool.  No ifs, ands or buts."
     J. Michael Love, Energy      Association of      Pennsylvania

"Compelling debate!"
     Peter Balash, National      Energy Technology      Laboratory

"Our team enjoyed the program very much"
     Matt Sadinsky, System      Operations Success

"We enjoyed the conference and found it very informative."
     Christina Sepich, PPL      Electric Utilities

"You answered all of the questions."
     Missouri Public Service      Commission

"It was a very good program.  The open question session was good -- great dialog"
     Anonymous

"Would do so again."
     Dwight Powrie,
     Enbridge

"The Q&A ... brought up some interesting issues."
     Mayer Sasson, Con      Edison

"The audio was clear at all times.  The registration and dial-in was very easy.  I liked the opportunity to send questions in early."
     Charles Borchardt, 
     Southeastern Power      Administration

 

 

MEET THE SPEAKERS

William Hogan is research director of the Harvard Electricity Policy Group (HEPG), which is exploring the issues involved in the transition to a more competitive electricity market.  

He is director of The Repsol YPF - Harvard Kennedy School Fellows Program for energy policy research.   

In addition, he serves as director of graduate studies for the PhD program in public policy and the PhD program in political economy and government at the Kennedy School of Government.

He has also served as chair of the public policy program and as director of the Energy and Environmental Policy Center.

Hogan has been actively engaged in the design and improvement of competitive electricity markets in many regions of the United States, as well as around the world, from England to Australia.  

His activities include designing the market structures and market rules by which regional transmission organizations, in various forms, coordinate bid-based markets for energy, ancillary services, and financial transmission rights.  

This research is also part of the larger activities of the Environment and Natural Resources Policy Program.

Richard O'Neill is the Federal Energy Regulatory Commission's chief economist:  Bio Pending

James Kerr was appointed to the North Carolina Utilities Commission by Governor Mike Easley for an eight-year term that commenced on July 1, 2001 and expires on June 30, 2009.  

Kerr is the immediate past president of the Southeastern Association of Regulatory Utility Commissioners (SEARUC), and is a member of the Electricity Committee of the National Association of Regulatory Utility Commissioners (NARUC).

Prior to coming to the Utilities Commission, Kerr was a partner with the law firm of Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP.  His practice concentrated in civil and administrative litigation, with significant experience in the trial division of both the State and Federal Court systems, the Appellate Division of the State Court system and the Utilities Commission.

Richard O'Neill is the Federal Energy Regulatory Commission's chief economist:  Bio Pending


EARLY BIRD DISCOUNT ENDS APRIL 24!

3 EASY WAYS TO REGISTER

 1.  Call 1-800-486-8201 (202-298-8201 outside the US)

2.  Click on a link below:
      » Live Interactive Audio Conference -- $150
      » Audio Conference on CD -- $150*
      » Combo:  Live Program AND CD -- $225*

      * Please add $15 for shipping and handling and 5.75% sales tax (DC customers only)

3.  Fax the form below to 202-298-8210.

An email message with instructions for obtaining your program materials will be sent to you.  

Live Interactive Audio Conference Registration Form

After SMD, what? -- Live Interactive Audio Conference, Friday, May 28 from noon to 1:30 pm eastern.  For your convenience, simply fill out the form below and fax it to 202-298-8210.

___$150 Live Interactive Audio Conference (Discount ends 4/24/04)
___$150 Audio Conference on CD
___$225 Combo:  Live Program AND CD (Discount ends 4/24/04)
___$15 for shipping and handling (CD orders only)
___5.75% Sales Tax (CD orders only for DC customers)
___Total

SOURCE:  SMD1

Name:

Title:

Organization:

Street Address:


City:

State:

Zip:

Telephone:

Fax:

Email (required for delivery of program materials):

Billing Options (select one):

___Charge by credit card: VISA/MasterCard/AMEXNumber:

     Expiration Date:

     Name on card :

___Bill Me (Payment must be received before May 28)

About ghi

Publisher of Restructuring Today and ghi^markets.

• To stop getting announcements about After SMD, what? -- Live Interactive Audio Conference, please write to smdremove@restructuringtoday.com.  

• To register for an audio conference or buy CDs of past conference proceedings, please call 1-800-486-8201 (202-298-8201 outside US) or visit http://www.restructuringtoday.com/rt-conf.html.

• To reach customer service call 1-800-486-8201, daily@restructuringtoday.com, or write to ghi 4418 MacArthur Blvd, NW, Suite 202 Washington, DC 20007 USA.

Visit our sister-sites: http://www.restructuringtoday.com;
http://www.restructuringtoday.com/ghimarkets.htm

Do you have a colleague who would benefit from this audio conference?  Please feel free to forward this invitation.

 
SOURCE:  SMD1