• FERC Commissioner Nora Brownell suggested Restructuring Today's original Developing Markets in the West conference last May.  She's returning for our second one on June 30 -- in an era of excitement over the big, positive changes in California along with:

• Gov Arnold Schwarzenegger's energy adviser, Joe Desmond is making his second RT presentation.  He'll play a key role in getting markets going in the West -- supported by the governor who made free markets an issue on his website when the recall movement began.  Support for competitive markets is growing rapidly in California, even supported by some Democrats under Gov Schwarzenegger's leadership.  Desmond until Monday was CEO of Infotility and co-chair of the Silicon Valley Manufacturers Group.

• A key regulator, Arizona Corporation Commission Chairman Mark Spitzer returns for a second year with a NARUC perspective.

• Back again with the marketers' view is Vicki Sandler, president of APS Energy Services.

• A new DMW addition is Jackson Mueller, a Redmond, Wash, adviser to industrial and other large energy buyers.  He's active in West Coast markets and Texas and was a panelist in RT's Outlook for the Texas C&I Market last year.

REGISTER TODAY!

To register for "Developing Markets in the West" live interactive audio conference, go to http://www.restructuringtoday.com/audio/dmwweb.htm or fill out the order form below and fax it to 202-298-8210.  You can call us at 1-800-486-8201. Please mention source code DW2 to expedite your registration.

Join Restructuring Today from the comfort of your own office or conference room to hear this dynamite panel explore the exciting new developments in the outlook for the West, June 30 at 12:00 PM Pacific Time live in a 90-minute audio conference.

The conference call begins with a few words from each panelist followed by brief questioning by RT Editor George Spencer.  Then Spencer opens the call to the people on it such as you.

PROGRAM HIGHLIGHTS:

• Can FERC guide design of markets without pro-monopoly Congress members reversing the Supreme Court's latest ruling on native load?

• How does California's MD 02, the California ISO plan to design a market, fit in with developing western markets and federal policy?

• Bottom line, if parochialism is the main obstacle to developing markets, how do we address it?  Any hope in that direction?

• One school of thought is that the West has had a vibrant power market for many years without FERC's fostering one. If so, why do they need FERC?

• Western opposition to FERC line siting is ferocious.  How can that be approached?

• More than 50% of the power lines in Arizona are owned by public power, a community frightened at the concept of discipline of the marketplace. How should that be approached?

• Is the development of western markets a threat to the hidden subsidies in cheap hydropower?

• Should federal agencies sell their power at market rates in fairness to US taxpayers or should taxpayers get less than market rates to subsidize the Northwest?

• What drivers determine a healthy market?  How do we get there?  Is financial stability near?  What's needed to get there?

• How should the market be structured?  How close is the western market to functional now?

IMPORTANT DETAILS:

Affordable: Priced at $190, it is a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.  Discounted prices are available for additional lines going to other locations in your organization (call 1-800-486-8201 for details).

Fast & Convenient: No airlines.  No travel.  Listen from the comfort of your own office or conference room.  Get to the heart of the matter in just 90 minutes.  Scheduled during lunchtime, this audio conference is designed to easily fit into your busy day.

Easy: A telephone is all the equipment you need.  Just dial in, punch in your access code, and you're in.

Ideal for multiple listeners: For maximum benefit, we suggest that you invite as many people from your organization as possible to sit around a speakerphone and ask questions -- at no extra cost to you.

Transcripts: As an added bonus you'll get a full transcript of the conference by email the next week.

RESERVE YOUR SPOT TODAY!

To register, go to http://www.restructuringtoday.com/audio/dmwweb.htm or fill out the order form below and fax it to 202-298-8210.  You can call us at 1-800-486-8201.  Please mention source code DW2 to expedite your registration.

We look forward to hearing from you!

Best regards,

Season Hawksley
Assistant Publisher
Restructuring Today

REGISTRATION FORM:

To register for Developing Markets in the West II, please use the links below or fax
the completed form to 202-298-8210.

___$190 Live Interactive Audio Conference

___$150 Audio Conference on CD

___$265 Combo: Live Program AND CD

___$15 for shipping and handling (CD and combo orders only)

___5.75% Sales Tax (DC customers only and only for CD and Combo orders)

___Total

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