Turf Battles and Policy Gridlock Continue to Plague Strategic
Planning Efforts at Power Companies
There is nothing that paralyzes industry more than uncertainty on
impending legislation and regulatory policy. We now face a Democratic
administration struggling with a Republican House of Representatives.
Looming carbon legislation, as well as new regulations on air emissions,
power plant water effluents, and renewable portfolio standards have
already resulted in courtroom battles as stakeholders, federal and state
regulators all jockey for control. Until these issues are sorted out
through policy or mandate, power-industry investment decisions are a
risky business and a tremendous challenge for today's utilities.
With Washington under siege for years to come as a result of our
nation's chronic federal deficit, the profound change needed in our
energy sector is not likely to be nurtured top-down by federal largesse.
Rather, the future will belong to grassroots entrepreneurs who will come
up with the technology to totally transform how we put the glow into our
bulbs and the song into our iPods.
So who will have the power over power in the next five years?
That's a good question. And one that will be addressed at the
2011
EnergyBiz Leadership Forum.
What promises to be the climax of the conference, two panels of
Washington insiders will attempt to put the issues into perspective,
determine who will control jurisdiction, and offer best predictions on
how regulations will fare in the political landscape the industry over
the next five years. On the first panel, entitled "Turf Battles and
Energy Policy – Getting the Rules Right," you'll hear from Rep. Devin
Nunes of California, Tony Clark – chairman of the National Association
of Regulatory Utility Commissioners, and Robert Brenner - director of
the Office of Policy Analysis and Review, Office of Air and Radiation,
Environmental Protection Agency (EPA).
On a second panel, entitled "Policy Gridlock in Washington – The Obama
administration and a Republican House," some of the energy industry's
most influential association leaders will speak, including: Lonnie
Carter, president & CEO, Santee Cooper and chair, APPA; Craig Goodman,
president, National Energy Marketers Association; Jason Grumet,
president, Bipartisan Policy Center; Julia Hamm, president, Solar
Electric Power Association; Tom Kuhn, president, Edison Electric
Institute; and Barry Worthington, executive director, United States
Energy Association.
These panels offer collective thought leadership on the progress and
impact of future energy regulation that will not be duplicated at any
other energy conference in 2011. In addition to these superb panelists,
Session Four will also feature a CEO Roundtable that will include such
industry giants as: Michael Morris, president & CEO, AEP; Lewis Hay III,
chairman & CEO, NextEra Energy; Tom Fanning, chairman, president & CEO,
Southern Company; and Tom Farrell II, chairman, president & CEO,
Dominion.
Simply put: this is one conference you cannot afford to miss. I urge you
to
register today.
EnergyBiz Leadership Forum is the industry's most comprehensive and
strategic conference, bringing together influential leaders in energy,
government, and media. The Forum offers in-depth, realistic perspectives
on energy industry issues that impact utility investment strategies and
performance. For complete program and registration details visit
www.EnergyBizForum.com.
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