Message-ID: <17918057.1075861939397.JavaMail.evans@thyme> Date: Tue, 30 Oct 2001 18:08:50 -0800 (PST) From: lmrig@qwest.net Subject: Electricity Risk Management Workshop and Conference and Other Upcoming Events Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Laxmi Mrig X-To: X-cc: X-bcc: X-Folder: \MHAEDIC (Non-Privileged)\Haedicke, Mark E.\Inbox X-Origin: Haedicke-M X-FileName: MHAEDIC (Non-Privileged).pst Performance-Based Ratemaking Conference December 5-7, 2001, Denver, CO OVERVIEW Performance Based Ratemaking (PBR) is emerging as a key element of the restructuring of the electric utility industry. For PBR to be effective it must be designed carefully and uniquely for each utility so as to align the interests of the utility, the shareholders and the customers and also to make sure that PBR is successful in achieving efficiency and service quality. EUCI has put together a covey of expert speakers to review and address the latest PBR developments and applications. Join us in Denver and get the latest state-of-the-art information and insights you will need to develop an effective PBR strategy for your company. The website links for the Workshop and Conference are provided below: Performance-Based Ratemaking: Theory and Applications Workshop, Dec. 5, 2001, Denver, CO Performance-Based Ratemaking Conference, Dec. 6-7, 2001, Denver, CO Electric Power Market Performance Conference December 12-14, 2001, Denver, CO OVERVIEW Each year there is additional opportunity to draw lessons regarding electricity market structure and design from actual market performance. These lessons are leading to a convergence in market design, at least in the Eastern Interconnection and ERCOT. One focus of this conference will be on the lessons to be drawn from the experience of the new ERCOT markets, the continuing market design problems in California, and the difficulties in developing and implementing a market based congestion management system in the midwest. A second focus of this conference will be on the existing markets in PJM and New York, which have now moved beyond managing their internal markets and are being pushed by market participants and regulatory agencies to better address inter-RTO coordination and develop market based incentive systems for transmission expansion. Finally, the conference will highlight one of the important, but little noticed successes of the Eastern ISOs, which is the explosive growth in the PJM and New York financial rights auctions. The website links for this conference and associated workshop are provided below: Power Market Design Workshop, Dec. 12, 2001, Denver, CO Electric Power Market Performance Conference, Dec. 13-14, 2001, Denver, CO Electric Risk Management 101 Workshop And Portfolio Optimization for Electric Utilities Conference January 22-25, 2001, New York City, NY OVERVIEW In the current environment of volatile energy prices and deregulation, it has become increasingly more important for the electricity industry to learn how to manage price risk. EUCI presents two events formatted for the beginner to the expert in price risk management. The first Workshop is designed for the beginner with no prior experience in risk management and introduces the basic vocabulary and concepts in a concise and easily understandable format which forms the foundation for the more advanced concepts applied in the second event (Conference). The website links for these events are provided below: Electricity Risk Management 101 Workshop, Jan. 22-23, 2002, New York City, NY Portfolio Optimization for Electric Utilities Conference, Jan. 24-25, 2002, New York City, NY We have updated our website to include new conference proceedings on recently-held "Power Generation Asset Management" and "Power T&D Asset Management" conferences. Please visit www.euci.com and review the conference proceedings section. Kindly forward this announcement to your colleagues who might benefit from attending these events. Best Regards, L. Mrig Electric Utility Consultants, Inc. (EUCI) 5555 Preserve Drive Greenwood Village CO 80121 Tel: 303-770-8800 Fax: 303-741-0849 lmrig@euci.com