October 2008 Newsletter
Both California and Texas are moving toward electricity markets that are very similar to those found in the MISO, PJM, ISO-NE and NYISO.
The broader context in which ISOs operate in is changing dramatically, and perhaps in a different direction. Electricity prices, along with other energy prices, have increased substantially with associated calls for re-regulation; there are strong voices calling for ISOs to be more involved in advancing policies related to energy efficiency, demand side management and renewable energy; national greenhouse gas legislation is looming; and inter-state and inter-regional issues are heating up with respect to transmission siting, carbon caps, among other issues.
The shift in context raises some important questions regarding the roles of ISOs. To what extent, if at all, should ISO markets be adjusted to accommodate this shift? Do the existing ISO markets conflict with policies to promote renewables, energy efficiency, and reduction in greenhouse gas emissions? Can and should changes be made to ISO markets to help mitigate electricity price increases?
The Center for Energy, Economic and Environmental Policy (my day job) and the Northeast Energy Bar Association are sponsoring a Forum on October 24, 2008 in New Brunswick, NJ on the topic of the Future of ISOs. Four distinguish panelists and moderator will present their view and respond to questions and comments from the audience. See below for the agenda and logistical information. I expect that this event will produce some very provocative and informative discussion.
If you are interested in attending or learning more about it, please contact me. I hope to see you there.
The Future of Independent System Operators
Friday, October 24, 2008
9:30am – 12:00pm
Hyatt Regency New Brunswick
Two Albany Street
New Brunswick, NJ 08901
Coffee and Light Refreshments
Welcoming Remarks Frank Felder
Director, Center for Energy, Economic & Environmental Policy
Panel Introduction and Format Seth Hulkower
Panel Member Presentations
11:20 – 12:00
Panel Discussion with Audience Questions & Comments
Seth Hulkower, President of President of Strategic Energy Advisory Services and former Chief Operating Officer of the Long Island Power Authority
Phillip Harris: Independent Energy Consultant and Board Member (IESO and ITC); Former President and CEO, PJM
William Museler: Former President and CEO, NYISO
Jeffrey Tranen: Senior Vice President, Lexecon Inc.; Former President and CEO, California ISO
Hyatt Regency New Brunswick, 2 Albany Street, New Brunswick, NJ 08901
Driving Directions to Hyatt Regency New Brunswick:
From the New Jersey Turnpike: Take the New Jersey Turnpike to Exit 9. Proceed to Route 18 North 3 miles to Route 27 South. Travel 2 blocks to Nielson Street. Turn Left. Hotel is on the Left.
From Route 1:
From Route 1 North or South Take Route 18 North Exit. Proceed to Route 18 North 3 miles to Route 27 South. Travel 2 blocks to Nielson Street. Turn Left. Hotel is on the Left.
The Hyatt is a 3 block walk from the New Brunswick train station, which is serviced by the Northeast Corridor Line on NJ Transit and Amtrak.
Northeast Corridor Train Schedule: http://www.njtransit.com/pdf/rail/r0070.pdf
You can also get Station to Station schedules here.
Amtrak Northeast Corridor Train Schedule.
Walking directions from New Brunswick Train Station:
Exiting train station, take Albany Street West 3 blocks to Nielson Street. Hyatt is on the corner of Albany and Nielson Street.
Parking is located at the Hyatt at a cost of $3 per car.
The event will be held in the Regency Ballroom D, located just off the main lobby and hotel atrium.