December 2003 Conference
December 10, 2003
Electricity Market Restructuring in Illinois: What Next?
This workshop explores critical policy issues pertaining to post-transition electricity markets in Illinois, focusing on the critical linkage between wholesale and retail electricity markets.
Topics Include:
- Experience since 1997
- State of the wholesale market
- Vertical deintegration and grid reliability
- Regional planning issues
- Roadmap for structural and regulatory change
Agenda
8:30 am Welcome
8:35 am Experience in Illinois since the 1997 Restructuring Law
- Status of restructuring in Illinois
- Review of experience since 1997
- Assessing the benefits for retail customers
- Comparison of Illinois experience with that in other states
Moderator: *Commissioner Kevin Wright, Illinois Commerce Commission
10:00 am Morning Break
10:15 am Restructuring and the Wholesale Market
- State of the wholesale market in Illinois and the Midwest
- Where are prices headed after the transition?
- Ensuring adequate capacity
- Changes needed for improved functioning of the competitive wholesale market
Moderator: *Commissioner Lula Ford, Illinois Commerce Commission
- Speakers:
- Paul Jacob, Edison Mission Marketing and Trading
- Michael Smith, Constellation Power Source
- Mark Bennett, Electric Power Supply Association
11:30 pm Luncheon and Address– Report on Governor’s “Special Task Force on the Condition and Future of the Illinois Energy Infrastructure”
Speaker: *Lt. Governor Pat Quinn
1:00 pm State of Transmission in Illinois and the Midwest
- Post-transition transmission issues
- Has vertical deintegration jeopardized grid reliability?
- Coping with multiple RTOs
- Regional planning issues
Moderator: *Commissioner Mary Francis Squires, Illinois Commerce Commission
- Speakers:
- *Klaus Lambeck, Organization of MISO States
- David Whiteley, Ameren
- *Richard Mathias, PJM
2:15 pm Afternoon Break
2:30 pm Panel Discussion: Where Do We Go From Here?
- What do customers want? How can it be achieved?
- What will happen to core consumer prices?
- Designing default service
- Risk management issues
- Roadmap for structural, legislative and regulatory change
Moderator: *David G. Loomis, Institute for Regulatory Policy Studies
- Panelists:
- *Marty Cohen, CUB
- *Phil O’Connor, Constellation NewEnergy
- *Jim Monk, Illinois Energy Association
- *Eric Robertson, Illinois Industrial Energy Consumers
- *Boro Reljic, Illinois Manufacturers’ Association Michael Cornicelli, BOMA--Chicago
4:00 pm Close