November 1998 Conference
November 19, 1998
The Future of Competitive Power Markets in Illinois
This workshop addresses pertinent issues and concerns surrounding the implementation of electricity industry restructuring in Illinois. It provides an analysis of wholesale power markets in the Midwest as well as an assessment of the restructuring process in Illinois.
Topics Include:
- Outlook and prospects for Midwest wholesale power markets
- Lessons learned from the Summer of 1998
- Managing risk in Midwest power markets
- Update on the Chicago Board of Trade futures contract
- Midwest ISO developments
- Regional reliability issues
- Status report on the restructuring process in Illinois
Agenda
7:30 Registration and Continental Breakfast
8:30 Welcome and Opening Remarks
8:35 Keynote Address: Charles E. Bayless, Chairman, President and CEO, Illinova
9:00 Outlook for Midwest Power Markets
- Lessons learned from the Summer of 1998
- FERC's investigation of Midwest power prices
- Effects of transmission constraints
- Outlook for generation supply in the Midwest
- Market-based pricing in a retail direct access environment
Moderator: Hon. Ruth K. Kretschmer, Commissioner, Illinois Commerce Commission
- Speakers:
- Bill Meroney, Office of Economic Policy, FERC
- Judah L. Rose, Vice President and Director, Wholesale Power Consulting, ICF Kaiser International
- Dean Akey, Aquila Energy
10:15 Break
10:30 Outlook for Midwest Power Markets, Continued
- Managing risk in Midwest power markets
- Update on the Chicago Board of Trade futures contract
Moderator: Hon. Brent Bohlen, Commissioner, Illinois Commerce Commission
- Speakers:
- Eric Meier, Advisory Economist, Chicago Board of Trade
- Peter Frantz, Commonwealth Edison
11:30 Luncheon
1:00 Transmission Issues and the Midwest Power Market
- Midwest ISO developments
- Institutional evolution: ISOs vs. Transcos
- Regional reliability issues
- Transmission line loading relief protocols
- Provision and pricing of ancillary services
Moderator: Hon. Richard L. Mathias, Chairman, Illinois Commerce Commission
- Speakers:
- Eric Hirst, Corporate Fellow, Oak Ridge National Laboratory
- Harry L. Terhune, Assistant Executive Director, MAIN
- John Procario, Chairman, Midwest ISO
2:30 Afternoon Break
2:45 Status Report on Restructuring in Illinois and Surrounding States
- Status report on the restructuring process in Illinois
- Design of the customer lottery
- ARES certification
- Restructuring activity in surrounding states
Moderator: Hon. Terry S. Harvill, Commissioner, Illinois Commerce Commission
- Speakers:
- Jim Monk, President, Illinois Energy Association
- Charles Fisher, Executive Director, Illinois Commerce Commission
- Philip O'Connor, New Energy Ventures
4:00 Close