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AGENDA
American Public Power Association
Assessing Restructured Electricity Markets
An APPA Symposium
Washington Marriott Hotel, 1221 22nd Street NW, Washington, D.C.
February 5, 2007 |
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| 7:30-8:30 a.m. |
Continental Breakfast and Registration |
| 8:30-9 a.m. |
Welcome
Alan H. Richardson, President & CEO, American Public Power Association
Introduction
Lester Lave, Professor of Economics; Engineering and Public Policy, Carnegie Mellon University |
| 9-9:45 a.m. |
The Flaws in the Primary Methodologies Used to Assess Electricity Restructuring
John Kwoka, Professor of Economics, Northeastern University |
| 9:45-10:15 a.m. |
Increasing Electricity Prices: Are Fuel Costs the Only Explanation?
Kenneth Rose, Senior Fellow, Institute of Public Utilities,
Michigan State University |
| 10:15-10:45 a.m. |
Break |
| 10:45-11:30 a.m. |
Who are the Winners and Losers in Today’s Restructured Markets?
Edward Bodmer, Independent Consultant |
| 11:30 a.m.-12:15 p.m. |
The Costs of Participating in Restructured Wholesale Markets
William M. Bateman, Project Manager,and Robert C. Smith, Vice President,
GDS Associates |
| 12:15-1:15 p.m. |
Lunch and Keynote Speaker
William G. Shepherd, Emeritus Professor of Economics, the University of Massachusetts at Amherst |
| 1:15-2 p.m. |
Market Operations, Market Power and Value for Consumers in LMP-Based Electricity Markets
Ezra Hausman and Robert Fagan, Senior Associates, Synapse Energy Economics |
| 2-2:30 p.m. |
Will Markets Maintain System Adequacy?
Tim Mount, Professor of Economics, Cornell University |
| 2: 30-3:00 p.m. |
Break |
| 3:00-3:45 p.m. |
How Do Prices in the PJM Market Compare to Suppliers’ Marginal Costs?
A.J. Goulding, President, and Serkan Bahceci, Consultant,
London Economics International |
| 3:45-4:30 p.m. |
Final Questions/Next Steps, Lester Lave
Closing Remarks, Alan H. Richardson |
| 4:30-6 p.m. |
Reception |
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