ADVISORY/Experts Available to Discuss Expected Increase in Retail Electricity Prices.Business Editors ADVISORY... --(BUSINESS WIRE) TOPIC: The Energy Department estimated retail electricity prices will increase during the summer months by 3.5% compared to 2003, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an article by USATODAY.com. Experts suggest that June will be the most expensive month with prices dropping in Dropping in is a skateboarding trick with which a skateboarder can start skating a half-pipe by dropping into it from the coping instead of starting from the bottom and pumping gradually for more speed. July and August. The higher prices are a result of the expected 1.8% increase in the demand for electricity due to weather conditions. The Energy Department also stated the increased cost of oil and natural gas is contributing to the higher price of electricity. In addition to higher prices, the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. cautioned Californians of the possibility of blackouts in the region. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Jim Gagne is the Chief Communications Officer The chief communications officer or CCO is a job title for the head of communications, public relations and/or public affairs within an organization. Most typically, the CCO reports to the chief executive officer (CEO) of a corporate entity or president of an operating unit. for Wayne, PA-based Planalytics, which helps companies make more effective and profitable decisions by forecasting weather-driven changes in supply, demand and prices for products and services. Planalytics experts can comment on consumer motivation and behavior, forecasting consumer demand, retail sales trends, holiday sales, and the effect of weather on sales and the economy, natural gas demand and prices, and electric power demand. 610-407-2956 jg_gagne@yahoo.com Dr. Gregory Reed, Vice President/GM, Power Systems Division for Mitsubishi Electric Power Products, Inc. (MEPPI MEPPI Mitsubishi Electric Power Products, Inc. ), can intelligently and authoritatively discuss all energy transmission issues regarding power. Dr. Reed has been studying and developing solutions to blackouts, electricity grids and electricity generation and transmission for 17 years, and is a recognized, worldwide authority on the application of advanced power electronics and power systems technologies. He's responsible for the design, development, analysis and overall management of power electronics technologies (FACTS, HVDC HVDC High Voltage Direct Current , and Custom Power), information and control systems technologies, and power system engineering services for the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. power market. 724-778-5158 gregory.reed@meppi.com Zin Smati is chief executive officer and president of Tractebel Energy Services, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Tractebel North America Inc. (TNA TnA Total Nonstop Action (wrestling alliance) TNA The National Archives (UK) TNA Training Needs Analysis TNA Tamil National Alliance (Sri Lanka) ) that provides risk-managed energy and services in deregulated markets throughout the United States. Smati joined TNA as executive vice president, Strategy and Portfolio Management in August 2001. He assumed the role of CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Tractebel Energy Services in May 2002. As CEO, Smati is responsible for day-to-day operations and sales of the business as well as for providing the long-term strategic direction for growth and profitability. Smati successfully launched Tractebel Energy Services, which now serves more than 1400 accounts in five states. Smati joined TNA, headquartered in Houston, from Prudential Financial, where he served as vice president and senior electric utility analyst. Prior to that, he served as president and CEO of BP Amoco Global Power where he directed worldwide power development activities from Houston. He also has led worldwide power development activities as vice president for international power generation at ARCO Global Energy Ventures from Los Angeles, Calif. Prior to joining ARCO, he served as business development manager for National Power in London, where he directed the development of power projects in Europe and the Middle East. He was also centrally involved in the privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned of the United Kingdom electricity industry where he started his career. PR Contact: Cindy S. Suggs 713-636-1783 or 979-235-9371 (cell) csuggs@tractebelusa.com ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/. |
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