ADVISORY/Power Regulations Approved for West.Business Editors ADVISORY... --(BUSINESS WIRE)--June 19, 2001 TOPIC: The Federal Energy Regulatory Commission yesterday voted to begin a price mitigation plan in 11 Western states through September 2002. According to a story by MSNBC, the plan -- similar to one in California -- takes effect tomorrow and will apply 24 hours a day. It allows regulators to monitor power prices in relation to the market, the story said. Companies will not be barred from selling power above a new price ceiling -- initially $107.95 per megawatt hour -- during non-emergency times, but they have to justify the prices to the commission, the story said. Prices will be held to a lower ceiling during emergencies, the story said. Experts in the story said that the plan appears to be a way for the government to address the Western power crisis without applying rigid price controls. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Michael Zenker has over 15 years' experience in the energy industry. He is an expert on wholesale electricity and natural gas markets in western North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Mr. Zenker has extensive experience with California's new electricity market and with power generation strategy and asset divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs). . He has assisted clients with retail marketing strategies and in procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
adj. Hydroelectric. n. pl. hy·dros 1. Hydroelectric power. 2. A hydroelectric power plant. , and power contract resources. He was also responsible for natural gas transportation and storage at Southern California Edison. Mr. Zenker holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration and a BS in Nuclear Engineering from the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). . PR: Cindy Shanley, Sommers & Associates 713/222-1600;cshanley@sommersassoc.com Lawrence J. Makovich manages research for CERA's Global Power Forum and CERA's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Power Service. He is an expert on electricity markets, regulation, economics, and strategy. He has done extensive analysis of power plant repowering, stranded assets, demand trends, and regional price scenarios and strategies. He also directs CERA's North American Electric Power Watch. Dr. Makovich advises clients on the changing dynamics of the North American Power business and has applied scenario planning Scenario planning or Scenario thinking is a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and generalization of classic methods used by military intelligence. to electric industry restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). . He has addressed numerous industry conferences and is the author of several reports and articles on the future of the electric power business. PR: Sommers & Associates 713/222-1600; cshanley@sommersassoc.com Prof. Arlon Tussing teaches economics at the University of Alaska. His expertise includes market analysis and forecasting regarding oil, gas, and electricity -- Tussing is one of the few analysts in North America who successfully anticipated the direction, dimensions, and timing of prices and restructuring in global oil markets and North American markets for natural-gas and electricity during the 1980s and 1990s. 206/275-0665 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration of Business Wire and The Round Table Group, 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/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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