Performance-Based  Ratemaking Conference
December  5-7, 2001, Denver, CO
OVERVIEW
 

Performance  Based Ratemaking (PBR) is emerging as a key element of the restructuring of the  electric utility industry. For PBR to be effective it must be designed carefully  and uniquely for each utility so as to align the interests of the utility, the  shareholders and the customers and also to make sure that PBR is successful in  achieving efficiency and service quality.
 
EUCI  has put together a covey of expert speakers to review and address the latest PBR  developments and applications.  Join  us in Denver and get the latest state-of-the-art information and insights you  will need to develop an effective PBR strategy for your  company.
 
The website links for the Workshop and Conference are  provided below:
Performance-Based Ratemaking: Theory  and Applications Workshop, Dec. 5, 2001, Denver, COhttp://www.euci.com/wrkshpoverview.asp?ConfID=9&WrkshpID=4 
Performance-Based  Ratemaking Conference, Dec. 6-7, 2001, Denver, COhttp://www.euci.com/confoverview.asp?ConfID=9 
 

Electric  Power Market Performance Conference
December  12-14, 2001, Denver, CO
OVERVIEW
 

Each  year there is additional opportunity to draw lessons regarding electricity  market structure and design from actual market performance. These lessons are  leading to a convergence in market design, at least in the Eastern  Interconnection and ERCOT. One focus of this conference will be on the lessons  to be drawn from the experience of the new ERCOT markets, the continuing market  design problems in California, and the difficulties in developing and  implementing a market based congestion management system in the  midwest.
 
A  second focus of this conference will be on the existing markets in PJM and New  York, which have now moved beyond managing their internal markets and are being  pushed by market participants and regulatory agencies to better address  inter-RTO coordination and develop market based incentive systems for  transmission expansion.
 
Finally, the conference will highlight one of the  important, but little noticed successes of the Eastern ISOs, which is the  explosive growth in the PJM and New York financial rights auctions.
 
The website links for this conference and associated  workshop are provided below:
Power Market Design Workshop, Dec.  12, 2001, Denver, COhttp://www.euci.com/wrkshpoverview.asp?ConfID=12&WrkshpID=7 
 
Electric  Power Market Performance Conference, Dec. 13-14, 2001, Denver,  COhttp://www.euci.com/confoverview.asp?ConfID=12 

 
 Electric Risk Management 101 Workshop  
And
Portfolio  Optimization for Electric Utilities Conference
January  22-25, 2001, New York City, NY
OVERVIEW
 

In the current environment of  volatile energy prices and deregulation, it has become increasingly more  important for the electricity industry to learn how to manage price risk. EUCI  presents two events formatted for the beginner to the expert in price risk  management. The first Workshop is designed for the beginner with no prior  experience in risk management and introduces the basic vocabulary and concepts  in a concise and easily understandable format which forms the foundation for the  more advanced concepts applied in the second event (Conference).
 
The website links for these events are provided  below:
Electricity  Risk Management 101 Workshop, Jan. 22-23, 2002, New York City,  NYhttp://www.euci.com/wrkshpoverview.asp?ConfID=13&WrkshpID=8 
Portfolio  Optimization for Electric Utilities Conference, Jan. 24-25, 2002, New York City,  NYhttp://www.euci.com/confoverview.asp?ConfID=13 
 

Transmission  Expansion and Systems in Transition Conference
Feb.  6-7, 2002, Miami, Florida
OVERVIEW

This conference will examine the  business and regulatory challenges to U.S. electric systems in transition in  effectively expanding transmission capacity to meet new demands in the larger  and more competitive regional markets emerging under FERC's RTO  initiatives.  The conference will  review the parameters of these challenges and possible solutions to them.  It will examine technology options and  new business models for transmission expansion.  It will analyze emerging proposals for  effective transmission planning and pricing, including market-based pricing  alternatives to FERC's traditional pricing methods. The conference will also  discuss what it will take in legislative action and regulatory initiative to  achieve an efficient regime for ensuring that the nation has a reliable grid and  regional trading system.
 
The website links for the Conference and associated  Workshops are provided below:
Transmission Expansion and Systems in  Transition, Feb. 6-7, 2002, Miami, Floridahttp://www.euci.com/confoverview.asp?ConfID=14 
Lessons from Transmission Pricing in  Competitive Systems Around the World, Feb. 5, 2002, Miami,  FLhttp://www.euci.com/wrkshpoverview.asp?ConfID=14&WrkshpID=9 
Market-Based Transmission Expansion  Workshop, Feb. 8, 2002, Miami, FLhttp://www.euci.com/wrkshpoverview.asp?ConfID=14&WrkshpID=10 
 
We have updated our website to include new conference  proceedings on recently-held "Performance Management for Electric Distribution  Companies", "Ancillary Services Conference", "Power Generation Asset  Management", and "Power T&D Asset Management" conferences. Please visit www.euci.com  and review the conference  proceedings section.
 
Kindly  forward this announcement to your colleagues who might benefit from attending  these events.
 
Best  Regards,
L.  Mrig
Electric  Utility Consultants, Inc. (EUCI)
5555  Preserve Drive
Greenwood  Village CO 80121
Tel:  303-770-8800
Fax:  303-741-0849lmrig@euci.com