pserc denver meeting vince pserc meeting lance went interesting boring pserc 11 school members 30 industry members research program consists three stems markets transmission distribution systems enron interests probably lie mainly first stem morning first day researchers universities presented project proposals found quite interesting example shmuel oren fernando alvarado tim mount cornell propose study market redesign incorporating lessons learned actual experiences enhancing market design shijie deng oren et al propose study power asset valuation model market based reliability constrained electric power system first got funded second afternoon industry academic separated discussion went academic discussion lance industry one hope presence make things worse discussion revealed lot organizational chaos confusion proposal screen process got lot heat participants proposal process goes follows researchers first write short proposal appropriate stem committee industry participantion seems committee ranks proposal selects top 3 4 selected proposals expanded present industry industry gets vote proposals get funded however researchers unhappy initial ranking selection process accusation self ranking communication stem committee member schools breaking even asking sort assurance project funded even wrting arguement waste time write proposals found quite amusing found process taken seriously enough university researchers pserc established 5 years still proper proposal screen process hard believe also communication among university researchers stem committee member schools importantly researchers industry smooth since proposals voted 30 industry members right projects may get funded many participants also make decision process indecisive quite painful watch lance comment better also wanted spread fund among schools made voting less authoritive believe enron get much returns join pserc price tag 40 000 per company per year find projects interesting sponsor schools form summer interns schools claim fund goes support students anyway alex