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Title: FERC's Soft Price Caps: What Do They Mean? 
URL: 
http://www20.cera.com/client/knowledgearea/report/0,1448,CID1696_KID9_TYPRPT,0
0.html 
or 
http://www20.cera.com/client/knowledgearea/report/0,1448,CID1696_KID2_TYPRPT,0
0.html 

TOPIC: FERC'S PRICE CAPS: WHAT DO THEY MEAN? 

* Objectives and methodology outlined by FERC in these orders 

* Implications of this form of price cap on competitive power markets 

* FERC's application of other price cap methodologies in other regions 

FORMAT 
Our speakers will address this topic for 30 minutes, with accompanying 
graphics 
presented on the Internet, followed by an open question and answer period. 

SPEAKERS 
John Athas, CERA Associate Director, North American Electric Power 
Mike Zenker, CERA Director, Western Energy 

TIME 
4:00 P.M. Eastern, Tuesday, April 10, 2001 

ELIGIBILITY 
Clients eligible to participate in this conference call are those who 
subscribe 
to the CERA North American Electric Power Retainer Advisory Service or the 
Western Energy Retainer Advisory Service. 

TO ENROLL 
To enroll, please send a fax to Kari Paakaula at (617) 497-0423 or send an 
e-mail to kpaakaula@cera.com before 4:00 P.M., Monday, April 9, 2001. Please 
include your name, company, and telephone number with your correspondence. 

TO PARTICIPATE 
To participate in the audio portion of the call, please call in on one of the 
following numbers approximately 10-15 minutes before the call: 

Within the United States: 1-800-946-0713 
Outside the United States: (719) 457-2642 
Confirmation code: 713248 
Title of the call: CERA Power Call 

To participate in the Internet portion of the call (audio is by telephone), 
log 
on to the Internet approximately 15-30 minutes before the presentation to 
ensure technological compatibility. 

1. Point your browser to http://www.placeware.com/cc/visioncastconferencing 
2. Enter the following information, then click "Attend": 
* Your Name 
* Meeting ID: w713248 
* Meeting Key: 713838 
3. Access audio for the meeting using the audio information above. 

SYSTEM REQUIREMENTS AND SUGGESTIONS 
* Internet connection not reliant on the phone line you will use for the 
call. 
* A Java-enabled browser, such as Microsoft Internet Explorer 3.02 or higher; 
Netscape Navigator 3.02 or higher; or Sun Hot JAVA(tm) 
* Close all desktop applications and disable your screen saver 

To ensure computer compatibility, complete the Internet instructions before 
the 
day of the call. A message will appear telling you that your meeting is not 
ready to start. However, it also informs you about any action that you may 
need 
to take to prepare your computer to participate. 

TECHNICAL ASSISTANCE 
If you experience difficulties during the call, you may signal for technical 
assistance by pressing *0 (star, zero) on your telephone keypad, once 
connected 
to the audio portion of the conference. 

For more information, please contact Kari Paakaula via e-mail at 
kpaakaula@cera.com or via telephone at (617) 441-1362. 

A recording of this call will be available until May 10, 2001. To access this 
recording, please call 1-888-203-1112 (within the United States) or 
719) 457-0820 (outside the United States). Please use confirmation number 
713248 to access the call. 

**end** 

E-mail Category: Conference Call Notification????????????????????? 
CERA Knowledge Area(s): North American Power, Western Energy, 

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Copyright 2001. Cambridge Energy Research Associates