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Understanding FERC's Role and How it Impacts Rapidly Changing Wholesale Power Markets Across the U.S.	 
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FERC 101/102: Changing Wholesale Power Markets
March 4-5, 2002 Chicago, IL

Click Here to Download a Complete Conference Brochure <http://www.pmaconference.com/fercmarkets_pma.pdf>Click Here To Register On-Line <http://www.energybusinesswatch.com/subscribe/Conf_form.rb>	 
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This popular program has been up-dated to include in-depth, up-to-the-minute coverage of major federal initiatives that could transform the power industry in coming months. By attending this seminar, you can help assure that you and your team have the most accurate and timely information available during a period of rapid and far-reaching change.	 
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Over the past four months, this program has been attended by over 150 representatives of major financial institutions (such as JP Morgan Chase, Goldman Sachs and UBS Warburg), major power producers and utilities (including Alliant, APS, Calpine, CMS, Duke Energy, Edison Mission Energy, Excel, LG&E, PacifiCorp, PG&E, Southern Company and TXU), other major energy companies and energy users (such as Amerada Hess, Conoco, Eastman Chemical and Intel), the Department of Energy, TVA and Bonneville Power, the New York ISO and major national law firms (such as Kirkland & Ellis and Paul, Weiss).  

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Many participants rate the program as among the most valuable they have ever attended. Space remaining for the Chicago program is limited. To avoid being shut out, register today!

  <http://www.pmaconference.com/imagesemail/id000045/id00005.gif>RC Electricity Course 101 provides a comprehensive overview of FERC for those seeking to be refreshed on what the Agency does and how it affects wholesale power markets. It also examines how FERC's role is changing under Pat Wood (the new Chairman) and provides an in-depth view of what to expect next as a result of the Enron bankruptcy, pending federal legislation and FERC's new test for assessing market power. Topics include: 

FERC's Historical Role and why it is rapidly changing.
Key Differences between Electricity Markets and Natural Gas
PUHCA, QF's, Power Marketers, IPP's and the Energy Policy Act of 1992
FERC's Open Access Requirements
Potential Sweeping Impact of FERC's New Initiative to revoke authority to sell power at market-based rates

FERC Electricity Course 102 examines in-depth the critical federal issues that are likely to be addressed in the next 90 days, with far reaching potential impacts on the industry. Topics include: 

Likelihood of new federal legislation / potential impacts on the industry
FERC's new Supply Margin Assessment (SMA) test and the risk that market-based rate authority will be revoked
Likely changes in FERC's enforcement policy
The California Crisis - A Case Study of What Went Wrong
The ISO and RTO Initiatives and the Commission1s new interconnection rulemaking
How Transmission Pricing Reshapes Power Markets
Price volatility and the Fundamental Drivers of Wholesale Markets
The Emerging New Digital Paradigm for the Industry

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Includes Special In-Depth Analysis of Pending Federal Legislation, Causes and Consequences of the Enron Meltdown  and the Potential Impact of FERC1s Decision to Revoke Authority to Sell Power at Market-Based Rates

Attend and learn about FERC, the California Crisis, market power and steps Congress and FERC under Pat Wood are likely to take to reshape the power industry in coming months. 
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Click Here to Download a Complete Conference BrochureClick Here To Register On-Line <http://www.energybusinesswatch.com/subscribe/Conf_form.rb>	 
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This pair of FERC courses is presented by Andy Weissman, Publisher of Energy Business Watch and Chairman of Energy Ventures Group, Energy Business Watch's parent company Andy is a well-known expert on electric utility industry restructuring, with over 25 year's experience as a partner in major law firms practicing before the FERC and state regulatory commissions throughout the United States. He has advised over 40 major investor-owned electric utilities, independent power producers, natural gas suppliers and power marketers on all aspects of FERC practice and procedure and helped FERC to formulate new policy for the industry. 

In recent years, he has been a leader nationally in bringing innovative new technologies to the power industry helping to launch companies now backed by several of the largest players in the industry. Earlier in his career, Andy helped to pioneer the market for buying and selling emission rights under the Clean Air Act, structuring numerous precedent-setting deals. He has presented the FERC 101 & 102 program on 19 prior occasions at locations across the U.S. 
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Energy Business Watch is a new daily news service linking the worlds of Washington, Houston and New York and points in between with intelligence and analysis that goes beyond the headlines, by some of the most experienced reporters covering energy today.	 
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Click Here to Download a Complete Conference Brochure <http://www.pmaconference.com/fercmarkets_pma.pdf>Click Here To Register On-Line <http://www.energybusinesswatch.com/subscribe/Conf_form.rb>	 
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