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M&I Bank Charter Steel Robert W. Baird Wisconsin Public Power, Inc. ... Participants' biographies. List of sponsors. Program agenda ... – PowerPoint PPT presentation

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Title: Welcome to


1
Welcome to
The Ninth Annual
(2006)
  • Eric Schenker, Ph.D.
  • Dean Professor Emeritus, UW-Milwaukee
  • Energy Consultant, Metropolitan Milwaukee
    Association of Commerce

2
Primary Purpose of Symposium
3
Thank You
  • Presenting Sponsor
  • Co-Sponsors
  • Alliant Energy American Transmission Company
    Deloitte Touche
  • Johnson Controls, Inc. The Endeavor Group We
    Energies Wisconsin Public Service
  • Contributing Sponsors
  • MI Bank Charter Steel Robert W. Baird
    Wisconsin Public Power, Inc.
  • African American Chamber of Commerce of Greater
    Milwaukee
  • Hispanic Chamber of Commerce of Wisconsin
  • University of Wisconsin-Milwaukee School of
    Business Xcel Energy
  • The Business Journal Serving Greater Milwaukee

4
MMAC Folder Contents
  • Copy of opening remarks
  • Participants biographies
  • List of sponsors
  • Program agenda
  • Energy Symposium proceedings, May 2005

5
Additional Information
  • MMAC Web site
  • www.mmac.org
  • The Business Journal Special Insert
  • Progressive Energy
  • May 12th Edition
  • Additional information available on tables
  • in back of room

6
Delay is Not an OptionWidespread Agreement
Difficult Choices are Still Ahead
Demand reached all-time high in 2005
Inadequate transmission lines
Supply will outstrip demand by 2010
Power plant fleet is aging
Growing use of technology
Electricity markets in transition
7
Electricity Markets in TransitionEconomic
Report of the President, February 2006
  • The electric power industry has gone
    through a transition over the past several
    decades, evolving from a highly regulated,
    monopolistic industry to a less regulated, more
    competitive industry. Traditionally, electric
    utilities owned and operated electricity-generatin
    g units, transmission lines, and distribution
    systems, and were the sole providers of
    electricity to a specific geographical area.
    Federal legislation and rule-making activities
    during the last decade, however, have opened up
    access to transmission lines and encouraged
    greater wholesale trade of electricity between
    generators and retailers. The market changes
    vary from state to state and are dynamic, with
    continual adjustments being made as problems
    emerge. Some states continue to operate under a
    traditional, integrated market structure, others
    are striving to encourage greater competition
    among generating companies, and some even have
    opened up competition between electricity
    retailers.

8
Challenges
Rising energy costs
Litigation atmosphere in Wisconsin
Energy efficiency programs Who pays?
Utility rates Supply demand
Clean power and environmental advantages
Pressure on the PSC
Rewarding efficiency
Effective management, liability, ownership and
economies of scale of nuclear plants
Recent electricity market policy reforms
9
Recent Electricity Market Policy Reforms
Economic Report of the President, February 2006
  • Provisions in the Energy Policy Act of 2005
    signed by the President promote competition and
    investment in transmission infrastructure by
    providing for reasonably priced access to
    transmission grids, while providing for the
    establishment of mandatory reliability rules for
    the electric system. In order to further reduce
    costs and increase reliability, the Act repealed
    the Public Utility Holding Company Act (PUHCA),
    which restricted the ability of regulated
    utilities to invest in electricity
    infrastructure, and amended the Public Utility
    Regulatory Policies Act (PURPA) to allow
    utilities greater flexibility to purchase
    wholesale electricity from producers with lower
    costs. The Energy Policy Act of 2005 improves
    market competition by promoting the dissemination
    of information about the availability and prices
    of wholesale electricity and transmission
    services. The Act also protects consumers by
    banning market manipulation, unauthorized
    disclosure of consumer information, and unfair
    trade practices, such as changing the electricity
    service providers chosen by consumers without
    their consent.

10
Progress 2005 2006
PSC approval of power plant and transmission line
construction
PSC and utilities planning for replacements
PSC focusing attention to efficiency
Efficiency incentives included in rate structure
Better understanding of Supply Demand and
rate of return
Utilities getting back to basics
New gas pipelines CONTEMPLATED
11
Program Agenda
755 a.m. Progress Update 2006 820 a.m. Rate
and Cost Trends Analysis Regulation and
Economic Development 900 a.m. Questions/Discuss
ion of Studies and Papers 1000 a.m. Looking at
what can be done to keep rates competitive and
reward efficiency 1115 a.m Energy Efficiency and
Conservation Understanding the Urgency
1215 p.m. Lunch and Symposium Summary 1245
p.m. Introduction of keynote speaker, Gov. Jim
Doyle
12
Report Card 2005
13
Introduction
  • Chairman Dan Ebert
  • Public Service Commission of Wisconsin
  • Progress Update 2006
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