
Past Events - 2001-
Baltics Working Group
Study Tour -- The Regulator?s Role in Regional Electricity Markets
June 2-9, 2001
Sponsored by: US Agency for International Development (USAID) and National Association of Regulatory Utility Commissioners (NARUC)
Study Tour Visit to PA, NJ and Washington, D.C. Seven participants from the Baltics (Estonia, Latvia and Lithuania) came to the U.S. on a Study Tour program from June 2-9 to learn about regional electricity markets. The participants represented energy regulatory authorities and Transmission System Operators. Participants visited the New Jersey Board of Public Utilities, the Pennsylvania-New Jersey-Maryland (PJM) Interconnection LLC, the North American Electric Reliability Council (NERC), the Federal Energy Regulatory Commission (FERC) and the World Bank. Participants met with commissioners and staff members to discuss a variety of topics such as: the evolving role of the regulator, the relationship/coordination of state regulatory commissions in regional markets, the interface between reliability and competitive markets and the California power crisis. In addition, a discussion was held with the U.S. Agency for International Development (USAID) on the status of the Common Baltic Electricity Market.
Pennsylvania, New Jersey, Washington, DC, U.S.A 09:00 New Jersey Board of Public Utilities Mission Statement: To ensure the provision of safe, adequate and proper utility and regulated service at reasonable rates, while effectively managing the transition from protected monopoly franchise markets to competitive markets for the betterment of ratepayers. 09:30 Welcome Remarks and Introduction Hon. Carol Murphy, Acting President 09:45 Introduction to NJ BPU (Organization, Structure, Functions) Hon. Frederick F. Butler, Commissioner 10:30 Break 10:45 Status and Development of Competition in the US and NJ Mr. Frank Perrotti, Director of Energy 12:00 Lunch 13:30 Electric Reliability in a Competitive Market: Distribution Company Issues at the State Level 14:00 Customer Relations 14:30 Relationship/Coordination of State Regulatory Commissions in Regional Markets 15:00 California Update 15:45 Break 16:00 Role of Regulator in Grid Tariffs 17:00 Meetings Conclude Tuesday, June 5, 2001 09:00 Pennsylvania-New Jersey-Maryland (PJM) Interconnection, LLC PJM Interconnection, LLC is responsible for the day-to-day operation of the largest centrally dispatched electric system in North America. Its foremost responsibility is the safe and reliable operation of the transmission system and ensuring the reliable supply of energy from generating resources to wholesale customers. In addition, it operates the competitive wholesale energy market for the region and facilitates open access to transmission. With over 170 members including every segment of the electric power industry, its market has become one of the most liquid and active energy markets in the United States.
12:00 PJM (discussion continued over lunch)
Wednesday, June 6 11:00 North American Electric Reliability Council (NERC) Since its formation in 1968, NERC has operated as a voluntary organization to promote the reliability of the interconnected electric system in North America. In response to industry changes, NERC is in the process of transforming itself into NAERO - the North American Electric Reliability Organization. NAERO's mission will be to develop, promote, and enforce standards for a reliable North American bulk electric system. Introduction to NERC (overall structure of NERC)
14:00 Meeting concludes Thursday, June 7 08:30 The World Bank Founded in 1944, the World Bank Group consists of five closely associated institutions. Their mission is to fight poverty for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity, and forging partnerships in the public and private sectors. 09:00 Status of Implementation of the European Union Directive 96/92 and the Proposals for Changes 10:00 Break 10:30 "The California Power Crisis" (Focusing on impact on World Bank client countries) 11:30 Question & Answer Session 12:00 Lunch 13:00 Lessons Learned from Recent Privatization Efforts 14:00 The Evolving Role of the Regulator 15:00 Break 15:30 Implications for the Baltics 16:30 Meetings conclude Friday, June 8 09:30 Federal Energy Regulatory Commission (FERC) FERC is an independent regulatory agency within the Department of Energy that regulates the transmission and sale for resale of natural gas in interstate commerce, regulates the transmission of oil by pipeline in interstate commerce, regulates the transmission and wholesale sales of electricity in interstate commerce, licenses and inspects private, municipal and state hydroelectric projects, oversees related environmental matters and administers accounting and financial reporting regulations and conducts of jurisdictional companies. Mr. Roland Wentworth, Economist, Office of the Chief Economist
12:00 United States Agency for International Development (USAID) USAID has been the principal U.S. agency to extend assistance to countries recovering from disaster, trying to escape poverty, and engaging in democratic reforms. USAID is an independent federal government agency that receives overall foreign policy guidance from the Secrretary of State. The agency works in areas crucial to achieving both sustainable development and advancing U.S. foreign policy objectives.
13:30 Welcome Remarks and Introduction Mr. Charles Gray, Executive Director, NARUC 15:00 Meetings conclude
Estonia Eesti Energia AS National Grid Latvia Latvenergo High Voltage Network Lithuania Lietuvos Energija United States US Agency for International Development
New Jersey
NERC
FERC Roland W. Wentworth (MS Power Point/ 81 Kb/ 21 slides)The World Bank ert E. Anderson, The World Bank (MS Power Point/ 58 Kb/17 slides)Completing the Internal Energy Market in Europe, Presentation Given by the EU Commission to EU Accession Country Representatives at an EU/World Bank Workshop in Prague April 26-27, 2001 (MS Power Point/ 470 Kb/25 slides) Common Baltic Market: Challenges, Gary Stuggins, The World Bank (MS Power Point/ 31 Kb/10 slides) The California Power Crisis, John E. Besant-Jones, The World Bank (MS Power Point/ 778 Kb/24 slides) |