Some ISO/RTOs have already incorporated many of the changes outlined in the historic order, while others will have to make significant changes to their cost allocation processes, such as including public policy transmission lines for the first time.
The commission was responding to many changes on the electric system with Order 1000. The need for wind farms and other renewable projects mandated by state policies to connect to distant load centers got most of the attention, but FERC had other goals in mind, too. The order came some 15 years after Order 888 that set up regional power markets built on old monopoly systems, which still could use more transmission to get the most efficient use of their supply resources. The industry’s attention has turned to complying with the first EPA regulations on power plants in many years, and FERC has said that Order 1000 will help comply with that public policy, too.
Some parties argued that FERC’s hands were tied by the courts and it would have to move away from its historic embrace of the postage-stamp allocation process, but the order allows ISO/RTOs to keep that in place. Still, many of the battles over who pays for transmission lines are still being fought now.
The more controversial inter-regional cost allocation and planning procedures compliance filings are not due until early next year, but the discussions surrounding those have already begun.
Some of what Restructuring Today's webinar will cover:
* What are the ISO/RTO key arguments?
* What are the thoughts of both sides of the thorny cost-allocation debate as the order becomes a reality?
* How do ISO/RTO transmission planning and cost allocation policies already comply with the order?
* What are some of the biggest changes coming down because of the order?
* What do several of the ISO/RTO compliance filings look like?
* Joseph Kelliher, VP for Federal Policy (former FERC Chair), NextEra Energy
* Bruce Edelston, Executive Director, Coalition for a Fair Transmission Policy
* Paul Suskie, Senior Vice President of Regulatory Policy and General Counsel, Southwest Power Pool
* Jesse Moser, Manager of Transmission Strategy, MISO
* MODERATOR: James Downing, Editor, Restructuring Today
Joseph Kelliher is executive vice president of federal regulatory affairs for NextEra Energy. The company's principal subsidiaries are NextEra Energy Resources and Florida Power & Light Company. In that role, Kelliher is responsible for managing regulatory issues for both companies before federal regulatory agencies. He served as chairman of the Federal Energy Regulatory Commission (FERC) from 2005 to 2009 where he managed 1,400 employees and a $260 million annual budget. Among the highlights of his chairmanship was efficient implementation of the Energy Policy Act of 2005, the largest expansion in FERC regulatory authority since the 1930s. Kelliher has worked on energy policy matters in different capacities for the federal government and private sector. Kelliher earned a Bachelor of Science degree from Georgetown University, School of Foreign Service and a Juris Doctor degree, magna cum laude from The American University Washington College of Law.
Bruce Edelston is president of the Energy Policy Group, a consulting firm he founded to provide technical and policy advice on current issues to utilities, law firms, energy companies and government agencies. He also serves as executive director of the Coalition for Fair Transmission Policy, a group of electric utilities formed to advocate for transmission planning and pricing policies that ensure cost-effective development of transmission and renewable resources. Prior to founding the Energy Policy Group, Edelston was director of energy policy for the Southern Company, one of the nation's largest investor-owned electric utilities. At Southern Company, Edelston had responsibilities for developing corporate policy positions on industry structure and environmental issues and responding to federal and state legislative and regulatory initiatives. Prior to his position at Southern Company, he held several positions at the Edison Electric Institute where he was involved in legislative and regulatory initiatives involving transmission access, industry structure, markets and state regulatory policy. He also has prior experience with Charles River Associates and the Westinghouse Electric Corporation. He holds a Bachelor of Science degree in engineering and public policy and a Master of Science degree in management and public policy from Carnegie Mellon University.
Paul Suskie is the senior vice president of regulatory policy and general counsel with Southwest Power Pool (SPP). He is responsible for managing the organization's legal and regulatory policy groups. Prior to joining SPP, Suskie was appointed by Governor Mike Beebe as chairman of the Arkansas Public Service Commission and a member of the Governor's cabinet. At the time of his appointment to the Commission, he was in his third elected term as North Little Rock's City Attorney. Prior to joining the City Attorney's office, Suskie worked for former United States Senator David Pryor and for Arkansas Attorney General Winston Bryant. He is a Lieutenant Colonel in the Arkansas Army National Guard's JAG Corp and is a veteran of both wars in Iraq and Afghanistan.
Jesse Moser is the manager of transmission strategy at MISO. In his current role, he leads the development and implementation of changes to the transmission planning tariff and business practices in support of changing energy policy. He also managed the development of the MISO's multi value project (MVP) transmission cost allocation methodology for large scale regional transmission projects. As the former manager of regulatory studies, his team was responsible for the calculation of the MISO's planning reserve margin requirement, performing seasonal resource assessments, providing technical support and expertise to state regulatory staff as well as a number of other planning initiatives. Moser also developed the reliability components of the MISO's resource adequacy requirements which were implemented in June of 2009. Moser has served on the NERC Reliability Assessment Subcommittee as well as reliability committees for ReliabilityFirst Corporation and the Midwest Reliability Organization. He holds a Bachelor of Science degree in electrical engineering from South Dakota State University.
Details about Restructuring Today's "Best Approach to Implementing Order 1000 in ISO/RTOs” webinar is available at http://www.restructuringtoday.com/
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