SOURCE: UT CLEE

April 21, 2008 18:02 ET

The University of Texas Presents ERCOT Energized: A One-Day Symposium Covering the Good, the Bad, and the Ugly of the New Texas Nodal Market Design

Event Features Four Noted Electricity Experts Dr. William H. Hogan, Harvard University, Dr. Shmuel Oren, University of California, Dr. Hugh Outhred, University of New South Wales, Dr. Ross Baldick, University of Texas; Promises Thorough Review of ERCOT

AUSTIN, TX--(Marketwire - April 21, 2008) - The University of Texas today announced the ERCOT Energized Symposium, a day long event focused on the Electric Reliability Council of Texas (ERCOT) and the transition of the Texas electric market to a nodal market design. The symposium will be held on May 2, 2008, at the J. J. Pickle Research Campus Commons Conference Center. Featuring many distinguished speakers including Dr. William H. Hogan from Harvard University, Dr. Shmuel Oren of the University of California at Berkeley, and Dr. Hugh Outhred of the University of New South Wales, Australia, this event is intended to address a variety of changes Texas faces and is open to everyone interested in the ERCOT market.

This timely event will discuss how market players can prepare for the changes, the implications of the transition, future changes which will occur (beyond 2009), as well as provide a better understanding of managing the risks surrounding the changeover.

"Our goal for this event was to assemble academia, industry, and policy thought leaders to better analyze the benefits and repercussions resulting from the Texas electric market transition to a new model," commented Dr. Ross Baldick, Convenor, The University of Texas at Austin. "We believe no other event will summon the same level of experience to provide a thorough examination of all the issues."

Symposium planners have incorporated presentations and panels to provide an unbiased review of the ERCOT design and a review of the similarities and differences between existing restructured markets in the U.S. and Australia. Presentations will also review how the nodal market design will affect generation development decisions for investment in ERCOT, including renewables.

"We are proud to host the ERCOT Energized Symposium and offer a forum to evaluate the move to a nodal market design," said Cath Polito, Executive Director of the Cockrell School of Engineering's Center for Lifelong Engineering Education at The University of Texas at Austin. "We believe both participants and attendees will gain a firm grasp of the issues that will impact them as we move closer to 2009."

Symposium sponsors include Exelon, NRG, PSEG, Public Service Enterprise Group, Shell Energy North America and TCPA, (Texas Competitive Power Advocates).

Registration

To register, visit http://lifelong.engr.utexas.edu/ercot/index.cfm. Event registration fees are $100 USD for the general public and $75 USD for ERCOT and PUC employees. To inquire about group discounts, email tdobbs@mail.utexas.edu.

About CLEE

The Center for Lifelong Engineering Education (CLEE) is an innovative leader in the training and professional development industry. For over 30 years, CLEE's commitment has remained simple: to provide training that makes a profound difference in people's lives and work. With more than 150 programs worldwide offered across multi-disciplines, CLEE acts as an information bridge for the top ranked Cockrell School of Engineering to bring to individuals, organizations, and industry the best the School has to offer: cutting-edge research, solid academic reputation, industry expert support, and extensive faculty experience. The end result is relevant, diverse education opportunities that transform lives. CLEE's services include public classroom training, conferences, eTraining, on-site courses, and customizable training. For more information, please visit http://www.UTclee.org.

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