Monday, October 28, 2002

 

Daybreak coffee hosted by Sithe Energies, Inc.

 

8:00 a.m. Introductions by Safouh Soufi, SMS Energy Engineering, Conference Chairman

 

8:15 am Opening Keynote:

 

Dave Goulding, President and CEO of the Independent Electricity Market Operator

“What the IMO intends to do to increase competition”

 

 

9:00 am The state of the market: How is the baby doing so far?

The health of the market, from a variety of stakeholder perspectives including timely analysis on the prognosis for new investment, price competition, recommended changes, and the IMO’s Market Advisory Committee (MAC): Does the MAC have a different view on the appropriate time-frame for fundamental change than the predominant view in interconnected markets?

Moderator: George Vegh, Macleod Dixon

OPG (Ontario Power Generation): Ron Robinson, Vice President, Portfolio Management

Generator: Andrew Johnson, Vice President of Power Marketing, Bruce Power

EDA (Electricity Distributors Association): Charlie Macaluso

AMPCO (Association of Major Power Consumers in Ontario): David Goldsmith

Consumers Association of Canada: Julie Girvan

Canadian Energy Efficiency Alliance: Bruce Ander

 

 

10:15 am Coffee Break

 

Co-hosted by Access Capital and Northland Power

 

11:00 am Keynote: Floyd Laughren, Chair of the Ontario Energy Board

What the OEB intends to do to facilitate competition

 

 

11:15 am Maximizing competition: Reducing Barriers for new players

A.J. Goulding, London Economics, moderator

Joel Singer, Vice President, Regulatory Affairs, OPG: Status of decontrol

Rob McLeese, Access Capital: Decontrol analysis

Duane Cramer, Sithe Energies: Barriers to entry for new players such as IMO connection requirements, bypass, uniform pricing for transmission, market supply, regulatory uncertainty

Harry Chandler, Director, IMO Market Assessment and Compliance: The system for protection against abuse of market power and ensuring effective competition

 

Questions and Discussion

 

 

12 noon Lunch in the Trade Show

 

Hosted by Stikeman Elliott, LLP

 

 

1:30 pm New capacity and the Status of major projects

 

Keynote: Ron Osborne, President and CEO, OPG

Major capacity changes including OPG’s latest estimate of when Pickering A is coming back on line

 

Panellist presentations:

Paul Eastman, TransAlta Energy Corp., The Sarnia project

Frank Bajc, ATCO, The Brighton Beach project

David McFadden, Gowlings, incorporating the practice of Smith Lyons, moderator

 

Keynote: Duncan Hawthorne, CEO, Bruce Power

The return to service of Bruce A

 

 

2:30 p.m. Coffee Break in the Trade Show

 

Hosted by AMEC

 

 

3:00 p.m. Maximizing Competition with Market Enhancements

Co-ordination of reliability and business practice standards: Mark Bennett, EPSA (Electric Power Supply Association)

Rule Alignment With Our Neighbours: Peter Sergejewich, IMO

Day Ahead Commitment Market: Keith Rawson, TransCanada Power

Resource Adequacy: TBA, capacity market

Locational Marginal Pricing: Peter Fuller, Mirant

Long-term contracting within SSS: TBA

Moderator: Tom Brett, Gowlings, incorporating the practice of Smith Lyons

 

 

Hot Button Issues

(Special moderated discussion, time permitting)

 

4:30 p.m. IPPSO AGM (Annual General Meeting of the members)

 

5:00 p.m. Reception in the Trade Show

 

Hosted by Torys LLP

 

6:00 p.m. Banquet dinner

 

Hon. John Baird, Minister of Energy

 

Guest of honour and Keynote Speaker

 

Hosted by Borden Ladner Gervais, LLP

 

Electricity Competition Award

Hedley Palmer Award

 

 

 

Tuesday, October 29, 2002

 

Daybreak coffee

Hosted by McCarthy Tetrault

 

8:30 am Stakeholder roles within the IMO

The IMO’s current process for incorporating stakeholder input into policies and procedures

Report on a year of stakeholder input to the IMO, and likely areas for further development, including the IMO’s Market Advisory Committee and its standing committees.

- Don Gibson, McCarthy Tetrault, moderator

- Derek Cowbourne, Vice President of Market Services, IMO

- Barry Chuddy, Emera Energy and IMO Board

- Lauri Gregg, Falconbridge and AMPCO

 

 

9:30 am Emissions Trading: Determining the value

How is the emission trading regulation working, and proposals for improvement.

 

- Terry Stopps, Ontario Ministry of Environment and Energy

- Elisabeth (Lisa) DeMarco, Macleod Dixon LLP

- Jim Mulvale, Northland Power

- Helen Howes, Ontario Power Generation, on OPG’s GHG credit purchase

 

 

Simultaneous stream:

 

9:30 am Contract design: What are the alternative ways to buy electricity?

The market is only as good as the commercial contracts that are negotiated within it. Buyers and sellers have a lot of territory to cover in a short period of time to develop contracts that are suited to the new market - before their competitors lock up the same potential partners. In fact, the ability to develop contract structures which effectively allocate risk and reward, and which take advantage of newly developed risk management tools, will be crucial in arriving at successful outcomes, not just for individual players, but for the market as a whole. Panellists will examine such questions as:

- Contract structures

- Forms of risk management

- Allocation of risk

- RFP or RFQ process

- Physical vs. financial

- Derivatives and co-approvals

- Risk management and volatility insurance

- Bilateral relations

- Power quality

 

Peter Smith, Miller Thomson, moderator

Ananth Seshan, Larsen & Toubro: Spot price projection tools

Tony Zaremba, Direct Energy

George Vegh, Macleod Dixon: “Limits to contracting around risk management”

Mike McGee, Energy Profiles Ltd., IMO Technical Panel, BOMA

Tom Brett, Gowlings

Linda Bertoldi, Borden Ladner Gervais LLP

Andrew C. Vallas, Sempra Energy Trading (Canada) Limited

 

 

10:15 am Coffee Break

 

Co-hosted by Navigant Consulting Ltd. and Toromont

 

11:00 am Distributed Generation interconnection requirements

- Rebecca Rice, Capstone Turbine “Economic rationale, incorporation into existing configurations, reliability and interconnection”

- Mitch Rothman, Navigant Consulting Inc.

- Ron Collins, Enbridge Gas Distribution Inc.

- Jan Buijk, GE Distributed Power

 

(Contract workshop continues simultaneously)

 

12 noon Lunch in the Trade Show

 

Hosted by Power Budd LLP

 

 

1:30 pm Keynote Speech: Rod Taylor, Executive Vice President, Planning and Development, Hydro One Inc.

Maximizing Competition: How to increase efficiency in the transmission system

 

1:45 pm Panel discussion on signals for capital investment / systems for assessing performance

Amir Shalaby, IMO, the Independent Electricity Market Operator

Robert van Beers, IBM Business Consulting Services, “Transition from utility to competitive business - changes in technology, regulation and investment/business models ”

Charles Keizer, Power Budd

 

 

2:45 Coffee break

Hosted by Vestas - Canadian Wind Technologies Inc.

 

 

3:15 Keynote Speech: Steven M. Rothstein, Managing Director, Constellation NewEnergy, Inc.

"The secret of our success: How Constellation NewEnergy made history in commercial power contracting."

Discussion may also touch on such issues as
- Building effective regional markets in the context of the Standard Market Design
- What Ontario will need to do to make the most of the opportunities presented by the changing market standards.

 

 

3:30 Hot Button Issues

Further discussion of issues raised by participants throughout the preceding day

 

 

4:30 p.m. Conclusion

 

 

Banquet Sponsor: Borden Ladner Gervais LLP

Platinum Sponsor: Macleod Dixon LLP

Gold Sponsor: Gowlings, incorporating the practice of Smith Lyons

Silver Sponsor: London Economics and Probyn & Company Inc.

Bronze Sponsor: Miller Thomson LLP