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October 22, 2012
Brattle Economists Judy Chang and Hannes Pfeifenberger to Serve as Panelists at Transmission Summit West

Brattle principals Judy Chang and Hannes Pfeifenberger have been invited to participate at the 4th Annual Transmission Summit West 2012, taking place October 22- 24, 2012 in San Diego, CA. They will both serve as panelists on the first day of the three-day program, at the Transmission Executive Forum West. The Forum, “Meeting Public Policy Objectives through Transmission Investment,” will provide a high level review of the implementation of policies and initiatives driving the transmission sector to enable renewable energy and other policy goals. Leading transmission executives and regulators will detail efforts underway on regional transmission planning, connecting regional transmission with California, benefits determination and cost recovery for transmission projects. They will also address how these regional efforts impact the investment strategies of transmission owners/operators as well as the new opportunities that will be created by these policies and regional efforts. Ms. Chang will present during the panel discussion “Challenge of Variable Energy Resources Integration in the West.” She will discuss how Variable Energy Resources (VERs) impact grid generation and load balance by placing increased demands on reserves and other ancillary services. With the other panelists, she will address how transmission ancillary services deficiencies are being addressed as well as what the impacts on project interconnection planning and system upgrades are. Mr. Pfeifenberger will serve as a panelist during the discussion on “Benefits Determination and Cost Allocation.” Mr. Pfeifenberger will discuss why FERC Order No. 1000, which requires that costs be allocated roughly commensurate with benefits accrued to stakeholders, is particularly difficult to achieve for projects initiated to meet public policy objectives versus those initiated for reliability or economic reasons. Panelists will explore how the process will play out in the Balkanized West; what can be gleaned from the FERC Order No. 1000 compliance filings; who will manage the process for recovering cost associated with multi-state or multi-jurisdictional projects; whether the transmission operators are equipped to deal with interregional situations; and what kind of market mechanisms are needed to do so. For more information, please visit the conference website.