IPPSO 2001 Conference Program

From Theory to Action: 
Bringing fresh investment to the sector
The 13th Annual Canadian Independent Power Conference and Trade Show
November 27 and 28, 2001
Sheraton Parkway North Hotel, Richmond Hill, Ontario

Major themes:
Facilitating investment and forward markets; decontrol; Assessing capacity signals; Defining measures of healthy competition; Price stability; Market power; Making best use of the new environmental rules

Tuesday, November 27, 2001 

7:30 a.m.	Daybreak coffee
Hosted by Toromont Energy Ltd.

8:00 a.m.	The Ontario Context
Safouh Soufi, SMS Energy Engineering, Conference Chairman

8:30 a.m.	Opening Keynote: Ontario Minister of Energy
		Hon. Jim Wilson
Jim Wilson is Ontario’s longest serving energy minister having shepherded the government’s competition initiative since the release of the White Paper through more than three years of turbulence and rapidly changing circumstances. He is uniquely able to set a perspective on where the government sees itself going in terms of implementing restructuring and setting up an effective market for electricity in Ontario.

9:00 a.m.	Prospects for new project development: What’s needed to really get Ontario’s market moving?
After all we’ve learned about the market rules, decontrol and encouraging investment, what are the major issues that now face a developer of a new project? Interconnection with transmission and the IMO, access to capital, markets, expertise, and siting approvals will be examined. Have strategies changed in the wake of California and Alberta’s wake-up calls? What lessons can be picked up from successful jurisdictions such as Pennsylvania and Michigan? What measures are appropriate for assessing the attractiveness of a market?

Linda Bertoldi, Borden Ladner Gervais LLP, moderator

Keynote: Steve Snyder, President and CEO, TransAlta Energy Corporation

Keynote: Ken Laughlin, Vice President of Market Services, PJM Interconnection, LLC

Questions and discussion

9:45 a.m. 	Coffee Break in the Trade Show
Hosted by Navigant Consulting Ltd. and Northland Power

10:30 a.m.	The Regulators’ roles in facilitating competition and investment

The IMO has a range of systems for encouraging competition: managing the bidding process, initiation of new markets such as the capacity reserve market, implementation of the market power mitigation agreement, surveillance against market power abuse, disseminating information, etc. Similarly, the OEB has the mandate and powerful tools to facilitate competition. 
- How should regulators and the public judge whether these tools are sufficient or excessive?
- How should the IMO balance its responsibility for reliability with its responsibility for facilitating competition? 
- How much turbulence in the market can be tolerated before intervention becomes acceptable?

Keynote: Jim Baillie, Chair, Ontario Independent Electricity Market Operator

Keynote: George Dominy, Vice Chair, Ontario Energy Board

Questions and discussion

12 noon	Lunch in the Trade Show
Hosted by Stikeman Elliott

1:30 pm	Electricity Competition Award

1:35 pm	Keynote: Robin Jeffrey, Chairman of Bruce Power
Bruce Power’s view of how to set up a competitive market

1:50 p.m. 	The Status of major capacity and the prognosis for decontrol

Pat McNeil, Vice President, Corporate Development, OPG
Al Barnstaple, Past President, IPPSO

Brief review or update on the status of existing major capacity such as Bruce, Pickering, Sarnia and Sithe. 
- What is the prognosis for decontrol? 
- Where does it seem to be going? 
- Does it need adjustment? 
- What are the measures of a healthy market and how can one assess capacity signals in Ontario’s context of a few dominant generation owners?

2:45 p.m.	Coffee Break in the Trade Show
Hosted by Enbridge Consumers Gas

3:15 p.m.	Tax Reforms proposed by the CEA and IPPSO to encourage investment
Dan Goldberger, Canadian Electricity Association

3:30 p.m.	Achieving Healthy Competition: Implementing forward markets and other competition-enhancing mechanisms
What’s needed to really get the electricity market moving in Ontario? Successful competitive markets require a balanced mix of precision rule-making and judicious regulation, yielding predictability for investment and lower costs for consumers. 
- What’s necessary to jump-start a forward market in long-term contracts? 
- What other conditions and mechanisms need to be put in place? 
- Where has Ontario succeeded in these areas, and where are the weaknesses that can still be addressed? 
- What has contributed to the success of markets such as Pennsylvania and Michigan that can be applied here?

Each participant will explain what his or her own sector needs to see to implement an effective forward market in Ontario.

What marketers need to see: Hal Chappelle, Mirant 
Generators’ view of risk issues (Is there enough information available? Will I be able to sell out of Ontario?): Rob Cary, IPPSO Director and IMO Technical Panel
Purchaser risk management: James McMahon, Executive Vice President, ECNG
Reasonable limits on MEU long-term contracting

Special simultaneous event: November 27, 2001   1:00 to 5:00 p.m.
(Separate registration required)

Meeting Ontario’s new Emission Monitoring and Reporting Regulations

Featuring Navdeep Dhaliwal and Philipp Gysling and other representatives, Ontario Ministry of the Environment
(Participants are invited to bring company-specific data for use in this discussion)
- A detailed review of the new rules
- What has changed between the old regulation 227 and the new 127 ?
- Operational expectations for compliance including step-by-step guidelines, review of the reporting software, new reporting forms, etc.; 
- Multistakeholder group input to the process
- NPRI harmonization
- Discussion period. 

4:30 		Break to Trade Show

4:35		IPPSO Annual General Meeting

5:00 		Reception in the Trade Show
Hosted by Sithe

6:00 p.m.	Banquet Dinner
Hosted by Borden Ladner Gervais LLP

Featured Keynote Speaker:
Hon. Jim Flaherty Minister of Finance and Deputy Premier of Ontario

Banquet dinner keynote speaker:
Courtney Pratt, CEO of Toronto Hydro

Hedley Palmer Award

Wednesday, November 28, 2001

7:30 a.m.	Daybreak Coffee 
Hosted by Jacques Whitford

8:30 a.m.	Keynote: Hon. Elizabeth Witmer, Ontario Minister of Environment

The IPP industry’s role in achieving government environmental objectives

9:00 a.m.	Addressing market behaviour - Compliance and enforcement

How compliance and enforcement is expected to work in Ontario. California has found strategic bidding despite a market with many more participants than Ontario has. Regulators are using a multitude of models to recognize market abuse. Many of the practices in question are not contrary to the rules, so players need to know how far regulators expect to go in drawing the line between exercize of market power and abuse of market power.

- Jan Smutny-Jones, President of IEP of California and previous Chair of Cal-ISO
- Joe Bowring, Manager of Market Monitoring Unit, PJM Interconnection
- John Dalton, Navigant Consulting Inc.
- Harry Chandler, IMO, Market Surveillance Panel

10:00 a.m.	Coffee Break in the Trade Show
Hosted by Vestas _ Canadian Wind Technology Inc.

10:45 a.m. Power Purchasers’ Panel: What do buyers need to see? How should portfolios be designed?

Ontario’s new market allows for major power purchasers to source their electricity in four ways: through bilateral contracts, from the IMO as a dispatchable load, under Standard Supply Service, and self-generation. 
- How do major purchasers expect to navigate these choices, and what will be the rationale?  
- What would they like to see in terms of how producers and marketers make competing offers to them? 
- What products would they entertain? 
- Without revealing proprietary information, what is their strategy for assuring supply for dispatchable loads over 5 MW, and how can producers fit into that? 
- What role is seen for distributed generation or managing internal energy use?
The major categories are: Embedded industrial; direct connected industrial; industrial with self-generation; industrial committed to bilateral purchasing.

Ed Houghton, Collingwood Utility Services Corp. and IMO Board, moderator
Tom Brett, Gowlings, Standard wholesale bilateral contracts
Gerry Hilhorst, Assistant General Manager, Waterloo North Hydro, re: embedded generation
Mike McGee, Energy Profiles Ltd., What are the needs of commercial customers, and the challenges of the commercial market?

12 noon	Lunch in the Trade Show
Hosted by Power Budd LLP

Stream 1:

1:30 p.m.	Transmission within Ontario and at its borders

Transmission can be the means of competition or a barrier to it. Not just rate design, but the allocation of rights, the functioning of the FTR market and the interties in the contexts of congestion and market power, and the regulatory process, will bear heavily on the ability for new entrants to contribute to Ontario’s electricity market. Players will want to hear proposals on how best to resolve the “seams issues” - where there are differences in the inter-tie rules used by interconnected control areas.

Paul Murphy, Chief Operating Officer, IMO, moderator
Rod Taylor, Hydro One, on policies for use of regional interconnections
Charles Keizer, Power Budd
Representative, Maclaren Energy, perspective of transmission user  (invited)

Stream 2:

1:45 p.m.	Ensuring environmental performance

Recent updates on status and points of view on the key environmental questions facing new power generation developers:
- Emission regulation
- Mechanisms to enhance of green power market
- Green power standards 
- Emission trading

Stephen Probyn, Probyn & Company, moderator
Christine Cinnamon-Langille, TransCanada Power
Timothy Egan, Canadian Electricity Association
Mike Butters, Clean Air Canada Inc. / PERT

With the participation of Environment Canada

Questions and discussion

2:45 p.m 	Coffee Break

3:00 p.m.	The shape of the future: Maximizing on promise and opportunity
How technological change will introduce new options for generation development; 
- How will the changes in sources of finance affect the prospects? 
- How will people’s views of the how the market is changing affect their plans for project development? 
- What does the future of new generation development look like, given the growth of new technologies, such as fuel cells, clean coal, and other new technologies on business development strategies that players choose to stress in the new market?
- What are the constraints on development of new projects?
- What commercial strategies can we expect to see coming forward from the major players?
Speakers will make reference to the major themes identified at the beginning of the program.

Andrew Roman, Miller Thomson, moderator

Bryne Purchase, Deputy Minister, Ministry of Energy, Science and Technology, How the ministry views the future for Ontario and plans for near-term policy initiatives

Mark Rodger, Borden Ladner Gervais LLP, How the changing status of existing capacity will affect prospects for Ontario’s future, and on transfer and redevelopment of existing projects

Rob McLeese, President, IPPSO, How IPPSO views the projections for the future, as well as touching on NUG contract status, exclusivity, lessons learned from California, and prospects for further market development. 

4:45 p.m.	Concluding remarks by Conference Chairman

Banquet Sponsor: Borden Ladner Gervais LLP
Silver Sponsor: Gowlings
Bronze Sponsor: Miller Thomson
Show Guide Sponsor: Access Capital Ltd.

All program details subject to change without notice.

For the latest program or registration information visit: http://www.newenergy.org/conference.html

or contact IPPSO at 416-322-6549 fax 416-481-5785
PO Box 1084, Stn. F., Toronto, Ontario, Canada, M4Y 2T7
kevind@ippso.org

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Fees (post October 11):
Members: 		$  995, plus GST (total: $1064.65)
Non-Members	$1095, plus GST (total: $1171.65)

IPPSO, the Independent Power Producers’ Society of Ontario
tel.: 416-322-6549 fax 416-481-5785
PO Box 1084, Stn. F., Toronto, Ontario, Canada, M4Y 2T7
kevind@ippso.org   www.newenergy.org