electric industry fundamental changes mike oldak sr dir state competitive & regulatory policies edison institute customer services conference april 20 2005 status of us policy changing supply delivery picture overbuilt generation inadequate transmission in some regions concern over price and quality for natural gas greater scrutiny market behavior mandatory enforceable reliability standards contemplated more reliance on renewable resources demand response efficiency markets look different blend competition regulation 19 states plus dc with retail federal energy commission getting strong political push back approach to wholesale twenty senators raised concerns about ferc actions individual cases power s chief regional disagreements re se northwest southwest strongly oppose smd intrusion into planning siting resource adequacy ne mid atlantic west favor organizations rtos pucs seeking deference their views native load priority acquisition pricing expansion allocation costs existing rates bundled transactions congress adopt comprehensive legislation controversy looms
