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SYDNEY, NSW - MAY 12: Contestants play on what is claimed to be the World's largest Monopoly board on the opening day of the Sydney Home Show, May 12, 2005 in Sydney Australia. The board game, occupying 440 square metres, is a "Sydney" version of the original game which celebrates it's 70th anniversary this year. (Photo by Ian Waldie/Getty Images)

Here’s Your Ticket to the Energy Revolution

How the electric business of the future will be built

A select group of attendees to the Empowering Customers & Cities executive energy conference in Chicago next month will have a chance to gain unprecedented access to the electric sector transformation now underway.

A limited number of conference registrants will have a chance to take part in a “SuperModels” workshop devised by the National Association of Regulatory Utility Commissioners to train state regulators from across the land. It in, they will learn how the business model of electric utilities may now radically change after a century of glacial evolution.

Miles Keogh, NARUC lab director, and a team that helped develop the exercise will bring the novel drill to a small group of Empowering Customers & Cities attendees in a pre-conference workshop from 10:30 – 12:30 p.m. on November 1.

To be considered for a seat in the session, first register for the conference and then send conference co-chair Martin Rosenberg, editor of The Energy Times, your one-sentence answer to the following question.

Question: “Will utilities have the freedom to embrace a new electric power future – or will new market entrants steal their customers?”

Send your on-the-record sentence to marty.rosenberg@penton.com. Your responses may be used in an upcoming issue of The Energy Times.

“NARUC has developed a new interactive learning exercise – a game - where you work in teams to run a power company using different business models – performance based, cost of service, transactive energy,” Keogh said.

“The teams have to deal with changes in the power sector like solar integration, coal retirements and gas price spikes and all that, while in a declining carbon environment, and maintaining good reliability, affordable bills, and company competitiveness,” Keogh said.

A small contingent of faculty and graduate students from the University of Chicago Harris School of Public Policy will be attending the workshop. Several state legislators have been invited.

 

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