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Agenda

The California Electricity Market Meltdown: The End of Deregulation?
March 1, 2001
10:00 a.m.-4:30 p.m.
Wohlstetter Conference Center, AEI

As California grapples with a dire emergency crisis, policymakers are asking how the situation went so terribly awry and what can be done to fix it. A panel of experts convened for this Joint Center conference will offer their predictions on the future of electricity markets and suggest what can be learned about regulatory reform from the energy fiasco that has crippled California.

Session 1: What Happened in California and How to Fix It?

Moderator:
Robert E. Litan, Joint Center

Panelists:
Anne M. Cleary, Mirant California
John R. Fielder, Southern California Edison
Paul L. Joskow, MIT
Frank A. Wolak, Stanford University

Keynote Address:

Elizabeth A. Moler
      Senior Vice President, Exelon Corp.
      Former Chair, Federal Energy Regulatory Commission

Session 2: Is It Just California? General Lessons About Market Design and Regulatory Transition Mechanisms

Moderator:
Robert W. Hahn, Joint Center

Panelists:
Peter Crampton, University of Maryland
William W. Hogan, Harvard University
Alvin K. Klevorick, Yale University
Richard S. Shapiro, Enron

Session 3: Commentary on the Presentations

Moderator:
The Honorable Steven G. Breyer, U.S. Supreme Court

Panelists:
William W. Hogan, Harvard University
Paul L. Joskow, MIT
Paul W. MacAvoy, Yale University