Cooperative Regulation for

Customers in the New Economy

Cooperative Regulation for

Customers in the New Economy

Pat Wood III, ChairmanFEDERAL ENERGY REGULATORY COMMISSION

NARUC Annual MeetingNashville, Tennessee

November 17, 2004

Cooperating on Electric Infrastructure

Wind Infrastructure as an Example

Photo courtesy of National Renewable Energy Laboratory

Cooperating on Getting Transmission Built

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

1989-2000

GEN TRANS LOAD

Annual growth rates in Gen, Trans, Load

67% of the U.S. Economy is Served by RTO/ISOs

PJM 19%MISO 14%

CAISO 10%

NYISO 8%

ERCOT 6%

ISO-NE 6%SPP 4%

Non-RTO 33%

Cooperating on Gas Supply Solutions

8 – 9 North American LNG terminals possibly completed by 2008

The Arctic gas pipelines – in future

Cooperating on Hydroelectricity

Cooperating on Telecommunications

Federal-Federal-State cooperation

Broadband over Power Lines