What’s Up ? California Electric Generation Markets. Gary L. Hunt Managing Director.
Gary L. Hunt
Henwood’s newest service, TermDesk is an energy buyer-focused gas and power origination service providing on-line energy auction and procurement services to assist buyers manage price risk and supply reliability.
Henwood Consulting provides strategic consulting and power market analysis services to clients worldwide focused on electric asset valuation, portfolio development, power market analysis and energy price risk management.
For more information contact:
2710 Gateway Oaks Drive, Suite #300N
Sacramento, CA 95833
Gary L. Huntis Managing Director of Consulting for Henwood. He is an expert in electric power markets, industry restructuring and competitive strategy development. Gary has 25 years experience as a state public utility regulator, electric power executive and strategic consultant.
Gary served as Minnesota Deputy State Public Service Director and was chief of Staff at the Illinois Commerce Commission. He was CEO of MMWEC, a wholesale power producer in New England, Assistant City Manager for Utilities in Austin, Texas, and Assistant General Manager-Operations at EBMUD.
Before joining Henwood, he was Director of Electric Power at Cambridge Energy Research Associates and was a Principal in the Utility Economics Practice of Standard & Poor’s.
916-569-0985, ext # 341
email@example.comAbout Henwood Consulting
Rates set by the CPUC based upon capital invested
Rates “averaged” masking true price volatility.
Non-utility generators offered to build power plants at prices lower than utilities’ proposed new projects.
No major generation additions since 1980’s.
160,000 MW installed capacity
60,000 MW of PNW Hydro
130,000 MW current peak load
1.9% electric load growth
9,000 MW new power plant construction
50,000+ MW of announced new plant
1999 124% of normal
2000 92% of normal
Continued Economic Expansion
Power Plant Construction Schedules
Rational markets will evolveover the next couple of years as new plants are brought on line.
Peak hour prices will still to be volatilebut the number of hours, and the magnitude will be mitigated during normal conditions.
Expect new electric products to evolveto help consumers manage price risk and meet different interests of consumers (retail and wholesale)