|
McCullough
Research has been actively involved in
seminars, conferences and symposia across the United States, including
testimony given before the United States Senate and House of
Representatives. Presentations given on a number of topics are included
here for download and reference.
1995, 1996, 1997, 1998,
1999, 2001, 2002, 2003, 2004,
2005, 2006, 2007, 2008, 2009, 2011
2011
January 13, 2011
Estimating the Consumer's Burden from Administered Markets
A presentation to the APPA which concludes that Regional Transmission Organizations (RTOs) are costing consumers approximately $1 billion a month.
2009
October 15, 2009
The Mysterious New York Market
A presentation given at EPIS, Inc.'s 2009 Electric Market Forecasting Conference in Tucson, Arizona. Market behavior at the New York ISO is examined with a focus on the inexplicable yet pervasive "hockey stick" bids.
October 14, 2009
Do ISO Bidding Processes Result in Just and Reasonable Rates?
Presented at the APPA Legal Seminar in Savannah, Georgia, Robert McCullough discusses how current ISO bidding processes preclude the existence of a competitive market, allowing implausible high bids to raise prices above the marginal cost.
June
22, 2009
Pickens'
Peak: Speculators, Fundamentals, or Market Structure
A presentation made to the 2009 IAEE International Conference
discussing the change in structure of the world oil market in
2008. This presentation has been revised since the April 7th
presentation (below) and is supported by 2009 price data.
April
7, 2009
Pickens'
Peak: Speculators, Fundamentals, or Market Structure
A presentation to the 2009 EIA Energy Conference: A New Climate for
Energy, in Washington, D.C. This presentation discusses the causes of
the spike in oil prices in the summer of 2008, and provides
recommendations to prevent another unexplained rise.
Related McCullough Research
Report. Report
February
24, 2009
Why We Need a
Connecticut Power Authority
A presentation, on behalf of the AARP Connecticut chapter, to the
Connecticut Energy and Technology Committee, in support of H.B. No. 6510 (RAISED) AN ACT ESTABLISHING A PUBLIC
POWER AUTHORITY, another effort by consumer advocates, Attorney General
Blumenthal and others to protect the people of Connecticut and the
state economy from the predatory pricing resulting from ISO New
England's single price wholesale electricity auction market.
Accompanying report, and testimony.
February 24, 2009 AARP
Connecticut press release. Press Release
2008
October
28, 2008
National Association of
Energy Service Companies - 25th Annual Conference
Presentation to the NAESCO on the impact of a volatile economy on
energy markets.
April 1,
2008
Connecticut Energy
Policy: Critical Times - Critical Decisions
Presentation to the House Energy and Technology Committee at the
Connecticut General Assembly.
2007
May 23,
2007
Why is Electric
Competition Proving so Expensive?
Speaker for Portland State University Department of Economics Seminar.
February
26, 2007
Trust, But Verify
Presentation at the Take Back the Power Conference, before the National
Press Club in Washington D.C.
2006
May
18, 2006
Developing a Power
Purchase/Fuel Supply Portfolio
Presentation before the Energy Strategies for Cities and Other Public
Agencies Conference presented by Law Seminars International, hosted in
San Francisco.
Return to Top
2005
January
5, 2005
Why Does the Enron Problem
Take so Long to Solve?
Presentation to the Public Power Council
Portland, Oregon
Return to Top
2004
September 16, 2004
Back to the New
Market Basics
Presentation
to EPIS.
June 28, 2004
Acquiring and Using a Resource
Portfolio
June 9, 2004
Enron Discovery
in EL03-137/180
June 8, 2004
Caveat Emptor:
A Law West of the Pecos
Presentation to ELCON.
May 6, 2004
Governance
and Performance: Why RTO's Seem Less Reliable and More Expensive than
Utilities
Presentation
regarding the lack of transparency in Western energy markets.
Return
to Top
2003
June 9, 2003
Bad
Checks
Make Bad Neighbors
In his
remarks to the National Association of Utility Consumer Advocates,
Robert McCullough discusses how a culture of secrecy in which
information
flowed freely between competitors but not between public agencies
responsible for overseeing the activities of these competitors, was
central
to the California crisis. Mr. McCullough addresses Senate
Bill AB-1890 and its effects on the structure of Western power markets.
January
21, 2003
Statement
to
California Committee on Market Manipulation
John
Powers, a principal consultant with McCullough Research a statement
concerning the trading schemes described in the Yoder/Hall Enron memo
as "Deathstars". Mr. Powers
explains the effect of counterscheduling on the
California markets and the "C66" contract that further restricted
transmission
capability on the intertie between California and Oregon.
January
21, 2003
Presentation to California Committee
on
Market
Manipulation
The slide show accompanying John Power's statement.
January 16, 2003
Purloined
Agenda: Pursuing Competition in an Era of Secrecy, Guile and
Incompetence
Return
to Top
2002
July
16, 2002
Electric
Market Risk: Clearing Out the Cobwebs
Presentation to the
ISO Market Oversight Committee Seminar sponsored by the
Power Industry Computer Application group, San Jose, California. Robert
McCullough highlights the risks associated with deregulation of
wholesale
electricity market.
May 2, 2002
One
Hundred
Years of Solitude
Presentation
to Mark Hatfield's Symposium at Portland State University covers the
history of West Coast energy and current issues.
April
24, 2002
Accounting
for the Costs of Restructuring
Presentation
at the Utah Association Energy User's annual seminar.
March
21, 2002
Enron's
International Ventures
Presentation
to the Oregon State Bar on Enron's international holdings and ventures.
March 19, 2002
Saurons
Ring
Presentation
concerning Enron and Jeff Skilling.
February
12, 2002
Power
Prices in 2000 through 2005
February
6, 2002
Tsunami:
Western Power Market Prices Since May 22, 2000
January 25, 2002
Deconstructing
Enron's Collapse
An historical look
at the Pacific Northwest's electricity industry also chronicles the
rise and fall of Enron.
Return
to Top
2001
November
12, 2001
Artifice
or
Reality: Pricing in the Eastern Interconnection
October 24, 2001
The
Case of the Missing Crisis
Debunking some of
the myths regarding the California energy crisis.
June
26, 2001
Examining
the Outlook on Deregulation
Given to the
Institute for International Research (IIR) Dallas, Texas. This
presentation looks into the future of deregulation while examining what
occurred in California Energy Crisis.
June
3, 2001
When
Infrastructure is Not the Answer
Presentation at the New Horizons Energy Conference addresses the
shortcomings of California's electricity
deregulation.
May 24, 2001
Future
Imperfect
Demystifying the
first twelve months of the California
crisis.
May
10, 2001
A
Year in
Purgatory: Electric Markets Since May 22, 2001
Presentation to the
Utah Industrial Customers Symposium, Utah Association of
Energy Users. Robert McCullough explains the
factors leading up to the California energy crisis and offers solutions
to rectify shortcomings of the California ISO.
April 18,
2001
Demystifing
the First Eleven Months of the California Emergency
April 4, 2001
The
Perfect Storm
An analysis of the
first ten months of the California crisis.
Return
to Top
1999
December 10, 1999
Reducing
Bidder "Creativity"
Presentation prior
to deregulation of the Texas wholesale electricity market in
Texas.
June
22, 1999
Buying
Power
in the Northwest: A Buyer's Perspective
Presenters Robert
McCullough, Ann Fischer, and Martin
Howard discuss what drives the energy market in the Pacific NorthWest
and what
to expect in the future.
January
25, 1999
Coping
with
Capacity Prices
Presentation
at Metals Week Aluminum Meeting Analysis of responses to recent spot
price spikes.
Robert McCullough analyses the causes and
offers solutions.
Return
to Top
1998
December
16, 1998
Electric
Markets: Challenges and Solutions
Western Power
Markets, Las Vegas, Nevada. An
analysis of responses to recent changes in Western power markets.
October
27, 1998
Negotiating
a
Better Deal for Your
Power Supply
InfoCast
presentation, October 27, 1997 Chicago, Illinois.
Robert McCullough and Martin Howard discuss strategies to strike a
better deal.
September 14, 1998
Future Pricing Structure in
Competitive Markets
"Some Ideas to Argue About" presented by Martin Howard and Robert
McCullough to the Annual Electric Market
Forecasting Conference sponsored by EPIS, Inc.
June
13, 1998
Succeeding
in Aggregation
Presentation at the
New
Mexico Retail Association, Durango, Colorado.
History of regulation in energy markets, suggestions and methodologies
to
aggregate power in a deregulated environment.
May
19, 1998
Participation
in BPA's Conscription Process: Opportunity or Extortion?
Presentation to
Snohomish
Public Utility District #1, Snohomish,
Washington. Discussion of BPA’s historical background, current market
forces, and choices to be made in a competitive energy environment.
May 14, 1998
FORSCOM
Strategy: Partnership
Armed forces panel
formed
to solve the problem of procuring gas and electricity energy services
and manage their use under a deregulated utility industry. Robert
McCullough outlines a strategy for FORSCOM to operate in the
deregulated markets.
May
7, 1998
Running
a Competitive Bidding Program for
Energy Services and Supplies
InfoCast seminar,
The
Institutional Energy Users Forum, San Francisco, California. Discussion
of purchasing processes, RFP structuring, pricing and insights into the
prices of power past and future.
April
3, 1998
Economic
Evaluations of Municipalization:
InfoCast’s Municipalization in a Changing Power Industry
InfoCast seminar,
Arlington, Virginia.
January
17, 1998
Getting The Best
Deal for the Customer
Presentation at
the Law Seminars Annual
Energy Meeting discusses options for customers in the changing
competitive environment.
January
15, 1998
Factors
Driving the Market
Buying and
Selling Electricity In the West, Seattle, Washington. Robert McCullough
discusses the role of markets in a restructured environment.
Return
to Top
1997
October
25-26, 1997
Negotiating a Better Deal for Your
Power Supply
Presentation by Robert McCullough, Ann Fischer, and Martin Howard.
July
25, 1997
Buying Cheap Power in the Northwest
and
Mid-Atlantic States
April
3, 1997
Economic Evaluation of
Municipalization
January
28, 1997
Power Supplies for New Municipals:
Designing an
Effective RFP and Evaluating Responses
Presented by Robert McCullough and John Gould
Return
to Top
1996
September
14, 1996
West
Coast
Overview
Summary of
progress in region Retail Wheeling III, Washington, D.C.. Robert
McCullough discusses the Western Systems Coordinating Council
(WSCC).
May
17, 1996
Sliding
Towards Home
Presentation given
to the Pulp and Paper Association. Robert McCullough discuss
how new markets and new prices will be determined by the customer.
February
23, 1996
Is
PoolCo Just the Status Quo?
Robert
McCullough explains how competition will allow players to choose
other suppliers.
January
26, 1996
Western
States
Power Supply
Robert
McCullough advises that industrial rates are turning downward and
special arrangements should be viewed with care.
Return
to Top
1995
December
12, 1995
Big
Rivers Electric Cooperative: A
Stranded Investment Case Study?
Overview, history,
and market
value of BREC stranded investment.
December
4, 1995
Predators
and Prey: 1995 through 2010 in
the WSCC
Presentation at the
NELP/PSU Energy Symposium discusses the future of WSCC surplus power
and plummeting
natural gas prices.
October
18, 1995
Teaching
the Hippopotamus to Dance:
Bringing the Competitive Electric Market to Evanston
Robert
McCullough discusses competition in the marketplace.
August
28, 1995
Retail
Wheeling as a Quid Pro Quo for
Plant Location
Discussion
of competition, regulation and innovative solutions Infocast Seminar.
August
20, 1995
Restructuring
in Alberta and California
Governor’s Energy
Symposium, Springfield, Illinois. Since change is inevitable, the
market must be
competitive.
June
12, 1995
Using
the “R” Word
Presentation
to NELPA Annual Accounting Meeting discuss Bonneville Power
Administration's "Decision to Release 4000 Megawatts to the Market".
Return
to Top |
