On October 27th, 2000, AIMS and ECANS
(the Electricity Consumers’ Alliance of Nova Scotia)
co-sponsored a sell-out one-day conference entitled:
Plugging in Atlantic Canada
How will competition, deregulation and privatization
in the continental electricity market affect us?
The electricity industry world-wide is being transformed from cosy local monopolies into a highly competitive industry. Privatization, deregulation and other market-opening initiatives are bringing choice in electricity supplier to industrial users and individual consumers alike in many jurisdictions, while putting downward pressure on prices. International and interprovincial barriers to free movement of electricity are either falling or are under vigourous attack. In order to foster competition, many places are separating the generation and distribution sides of the industry.
While a few of these changes have made their way to Atlantic Canada, we are clearly well behind leaders such as Britain, California, Victoria State in Australia, and some New England states. These and other jurisdictions are learning how to harness the power of competition and markets in their electricity industry. That’s why Plugging in Atlantic Canada asked:
- What have Atlantic Canadians to learn from the successes of other jurisdictions where deregulation or privatization has succeeded, or has been flawed or incomplete?
- How will deregulatory measures in the US and elsewhere shape the continental energy market?
- What place is there in that continental market for Atlantic Canada?
- What progress is being made in neighbouring New England?
- What are the pitfalls to be avoided?
- Can the status quo be maintained, and at what cost?
- Can government be both owner and regulator of the industry?
These are vital questions for a region poised to be a continental energy giant in the coming decades, yet where state ownership of electrical utilities is still widespread, and where local monopolies have not yet had to face direct competitive pressures from outside provincial boundaries. Some of the brightest minds in the electricity industry in Europe, the US and Canada were assembled by the conference organizers to give Atlantic Canadians the benefit of their vast knowledge and experience of an industry in massive flux.
Here is the roster of conference speakers.
Tom Adams, Executive Director, Energy Probe, Toronto, spoke on”Deregulation, markets and competition: the Canadian experience”. Mr. Adams, author of two papers for AIMS on NB Power, has been advising the Ontario government on its efforts to introduce competition into that province’s electricity industry. AIMS has now released the fully developed version of Adams’s remarks to the conference as a paper in its Commentary Series.
Daniel Garant, Managing Director Wholesale Markets and Project Development, Hydro-Québec.
Prof. Leigh Hancher, University of Tilburg, Holland. The “best legal mind on electricity in Europe” spoke on the theme “Who’s getting electricity policy right in Europe?” Ms. Hancher literally wrote the book on this subject — Electricity Law in the European Union — and is a widely known and respected authority on all aspects of the industry in Britain and on the continent.
David Hay, is the Managing Director of Delgatie Incorporated, a financial services advisory firm that he started in 1995. David was the Co-Chair (with Donald Savoie) of the New Brunswick Special Task Force that produced the report “Electricity in New Brunswick and Options for its Future” (the Hay-Savoie Report).
Douglas G. Hall, is the managing Director, Global Banking, RBC Dominion Securities, Halifax. He is active in the coverage of a number of the firm’s utility accounts and covers infrastructure finance projects across Canada.
Christopher G. Huskilson, is Executive Vice President, Operations, for Nova Scotia Power, which is the primary operating subsidiary of Emera Inc. (formerly NS Power Holdings Inc.)
Donald S. Macdonald, former federal Minister of Finance and Chairman of the Advisory Committee on Competition in Ontario’s Electricity System wrapped up the event by asking,
“Where do we go from here?”
Ken Malloy, one of the most sought after speakers in North America on the restructuring of the continent’s energy markets, is President of the Center for the Advancement of Energy Markets in Washington DC.
Brian Maynard is Deputy Minister of Mines and Energy for the Province of Newfoundland and Labrador. Formerly, he was Director of the Hibernia Project Monitoring Committee in Executive Council, then Director of Petroleum Projects Monitoring with the Department of Mines and Energy.
David M. Sawler, is General Manager of Copol International Ltd., a large plastic film extrusion company and electricity consumer in North Sydney, N.S. He is also on the board of ECANS.
Gordon L. Weil is the chairman of the Weil Consulting Group. His firm has been a leading innovator in the restructured electric market. He has initiated incentive rate system, wholesale and retail power purchasing arrangements, and the innovative relationship between New Brunswick and northern Maine.
AIMS recognises the generous support of these event sponsors