RESTORING CONFIDENCE: UH-GEMI SYMPOSIUM
EXPLORES TURNAROUND IN THE ENERGY TRADING INDUSTRY
Since 2000, energy trading has declined more than 80 percent. Many
industry analysts are now predicting a recovery, but is the turnaround
really in sight?
Debate about the future of the industry continues at “Restoring
Confidence,” University of Houston’s Global Energy Management
Institute’s (UH-GEMI) second annual energy trading and marketing
conference Jan. 22.
“Energy trading’s comeback is slow primarily because
of the impaired creditworthiness of the main market players,”
said Craig Pirrong, energy markets director for UH-GEMI. “Until
creditworthiness builds, energy trading will continue to struggle.”
Attendees of the conference will explore creditworthiness and other
related issues including Energy Trading: Is the Turnaround in Sight?;
Price Transparency: Private vs. Government Solutions; Credit Crunch;
Public Policy Battle Lines: The New Energy Bill, and States vs.
FERC; and Energy Trading Contracts: Bankruptcies, Credit and Convergence.
Speakers include Pirrong; Michael Cyrus, executive vice president,
Cinergy Corp.; and Greg Harper, senior vice president, energy marketing
and management, Duke Energy North America.
A media briefing with Pirrong, Cyrus and Harper will take place
at 1 p.m. in Room 247 of the University Hilton.
||University of Houston’s Global Energy Management
||Second annual “Restoring Confidence: Energy Trading
and Marketing Conference”
||Thurs., Jan. 22, 2004
8:45 a.m. – 5 p.m. Restoring Confidence Conference, Conrad
Ballroom, University Hilton
1 p.m. – Media Availability with Pirrong, Cyrus and Harper,
Room 247, University Hilton
For a complete schedule go to http://www.bauer.uh.edu/gemi/events/trading_conference.htm
For more information about UH visit the universitys Newsroom at www.uh.edu/admin/media/newsroom.