GDF SUEZ Subsidiary to Host 3rd Annual ERCOT Energy Seminar; Event to Focus on Upcoming Shift From Zonal to Nodal Market

ERCOT Executive, Former FERC Chairman among Featured Speakers

Oct 20, 2010, 09:00 ET from GDF SUEZ Energy Resources

HOUSTON, Oct. 20 /PRNewswire/ -- GDF SUEZ Energy Resources NA, the retail energy business of GDF SUEZ Energy North America, will host its third annual ERCOT Energy Seminar October 27 in Houston to help commercial and industrial businesses and institutions better understand and prepare for rapidly approaching changes in the ERCOT electricity market.  The seminar is scheduled from 8:30 a.m. to 1:30 p.m. at Union Station at Minute Maid Park in Houston.

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Titled "Stay in Charge," the event will feature a diverse panel of energy experts who will discuss ERCOT market fundamentals and pending structural changes to the Texas market as a result of the shift from a zonal to nodal market design, which is scheduled for implementation December 1.  

Featured speakers will include:

  • Mike Cleary, Senior Vice President and Chief Operating Officer of ERCOT;
  • Pat Wood, Principal of Wood3 Resources and former chairman of the Federal Energy Regulatory Commission and the Public Utility Commission of Texas;
  • Ken Silverstein, an award-winning journalist and Editor-in-Chief of EnergyBiz Insider; and
  • Andrew Elliott, Director, Supply & Portfolio Management, GDF SUEZ Energy Resources.

A question-and-answer session will follow the presentations.

"The transition to a nodal market design is anticipated to deliver benefits to the system and to consumers of electricity over the long term," said Robert Wilson, President and CEO of GDF SUEZ Energy Resources. "At the same time, there are near-term questions about what will change in the retail market and how electricity will be priced, scheduled, and sold.  Our goal for this event is to address these concerns and to provide customers with the information they need to understand the pending regulatory and marketplace changes."

Commercial, industrial or institutional electricity consumers interested in attending the event can find additional information or register at www.knowtexaspower.com or by calling 877-321-4GDF.

"Stay in Charge" continues GDF SUEZ Energy Resources' ongoing commitment to market participant education. Since its founding in 2002, the company has grown into a leading provider of non-residential electricity in the United States, and a major factor in that growth has been a focus on providing the information and resources businesses and institutions need to make better, more informed choices about their energy use.

GDF SUEZ Energy Resources NA is the second largest non-residential retail energy supplier in the U.S. and currently serves commercial and industrial customers in 11 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, and Washington, D.C. The company serves over 60,000 accounts for customers having a peak demand ranging from 50 KW to more than 200 MW, with an estimated peak load totaling nearly 10,000 MW.

To learn more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374.

About GDF SUEZ Energy North America, Inc.:

GDF SUEZ Energy North America, Inc. manages a range of energy businesses in the United States, Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers.

GDF SUEZ Energy North America owns and/or operates cogeneration, steam, and chilled water facilities, including those in construction, representing a capacity of more than 8,000 MW of electricity generation, 6.0 million pounds per hour of steam, and 42,000 tons per hour of chilled water. Renewable fuels—wind, hydro, and biomass—power 23 of the facilities in the portfolio, two of which are among the largest wind farms in eastern Canada. The company's natural gas assets include an LNG receiving terminal in Everett, Massachusetts, which currently meets approximately 20 percent of New England's annual gas demand; an offshore LNG import facility off the coast of Massachusetts; and natural gas distribution networks and pipelines in Mexico that serve nearly 400,000 customers.

GDF SUEZ Energy North America is part of the international energy group, GDF SUEZ.

SOURCE GDF SUEZ Energy Resources



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