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September, 1999
Houston Section Meeting ---------------------------------------------------------------
"The Myths of Electricity Deregulation"

One of our very own, Mr. John Stout, a former Chairman of the Houston Section of IEEE in 1989-90 and presently a Senior Member, will be our guest speaker at the September 23 general Section Meeting.  With 27 years of experience with Reliant Energy Company (formerly HL&P), John Stout will speak to us on “The Myths of Electricity Deregulation.”

On January 1, 2003, the state of Texas will become a deregulated, and electric energy system providing all customers a choice for their energy provider.  One might ask, how is this really going to work?  Who is really going to benefit?  Why are we doing this at all?

John is currently Vice-President, California Asset Commercialization in the Reliant Energy Power Generation Group.  He will illustrate his experiences from the state of California to help us better understand what really is going to happen in Texas.  His current responsibility is to optimize the value of the 400MW portfolio owned be Reliant Energy in California, Nevada, and Arizona.  This means quarterbacking any and all aspects of the business from legislative activities to daily bidding strategy.

Come and join us as we celebrate John’s reunion with the section and listen to his discussion which will enlighten us on the future of deregulation in Texas.

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OEMLogo.gif (2948 bytes) Paul G. Barrett. 

OILFIELD - ELECTRIC - MARINE, INC.

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