Presentation on theme: "Mid-America Regulatory Conference Warner Baxter June 9, 2010."— Presentation transcript:
Mid-America Regulatory Conference Warner Baxter June 9, 2010
2 AmerenUE Overview Regulated electric generation, transmission and distribution; gas distribution ~1.2 million electric and 125,000 gas customers ~10,400 MW generation ─Low-cost 6,600 MW baseload coal-fired and nuclear fleet Low customer rates UE
3 Electric Industry Overview Arguably, unprecedented challenges and uncertainty facing industry ─Economy ─Environmental laws and regulations ─Aging infrastructure and workforce ─Regulatory lag ─Technological (e.g. smart grid, electric vehicles, cleaner generation) ─Political (domestic and international) ─Capital markets ─Diverse stakeholder views ─Planning and decision making
4 Electric Industry Overview Customer perspective ─Reliability expectations are high ─Rising energy costs create challenges ─Understanding of complex issues is mixed ─They want solutions!
5 Leading the Way to a Secure Energy Future Importance of safe, reliable and affordable energy Comprehensive long-term energy plan needed Forge a public/private partnership ─Blue Ribbon committee with key stakeholder representation ─Facilitate robust dialogue of key issues ─Enhance consumer outreach ─Offer solutions/Trusted Energy Advisor ─Facilitate economic development ─Others are using this approach
6 Leading the Way to a Secure Energy Future Enhance current legislative and regulatory policies No “silver bullet” It is time for action ─Our constituents are depending on us