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Dr. Jonathan A. Lesser to present on economic impacts of energy regulation

WASHINGTON, D.C., March 13, 2006—Bates White Partner, Dr. Jonathan Lesser will speak at Law Seminars International’s “Electricity and Natural Gas Regulation: Fundamentals and Current Issues” in Washington D.C. on March 15–16, 2006.

Dr. Lesser will discuss key economic principles that need to be evaluated for understanding potential costs and benefits to utilities and consumers alike. His presentation, “The Economics of Energy Regulation: Implications and Challenges for the Electric and Natural Gas Industries,” will highlight economic challenges related to pricing, costs, and rates resulting from competing industry and regulatory goals. He will also demonstrate the complexity of establishing market rules that help promote effective gas and electric power development in a deregulated environment. To illustrate this, Dr. Lesser will address market power concerns, infrastructure requirement issues, cost allocation complications, and regulatory uncertainties.

This conference will provide attorneys, industry representatives, and government employees with a solid foundation on the key legal, regulatory, and economic issues surrounding the energy industry. Topics to be covered include the implications of the Energy Policy Act of 2005, environmental regulation, market oversight and enforcement, regulation in transmission, and mergers and acquisition.

About Bates White
Bates White is a national economic consulting firm of more than 150 professionals. Established in 1999, Bates White offers consulting services in economics, finance, and business analytics. Bates White has offices in Washington, D.C., and San Diego, Calif.

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