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System Analysis Advisory Committee
Chair: Michael
Schilmoeller
Vice-Chair: John Fazio
The Council is developing a new Power Plan, to be completed in draft by
Summer 2004. Most of the issues to be addressed in this Plan require risk
and uncertainty assessment. The roles of power system economic and
operational uncertainty in general, and electric power and gas price
volatility in particular, are central to evaluating these issues. Council
staff has proposed adding portfolio analysis techniques to the set of
evaluation tools the staff would use in the next Plan. Although in many
respects a well established technique, portfolio analysis relies on
specialized techniques, assumptions, and data. The System Analysis
Advisory Committee (SAAC) provides peer review over and guidance on this
endeavor.
The System Analysis Advisory Committee is a forum for sharing
information and expertise about portfolio-based risk management data and
techniques. The participants in this group have been chosen because of
their technical knowledge in the areas of finance, multivariate
statistics, engineering economics, or power systems planning and
operation. |
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