PAnews.com, Port Arthur, Texas

Port Arthur

November 1, 2013

PA native Pat Wood III to discuss energy industry

— The Energy Professionals Association, a non-profit organization committed to upholding the integrity of the deregulated retail energy market, announced that Port Arthur native Pat Wood III, former chairman of the Federal Energy Regulatory Commission and of the Public Utility Commission of Texas, will be this year’s featured speaker during the 2013 conference.

Held on Nov. 14, at the Hotel ZaZa – Dallas, more than 300 of the nation’s top brokers, providers, executives, thought-leaders and policymakers will gather to discuss opportunities and challenges facing the energy procurement industry.

“We’re honored to have Pat Wood as our featured speaker during this year’s annual TEPA conference,” said Michael Harris, president of TEPA. “Wood was the juggernaut of electricity deregulation in Texas when he served as the public utility commissioner.  Under his direction, Texas became the market that debunked critics who suggested deregulation couldn’t succeed in the most robust energy market in the country.  He then parlayed his success in Texas at the federal level as chairman of FERC.  It was during that time he created an epic shift in how the country viewed energy deregulation with competition.”

“I appreciate the opportunity to speak to the members of TEPA at their annual conference,” said Wood.  “TEPA is helping to maintain a business environment where brokers and energy providers learn to work in tandem for the common good of the customer.”

Since his public service, Wood has been active an energy infrastructure developer, focusing on power transmission and power plants.  He also serves as an independent director of four infrastructure companies and is a strategic advisor to Sharyland Utilities/ Hunt Transmission Services and to Natural Gas Partners. While leading FERC, Wood promoted the development of a cleaner, more competitive power generation fleet, liquefied natural gas terminals and a more robust power transmission grid, all in the context of well-ordered, competitive energy markets. In a recent interview in Power magazine, Wood said, “… businesses expect a 21st-century electric grid that provides not only choice and competition, but reliability as well.”

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