KEY ISSUES IN THE NORTH AMERICAN POWER BUSINESS

The North American power business needs substantial infrastructure investment over the coming decade. But decisions will have to be made under significant uncertainties about volatile fuel prices, the evolving nature of hybrid power markets, tightening environmental rules, new technologies, future policies and regulations, and long-term economic growth.

During CERAWeek, February 6-10, 2006, energy business leaders, Wall Street investors, government officials, and CERA experts presented their views and debated these challenging issues with each other and with over 1,600 conference delegates. This CERA Special Report provides highlights of the discussions and key insights.

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CERA Reports Online, a wholly owned subsidiary of IHS Energy, is a leading advisor to international energy companies, governments, financial institutions, and technology providers. CERA delivers critical knowledge and independent analysis on energy markets, geopolitics, industry trends, and strategy. CERA's expertise covers all major energy sectors--oil and refined products, natural gas, and electric power--on a global and regional basis.