On The Insider: Jenna Jameson is Pregnant
Find Articles in:
all
Business
Reference
Technology
News
Sports
Health
Autos
Arts
Home & Garden
advertisement
advertisement

Content provided in partnership with
Thomson / Gale

World Energy to Present at Carbon Counting 2008 Conference

PR Newswire,  July 15, 2008  

Jonathan Harvey to present best practices for implementing greenhouse gas (GHG) allowance auctions

WORCESTER, MA, July 15 /PRNewswire-FirstCall/ -- World Energy Solutions, Inc. (TSX: XWE), a leading operator of online exchanges for energy and environmental commodities, today announced that Jonathan Harvey, VP, Government will present a session on The Art and Science of Implementing Greenhouse Gas Allowance Auctions at this week's Carbon Counting 2008 (http://www.frallc.com/conference.aspx?ccode=B616) Conference in Chicago.

  Session Details
  -   Date: Tuesday, July 15, 2008
  -   Time: 2:15 p.m. CT
  -   Location: Embassy Suites Chicago Downtown
  -   511 N. Columbus Drive Chicago, IL

  Session Agenda
  -   World Energy Overview
  -   Current National Cap and Trade Legislation
      -  Candidates' Stand on Auctioning Allowances
  -   Current Cap and Trade Programs
      -  Discussion of EU ETS and RGGI
      -  Overview of RGGI
  -   Why Auction Allowances
      -  Historical and Theoretical Perspectives
      -  Economic Rationale
  -   Allowance Auction Formats and Features
  -   Implementation Challenges

  World Green Exchange to Host First Mandatory CO(2) Allowance Auction


The Regional Greenhouse Gas Initiative (http://www.rggi.org/) (RGGI) announced in April that it has selected World Energy Solutions to provide services related to the design and implementation of a regional allowance auction. Friday, the ten Northeast and Mid-Atlantic States participating in RGGI issued a preliminary release (http://www.rggi.org/docs/20080711news_release.pdf) of technical materials for market participants interested in bidding in the first-in-the nation auction of carbon dioxide (CO(2)) allowances on September 25.

About World Energy Solutions, Inc.

World Energy operates leading online exchanges for energy and environmental commodities. Our proven approach provides market intelligence, promotes liquidity, and creates price transparency for all market participants, enabling our customers to transact with confidence and to seek the best possible price. To date, the company has transacted over 42 billion kwh of electricity, and nearly 1bb kwh of green power and Renewable Energy Certificates (RECs) and one trillion cubic feet of natural gas. For more information, please visit http://www.worldenergy.com/.

This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to: our revenue is dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; we depend on a small number of key energy consumers, suppliers and channel partners; there are factors outside our control that affect transaction volume in the electricity market; and there are other factors identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.

CONTACT: Investor Relations, Phil Adams, World Energy Solutions, Inc., (508) 459-8100, padams@worldenergy.com or Craig Armitage, The Equicom Group, (416) 815-0700 x278, carmitage@equicomgroup.com; Media Relations, Jason Brown, Horn Group, (646) 202-9759, jbrown@horngroup.com

COPYRIGHT 2008 PR Newswire Association LLC
COPYRIGHT 2008 Gale, Cengage Learning