Tuesday, March 6, 2018
7:30 am -11:00 am ACC Board of Directors Meeting
12:00 pm - 5:00 pm ACC Golf Tournament | Business Networking Time
1:00 pm - 4:30 pm Tomorrows Leadership Council Development Seminar (TLC members only)
Ron Rosenberg, "The Business Success and Survival Toolkit"
5:30 pm - 7:00 pm Spring Coal Forum Welcoming Reception
7:30 pm - 9:30 pm Tomorrows Leadership Council Dinner (TLC members & Guests only)
Wednesday, March 7, 2018
7:15 am - 8:15 am Networking Breakfast
8:30 am - 8:45 am Welcome, Antitrust Reminder, and Conference Overview
- Betsy Monseu, CEO, American Coal Council
- Elliott Batson, Vice President Business Development and CCO, Hallador Energy, and President, American Coal Council
8:45 am - 9:30 am Keynote Speaker
Grant Quasha, CEO and Managing Director
Paringa Resources Limited
Grant Quasha joined Paringa Resources Limited as CEO and Managing Director. He is leading the construction and commercialization of the company’s Poplar Grove 2.8 million tons/year mine in the Illinois Basin. Coal production from Poplar Grove is expected to begin in Q3 2018. With Poplar Grove underway and plans for a second mine to follow, Paringa is in a unique industry position with the development new greenfield thermal coal mines in the US.
Mr. Quasha has a background in finance and capital markets, coal sales and marketing, business development and corporate strategy. Prior to joining Paringa Resources, he was Chief Commercial Officer of Bowie Resource Partners, LLC, and previously worked for Trafigura AG and JP Morgan. He has BA with Honors from Harvard College and an MBA with Distinction from Harvard Business School.
Mr. Quasha will discuss the energy playing field, the policies driving decisions about coal investment and utilization, and the prospects for sustained competitiveness of our industry.
9:30 am – 10:00 am Break
10:00 am - 11:30 am Session I: Policy & Regulation
• Department of the Interior Pathways: After lifting the federal coal leasing moratorium, repealing the royalty valuation rule, and undertaking efforts to reexamine Interior’s climate change policies and assess streamlining of National Environmental Policy Act (NEPA) reviews, what’s next for the Department of the Interior?
Todd Wynn, Director of the Office of Intergovernmental and External Affairs, Office of the Secretary, Department of the Interior
• EPA and the Art of the Possible: with EPA’s withdrawal of the Clean Power Plan and initiation of plans around its replacement, how can a pathway to certainty for coal plants be created? What’s possible for New Source Review reform?
Margaret Claiborne Campbell, Partner, Troutman Sanders
• The Tax Act of 2017 – Implications for Coal, Renewables and More: how does the Tax Act of 2017 affect coal, renewable, and other power generation sources? Does it change their relative positions?
Russell Sullivan, Partner, McGuireWoods LLP
11:45 am-12:45 pm Networking Lunch & Golf Awards
1:00 pm -3:00 pm Session II: Markets
• Supply Side Developments and Dynamics: with the pressures from ongoing domestic demand decline and the prospects for sustaining exports, what’s the supply side outlook for coal? Will there be continuing rationalization?
Joe Aldina, Director U.S. Coal Analytics – S & P Global Platts
• Power Play – Trends and Implications for Coal: winter 2018 brought the Polar Vortex 2.0, FERC’s move to continue assessing grid resilience, the offering of record-low renewables development costs, and additional coal plant retirements. What are coal’s future power sector prospects from a markets and policy standpoint?
Wade Schauer, Research Director – Americas Power & Renewables, Wood Mackenzie
• Natural Gas Markets and Implications for Coal: the latest on winter 2018 gas market moves, gas exports, the U.S. role in global oil and gas markets, and the forward view on gas storage and prices.
Bob Yu, Senior Analyst, Quantitative Modeling, S&P Global Platts
3:00 pm - 3:45 pm ACC Annual Membership Meeting
5:00 pm -5:45 pm Board Reception for New & Prospective Members (by invitation)
5:30 pm - 7:00 pm Spring Coal Forum Reception
Thursday, March 8, 2018
7:45 am - 8:45 am Networking Breakfast
8:45 am - 9:30 am Special Guest Speaker
Terry M. Jarrett
former Missouri Public Service Commissioner
and member of the National Association of Utility Regulatory Commissioners
Mr. Terry Jarrett of Healey Law Offices. LLC joins us as to address critical electricity marketplace issues affecting the future of the coal fleet now. Pressures on our nation’s power sector abound, whether from the stresses of meeting demand in “Polar Vortex 2.0” conditions or adapting to increasing amounts of subsidized renewables being built and forced into the marketplace. The U.S. generation stack is changing dramatically, and managing it to meet objectives of affordable, available, and stably-priced electricity supply is becoming more challenging. The recent DOE proposal on grid reliability and resilience which FERC did not adopt would have been a step to addressing some of these stresses and protecting fleet diversity.
As he warned in a recent opinion piece in the Washington Examiner, “There’s an important lesson here – akin to the old adage “you don’t miss your water until your well runs dry”.
Mr. Jarrett will provide important and timely views on how regulators and policymakers must address these changes and challenges affecting both competitive and traditional regulated power markets…..so the well doesn’t run dry.
Mr. Jarrett has experience in all aspects of regulatory affairs, including State Public Service and Utility Commissions, State and Federal regulations, regional transmission planning and operations, and public policy issues. He previously served 6 years beginning in 2007 as Commissioner on the Missouri Public Service Commission, and also served as Chief Legal Counsel to Missouri Governor Matt Blunt. He was a member of the National Association of Utility Regulatory Commissioners (NARUC), and served on its board of directors and as Chairman of the Committee on Critical Infrastructure.
9:30 am -11:30 am Session III: Positioning Coal for the Future
• ERCOT – Competitive Power Market Case Study: with the heavy build-out of subsidized renewables and more baseload coal retirements, what are the risks of this changing generation mix? How is Texas assessing grid reliability and resilience? What are the implications for other states? How should coal respond?
Michael Nasi, Partner, Environmental & Legislative Practice Group, Jackson Walker L.L.P.
• The Real Story, the Real Potential – the Economic and Job Benefits of U.S. Coal: this study undertaken for the Department of Energy examined the economic importance of coal related jobs – finding mining jobs are underreported by 30-40%, taking a deep dive into the impacts of coal-related jobs to regional and local economies, and examining prospects for significantly increasing coal related jobs through economic growth, technology development, tax credits, and R&D.
Roger Bezdek, Ph.D, President, Management Information Services, Inc.
• What to Do, What not to Do – Managing Coal Transportation Relationships: from the unique vantage point of the former Chairman of the Surface Transportation Board, a perspective on shipper-carrier relationships
Daniel Elliott, III, Partner, Conner & Winters, LLP
• Enhancing Coal’s Social Media Effectiveness: a project by the 2017 ACC Tomorrow’s Leadership Council
11:30 am Conference Adjourns