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CSPAN2 Key Capitol Hill Hearings December 5, 2013

They made an effort to make sure we had a 30 day turnaround to make sure it would be effective before we go into the really tight season this year. They deserve some things for that. On electric reliability we have an independent issue on the effectiveness of the antiwar the committee to be aware of the fact that we are looking at some potentially pretty tight situations. At the midcontinent independent system operator perhaps as early as the summer of 2015 but certainly as soon as the summer of 2016. Its something i think really deserves your attention. I know they are working heavily with the states to come up with solutions. We are happy to let them solve it a but the time is tight. They can tell you the numbers but we are looking at small reserve margins for the footprint and we recall that under the agreement they all share the surplus but they also share the deficits so if there is a regional deficit, the pain will be shared in terms of frankly rolling blackouts if it comes to th ....

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