 My name is Andrew Cleed, I'm Professor of Energy and Environmental Economics here at Penn State and I'm also Program Officer for the Energy Business and Finance Program. I'm pretty recently working here, I worked at Louisiana State University and for the Federal Trade Commission in Washington, D.C. and I have a PhD in Economics from Yale University. My current research topic deals with electricity issues and electricity supply issues. And this is very interesting for a couple of different reasons. One of which is that many people, perhaps including myself, are trying to deregulate electricity markets. But deregulating electricity markets is not as easy as, say, deregulating telephone or airline markets. Electricity is a funny creature that goes where it wants and setting up the institutions to do that is very difficult. And the need for me and other economists interested in electricity issues, if you think about the issues in 2000, 2001 in California, where a purportedly restructured system completely crashed. So here in Pennsylvania we have a very effective restructured system. And in particular, that system is well suited to pick up the additional demands that our state legislators and our federal legislators are imposing of renewable energy sources that each state will now have a certain amount of power that will have to be renewable in this state in large part wind power. But wind power has its own interesting issues because if you think about electricity grid, you don't want the electricity grid to crash. And because electricity isn't storable, you need supply to equal demand at all times. But what happens if you base 20% of your grid on wind power and one day the wind stops blowing? Do the lights go out? This is a very difficult problem and a problem that we'll be studying for some time. And that's where my current research interests lie. I just want to say that a famous person who is George Bush's first secretary, Ari Fleischer, who's bald like me, I just want to say in college I taught him, when I was news director at the college radio station, I taught him how to be a newscaster. And yet I picked up his biography and he didn't mention me. And I'm still annoyed. So Ari, if you're out there, send me some love.