Julio Villarreal

we met professor Julio Villarreal on Wed where he gave a presentation/lecture on the electricity system in Colombia and their plan when there is a shortage of water.  63% of Colombia's electricity supply is generated by hydro so when there is a drop in water levels it affects the country's supply.  Professor Villareeal decribe the options market that has developed to ensure electricity flow during the times El Nino hits (like it is right now).

Professor Villarreal set up two presentations for us in the afternoon with ISA (electricity transporter) and XM (administrator of the electricity market).

Afterwards Professor Villarreal took us to dinner at  Aurnes (sp)?  It is a restaurant bar that has 8 floors and is a restarurant by day and disco by night.  They have people who are dressed up constantly walking the floors entertaining patrons.  Oh yeah - did you know it was Richard Dixon's birthday today?

A very big thank you to Professor Villarreal who was a great host and a very nice and interesting man.