NERA Affiliated Consultant Mike King was invited by Financier Worldwide to participate in a roundtable discussion with fellow experts from the energy and utilities sector. In the resulting article, the panel examines the current state of the energy industry in light of the economic crisis and environmental concerns. Mr. King discusses major trends that have emerged, noting that government policy is having a particularly disruptive effect on the industry. He and his co-panelists examine a range of timely issues, including the push for renewable energy, the future of nuclear generation, developments in gas-related projects such as pipelines and LNG, the outlook for climate change legislation and regulation, key challenges in power supply and demand, and recent M&A activity. The roundtable was moderated by Jeffrey R. Holzschuh, Chairman of the Global Power and Utility Group at Morgan Stanley.