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Doug Williams, Jason Smith, Jim Hackett, and Mike Buell attended the three day Who Will Own the Forest Conference (WWOTF) in Portland, Oregon. The conference is the must attend event for professionals involved in national and international timberland investment including institutional investors, TIMOs, REITS, land managers, forest companies, and consultants.

This was our fifth year attending the conference and we are always amazed at the amount of investment activity in timberlands. Below is a snippet from the WWOTF website: "It is estimated that institutional investors now own more than 25 million acres of U.S. forests, worth more than US$50 billion. Investors are allocating part of their portfolios to forestland as they seek diversification, inflation protection, and potentially higher rates of return than the bond or equity markets."

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Transmission Lines Workshop

Jason Smith and Glenn Sutherland attended a 1-day short-course & workshop organized by Clean Energy BC. The title was: Transmission Line Experiences and challenges for Clean Energy Projects and Industrial Projects. The target audience was developers of independent power projects (IPPs). A key objective for attending the workshop was to learn about how transmission lines are sited to assist with modeling this component of development.

The day was well structured, starting with general issues (the BC energy grid and future scenarios for energy demand), a brief intro on the electrical physics of hooking up to the grid, and then a series of talks on permitting, design, siting, costs, and maintenance of transmission lines. It was a full day and provided us with a very worthwhile education on the topic.

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