The dynamic forces of competitive energy supply launched by FERC Orders No. 888, 889 and 2000 and the many recent initiatives and decisions have unleashed dramatic changes in the electricity industry. The mega-blackout of August 14, 2003 reinforced the criticality of transmission in ensuring the reliability of the nation’s electricity supply. The numerous sweeping changes of the EPACT of 2005 and of the 2007 Energy Independence and Security Act are extensively impacting the energy infrastructure, in general, and the transmission grid, in particular. The recently enacted American Recovery and Reinvestment Act of 2009 has brought new focus on the implementation of the smart grid and the integration of renewable resources. At the same time, there is starting to develop a consensus in the industry on the critical need to stimulate transmission investment to modernize the aging grid and to integrate the increasing penetration of renewable resources. To ground interested industry participants in the essential aspects of this rapidly evolving industry, the up-to-date 2009 version of the highly-touted Transmission Business School is being offered in Chicago in June 2009.