A Simulated Electricity Market Auction Lights Up Lucas Davis’s Energy Markets Course

February 28, 2022

Lucas Davis, Faculty Affiliate, has been recognized for his teaching in the Energy and Environmental Markets class at Haas.

“The Electricity Strategy Game (ESG) and auction are highlights of the Energy Markets course that Berkeley Haas Professor Lucas Davis teaches each spring. He names the student auction teams in honor of prize-winning economists. ‘The ESG is a fun opportunity to put into practice the work we do in the class,’ Davis said. ‘We start with a simple cost structure, and then later introduce transmission constraints, different auction formats, and even a carbon tax.'”