Buehler Alumni Center
University of California, Davis
Davis, CA 95616
July 31 – August 1, 2012
Energy market operations and environmental regulation have increasingly become intertwined. An understanding of one is crucial for a complete understanding of the other. Drawing heavily on the tools of economics, this course will cover the fundamental concepts behind various approaches to environmental regulation and their impacts on energy markets. The consequences of various regulatory strategies will be examined in the context of the continuing changes in the organization and regulation of energy markets.
|Session 1: Fundamentals of Electricity Regulation||9:30am – 11:00am|
|Session 2: Competitive Wholesale Electricity Markets||11:15am – 12:45pm|
|Lunch Break||12:45pm – 1:45pm|
|Session 3: Market Power in Electricity Markets||1:45pm – 3:15pm|
|Session 4: Energy Externalities||3:30pm – 5:00pm|
|Session 5: Regulating the Environment: Taxes vs. Emissions Limits||9:00am – 10:30am|
|Session 6: The Economics of Cap-and-Trade Mechanisms||10:45am – 12:15pm|
|Lunch Break||12:15pm – 1:30pm|
|Session 7: Cap-and-Trade: Implementation Issues||1:30pm – 3:00pm|
|Session 8: Economics of Renewable Energy||3:15pm – 4:45pm|
Severin Borenstein, E.T. Grether Professor of Business Administration and Public Policy at the Haas School of Business, U.C. Berkeley.
James Bushnell, Associate Professor, Department of Economics, U.C. Davis.
Cost for two-day course:
$625 (early registration on or before July 2, 2012)
$675 (registration on or after July 3, 2012)
$1,625 (early registration on or before July 2, 2012)
$1,675 (registration on or after July 3, 2012)
Lunch will be provided on both days.
Reserved parking in the South Entry Parking Structure is available for $10.00 and must be selected during registration.
Non-reserved, visitor parking is $7.00 per day and can be found in either the South Entry Parking Structure, located off of Hilgard Lane, or Visitors Lots 1 & 2, located behind the South Entry Parking Structure.