The Oakland Center
California State University, East Bay
1000 Broadway, Suite 109
Oakland, CA 94607
January 8 – 9, 2020
Course Description:
Electricity markets have been restructured in fundamental ways over the last 25 years resulting often in markets that are subject to both competition and regulation. Drawing heavily on the tools of economics, this course will cover the fundamental concepts of competitive electricity markets, their potential efficiencies, and the incentive structures created under these restructured markets. Day Two will examine retail rate design and the role of traditional utilities in the transmission and distribution sectors.
Day One: Wednesday, January 8 |
|
| Continental Breakfast | 8:30 am – 9:00 am |
| Session 1: Competitive Wholesale Electricity Markets | 9:00am – 10:30am |
| Session 2: Market Power in Electricity Markets | 10:45am – 12:15pm |
| Lunch Break | 12:15pm – 1:30pm |
| Session 3: Economics of Renewable Energy | 1:30pm – 3:00pm |
| Session 4: Capacity Markets and Resource Adequacy | 3:15pm – 4:45pm |
Day Two: Thursday, January 9 |
|
| Continental Breakfast | 8:30 am – 9:00 am |
| Session 5: Retail Rate Design | 9:00am – 10:30am |
| Session 6: Retail Competition and Pricing | 10:45am – 12:15pm |
| Lunch Break | 12:15pm – 1:30pm |
| Session 7: Energy Externalities | 1:30pm – 3:00pm |
| Session 8: Environmental Caps and Intensity Standards | 3:15pm – 4:45pm |
Lecturers
Severin Borenstein is E.T. Grether Professor of Business Administration and Public Policy at the Haas School of Business. He received his A.B. from U.C. Berkeley and Ph.D. in Economics from M.I.T. He served on the Board of Governors of the California Power Exchange from 1997 to 2003. In 2012-2013, he served on the Emissions Market Assessment Committee that advised the California Air Resources Board on the operation of California’s Cap and Trade market for greenhouse gases. In 2014, Borenstein was appointed to California Energy Commission’s Petroleum Market Advisory Committee, which he has chaired since 2015. In 2015, he was also appointed to the Advisory Board of the Bay Area Air Quality Management District.
James Bushnell is professor of economics at the University of California at Davis. He received his B.S. from the University of Wisconsin in 1989 and Ph.D. in Industrial Engineering and Operations Research from UC Berkeley in 1993. He has served on the California Independent System Operator’s Market Surveillance Committee since 2002. In addition, Dr. Bushnell served on the California Power Exchange’s Market Monitoring Committee and on the California Air Resources Board’s Economic Assessment and Allocation Committee for its cap-and-trade program. In 2012-13, he served on the Emissions Market Assessment Committee to the California Air Resources Board (ARB) and is currently advising the ARB on the modeling and economic analysis of climate policy.
Cost for two-day course
Government/Non-Profit rate
$625 (early registration on or before December 20, 2019)
$675 (registration on or after December 21, 2019)
Private-Sector rate
$1,625 (early registration on or before December 20, 2019)
$1,675 (registration on or after December 21, 2019)