2022 POWER Conference on Energy Research and Policy

March 11, 2022

About the Conference:

The Energy Institute’s annual POWER Conference on energy research and policy took place on Friday, March 11, 2022 from 8:00am – 6:30pm PST in Spieker Forum (6th Floor of Chou Hall), Haas School of Business, UC Berkeley.

POWER brings together outstanding scholars and policy and business professionals from around the world to exchange ideas and discuss research results on energy markets and regulation.


8:00am – 8:45am: Registration and Continental Breakfast

8:45am – 9:00am: Welcome Remarks

9:00am – 10:30am: Session 1

“The Value of Infrastructure and Market Integration: Evidence from Renewable Expansion in Chile”
Luis Gonzales (Pontificia Universidad Catolica de Chile), Koichiro Ito* (University of Chicago), and Mar Reguant (Northwestern University)

“Decomposing the Effect of Renewables on the Electricity Sector”
Paige Weber* (University of North Carolina at Chapel Hill) and Matt Woerman (University of Massachusetts Amherst)

Discussants: Frank Wolak (Stanford University) and Sashwat Roy (Renewable Northwest)

10:30am – 10:55am: Break

10:55am – 12:25pm: Session 2

“Start-up Costs and Market Power: Lessons from the Renewable Energy Transition”
Akshaya Jha* (Carnegie Mellon University) and Gordon Leslie (Monash University)

“Aftershock: Market Power in Alberta’s Electricity Market 20 Years After Restructuring”
David Brown (University of Alberta), Andrew Eckert (University of Alberta), and Blake Shaffer* (University of Calgary)

Discussants: Erin Mansur (Dartmouth College) and Amelia Blanke (California Independent System Operator)

12:25pm – 1:30pm: Lunch

1:30pm – 3:00pm: Session 3

“Technology Transitions and Timing of Environmental Policy: Evidence from Efficient Lighting”
Sarah Armitage* (Harvard University)

“Restructuring the Rate Base”
Steve Cicala* (Tufts University)

Discussants: Lucas Davis (University of California, Berkeley) and Matt Rogers (Mission Possible Partnership)

3:00pm – 3:30pm: Break

3:30pm – 5:00pm: Session 4

“Let’s Get Organized! Long-Term Market Design for a High Penetration Grid”
Eric Gimon* (Energy Innovation LLC)

“Private Risk and Social Resilience in Liberalized Electricity Markets”
Michael Craig (University of Michigan), Lynne Kiesling (University of Colorado-Denver), Joshua Macey* (University of Chicago), Jacob Mays (Cornell University), Blake Shaffer (University of Calgary), and Han Shu (Cornell University)

Discussants: James Bushnell (University of California, Davis) and Nick Pappas (NP Energy LLC)

5:00pm – 5:05pm: Closing Remarks

5:05pm – 6:30pm: Reception

*Denotes presenter

We Would Like to Thank Our Sponsors: