2023 POWER Conference on Energy Research and Policy

March 24, 2023


About the Conference:

The Energy Institute’s annual POWER Conference on energy research and policy took place on Friday, March 24, 2023 from 8:00am – 6:30pm PDT in Spieker Forum (6th Floor of Chou Hall), Haas School of Business, UC Berkeley.

POWER brings together outstanding scholars with 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

“Electricity Retail Rate Design in a Decarbonizing Economy: An Analysis of Time-of-Use and Critical Peak Pricing”
Paul Joskow (Massachusetts Institute of Technology), Dharik Mallapragada (Massachusetts Institute of Technology), Tim Schittekatte* (Massachusetts Institute of Technology/European University Institute), and Richard Schmalensee (Massachusetts Institute of Technology)

“The Efficiency of Dynamic Electricity Pricing Schemes” 
Mark Jacobsen (University of California, San Diego), Christopher Knittel (Massachusetts Institute of Technology), James Sallee* (University of California, Berkeley), and Arthur van Benthem (The Wharton School, University of Pennsylvania)

Discussants: Hunt Allcott (Stanford University) and Dan Buch (California Public Utilities Commission)

10:30am – 10:50am: Break

10:50am – 12:20pm: Session 2

“Rate of Return Regulation Revisited”
Stephen Jarvis (The London School of Economics and Political Science) and Karl Dunkle Werner* (U.S. Treasury; affiliation listed for identification purposes only, not speaking in an official role.)

“The Impact of CCAs on Decarbonization in California”
Bruce Cain (Stanford University), Roger Noll (Stanford University), Alison Ong* (Stanford University), and Rayan Sud (Stanford University)

Discussant: Steve Cicala (Tufts University) and Hayley Goodson (The Utility Reform Network)

12:20pm – 1:30pm: Lunch

1:30pm – 3:00pm: Session 3

“Transmission Impossible? Prospects for Decarbonizing the US Grid” 
Lucas Davis* (University of California, Berkeley), Catherine Hausman (University of Michigan), and Nancy Rose (Massachusetts Institute of Technology)

“An Empirical Analysis of the US Generator Interconnection Policy”
Sarah Johnston* (University of Wisconsin-Madison), Yifei Liu (University of Wisconsin-Madison), and Chenyu Yang (University of Maryland)

Discussants: Will Gorman (Lawrence Berkeley National Laboratory) and Neil Millar (California Independent System Operator)

3:00pm – 3:30pm: Break

3:30pm – 5:00pm: Session 4

“Centralized vs Decentralized Demand Response: Evidence from a Field Experiment”
Megan Bailey* (University of Calgary), David Brown (University of Alberta), Blake Shaffer (University of Calgary), and Frank Wolak (Stanford University)

“The Economics of Electricity Reliability”
Severin Borenstein (University of California, Berkeley), James Bushnell* (University of California, Davis), and Erin Mansur (Dartmouth College)

Discussants: Meredith Fowlie (University of California, Berkeley) and Walter Graf (PJM Regional Transmission Organization)

5:00pm – 5:05pm: Closing Remarks

5:05pm – 6:30pm: Reception

*Denotes presenter