2nd Annual POWER Conference on
Energy Research and Policy
March 14, 1997
Clark Kerr Campus
Joseph Wood Krutch Theatre
2601 Warring Street
University of California, Berkeley
THE CONFERENCE
Organized by the University of California’s Energy Institute’s Program on Workable Energy Regulation, this conference presents the work of leading researchers on electricity industry restructuring. Their work directly addresses a number of critical policy concerns including competition in a deregulated market, market design and financial instruments, ancillary services, and demand-side managment. Discussants of the work will include both researchers and practitioners.
The Agenda
8:00 – 9:00 — Registration
Continental Breakfast
9:00 – 9:15 — Welcome
Severin Borenstein, UCEI Director, POWER
9:15 – 12:30
“A Market Power Model with Strategic Interaction in Electricity Networks,” William Hogan, Harvard University
“An Empirical Analysis of Market Power in a Deregulated California Electricity Market,” Severin Borenstein and James Bushnell, UC Berkeley and UCEI
Discussants
Paul Joskow, MIT
Shmuel Oren, UC Berkeley
Break (10:40 – 11:00)
“The Electricity Contract Market in England and Wales,” Richard Green, University of Cambridge
“Strategic Bidding in a Multi-unit Auction: Evidence from the England-Wales Electricity Spot Market,” Catherine Wolfram, Harvard University
Discussants
Michael Moore, California Energy Commission
12:30 – 1:45 — Luncheon
1:45 – 5:00
“Estimating Customer Level Demand Under Real-Time Electricity Pricing,” Frank Wolak and Robert Patrick, Stanford University and Rutgers University, respectively
Discussants
David Newbery, University of Cambridge
Break (2:30 – 2:50)
“Activity Rules for a Power Exchange” Robert Wilson, Stanford University
“Incentive Effects of Power Exchange Auction Protocols,” Raymond Johnson and Alva Svoboda, PG&E
“An Analysis of the California WEPEX Applications to FERC,” Steven Stoft, UCEI and LBNL
Discussants
Richard O’Neil, FERC
Larry Ruff, Putnam, Hayes, & Bartlett
5:00 – 6:00 — Reception
We would like to thank our conference sponsors:
