2004 POWER Conference
on Energy Research and Policy
March 19, 2004
Clark Kerr Campus
Joseph Wood Krutch Theatre
2601 Warring Street
University of California, Berkeley
THE CONFERENCE
Organized by the University of California Energy Institute’s (UCEI) Center for the Study of Energy Markets (CSEM), the conference presents the work of leading researchers on some of the most challenging issues facing the electricity industry. This year, the papers directly address issues of climate change, cap-and-trade mechanism, tariff restructuring, energy efficiency, and electricity market design. Discussants of the work will include both researchers and practitioners.
Program:
Morning Sessions
8:00am-9:00am: Registration and Continental Breakfast
9:00am-9:15am: Welcome
9:15am-10:45am: Session 1
“A Comparison of Price Patterns in Deregulated Power Markets,” Peter Flynn and Katherine Ying Li, University of Alberta
“The Natural Number of Forward Markets for Electricity,” Hiroaki Suenaga and Jeffrey Williams, UC Davis
Discussants:
Severin Borenstein, UC Berkeley and UCEI
Christopher R. Knittel, UC Davis
Break
11:10am-12:40pm: Session 2
“Reliability and Competitive Electricity Markets,” Paul Joskow, MIT and Jean Tirole, Toulouse and MIT
“Resource Adequacy and Market Power Mitigation via Option Contracts,” Hung-po Chao, EPRI and Robert Wilson, Stanford University
Discussants:
Stephen Holland, University of North Carolina-Greensboro
Harry Singh, FERC
12:40pm-2:10pm: Lunch
2:10pm-2:15pm: Welcome Back
2:15pm-3:00pm: Session 3
“Testing Strategic Models of Firm Behavior in Restructured Electricity Markets: A Case Study of ERCOT,” Steve Puller, Texas A&M and Ali Hortacsu, University of Chicago
“Market Structure and Competition: A Cross-Market Analysis of US Electricity Restructuring,” James Bushnell, UCEI, Erin Mansur, Yale University and Celeste Saravia, UC Berkeley and UCEI
Discussants:
Frank Wolak, Stanford University
Al Klevorick, Yale University
Break
3:25pm-4:55pm: Session 4
“Recent Blackouts in the US, Canada, and Continental Europe: Is Liberalisation to Blame?” Janusz Bialek, University of Edinburgh
“Has Restructuring Improved Operating Efficiency at US Electricity Generating Plants?” Kira Markiewicz, UC Berkeley, Catherine Wolfram, UC Berkeley and UCEI, and Nancy Rose, MIT
Discussants:
Joe Eto, Lawrence Berkeley National Laboratory
Joe Bowring, PJM
4:55pm-5:00pm: Closing Remarks
5:00pm-6:30pm: Reception
We would like to thank our conference sponsors:
