2007 POWER Conference
on Energy Research and Policy
March 23, 2007

Clark Kerr Campus
Joseph Wood Krutch Theatre
2601 Warring Street
University of California, Berkeley


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.


Morning Sessions

8:00am-9:00am: Registration and Continental Breakfast

9:00am-9:15am: Welcome

9:15am-10:45am: Session 1

“Incomplete Environmental Regulation and Leakage in Electricity Markets.” Meredith Fowlie (University of Michigan),

James Bushnell (UC Energy Institute), Carla Peterman (UC Berkeley) and Catherine Wolfram (UC Berkeley), “Local Solutions to Global Problems?: California’s Greenhouse Gas Policies.”

Lawrence Goulder, Stanford University
Dan Skopec, California Environmental Protection Agency


11:10am-12:40pm: Session 2

Olivier Deschenes (UC Santa Barbara) and Michael Greenstone (MIT), “Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US.”

Ryan Kellogg and Hendrik Wolff (UC Berkeley), “Does Extending Daylight Saving Time Save Energy? Evidence from an Australian Experiment.”

Ted Gayer, Georgetown University and Public Policy Institute of California
Matthew Kotchen, UC Santa Barbara

12:40pm-2:10pm: Lunch

2:10pm-2:15pm: Welcome Back

2:15pm-3:00pm: Session 3

Erin Mansur (Yale University) and Matthew White (University of Pennsylvania), “Market Organization and Market Efficiency in Electricity Markets.”

Eric Schubert, David Hurlbut, Parviz Adib (Public Utility Commission of Texas) and Shmuel Oren (UC Berkeley), “The Texas Energy-Only Resource Adequacy Mechanism.”

Peter Fox-Penner, The Brattle Group
Frank Wolak, Stanford University and UC Energy Institute


3:25pm-4:55pm: Session 4

Thomas Lyon and Eun-Hee Kim (University of Michigan), “Greenhouse Gas Reductions or Greenwash?: The DOE’s 1605b Program.”

Richard Green (University of Birmingham), “Carbon Tax or Carbon Permits: The Impact on Generators’ Risks.”

Joe Aldy, Resources for the Future  
Charles Rossmann, Southern Company

4:55pm-5:00pm: Closing Remarks

5:00pm-6:30pm: Reception