NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Economics of Electricity Markets and Regulation Workshop

Authors Please upload your paper and slides here. Discussants Please upload your slides here.

James B. Bushnell and Mar Reguant, Organizers

May 28-29, 2019


Hyatt Regency Lake Tahoe Resort
Martis Peak AB
111 Country Club Drive
Incline Village, NV

Conference Code of Conduct

Tuesday, May 28
The meeting will be organized around market themes and policy topics. Each Session will feature short presentations by panelists and discussants followed by an open discussion.
9:30 am
Continental Breakfast
10:00 am
Panel: Capacity Markets and Wholesale Market Outcomes
Johannes Pfeifenberger, The Brattle Group
Matthew White, ISO New England
Frank Wolak, Stanford University and NBER
Slides
11:15 am
Coffee Break
11:45 am
Panel: Transmission and Distribution Investment and Cost Recovery
Paul L. Joskow, Massachusetts Institute of Technology and NBER
Beia Spiller, Environmental Defense Fund
Slides

Slides
1:00 pm
Lunch - Martis Peak C
2:00 pm
Short Course: Power Systems for Economists: Transmission Systems
Alexandra von Meier, University of California at Berkeley
3:30 pm
Coffee Break
4:00 pm
Short Course: Power Systems for Economists: Distribution Systems
Alexandra von Meier, University of California at Berkeley
Slides
5:30 pm
Adjourn
6:30 pm
Reception and Dinner - Regency A
Wednesday, May 29
8:00 am
Continental Breakfast
8:30 am
Integration of Renewable Energy in Wholesale Markets
Gordon W. Leslie, Monash University
Akshaya Jha, Carnegie Mellon University
How does Rooftop Solar Penetration Affect Generator Efficiency and Market Power? (slides)
James E. Archsmith, University of Maryland
Adjustment on the Margin: Evaluating Emissions Reduction Policies in the Face of Short-Run Adjustment Costs (slides)

(discussant slides)
Discussant: Erin T. Mansur, Dartmouth College and NBER
10:00 am
Coffee Break
10:30 am
Wholesale Market Competition and Performance
Shaun McRae, ITAM
Market Power in Cost-Based Wholesale Electricity Markets: Evidence from Mexico (slides)
Mar Reguant, Northwestern University and NBER
Renewables, Market Design and Competition (slides)
Discussant: James B. Bushnell, University of California at Davis and NBER
12:00 pm
Lunch - Cutthroat's Saloon
1:00 pm
Retail and Wholesale Market Structure
Ignacia Mercadal, Columbia University
Alexander MacKay, Harvard University
Shades of Integration: The Restructuring of the U.S. Electricity Markets (slides)
David P. Byrne, University of Melbourne
Leslie A. Martin, University of Melbourne
Jia Sheen Nah, University of Melbourne
Price Discrimination, Search, and Negotiation in an Oligopoly: A Field Experiment in Retail Electricity (slides)

(discussant slides)
Discussant: Severin Borenstein, University of California at Berkeley and NBER
2:30 pm
Coffee Break
3:00 pm
Retail Pricing and Tariff Design
David S. Rapson, University of California at Davis
Do Electricity Rates Affect Energy Efficiency Investment? Empirical Evidence
Blake C. Shaffer, University of Calgary
Misunderstanding Nonlinear Prices: Evidence from a Natural Experiment on Residential Electricity Demand (slides)

(discussant slides)
Discussant: Arik Levinson, Georgetown University and NBER
5:00 pm
Adjourn
 
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