Energy
Much of my consulting work has involved analyzing electricity-related issues in regulatory and litigation matters. Among other things, I have evaluated the effect of spot prices on forward prices, imports and exports of power in California, entry conditions and occurrences, and rules and likely market impacts of proposed capacity payments in New England.
My dissertation is titled Issues in the Deregulation of the Electric Industry. I have also authored several papers related to the electric industry, from the appropriate rate of return for regulated companies to contemporary issues such as capacity payments, and the effect of the repeal of PUHCA on mergers in the industry.
Selected energy-related consulting experience:
- Analyzed allegations of manipulative trading of energy derivative products. (2007–2009)
- Evaluated the reasonableness of wholesale electricity prices resulting from the 2006 Illinois auction. (2007)
- Evaluated market definition issues as well as regulatory and market changes affecting the sale of electricity in California and the western U.S. (2004-05)
- Analyzed market power, generator availability, shape of the demand curve, and role of historical capacity levels in support of FERC testimony regarding the proposal for a locational installed capacity market in New England. (2004-05)
- Provided analytical support for testimonies at FERC regarding the California electricity crisis (transmission constraints, calculation of rebates under various scenarios, and trading practices of electric generator during 2000 and 2001). (2001-03)
- Developed business models for electric power retailer Electric Lite, LLC. (1997)