Sixth Annual Research Conference on

Electricity Industry Restructuring
March 16, 2001
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 Program on Workable Energy Regulation (POWER), this conference presents the work of leading researchers on electricity industry restructuring.  Their work directly addresses a number of critical policy concerns including price-responsive demand, market power, auctions, and the impact of environmental regulations. Discussants of the work will include both researchers and practitioners.

For Information

POWER Conference
University of California Energy Institute
2539 Channing Way #5180
Berkeley, CA 94720-5180
Phone: 510-642-9588
Fax: 510-643-5180
E-mail: ucenergy@socrates.berkeley.edu

 

 
 
 
 
 
 
 
 
 

 The Sponsors

California Energy Commission
California Independant System Operator
CPUC Office of Ratepayer Advocates (with TURN and UCAN)
Southern California Edison
 

The Agenda

8:00 - 9:00 --- Registration

Continental Breakfast 9:00 - 9:15 --- Welcome Severin Borenstein, UC Berkeley & UCEI, Co-Director of POWER 9:15 - 12:30 "Bidding Asymmetries in Multi-Unit Auctions: Implications of Bid Function Equilibria in the British Spot Market for Electricity" by Greg Crawford, Duke University, Joe Crespo, NERA, and Helen Tauchen, University of North Carolina

"Pricing and Firm Conduct in California's Deregulated Electricity Market" by Steve Puller, UC Berkeley

Discussants:

Anjali Sheffrin, California Independant System Operator
Peter Cramton, University of Maryland
 
 

 Break "Identification and Estimation of Cost Functions Using Observed Bid Data: An Application to Electricity Markets" by Frank Wolak, Stanford University

"Forward Contracts and the Curse of Market Power" by Jeffrey Lien , University of Maryland

Discussants:

Richard Green, University of Hull
Nancy Rose,  MIT

 12:30 - 1:45 --- Luncheon

1:45 - 5:00

"The Impact of Retail Rate Deregulation on Electricity Consumption in San Diego" by James Bushnell and Erin Mansur, UC Berkeley

"Consumption and Home Energy Costs: How Prevalent is the 'Heat or Eat' Decision?" by Julie Berry Cullen, University of Michigan, Leora Friedberg, University of Virginia, and Catherin Wolfram, UC Berkeley
 

Discussants:

Art Rosenfeld, California Energy Commission and UC Berkeley
John Quigley,  UC Berkeley
 


Break

"A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000" by Paul Joskow, MIT, and Edward Kahn, Analysis Group

"Electricity Restructuring and the Cost of Pollution Reduction" by Dallas Burtraw, Karen Palmer, Ranjit Bharvirkar, and Anthony Paul, Resources for the Future

Discussants:

Severin Borenstein, UC Berkeley & UCEI
Mike Florio, TURN & California ISO Governing Board

 5:00 - 6:00 --- Reception