Ninth Annual POWER Research Conference on

Electricity Industry Restructuring

 

 

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), this conference presents the work of leading researchers on electricity industry restructuring.  Their work directly addresses a number of critical policy concerns including price volatility, forward contracting, resource adequacy, system reliability, market power, and efficiency.   Discussants of the work will include both researchers and practitioners.
 

 

For Information

POWER Conference

Center for the Study of Energy Markets

University of California Energy Institute

2547 Channing Way , M.C. 5180

Berkeley, CA 94720-5180

Phone: 510-642-9590

Fax: 510-643-5180

E-mail: ucei@berkeley.edu

 

Sponsors

 

Alameda Power & Telecom

California Energy Commission

California Independent System Operator

California Public Utilities Commission

Canadian Consulate General

Cornerstone Research

Pacific Gas & Electric

Sempra Energy

Southern California Edison

 

Agenda

8:00 - 9:00 --- Registration

Continental Breakfast

9:00 - 9:15 --- Welcome

 

9:15 - 12:30

 

"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

"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, Federal Energy Regulatory Commission

 

 

12:30 - 1:45 --- Luncheon

 

1:45 - 5:00

"Testing Strategic Models of Firm Behavior in Restructured Electricity Markets:   A Case Study of ERCOT," Ali Hortacsu, University of Chicago and Steve Puller, Texas A&M

 

"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

Joe Bowring, PJM

 

Break

 

"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

Al Klevorick, Yale University

 

5:00 - 6:00 --- Reception