TH 37 . IAEE INTERNATIONAL CONFERENCE

JUNE 15–18, 2014 | NEW YORKER HOTEL | NEW YORK CITY, USA ENERGY & THE ECONOMY

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Robert Eric Borgström

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SUPPORTING ORGANIZATIONS MEETING ROOM EXPLANATION & WALKING DIRECTIONS

The 37th IAEE International Conference will take place in three separate properties. These are the Wyndham New Yorker Hotel, the Manhattan 8

Center Grand Ballroom (for all lunches and the Monday night Awards TH dinner) and the Loews Theater where, on the fourth floor, four concurrent AVE. sessions will take place during any given concurrent session time block. The Loews Theater is located directly across from the Manhattan Center. The map at the right is designed to help you visualize where meeting rooms are located. Note that both the Wyndham New Yorker Hotel and the Manhattan Center have a Grand Ballroom. It is easiest to recall that the W 34TH ST. Manhattan Center Grand Ballroom is only used for lunches and the dinner. Further note that coffee breaks will be offered in both the Wyndham New Yorker Hotel and in the Loews Theater, fourth floor lobby. Plenty of food and beverages will be offered during each coffee break to enhance your networking opportunities with colleagues and new friends.

TO GET TO THE MANHATTAN CENTER TH MANHATTAN CENTER GRAND BALLROOM: 7 FLOOR

• From the lobby of the Wyndham New Yorker Hotel look in the corner for the Tick Tock Restaurant and the Transportation Desk. There will be a conference sign that says “Manhattan Center Grand Ballroom / Loews Theater Concurrent Sessions.” Follow these signs to exit the hotel on to 34th street. MANHATTAN CENTER • Exit the hotel and turn right. Staying on the same side of the street walk GRAND BALLROOM approximately 175 feet to the Manhattan Center (right next to the Wyndham New Yorker Hotel). Look for the building sign that says “Manhattan Center, “ • Lunch & Poster Session on your right. • IAEE Awards Dinner • As you enter the Manhattan Center on the lobby level there are elevators to your right and left to the 7th floor (Grand Ballroom floor level). Alternatively, you may take the stairs on the right side of the lobby.

• Have your meal ticket ready for collection before you enter the Grand Ballroom.

TO GET TO THE THEATER • Concurrent LOEWS THEATER: 14 Session Room • From the lobby of the Wyndham New Yorker Hotel look in the corner for the LOEWS Tick Tock Restaurant and the Transportation Desk. There will be a conference 4TH FLOOR sign that says “Manhattan Center Grand Ballroom / Loews Theater Concurrent Sessions.” Follow these signs to exit the hotel on to 34th street.

• Turn right as you exit the hotel. Directly across from the Manhattan Center (left hand side of the street) is the Loews Theater – a traditional motion picture movie complex. Cross the street and enter the Loews Theater. FOOD & BEVERAGE

• Move up the escalators to the 4th floor where four concurrent sessions will be held in theater rooms. Look for conference signage at each escalator landing with arrows that say “Concurrent Sessions.” THEATER THEATER THEATER • Note that coffee breaks will be held on both the 4th floor of the Loews 12 11 10 Theater as well as in the Foyer/Mezzanine and the landing outside of the Grand Ballroom balcony of the Wyndham New Yorker Hotel (two separate buildings used for all coffee breaks offered throughout the conference). Concurrent Session Rooms WYNDHAM NEW YORKER HOTEL FLOORPLAN

WYNDHAM NEW YORKER HOTEL WYNDHAM NEW YORKER HOTEL • Student Breakfast 2ND FLOOR 3RD FLOOR Meeting • Concurrent • Plenary Session Room Session Room • Pittsburgh Conference • WYNDHAM Concurrent Planning Meeting Session Room GRAND BALLROOM • IAEE General Membership Meeting • Antalya Conference Stairs to Planning Meeting 3rd Floor FOOD & BEVERAGE

SUTTON FOOD & BEVERAGE PLACE SUITE Elevators to Floors 1 – 20 Floors to Elevators 1 – 20 Floors to Elevators Registration/Office FOOD & BEVERAGE GRAMERCY CRYSTAL PARK SUITE MEZZANINE BALLROOM HERALD SQUARE SUITE Presider Huddle • Concurrent KIPS BAY SUITE KIPS BAY Session Room • 5th ELAEE Conference Planning Meeting • Opening Reception • Special PhD Session • Workshop on • Plenary Session Room • Student Mentoring Session Water-Energy Nexus • Concurrent Session Room • IAEE Affiliate Leaders Meeting (Separate Fee) • Concurrent Session Room • Energy Journal Board of Editors Meeting • EEEP Editorial Board Meeting WYNDHAM NEW YORKER HOTEL

LOBBY Elevators to Floors 20 – 40 Elevators to Floors 1 – 20 Floors to Elevators

Route to Manhattan Center & Loews Theater Stairs to 2nd Floor ESCALATOR TO BROOKLYN SUITE • New Yorker Hotel Power Generating Plant Tour • Concurrent Session Room • CAEE General Membership Meeting STREET TH W 34 Cooper's Tavern

MAIN ENTRANCE 8TH AVENUE

Meal tickets are only valid for conference provided meal functions. Meal tickets are not transferrable to general hotel restaurants or bars. P.1 / SUNDAY, JUNE 15 & MONDAY, JUNE 16

SUNDAY, JUNE 15 MONDAY, JUNE 16 REGISTRATION REGISTRATION Coffee Break 12:00 noon - 7:00 pm / Kips Bay Suite 7:00 am - 7:00 pm / Kips Bay Suite 10:30 am - 11:00 am / Foyer, Mezzanine, Grand Ballroom Balcony & Loews Theater Foyer IAEE Affiliate Leaders Meeting Sponsored By: EPRI IAEE Council Meeting 7:45 am - 8:45 am / Herald Square Suite (By Invitation) CONCURRENT SESSIONS: 1 to 10 9:00 am - 12:00 noon / Sutton Place Suite Student Breakfast Meeting 11:00 am - 12:45 pm 7:45 am - 8:45 am / Sutton Place Suite 1. Energy and Economic Growth 1 IAEE/USAEE Council Lunch Sponsored By: Chevron New Yorker Hotel Grand Ballroom (By Invitation) 12:00 noon - 1:00 pm / Gramercy Park Suite Gurkan S Kumbaroglu (Presiding) Continental Breakfast PROFESSOR, BOGAZICI UNIVERSITY 8:00 am - 8:45 am / USAEE Council Meeting Foyer, Mezzanine & Grand Ballroom Balcony Oil, Economic Growth, Clean Transportation Technologies and the Strategic Petroleum Reserve (By Invitation) Sponsored By: ConocoPhillips Carmine Difiglio 1:00 pm - 4:30 pm / Sutton Place Suite DEPUTY ASSISTANT SECRETARY, U.S. DEPARTMENT OF ENERGY Energy and Economic Growth: The Stylized Facts Presider’s Huddle David I Stern Special PHD Session 8:15 am - 8:30 am / Mezzanine 2nd Floor THE AUSTRALIAN NATIONAL UNIVERSITY 1:00 pm - 5:15 pm / Herald Square Suite Mar Rubio DEPT. OF ECONOMICS, UNIVERSIDAD PUBLICA DE NAVARRA Presidents' Welcome & Introduction Zsuzsanna Csereklyei Opening Reception 8:45 am - 9:30 am / DEPT. OF ECONOMICS, New Yorker Hotel Grand Ballroom VIENNA UNIVERSITY OF ECONOMICS AND BUSINESS 6:00 pm - 7:30 pm / Crystal Ballroom Energy Use and Economic Growth 1965 – 2012 Sponsored By: Baker Hughes Rognvaldur Hannesson OPENING PLENARY SESSION: PROFESSOR, NORWEGIAN SCHOOL OF ECONOMICS International Implications of How Dependent is Growth from Primary Energy? U.S. Energy Renaissance An Empirical Answer on OECD Countries Student Mentoring Program Zeynep Kahraman 9:30 am - 10:30 am / 7:30 pm - 10:00 pm / Herald Square Suite THE SHIFT PROJECT New Yorker Hotel Grand Ballroom This is an informal event for all of our Gaël Giraud Surging production of oil and gas in the U.S. is having effects CENTRE D'ÉCONOMIE DE LA SORBONNE student members. After the opening reception on energy markets around the world, helping consumers (6:00 – 7:30 pm, Sunday June 15 in the Crystal and providing stiffer competition for producers. However, this The Role of Energy Technologies in Ballroom) come along to the Herald Square Suite growth also is raising questions about public acceptance of Long Run Economic Growth to hear from a dozen energy professionals about energy development activities and stimulating a debate over Fouquet Roger U.S. energy exports. There are indirect effects within the U.S. their lifetime experiences in different sectors of LONDON SCHOOL OF ECONOMICS energy economics. We have invited a diverse as well, among them assisting energy intensive industries to expand output and gain market share. In this session, group of working professionals to reflect with you such effects will be discussed in detail. The leadoff talk will on their career paths and lessons learned. They offer a U.S. viewpoint while discussants will comment from 2. Challenges in Energy will be meeting with separate groups of students European and Middle Eastern perspectives and develop Consumption Reduction simultaneously but you’ll have time during the broader implications, both for the short and the long run. These Herald Square Suite session to visit with up to six speakers as they will include reproducibility on a global scale, strategic and will repeat their talks and you can participate competitive implications, logistic and infrastructure challenges, in the individual Q&A’s and chat one-on-one and implications for world economic activity and growth. Jean-Thomas Bernard (Presiding) with the professionals afterwards. PROFESSOR, UNIVERSITE D'OTTAWA Michael E. Canes (Presiding) DISTINGUISHED FELLOW, LOGISTICS MANAGEMENT INSTITUTE New Evidence on the Decoupling of Income and Energy Consumption Adam E. Sieminski VENUE KEY: ADMINISTRATOR, ENERGY INFORMATION ADMINISTRATION David C Broadstock PROFESSOR, TEAM FOR INTEGRATED ENERGY AND NEW YORKER HOTEL David Hobbs ENVIRONMENTAL RESEARCH STUDIES LOEWS THEATER HEAD OF RESEARCH, KAPSARC

MANHATTAN CENTER Eirik Wærness Session Continued CHIEF ECONOMIST, STATOIL ASA . MONDAY, JUNE 16, CONTINUED / P.2

Assessing the Energy and Emission Reduction How the Interaction of Supply and Demand Modeling the Efficiency of the U.S. Fossil Fleet Potentials in the UK Industry Sector in the Shapes Patterns of New Technology Adoption: David Luke Oates Scope of an Energy Systems Analysis Plug-In Electric Vehicles in California Paulina Jaramillo Birgit Fais Varun Rai CARNEGIE MELLON UNIVERSITY Neil Strachan Vivek Nath Nagore Sabio THE UNIVERSITY OF TEXAS AT AUSTIN UCL ENERGY INSTITUTE, UNIVERSITY COLLEGE LONDON Looking to the Andes: 5. Renewable Energies in Europe Drivers of U.S. Household Energy Consumption, Long-term Scenarios of Oil Supply and Crystal Ballroom 1980-2009 Demand for Peru, Colombia and Ecuador Behjat Hojjati Mauro F Chavez-Rodriguez Amela Ajanovic, Presiding ENERGY INFORMATION ADMINISTRATION R. Esperanza Gonzalez SENIOR RESEARCH SCIENTIST, Andre FP Lucena VIENNA UNIVERSITY OF TECHNOLOGY Oil Phase Out in the Transportation Sector Alexandre Szklo of Sweden – Costs and Consequences Roberto Schaeffer Impact of German Electricity Generation Martin Börjesson ENERGY PLANNING PROGRAM COPPE/UFRJ from RES on European Electricity Markets Erik O Ahlgren Alejandro Egüez Fernando Oster CHALMERS UNIV OF TECHNOLOGY LUND UNIVERSITY TU BERLIN Robert Lundmark Pablo Carvajal LULEÅ TECHNICAL UNIVERSITY Aggregated Costs of the German Energiewende: NATIONAL POLYTECHNIC SCHOOL OF ECUADOR How to Improve Cost Effectiveness? Dimitris Athanassiadis Juan Martinez Jaramillo SWEDISH UNIV OF AGRICULTURAL SCIENCES Georg Erdmann Santiago Arango Aramburo PROFESSOR, TU BERLIN Role of Residential and Commercial Sectors in NATIONAL UNIVERSITY OF COLOMBIA Meeting California’s 80 Percent GHG Emissions Effects of the German Energiewende on the Reduction Goal by 2050 using CA-TIMES Model Dutch Electricity Market Saleh Zakerinia 4. Investment in Electricity Markets Machiel Mulder Sonia Yeh PROFESSOR, UNIVERSITY OF GRONINGEN / NETHERLANDS Sutton Place Suite AUTHORITY FOR CONSUMERS & MARKETS Christopher Yang UNIVERSITY OF CALIFORNIA DAVIS Implementing Renewables for Electricity— Robert E Borgstrom (Presiding) ADVISOR ON REGULATION, INDEPENDENT CONSULTANT Experiences in Europe and Germany Hermann-Josef Wagner 3. Demand for Liquid Fuels Electricity Market Modelling of Network RUHR-UNIVERSITÄT BOCHUM Gramercy Park Suite Investments: Comparison of Zonal and French Energy Transition: A Unique in Depth Nodal Approaches Debate Organized in France Sylvie D'Apote (Presiding) Sadhvi Ganga Christophe Bonnery MANAGING PARTNER, PRYSMA E&T CONSULTORES Iain F MacGill FRENCH ASSOCIATION FOR ENERGY ECONOMICS UNIVERSITY OF NEW SOUTH WALES Gasoline Demand in Brazil: Interaction between Capacity Markets and An Empirical Analysis Investment into Renewable Energy in the 6. GHG Emissions Reduction Thais M Vilela Netherlands and Germany Marcelo C Medeiros Loews Theater 10 Kaveri K Iychettira Leonardo B Rezende Pradyumna C Bhagwat DEPARTMENT OF ECONOMICS, PUC-RIO Filiz Karaosmanoglu (Presiding) Jörn C Richstein PROFESSOR, ISTANBUL TECH. UNIVERSITY Transportation Energy Demand and Laurens J De Vries DELFT UNIVERSITY OF TECHNOLOGY Emissions in China's Provinces to 2030 Counting Consumption-Based Energy System Paul N Kishimoto Modelling the Impact of Market Disequilibria Emissions: Linking an Energy System and EEIO Model Valerie J Karplus on Power Plant Investment Profitability Hannah E Daly MIT JOINT PROGRAM ON THE SCIENCE & POLICY OF GLOBAL CHANGE Thomas Kallabis Neil Strachan Christoph Weber UCL ENERGY INSTITUTE Da Zhang UNIVERSITY OF DUISBURG-ESSEN TSINGHUA UNIVERSITY, INSTITUTE FOR ENERGY, Kate Scott ENVIRONMENT & ECONOMY Optimal Operation and Expansion Planning of John Barrett Electricity Generation and Transmission Based UNIVERSITY OF LEEDS Examining the Role of Technical Progress in on a Benders Decomposition Approach Applied Energy Demand and C0 Emissions in Nigeria: Is a Global Decrease in GHG Emissions Compatible 2 to the German Power System up to 2050 Policy Implications With Some Local Increases in Oil Production? Viktor Slednev Ibrahim A Tajudeen Pierre-Olivier Pineau Fichtner Wolf UNIVERSITY OF MANCHESTER PROFESSOR, HEC MONTREAL, Valentin Bertsch CHAIR IN ENERGY SECTOR MANAGEMENT KARLSRUHE INSTITUT OF TECHNOLOGY (KIT), Session Continued INSTITUTE FOR INDUSTRIAL PRODUCTION (IIP) Session Continued ? Session Continued P.3 / MONDAY, JUNE 16, CONTINUED

Intergenerational Discounting and Market 8. Carbon Pricing 1 Crude Oil Price Movements: Implications of Rate of Return in OLG Version of RICE Model Loews Theater 11 World Oil Market Regime and Strategic Supply Andrey Polbin Xin Jin THE RUSSIAN PRESIDENTIAL ACADEMY OF NATIONAL UNIVERSITY OF ABERDEEN ECONOMY AND PUBLIC ADMINISTRATION Ronald D Ripple (Presiding) PROFESSOR OF ENERGY BUS. AND FIN., UNIVERSITY OF TULSA Mine K Yucel Oleg Lugovoy FEDERAL RESERVE BANK IN DALLAS EDF; RANEPA The Grey Paradox: How Owners of Nathan Balke Science and the Stock Market: Investors’ Carbon-Emitting Resources Can Benefit SOUTHERN METHODIST UNIVERSITY Recognition of Unburnable Carbon Renaud Coulomb Market Power in the World Oil Market: Evidence for Paul A Griffin LONDON SCHOOL OF ECONOMICS AND ECOLE CENTRALE an OPEC Cartel and an Oligopolistic Non-OPEC Fringe Amy Myers Jaffe PARIS CY Cynthia Lin Rosa Dominguez-Faus Fanny Henriet UNIVERSITY OF CALIFORNIA AT DAVIS UNIVERSITY OF CALIFORNIA, DAVIS PSE, CNRS David Lont Output Adjusting Cartels Facing Dynamic, Convex SCHOOL OF COMMERCE, UNIVERSITY OF OTAGO Would Border Carbon Adjustments Prevent Demand under Uncertainty: The Case of OPEC Carbon Leakage and Heavy Industry Franz Wirl Macroeconomic Impacts of the California Competitiveness Losses? Insights From a UNIVERSITY OF VIENNA Global Warming Solutions Act on the Meta-Analysis of Recent Economic Studies Southern California Economy Frederic Branger OPEC's Kinked Demand Curve Dan Wei Philippe Quirion Marc H Vatter Adam Rose CIRED ECONOMIST, ECONOMIC INSIGHT, INC. USC Designing a Global Differentiated Carbon Tax Scheme Based on the Cost Fairness Principle 10. Energy Efficiency 7. IAEE Best Student Paper Award Lei Zhu Ying Fan Loews Theater 14 Brooklyn Suite Lianbiao Cui CENTER FOR ENERGY AND ENVIRONMENTAL POLICY Ricardo Raineri (Presiding) Thomas E Drennen (Presiding) RESEARCH, INSTITUTE OF POLICY AND MANAGEMENT, ALTERNATE EXECUTIVE DIRECTOR FOR ARGENTINA, BOLIVIA, PROFESSOR OF ECONOMICS CHINESE ACADEMY OF SCIENCES CHILE, PARAGUAY, PERU AND URUGUAY HOBART AND WILLIAM SMITH COLLEGES THE WORLD BANK GROUP Estimating an Idealized Carbon Tax Via Dispatch Protocols Strategic Withholding Through Energy Efficiency and Price Regulation Production Failures Amy Sopinka Ariane Ouellette Xuemei Zheng Ewa Lazarczyk Carlson Lawrence Pitt Flavio Marques Menezes Sara Fogelberg UNIVERSITY OF VICTORIA THE UNIVERSITY OF QUEENSLAND IFN, STOCKHOLM SCHOOL OF ECONOMICS Joisa Dutra Output-Based Rebating and Competitiveness: Electricity Market Price Volatility: CENTRE FOR REGULATION, FGV Optimal Unilateral Carbon Policies When The Importance of Ramping Costs Playing with Others Energy Efficiency Determinants: An Empirical Dan Werner Taran Fæhn Analysis for Spanish Innovative Firms UNIVERSITY OF MARYLAND Brita Bye Jose Garcia-Quevedo From Boom to Bust? A Critical Look at STATISTICS NORWAY M Teresa Costa-Campi US Shale Gas Projections Knut Einar Rosendahl UNIVERSITY OF BARCELONA Philipp M Richter UNIVERSITY OF LIFE SCIENCES Agusti Segarra DIW BERLIN Christoph Böhringer ROVIRA I VIRGILI UNIVERSITY Bribes, Bureaucracies, and Blackouts: Towards UNIVERSITY OF OLDENBURG Target versus Price: Improving Energy Efficiency Understanding How Corruption Impacts the of Industrial Firms in China Quality of Electricity Supply to End-Users in Kuangyuan Zhang Transition and Developing Economies 9. OPEC and Geopolitcal Issues PENN STATE UNIVERSITY Jacquelyn Pless Loews Theater 12 The Impact of Increased Energy Efficiency: Harrison Fell A Computable General Equilibrium Analysis for Spain COLORADO SCHOOL OF MINES Arnold B Baker (Presiding) Pablo Arocena Morgan Bazilian PRINCIPAL, ABB CONSULTING Sofía Peña COLUMBIA UNIVERSITY Antonio Gómez Major Geopolitical Developments That Could UNIVERSIDAD PÚBLICA DE NAVARRA Impact on Oil Supplies from the Arab Gulf Region Creating an Energy Efficiency "Marketplace" VENUE KEY: Mamdouh G Salameh WORLD BANK, WASHINGTON DC / OIL MARKET Within City Government Operations NEW YORKER HOTEL CONSULTANCY SERVICE, UK Kristin Barbato Emily Small LOEWS THEATER Session Continued NYC DCAS ENERGY MANAGEMENT MANHATTAN CENTER . MONDAY, JUNE 16, CONTINUED / P.4

Lunch & Poster Session Karsten Neuhoff The Implication of Limited Conventional HEAD OF DEPARTMENT, GERMAN INSTITUTE FOR Fossil Fuels and Declining EROI on 12:45 pm - 2:00 pm / ECONOMIC RESEARCH (DIW BERLIN) AND PROFESSOR Economic Growth in China Manhattan Center Grand Ballroom TECHNICAL UNIVERSITY BERLIN Lianyong Feng These are not just stand-up buffet lunches—they Jose Maria Valenzuela Jingxuan Feng are also great opportunities for all conference DIRECTOR DE SUSTENTABILIDAD ENERGETICA, Chaoren Jin SECRETARIA DE ENERGIA, GOVERNMENT OF MEXICO delegates to mingle with—and learn from— Yingchao Chen students who will be presenting posters of their Everett W. Whitaker CHINA UNIVERSITY OF PETROLEUM, BEIJING recent academic work in the room where lunch will MANAGING DIRECTOR, POLICY & PLANNING, Bin Chen POWER ECONOMICS ENERGY CONSULTING, USA, be available. At this unique event you will be able BEIJING NORMAL UNIVERSITY GE ENERGY MANAGEMENT to network with students and colleagues around William Wei energy topics in which you share a common GRANT MACEWAN UNIVERSITY interest. There will be two sets of posters, one on Monday and another on Tuesday. So don’t wait in a Coffee Break Yan Hu long line for food and drink, be first to engage with SINOPEC GROUP EXPLORATION & 3:30 pm - 4:00 pm / Foyer, Mezzanine, Grand PRODUCTION RESEARCH INSTITUTE the students and their posters during these 1¼ Ballroom Balcony & Loews Theater Foyer hour long breaks from the main conference.

12. Unconventional Natural Gas See page 19 for a full list of poster session participants. Herald Square Suite CONCURRENT SESSIONS: 11 to 20 Surya Rajan (Presiding) DUAL PLENARY SESSION: 4:00 pm - 5:45 pm DIRECTOR, STRATEGY, BAKER HUGHES Energy & The Economy 11. Energy and Economic Growth 2 Can Natural Gas Be a Bridge to a Global 2:00 pm - 3:30 pm / New Yorker Hotel Grand Ballroom Low-Carbon Energy System? New Yorker Hotel Grand Ballroom Christophe E McGlade UCL INSTITUTE FOR SUSTAINABLE RESOURCES The panel will discuss energy prices and US economic Pierre O Pineau (Presiding) activity. The panel will address whether increased US oil (UNIVERSITY COLLEGE LONDON) PROFESSOR, HEC MONTREAL and gas production from shale has impacted energy A Comparison of Air Emissions from security, the trade balance and the effects of oil price shocks on the economy. A Multiphases Analysis of China's Energy Natural Gas Pathways for Road Transportation Consumption And Economic Growth Nexus Fan Tong Mine Yucel (Presiding) Xiaoqi Sun Inês L Azevedo VICE PRESIDENT & SR ECONOMIST, Paulina Jaramillo FEDERAL RESERVE BANK OF DALLAS Haizhong An Xiaoliang Jia CARNEGIE MELLON UNIVERSITY Lutz Kilian Lijun Wang PROFESSOR OF ECONOMICS, UNIVERSITY OF MICHIGAN Unconventional Gas: CHINA UNIVERSITY OF GEOSCIENCES, BEIJING What Value for the Option to Develop? Prakash Loungani Energy and Chaos: Modelling Energy in a Oana Ionescu ADVISOR, RESEARCH DEPARTMENT, INTERNATIONAL MONETARY FUND Dynamical Growth Model with Chaotic Bifurcation EDDEN, GRENOBLE INSTITUTE OF TECHNOLOGY Gaël Giraud Philip K. Verleger, Jr. Catherine Locatelli CENTRE D'ÉCONOMIE DE LA SORBONNE EDDEN-CNRS PRESIDENT, PK VERLEGER LLC Explaining the Causality between Economic Marginal Cost Curves For Conventional and

Growth and CO2 Emissions in Taiwan: Unconventional Natural Gas Production DUAL PLENARY SESSION: A Multivariate Sectoral Analysis Chi Kong Chyong Renewables, Power Prices, Cheng-Da Yuan David Reiner and Grid Integration Fu-Kuang Ko Arjun Mahalingam Hui-Chih Chai EPRG, UNIVERSITY OF CAMBRIDGE 2:00 pm - 3:30 pm / Crystal Ballroom INSTITUTE OF NUCLEAR ENERGY RESEARCH (INER)/ CENTER OF ENERGY ECONOMICS AND STRATEGY RESEARCH An Agent-Based Modeling Approach to The panel will address key issues associated with increasing Non-Equilibrium Dynamics of Natural Gas amounts of renewables on the critical decisions and impacts Power System and Economic Growth: Supply Shock Propagation for grid operators, utilities and other key stakeholders. The Twenty Years after the End of the Soviet Era panel will present a breadth of perspectives, and address Alexander V Outkin Malika A Saidkhodjaeva technical, regulatory, economic, and “business model” Vanessa N Vargas MOSCOW STATE UNIVERSITY implications for the power sector, for different structures Peter H Kobos from different countries & states. Kholisakhon R Saidkhodjaeva Barter Garrett TASHKENT STATE TECHICAL UNIVERSITY Melissa M Myerly Douglas Arent (Presiding) SANDIA NATIONAL LABORATORIES EXECUTIVE DIRECTOR JISEA, NATIONAL RENEWABLE ENERGY LAB Session Continued

Session Continued P.5 / MONDAY, JUNE 16, CONTINUED

13. Cap-And-Trade Rebound Effects and Fossil Subsidies Reform The Cost Effectiveness of Renewable Energy Gramercy Park Suite in China Support Schemes in the European Union Qin Bao Arjun Mahalingam Liang Dong David MG Newbery Adonis Yatchew (Presiding) Hong Li David M Reiner PROFESSOR, DEPARTMENT OF ECONOMICS, ACADEMY OF MATHEMATICS AND SYSTEMS SCIENCE, EPRG, UNIVERSITY OF CAMBRIDGE UNIVERSITY OF TORONTO CHINESE ACADEMY OF SCIENCES Financial Impacts of Distributed PV on What’s Impact of the Allocation of Carbon How OECD Countries Subsidizes Oil and Natural Utility Rates and Profitability Permits on the Cost-Effectiveness of Gas Producers and Modeling the Consequences Andrew Satchwell Carbon Trading Market? Xu Zhao Galen Barbose Duan Hongbo CHINA UNIVERSITY OF PETROLEUM, BEIJING Andrew Mills Fan Ying Carol A Dahl LAWRENCE BERKELEY NATIONAL LAB Zhu Lei COLORADO SCHOOL OF MINES UNIVERSITY OF CHINESE ACADEMY OF SCIENCES Vertical Fiscal Externalities and the Environment Gürkan Kumbaroglu 16. Electricity Modeling 1 Hidemichi Yonezawa BOGAZICI UNIVERSITY Loews Theater 10 Nicholas Rivers Study the Sector Coverage in the ETS in China UNIVERSITY OF OTTAWA Karen Palmer Ying Fan Christoph Böhringer (Presiding) SR. FELLOW & RESEARCH DIRECTOR, CEEP, IPM, CHINESE ACADEMY OF SCIENCES UNIVERSITY OF OLDENBERG RESOURCES FOR THE FUTURE Lei Zhu A Computable General Equilibrium Model of Xu Wang Energy Taxation with Endogenous Resource A Structural Econometric Model of the Dynamic CEEP, IPM, CHINESE ACADEMY OF SCIENCES Supply and Flexible Substitution Hourly Electricity Production Game in California The Stability Reserve in EU Carbon Emission Andre J Barbe Derek Nixon Trading: Does it Deliver What it Promises? RICE UNIVERSITY CY Cynthia Lin Joern C Richstein UNIVERSITY OF CALIFORNIA, DAVIS Laurens J de Vries Modelling Welfare Loss in Iranian Emile J Chappin 15. Support Schemes for DELFT UNIVERSITY OF TECHNOLOGY Electricity Market Renewable Energy Ali Nazemi Resource Shuffling and the California Crystal Ballroom Mehdi Mashayekhi Carbon Market UNIVERSITY OF ECONOMIC SCIENCES OF TEHRAN Danny Cullenward Christophe Bonnery (Presiding) Forecasting Electricity Spot Prices Using BERKELEY ENERGY AND CLIMATE INSTITUTE PRESIDENT, F-AEE Time-Series Models with a Double David Weiskopf Temporal Segmentation STANFORD LAW SCHOOL (FORMER) On the Economics of Decentralized Sophie Meritet Speculation Investigation from Microcosmic Battery-Supported Photovoltaic Systems Julien Fouquau Traders Behaviors and Its Effects on Carbon Albert Hiesl Marie Bessec Price in EU-ETS Reinhard Haas UNIVERSITÉ PARIS DAUPHINE VIENNA UNIVERSITY OF TECHNOLOGY Guo Jianfeng Modeling the Ability of Thermal Units to Perform Liu Yinpeng Are Households with Solar Rooftop PV Load Changes in Energy Systems CENTER FOR ENERGY & ENVIRONMENTAL POLICY RESEARCH, Systems More or Less Likely to Support Sonja Babrowski INSTITUTE OF POLICY AND MANAGEMENT, Energy Service Company (ESCO) Services? CHINESE ACADEMY OF SCIENCES Wolf Fichtner Zaida M Contreras Patrick Jochem Michelle Rodriguez KARLSRUHE INSTITUTE OF TECHNOLOGY (KIT) Peta Ashworth 14. Energy Subsidies and Taxes Lygia Romanach Transforming Electric Generation Planning Models to Meet Sustainable Energy Policy Goals Sutton Place Suite CSIRO Cynthia D Bothwell Joint Support Scheme as Solution JOHNS HOPKINS UNIVERSITY Carol A Dahl (Presiding) to the Post 2020 Problem Mariano Ventosa RESEARCH PROFESSOR, COLORADO SCHOOL OF MINES Lise-Lotte Pade UNIVERSIDAD PONTIFICIA COMILLAS Henrik K Jacobsen Fuel Subsidies and the Global Oil Market Lise Skovsgaard Michael Plante TECHNICAL UNIVERSITY OF DENMARK Mine K Yucel FEDERAL RESERVE BANK OF DALLAS Session Continued Nathan Balke SOUTHERN METHODIST UNIVERSITY

Session Continued . MONDAY, JUNE 16, CONTINUED / P.6

17. Case Competition 19. Social Impacts of Oil Rebound Effects from Efficiency Improvement: Brooklyn Suite Loews Theater 12 Estimating Income and Substitution Effects for UK Households Mona Chitnis Eric Hittinger (Presiding) Shree Vikas (Presiding) UNIVERSITY OF ABERDEEN ASSISTANT PROFESSOR, DIRECTOR, TECH. & PROJECTS, CONOCOPHILLIPS ROCHESTER INSTITUTE OF TECHNOLOGY Angela Druckman On Relating US and UK Energy Expenditures UNIVERSITY OF SURREY Team #1 - Case Competition (Net Energy), Debt, and Interest Rates Steve Sorrell Firas Abu-Sneneh Carey W King UNIVERSITY OF SUSSEX Jeff Kessler ASSISTANT DIRECTOR, ENERGY INSTITUTE, Jacob Humber UNIVERSITY OF TEXAS AT AUSTIN Promoting Dieselization of the European Car Fleet: Was it Worth it? UNIVERSITY OF CALIFORNIA, DAVIS What is the Welfare Social Cost of Oil Price? Amela Ajanovic Team #2 - Case Competition Marc Joëts Reinhard Haas Markus Lang IPAG BUSINESS SCHOOL VIENNA UNIVERSITY OF TECHNOLOGY William Martin Tovonony Razafindrabe Dillon Nichols UNIVERSITY OF PARIS WEST An Empirical Analysis of Marginal Efficiency Ethan Rutledge Gains Within and Across End Uses: Implications Jerrod Penn The Impact of Local Market Conditions on for the Rebound Effect for Households UNIVERSITY OF KENTUCKY the Federal Disability Insurance Program: Nour El Imane Bouhou Evidence from the Bakken Oil Boom Team #3 - Case Competition Michael F Blackhurst Mallory C Vachon UNIVERSITY OF TEXAS AT AUSTIN Yichen Du SYRACUSE UNIVERSITY Arthur Yip Justin Montgomery The Oil Price Boom in the 2000's: MASSACHUSETTS INSTITUTE OF TECHNOLOGY A Relief to the Oil Curse? IAEE Awards Dinner Thiago Periard PETROBRAS 7:00 pm - 10:00 pm / 18. Energy Price Analysis Luciano D. Losekann Manhattan Center Grand Ballroom Loews Theater 11 UFF

Jerald J Fletcher (Presiding) Implications of an Inflation-Adjusted Fuel Tax on PROFESSOR AND DIRECTOR - NRAC, WEST VIRGINIA UNIVERSITY Government Revenue and Consumer Welfare John Marron IAEE Student Happy Hour Welfare Effects of Nonlinear Electricity Pricing INDIANA UNIVERSITY PUBLIC POLICY INSTITUTE Jung You Jerome Dumortier RICE UNIVERSITY Fengxiu Zhang 9:30 pm - 11:00 pm IUPUI The Relationship Between Seller Density and Stout Retail Prices: Empirical Evidence for the Spanish 133 West 33rd Street Automotive Fuels Market New York, NY 10001 Ignacio Contín 20. Rebound Effect Analysis Alejandro Bello Loews Theater 14 Sponsored By: Norwegian School of Economics Pablo Arocena

UNIVERSIDAD PÚBLICA DE NAVARRA Peter R Hartley (Presiding) PROFESSOR & BAKER INSTITUTE SCHOLAR, RICE UNIVERSITY The Potential for Real-Time Pricing in Sweden Mattias Vesterberg Beyond National Economy-Wide Rebound Chandra Kiran B Krishnamurthy Effects: An Applied General Equilibrium Analysis UMEÅ UNIVERSITY Incorporating International Spillover Effects Oben Bayrak Karen Turner SWEDISH UNIVERSITY OF AGRICULTURAL SCIENCES HERIOT WATT UNIVERSITY Forward-looking Energy Elasticity Parameters John K Swales for Nested CES Production Function UNIVERSITY OF STRATHCLYDE Oleg Lugovoy Simon Koesler ENVIRONMENTAL DEFENSE FUND ZEW Vladimir Potashnikov Energy Efficiency and Household Behavior: RUSSIAN PRESIDENTIAL ACADEMY OF NATIONAL ECONOMY The Rebound Effect in the Residential Sector AND PUBLIC ADMINISTRATION Erdal Aydin VENUE KEY: The Long-Run Evolution of Energy Prices Dirk Brounen Frederick Joutz TILBURG UNIVERSITY NEW YORKER HOTEL KAPSARC Nils Kok LOEWS THEATER MAASTRICHT UNIVERSITY Mine K Yucel MANHATTAN CENTER FEDERAL RESERVE BANK OF DALLAS Session Continued P.7 / TUESDAY, JUNE 17

TUESDAY, JUNE 17 Shale Oil and Gas Booms and Emission Reduction DUAL PLENARY SESSION: Targets: Tradeoffs between Gains and Costs REGISTRATION Transportation Developments Farzad Taheripour 7:00 am - 6:30 pm / Kips Bay Suite Wallace E Tyner 9:00 am - 10:30 am / Crystal Ballroom PURDUE UNIVERSITY High global oil prices have encouraged innovation and Shale Gas Development and Housing Values Over 2015 Pittsburgh USAEE/IAEE conservation in many key use sectors, and environmental a Decade: Evidence from the Barnett Shale North American Conference drivers are also driving rapid acceptance of new Jeremy G Weber technologies. This trend is now gaining momentum Irene M Xiarchos Planning Meeting (By Invitation) globally in the transportation sector where local and U.S. DEPT OF AGRICULTURE federal government policies are accelerating the pace of 8:00 am - 9:00am / Sutton Place Suite penetration of new more efficient vehicles and adoption of Wesley Burnett alternative fuels. The purpose of this session is to discuss WEST VIRGINIA UNIVERSITY both policy and commercial drivers to these challengers Technical Efficiency Among Gas Producers 5th ELAEE Conference Planning to incumbent fuels and vehicle designs and their ultimate impact on the future of the transportation sector fuel mix. in the Barnett Shale Play Meeting (By Invitation) Likeleli Seitlheko 8:00 am - 9:00 am / Gramercy Park Suite Amy M. Jaffe (Presiding) RICE UNIVERSITY EXECUTIVE DIRECTOR, INSTITUTE OF TRANSPORTATION STUDIES, UNIVERSITY OF CALIFORNIA, DAVIS Energy Journal Board of Editors 22. Carbon Regulation and Electricity Sonia Yeh Herald Square Suite Meeting (By Invitation) RESEARCH SCIENTIST AND LECTURER, UNIVERSITY OF CALIFORNIA, DAVIS 8:00 am - 9:00 am / Herald Square Suite Michael J. Grubb (Presiding) Anthony Yuen PROFESSOR, CAMBRIDGE UNIVERSITY DIRECTOR AND GLOBAL ENERGY STRATEGIST, Continental Breakfast CITI RESEARCH Carbon Emissions in the Western Interconnect— Juan Miguel Velasquez 8:15 am - 9:00 am / Foyer, Mezzanine & Estimating the Impact of VERs Grand Ballroom Balcony ASSOCIATE, WORLD RESOURCES INSTITUTE Amy Sopinka Lawrence Pitt UNIVERSITY OF VICTORIA Coffee Break Cost of Carbon Emissions Abatement in the Presider’s Huddle 10:30 am - 11:00 am / Foyer, Mezzanine, Ontario Electricity Market: 2006 to 2011 8:30 am - 8:50 am / Mezzanine 2nd Floor Grand Ballroom Balcony & Loews Theater Foyer Derek E H Olmstead ECONOMIST, MARKET SURVEILLANCE ADMINISTRATOR, Sponsored By: ConocoPhillips CARLETON UNIVERSITY

DUAL PLENARY SESSION: Low-Carbon Power Policy and its Implication on Electricity Prices and Demand International Shale Development: CONCURRENT SESSIONS: 21 to 30 Isaac Dyner Prospects and Challenges UNIVERSIDAD JORGE TADEO LOZANO 11:00 am - 12:45 pm 9:00 am -10:30 am / Oscar Fernandez EMPRESAS PUBLICAS DE MEDELLIN New Yorker Hotel Grand Ballroom 21. Shale Gas Analysis Laura Cardenas Top energy economists and environmental specialists will New Yorker Hotel Grand Ballroom speak to the broad array of challenges facing shale oil and Carlos Franco gas development globally, including industry structure, price UNIVERSIDAD NACIONAL DE COLOMBIA James L Smith (Presiding) stability and market mechanisms, as well as physical and environmental concerns over water resources, groundwater PROFESSOR OF FINANCE, SOUTHERN METHODIST UNIVERSITY Incentives for Early Adoption of Carbon and methane leakage. The panel will assume a collaborative, Capture Technology forward-looking posture in focusing on solutions that work, Modeling the Impact of the Shale Gas Stephen D Comello timing, and obstacles that must be faced and resolved. Revolution on the Petrochemical and Crude Stefan J Reichelstein Oil Refining Sectors of North America STANFORD GRADUATE SCHOOL OF BUSINESS Benjamin Schlesinger (Presiding) Robert E Brooks PRESIDENT, BENJAMIN SCHLESINGER & ASSOC LLC Energy and Capacity Market Price Effects PRESIDENT, RBAC INC Surya Rajan of Carbon Mitigation Policies in DIRECTOR, STRATEGY, BAKER HUGHES Can the U.S. Shale Revolution Be Duplicated in Restructured Markets Europe? Jared T Moore Edward Morse M Granger Morgan MANAGING DIRECTOR AND GLOBAL HEAD - COMMODITIES, Aurélien Saussay Jay Apt CITI RESEARCH FRENCH ECONOMIC OBSERVATORY CARNEGIE MELLON UNIVERSITY Daniel Tormey PRINCIPAL, ENVIRON CORPORATION Session Continued . TUESDAY, JUNE 17, CONTINUED / P.8

23. Electricity Market Regulation 1 Global Hydrogen Resource Analysis An Econometric Analysis of Support Scheme Gramercy Park Suite for the Transport Sector Effects on Investment in Renewable Energy Thomas Drennen Torjus F Bolkesjø Andrew Coleman (Presiding) SANDIA NATIONAL LABORATORIES Nygaard Erik SENIOR PROGRAM MANAGER, STRATEGY, EPRI Susan M Schoenung Eltvig Petter LONGITUDE 122 WEST INC NORWEGAIN UNIVERSITY OF LIFE SCIENCES Electricity Regulation under Market Optimal Policy for Plug-In Hybrid Electric Information Disclosure Vehicles Adoption Lavinia Hollanda 26. Electricity Modeling 2 Emrah Ozkaya Humberto Moreira Loews Theater 10 Paul V Preckel Rafael Mourao Andrew Liu FGV ENERGIA Yukari Yamashita (Presiding) PURDUE UNIVERSITY BOARD MEMBER DIRECTOR, Capacity Markets in Europe – Assessing the Douglas J Gotham INSTITUTE OF ENERGY ECONOMICS Benefits of Coordinated Mechanisms versus STATE UTILITY FORECASTING GROUP National Approaches Analysis of Policies Aimed at Increasing Use Power Systems Modeling: Common Methodologies Michael Bucksteeg to Address Fuel, CO , and Water Needs of Natural Gas in the Transportation System 2 Christoph Weber Chris Nichols UNIVERSITY OF DUISBURG-ESSEN, CHAIR FOR MANAGEMENT Kemal Sarica ISIK UNIVERSITY Tim Grant SCIENCE AND ENERGY ECONOMICS Chuck Zelek Wallace E. Tyner NATIONAL ENERGY TECHNOLOGY LABORATORY Electricity Market Reform in Turkey: PURDUE UNIVERSITY Developments and Lessons Learned Peter H Kobos from 2001 to 2013 The Energy Security Benefits of Electric Vehicles SANDIA NATIONAL LABORATORIES | VIEW PAPER Mustafa Gozen Paul Leiby Integrated Electric System Planning and OAK RIDGE NATIONAL LABORATORY Deniz Dastan Dispatch: Coal Retirement Decisions with ENERGY MARKET REGULATORY AUTHORITY OF TURKEY Edmund Coe Gas Market Stability Issues Michael Shelby Designing the Market Design for the Donald A Hanson U.S. EPA OTAQ Electricity System of the Future David K Schmalzer Hamilcar Knops ARGONNE NATIONAL LAB 25. Renewable Subsidies Laurens De Vries The Decisive Role of the Carbon Storage DELFT UNIVERSITY OF TECHNOLOGY Crystal Ballroom Potential in the Deployment of the CCS Option Annelies Huygen Georg Erdmann Sandrine Selosse TNO (Presiding) PROFESSOR, BERLIN UNIVERSITY OF TECHNOLOGY MINES PARISTECH - CENTRE FOR APPLIED MATHEMATICS Factoring Strategic and Sustainability Govind Malhotra Considerations into Energy Sector Regulation Combining Tariffs, Investment Subsidies INDIAN INSTITUTE OF TECHNOLOGY (BHU) Michael J Grubb and Soft Loans in a Renewable Electricity Olivia Ricci Deployment Policy Jennifer Mills UNIVERSITY OF REUNION OFGEM Pere Mir-Artigues PROFESSOR, CHAIR OF ENERGY AND Photovoltaics and Storage Plants: Efficient ENVIRONMENTAL SUSTAINABILITY Capacities in a System View 24. Change in the Transportation Sector Market Structure and Subsidy Pass-through Benjamin Böcker Sutton Place Suite for Distributed Solar: Lessons from California Christoph Weber Bjarne Steffen Changgui Dong CHAIR FOR MANAGEMENT SCIENCES AND Paul N. Leib (Presiding) Varun Rai GROUP LEADER, ENERGY ANALYSIS, ENERGY ECONOMICS, UNIVERSITY DUISBURG-ESSEN UNIVERSITY OF TEXAS AT AUSTIN OAK RIDGE NATIONAL LABORATORY Ryan Wiser Stochastic Modeling of the Feed in of Wind LAWRENCE BERKELEY NATIONAL LABORATORY Using a Second Order Markov Chain Effects of Life Cycle Cost Information Thiemo Pesch Disclosure on the Purchase Decision of Optimal Subsidy Design: Is California Solar RESEARCH CENTER JÜLICH Hybrid and Plug-In Vehicles Initiative Over-subsidizing or Under-subsidizing? Jürgen-Friedrich Hake Jerome Dumortier Changgui Dong FZ JÜLICH Saba Siddiki Varun Rai INDIANA UNIVERSITY - PURDUE UNIVERSITY INDIANAPOLIS UNIVERSITY OF TEXAS AT AUSTIN Hans-Josef Allelein RWTH AACHEN UNIVERSITY Sanya Carley The Economic Effect of Net-Metering Schemes John Graham on Cross Subsidies Between Network Users Joshua Cisney Cherrelle Eid John A Rupp Pablo Frías Marín INDIANA UNIVERSITY Javier Reneses Guillén VENUE KEY: Bradley W Lane INSTITUTO DE INVESTIGACIÓN TECNOLÓGICA, NEW YORKER HOTEL Rachel M Krause UNIVERSIDAD PONTIFICIA COMILLAS UNIVERSITY OF KANSAS Rudi Hakvoort LOEWS THEATER DELFT UNIVERSITY OF TECHNOLOGY MANHATTAN CENTER Session Continued Session Continued P.9 / TUESDAY, JUNE 17, CONTINUED

27. Oil Prices and Finance A Commercialization Case Study of CO2 30. Analysis of Electricity Market Brooklyn Suite Conversion to Alcohol Fuels as an Economic Loews Theater 14 Growth Strategy Amy Bason (Presiding) Mark A Edelman Ramses Omar Cabrales (Presiding) RESEARCH ANALYST, ARAMCO SERVICES COMPANY IOWA STATE UNIVERSITY / AGG LLC ENERGY INDUSTRY ANALYST, Gary C Young FEDERAL ENERGY REGULATORY COMM Financialization of Oil Futures Markets BIO-THERMAL-ENERGY INC. and Oil Futures Market Efficiency: John C Wooley Market Power versus Risk Premium: A Multifractal Perspective EE-CO2 LLC The Cases of PJM and JEPX Masahiro Ishii Marc Gronwald Eric Wagner SOPHIA UNIVERSITY UNIVERSITY OF ABERDEEN BUSINESS SCHOOL TECHNIP, STONE & WEBSTER PROCESS TECHNOLOGY, INC. Cristina Sattarhoff Motokazu Ishizaka UNIVERSITY OF HAMBURG The Impact of Grain Biofuels on Global Grain FUKUOKA UNIVERSITY Prices: A Counterfactual Economic Analysis Do Major Brands Have Market Power in Koichiro Tezuka Brian D Wright NIHON UNIVERSITY the German Retail Gas Market? UNIVERSITY OF CALIFORNIA AT BERKELEY Nolan Ritter Di Zeng Exploring the Reliability of U.S. Electric Utilities Colin J Vance LAWRENCE BERKELEY NATIONAL LAB Peter Larsen RHEINISCH-WESTFÄLISCHES INSTITUT FÜR LAWRENCE BERKELEY NATIONAL LABORATORY/STANFORD Eugenio Bobenrieth WIRTSCHAFTSFORSCHUNG UNIVERSITY PONTIFICAL CATHOLIC UNIVERSITY OF CHILE Alex Kihm Joseph Eto DEUTSCHES ZENTRUM FÜR LUFT- UND RAUMFAHRT Kristina Hamachi-LaCommare How Persistent Are Shocks to Oil Prices? 29. Oligopolistic Behavior LAWRENCE BERKELEY NATIONAL LABORATORY Atanu Ghoshray in Energy Markets James Sweeney STANFORD UNIVERSITY UNIVERSITY OF BATH Loews Theater 12 Fundamentals, Derivatives Market Information, On the Future of Electricity Supply: Competitive and Crude Oil Price Swings Andre Plourde (Presiding) Markets or Planned Economies? DEAN, FACULTY OF PUBLIC AFFAIRS, CARLETON UNIVERSITY Michel A Robe Reinhard Haas Jonathan Wallen EEG, TU WIEN AMERICAN UNIVERSITY Quantitative Analysis of Gas Supply Strategies Michael Hartner from a German Plant Operator´s Perspective Hans Auer Andreas Henke EEG 28. Biofuels Nadja Loeper TECHNISCHE UNIVERSITAET DORTMUND Internalizing the Environmental Externalities of Loews Theater 11 Power Generation in the USA: Exploration of the Measuring Oligopsony Market Power in Italian Effects Using an Air Pollution Model and a New Mark McCarthy (Presiding) Electricity Market. Preliminary Results National Grid Model SENIOR ENERGY RESEARCHER, Carlo Andrea Bollino TOYOTA MOTOR NORTH AMERICA INC. Daniel Shawhan PROFESSOR, UNIVERSITY OF PERUGIA AND AIEE Biao Mao RENSSELAER POLYTECHNIC INSTITUTE Economical and Environmental A Game Between Two Interconnected Players Life Cycle Analysis for Bioethanol Sébastien Debia Nan Li Daniel Tylavsky Merve Nazli Borand Georges Zaccour ARIZONA STATE UNIVERSITY YALOVA UNIVERSITY Pierre-Olivier Pineau HEC MONTRÉAL Ray Zimmerman Filiz Karaosmanoglu Jubo Yan ISTANBUL TECHNICAL UNIVERSITY Modelling the Australian Domestic Gas Market: William Schulze Asli Isler A Mixed Complementarity Approach to with CORNELL UNIVERSITY THE SCIENTIFIC AND TECHNOLOGICAL RESOURCE Oligopolistic Behaviour Charles Marquet COUNCIL OF TURKEY Liam Wagner UNIVERSITY OF SOUTHERN CALIFORNIA RESEARCH FELLOW, UNIVERSITY OF QUEENSLAND Measuring the Effects of Ethanol and Flex- John Taber Fuel Vehicles on Brazilian Gasoline Supply and Short-Run Effects of Bleaker Prospects for US FEDERAL ENERGY REGULATORY COMMISSION Demand: A Simultaneous Equations Approach Oligopolistic Producers of a Non-Renewable Resource Risk Hedging and Competition: Justin P Martinez Kristine M Grimsrud The Case of Energy Markets EAI INC / COLORADO STATE UNIVERSITY Halvor Briseid Storrøsten Raphaël Homayoun Boroumand STATISTICS NORWAY Compliance Costs and RIN Prices under ASSOCIATE PROFESSOR, ESG MANAGEMENT SCHOOL PARIS the Renewable Fuel Standard Marina Tsygankova THOMSON REUTERS POINT CARBON Gabriel Lade CY Cynthia Lin Knut Einar Rosendahl Aaron Smith UMB SCHOOL OF ECONOMICS AND BUSINESS UNIVERSITY OF CALIFORNIA, DAVIS AND STATISTICS NORWAY

Session Continued . TUESDAY, JUNE 17, CONTINUED / P.10

Lunch & Poster Session DUAL PLENARY SESSION: The Climate and Health Effects of a USA Switch from Coal to Gas 12:45 pm - 2:00 pm / Climate Change & Carbon Policies – Roger Lueken Manhattan Center Grand Ballroom International Lessons and Perspectives Kelly Klima These are not just stand-up buffet lunches—they W Michael Griffin 2:00pm - 3:30pm / Crystal Ballroom are also great opportunities for all conference Jay Apt delegates to mingle with—and learn from— Climate change and carbon policies continue to shape CARNEGIE MELLON UNIVERSITY regional and national policies, but approaches vary students who will be presenting posters of their The Importance of Adaptability and Inertia in recent academic work in the room where lunch will widely. The objective of this plenary session is to highlight different approaches to climate and carbon policies in the Optimal Abatement Trajectories: be available. At this unique event you will be able to A Simple Analytic Model network with students and colleagues around energy U.S., Asia, and Europe, and to compare results obtained, topics in which you share a common interest. There and perspectives of these policies going forward. What Michael J Grubb role does “issue linking” play, e.g. using climate policy as will be two sets of posters, one on Monday and CAMBRIDGE CENTRE FOR MITIGATION RESEARCH a lever for increased taxation to solve fiscal problems, or another on Tuesday. So don’t wait in a long line for Rutger-Jan Lange to develop sustainable infrastructure. The discussion will Pablo Salas food and drink, be first to engage with the students also include international coordination of policies, as seen CAMBRIDGE UNIVERSITY and their posters during these 1¼ hour long breaks from the perspectives of the major actors, and the issue from the main conference. if regional climate agreements can be a step towards Evidence of Causality between Carbon global agreement. Dioxide Concentrations and Temperature See page 20 for a full list of poster session participants. Kevin F Forbes Christian von Hirschhausen (Presiding) ASSOCIATE PROFESSOR, THE CATHOLIC UNIVERSITY OF AMERICA PROFESSOR OF ECONOMICS, TU BERLIN A. Denny Ellerman Policy Implications of a Scientific Assessment PART-TIME PROFESSOR, EUROPEAN UNIVERSITY INSTITUTE of Black Carbon: Cookstove Adoption as Climate Change Mitigation DUAL PLENARY SESSION: Zhang Xiliang PROFESSOR AND EXECUTIVE DIRECTOR OF THE INSTITUTE OF James Plummer Oil & Gas Reserve Valuation ENERGY, ENVIRONMENT AND ECONOMY, TSINGHUA UNIVERSITY CLIMATE ECONOMICS INSTITUTE & Financing Karen Palmer Dale Manning SENIOR RESEARCHER, RESOURCES FOR THE FUTURE COLORADO STATE UNIVERSITY 2:00 pm - 3:30 pm / New Yorker Hotel Grand Ballroom This session will focus on resource assessment 32. Energy Innovation techniques, the process of a firm’s reserve estimation, Coffee Break Herald Square Suite and the manner in which these issues affect how firms value acreage and ultimately translate their assessments 3:30pm - 4:00pm / Foyer, Mezzanine, Grand John C Felmy (Presiding) into production. The session will also address the role of Ballroom Balcony & Loews Theater Foyer CHIEF ECONOMIST, AMERICAN PETROLEUM INSTITUTE uncertainty in estimating resources and reserves and how such uncertainty translates into production outlooks and expected profitability. Public Policies and Solar PV Innovation: An Empirical Study Based on Patent Data Kenneth B. Medlock III (Co-Presiding) CONCURRENT SESSIONS: 31 to 40 Kristoffer Bäckström SENIOR DIRECTOR, CENTER FOR ENERGY STUDIES, Robert Lundmark BAKER INSTITUTE, RICE UNIVERSITY 4:00 pm - 5:45 pm Patrik Söderholm William Furlow (Co-Presiding) LULEÅ UNIVERSITY OF TECHNOLOGY SENIOR MANAGER BUSINESS DEVELOPMENT, 31. Climate Issues The Performance Effect of Environmental Innovations SOCIETY OF PETROLEUM ENGINEERS New Yorker Hotel Grand Ballroom Tobias Stucki Sandy Fielden Martin Woerter DIRECTOR ENERGY ANALYTICS, RBN ENERGY Seth Blumsack (Presiding) ETH ZURICH, KOF SWISS ECONOMIC INSTITUTE ASSOCIATE PROFESSOR, PENN STATE UNIVERSITY W. John Lee Christian Soltmann PROFESSOR AND CULLEN DISTINGUISHED UNIVERSITY CHAIR, EUROPEAN PATENT OFFICE UNIVERSITY OF HOUSTON Do Individuals’ Perceptions of International Climate Policy Affect Their Climate-Friendly Timing is Everything: Technology Readiness Activities? Level, Regulatory and Market Adoption Claudia Schwirplies Constraints for Energy Technologies Andreas Ziegler Peter H Kobos UNIVERSITY OF KASSEL La Tonya N Walker Joachim Schleich Leonard A Malczynski FRAUNHOFER INSTITUTE FOR SYSTEMS AND David J Borns INNOVATION RESEARCH, KARLSRUHE SANDIA NATIONAL LABORATORIES

VENUE KEY: Geography and Growth: Clustering in the Diffusion of Innovations NEW YORKER HOTEL Session Continued Varun Rai LOEWS THEATER Karthik Anantha Padmanabhan MANHATTAN CENTER Matthew Stringer THE UNIVERSITY OF TEXAS AT AUSTIN P.11 / TUESDAY, JUNE 17, CONTINUED

33. Electricity Market Regulation 2 Exploring Shipping Inefficiencies in Global The Stabilizing Effect of Hydro Reservoir Gramercy Park Suite LNG Trade Patterns Levels on Intraday Power Prices Under Wind Anastasia V Shcherbakova Forecast Errors Einar Hope (Presiding) UNIVERSITY OF TEXAS, AT DALLAS Mehtap Kilic PROFESSOR OF ENERGY ECONOMICS, Bagas Dhanurendra ERASMUS UNIVERSITY ROTTERDAM NORWEGIAN SCHOOL OF ECON. AND BUS. ADMIN KPMG ADVISORY Elisa Trujillo-Baute Andrew N Kleit UNIVERSITY OF BARCELONA AND CES-IEB Transition Towards Smart Distribution Systems: PENN STATE UNIVERSITY Rethinking the Institutional Organization of Time to Rethink How to Support Intermittent European Electricity DSOs Maritime Transport for LNG, Power Generation, Renewable Energy? Linking Policy Instruments to the Value of Energy Sophia Ruester and Electric Transmission FLORENCE SCHOOL OF REGULATION Ryuta Takashima Patrick A Narbel TOKYO UNIVERSITY OF SCIENCE PHD RESEARCH SCHOLAR, NORWEGIAN SCHOOL OF ECONOMICS China’s Ability to Achieve National Energy Keisuke Inada Objectives Depends on Coordination of Shigeki Toriumi Infrastructure and Policy Initiatives CHUO UNIVERSITY 36. Electricity Modeling 3 Gang He Loews Theater 10 Daniel Kammen LNG Pricing Differences Across the Atlantic - Ana Mileva a Comparison Between the United States Hermann-Josef Wagner (Presiding) Anne-Perrine Avrin and Europe CHAIR, ENERGIESYSTEME & ENERGIEWIRTS, Josiah Johnston Virginie Krone RUHR-UNIVERSITAT BOCHUM UNIVERSITY OF CALIFORNIA, BERKELEY Anne Neumann Jianwei Tian Micaela Ponce DEA Efficiency Analysis of Solar Photovoltaic CHINA NATIONAL INSTITUTE OF STANDARDIZATION UNIVERSITÄT POTSDAM Power Stations in Germany and the United States James H Nelson Impacts of Market Uncertainties on Liqueafied Mika Goto UNION OF CONCERNED SCIENTISTS Natural Gas (LNG) Exports from the United States TOKYO INSTITUTE OF TECHNOLOGY What’s Killing Coal: The Effects of Natural Gas Tuladhar D Sugandha Toshiyuki Sueyoshi Abundance and Renewables on Coal-Fired Plants Patel Reshma NEW MEXICO INSTITUTE OF MINING & TECHNOLOGY NERA ECONOMIC CONSULTING Harrison Fell Capturing Renewable Resource Information COLORADO SCHOOL OF MINES in Top-Down Energy Models: A Hybrid Method Kaffine K Daniel 35. Intermittent Energy Integration Applied to Offshore Wind in China UNIVERSITY OF COLORADO Da Zhang Crystal Ballroom Virtual Energy: Making Money On The Bias MIT, TSINGHUA UNIVERSITY Between ISO Day Ahead Markets and Edmar Luiz de Almeida (Presiding) Sebastian Rausch Real Time Markets PROFESSOR INST. DE ECONOMIA, ETH FEDERAL UNIV. OF RIO DE JANEIRO Mark B Lively Valerie J Karplus CONSULTING ENGINEER, UTILITY ECONOMIC ENGINEERS MIT The Electricity Supply Reliability from the Ex-Ante Trade of Balancing Power Reserves Perspective of the Expansion Planning and European Energy Forward Markets and EU ETS in German Electricity Markets: The Cure to the the Power Systems Operation Regarding the Phase II: An Empirical Assessment Missing Money or a New Disease? Integration of Intermittent Sources in the Giorgio Castagneto Gissey Joonas Paivarinta Brazilian Energy Matrix IMPERIAL COLLEGE LONDON Reinhard Madlener Mauricio Dester Impact of Day-Ahead Market Pricing Rules on RWTH AACHEN UNIVERSITY Sergio V Bajay Generation Capacity Expansion STATE UNIVERSITY OF CAMPINAS Ignacio Herrero Pablo Rodilla 34. LNG Blowing Water Away: Increased Wind Power Production in a Stored Hydro Power System INSTITUTE FOR RESEARCH IN TECHNOLOGY Sutton Place Suite Olvar Bergland Carlos Batlle MIT & INSTITUTE FOR RESEARCH IN TECHNOLOGY Reinhard Haas (Presiding) NMBU PROFESSOR, VIENNA UNIVERSITY OF TECHNOLOGY Fleets of Electric Vehicles as Adjustable Negative Bidding by Wind Generation: Loads—Facilitating the Integration of Electricity A Unit Commitment Analysis of Cost and Global LNG Contract Terms and Revisions: Generation by Renewable Energy Sources Emission Impacts An Empirical Analysis Katrin Seddig Lin Deng Mark J Agerton ENERGY SOLUTION CENTER E. V. Benjamin Hobbs RICE UNIVERSITY THE JOHNS HOPKINS UNIVERSITY Wolf Fichtner Patrick Jochem Piet Renson Session Continued KARLSRUHE INSTITUTE OF TECHNOLOGY COMILLAS PONTIFICAL UNIVERSITY

Session Continued . TUESDAY, JUNE 17, CONTINUED / P.12

37. Future Supply of Oil Electricity Market Restructuring, Grid 40. Economic Analysis of Brooklyn Suite Reliability, and Nuclear Power Plant Safety Technological Innovations in the United States Loews Theater 14 John Kingston, (Presiding) Chen-Hao Tsai DIRECTOR OF NEWS, PLATTS PENN STATE UNIVERSITY Maureen S Lorenzetti (Presiding) Measuring the Effect of Government SR. COMMUNICATIONS OFFICER, THE WORLD BANK The Future of Oil: Mind the Gap Interventions: Evidence from Restructuring Michael Kumhof the US Nuclear Power Sector Unraveling the Paradox: The Economics of Using Jaromir Benes Michel Berthelemy Otherwise Wasted Heat for Cooling Douglas Laxton Lori Smith Schell Junior Maih UNIVERSITY COLLEGE LONDON, UCL AUSTRALIA EMPOWERED ENERGY Serhat Solmaz Soderberg Magnus Fan Zhang Damien Dussaux Kyle S Hosford INTERNATIONAL MONETARY FUND MINES PARISTECH | VIEW PAPER UNIVERSITY OF CALIFORNIA-IRVINE The Effect of Oil Price on Field Production: Voting on Nuclear Power—How Much Do Risk Assessment of Residential Battery Systems Evidence from the Norwegian Continental Shelf Perceptions Matter, and to Whom? (RBS): Profitability, Perceived Value Proposition, Johannes Mauritzen Piia Aatola and Potential Business Models NHH NORWEGIAN SCHOOL OF ECONOMICS Anni Huhtala Markus Graebig GOVERNMENT INSTITUTE FOR ECONOMIC RESEARCH Georg Erdmann Economic Analys of Undiscovered Petroleum TECHNISCHE UNIVERSITÄT BERLIN Resources in the Arctic: Case Barents Sea Stefan Röder South East in Norway 39. Auctions and Bid Analysis STEINBEIS-HOCHSCHULE BERLIN Terje Sorenes Loews Theater 12 Mari Kvaloy The Impact of PV Tilt Angle and Azimuth on the Benvenutta Henriksen Market Value of PV Systems and Electricity Burcu Cigerli (Presiding) NORWEGIAN PETROLEUM DIRECTORATE ENERGY ANALYST, CENTRICA PLC Generation Costs What if Oil is Less Substitutable? A New- Michael Hartner Keynesian Model with Oil, Price and Wage Strategic Bidding in Multi-unit Auctions André Ortner TU VIENNA Stickiness including Capital Accumulation with Capacity Constrained Bidders: Verónica Acurio Vásconez The New York Capacity Market Solar PV Technology Adoption in the United UNIVERSITÉ PARIS 1, PARIS SCHOOL OF ECONOMICS Sebastian Schwenen States: An Empirical Investigation of State Policy DIW BERLIN Effectiveness Managing Midstream Mayhem: Mixing New Oil With Old Infrastructure Manipulation of Day-Ahead Electricity Prices Christine L Crago Ilya Chernyakhovskiy Through Virtual Bidding Peter Whitman UNIVERSITY OF MASSACHUSETTS AMHERST Robert W Anderson Chiara Lo Prete U.S. DEPARTMENT OF ENERGY William W Hogan Cost and Price Dynamics of Solar Modules HARVARD UNIVERSITY Anshuman Sahoo Stefan Reichelstein Bidding Under a Price Cap—Evidence from an 38. Nuclear STANFORD UNIVERSITY Electricity Market Experiment Loews Theater 11 Chloe Le Coq STOCKHOLM SCHOOL OF ECONOMICS, SITE Jurgis Vilemas (Presiding) IAEE General Membership Meeting Henrik Orzen LEADING SCIENTIST, VYTAUTAS MAGNUS UNIVERSITY 5:45 pm - 6:15 pm / Sutton Place Suite UNIVERSITY OF MANNHEIM Financing the Cost of Decommissioning Nuclear Nuclear Capacity Auctions Power Plants and Spent Fuel Management: Sven-Olof Fridolfsson CAEE General Membership Meeting The Swedish Model Thomas Tangerås Lars Bergman RESEARCH INSTITUTE OF INDUSTRIAL ECONOMICS 5:45 pm - 6:15 pm / Brooklyn Suite STOCKHOLM SCHOOL OF ECONOMICS Pollution Permit Consignment Auctions: Ulf Jakobsson Theory and Experiments RESEARCH INSTITUTE OF INDUSTRIAL ECONOMICS Noah C Dormady Delegates free to enjoy The Impacts of Nuclear Phasing-Out in Japan Paul J Healy New York City on their own from Carbon Mitigation and Energy Independence THE OHIO STATE UNIVERSITY Point of View Hiroshi Hamasaki FUJITSU RESEARCH INSTITUTE VENUE KEY:

NEW YORKER HOTEL Session Continued LOEWS THEATER

MANHATTAN CENTER P.13 / WEDNESDAY, JUNE 18

WEDNESDAY, JUNE 18

REGISTRATION DUAL PLENARY SESSION: CONCURRENT SESSIONS: 41 to 49 7:00am - 5:45pm / Kips Bay Suite Utility Business Model 11:00am - 12:45pm 9:00am - 10:30am / Crystal Ballroom 41. Energy Access This session will address profound challenges to its traditional business model faced by the electric utility sector New Yorker Hotel Grand Ballroom 2015 Antalya International worldwide. Utilities must redefine their business, driven Conference Planning Meeting by the proliferation of efficient but potentially disruptive Gerardo Rabinovich (Presiding) digital technologies; by customers’ new options including MANAGER EXECUTIVE, INSTITO ARGENTINO DE LA ENERGIA (By Invitation) distributed self-generation, time-of-use price responsiveness, 8:00am - 9:00am / Sutton Place Suite and electricity storage; by entrepreneurial third parties A Recipe for Success? Randomized Free seeking to serve those customers directly; by environmental Distribution of Improved Cooking Stoves mandates including decarbonization of generation; and by in Senegal the need to maintain or improve power quality, reliability EEEP Editorial Board Meeting and resiliency in the face of increasing potential for outages Jörg Peters caused by weather or cyber-intrusions. All of these factors Gunther Bensch (By Invitation) imply major investments, none imply major increases in RWI 8:00am - 9:00am / Herald Square Suite the sales of electricity on which utilities have traditionally Paying for Improved Electricity Services in based their revenue requirements, and some imply potential for deregulation or competition where monopoly service Developing Countries: Any Role for Previous is now assumed. This panel of experts will suggest how Mitigation Action? Continental Breakfast electric utilities world-wide are planning or hoping to survive Musiliu O Oseni or even thrive in the very different electric sector business UNIVERSITY OF CAMBRIDGE, UK 8:15am - 9:00am / Foyer and Mezzanine environment of coming years, and how energy economists can bring their particular skills and expertise to bear in this Inside the Metrics – An Empirical Comparison challenging transition. of Energy Poverty Indices for Sub-Saharan Countries Presider's Huddle John W. Jimison (Presiding) Gunther Bensch MANAGING DIRECTOR, ENERGY FUTURE COALITION 8:30am - 8:50am / Mezzanine 2nd Floor RWI Ralph Izzo Exploiting the Full Potential? Cost-Efficiency CHAIRMAN OF THE BOARD, PRESIDENT AND CHIEF OPERATING and Impacts of Rwanda's Electricity Access DUAL PLENARY SESSION: OFFICER, PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED Roll-Out Program Energy Financing Joerg Peters Jigar Shah Maximiliane Sievert 9:00am - 10:30am / FOUNDER, SUNEDISON LLC New Yorker Hotel Grand Ballroom RWI The future development of global energy resources requires David M. Newbery Grid Access in Remote Alaska: Evaluating Costs both the presence of economically producible material and the DIRECTOR, EPRG, UNIVERSITY OF CAMBRIDGE and Benefits activity to convert the resources into first extractable reserves Michel Derdevet Nathaniel C Horner and then actual production. For the necessary activity to Paul Tisa occur—besides access to the resource—there must be SECRETARY GENERAL, ERDF Parth Vaishnav investment. While the issue of resources and reserves has been widely addressed, the path of future activity has gotten CARNEGIE MELLON UNIVERSITY less attention. The purpose of this session is to look at the Planning & Modeling Under Uncertainty— interesting history of how energy activity has traditionally been Coffee Break Development of the Mozambique Gas Master Plan financed and what the prospects are for future innovation to 10:30am - 11:00am / Foyer, Mezzanine, confront the changing geography and composition of global Grand Ballroom Balcony & Loews Theater Foyer Ananth P Chikkatur energy markets; what is currently working and what is not Leonard Crook and what the main challenges are moving forward. ICF INTERNATIONAL Lex Huurdeman David H. Knapp (Presiding) MANAGING DIRECTOR ENERGY RESEARCH ADVISOR, WORLD BANK ENERGY INTELIGENCE GROUP Robert Maguire PARTNER, PERELLA WEINBERG PARTNERS 42. Forecasting Technological Progress, Katherine Spector Consumer Adoptions, and Energy HEAD OF COMMODITIES, CIBC WORLD MARKETS Technology Diffusion Robert Levin Herald Square Suite MANAGING DIRECTOR, CME GROUP Eric Williams (Presiding) ROCHESTER INSTITUTE OF TECHNOLOGY VENUE KEY:

NEW YORKER HOTEL Session Continued LOEWS THEATER

MANHATTAN CENTER . WEDNESDAY, JUNE 18, CONTINUED / P.14

The Valley of Death for New Energy Technologies Spreads in International Natural Gas Prices 45. Electricity Prices Analysis Peter R Hartley – Explanations and Analysis of Intertemporal Loews Theater 10 RICE UNIVERSITY, BAKER INSTITUTE, UNI OF WEST AUST Market Equilibrium under (Political) Uncertainty Kenneth B Medlock III Yuri A Yegorov Ilhan Or (Presiding) RICE UNIVERSITY, BAKER INSTITUTE Franz Wirl PROFESSOR, BOGAZICI UNIVERSITY UNIVERSITY OF VIENNA Modeling Technology Learning for Electricity The Effect of Intermittent Renewables on the Supply Technologies EU Energy Security Through Supply Diversification: Electricity Price Variance Inês L Azevedo Do Natural Gas Discoveries in the Eastern Christoph Graf Ed Rubin Mediterranean Present A Viable Option? David Hirschmann Paulina Jaramillo Isabella Ruble UNIVERSITY OF VIENNA CARNEGIE MELLON UNIVERSITY ASSOCIATE PROFESSOR, AMERICAN UNIVERSITY OF BEIRUT David Wozabal Sonia Yeh TECHNICAL UNIVERSITY MUNICH UNIVERSITY OF CALIFORNIA DAVIS 44. Hydropower Spatially Explicit Prediction of Wholesale Analyzing Subsidies Policies with Experience and Crystal Ballroom Electricity Prices Market Curves Wesley Burnett Eric Williams Isaac Dyner (Presiding) Xueting Zhao Schuyler Matteson DEAN, UNIVERSIDAD JORGE TADEO LOZANO WEST VIRGINIA UNIVERSITY ROCHESTER INSTITUTE OF TECHNOLOGY Seth Herron Pumped-storage Hydroelectricity The Effects of Market Deregulation on Electricity WSP ENVIRONMENT & ENERGY Finn R Førsund Rates in U.S. and Canada Jean-Thomas Bernard Leveraging Peer Effects: The Impact of Social PROFESSOR, UNIVERSITY OF OSLO Wenlie Qiu Interaction-based Programs on the Diffusion Climate Change: An Opportunity for New Catherine Liston Heyes of Solar Panels Investment in Hydropower UNIVERSITY OF OTTAWA Kenneth T Gillingham Ludovic Gaudard Quantitative Risk Assessment of Rising Electricity Hilary Staver UNIVERSITY OF GENEVA YALE UNIVERSITY Prices in Japan Bryan Bollinger Costs and Benefits of Renewables Portfolio Kenichi Wada NEW YORK UNIVERSITY Standards in the United States Takashi Homma Galen Barbose Keigo Akimoto Determinants of the Rate of Improvement in Ryan Wiser RITE Energy Technologies: A Focus on Photovoltaics Samantha Weaver Elasticities of Residential Electricity Demand in Chile Jessika E Trancik LAWRENCE BERKELEY NATIONAL LABORATORY Claudio A Agostini MIT Jenny Heeter UNIVERSIDAD ADOLFO IBAÑEZ Francisco Flores-Espino Lori Bird Eduardo Saavedra 43. Natural Gas and Energy Security NATIONAL RENEWABLE ENERGY LABORATORY ILADES-UNVERSIDAD ALBERTO HURTADO Sutton Place Suite Cecilia Plottier The Brazilian Conundrum: More Hydropower, UNIVERSIDAD CATOLICA DEL URUGUAY Greater Greenhouse Gas Emissions Michael C Lynch (Presiding) Antonio Oliveira PRESIDENT, STRATEGIC ENERGY & ECONOMIC RES INC Cristiano Prado 46. Fuel Efficiency in the Tatiana Lauria Out of Gas: An Empirical Analysis of the Fiscal FEDERATION OF INDUSTRIES OF THE STATE OF Automobile Sector Regime for Exploration in India, 1999-2010 RIO DE JANEIRO - FIRJAN SYSTEM Brooklyn Suite Anupama Sen Enhanced Hydropower Representation OXFORD INSTITUTE FOR ENERGY STUDIES Meaghan Casey (Presiding) in a Long-Term Planning Model for a MARKET INTELLIGENCE MANAGER, BAKER HUGHES Security of Natural Gas Supply for Europe in the Low-Carbon European Power System Special Case of Austria Under Consideration of Christian Skar Effectiveness of Car Fuel Taxes in Europe Grid and Storage Expansion Olav B Fosso Julian F Dieler Andreas Fleischhacker Sondre H Brovold Markus Zimmer Hans Auer NORWEGIAN UNIVERSITY OF SCIENCE AND TECHNOLOGY IFO INSTITUTE FOR ECONOMIC RESEARCH Georg A Lettner (NTNU) VIENNA UNIVERSITY OF TECHNOLOGY Darko Jus UNIVERSITY OF MUNICH Case Study: A Long Term View of the United Kingdom's Natural Gas Requirements with Designing Effective Policies to Promote Special Emphasis on the Opportunities for Low Emissions Vehicles in the UK US LNG Supplies George A Day John Holding HEAD OF ECONOMIC STRATEGY, ENERGY TECHNOLOGIES INSTITUTE INDEPENDENT PRACTITIONER, JHIPEMS

Session Continued Session Continued ? P.15 / WEDNESDAY, JUNE 18, CONTINUED

California's Low Carbon Fuel Standard – 48. Electricity Market Integration An Analysis of the Effect of the WTI-Brent Review of Compliance Trends Loews Theater 12 De-Linking on the Futures Trading of Both the Julie Witcover NYMEX and the ICE Sonia L Yeh Marisa Leon (Presiding) Ronald D Ripple UNIVERSITY OF CALIFORNIA - DAVIS GERENTE COMERCIAL Y DE ADMINISTRATION, PROFESSOR, UNIVERSITY OF TULSA ADMINISTRACION DEL MERCADO ELECTRIC A Regional Demand Forecasting Study Impact of U.S. Shale Gas and Corn Markets on for Transportation Fuels in Turkey Ammonia Prices Testing for Market Integration in the Özlem Atalay Australian National Electricity Market Vignesh Natrajan Gürkan Kumbaroglu Troy Thompson BOGAZIÇI UNIVERSITY Rabindra Nepal CHEVRON John Foster Who Cares About the Fuel Efficiency Evidences UNIVERSITY OF QUEENSLAND The Viability of Energy Storage and its Based on Chinese Automobile Registration Data Dependence on Natural Gas Prices Renewable Electricity Policy and Market Yang Yu Integration Eric S Hittinger STANFORD UNIVERSITY ROCHESTER INSTITUTE OF TECHNOLOGY Thomas Tangerås Yang Shu RESEARCH INSTITUTE OF INDUSTRIAL ECONOMICS Roger Lueken HUAZHONG UNIVERSITY OF SCIENCE AND TECHNOLOGY CARNEGIE MELLON UNIVERSITY Assessing the Economies of Scope from Vertical Integration: Empirical Evidence from 47. Carbon Pricing 2 European Electricity Utilities WORKSHOP: Loews Theater 11 Klaus Gugler Stephan Schmitt The Water-Energy Nexus: Carlo Andrea Bollino, Presiding Mario Liebensteiner Challenges and Opportunities PROFESSOR, UNIVERSITY OF PERUGIA RESEARCH INSTITUTE FOR REGULATORY ECONOMICS / VIENNA UNIVERSITY OF ECONOMICS (Separate Registration Required - Visit Registration Office for Details) Robust Dynamic Optimal Taxation and Network Expansion and Market Power - Environmental Externalities How More Integration Promotes Welfare 10:00am - 1:00pm / Gramercy Park Suite Ted Temzelides Alexander Zerrahn Xin Li Daniel Huppmann Sponsored By: Rice University's Baker Institute RICE UNIVERSITY GERMAN INSTITUTE FOR ECONOMIC RESEARCH (DIW BERLIN) Center for Energy Studies Borghan Narajabad The Department of Energy is pursuing work in the water- FEDERAL RESERVE BOARD Optimal Infrastructure Investments for Renewable Energy Integration in Germany energy nexus because the nexus is integral to both energy The Demand for Voluntary Carbon Offsets: Wolf-Peter Schill security and climate change policy. This workshop will: Field Experimental Evidence from the DIW BERLIN • Overview our interconnected water and energy systems Long-Distance Bus Market in Germany Jonas Egerer • Examine how climate change and other future trends Martin Kesternich DIW BERLIN AND TU BERLIN may affect the relationship between water and energy Daniel Römer Andreas Löschel • Discuss the patchwork of factors that influence relevant CENTRE FOR EUROPEAN ECONOMIC RESEARCH (ZEW) 49. Price Linkages decision-making at multiple scales The Determinants of Voluntary Carbon Offsetting: Loews Theater 14 • Describe research and development opportunities to A Micro-Econometric Analysis of Individuals from address technical challenges across the nexus Germany and the United States Matt King (Presiding) • Describe needs in data, modeling, and analysis to Andreas Ziegler STRATEGIC SOURCING SPECIALIST, CONOCOPHILLIPS support better understanding and improved decision- Claudia Schwirplies making. UNIVERSITY OF KASSEL WTI-Brent Spread and the Value of Refining Firms Kenneth B. Medlock III (Co-Presiding) Economic Efficiency of Wind Production Amir H Sabet Richard Heaney SENIOR DIRECTOR, CENTER FOR ENERGY STUDIES, BAKER INSTITUTE, RICE UNIVERSITY Tax Credit versus Carbon Tax Andrew Caminschi Michael Goggin UNIVERSITY OF WESTERN AUSTRALIA Christopher A. Smith (Opening Remarks) SENIOR ELECTRIC INDUSTRY ANALYST, PRINCIPAL DEPUTY ASSISTANT SECRETARY FOR FOSSIL ENERGY, AMERICAN WIND ENERGY ASSOCIATION Reconsidering the Oil-Linked Pricing Rule Based U.S. DEPARTMENT OF ENERGY on Evidence of Unstable Cointegrating Relations Fletcher Fields in Asian LNG Markets ECONOMIST, OFFICE OF ENERGY POLICY AND SYSTEMS ANALYSIS, U.S. DEPARTMENT OF ENERGY Hui Chih Chai INSTITUTE OF NUCLEAR ENERGY RESEARCH, ATOMIC ENERGY COUNCIL, EXECUTIVE YUAN

VENUE KEY: Fu-Kuang Ko Lunch Cheng-Da Yuan NEW YORKER HOTEL INSTITUTE OF NUCLEAR ENERGY RESEARCH 12:45 pm - 2:00 pm / Manhattan Center Grand Ballroom LOEWS THEATER Session Continued MANHATTAN CENTER . WEDNESDAY, JUNE 18, CONTINUED / P.16

CONCURRENT SESSIONS: 50 to 57 51. Energy and its Impact on 52. Modelling and Understanding 2:00pm - 3:45pm Other Sectors Oil and Gas Markets Herald Square Suite Sutton Place Suite 50. Renewable Energy Integration Isabella Ruble (Presiding) Helen Currie (Presiding) New Yorker Hotel Grand Ballroom ASSOCIATE PROFESSOR, AMERICAN UNIVERSITY OF BEIRUT SENIOR ECONOMIST, CONOCOPHILLIPS

Reinhard Madlener (Presiding) FULL PROFESSOR OF ENERGY ECON MGMT, Energiewende: Manufacturing Sector at Risk? Optimal Capacity and Two-Part Pricing for RWTH AACHEN UNIV EON ENERGY RES Hubertus Bardt Natural Gas Pipelines under Alternative Hanno Kempermann Regulatory Constraints A Squirrel's Dilemma: COLOGNE INSTITUTE FOR ECONOMIC RESEARCH Matthew E Oliver The Value of Distributed Storage in the The Effect of Electricity Taxation on the GEORGIA INSTITUTE OF TECHNOLOGY Transition to a Low Carbon Electric Grid German Manufacturing Sector: Charles F Mason Alberto J Lamadrid A Regression Discontinuity Approach David Finnoff UNIVERSITY OF WYOMING LEHIGH UNIVERSITY Florens S Flues Hao Lu ORGANISATION FOR ECONOMIC CO-OPERATION Uncertainty Transmission in Commodity Markets Wooyoung Jeon AND DEVELOPMENT (OECD) Marc Joëts Tim D Mount Benjamin J Lutz IPAG BUSINESS SCHOOL CORNELL UNIVERSITY ZEW Tovonony Razafindrabe Efficiency of Solar Net Metering & Natural Gas and Crude Oil Price Impacts Valérie Mignon Related Policies in the United States on Corn-Based and Cellulosic Ethanol Use UNIVERSITY OF PARIS WEST James A Heidell in the United States: An Analysis Using an The Development of Gas Hubs in Europe DIRECTOR, PA CONSULTING GROUP Integrated Regional Agricultural-Energy Caterina Miriello Are Targets for Renewable Portfolio Modeling Framework Michele Polo Standards Too Low? A Complementarity- Rebecca S Dodder CENTRE FOR RESEARCH ON ENERGY AND ENVIRONMENTAL Based Policy Analysis Ozge Kaplan ECONOMICS AND POLICY, BOCCONI UNIVERSITY US ENVIRONMENTAL PROTECTION AGENCY Afzal S Siddiqui Natural Gas Supply Behavior Under Intervention: UNIVERSITY COLLEGE LONDON Simla Tokgoz The Case of Argentina INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE Makoto Tanaka Fernando H Navajas NATIONAL GRADUATE INSTITUTE FOR POLICY STUDIES (GRIPS) Amani Elobeid UNIVERSITY OF BUENOS AIRES AND FIEL IOWA STATE UNIVERSITY Yihsu Chen Diego Barril UNIVERSITY OF CALIFORNIA AT MERCED Lyubov A Kurkalova UNIVERSITY OF LA PLATA, ARGENTINA NORTH CAROLINA A&T UNIVERSITY Linking Heat and Electricity Market for Cost Competition and Cooperation in Expanding Silvia Secchi Effective Renewable Energy Integration SOUTHERN ILLINOIS UNIVERSITY the Demand Base of Natural Gas for Russia Philipp Riegebauer and Qatar Lukas Volkmann Input-Output Based Estimation of Power Youngho Chang Dieter Oesterwind Interruption Costs in Economic Sectors Thi Quynh Trang Dang CENTRE OF INNOVATIVE ENERGY SYSTEMS Aaron J Praktiknjo Tsiat Siong Tan Kar Woon Lau Assessment of European RES Policy Pathways TU BERLIN NANYANG TECHNOLOGICAL UNIVERSITY for the Period Beyond 2020 U.S. Iron and Steel Sector and Potential Gustav Resch Trading with China and India: Sebastian Busch Analysis with ISEEM Energy Model Andre Ortner Nihan Karali VIENNA UNIVERSITY OF TECHNOLOGY, Jayant Sathaye ENERGY ECONOMICS GROUP TengFang Xu Pablo del Rio LAWRENCE BERKELEY NATIONAL LABORATORY CSIC Mario Ragwitz FRAUNHOFER ISI P.17 / WEDNESDAY, JUNE 18, CONTINUED

53. Wind Effects of E-33 Time-of-Use Price Plan 56. Demand Response in Crystal Ballroom on Summer Energy Usage of Business/ Electricity Markets Commercial Customers Loews Theater 12 Lars Bergman (Presiding) Lucy Qiu FORMER PRESIDENT AND PROFESSOR, ARIZONA STATE UNIVERSITY Jonathan McClelland (Presiding) STOCKHOLM SCHOOL OF ECONOMICS Loren Kirkeide SENIOR MANAGER, KPMG SALT RIVER PROJECT Local Impacts of Wind Farms on Property Values: Measurement and Verification of Demand A Spatial Difference-In-Differences Analysis Retail Price Effects of Feed-in Tariff Regulation Response at PJM Yasin Sunak Elisa Trujillo-Baute Shira Horowitz Reinhard Madlener UNIVERSITY OF BARCELONA, CES-IEB DEMAND RESPONSE OPERATIONS, PJM RWTH AACHEN UNIVERSITY Household Customers Choice of Electricity Impacts of Electricity Rates, Income and DSM The Role of Federal and State Policies in Wind Contract in a Liberalized Electricity Market Expenditures on Residential Electricity Demand: Energy Deployment in the U.S. Kari-Anne Fange A Case Study of British Columbia Gireesh Shrimali OSTFOLD UNIVERSITY COLLEGE Michael Li MIIS, MIDDLEBURY COLLEGE Olvar Bergland BC HYDRO Melissa Lynes SCHOOL OF ECONOMICS AND BUSINESS, NORWEGIAN Woo C. K. KANSAS STATE UNIVERSITY UNIVERSITY OF LIFE SCIENCES Kahn-Lang Jenya Joe Indvik Ren Oran SPARK COMMUNITY INVESTMENT CO. ENERGY AND ENVIRONMENTAL ECONOMICS, INC 55. Climate Strategy Wind Energy Can Mitigate Market Power Loews Theater 11 Price Responsiveness in Retail and Wholesale Ofir D Rubin Market: Implications on Demand Response and Ori Ben-Moshe Paulina Jaramillo, Presiding Emissions in the Midwest ISO BEN-GURION UNIVERSITY OF THE NEGEV ASST. RESEARCH PROFESSOR, CARNEGIE MELLON UNIVERSITY Derya Eryilmaz CDM and National Policy: Synergy or Conflict? Timothy M Smith The Case of Wind Technology Diffusion in China? Climate Change Policy and the Balance of Trade UNIVERSITY OF MINNESOTA Yang Liu Gal Hochman An Analytical Approach for Elasticity of Demand SCHOOL OF MANAGEMENT, RUTGERS UNIVERSITY Activation with Demand Response Mechanisms HARBIN INSTITUTE OF TECHNOLOGY,CHINA David Zilberman Haikel Khalfallah International Knowledge Spillovers in the Wind UNIVERSITY OF CALIFORNIA BERKELEY Cédric Clastres Power Industry – Evidence from Europe A Pragmatic Approach to Energy Development UNIVERSITY OF GRENOBLE, UPMF Jonas A Grafstrom and Climate Strategy Behavioral and Appliance-specific Determinants LULEÅ UNIVERSITY OF TECHNOLOGY Donald A Hanson of the Effectiveness of Residential Electricity David K Schmalzer Demand Response Programs Deena M Patel Li Zhao ARGONNE NATIONAL LAB 54. Electricity Price Impacts Benjamin F Hobbs Loews Theater 10 Toward a New Climate Regime Establishment (4) THE JOHNS HOPKINS UNIVERSITY U.S.-Japan-China Trilateral Cooperation Frederick L Joutz (Presiding) Economic Impact of Demand Response on Costs Fengjun Duan SENIOR RESEARCH FELLOW, KAPSARC to Distribution System Operators Tetsuo Yuhara Elta Koliou Takahisa Yokoyama Angela Picciariello Distributional Effects of the Australian Renewable THE CANON INSTITUTE FOR GLOBAL STUDIES Energy Target (RET) through Wholesale and Retail Lennart Söder Tobias Eklund Electricity Price Impacts Macroeconomics, Climate Change and a New Carbon Policy Proposal Karin Alvehag Johanna M Cludius KTH ROYAL INSTITUTE OF TECHNOLOGY Iain MacGill Etienne Espagne Rudi A Hakvoort UNIVERSITY OF NEW SOUTH WALES CENTRE INTERNATIONAL DE RECHERCHE SUR L'ENVIRONNEMENT ET LE DÉVELOPPEMENT DELFT UNIVERSITY OF TECHNOLOGY Sam Forrest Cajsa Bartusch UNIVERSITY OF NEW SOUTH WALES/NERA ECONOMIC CONSULTING Thomas Brand CEPII/CES UPPSALA UNIVERSITY Residential Response to Critical Peak Events of Baptiste Perrissin Fabert Electricity: A Green Mountain Power Experience CIRED/CGDD Seth Blumsack Suman Gautam Leadership in Climate Policy: Is There a Role for PENNSYLVANIA STATE UNIVERSITY Early Unilateral Unconditional Mitigation? Paul Hines Gunnar S Eskeland VENUE KEY: UNIVERSITY OF VERMONT PROFESSOR, NORWEGIAN SCHOOL OF ECONOMICS NEW YORKER HOTEL

Session Continued LOEWS THEATER MANHATTAN CENTER . WEDNESDAY, JUNE 18, CONTINUED / P.18

PROGRAM COMMITTEE 57. Energy and Environmental CLOSING PLENARY SESSION: GENERAL CONFERENCE CHAIR Challenges Global Energy Demand Growth Michael Canes, Logistics Management Institute Loews Theater 14 and Student Poster Session Award PLENARY SESSION COORDINATOR John Holding (Presiding) 4:15pm - 5:45pm / Jonathan McClelland, KPMG INDEPENDENT ENERGY ANALYST New Yorker Hotel Grand Ballroom Since 2000 global energy demand has grown by more CONCURRENT SESSION CHAIR than 30%. Non-OECD economies have displaced OECD Implications of Residual Fuel Oil Phase Out Pierre Olivier Pineau, HEC Montreal David Ramberg economies as the key drivers of global energy demand, but on average non-OECD economies exhibit per-capita CENTER FOR ENGERGY AND ENVIRONMENTAL POSTER SESSION CHAIR POLICY RESEARCH MIT energy consumption that is still only a quarter that of OECD economies. What does this say about the amount of energy John Holding, Independent Practitioner Sam Van Vactor needed in 20, 30 or 50 years? How will we supply those ECONOMIC INSIGHT INC energy needs? What role will fossil fuels, renewables and CASE COMPETITION CHAIR Price Formation Of Exhaustible Resources: An nuclear power play? How will environmental constraints Eric Hittinger, Rochester Institute of Technology Experimental Investigation of the Hotelling Rule factor in? To what extent will local, regional and national energy markets integrate with one another? The closing TECHNICAL TOUR COORDINATOR Christoph Neumann plenary session of the 2014 NYC conference will feature Jonathan McClelland, KPMG ENERGY RESEARCH CENTER OF LOWER SAXONY leading world energy experts who will give their views Mathias Erlei on what to expect and when to expect it. SPONSORSHIP COMMITTEE CHAIR CLAUSTHAL UNIVERSITY OF TECHNOLOGY Karl J. Nalepa, Resolved Energy Consulting Ricardo B. Raineri (Presiding) Increasing Water Use Intensity and Produced ALTERNATE EXECUTIVE DIRECTOR - LA, PROGRAM COMMITTEE Water Intensity of California Petroleum Extraction THE WORLD BANK GROUP Benjamin Schlesinger, Kate M Tiedeman Jason Bordoff Benjamin Schlesinger and Associates, LLC Sonia Yeh Frederick L. Joutz Jacob Teter DIRECTOR, CENTER ON GLOBAL ENERGY POLICY, , KAPSARC SIPA, COLUMBIA UNIVERSITY Gouri Shankar Mishra Omowumi O. Iledare, Emerald Energy Institute Edward Morse UNIVERSITY OF CALIFORNIA, DAVIS Mauricio Tolmasquin , Citigroup David Knapp, Energy Intelligence Group Substituting Wind for Coal: The Effects of an PRESIDENT, EPE (EMPRESA DE PESQUISA ENERGETICA), BRAZIL Increasing Share of Wind in the United States Jason Bordoff, Columbia Ying Fan Julia Popova, NY Independent System Operator Braeton J Smith DIRECTOR, CENTER FOR ENERGY AND Angelique Mercurio COLORADO SCHOOL OF MINES ENVIRONMENTAL POLICY RESEARCH, IPM, CAS , Energy Solutions Forum John Kingston, Platts Frederik R. Janssens Carolyn Kissane, NYU COO LATIN AMERICA, ORIGIN ENERGY Jonathan Chanis, New Tide Asset Management Coffee Break WORKSHOP Peter Nance, ICF International 3:45pm - 4:15pm / Foyer, Mezzanine, Pedram Mokrian, Mayfield Fund Grand Ballroom Balcony & Loews Theater Foyer Mine Yucel, Federal Reserve Bank of Dallas William Hogan, Harvard University James Smith, Southern Methodist University Jean-Michel Glachant, Florence School of Regulation Adonis Yatchew, University of Toronto Gurkan Kumbaroglu, Bogazici University Christoph Weber, University Duisburg-Essen Hoesung Lee, Korea University Peter Kobos, Sandia National Laboratories Pablo Mulas, Instituto de Investigaciones Electricity Ricardo Raineri, The World Bank Group Ying Fan, Chinese Academy of Sciences Isaac Dyner, Universidad Jorge Tadeo Lozano Chris Pederson, Canadian Consulate Kristen Barbato, NYC Mayor's Office Peter Hartley, Rice University

STUDENT PROGRAM COORDINATOR Derek Nixon, University of California Davis

ARRANGEMENTS CHAIR David Williams, USAEE Executive Director

CONFERENCE MANAGEMENT COMPANY Administrative Management Services, Inc. P.19 / MONDAY POSTER SESSION

MONDAY POSTER SESSION 12:45 pm - 2:00 pm / Manhattan Center Grand Ballroom

1: Co-optimized Planning of 5: A Policy and Economic 9: The Influence of Dynamic 12: Economic Growth and Energy Electricity Transmission and Comparative Analysis and Pricing on Consumers’ Electricity Consumption in OECD Countries: Generation Resources Economic Comparative Analysis of Saving Behaviors: Evidences From A Causality Analysis Jonathan L Ho Carbon Capture and Storage with the Baltimore Gas and Electric Daria Kostyannikova Benjamin H Hobbs Renewable Energy Technologies in Company’s (BGE) Pilot Program CITY COLLEGE OF NEW YORK THE JOHNS HOPKINS UNIVERSITY Australia with Carbon Constrains Pengfei Liu Yue Liu 13: Optimal Incentives for James D McCalley UNIVERSITY OF CONNECTICUT Daniel J Packey Belgian Electricity Challenges Venkat Krishnan Jian Ni CURTIN UNIVERSITY Ruben Laleman IOWA STATE UNIVERSITY CAREY BUSSINESS SCHOOL, Johan Albrecht Ronald D Ripple JOHN HOPKINGS UNIVERISTY GHENT UNIVERSITY 2: Costs of Grid Integration of Wind THE UNIVERSITY OF TULSA Qiaowei Shen Energy in the Australian National THE WHARTON SCHOOL, 14: Optimal Waste-to-Energy Electricity Market 6: How Might Interprovincial UNIVERISTY OF PENSYLVANIA Investments in the Presence Migration Affect the Impact of Hue TT Nguyen of Recycling Policies Atakelty Hailu China's Energy Policies? 10: The CO Emissions of the 2 Brian M Batson Morteza Chalak Xiaohu Luo European Electricity Sector: An Harrison G Fell Chunbo Ma INSTITUTE FOR ENERGY, ENVIRONMENT, Analysis of the Factors Explaining COLORADO SCHOOL OF MINES THE UNIVERSITY OF WESTERN AUSTRALIA AND ECONOMY, TSINGHUA UNIVERSITY the Emissions’ Trend and the Valerie J Karplus Climate and Energy Policies’ 15: Quantifying CO Abatement 3: What Is “Socket” Parity And Is 2 Justin Caron Contribution Costs in the Power Sector Rooftop Solar PV There Yet Without Nicolas Berghmans Subsidies? MIT JOINT PROGRAM Kenneth Van den Bergh EHESS Erik Delarue Shelly Hagerman Xiliang Zhang Emilie Alberola KU LEUVEN Paulina Jaramillo Da Zhang CDC CLIMAT Granger Morgan TSINGHUA UNIVERSITY 16: Transmission Grid Representations CARNEGIE MELLON UNIVERSITY Benoit Cheze 7: Sustainable Low Carbon Urban in Power System Models - A PTDF IFPEN Based Approach 4: Platform Economics and Mobility Scenarios for India: André Ortner Electricity Markets A Co-Benefits Assessment of Julien Chevallier Electric Vehicle UNIVERSITE PARIS 8 DI, TECHNICAL UNIVERSITY OF VIENNA Claire Weiller UNIVERSITY OF CAMBRIDGE Poojan Chokshi 11: Distribution Network Tariffs Kalyan Bhaskar and Distributed Generation: Need Michael Pollitt Priyadarshi R Shukla JUDGE BUSINESS SCHOOL, CAMBRIDGE for an Innovative Methodology to INDIAN INSTITUTE OF MANAGEMENT Face New Challenges. Application AHMEDABAD to a Case Study 8: Nuclear Reactors' Construction Angela Picciariello Costs: The Role of Lead-Times, KTH - ROYAL INSTITUTE OF TECHNOLOGY Standardization and Technical Pablo Marín Frias Progress Javier Guillén Reneses Lina Escobar Rangel COMILLAS UNIVERSITY MINES PARISTECH - CENTRE FOR Claudio Ricardo Ramirez Vergara INDUSTRIAL ECONOMICS COMILLAS UNIVERSITY Michel Berthèlemy Lennart Söder RESEARCH ASSOCIATE KTH

IAEE's International Conference Goes Green!

In an effort to minimize the environmental impact of our meeting by increasing the use of recycled materials where possible and reducing the amount of solid waste, our conference has implemented the following measures to help reduce our carbon imprint with this meeting. Look for these changes at our conference: • No fabricated conference registration bag/satchel produced. • Less conference generated print material (promotional materials placed on publication display tables rather than provided to all delegates in registration bags). • Use of biodegradable/recyclable plates, cups, etc. during lunch meal functions and breaks. • Recyclable plastic badge holders and lanyards. • Linen refreshed in New Yorker Hotel guestrooms every two days unless requested sooner. • Leftover soap and shampoo donated to “clean the world.” • Left over food donated to City Harvest and composting plants. . TUESDAY POSTER SESSION / P.20

TUESDAY POSTER SESSION 12:45 pm - 2:00 pm / Manhattan Center Grand Ballroom

1: How Much Do Electric Drive 5: The Empirical Analysis 9: Benefits and Distributional 13: Trends in Energy Industry Vehicles Matter to Future U.S. of Hydrocarbon Releases: Effects of Regionally Integrating Consumption Relative to Emissions? An Application to the UK Support Schemes for Production Samaneh Babaee Continental Shelf Renewable Electricity Alyssa Donovan Joseph DeCarolis Theophilus Acheampong Sebastian O Busch Carey W King DEPARTMENT OF CIVIL, CONSTRUCTION, Euan Phimister Gustav Resch UNIVERSITY OF TEXAS AT AUSTIN AND ENVIRONMENTAL ENGINEERING, UNIVERSITY OF ABERDEEN VIENNA UNIVERSITY OF TECHNOLOGY NORTH CAROLINA STATE UNIVERSITY 14: Efficiency Response of Ajay Nagpure 6: The Elasticity Of Demand 10: Asymmetric Oil-Gasoline Natural Gas Power Plants to Price HUBERT H. HUMPHREY SCHOOL OF PUBLIC For Gasoline In Brazil With Price Transmission and Price in Various Market Structures AFFAIRS, UNIVERSITY OF MINNESOTA The Introduction of the Regulation in China: Evidence Matthew N Doyle Flex–Fuel Fleet from Twenty Provinces Harrison Fell 2: Natural Gas Utilisation and Ana Isabel Santos Qingtian Zhou COLORADO SCHOOL OF MINES Electricity in Nigeria & the Marcelo Colomer Ferraro UNIVERSITY OF MINNESOTA, TWIN CITIES European Union: Examining the 15: Institutions and MNE-External UNIVERSIDADE FEDERAL DO Heng Ju Legal and Regulatory Frameworks RIO DE JANEIRO Stakeholder Relationship SHANGHAI UNIVERSITY OF FINANCE Tade Oyewunmi AND ECONOMICS Piyali Rudra UEF LAW SCHOOL, 7: Social Effects in the Diffusion HELSINKI SCHOOL OF ECONOMICS UNIVERSITY OF EASTERN FINLAND of Solar Photovoltaic Technology 11: Nuclear Production and in the UK Market Power in the Nordic 16: Energy Demand, Productivity 3: Partial Equilibrium Model Laura-Lucia Richter Electricity Market Growth and Economic Growth in of Czech Energy Sector: PHD STUDENT ECONOMICS, Erik Lundin Oil Producing African Countries Coal, Nuclear or Renewables? UNIVERSITY OF CAMBRIDGE STOCKHOLM SCHOOL OF ECONOMICS Ishmael Ackah Lukáš Recka DEPARTMENT OF ECONOMICS AND CHARLES UNIVERSITY IN PRAGUE 8: Impacts of Renewable Electricity Generation on Spot 12: Analysis of Consumer Behavior FINANCE, UNIVERSITY OF PORTSMOUTH, UK Market Prices in Germany— for Residential Lighting Choices 4: The Cost of Wind Power using Consumer Panel Data 17: Who is the Good Neighbour? Forecast Errors in the Belgian A Detailed Analysis of Trade-Offs A Simulation Approach to Market Power System Between Benefits and Costs of Jihoon Min Ines L Azevedo Integration Between Colombia Kenneth Bruninx Renewable Support Schemes and Ecuador CARNEGIE MELLON UNIVERSITY William D'haeseleer Thao Pham Camila Ochoa PHD CANDIDATE, CENTRE OF GEOPOLITICS Erik Delarue UNIVERSITY OF LAUSANNE KU LEUVEN OF ENERGY AND RAW MATERIALS

USAEE CASE COMPETITION PLACEMENT ASSISTANCE

The United States Association for Energy Economics (USAEE) Case Competition is a team-based Students who register for the 2014 IAEE International competition focused on energy economics, open to teams of students across the globe. This Conference in New York and who are seeking year, the topic for the competition will be financing for global improvements in energy intensity. employment or are interested in arranging internships Participating teams worked on the designated case problem over a period of three weeks and should submit their resume to the IAEE resume bank submitted a written report detailing their methods and solution to USAEE. The three teams with (you need to log into the IAEE website and visit the best solutions will be presenting their results in Concurrent Session #17 (4:00 – 5:45pm www.iaee.org/en/Resources/careers/addcandidate.aspx in the Brooklyn Suite (from the hotel lobby take the down escalators to the Brooklyn Suite). to upload your resume). Be sure to indicate you are These three teams will be competing for first, second and third place with cash prizes of $4000, attending the IAEE International conference. $3000 and $2000 respectively. Derek Nixon, USAEE's student representative, will work This program would not be possible without the financial support of the following organizations: to facilitate introductions to suitable companies in an effort to generate face-to-face interviews at the New York conference. Potential matching will be based on the experiences and interests listed in your resume. You can also email Derek ([email protected]) with the subject IAEE Conference Job Search if you would like to discuss in depth what you are looking for. Resumes should be confined to one page if at all possible, and not more than two pages. They should indicate your time available for work or internship, particular interests, Besides a special thanks to our sponsors, we are also grateful to the USAEE Case Competition and contact information. committee that has worked quite hard over the past year to ensure the success of this event! 37TH IAEE INTERNATIONAL CONFERENCE

FUTURE IAEE EVENTS

September 19-21, 2014 BEIJING, CHINA 4th IAEE Asian Conference Energy Economics: New Challenges & Solutions IAEE INSTITUTIONAL MEMBERS Administración del Mercado Eléctrico Institute of Transportation Studies, October 28-31, 2014 Uruguay University of California, Davis ROME, ITALY USA Aramco Services Co. 14th IAEE European Conference USA Institute of Energy Economics Japan Sustainable Energy Policy and Strategies For Europe Berlin University of Technology Germany National Energy Board, Alberta Canada February 23-24, 2015 BKW FMB Energie AG IBADAN, NIGERIA Switzerland Norwegian School of Economics and Business Administration th BP Plc. 8 NAEE/IAEE International Conference Norway UK Future Energy Options: Platts Carleton University, Faculty of Public Affairs Assessment, Formulation and Implementation USA Canada Rice University, Baker Institute March 15-18, 2015 China Energy Fund Committee USA MEDELLIN, COLOMBIA China Shell International, Ltd. th ConocoPhillips 5 ELAEE Conference Netherlands USA Energy Outlook in Latin America and Caribbean: Toyota Motor North America Curtin Business School, Perth Challenges, Constraints and Opportunities USA Australia UCL SERAus May 24-27, 2015 Energy Information Administration Australia ANTALYA, TURKEY USA University of Alberta th Energy Market Authority 38 IAEE International Conference Canada Singapore Economic, Environmental, Technological University of Auckland and Security Challenges for Energy Energy Research Institute New Zealand Russia University of Stavanger October 25-28, 2015 Energy Systems Institute Norway PITTSBURGH, PA, USA Russia University of Western Australia rd ESCP Europe Business School 33 USAEE/IAEE North American Australia Conference UK UTE The Dynamic Energy Landscape Uruguay

February 18-19, 2016 ABUJA, NIGERIA 9th NAEE/IAEE International Conference Theme to be Announced ELECTRONIC COMMUNICATIONS – MOBILE SITE Since many delegates find it more convenient to access and search documents online June 19-22, 2016 rather than carry around a lot of paper, the Extended Abstracts have not been printed. BERGEN, NORWAY These documents are available for complimentary download from our website located at www.usaee.org/usaee2014/program.aspx You may download these materials on th 39 IAEE International Conference your own computer or handheld device as well. Further, the conference registration list Energy: Expectations and Uncertainty Challenges and speaker biographies have not been printed. These materials are also available on the conferences’ mobile site. Scan the QR code at right with your mobile device or for Analysis, Decisions and Policy visit www.usaee.org/usaee2014/mobile/ to gain access to the mobile site.