Trevor L. Davis
Program on Energy and Sustainable Development
616 Jane Stanford Way
Encina Hall East, 4th Floor
Stanford, CA 94305-6055
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trevor.l.davis@stanford.edu
Social Science Research Scholar
Trevor L Davis is a Social Science Research Scholar in the Program on Energy and Sustainable Development and the Department of Economics at Stanford University. His research interests include studying the influence of market design on electricity market outcomes. Before coming to Stanford he worked in a macroeconomic forecasting section at the Federal Reserve Board of Governors and earned a BA in economics and statistics from the University of Chicago and a MS in statistics from George Washington University.
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PESD director Frank A. Wolak talks energy with Japanese CEOs and former PM
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Frank Wolak was a panelist at a one-day symposium in Tokyo put on by the Center for International Public Policy Studies entitled “Can Japan have a new economic paradigm after the catastrophic quake and tsunami on 11th March?”.
Wolak described how active demand-side participation by consumers through the use of dynamic pricing could help manage Japan’s current energy shortfall and benefit Japanese industry by stimulating the demand for the advanced metering and other electronic equipment necessary to implement dynamic pricing. Wolak summarized the results of several PESD research projects demonstrating significant price-responsiveness at both the residential and industrial level to retail prices that vary with real-time system conditions.
The major topic at the symposium was how Japan would meet its current and future electricity supply needs and what role nuclear power should play. There was general agreement among the panelists that nuclear power should remain part of Japan’s energy mix for both economic and energy security reasons, along with more stringent nuclear safety regulations. Other participants included Junichiro Koizumi (former Prime Minister of Japan) and Chief Executive Officers from a number of major Japanese corporations including Toshiba, Nippon Steel, Toyota, Panasonic, and Canon.
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Wolak Participating as a Panelist at the Uptime Institute Symposium 2011
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PESD Director Frank Wolak will be participating in the Uptime Institute Symposium 2011 from May 9-12, 2011. Wolak will be among a few panelists on "The Future of Energy" session to discuss key issues in electricity markets and electricity delivery that data center operators may need to understand and prepare for over the next 2-5 years.
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Transmission Policies to Unlock America's Renewable Energy Resources
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On behalf of PESD, Stanford co-hosts PIE, TomKat, and SIEPR, and external sponsors Pillsbury Winthrop Shaw Pittman and the Kauffman Foundation, convened an all-day conference on September 15 on “Transmission Policies to Unlock America’s Renewable Energy Resources”
The traditional transmission paradigm was well-adapted to fossil fuel plants built near cities and operated by vertically-integrated utilities. We need a whole new transmission paradigm to realize the potential of intermittent wind and solar generation in today’s wholesale markets.
The conference sessions (see Agenda) focused on different aspects of what this new paradigm will have to look like, focusing on the Western region. How can markets for renewable energy credits help drive transmission policy? Who will pay for new transmission that straddles state lines and service areas? How can environmental impacts be weighed without bogging down transmission planning?
Our distinguished speakers and discussants have many years of experience working on precisely these issues from the academic, industry, nonprofit, and government perspectives. This event brought new insights into how to move forward on transmission in the West, and we thank everyone who participated.
For conference photos, click here
Opening remarks by Frank Wolak, Director, Program on Energy and Sustainable Development
Session 1: The Paradigm Shift in the Role of the Transmission Network
Speaker—Lorenzo Kristov, Principle, Market and Infrastructure Policy, California Independent System Operator (ISO)
Discussants: James Bushnell, Associate Professor, UC Davis Department of Economics and Udi Helman, Director, Economic and Pricing Analysis, BrightSource Energy
Session 2: Policy Tools for Meeting Renewable Energy Goals
Speaker—Harry Singh, Vice President, Goldman Sachs
Discussants: Sydney Berwager, Director, Strategy Integration, Bonneville Power Administration and Julie Fitch, Director, Energy Division, California Public Utilities Commission
Session 3: Developing a Regional Transmission Planning Process
Speaker—Brad Nickell, Director of Transportation Expansion Planning Western Electricity Coordinating Council
Discussants: Scott Cauchois, Transmission Expansion Planning Policy committee Chair, Western Electricity Coordinating Counsil and Rebecca Wagner, Commissioner, Nevada Public Utilities Commission
Session 4: Paying for Transmission
Speaker—Douglas Kimmelman, Senior Partner, Energy Capital Partners and Perry Cole, Managing Director, Energy Captial Partners
Discussants: Michael Hindus, Partner, Pillsbury Winthrop Shaw Pittman LLP and Darrel Thorson, VP, Business Development North America, BP Wind Energy
Session 5: Environmental Impacts of Transmission Siting
Speaker—Sean Gallagher, Managing Director, Government and Regulatory Affairs, K Road Power
Discussants: Julia Souder, Project Development Manager, Clean Line Energy Partners and Carl Zichella, Director of Western Transmission, Natural Resources Defense Council
Session 6: Lessons for Transmission Planning and Pricing
from Other Jurisdictions
Speaker—Benjamin Hobbs, Director, Environment, Energy, Sustainability,
and Health Institute, Johns Hopkins University
Discussants: Cristian Munoz, Engineer, AES Gener, Santiago, Chile and
Alex Papalexopoulos, President and CEO, ECCO International, Inc.