Broehm_076
Biography
Testimony
Publications

Dr. Broehm is an economic expert in the electric utility industry. She specializes in the areas of market competition, impacts of regulatory policies on wholesale power markets and power assets and valuation, price forecasting, demand response programs, and the evaluation of power procurement. She has assisted clients in both litigation and consulting settings.

Dr. Broehm has submitted testimony in a number of market-based rate (MBR) proceedings before the Federal Energy Regulatory Commission (FERC). She has analyzed potential competitive impacts of M&A transactions on wholesale power markets for both horizontal and vertical market power aspects in various power markets, such as ISO-NE, NYISO, PJM, SERC, FRCC, SPP, Entergy System, and WECC. She has also led numerous studies related to price forecasting and short- and long-term marginal costs, and advised utilities on how potential demand-side management and demand response programs could impact both integrated resource planning and economic evaluations of generation and transmission expansions.

Dr. Broehm has experience analyzing and testifying on potential market manipulation allegations. She co-authored comments submitted to the Commodity Futures Trading Commission (CFTC) that proposed a practical definition of market manipulation. She has also presented on navigating the complexities of the Dodd–Frank Wall Street Reform and Consumer Protection Act, which focuses on how energy companies should address the economic, governance, regulatory, and transaction issues they will face as they begin implementing the requirements of the Act.

In addition, Dr. Broehm provides to her clients analyses and litigation support on the prudence of particular investment decisions and power procurement decisions, as well as the valuation of “provider of last resort” supplies. Her experience in pricing and ratemaking includes designing and evaluating dynamic pricing programs, such as a real-time pricing programs and block rate designs. She has implemented demand simulation models to analyze changes in net economic benefits due to changes in rate design.

Prior to joining The Brattle Group, Dr. Broehm taught Economics and Statistics at the University of Wisconsin-Milwaukee and Cardinal Stritch College.

Presentation
Electric Utility Integrated Resource Plan (IRP): Demand-Side Resources
July 16, 2014
Presented to the Thai Energy Regulatory Commission, OERC, and Utilities Delegation, Boston, MA
Report
Summary of Proposed Refinements to Market-Based Rates Policies & Procedures
June 2014
Romkaew P. Broehm and Richard Sweet
Published by The Brattle Group, Inc., in response to Notice of Proposed Rule Making (Docket No. RM14-14)
Presentation
Is It Possible to Charge Market-Based Pricing for Ancillary Services in a Non-ISO Market? Regulation and Operating Reserves
May 16, 2014
Presented at the Center for Research in Regulated Industries 33rd Eastern Conference
Article
Dodd Frank Compliance for Oil and Gas Companies
February 6, 2012
Julia E. Sullivan, Cary Oswald, and Romkaew P. Broehm
Published in Oil & Gas Monitor
Report
Comments of Romkaew P. Broehm, Peter S. Fox-Penner, Oliver Grawe, and James Reitzes to the Federal Energy Regulatory Commission Regarding the Analysis of Horizontal Market Power Under the Federal Power Act, Docket No. RM11-14-000
May 23, 2011
Prepared for Federal Energy Regulatory Commission Staff
Report
Comments of Romkaew P. Broehm and Peter S. Fox-Penner, re: Market-Based Rates for Wholesale Sales Of Electric Energy, Capacity and Ancillary Services by Public Utilities
May 2011
Report
Losing Money to Increase Profits: A Proposed Framework for Defining Market Manipulation
March 2011
Published by The Brattle Group, Inc.
Report
Comments of Dr. Daniel Arthur, Dr. Romkaew P. Broehm, and Mr. Gerald A. Taylor to the Commodity Futures Trading Commission Regarding the Notice of Proposed Rulemaking on the Prohibition of Market Manipulation, 17 CFR Part 180
January 2011
Prepared for the Commodity Futures Trading Commission
Report
Changes to the FERC's Market-Based Rates Requirements
June 2007
Published by The Brattle Group, Inc.
Report
Comments on the FERC Notice of Proposed Rulemaking on Market Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by Public Utilities (with Peter S. Fox-Penner), Docket No. RM04-7
August 7, 2006
Published by The Brattle Group, Inc.
Article
The New Art of Plant Acquisition
June 2006
Published in Public Utilities Fortnightly
Report
Deregulated Electricity Pricing in the U.S.: Dramatic New Rules From the FERC
April 25, 2004
Published by The Brattle Group, Inc.
Article
The Regulation of Competition in Wholesale Electric Power Markets
October 2002
Published in Energy Law Journal
Article
Price-Responsive Electric Demand: A National Necessity, Not an Option
2002
In Electricity Pricing in Transition, edited by Ahmad Faruqui and B. Kelly Eakin, and published by Springer
Report
Impact of Changing Fuel and Power Market Structures on Price Behavior
2001
Published by Electric Power Research Institute (EPRI)
Report
How Competitive Market Dynamics Affect Coal, Nuclear and Gas Generation and Fuel Use — A 10 Year Look Ahead
1999
Published by Electric Power Research Institute (EPRI) and Gas Research Institute (GRI)
Report
Energy Market Impacts of Electric Industry Restructuring: Understanding Wholesale Power Transmission and Trading, Final Report
March 1998
Lynda S. Borucki, Romkaew P. Broehm, Frank C. Graves, S.L. Thumb, and A.M. Schaal
Published by Electric Power Research Institute (EPRI)