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May 14, 2014
Brattle Consultants to Present at Center for Research in Regulated Industries 33rd Annual Eastern Conference

Economists from The Brattle Group will present at the upcoming Center for Research in Regulated Industries (CRRI) 33rd Annual Eastern Conference, taking place May 14-16, 2014 in Shawnee on Delaware, PA.

Located at Rutgers University, the CRRI aims to further study of regulation in economics, finance, and institutions through publications, workshops, and courses available to academics, experts, and regulatory commission staff. The annual conference will feature the latest developments in the telecommunications and energy sectors, including policy and regulatory issues, postal and telecommunications, market structure and RTOs, performance and reliability, and demand response.

Principal Romkaew Broehm will present her recent whitepaper, “Is It Possible to Charge Market-Based Pricing for Ancillary Services in a Non-ISO Market?” Dr. Broehm’s paper examines the Federal Energy Regulatory Commission’s (FERC) relaxed market-based rate pricing policy for sales of some ancillary services, which allows a transmission or other supplier that passes its two indicative screens for energy and capacity markets to sell energy imbalance and reserves services at market-based rates. The paper reviews ancillary services’ technical requirements and utilizes economic principles of assessing competitive markets to demonstrate conditions under which third-party suppliers would be able to sell reactive power and regulation services at market-based rates, particularly in a non-ISO environment.

“Impact Evaluation of Ontario’s Full-Scale Rollout of Time-of-Use Rates,” co-authored by principal Ahmad Faruqui, senior associate Sanem Sergici, and associate Neil Lessem, will be presented during the T.O.D./Business Models session. The paper presents the findings of Ontario’s full-scale roll-out of Time-of-Use (TOU) rates for the first of the three-year project. TOU rates were deployed for generation charges in Ontario as a conservation measure to incentivize customers to curtail electricity usage during the peak period and/or to shift that usage to less expensive mid-peak and off-peak periods, and possibly to reduce overall electricity usage.

For more information, please visit the conference website.