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July 02, 2014
Hannes Pfeifenberger Presents at International Energy Agency Electricity Security Advisory Panel

Brattle principal Hannes Pfeifenberger recently spoke at the International Energy Agency (IEA) Electricity Security Advisory Panel (ESAP), which took place July 2-3 in Paris, France.

The conference featured two expert workshops: “Scarcity and Flexibility Pricing,” and “Demand Response” over the two-day program. Panelists discussed new developments in electricity markets and possible market improvements that are needed to ensure electricity security.

Mr. Pfeifenberger participated in the Demand Response workshop panel session, “Options to improve scarcity pricing,” which discussed the reserve margins that are needed to factor in the uncertainty of extreme weather events associated with climate change, or the uncertainty of power plant retirements. Specifically, he spoke on resource adequacy requirements and market design implications on the electricity market.

Mr. Pfeifenberger's presentation can be downloaded using the link below.