Conference Program

SUNDAY 9/23 | MONDAY 9/24 | TUESDAY 9/25 | WEDNESDAY 9/26 | Printable Program

SUNDAY, SEPTEMBER 23

PhD Day

9:00 am - 1:45 pm • Richmond Room

The PhD Day is a student-only event that will be held on Sunday, September 23 from 9:00am to 1:45pm. All current PhD Students in energy economics and related fields are invited to submit papers. This year’s event follows the success of the inaugural PhD Day in Houston last year. Click here to learn more.

Sponsored by:


With the support of:

Registration

8:00am - 7:00pm • Outside Old Dominion Room

Workshop: Making Good Presentations

2:00 pm - 3:30 pm • Yorktown Room

Separate registration is required

Great ideas do not sell themselves. They have to be communicated to colleagues and clients in a compelling way. This session will offer advice on: (1) what to include and, perhaps more importantly, what to leave out; (2) creating visual aids that significantly enhance your presentation; (3) making a good impression on your audience; and (4) avoiding the most common mistakes presenters make. The most often ignored rule is that the goal of your talk is not to "present the paper" but rather to "hook" the audience with a few key concepts that will make them want to learn more.

Adam E. Sieminski (Presiding)
President, KAPSARC

Case Competition Session

4:00pm - 5:30pm • Richmond Room

Opening Reception

6:00pm - 7:30pm • Crystal Ballroom

MONDAY, SEPTEMBER 24

Registration

7:00am - 7:00pm • Outside Old Dominion Room

Student Breakfast Meeting with Mentoring Opportunities

7:00am - 8:30am • Crystal Ballroom

Networking Coffee Break

7:45am - 8:30am • Commonwealth Foyer

Welcome and Introduction

8:30am - 8:45am • Commonwealth Ballroom

Keynote Presentation

8:45am - 9:30am • Commonwealth Ballroom

Jason Bordoff (Keynote Speaker)
Director, Center on Global Energy Policy, Columbia University
"ENERGY ECONOMICS IN A POLICY-DRIVEN WORLD"

Opening Plenary Session: U.S. Energy Resurgence - Impact on the Global Geopolitics of Energy

9:30am - 11:00am • Commonwealth Ballroom

Panelists will discuss the implications for US foreign policy and multilateral agreements such as the Iran nuclear accord, the Paris Agreement of 2015 on climate change, and NAFTA negotiations, arising out of the decade-long surge in US oil and gas production. Much to the dismay of OPEC members, oil prices have declined steeply since mid-2014. US exports of crude oil and refined petroleum products reached new highs in 2017, net exports of natural gas will climb steadily by 2020, and major oil exporting countries’ government revenues have declined sharply, putting political pressure on their leadership. In response, panelists will also discuss the impact of US oil and gas production growth on the global geopolitics of energy including the Trump administration’s quest for “energy dominance.”

Herman Franssen (Presiding)
Executive Director, Energy Intelligence Group

Frank Verrastro
Senior Vice President, CSIS

Molly Williamson
Senior Fellow, Middle East Institute

Jesus Reyes-Heroles
President and former Minister of Energy, Mexico, Energia

Coffee Break

11:00am - 11:30am • Commonwealth Foyer

Concurrent Sessions 1 to 9

11:30am - 1:00pm

Keynote Luncheon

1:00pm - 2:30pm • Adams / Madison Rooms

Edie Fraser (Keynote Speaker)
Chairman and Founder, STEMconnector/Million Women Mentors
"UPWARD GROWTH: WOMEN FROM GROUND FLOOR TO C "SHE" SUITE AND BOARDS"

Dual Plenary Session: U.S. Energy Policy Deep Dive

2:30pm - 4:00pm • Richmond / Roanoke Rooms

The session explores the question of how to reconcile the nation's competing energy goals, priorities and costs (i.e., domestic energy prices, energy security, stimulating investment in rebuilding energy infrastructure, US export promotion/trade balance, strategic counter to Russia, improving China relations, strengthening/weakening NAFTA) with energy security choices (i.e. cost/value of GHG mitigation, flexibility in energy trade, catastrophic energy planning). Will tradeoffs be necessary to pursue energy goals vs energy security? What will those be?

Natalie Kempkey (Presiding)
Office of Intg and Intl Energy Analysis, U.S. Energy Information Admin

Melanie Kenderline
Principal, EJM Associates, Non-Resident Senior Fellow, The Atlantic Council

Linda Gillespie Stuntz
Partner, Stuntz, Davis & Staffier, P.C.

Kevin Book
Managing Director, ClearView Energy Partners LLC

Dual Plenary Session: Demand and the Vehicle Revolution

2:30pm - 4:00pm • Williamsburg / Yorktown Rooms

The transportation sector sits at a cross-road. A variety of alternative technologies and fuels are competing to displace the internal combustion engine. Industry regulations seek to reduce greenhouse gas emissions, increase efficiency, and promote alternative technologies. And the very act of driving may fundamentally change in coming years as autonomous vehicles enter the market. This panel will explore three dimensions of these trends—consumer behavior, policy evolution, and technical advancements—and provide expert commentary on the implications of these trends for the future of the transport sector.

Sanya Carley (Presiding)
Associate Professor, School of Public & Environmental Affairs, Indiana University

Margaret Taylor
Energy/Environmental Policy Research Scientist, Berkeley Lab

Sharyn Lie
Director, Climate Economics and Modeling Center, U.S. Environmental Protection Agency

Coffee Break

4:00pm - 4:30pm • Commonwealth Foyer

Concurrent Sessions 10 to 18

4:30pm - 6:15pm

USAEE Chapter Leadership Meeting

5:15pm - 6:15pm • Shennandoah Room

Poster Session & Networking Reception

6:30pm - 8:00pm • Adams / Madison Rooms

Student Happy Hour

8:00pm to 10:00pm • Crystal City Sports Pub

Immediately following the Poster Session & Networking Reception come join fellow students at The Crystal City Sports Pub, a 5 minute walk from the conference hotel, for further drinks and networking opportunities.

Gather at the Meeting Point (hotel lobby) at 7:50pm to walk over with the first group, or join us at your own convenience. Click here for walking directions.

TUESDAY, SEPTEMBER 25

Registration

7:00am - 6:30pm • Outside Old Dominion Room

Networking Coffee Break

7:45am - 8:30am • Commonwealth Foyer

GOVERNMENT TRACK SESSION & Concurrent Sessions 19 to 27

8:30am - 10:15am

Coffee Break

10:15am - 10:45am • Commonwealth Foyer

Dual Plenary Session: Electricity Market Design and Operations in Stress

10:45am - 12:15pm • Richmond / Roanoke Rooms

Panelists will probe major challenges facing the electricity industry: How will RTOs maintain reliability as the grid is powered increasingly by gas and renewables? Will markets work to sustain needed conventional generation, in an era of low energy prices? How should ISOs adjust their markets and planning to account for demand side management and distributed generation? Can these challenges be addressed with continued reliance on markets, or will we enter a new era of asset regulated returns?

Barney Rush (Presiding)
Board Member, ISO New England, Rush Energy Consulting

Gordon van Welie
President & Chief Executive Officer, ISO New England Inc

Andrew L. Ott
President & CEO, PJM

Thad Hill
President and Chief Executive Officer, Calpine Corporation

Dual Plenary Session: Energy Innovation Extends Supply Curve

10:45am - 12:15pm • Williamsburg / Yorktown Rooms

The session explores how innovative extraction technologies, big-data analytics, standardization, and reduction of unnecessary complexity have enabled energy firms to survive, adapt and evolve while exploiting new resources. What encourages innovation, and what preconditions allow it to flourish and spread in the industry?

Shree Vikas (Presiding)
Director Market Intelligence & Business Analysis, ConocoPhillips

Vello Kuuskraa
President, Advanced Resources International

Scott Sanderson
Principal, Oil and Gas & Digital Leader, Deloitte Consulting LLP

Robert Kleinberg
Cambridge, Massachusetts

Awards Lunch

12:15pm - 2:00pm • Adams / Madison Rooms

Concurrent Sessions 28 to 36

2:00pm - 3:45pm

Coffee Break

3:45pm - 4:15pm • Commonwealth Foyer

Dual Plenary Session: Energy Demand and Behavioral Considerations

4:15pm - 5:45pm • Richmond / Roanoke Rooms

Since 1973, energy demand trends have changed greatly, with reductions in energy per dollar of real GDP averaging almost 2% per year, motivated by a combination of economic, behavioral, and policy forces. This unscripted panel will explore issues of possible future energy demand changes, stemming from drivers such as economic forces; behavioral motivations; technology-innovation decisionmaking; regulatory changes; electrification of many end uses; integration of electrified end-use with renewables; changing expectations; political considerations; management of climate risk.

James Sweeney (Presiding)
Director, Precourt Energy Efficiency Center, Stanford University

Karen Palmer
Senior Fellow, Resources for the Future

Sebastien Houde
Research Scientist, ETH Zurich, Adjunct Professor, University of Maryland

Kenneth Gillingham
Associate Professor of Economics, Yale University

Dual Plenary Session: Energy Trading and Optimization - How the Business is Changing

4:15pm - 5:45pm • Williamsburg / Yorktown Rooms

Global energy commodity trading is undergoing a paradigm shift driven by the transformation in market structure and the entrance of new U.S. players in oil and LNG exports. Panelists involved in the business in leadership roles, and in energy market analysis, will discuss how U.S. LNG trading and, more recently, exports have challenged the old regime which was based on oil-indexed agreements with destination restrictions, and has introduced a new framework in pricing, contracting, spot trading/marketing, and other flexible commercial mechanisms.

Tina Vital
Managing Director, Castle Placement LLC

Margarita Brouwer-Boulankova
Vice President, ABN AMRO

Madeline Jowdy
Senior Director, Global Gas and LNG, PIRA

Michael Sell
Senior Vice President and ERP Program Manager, GARP

Ron Ripple
Mervin Bovaird Professor of Energy Business and Finance, The University of Tulsa

USAEE General Membership Meeting

5:45pm - 6:15pm • Shennandoah Room

WEDNESDAY, SEPTEMBER 26

Registration

7:00am - 6:00pm • Outside Old Dominion Room

Denver Conference Planning Meeting

7:30am - 8:30am • Washington I & II

Networking Coffee Break

7:45am - 8:30am • Commonwealth Foyer

Dual Plenary Session: The Battery Revolution

8:30am - 10:00am • Richmond / Roanoke Rooms

The energy storage industry is experiencing lower prices, rapid scale-up in production, and a growing set of on- and off-grid applications. This session will discuss current and future implications of these trends: storage applications, coupling with renewable generation, market/policy barriers and opportunities, effects on electricity system emissions, and the potential threat to centralized electricity & natural gas markets.

Benjamin Schlesinger (Presiding)
President, Benjamin Schlesinger and Associates LLC

Eric Hittinger
Associate Professor of Public Policy, Rochester Institute of Technology

Jason Burwen
Vice President, Policy, Energy Storage Association

Colleen Lueken
Director of Market Analytics, Fluence

Dual Plenary Session: Changing Balance of Government Energy Policy and Regulation

8:30am - 10:00am • Williamsburg / Yorktown Rooms

This session will explore the changed federal perspective on energy regulation and policy, the incidence of federal regulation across different states, and areas of agreement or contention with differing states and/or regions. Implications for economic growth and consequent energy planning will be discussed.

Peter Balash (Presiding)
Senior Economist, National Energy Technology Laboratory

Travis Fisher
Senior Advisor, U.S. Department of Energy

R. Dean Forman
Chief Economist, American Petroleum Institute

Joseph R. Balash
Assistant Secretary of the Interior, Land and Minerals Management

Coffee Break

10:00am - 10:30am • Commonwealth Foyer

Concurrent Sessions 37 to 45

10:30am - 12:15pm

Student Awards

12:15pm - 12:30pm • Richmond / Roanoke Rooms

Closing Plenary Session: Energy Technology Leapfrogging - Could It Happen?

12:30pm - 2:00pm • Richmond / Roanoke Rooms

What are the technological changes that might make forecasts go wrong? Could artificial intelligence give us faster economic growth make energy demand surprise to the upside? Will building, industry, and transportation efficiencies reduce energy demand? How will electric vehicles and autonomous vehicles change the patterns of energy use? Will the rapid drop in renewable energy costs continue? Could grid-scale batteries and distributed power completely upset the electric power business? Is the technological revolution in shale oil and gas just getting started? Are small modular reactors a realistic option for nuclear power over the next 25 years? What happens in the energy markets if we actually figure out how to capture, use, or sequester carbon?

Adam E. Sieminski (Presiding)
President, KAPSARC

David Knapp
Chief Energy Economist, Energy Intelligence Group

Sarah Ladislaw
Director & Senior Fellow, CSIS

Christophe Bonnery
Vice President, Economics and Prospective, Enedis

Workshop - Energy Risk Management: Understanding Hedging, Futures and Option Markets

2:15pm - 6:30pm • Adams Room

Separate registration is required.

Alan H. Levine
CEO and Chairman, Powerhouse, Washington, DC

Elaine E. Levin
President, Powerhouse, Washington, DC

Prices for all types of energy are subject to lots of variation with serious implications for net profit. Futures markets arose to help companies deal with the uncertainty of pricing. These markets have become benchmarks of international pricing for oil and natural gas. Despite the widespread adoption of price risk management using futures contracts, many industry participants misunderstand the purpose and construction of futures markets and their related options. This has created a mythology surrounding futures markets and their uses. In this workshop, we will discuss using real world examples:
· The financial instruments available to energy price risk managers
· The role futures play in determining price
· How options work and are used by energy producers and marketers
· The changing venues for electricity hedging
· The availability of exotic futures instruments for protection against adverse weather and non-standard swaps
· The psychology of markets and technical trading

For more information, please click here

Workshop II

2:15pm - 6:30pm • Madison Room


By the act of registering and attending this USAEE/IAEE North American conference, you agree that USAEE/IAEE shall acquire the right to use your name, photograph, video recording, and/or audio recording in reporting on the conference in their publications or website, in publicity for future conferences, or in other reasonable manners for the benefit of the Association(s). You further agree to waive any liability on the part of the USAEE/IAEE, and to hold the USAEE/IAEE harmless, for any damages, injury, or loss of benefits that you incur during your travel to or from or attendance at this conference.