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New York City Chapter

The New York Chapter of the United States Association for Energy Economics is committed to expanding the reach of energy information in both the private and public sectors in the State of New York, and surrounding area.

Its goals are to:

  • provide for the mutual association of persons interested in energy economics in order to create a forum for professional discussion
  • provide a means of professional communication and exchange of experience and ideas among persons interested in energy economics from within New York and the surrounding area
  • educate the community on energy economic issues

Anyone interested in the array of issues affecting energy economics--including theory, markets, public policy, and the environment--is invited to join and actively participate.

The Chapter holds periodic luncheon meetings featuring guest speakers. Please contact the Chapter President for further information.

Chapter Website:



Carl Liggio
Pharos Enterprise Intelligence, LLC

Vice President

Steven Lichtin
Stasis Energy

Board Member

David F. Bomke
The Fulcrum Group

Board Member

Andrew Hunter
Cornell University

Board Member

Harry Charalambides

Board Member

Sara Jayanthi
New England Clean Energy Council

Board Member

Tim Lezgus


New York Events

October Luncheon, Oct 15, 2015

Topic: Methodology for Quantifying the Carbon Dioxide Emissions Benefit of Various Small Scale Energy Projects

Speaker(s): Carl Liggio of Pharos Enterprise Intelligence and Frank Norcross of Bernhard Energy

Date: September 17, 2015

Meeting Location: Tonic Bar 727 7th Ave, bw 48th and 49th. Upstairs Dining Room. Access via the following subway lines - 1,N,R,W,B,D,F,V,C,E.

Meeting Time: 12:00 - 2:00pm

Price: Members $25, Non-Members $30. ($10 premium for walk-ins)

RSVP: Limited space. RSVP & Pay Online here


Please join the New York Association for Energy Economics when we welcome Carl Liggio of Pharos Enterprise Intelligence and Frank Norcross of Bernhard Energy to our monthly NYAEE Luncheon on Thursday, October 15, 2015. Please note this lunch is a week later than our usual second Thursday of the month.

A common question asked of various distributed generation and energy efficiency projects is: "Will it result in an improvement in carbon dioxide emission rate over what the grid is producing?" Unfortunately, a simplistic comparison of a project's emissions rate to the average grid emissions rate can prove to be significantly inaccurate and may prevent many projects with a carbon dioxide improvement from being developed. This talk will provide a simple methodology for more appropriately evaluating a proposed project's emissions benefit.

Carl Liggio will explain the methodology. The talk will begin with a basic overview of how wholesale power markets works and how power prices are determined. That information will be used to develop a proxy for a market generator to compare against the project on the basis of emissions. The talk will focus specifically on developing a project in New York City. Attendees should expect to walk away with a basic understanding of the methodology and an ability to put it into practice.

Frank Norcross will then provide a case study in applying the methodology used to evaluate the cogeneration plant at Hudson Yards.

Carl Liggio Jr. is managing partner for Pharos Enterprise Intelligence, LLC a software and consulting company focused on the commercial management of power plants. Carl's expertise is focused on power plants in deregulated power markets. His clients are independent power producers with large wholesale power plants. Prior to starting Pharos he was the Director of Commercial Strategy and Alternative Energy Programs for US Power Generating Company who owns and manages 20% of the New York City electrical capacity. As a consultant he worked with New York City on evaluating the five year anniversary of PlaNYC. Carl teaches and organizes a series of Introductory Energy Intercession classes at Johns Hopkins University and guest lectures for colleagues at various New York Universities. He is on the advisory council to the Environment, Energy, Sustainability and Health Institute (E2SHI) at Johns Hopkins University. Carl has a BS, MS and Ph.D. in Civil Engineering and Masters in Systems Analysis and Economics for Public Decision Making from the Department of Geography and Environmental Engineering at Johns Hopkins University.

Frank Norcross is a project manager for Bernhard Energy, an energy project development and investment firm focused on distributed generation assets. In this capacity, he leads diligence efforts in evaluating and developing project opportunities and covers disciplines from energy and financial modeling to regulatory analysis. Prior to Bernhard Energy, he worked at the US Department of Energy, Office of Energy Efficiency and Renewable Energy and assisted state and local government efforts to implement energy efficiency projects in their municipalities. Prior to DOE, he served in the Submarine Warfare community of the US Navy and was stationed aboard the USS Greeneville (SSN-772). Frank holds a BS in Systems Engineering from the US Naval Academy and a Master in Public Affairs with a focus on Economics and Public Policy from the Woodrow Wilson School at Princeton University.

Register online at: this link.

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