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Phone: 216.464.2785
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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 EI
3801 Canterbury Road
Baltimore, MD, 21218


Jessica Corriere
c/o Consolidated Edison
4 Irving Place
New York, NY 10003


Madlen Massarlian
c/o Consolidated Edison
4 Irving Place
New York, NY 10003

Board Member

David Bomke
New York Energy Consumers Council, Inc.
11 Penn Plaza, Fl 22
New York, NY, 10001-2006

Board Member

Micah Kotch
65 E. 3rd Street
Brooklyn, NY, 11218

Board Member

Angelique Mercurio
Cora Capital Advisors
445 Park Avenue, 9th Floor
New York, New York 10022

General Counsel

Joseph F. Daniels
Hodgson Russ LLP
1540 Broadway, 24th Floor
New York, NY 10036


New York Events

May Luncheon, May 14, 2015

Topic: Analyzing The Costs And Benefits Of Microgrids

Speaker(s): Micah Kotch and Brian Morrison

Date: May 14, 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 Micah Kotch, director of NY Prize and strategic adviser for innovation at NYSERDA and Brian Morrison, Principal at Industrial Economics, Incorporated to our monthly NYAEE Luncheon on Thursday, May 14th, 2015.

In 2014, Governor Andrew Cuomo announced a comprehensive strategy under Reforming the Energy Vision, (known as 'REV') to transform New York's energy system. This includes soliciting proposals to fund the development of microgrids in selected communities throughout the state through NY Prize. Microgrids are electricity distribution systems that can operate when connected to the larger grid, but can also disconnect from it and operate independently during an emergency. This capability enables them to support the delivery of critical services when the conventional grid is down. NY Prize helps communities reduce costs, promote clean energy, and build reliability and resiliency into the electric grid. NY Prize is helping inform REV; the statewide endeavor to modernize New York State's electric grid, spurring innovation and community partnerships with utilities, local governments, and the private sector. NY Prize will enable the technological, operational, and business models that will help communities reduce costs, promote clean energy, and build reliability and resiliency into the grid.

The anticipated benefits of each microgrid will be an important consideration in evaluating community proposals for state funding. This presentation will describe the goals of NY Prize, and the model developed to assist the New York State Energy Research and Development Authority (NYSERDA) in evaluating these benefits, as well as each project's costs. The model will enable the New York State Public Service Commission and NYSERDA to identify investments that are likely to be beneficial from a public policy perspective.

A key consideration in evaluating the benefits of a microgrid is the frequency of major power outages, which can be difficult to predict. Concern that climate change is likely to increase the frequency of such outages is high in New York, which suffered nine presidentially declared weather disasters, including Hurricane Sandy, from 2010 through 2013. To address this concern, the model relies on breakeven analysis to determine how often lengthy outages would need to occur for the benefits of a microgrid to equal its costs. The results can be compared with historical data on the frequency of major outages to determine whether development of a microgrid is likely to be cost-effective.

Micah Kotch is director of NY Prize and strategic adviser for innovation at NYSERDA. He is responsible for the design and oversight of NY Prize, helping to catalyze the innovation and entrepreneurship necessary to transform New York State's electric power infrastructure. Micah joined NY Prize after serving five years as director of innovation and entrepreneurship and executive director of the New York City Accelerator for a Clean and Resilient Economy (NYC ACRE) at New York University's Polytechnic School of Engineering. He served as an early board member for NYAEE.

Brian Morrison is a Principal at Industrial Economics, Incorporated, a policy and economics research firm in Cambridge, Massachusetts. He specializes in analyzing the costs and benefits of programs related to energy, the environment, public health, and homeland security. He is currently working with NYSERDA to evaluate the costs and benefits of developing microgrids at sites throughout New York State. During the initial phase of this effort Mr. Morrison guided development of a white paper on best practices in analyzing the costs and benefits of microgrids. The methodology he designed provided the foundation for development and application of a benefit-cost model to assess the economic feasibility of microgrid projects. Mr. Morrison oversaw application of this model to a series of case studies that NYSERDA incorporated into a report to the State Legislature on the potential for microgrids to enhance the resilience of critical service facilities during major power outages. He is now leading IEc's efforts in support of the launch of NY Prize, a $40 million competition to fund the development of microgrids in selected communities throughout the state.

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