About the Global Energy Policy Center
The Global Energy Policy Center was founded in November 2009 to advance global energy and climate policy in tandem. Both require international cooperation, and only when properly linked can either succeed. This emphasis on cooperation and linkage sets the GEP Center apart from other energy and climate organizations.
International cooperation requires the Center's orientation toward strategy, economics and treaty design rather than toward the targets and timetables that are now fashionable. Linking climate and energy requires an analysis of feedback mechanisms that operate through the global market for liquid fuels—both fossil fuels and biofuels. (Contact: email@example.comQm)
In 2002 he served as the expert economic witness before FERC for California’s Public Utilities Commission in their attempt to recover part of the $40 billion spent on long-term contracts during the electricity crisis. From 2004 to 2006, he helped design ISO‐New England’s capacity market and served as ISO-New England's expert economic witness, successfully defending the market design before FERC. From 1999 to the present he has consulted for the market monitor of the PJM power market. In 2002 he published Power System Economics, which has been translated into Chinese and Russian. Prior to consulting, Stoft served in the office of economic policy at FERC, was a research associate at the University of California’s Energy Institute, a staff scientist at Lawrence Berkeley National Laboratory focusing on appliance standards, and an assistant professor at Boston University. He also holds a B.S. in engineering mathematics from the University of California at Berkeley. Vita
Since 1983, he has conducted research on auction theory and practice. This research appears in the leading economics journals. The main focus is the design of auctions for many related items. Applications include spectrum auctions, electricity auctions, and treasury auctions. On the practical side, he is Chairman of Market Design Inc., an economics consultancy founded in 1995, focusing on the design of auction markets. He has advised numerous governments on market design and has advised dozens of bidders in high-stake auction markets. Since June 2006, he played a leading role in the design and development of Ofcom’s spectrum auctions in the UK. He led the development of the FAA’s airport slot auctions for the New York City airports. He received his B.S. in Engineering from Cornell University and his Ph.D. in Business from Stanford University. Vita
Security Of Energy Supply In Europe, forthcoming in August 2010 (Edward Elgar Publishing). He taught economics of natural resources at the École des Mines (1984-1990) and environmental economics at EHESS (1997-2001) and at Pavia University (1999-2002). In 2007, he launched the academic, multi-author, Energypolicyblog.com. His consulting firm, Microeconomix, founded in 2002, launched its Energy & Climate practice in 2009, with the publication of "CO2 allowances and windfall profits in the power industry: three common fallacies" in Energy Focus, and three other papers on wind power in Europe, published in Energy Policy. Professor Lévêque is equally active in the areas of antitrust, intellectual property rights and network regulation. Vita