The focus of our research has moved here:

We are a "virtual" Policy Center and have no ability to accommodate a visiting scholar. 

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:  steven@stoft.cQm)

Steven Stoft, the founder and director of the Global Energy Policy Center, received his Ph.D. in economics from U.C. Berkeley in 1982, studying under George Akerlof. He has been an energy economist since 1987 when he joined the Lawrence Berkeley National Laboratory and has been an independent consultant since 1999, specializing in electricity market design. He has recently published his second book, Carbonomics, and has now shifted focus to energy and climate policy. 

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

Peter Cramton is a senior advisor to the Global Energy Policy Center. Dr. Cramton is Professor of Economics at the University of Maryland. He has advised the UK, the US, and Australia on greenhouse gas auction design, including the world’s first auction for greenhouse gas emissions held in the UK in 2002. Since 1997, he has advised ISO New England on electricity market design and was a lead designer of New England’s forward capacity auction. He led the design of electricity and gas markets in Colombia, including the Firm Energy Market, the Forward Energy Market, and the Long-term Gas Market. Since 2001, he has played a lead role in the design and implementation of electricity auctions in France and Belgium, gas auctions in Germany.

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

François Lévêque, a senior advisor to the Global Energy Policy Center, is a Professor of Law and Economics at École des Mines de Paris. In 1996 he published the seminal work, Environmental Policy In Europe (Edward Elgar Publishing), and in 1999 he edited Voluntary Approaches in Environmental Policy (Springer). He is co-editor of 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, 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

Daniel Kirshner is a senior advisor to the Global Energy Policy Center.  He was Senior Economic Analyst at the Environmental Defense Fund (EDF), where he worked for 26 years.  He was a participant in the California regulatory proceedings which led, as the result of EDF's advocacy, to the first electric utility investments in customer energy efficiency measures. He developed the "Elfin" electric utility computer simulation model to analyze energy efficiency and renewable energy as alternatives to traditional coal and nuclear electricity generation.  He has served as a consultant to electric utilities, the California Public Utilities Commission, and the California Energy Commission.  He served as a member of the Board of Governors of the California Independent System Operator. Mr. Kirshner assisted Steven Stoft with his recent book, Carbonomics. He received B.A. degrees in Economics and Physics from the University of California at Santa Cruz.