Associate Director Dr. Laura T. W. Olive will speak at the Institute for Energy Law’s Young Energy Professionals Workshop on Introduction to Electricity Markets.” Dr. Olive will:

• Describe the economics of the electricity sector from power generation to household consumption;
• Compare vertically integrated regions to the nine North American organized competitive power markets (e.g., PJM, ERCOT, MISO) and the incentives arising from differences in regulation; and
• Review how independent system operators determine the order to dispatch generation, how wholesale prices are determined, and the effects of integrating more gas and renewables on prices and reliability.