Financialization of Energy & Environmental Markets

Thursday, December 4, 2014

• 8:00am - 8:30am PST

  Registration and Breakfast

• 8:30am - 8:45am PST

  Opening Remarks

  Frank Wolak

• 8:45am - 9:00am PST

  Introduction to the Energy and Environmental Market Game

  Mark Thurber

• 9:00am - 10:00am PST

  Session I: Benefits and Costs of Involving Financial Market Participants

  Frank Wolak

  Discussant(s):

  Kamal Hamdan, Goldman Sachs
  Ellen Wolfe, Resero Consulting

• 10:00am - 10:30am PST

  Break / Energy and Environmental Commodity Trading

• 10:30am - 11:30am PST

  Session II: Financial Participants in Environmental Markets

  Severin Borenstein, University of California, Berkeley

  Discussant(s):

  Michael Wara, Stanford Law School
  Brad Neff, Pacific Gas and Electric Company

• 11:30am - 12:30pm PST

  Session III: Financing Energy Infrastructure Investments

  Doug Kimmelman, Energy Capital Partners

  Discussant(s):

  Michael Hindus, Pillsbury Winthrop Shaw Pittman LLP
  Matthew Barmack, Calpine

• 12:30pm - 1:30pm PST

  Lunch / Energy and Environmental Commodity Trading

• 1:30pm - 2:30pm PST

  Session IV: Impact of Financial Participants in Global Oil Markets

  James Hamilton, University of California, San Diego

  Discussant(s):

  Joseph Konizeski, Commodity Futures Trading Commission
  Jeff Harris, American University

• 2:30pm - 3:00pm PST

  Break / Energy and Environmental Commodity Trading

• 3:00pm - 4:00pm PST

  Session V

  Roy Shanker, Consultant in Energy Markets

  Discussant(s):

  Larry Gasteiger, Federal Energy Regulatory Commission
  Shaun Ledgerwood, Brattle Group

• 4:00pm - 4:30pm PST

  Session VI: Lessons from the Energy and Environmental Market Game

  Mark Thurber, Stanford University

• 4:30pm - 4:45pm PST

  Closing Remarks

  Frank Wolak

• 4:45pm - 5:45pm PST

  Reception