# Papers ## expand\_more [Transmission Investment and Cost Allocation in Electricity Markets: A Paper in Honor of Stephen Littlechild](/sites/g/files/omnuum4216/files/2026-03/Hogan_Littlechild_draft_031026.pdf "Hogan_Littlechild"). (March 10, 2026) [Comment on Scope 2 Accounting for GHG Emissions from Power Production](/sites/g/files/omnuum4216/files/2025-12/Hogan_GHCP_121225.pdf "Comment on Scope 2 emissions accounting"). (December 12, 2025) Submission for WRI Review. (6 pages) [Carbon Emission Prices and Electricity Market Subsidies (May 2023)](/file_url/369). HEPG Presentation (9 pages) Fundamentals Define the Constraints on Electricity Market Design (May 2023). Joint with Scott Harvey. [Oxford Energy Forum](https://www.oxfordenergy.org/publications/electricity-market-design-during-the-energy-transitions-and-the-energy-crisis-issue-136/). [Third Rails and the Green Agenda (April 13, 2023).](/file_url/368) Harvard Salata Institute Seminar Presentation. Beyond the crisis: re-thinking the design of power markets (March 8, 2023), [Rapport du groupe académique international à la CRE « Au-delà de la crise ; repenser le marché électrique européen »](https://www.cre.fr/Documents/Publications/Rapports-thematiques/rapport-du-groupe-academique-international-a-la-cre-au-dela-de-la-crise-repenser-le-marche-electrique-europeen) Report for the Commission de Régulation de l’Energie, Europe. [Location Marginal Prices and Electricity Markets (October 17, 2022).](/file_url/366) Joint with Scott Harvey. NYISO FERC Submission (30 pages) [Climate Policy and the Green Agenda: Could Nordhaus be Right? (January 17.2022)](/file_url/363). IAEE Webinar Presentation (50 pages) [Electricity Market Design and Zero‐Marginal Cost Generation (October 21, 2021)](/file_url/362). Forthcoming in Current Sustainable/Renewable Energy Reports. (22 pages) [Published Version](https://link.springer.com/article/10.1007/s40518-021-00200-9) [Electricity Market Design. (July 30, 2021)](/file_url/360) ACCC/AER Regulatory Conference 2021, Electricity Market Design Panel, Australia, (42 pages) [Electricity Market Design: Multi-Interval Pricing Models. (July 26, 2021)](/file_url/359) IEEE/PES Presentation. (38 pages) [Demand Response and Order 745 Pricing Revisited (July 26, 2021)](/file_url/358) IEEE/PES Presentation (8 pages) [Electricity Market Design: More on the Green Agenda and Carbon Pricing. (March 9, 2021)](/file_url/356) HEPG Presentation (28 pages). [Supplemental Note](/file_url/357) [Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition (December 24, 2020, revised October 14, 2021).](/file_url/361) Joint with Panagiotis Andrianesis, Dimitris Bertsimas, and Michael C. Caramanis. (12 pages) [Carbon Pricing in Organized Wholesale Electricity Markets (September 30, 2020)](/file_url/353) Comments for FERC Technical Conference, Docket No. AD20‐14‐000. (7 pages) [Macro-Energy Models: Looking Back and Looking Forward (September 17, 2020)](/file_url/352) Keynote for Stanford Workshop. (20 pages) [Electricity Market Design: Multi-Period Pricing Models. (June 22, 2020)](/file_url/350) HEPG Presentation (29 pages) [Electricity Market Design: Multi-Interval Pricing. (February 20, 2017, revised).](/file_url/349) (50 pages.) Yes Energy Keynote Presentation. [Transmission Investment Beneficiaries and Cost Allocation: New Zealand Electricity Authority Proposal (February 1, 2020)](/file_url/347) (34 pages). [EANZ Link](https://www.ea.govt.nz/development/work-programme/pricing-cost-allocation/transmission-pricing-review/development/tpm-information-papers-and-reports-published/%20) [EANZ Decision (June 10, 2020)](https://www.ea.govt.nz/documents/1887/26851TPM-Decision-paper-10-June-2020.pdf) [Strengths and Weaknesses of the PJM Market Model (November 26, 2019).](/file_url/181) Invited Chapter for Handbook on the Economics of Electricity. (28 pages) [ELECTRICITY MARKET DESIGN: California ISO/PX “Fundamentally Flawed” (October 1, 2019).](/file_url/290) HEPG Presentation. (19 pages) [PJM Reserve Markets: Operating Reserve Demand Curve Enhancements (March 21, 2019).](/file_url/206) Joint with Susan Pope. PJM ORDC Report. (83 pages) ([Podcast](https://soundcloud.com/user-995691545/ari-and-bill-hogan-talk-pjm-price-reform)) [(PJM 206 Filing)](/file_url/364) [(PJM Reply Comments, June 21, 2019)](/file_url/365) [*Amici Curiae* Brief, U.S. Supreme Court, Electric Power Supply Association, et al. (February 7, 2019)](/file_url/99) Economists' Brief On Petitions for a Writ of Certiorari to the United States Courts of Appeals for the Seventh and Second Circuitson, on state subsidy programs and electricity markets. (32 pages) *(Supreme Court denied petition, April 15, 2019).* [Cross-product Manipulation in Electricity Markets: Microstructure Models and Asymmetric Information (January 2019).](/file_url/307) Joint with Chiara Lo Prete, Bingyuan Liu and Jia Wang, NY. (43 pages) [ELECTRICITY MARKET DESIGN: The Value of FTRS (October 26, 2018).](/file_url/239)Platts Nodal Trader Conference Keynote, New York, NY. (38 pages) [Embracing Merchant Transmission Investment (October 15, 2018).](/file_url/127)Joint with Martina Lindovska, Jason R.H. Mann, Susan L. Pope. (16 pages) [ELECTRICITY MARKET DESIGN: Can Electricity Markets Meet the Challenge of Meeting Non-Market Objectives? (October 4, 2018).](/file_url/223)HEPG Presentation, Washington, DC. (22 pages) [Best Electricity Market Design Practices: In My View (January 2018).](/file_url/98) IEEE Power and Energy. (6 pages) A Primer on Transmission Benefits and Cost Allocation. (2018). [Economics of Energy and Environmental Policy Published Version](https://www.jstor.org/stable/10.2307/27030612). [Western Energy Imbalance Market: An Efficient Market with Conflicting Carbon Policies (January 8, 2018).](/file_url/203)Webinar presentation for EIM Body of State Regulators. (19 pages) [An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies (September 28, 2017).](/file_url/260)(14 pages) [Priorities for the Evolution of an Energy-Only Electricity Market Design in ERCOT (May 9, 2017).](/file_url/224) Joint with Susan L. Pope.(114 pages) [State Policies and Wholesale Markets (May 2, 2017).](/file_url/262) Comments for FERC Technical Conference.(5 pages) [Carbon Prices, Preferences, And The Timing Of Uncertainty \[work in progress\] (April 26, 2017).](/file_url/221) Joint with Gernot Wagner. Yale Environmental Economics Seminar, (33 pages) [Electricity Market Design: Political Economy and the Clean Energy Transition (November 9, 2016).](/file_url/193) IHS – MIT Energy Initiative Seminar.(51 pages) [MIT Lecture](https://www.youtube.com/watch?v=iB6cSI_K8vo) [The Power of Change (September 8, 2016).](http://nap.us4.list-manage.com/track/click?u=eaea39b6442dc4e0d08e6aa4a&id=cb895ebee2&e=69f2fa6343) National Academy of Sciences Report on Innovation for Development and Deployment of Increasingly Clean Electric Power Technologies.(320 pages) [Virtual Bidding and Electricity Market Design (May 25, 2016)](/file_url/248). To appear in *The Electricity Journal* (30 pages) [Published Version](https://www.sciencedirect.com/science/article/pii/S104061901630063X). [Electricity Market Design and the Green Agenda (May 3, 2016)](/file_url/283). MIT Symposium Session on Wholesale Markets: Strengths and Weaknesses for a Decarbonizing Future. (20 pages) [Co-Optimization of Power and Reserves in Dynamic T&D Power Markets With Nondispatchable Renewable Generation and Distributed Energy Resources (April, 2016)](/file_url/163). Michael Caramanis, Elli Ntakou, William Hogan, Aranya Chakrabortty, and Jens Schoene, Proceedings of the IEEE. Invited paper. (30 pages) [Demand Response: Getting the Prices Right (February 15, 2016)](/file_url/187). Published version in [Public Utilities Fortnightly, March 2016](https://www.fortnightly.com/fortnightly/2016/03/demand-response-getting-prices-right?authkey=3904e7fc441949cd18d6408cc8d0dba263187eca81a1524f5618083c0b733a28). (6 pages) [Electricity Market Design: Optimization and Market Equilibrium (January 13, 2016)](/file_url/344). UCLA IPAM Workshop Presentation. (50 pages) [Potential Arbitrage Revenue of Energy Storage Systems in PJM during 2014 ( 2017)](/file_url/348). Joint Paper with Mauricio Salles, Jungling Huang and Michael Aziz. (19 pages) [Electricity Markets and the Clean Power Plan (September 21, 2015)](/file_url/1). Working Paper. (31 pages) [*Amici Curiae* Brief, U.S. Supreme Court, Electric Power Supply Association, et al. (September 8, 2015)](/file_url/171) Economists' Brief on FERC Order 745 regarding demand response compensation. ( 49 pages) [Supreme Court Decision (January 25, 2016).](/file_url/319) [Electricity Market Design Energy and Capacity Markets, and Resource Adequacy (September 1, 2015)](/file_url/216). EUCI Conference, Cambridge, MA. (30 pages) [Electricity Markets and the Clean Power Plan (June 11, 2015)](/file_url/211). Northeast Energy Bar Association Presentation. (32 pages) [Electricity Market Design: Energy Trading Practice and Market Manipulation Theory (October 9, 2014)](/file_url/234). Platts Nodal Trading Confrence Presentation. (20 pages) [Time‐of‐Use Rates and Real‐Time Prices (August 23, 2014)](/file_url/334). Working Paper. (8 pages) [Electricity Market Design and Efficient Pricing: Applications for New England and Beyond (June 24, 2014)](/file_url/263). Working Paper. (31 pages) [Refunds of Refunds (April 7 , 2014)](/file_url/241). Working Paper. (9 pages) [California Energy Imbalance Market Design (March 28, 2014)](/file_url/225). FERC Comments. ( 15 pages) [Electricity Scarcity Pricing and Resources Adequacy (February 27, 2014)](/file_url/200). HEPG Presentation. (19 pages) [Electricity Market Design Flaws and Market Manipulation (February 3, 2014)](/file_url/232). Paper on FERC Enforcement Policy and the [Powhatan Matter](http://ferclitigation.com/). (15 pages) [Electricity Market Design: Energy Trading and Market Manipulation (Continued) (October 29, 2013)](/file_url/231). Platts Nodal Trading Confrence Presentation. (18 pages) [CAISO Energy Imbalance Market Straw Proposal: Comments (June 26, 2013)](/file_url/154). Notes on EIM design with carbon controls. (27 pages) ([dc21eim.xls](/file_url/346)) [Electricity Scarcity Pricing Through Operating Reserves (April 25, 2013)](/file_url/208). Working Paper forthcoming in *Economics of Energy and Environmental Policy*. (27 pages) [Electricity Scarcity Pricing with an Operating Reserve Demand Curve (April 18, 2013)](/file_url/155). 2013 Austin Electricity Conference. (23 pages) [Back Cast of Interim Solution B+ to Improve Real-Time Scarcity Pricing Through Operating Reserves (March 22, 2013)](/file_url/148). ERCOT White Paper. (29 pages) [Supplemental Analysis (May 3. 2013)](/file_url/117) (16 pages) [Financial Transmission Rights, Revenue Adequacy and Multi-Settlement Electricity Markets (March 18, 2013)](/file_url/199). Working Paper and FERC Submission. (8 pages) [Electricity Market Design: Energy Trading and Market Manipulation Redux (March 12, 2013)](/file_url/302). Skadden Conference Presentation, Washington, DC. (13 pages) [Allocating Costs “Very” Roughly Commensurate With Multiple Transmission Benefits (January 18, 2013)](/file_url/251). Toulouse Conference, The Economics of Energy Markets, Presentation. (32 pages) [Electricity Scarcity Pricing Through Operating Reserves: An ERCOT Window of Opportunity (November 1, 2012)](/file_url/327). Working Paper. (11 pages) [Electricity Market Design: Financial Transmission Rights, Up To Congestion Transactions and Multi-Settlement Systems (July 16, 2012)](/file_url/343). Working Paper. (14 pages) [*Amici Curiae* Brief, District Court of Columia Circuit, Electric Power Supply Association, et al. (June 13, 2012)](/file_url/114) Economists' Brief on FERC Order 745 regarding demand response compensation. ( 44 pages) [District Court of Columbia Circuit Decisons. (May 23, 2014)](/file_url/150) [Allocating Costs Commensurate with Multiple Transmission Benefits (June 8, 2012)](/file_url/236). PJM RPPTF Workshop Presentation. (18 pages) [Multiple Market-Clearing Prices, Electricity Market Design and Price Manipulation (March 31, 2012)](/file_url/266). Working Paper. (21 pages) [Electricity Market Design: Energy Trading and Market Manipulation (March 13, 2012)](/file_url/209). Skadden Conference Presentation, Washington, DC. (15 pages) [Electricity Market Reform: Market Design and Extended LMP (November 28, 2011).](/file_url/336) NHH Worksop on Pricing in Deregulated Electricity Markets, Voss, Norway, Prsentation. (23 pages) [Allocating Costs Commensurate with Transmission Benefits (October 13, 2011)](/file_url/242). NECA Conference Presentation. (13 pages) [Comments on PJM Minimum Offer Price Rule (August 25, 2011)](/file_url/222). FERC Technical Conference, Docket EL11-20-001. (9 pages) [Electricity Market Reform: Market Design and the Green Agenda (June 21, 2011)](/file_url/308). Stockholm, 34th IAEE International Conference, Presentation. (20 pages) [Electricity Market Reform: Market Design and Resource Adequacy (June 15, 2011)](/file_url/246). Toulouse Conference, The Economics of Energy Markets, Presentation. (26 pages) [Transmission Benefits and Cost Allocation (May 31, 2011)](/file_url/265). HEPG Paper. (29 pages) [Demand Response Compensation, Net Benefits and Cost Allocation: Preliminary Comments (September 13, 2010) ](/file_url/186). FERC Technical Conference, Docket RM10-17-100. (8 pages) [Extended LMP and Financial Transmission Rights (June 9, 2010) ](/file_url/137). Co-authored with Michael Cadwalader, Paul Gribik and Susan Pope (8 pages) [Scarcity Pricing and Locational Operating Reserve Demand Curves (June 2, 2010) ](/file_url/204). FERC Technical Conference on Unit Commitment Software, Docket AD10-12. (37 pages) [Demand Response Pricing in Organized Wholesale Markets (May 13, 2010) ](/file_url/205). IRC Comments, Demand Reponse Notice of Proposed Rulemaking, FERC Docket RM10-17-000. (9 pages) [Implications for Consumers of the NOPR’s Proposal to Pay the LMP for All Demand Response (May 12, 2010) ](/file_url/281). EPSA Comments, Demand Reponse Notice of Proposed Rulemaking, FERC Docket RM10-17-000. (17 pages) [Fairness and Dynamic Pricing: Comments (April 30, 2010) ](/file_url/212). Rutgers Conference Paper, Submitted to the *Electricity Journal.* (10 pages) [Electricity Wholesale Market Design in a Low Carbon Future (January 23, 2010)](/file_url/228), Chapter for Volume on *Harnessing Renewable Energy*. ( 33 pages) [Harnessing Renewable Energy in Electric Power Systems: Theory, Practice, Policy](https://www.amazon.com/dp/B007ZZFUMG/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1) 2010. [McCullough’s Critique of the New York Electricity Market (December 22, 2009)](/file_url/169), For NYISO, co-authored with Scott Harvey. (10 pages) [Providing Incentives for Efficient Demand Response (October 29, 2009) ](/file_url/285). PJM Demand Reponse, FERC Docket EL09-68-000. (24 pages) [A Model for a Zonal Operating Reserve Demand Curve (October 15, 2009) ](/file_url/296). MIT presentation. (87 pages) [Illustrating Two Models of Locational Operating Reserve Demand Curves (October 1, 2009) ](/file_url/292). HEPG presentation. (62 pages) [Regulation and Electricity Markets (April 16, 2009) ](/file_url/250). Western Power Trading Forum presentation. (34 pages) [Electricity Market Reform: APPA's Journey Down the Wrong Path (April 16, 2009) ](/file_url/174) Co-authored with John D. Chandley. COMPETE Coalition Paper. (58 pages) [Scarcity Pricing: More On Locational Operating Reserve Demand Curves (March 13, 2009, Revised March 23, 2009) ](/file_url/210) HEPG presentation. (70 pages) [Resource Sufficiency Guarantees, Cost Causation and Cost Allocation (October 9, 2008)](/file_url/249) Comments submitted to the Federal Energy Regulatory Commission, Docket No. EL07-86-000. (31 pages) [Electricity Market Structure and Infrastructure (September 25, 2008)](/file_url/195), Conference Paper (revised), Acting in Time on Energy Policy, Harvard University. ( 32 Pages). [Energy Interdependence (Summer, 2008)](/file_url/328), National Strategy Forum Review Essay, Hedging Against Uncertainty: US Strategy in an Interdependent World. ( 36 Pages) [Texas Nodal Market Design: Observations and Comments (May 2, 2008)](/file_url/278), Presentation, ERCOT Energized Conference, Austin, Texas. ( 17 Pages). [Electricity Market Design: Coordination, Pricing and Incentives (May 2, 2008)](/file_url/191), Presentation, ERCOT Energized Conference, Austin, Texas. ( 36 Pages). [Electricity Market Hybrids: Mixed Market Design, Regulation And Investment (January 17, 2008)](/file_url/131), Keynote Presentation, La Asociación Española para la Economía Energética (AEEE), Bilbao, Spain. (85 Pages). [Market-Clearing Electricity Prices and Energy Uplift (December 31, 2007)](/file_url/157) Co-authored with Paul R. Gribik and Susan L. Pope. (46 pages). [*Amici Curiae* Brief, Supreme Court, Morgan Stanley et al. (November 28, 2007)](/file_url/116) Economists' Brief on Ninth Circuit Decision regarding Mobile Sierra doctrine. ( 47 pages). [Supreme Court Decision](/file_url/317). [Energy and Democracy (November 20, 2007)](/file_url/188) Plenary Presentation, Club of Madrid, Spain. ( 3 pages). [Electricity Market Hybrids: Mixed Market Design and Infrastructure Investments (September 18, 2007)](/file_url/219) Presentation, USAEE/IAEE North American Conference, Houston. ( 27 pages). [Comments on Wholesale Competition in Regions with Organized Electric Markets (September 17, 2007)](/file_url/323) Co-authored with Susan L. Pope. Submitted to the Federal Energy Regulatory Commission, Docket No. RM07-19-000. ( 30 pages). [Acting in Time: Regulation and Wholesale Electricity Markets (May 17, 2007)](/file_url/298) Presentation, New England Energy Conference. ( 19 pages). [Acting in Time: Regulating Wholesale Electricity Markets (May 8, 2007)](/file_url/274) Comments at FERC Technical Conference on Competition in Wholesale Power Markets, Docket No. AD07-7-000. ( 16 pages). [Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion (April 14, 2007)](/file_url/) Co-authored with Juan Rosellón and Ingo Vogelsang. IAEE Florence Conference Paper. ( 23 pages). [Stability of Supply Function Equilibria Implications for Daily versus Hourly Bids in a Poolco Market (2006)](http://link.springer.com/10.1007/s11149-006-0017-2). Co-authored with Ross Baldick. (23 pages) [Reply Comments on Preventing Undue Discrimination and Preference in Transmission Services (September 20, 2006) ](/file_url/170) Co-authored with John D. Chandley. Submitted to the Federal Energy Regulatory Commission, Docket No. RM05-25-000. ( 21 pages). [A Path To Preventing Undue Discrimination And Preference In Transmission Services (August 2, 2006) ](/file_url/105) Co-authored with John D. Chandley. Submitted to the Federal Energy Regulatory Commission, Docket No. RM05-25-000. ( 54 pages). [Path Dependent Transmission Access (June 9, 2006) ](/file_url/237) Infocast OATT Conference Keynote Presentation, Washington, DC. (23 pages). [Resource Sufficiency Guarantees and Cost Allocation (May 25, 2006) ](/file_url/207) Comments submitted to the Federal Energy Regulatory Commission, Docket No. ER04-691-065. (21 pages). [Reliability and Scarcity Pricing: Operating Reserve Demand Curves (March 2, 2006) ](/file_url/291) HEPG presentation. (31 pages). [Resource Adequacy Mandates and Scarcity Pricing (“Belts and Suspenders”) (February 23, 2006) ](/file_url/295) Comments submitted to the Federal Energy Regulatory Commission, Docket Nos. ER05-1410-000 and EL05-148-000. (9 pages). [Connecting Reliability Standards And Electricity Markets (December 8, 2005)](/file_url/198) HEPG presentation. (21 pages). [Comments On Preventing Undue Discrimination And Preference In Transmission Services (November 22, 2005)](/file_url/240) Comments submitted to the Federal Energy Regulatory Commission, Docket No. RM05-25-000. (26 pages). [Market Design and Electricity Restructuring (November 1, 2005)](/file_url/166) Association of Power Exchanges (APEx), 2005 Annual Conference, Orlando FL, Presentation. (40 pages). [On an “Energy Only” Electricity Market Design for Resource Adequacy (September 23, 2005)](/file_url/202) (39 pages). [Electricity Market Restructuring: Successful Market Design (July 26, 2005)](/file_url/196) NARUC Summer Meetings, Electricity Committee, Austin TX, Presentation. (26 pages). [Electricity Restructuring: Public Purposes, Markets, and Institutional Design (May 13, 2005)](/file_url/220) Kennedy School Spring Conference Presentation. (13 pages) [Comments on the California ISO MRTU LMP Market Design (February 24, 2005)](/file_url/108) Co-authored with Scott M. Harvey and Suan L. Pope (218 pages). [Polynomial Approximations and Supply Function Equilibrium Stability (August 27, 2004)](/file_url/128). With Ross Baldick. (41 pages) [Shedding Light (April 19, 2004).](https://sites.hks.harvard.edu/fs/whogan/hogan.shed.light.WSJ.0404.pdf) Wall Street Journal Op Ed Blackout Task Force Report. (1 page). [Local Market Power Mitigation (February 4, 2004)](/file_url/189). Comments submitted to the Federal Energy Regulatory Commission, Technical Conference, Docket Nos. PL04-02-000 and EL03-236-000 . (5 pages) [Electricity Transmission Investment: Theory and Practice (January 28, 2004)](/file_url/326). Presentation, Infocast Transmission Summit, Washington DC. (12 pages) [A Hazard Rate Analysis of Mirant's Generating Plant Outages in California (January 2, 2004)](/file_url/136). With Scott Harvey and Todd Schatzki. Toulouse Conference paper. (37 pages) [Presentation](/file_url/233). (13 pages) [Mirant Outage Data (zip file)](/file_url/135). ( 2 MB) [Successful Market Design ("SMD") and Failure Diagnosis: Blackouts and Lampposts in Regulating Electricity Markets (October 9, 2003)](/file_url/284). Presentation, Regulatory Policy Program Seminar, Center for Business and Government . (40 pages) [NEPOOL Transmission Cost Allocation Proposal (August 21, 2003)](/file_url/245). Comments submitted to the Federal Energy Regulatory Commission, Docket No. E03-1141 . (40 pages) [Market Rules and Market Based Rates (August 18, 2003)](/file_url/235). Comments co-authored with Scott M. Harvey and submitted to the Federal Energy Regulatory Commission, Docket Nos. EL01-118-000 and EL01-118-001 . (17 pages) [Electricity Is a Federal Issue (August 18, 2003).](/file_url/299) Wall Street Journal Op Ed following Northeast Blackout. (1 page). [Transmission Market Design. (April 4, 2003)](/file_url/315) Texas A&M conference paper. (26 pages). [On Minimum-Uplift Pricing for Electricity Markets. (March 19, 2003)](/file_url/252) Co-authored with Brendan Ring. (30 pages). (accompanying [Example Spreadsheet](/files/scarf_minup_093004_rev.xls)). [Initial Comments of John D. Chandley and William W. Hogan on the Standard Market Design NOPR. (November 11, 2002)](/file_url/146) Comments submitted to FERC. (101 pages). [Electricity Standard Market Design: Proposal A, Analysis A-, Execution? (September 16, 2002)](/file_url/194) HEPG presentation. (13 pages). [Market Power and Market Simulations (July 16, 2002)](/file_url/152) (55 pages). Co-authored with Scott M. Harvey. [Review of the California ISO's Market Design (MD02) Proposal (June 4, 2002)](/file_url/337) Co-authored with Michael D. Cadwalader and Scott M. Harvey. (49 pages). [California Market Reform](https://whogan.scholars.harvard.edu/sites/g/files/omnuum4216/files/2025-01/cal_mkt_design_cchh.zip). A 1 MB zip file with various earlier papers on California market design, June 2002. [Financial Transmission Right Incentives: Applications Beyond Hedging (May 31, 2002)](/file_url/214) HEPG Presentation. (21 pages). [Electricity Market Design and Structure: Working Paper on Rate and Transition Issues in Standardized Transmission Service and Wholesale Electric Market Design (May 1, 2002).](/file_url/130) With Scott Harvey and Susan Pope. Comments submitted to the Federal Energy Regulatory Commission, Docket No. RM01-12-000. (14 pages). [Market Power and Electricity Competition (April 25, 2002)](/file_url/109) Presentation at ABA Anti-Trust Conference, Washington DC. (12 pages). [Electricity Market Design and Structure: Working Paper on Standardized Transmission Service and Wholesale Electric Market Design (April 10, 2002)](/file_url/217) Comments submitted to the Federal Energy Regulatory Commission, Docket No. RM01-12-000. (62 pages). [Financial Transmission Right Formulations (March 31, 2002)](/file_url/159) (57 pages). [Electricity Market Design and Structure- Avoiding the Separation Fallacy (March 12, 2002)](/file_url/215). Comments submitted to the Federal Energy Regulatory Commission, Docket No. RM01-12-000. (7 pages) [Loss Hedging Financial Transmission Rights (January 15, 2002)](/file_url/156) (37 pages). Co-authored with Scott M. Harvey. [California Market Design Breakthrough (January 13, 2002)](/file_url/185) (3 pages). [Independent Transmission Companies in a Regional Transmission Organization (December 20, 2001; revised January 8, 2002)](/file_url/164) (22 pages). Co-authored with John D. Chandley. [Identifying the Exercise of Market Power in California (December 28, 2001)](/file_url/213) (87 pages). Co-authored with Scott M. Harvey. [Market Power and Withholding (December 20, 2001)](/file_url/256) (23 pages). Co-authored with Scott M. Harvey. [Capacity Constrained Supply Function Equilibrium Models of Electricity Markets: Stability, Non-decreasing Constraints, and Function Space Iterations. (December 18, 2001)](/file_url/147) (95 pages). Co-authored with Ross Baldick. PWP - 089. A Power Working Paper - University of California Energy Institute's Program on Workable Energy Regulation. \* Choose "print as image" in the adobe printer dialogue box for this document \* [Further Analysis of the Exercise of Market Power in the California Electricity Market (November 21, 2001)](/file_url/172) (34 pages). Co-authored with Scott M. Harvey. [The California Meltdown (Forum Article, Harvard Magazine, September-October, 2001) ](/file_url/179)(4 pages, text without art of original). [Statement Before the Subcommittee on Energy Policy, Natural Resources and Regulatory Affairs, House of Representatives (August 2, 2001)](/file_url/177) Hearings on the FERC (6 pages). [Interregional Coordination of Electricity Markets (June 19, 2001)](/file_url/309) Presentation for FERC Technical Conference. (20 Pages). [Statement Before the Committee on Governmental Affairs, United States Senate (June 13, 2001)](/file_url/133) Hearings on the California market (5 pages). [Panel Statements.](http://www.senate.gov/~gov_affairs/061301witness_list.htm) [Electricity Market Restructuring: Reforms of Reforms (May 25, 2001)](/file_url/247) CRRI Conference Paper (31 pages) [Presentation Slides](/file_url/288) (11 pages). [Published Version](https://link.springer.com/article/10.1023/A:1013682825693). [Electricity Market Power Mitigation (May 18, 2001)](/file_url/226) Presentation at Massachusetts Electric Roundtable (24 pages). [Electricity Market Institutions, Texas and the California Meltdown (May 2, 2001)](/file_url/339) Presentation at University of Texas Conference (28 Pages). [On the Exercise of Market Power Through Strategic Withholding in California (April 24, 2001)](/file_url/300) (76 Pages) Co-authored with Scott M. Harvey. [Designing Market Institutions for Electric Network Systems: Reforming the Reforms in New Zealand and the U.S. (March 13, 2001)](/file_url/332) (31 pages) [Presentation Slides](/file_url/268) (28 pages) Presentation at UTILICON Conference, Auckland, NZ. [Coordination for Competition: Electricity Market Design Principles (February 15, 2001)](/file_url/318) (41 pages) Presentation at PUC Texas Workshop on ERCOT Protocols. [California Electricity Market: Policy Meltdown (February 14, 2001)](/file_url/113) (12 pages) KSG Faculty Seminar Presentation. [The RTO Millennium Order: Following Through or Falling Apart? (Presentation, December 8, 2000)](/file_url/129) (23 pages). [Electricity Market Reform in California (November 22, 2000)](/file_url/161) (34 pages) Co-authored with John D. Chandley and Scott M. Harvey. [Issues in the Analysis of Market Power in California (October 27, 2000)](/file_url/176) (44 pages) Co-authored with Scott M. Harvey. [California Electricity Prices and Forward Market Hedging (October 17, 2000)](/file_url/269) (11 pages) Co-authored with Scott M. Harvey. [Flowgate Rights and Wrongs (August 20, 2000)](/file_url/122) (51 pages). [Regional Transmission Organizations: Millennium Order on Designing Market Institutions for Electric Network Systems (May 2000)](/file_url/119) (56 pages). [Market Power in Theory and Practice. (Discussant Comments, POWER Conference, UC Berkeley, March 17, 2000)](/file_url/293) (12 pages). [Making Markets in Power. (Cantor Lecture, London, February 21, 2000)](/file_url/345) (16 pages). [Nodal and Zonal Congestion Management and the Exercise of Market Power: Further Comment (February 11, 2000)](/file_url/305) (11 pages) Co-authored with Scott M. Harvey. [Regional Transmission Organizations: Designing Market Institutions for Electric Network Systems (January 21, 2000)](/file_url/182) (41 pages). [Nodal and Zonal Congestion Management and the Exercise of Market Power (January 10, 2000)](/file_url/342) (51 pages) Co-authored with Scott M. Harvey. [Getting the Prices Right in PJM. A Summary: April 1998 through September 1999 (October 30, 1999)](/file_url/286) (10 pages) [Coordinating Congestion Relief Across Multiple Regions (October 7, 1999)](/file_url/335) (47 pages) Co-authored with Michael D. Cadwalader, Scott M. Harvey, and Susan L. Pope. [FERC Policy on Regional Transmission Organizations: Comments in Response to the Notice of Proposed Rulemaking (August 16, 1999)](/file_url/142) (74 pages) [Market-Based Transmission Investments and Competitive Electricity Markets (August 1999)](/sites/g/files/omnuum4216/files/whogan/files/tran0899.pdf "tran0899.pdf") (36 pages) [Electric Transmission Adequacy and Market Institutions (July 1999)](/file_url/230) (40 pages) [RTO (and CRT) NOPR: Designing Market Institutions For Electric Network Systems (May 24-25, 1999)](/file_url/158) (34 pages) [Restructuring the Electricity Market: Institutions for Network Systems (April 1999)](/file_url/132) (52 pages) [Statement Regarding the NEPOOL Proposal for a Congestion Management System, FERC Docket no. ER99-2335-000 (April 20, 1999)](/file_url/106) (19 pages) [Getting the Prices Right in PJM: Analysis and Summary: April 1998 through March 1999, The First Anniversary of Full Locational Pricing (April 2, 1999)](/file_url/267) (21 pages) [Transmission Congestion: The Nodal-Zonal Debate Revisited](/file_url/275) (February 27, 1999) (4 pages) A summary of the advantages of nodal pricing in an electricity market with choices. [Enabling the Power of Markets (January 7-8, 1999)](/file_url/110) (21 Pages) EEI CEO Conference Presentation. [Competitive Electricity Market Design: A Wholesale Primer (December 18, 1998)](/file_url/112) (26 pages) A compilation and update of introductory materials from previous papers. [Market Mechanisms and Decomposition for Coordination of Transmission Line Loading Relief Across Multiple Regions (November 20, 1998)](/file_url/259) (26 pages) [Market Coordination of Transmission Loading Relief Across Multiple Regions (November 18, 1998, revised December 1, 1998)](/file_url/18) (37 pages) Co-authored with Michael D. Cadwalader, Scott M. Harvey, and Susan L. Pope. [Getting the Prices Right in PJM: Analysis and Summary: April through September (October 11, 1998)](/file_url/314) (10 pages) [Getting the Prices Right in PJM: Analysis and Summary: April through August (September 7, 1998)](/file_url/313) (9 pages) [Getting the Prices Right in PJM: Analysis and Summary: April through June (July 12, 1998)](/file_url/320) (8 pages) [Independent System Operator (ISO) for a Competitive Electricity Market (June 1998)](/file_url/287) (81 pages) [Getting the Prices Right in PJM: Analysis and Summary: April-May (June 3, 1998)](/file_url/243) (8 pages) [Reliability, Scheduling Markets, and Electricity Pricing (May 1998)](/file_url/329) (27 pages) Co-authored with Michael D. Cadwalader, Scott M. Harvey, and Susan L. Pope. [Getting the Prices Right in PJM: April Analysis and Summary (May 4, 1998)](/file_url/277) (6 pages) [FERC Policy on Independent System Operators: Supplemental Comments (May 1, 1998)](/file_url/183) (13 pages) [Electricity Market: "Getting the Prices Right" (April 13, 1998)](/file_url/321) (2 pages) [Getting the Prices Right in PJM (April 7, 1998)](/file_url/316) (1 page) [Transmission Investment and Competitive Electricity Markets (April 1998)](/sites/g/files/omnuum4216/files/whogan/files/trn98.pdf "trn98.pdf") (37 pages) [Independent System Operator: Pricing and Flexibility in a Competitive Electricity Market (February 1998)](/file_url/270) (54 pages) [The Visible Hand in Electricity: Using a Pool to Expand Customer Choice or The ISO: "How Not to Get It Wrong" (April 3-4, 1997)](/file_url/118) (13 pages) [A Market Power Model with Strategic Interaction in Electricity Networks (July 15, 1997)](/file_url/143) (23 pages) [Reshaping the Electricity Industry (July 15, 1997)](/file_url/173) (90 pages) [Transmission Capacity Reservations and Transmission Congestion Contracts (June 6, 1996 - - revised March 8, 1997).](/file_url/273) Co-authored with Scott M. Harvey and Susan L. Pope. (105 pages) [A Concurrent Auction Model for Transmission Congestion Contracts (January 1997)](/file_url/261) (13 pages) [Retail Access is Easy, It's Getting Wholesale Access that is Hard (November 15, 1996)](/file_url/338) (72 pages) [Governance Structures for an Independent System Operator (ISO) (June 6, 1996)](/file_url/258) Co-authored with Carrie Cullen Hitt and Janelle Schmidt. (41 pages) [Predictions, Prescriptions and Policy: Lessons from the Energy Record. (1996)](/file_url/370). Chapter 7 from The Energy Crisis: Unresolved Issues and Enduring Legacies edited by David Lewis Feldman. [Poolco: What's the trick? Coordination for Competition, Transmission Pricing and Open Access in the Restructured Electricity Market (July 18, 1995)](/file_url/165) (53 pages) [Electricity Transmission and Emerging Competition (April 27, 1995)](/file_url/255) (84 pages) [Coordination for Competition in an Electricity Market (March 2, 1995)](/file_url/125) (106 pages) [An Efficient Electricity Market: Using a Pool to Support Real Competition (Electricity Journal, September 1994)](/file_url/367) co-authored with Don Garber and Larry Ruff (12 pages) [An Efficient Bilateral Market Needs a Pool (August 4, 1994)](/file_url/340) (27 pages) Testimony before the California Public Utilities Commission. [A Competitive Electricity Market Model (Draft, October 9, 1993)](/file_url/304) (112 pages) [Contract Networks for Electric Power Transmission: Technical Reference (September 1990 - - revised February 1992)](/file_url/104) (77 pages) [Transmission Capacity Rights For The Congested Highway: A Contract Network Proposal (July 8, 1991)](/file_url/115) Comments submitted to the Federal Energy Regulatory Commission, Docket No. PL91-1-000. (30 pages). [Combined Energy Models (1982)](/file_url/351), with John P. Weyant. Published in *Advances in the Economics of Energy and Resources,* 1982. (103 pages) --- Attachments- [ picture\_as\_pdf predictionsprescriptionspolicy.pdf ](/sites/g/files/omnuum4216/files/predictionsprescriptionspolicy.pdf) - [ picture\_as\_pdf Hogan\_Littlechild\_draft\_030426.pdf ](/sites/g/files/omnuum4216/files/2026-03/Hogan_Littlechild_draft_030426.pdf) ---