Severin Borenstein is E.T. Grether Professor of Business Administration and Public Policy at the Haas School of Business and a Research Associate of the Energy Institute at Haas. He is also Director emeritus of the University of California Energy Institute (1994-2014) and the Energy Institute at Haas (2009-2014). He received his A.B. from U.C. Berkeley and Ph.D. in Economics from M.I.T. His research focuses on business competition, strategy, and regulation. He has published extensively on the airline industry, the oil and gasoline industries, and electricity markets. His current research projects include the economics of renewable energy, economic policies for reducing greenhouse gases, alternative models of retail electricity pricing, and competitive dynamics in the airline industry. Borenstein is also a research associate of the National Bureau of Economic Research in Cambridge, MA. He served on the Board of Governors of the California Power Exchange from 1997 to 2003. During 1999-2000, he was a member of the California Attorney General's Gasoline Price Task Force. In 2012-13, Borenstein served on the Emissions Market Assessment Committee, which advised the California Air Resources Board on the operation of California’s Cap and Trade market for greenhouse gases. In 2014, he was appointed to the California Energy Commission’s Petroleum Market Advisory Committee, which he chaired from 2015 to its conclusion in 2017. In 2015, he was also appointed to the Advisory Council of the Bay Area Air Quality Management District.
Which Energy Boom Will Come Next?
The Trump administration is throwing increasing support behind coal and nuclear power, while the fracking revolution holds down oil and natural gas prices driving-up their consumption, and solar and wind power costs continue to decline. Energy storage is starting to look like it could become competitive--both on the grid and in electric vehicles. How should we expect the energy mix to evolve over the next decade (and beyond)? Professor Severin Borenstein, who teaches Energy & Environmental Markets, will discuss the question with Berkeley Haas alumni working across the energy industries.