Twenty-five years since the passage of the Energy Policy Act, HEPG continues to serve as the key incubator of concepts that have shaped many aspects of the North American electricity market.

At HEPG plenary sessions, regulators, policy-makers, and industry leaders test ideas, hear comprehensive analysis of challenges, and address the consequences of different approaches to address them.  

"The Harvard Electricity Policy Group in my view has played an extraordinary role in a hugely complex public policy issue  which requires real intellectual effort, and people in the industry and in the regulatory establishment recognize that."                

                                                         Phil Sharp, (D) IND, Chair, Energy and Power Subcommittee, U.S. House of Representatives

                                                                    

 

Upcoming Events

2021 Sep 28

Tail events: Prediction, Planning, and Performance

1:30pm to 4:30pm

Location: 

Virtual Session

Tail events: Prediction, Planning, and Performance

Extreme weather and related fires and floods are much in the news.  The electricity crisis in ERCOT in February 2021 illustrated the challenge of addressing high consequence but low probability events.  The extraordinary heat wave on the Pacific Coast of US and Canada in June provided a stark example of a seemingly very low probability event that was not predicted and shocked us because of the magnitude of the temperature spike.  How much of this is driven by climate change dynamics? If so, what reliability/resiliency policy implications should that have? And how much remains both surprising and unexplained?  Everyone wants to protect against severe consequences.  A report on the ERCOT crisis by former state regulators in Texas embraced the title “Never Again”.  But we cannot protect ourselves from everything.  When we get outside the envelope, emergency procedures are required.  How have these cases changed the analysis, prediction, planning and procedures for low probability high consequence events?  What promises should we make? What promises can we keep?

... Read more about Tail events: Prediction, Planning, and Performance

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Our Leadership

Ashley Brown

Ashley C. Brown

HEPG Executive Director

William Hogan

William W. Hogan

HEPG Research Director

 

 

jurgin weiss.
Jurgen R. Weiss

HEPG Senior Fellow