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James Bushnell is a Professor in the Department of Economics at the University of California, Davis, and a Research Associate of the National Bureau of Economic Research. Prior to joining UC Davis, he spent 15 years as the Research Director of the University of California Energy Institute in Berkeley, and two years as the Cargill Chair in Energy Economics at Iowa State University. Prof. Bushnell received a Ph.D. in Operations Research from U.C. Berkeley in 1993. He has written extensively on the regulation, organization, and competitiveness of energy markets. His research on restructured electricity markets has appeared in leading economics journals such as the American Economic Review and RAND journal of economics.

Prof. Bushnell has been actively involved in energy and environmental policy for over a decade. During 1999 and 2000, he served as a member of the Market Monitoring Committee (MMC) of the California Power Exchange. Since 2002, he has served as a member of the Market Surveillance Committee (MSC) of the California Independent System Operator (CAISO). Both the MMC and MSC were establish to provide external monitoring and analysis to complement the internal market monitoring functions at the PX and CAISO, respectively. He has also advised the California Air Resources Board in several capacities, including as a member of the Emissions Market Advisory Committee from 2012-2014.

In addition to his public committee positions in California, Dr. Bushnell has also directed prospective and retrospective analyses of several electricity markets, including the Spanish, South Korean, New England, and New Zealand markets, and has advised policy-makers on energy policy in both the US and Internationally.



Dr. Shmuel S. Oren is the Earl J. Isaac Professor in the Science and Analysis of Decision Making in the Department of Industrial Engineering and Operations Research at the University of California at Berkeley and former Chairman of that department.

Over the last fourteen years he has served as the Berkeley site director of PSerc - a multi-university Power Systems Research Center sponsored by the National Science Foundation and industry members.

Prior to his current position he was on the faculty of The Engineering Economic Systems Department atStanford University and worked as a Research Scientist at the Xerox Palo Alto Research Center. At Xerox he was involved in the development of market analysis models for new products such as high-speed laser printers.

Dr. Oren has expertise in Operations Research, particularly optimization, and in mathematical modeling and analysis of economic systems. His research and consulting activities over the last three decades have focused on the development of analytical models and tools and on the design and economic analysis of market mechanisms and pricing strategies, in the context of the private and public sector and in regulated industries, particularly electric power. Dr. Oren has served as a consultant to New England Electric Systems, Niagara Mohawk Power Corporation, Los Angeles Water and Power District, Xerox Corporation, SRI International, New Zealand Electro Corp., PG&E, Edison International, Entergy, Hagler Bailly Consulting Co., EPRI and to the Analysis Group/Economics on issues related to modeling, optimization, market design and pricing policies.

He also served as a consultant and reviewer of electricity market rules concerning congestion management, ancillary services and settlements, to the Brazilian Electricity Regulatory Agency (ANEEL), the Polish Transmission company (PSE),the Alberta Energy Utility Board, Public Utility Commission of Texas (PUCT), the Energy Division of the California Public Utility Commission (CPUC) and to the Bonneville Power Authority. Dr. Oren served as an expert witness appearing before FERC on behalf of the Bay Area Rapid Transit and on behalf of PacificCorp. He has also been a member of a DOE task force on the National Transmission Grid Study.

Dr. Oren has published on the subjects of numerical optimization, nonlinear pricing and the application of such pricing in the context of telecommunications and electric power, incentive design, bidding, transmission pricing, electricity market restructuring and other related topics.

Dr. Oren hold B.Sc and M.Sc degrees in Mechanical Engineering from the Technion in Israel and M.S. and Ph.D degrees in Engineering Economic Systems from Stanford University. He is a Fellow of the IEEE and of INFORMS.