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David P. Brown, PhD

Assistant Professor

Arts

Economics

About Me

I am an Assistant Professor in the Department of Economics at the University of Alberta. I am from Cincinnati Ohio where I attended Miami University of Ohio. I have a BS in Quantitative Economics and Mathematics from Miami University of Ohio and an MA and PhD in Economics from the University of Florida. I previously held positions as a Research Associate at the University of Florida's Public Utility Research Center (PURC) and Institute for Child Health Policy (ICHP).


Research

Primary Fields: Energy Economics, Industrial Organization, and Regulation

Secondary Fields: Applied Econometrics and Environmental Economics


My research lies at the intersection of energy economics, industrial organization, and regulatory policy. In particular, my research analyzes the effects of regulatory policies on the performance of electricity markets. This includes research that measures market power execution in wholesale power markets; analyzes the impacts of mergers and market structure changes in electricity markets; designing regulations to motivate utilities to invest in cost-effective distributed energy resources; and analyzing the impacts of carbon pricing mechanisms on market outcomes in imperfectly competitive electricity markets. The objective of my work is to gain insights into the impact of imperfect competition on market outcomes and to design regulatory policies to improve the operation of electricity markets. 


Publications:

"Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta'' Journal of Regulatory Economics, Forthcoming (with Andrew Eckert and James Lin) 

"Optimal Procurement of Distributed Energy Resources" The Energy Journal, Summer 2018  (with David Sappington)

"Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets," Energy Economics, August 2018

"The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta" Energy Policy, July 2018 (with Andrew Eckert)

"Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market" Resource and Energy Economics, May 2018 (with Andrew Eckert and Heather Eckert)

"Capacity Market Design: Motivation and Challenges in Alberta's Electricity Market," University of Calgary School of Public Policy, Briefing Paper Series, March 2018. 

"Analyzing Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments" Review of Industrial Organization, February 2018 (with Andrew Eckert).

"The Effect of Subsidized Entry on Capacity Auctions and the Long-Run Resource Adequacy of Electricity Markets" Energy Economics, January 2018

"On the Role of Maximum Demand Charges in the Presence of Distributed Generation Resources" Energy Economics, January 2018 (with David Sappington) 

Optimal Policies to Promote Efficient Distributed Generation of ElectricityJournal of Regulatory Economics, October 2017 (with David Sappington).

"Measuring Market Power and the Efficiency of Alberta's Restructured Electricity Market: An Energy-Only DesignCanadian Journal of Economics, August 2017 (with Derek Olmstead).

"Mergers with Endogenous Forward Contracting" Journal of Regulatory Economics, June 2017  (with Andrew Eckert).

Electricity Markets in Transition: Market Distortions Associated with Retail Price Controls" The Electricity Journal, June 2017 (with Andrew Eckert and Heather Eckert). 

"Designing Compensation for Distributed Solar Generation: Are Common Net Metering Policies Optimal?" The Energy Journal, Spring 2017 (with David Sappington). 

"On the Optimal Design of Demand Response Policies," Journal of Regulatory Economics, June 2016 (with David Sappington).

"Effects of an Integrated Care System on Children with Special Healthcare Needs' Medicaid Expenditures," The American Journal of Managed Care, April 2016 (with Marcu, M., Knapp, C., Madden, V. and H. Wang). 

"Using Bayesian Imputation to Assess Racial and Ethnic Disparities in Pediatric Performance Measures," Health Services Research, October 2015, pp. 1 - 14 (with Knapp, C. and M. Kaufmann). 


Working Papers:

"On the Benefits of Behind-the-Meter Rooftop Solar and Energy Storage: The Importance of Retail Rate Design" (with Richard Boampong) (Under Review)

"Self-Sabotage in the Procurement of Distributed Energy Resources" (with David Sappington) (Under Review)

"Employing Simple Cost-Sharing Policies to Motivate the Efficient Implementation of Distributed Energy Resources" (with David Sappington) (Under Review)

"Imperfect Competition in Electricity Markets with Renewable Generation: The Role of Renewable Compensation Policies" (with Andrew Eckert) (Under Review)


Work in Progress:

"Motivating Efficient Market Participation of Energy Storage Assets" (with David Sappington)

"Emissions Effects of Behind-the-Meter Solar PV plus Energy Storage Systems: The Impacts of California's Self-Generation Incentive Program Regulations" (with Yiang Guo)

"The Impact of Information on Coordinated Behavior in Wholesale Electricity Markets: Evidence from Alberta's Restructured Electricity Market" (with Andrew Eckert)

"The Interaction of Renewables and Natural Gas Prices on Wholesale Electricity Price Volatility"


Technical Appendices:

"On the Benefits of Behind-the-Meter Rooftop Solar and Energy Storage: The Importance of Retail Rate Design" (with Richard Boampong)

"Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta" (with Andrew Eckert and James Lin)

"Imperfect Competition in Electricity Markets with Renewable Generation: The Role of Renewable Compensation Policies" (with Andrew Eckert)

"Employing Simple Cost-Sharing Policies to Motivate the Efficient Implementation of Distributed Energy Resources" (with David Sappington)

"Self-Sabotage in the Procurement of Distributed Energy Resources" (with David Sappington)

"Optimal Procurement of Distributed Energy Resources" (with David Sappington)

"Mergers with Endogenous Forward Contracting" (with Andrew Eckert) 

"On the Role of Maximum Demand Charges in the Presence of Distributed Generation Resources'" (with David Sappington) 

"Measuring Market Power and the Efficiency of Alberta's Restructured Electricity Market: An Energy-Only Market Design" (with Derek Olmstead)

"Designing Compensation for Distributed Solar Generation: Are Common Net Metering Policies Optimal?" (with David Sappington)

"Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets"

"Promoting Efficient Distributed Generation of Electricity" (with David Sappington)

"On the Optimal Design of Demand Response Policies" (with David Sappington)



Teaching


Fall 2018

ECON 384 - Intermediate Microeconomic Theory II (Two Sections)


Winter 2019

ECON 471 - Strategic Behavior of the Firm

ECON 572 - Economics of Regulation: Theory and Applications