Dr Steven Stoft

Dr. Stoft has been an independent energy consultant since 1999, specializing in electricity market design and analysis. He has recently published his second book, Carbonomics, and is now shifting his focus to energy and climate policy.

In 2002 he served as the expert economic witness before FERC for California’s PUC and its Electricity Oversight Board in their attempt to recover part of the $40 billion spent on long-term contracts during the electricity crisis. From 2004 to 2006, he helped design ISO‐New England’s, capacity market. From 1999 to 2008 he consulted for the market monitor of the PJM power market.

In 2002 he published Power System Economics, which has been translated in to Chinese and Russian. From 1999 to the present he has consulted for a Canadian independent power producer on transmission policy and cap and trade policy, including having some influence on forthcoming Canadian climate-policy proposals.

Prior to consulting, he spent ten years as a staff scientist at Lawrence Berkeley National Laboratory working on national energy-efficiency standards for appliances.

He also served in the office of economic policy at FERC, was a research associate at the University of California’s Energy Institute, and an assistant professor at Boston University. He holds a Ph.D. in economics and a B.S. in engineering mathematics, both from the University of California at Berkeley.