Title
              Professor; Faculty Director, Energy Institute at Haas
          
            Department
                        Haas School of Business
              
      
            Faculty URL
              http://faculty.haas.berkeley.edu/borenste
          
            Research Group
              http://ei.haas.berkeley.edu
          
            Email
              severinborenstein@berkeley.edu
          
            Phone
              (510) 642-3689
          
                    
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                  Research Expertise and Interest
                            energy markets,                  electricity deregulation,                  industrial organization,                  environmental economics,                  applied microeconomics,                  airline competition,                  market pricing & competition              
      
            Research Description
              Severin?Borenstein?is E.T.?Grether?Professor of Business Administration and Public Policy at the Haas School of Business and Faculty Director of the Energy Institute at Haas.? He is also Director emeritus of the University of California Energy Institute (1994-2014).?? 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 2010-11,?Borenstein?was a member of U.S. Secretary of Transportation Ray LaHood's Future of Aviation Advisory Committee.??In 2012-13, he 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 until the Committee was dissolved in 2017.??Since 2015, he has served on the Advisory Council of the Bay Area Air Quality Management District. In 2019, he?was appointed?to the Governing Board of the California Independent System Operator.