Jacob Mays's guest appearances

Jacob Mays

CleanLaw

Energy Unplugged

Public Power Underground

Jesse Jenkins

Dan Wells

Sam Stranks

Andrew Doyle

Alice Hill

Greg Jackson

Katharine Hayhoe

Kwasi Kwarteng

Tony Wood

Chris Hunt

Erin Brockovich

Rachel Fletcher

Malcolm Turnbull

Matt Christiansen

Mark Johnson

OwlTail

This week on Energy Unplugged, Hugo Batten and Oliver Kerr are joined by Jacob Mays, Assistant Professor at Cornell University’s School of Civil and Environmental Engineering.Prior to this role, Jacob studied at Harvard, Winconsin-Madison, and Northwestern. He’s been a management consultant, worked at FERC, and writes energy papers across a diverse range of topics.Listen to this ep to hear them discuss: - The role of energy modelling - Market design, in particular Jacob’s view on the wholesale-only vs capacity market plus wholesale debate - The role of academics in the energy transitionEnjoy!

This week on Energy Unplugged, Hugo Batten and Oliver Kerr are joined by Jacob Mays, Assistant Professor at Cornell University’s School of Civil and Environmental Engineering. Prior to this role, Jacob studied at Harvard, Winconsin-Madison, and Northwestern. He’s been a management consultant, worked at FERC, and writes energy papers across a diverse range of topics. Listen to this ep to hear them discuss: - The role of energy modelling - Market design, in particular Jacob’s view on the wholesale-only vs capacity market plus wholesale debate - The role of academics in the energy transition Enjoy!

EP.104 Jacob Mays, Assistant Professor at Cornell University

Jacob Mays, Assistant Professor in the School of Civil and Environmental Engineering at Cornell University, answers Paul’s remedial questions on how electric markets function and what the Pacific Northwest should be considering when approaching market expansion incrementally in a wide ranging and engaging conversation. Since Professor Mays is an academic, it feels fitting to include citations for the materials referenced. Please excuse any errors in citation. Mays et al., Private risk and social resilience in liberalized electricity markets, Joule (2022), https://doi.org/10.1016/j.joule.2022.01.004  Mays, Jacob and Jenkins, Jesse, Electricity Markets under Deep Decarbonization (April 19, 2022). USAEE Working Paper No. 22-550, Available at SSRN: https://ssrn.com/abstract=4087528 or http://dx.doi.org/10.2139/ssrn.4087528  Mays, J., Morton, D.P. &amp; O’Neill, R.P. Asymmetric risk and fuel neutrality in electricity capacity markets. Nat Energy 4, 948–956 (2019). https://doi.org/10.1038/s41560-019-0476-1  F. A. Wolak, Economic and political constraints on the demand-side of electricity industry re-structuring processes, Review of Economics and Institutions 4 (1) (Feb. 2013). doi:10.5202/rei.v4i1.101.URL https://doi.org/10.5202/rei.v4i1.101  Grubert, E., &amp; Hastings-Simon, S. (2022). Designing the mid-transition: A review of medium-term challenges for coordinated decarbonization in the United States. Wiley Interdisciplinary Reviews: Climate Change, e768. https://doi.org/10.1002/wcc.768  Mays, J., A mini-thread on my and @JesseJenkins working paper, Electricity Markets under Deep Decarbonization. (April 28, 2022). Twitter.com.   Jenkins, J., Texas's grid is straining again, as a spring heat wave finds ERCOT with about 1/3 of thermal power plants down, some for scheduled outages (prep for summer), others forced outages due to equipment failures, including 1 coal and 6 gas units. A few threads on the situation... (May 14, 2022). Twitter.com.   You can find our merch on shopify. You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Remember to share this with any friends you have that are electric utility enthusiasts like us!Public Power Underground, for electric utility enthusiasts! Public Power Underground, where you’re valued and appreciated.

<a href="https://www.cee.cornell.edu/faculty-directory/jacob-mays" rel="nofollow" target="_blank">Jacob Mays</a>, Assistant Professor in the School of Civil and Environmental Engineering at Cornell University, answers <a href="https://twitter.com/aPowerManager" rel="nofollow" target="_blank">Paul</a>’s remedial questions on how electric markets function and what the Pacific Northwest should be considering when approaching market expansion incrementally in a wide ranging and engaging conversation. Since Professor Mays is an academic, it feels fitting to include citations for the materials referenced. Please excuse any errors in citation.<ol> <li>Mays et al., Private risk and social resilience in liberalized electricity markets, Joule (2022), <a href="https://doi.org/10.1016/j.joule.2022.01.004" rel="nofollow" target="_blank">https://doi.org/10.1016/j.joule.2022.01.004</a> </li> <li>Mays, Jacob and Jenkins, Jesse, Electricity Markets under Deep Decarbonization (April 19, 2022). USAEE Working Paper No. 22-550, Available at SSRN: <a href="https://ssrn.com/abstract=4087528" rel="nofollow" target="_blank">https://ssrn.com/abstract=4087528</a> or <a href="https://dx.doi.org/10.2139/ssrn.4087528" rel="nofollow" target="_blank">http://dx.doi.org/10.2139/ssrn.4087528</a> </li> <li>Mays, J., Morton, D.P. &amp; O’Neill, R.P. Asymmetric risk and fuel neutrality in electricity capacity markets. Nat Energy 4, 948–956 (2019). <a href="https://doi.org/10.1038/s41560-019-0476-1" rel="nofollow" target="_blank">https://doi.org/10.1038/s41560-019-0476-1</a> </li> <li>F. A. Wolak, Economic and political constraints on the demand-side of electricity industry re-structuring processes, Review of Economics and Institutions 4 (1) (Feb. 2013). doi:10.5202/rei.v4i1.101. URL <a href="https://doi.org/10.5202/rei.v4i1.101" rel="nofollow" target="_blank">https://doi.org/10.5202/rei.v4i1.101</a> </li> <li>Grubert, E., &amp; Hastings-Simon, S. (2022). Designing the mid-transition: A review of medium-term challenges for coordinated decarbonization in the United States. Wiley Interdisciplinary Reviews: Climate Change, e768. <a href="https://doi.org/10.1002/wcc.768" rel="nofollow" target="_blank">https://doi.org/10.1002/wcc.768</a> </li> <li>Mays, J., A mini-thread on my and @JesseJenkins working paper, Electricity Markets under Deep Decarbonization. (April 28, 2022). <a href="http://Twitter.com" rel="nofollow" target="_blank">Twitter.com</a>.  </li> <li>Jenkins, J., Texas's grid is straining again, as a spring heat wave finds ERCOT with about 1/3 of thermal power plants down, some for scheduled outages (prep for summer), others forced outages due to equipment failures, including 1 coal and 6 gas units. A few threads on the situation... (May 14, 2022). <a href="http://Twitter.com" rel="nofollow" target="_blank">Twitter.com</a>.  </li> </ol>You can find our merch on <a href="https://public-power-underground.myshopify.com/" rel="nofollow" target="_blank">shopify</a>. You can find the podcast on <a href="https://podcasts.apple.com/us/podcast/public-power-underground/id1549717372" rel="nofollow" target="_blank">Apple Podcast</a>, <a href="https://open.spotify.com/show/4Pm5OQZ3R2qAKjD9RoOQoY" rel="nofollow" target="_blank">Spotify</a>, or wherever you get your podcasts. Remember to share this with any friends you have that are electric utility enthusiasts like us!Public Power Underground, for electric utility enthusiasts! Public Power Underground, where you’re valued and appreciated.

Electric Market Enthusiasm, pt. 1: Professor Jacob Mays on Electric Market Design

Ari Peskoe

Ari Peskoe talks to Dr. Jacob Mays about capacity markets. Jacob explains why regional power markets adopted capacity markets and outlines his research on the connection between risk and power plant operating and capital costs. Jacob and his colleagues published a paper on this topic entitled Asymmetric Risk and Fuel Neutrality in Capacity Markets - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3330932Visit our website here https://eelp.law.harvard.edu/Full transcript available here http://eelp.law.harvard.edu/wp-content/uploads/CleanLaw-19-Ari-Jacob-Capacity-Markets.pdf

Ari Peskoe talks to Dr. Jacob Mays about capacity markets. Jacob explains why regional power markets adopted capacity markets and outlines his research on the connection between risk and power plant operating and capital costs. Jacob and his colleagues published a paper on this topic entitled Asymmetric Risk and Fuel Neutrality in Capacity Markets - <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3330932" rel="nofollow" target="_blank">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3330932</a> Visit our website here <a href="https://eelp.law.harvard.edu/" rel="nofollow" target="_blank">https://eelp.law.harvard.edu/</a> Full transcript available here <a href="http://eelp.law.harvard.edu/wp-content/uploads/CleanLaw-19-Ari-Jacob-Capacity-Markets.pdf" rel="nofollow" target="_blank">http://eelp.law.harvard.edu/wp-content/uploads/CleanLaw-19-Ari-Jacob-Capacity-Markets.pdf</a>

Jacob Mays And Ari Peskoe Talk About Capacity Markets