Harvard Kennedy School faculty disseminate their research in working publications and papers that contribute to public knowledge and fuel policy innovation. This list features recent faculty publications, including journal articles, books, edited volumes, research papers, and public testimony.

Faculty Publications

Andrianesis, Panagiotis, Dimitris J Bertsimas, Michael Caramanis, and William W. Hogan. "Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition." IEEE Transactions on Power Systems 37.4 (July 2022): 2578-2589.
Hogan, William W. "Electricity Market Design and Zero-Marginal Cost Generation." Current Sustainable/Renewable Energy Reports 9 (March 2022): 15-26.
Hogan, William W. "Strengths and weaknesses of the PJM market model." Handbook on Electricity Markets. Ed. Jean-Michel Glachant, Paul L. Joskow, and Michael G. Pollitt. Edward Elgar Publishing, 2021, 182-204.
Salles, Maurício B. C., Taina N. Gadotti, Michael J. Aziz, and William W. Hogan. "Potential revenue and breakeven of energy storage systems in PJM energy markets." Environmental Science and Pollution Research 28 (March 2021): 12357-12368.
Hogan, William W., Chiara Lo Prete, Bingyuan Liu, and Jia Wang. "Cross-product Manipulation in Electricity Markets, Microstructure Models and Asymmetric Information." Energy Journal 40.5 (June 2019): 221-246.
Hogan, William W. "Market Design Practices: Which Ones are Best?" IEEE Power & Energy. January/February 2019.
Hogan, William W. "Market Design Practices: Which Ones Are Best? [In My View]." IEEE Power and Energy 17.1 (January/February 2019).
Hogan, William W. "A Primer on Transmission Benefits and Cost Allocation." Economics of Energy & Environmental Policy 7.1 (March 2018).
Hogan, William W. "An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies." The Electricity Journal 30.10 (December 2017): 8-15.
Hogan, William W. and Susan Pope. "Priorities for the Evolution of an Energy-Only Electricity Market Design in ERCOT." Harvard Electricity Policy Group. May 9, 2017.
Hogan, William W. "Virtual Bidding and Electricity Market Design." The Electricity Journal 29.5 (June 2016): 33-47.
Caramanis, Michael, Elli Ntakou, William W. Hogan, Aranya Chakrabortty, and Jens Schoene. "Co-Optimization of Power and Reserves in Dynamic T&D Power Markets with Nondispatchable Renewable Generation and Distributed Energy Resources." Proceedings of the IEEE 104.4 (April 2016): 807-836.
Hogan, William W. (committee member). The Power of Change: Innovation for Development and Deployment of Increasingly Clean Electric Power Technologies. National Academies of Science, Engineering, and Medicine, 2016.
Hogan, William W. "Electricity Markets and the Clean Power Plan." Electricity Journal 28.9 (November 2015): 9-32.
Hogan, William W. "Electricity Markets and the Clean Power Plan." HKS Faculty Research Working Paper Series RWP15-059, October 2015.
Hogan, William W. "A Cleaner Energy System: Renewable Energy and Electricity Market Design [In My View]." IEEE Power & Energy Magazine. July 2015.
Hogan, William W. "Electricity Market Design and Efficient Pricing: Applications for New England and Beyond." Electricity Journal 27.7 (August 2014): 23-49.
Hogan, William W. "Electricity Scarcity Pricing Through Operating Reserves." Economics of Energy & Environmental Policy 2.2 (September 2013).
Hogan, William W. "Financial Transmission Rights: Point-to-Point Formulations." Financial Transmission Rights: Analysis, Experiences, and Prospects. Ed. Juan Rosellon and Tarjei Kristiansen. Springer, 2013.
Hogan, William W. "Brief of Robert L. Bordick, Joseph Bowring, James Bushnell, and 18 Other Leading Economists as Amici Curiae in Support of the Petitioners." United States Court of Appeals for the District of Columbia Circuit, October 25, 2012.
Hogan, William W. "Multiple Market-Clearing Prices, Electricity Market Design and Price Manipulation." The Electricity Journal 25.4 (May 2012): 18-32.
Hogan, William W. "Demand Response Compensation, Net Benefits and Cost Allocation: Comments." Electricity Journal 23.9 (November 2010): 19-24.
Hogan, William W. "Electricity Wholesale Market Design in a Low Carbon Future." Harnessing Renewable Energy. Ed. Boaz Moselle, Jorge Padilla, and Richard Schlamensee. RFF Press, 2010.
Hogan, William W., Juan Rosellon, and Ingo Vogelsang. "Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion." Journal of Regulatory Economics 38.2 (October 2010): 113-143.
Hogan, William W. "Demand Response Compensation, Net Benefits and Cost Allocation: Preliminary Comments." Testimony to the Federal Energy Regulatory Commission Technical Conference, Docket RM10-17-000, September 13, 2010.
Hogan, William W. "Fairness and Dynamic Pricing." Comment on The Ethics of Dynamic Pricing, by Ahmad Faruqui. Electricity Journal, 23.6, July 2010: 28-35.
Hogan, William W. "Scarcity Pricing and Locational Operating Demand Curves." Testimony to the Federal Energy Regulatory Commission, Technical Conference on Unit Commitment Software, June 2, 2010.
Hogan, William W., Juan Rosellon, and Ingo Vogelsang. "Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion." DIW Berlin, June 2010.
Hogan, William W., and Frederico Sturzenegger, eds. The Natural Resources Trap: Private Investment Without Public Commitment. MIT Press, June 2010.
Hogan, William W. "Demand Response Pricing in Organized Wholesale Markets." IRC Comments, Demand Response Notice of Proposed Rulemaking, Federal Energy Regulatory Commission, Docket RM10-17-000, May 13, 2010.
Hogan, William W. "Implications for Consumers of the NOPR’s Proposal to Pay the LMP for All Demand Response." EPSA Comments, Demand Response Notice of Proposed Rulemaking, Federal Energy Regulatory Commission, May 12, 2010.
Hogan, William W. "Electricity Market Reform." Harvard China Review. January 2010.
Hogan, William W. "Electricity Market Structure and Infrastructure." Acting in Time on Energy Policy. Ed. Kelly Sims Gallagher. Brookings Institution Press, May 2009, 128-161.
Hogan, William W. "Energy." National Strategy Forum Review. Summer 2008.
Hogan, William W. "Texas Nodal Market Design: Observation and Comments." Paper for ERCOT Energized Conference, Austin, May 2, 2008.
Hogan, William W. "Electricity Market Design: Coordination, Pricing, and Incentives." Paper for ERCOT Energized Conference, Austin, May 2, 2008.
Hogan, William W. "Cost Reductions, Cost Padding, and Stock Market Prices: The Chilean Experience with Price-Cap Regulation: Comments." Economia: Journal of the Latin American and Caribbean Economic Association 8.2 (Spring 2008): 190-193.
Hogan, William W. "Electricity Market Hybrids: Mixed Market Design, Regulation and Investment." Conference Paper for La Asociacion Espanola para la Economia Energetica (AEEE), Bilbao, January 17, 2008.
Gribik, Paul, William Hogan, and Susan Pope. “Market-Clearing Electricity Prices and Energy Uplift." Harvard Electricity Policy Group working paper, December 2007.
Baumol, William J., Colin Blaydon, Charles J. Cicchetti, Jeffrey A. Dubin, Franklin M. Fisher, Robert W. Hahn, Jerry A. Hausman, William W. Hogan, Joseph P. Kalt, et al. "Supreme Court Amicus Brief Regarding Morgan Stanley Capital Group Inc. v. Public Utility District No. 1 of Snohomish County, Washington." KSG Faculty Research Working Paper Series and AEI-Brookings Joint Center (RWP07-061 and Brief No. 07-02), December 2007.
Hogan, William W. "Electricity Market Hybrids: Mixed Market Design and Infrastructure Investments." USAEE/IAEE North American Conference paper, September 18, 2007.
Hogan, William W. "Comments on Wholesale Competition in Regions with Organized Electric Markets." Comments Submitted to the Federal Energy Regulatory Commission. Docket No. RM-07-19-000, September 17, 2007.
Hogan, William W. "Acting in Time: Regulating Wholesale Electricity Markets." Comments on Competition in Wholesale Power Markets. Submitted to the Federal Energy Regulatory Commission, May 8, 2007.
Hogan, William W. "“Market-based Transmission Investments and Competitive Electricity Markets."." Electric Choices: Deregulation and the Future of Electric Power. Ed. Andrew N. Kleit. Independent Institute and Rowman & Littlefield Publishers, 2007.
Baldick, Ross and William W. Hogan. "Stability of Supply Function Equilibria Implications for Daily versus Hourly Bids in a Poolco Market." Journal of Regulatory Economics 30.2 (August 2006): 119-139.
Hogan, William W. "Comments on Preventing Undue Discrimination and Preference in Transmission Services." Comments submitted to the Federal Energy Regulatory Commission, November 22, 2005.
Hogan, William W. "Resource Adequacy and Electricity Markets." EnergyBiz September-October 2005.
Hogan, William W. "On an 'Energy Only' Electricity Market Design for Resource Adequacy." Working Paper, September 23, 2005.
Harvey, Scott M., William W. Hogan, and Todd Schatzki. "A Hazard Rate Analysis of Mirant’s Generating Plant Outages in California." KSG Faculty Research Working Paper Series RWP05-027, March 2005.
Baldick, Ross, and William W. Hogan. "Polynomial Approximations and Supply Function Equilibrium Stability." KSG Faculty Research Working Paper Series RWP05-028, March 2005.