Ph.D., public policy, Harvard University; M.C.P., urban studies and planning, Massachusetts Institute of Technology; B.A., physics, Wesleyan University
Summary of Experience
Dr. Schatzki is an expert in energy and environmental economics and policy whose work involves electricity, oil, and natural gas markets. He supports clients in a range of contexts, including strategic and financial advice, regulatory and rulemaking proceedings, and litigation.
Dr. Schatzki has worked extensively in electricity markets, including energy, ancillary service, and capacity markets design; contract disputes; infrastructure siting; utility ratemaking; strategic and risk management; mergers and acquisitions; transmission planning and policy; and retail markets. His work includes market and regulatory design; economic and regulatory analysis of new market rules; evaluation of the market impacts of infrastructure and regulatory changes using market simulation models (e.g., PROMOD, GE MAPS); asset valuation; economic analysis of utility ratemaking mechanisms; financial analysis of ratemaking, contracts, cost of capital, and investment decision-making; and statistical analysis. He has submitted testimony to state and federal commissions on a variety of matters and has also provided litigation support in high-profile cases, including alleged wholesale electricity price manipulation and the consequences of such manipulation for derivative contracts.
Dr. Schatzki also works extensively on environmental economics, policy, and regulation. On climate policy and regulation, he has evaluated state and federal climate policy proposals, written extensively on the design of market-based policies, particularly cap-and-trade, and submitted comments on multiple occasions to California's Air Resources Board on the design of its cap-and-trade system.
Dr. Schatzki has developed white papers for numerous organizations such as the Electric Power Research Institute, Edison Electric Institute, Federal Energy Regulatory Commission, and National Association of Regulatory Utility Commissioners. His work has appeared in journals such as the Journal of Environmental Economics and Management, The Electricity Journal, Public Utilities Fortnightly, and AEI-Brooking Joint Center for Regulatory Studies.