
SKBI hosted a workshop on Electricity and Environment facilitated by Professor Frank Wolak, Stanford University and Professor Alex Galetovic, Universidad Adolfo Ibáñez (Chile) & Hoover Institution (Stanford) over the 1.5 days. The participants spent majority of their time playing the roles of generating companies and load-serving entities in the game simulation. The objective of the workshop is to gain real-world experience with how environmental policies such as renewables portfolio standards, carbon taxes, and cap-and-trade markets for greenhouse gas (GHG) emissions interact with outcomes in a wholesale electricity market with conventional and intermittent renewable resources.