Shmuel S. Oren
Home Publications Vita Courses Students Lectures  Links Album

Curriculum Vitae


Work: (510) 642-1836
Fax: (510) 642-1403
Mobile: (510) 908-3102
E-mail: OREN@IEOR.Berkeley.Edu


Pricing Strategies and Market Mechanisms
Electric Power Economics, Planning and Operations
Decision analysis and risk management


2006 - Present
Earl J. Isaac Chair Professor in the Science and Analysis of Decision Making, Department of Industrial Engineering and Operations Research
2012 - Present Member of the Market Surveillance Committee (MSC) of the California Independent System Operator (CAISO).
1996 - Present
Berkeley Site Director of Power System Engineering Research Center (PSerc).
1984 - Present Professor, Department of Industrial Engineering and Operations Research


2009 - 2011 Co-Chair of the joint College of Engineering and Haas School of Business at UC Berkeley managed Management of Technology Program
9/99 - 1/00
Visiting Professor, IIT, Madrid Spain.
8/93 - 10/93
Erskine Fellow, University of Canterbury, Christchurch, New Zealand.
1986 - 1992 Chairman, Department of Industrial Engineering and Operations Research, U.C. Berkeley.
5/92 - 7/92 Visiting Professor, American University of Armenia, Yearvan, Armenia.
7/85 - 1/86 Visiting Professor, Tel Aviv University, Israel.  
1982 – 1984 Associate Professor,  Department of Industrial Engineering and Operations Research, U.C. Berkeley.
1980 - 1982 Associate Professor, Engineering Economic Systems, Stanford University.
1972 - 1980 Consulting Professor Engineering Economic Systems, Stanford University.
1972 – 1980 Research Scientist, Xerox Palo Alto Research Center.
1970 – 1972 Teaching and Research Assistant, Stanford University.


Ph.D. in Engineering Economic Systems, Stanford University, Stanford, California (1972)
M.S. in Engineering Economic Systems, Stanford University, Stanford, California (1972)
M.Sc. in Materials Engineering, Technion, Israel (1969)
B.Sc. in Mechanical Engineering (Summa Cum Laude), Technion, Israel (1965)


2012-present California Independent System Operator - Member of Market Survailance Committee which advises the Board of Governors on market design issues and stakeholder initiatives.
2006-2009 California Public Utility Commission - Consultant to the Energy Division on issue related to generation adequacy and capacity markets. Participated in stakeholders workshops and preparation of CPUC Energy Division white paper.
Public Utility Commission of Texas (2001 - 2009) - Senior adviser to the Market Oversight Division, reviewing market protocols and proposed reforms for transition to a nodal market. Testifying on a regular basis before the Commission and speaking at technical conferences.
ISO-New England - Evaluating the implication of the forward capacity market (FCM) rules on market monitoring. Preparation of Market Mitigation Assessment report (with Robert Wilson)
ECOLGEN Colombia - Evaluating the regulator's proposal for a firm energy auction.
Korean Power Exchange (KPX) - Invited keynote speaker at workshop on demand response.
EPRI/EDF - Review of generation adequacy approaches with implication for Europe.
Korean Power Exchange (KPX) - Invited keynote speaker at a workshop on generation adequacy and capacity markets.
FERC - Invited panelist in technical workshop on the subject of Long Term Transmission Rights.
CPUC - Invited speaker at CPUC workshop on Capacity Mechanisms.
EPRI - Co-author of study on risk management and generation adequacy assurance in restructured electricity markets.
EPRI - Consulting on electricity market design initiatives
EPRI - Co-authored study on integration of markets and systems operation.
Peruvian Electricity Regulator (OSINERG) - Prepared (in affiliation with LECG in 2003) an evaluation and recommendation report on proposed generation market reforms in Peru.
California Independent System Operator (CAISO) - Served as independent reviewer of the CRR study performed by the CAISO..
Pacific Corp - Served as expert witness representing Pacific Corp in litigation before FERC to overturn long term contracts signed during the California energy crisis. As part of my direct testimony preparation I reviewed the contracts that were signed and conducted calculation to price out the lost option value resulting from the FERC imposed cap after the contracts were signed. (Dockets EL02-80- 001-002, EL02-81- 001-002, EL02-82- 001-002, EL02-83 -001-002, Pacific Corp vs. Reliant, Morgan Stanley, Williams, El Paso.)
National Grid Company USA - Co-authored a white paper (in affiliation with Analysis Group Economics) about the implication of the ERC SMD on transmission investment incentives.
DOE - Member of task force on National Electricity Grid Study and co-author of two (out of the six) white papers included in the study on systems operations and on transmission business models
Kyushu Electric Company - Japan - Co-authored (under contract to EPRI) a review of electricity markets reforms around the world and implications for Japan.
Polish System Operator - Participated (under contract to EPRI) in evaluation of the Polish electricity market reform.
Alberta Energy Utility Board - Served as independent reviewer of a comprehensive evaluation, commissioned by the EUB, of the Alberta electricity market structure.
Brazilian Electricity Regulator (ANEEL) - Served as independent evaluator of the whole sale market rule
BART - Served as expert witness representing BART in litigation before FERC disputing reliability charges assessed by the CAISO on grandfathered transmission customers (Docket ER00-2360-000, Bart vs. PG& E).
FERC - Invited panelist at FERC technical workshops conducted during preparation of the SMD NOPR on the topics of Transmission Rights and on Generation Adequacy.
Edison/Mission - Participated (in affiliation with Analysis Group Economics) in study of bidding strategies and market modeling for the UK electricity markets.
Entergy - Member of a team developing a "Blue Print for Transmission" (published as a book) describing an alternative to SMD based on performance based regulated TRANSCOs
Hagler Baily Inc. - Worked as Senior Adviser, providing technical assistance to the full time staff in responding to RFPs, executing various consulting projects and in internal development activities. Guided the development of methodology for electricity supply contracts and portfolio valuation and for generation asset pricing to support divestitures decisions and procurement activities by clients.
EIX - Developed (in affiliation with Hagler Bailly Co) a Stochastic Dynamic Programming methodology for optimal dispatch of water in the Big Creek system, so as to optimize response to PX prices.
PG&E - Consulting on use of a hydro thermal scheduling algorithm (HTO) for contract valuation
New England Electric System (NEES) - Developed (under contract to EPRI) methodology for dispatch and pricing of interruptible service contracts to reduce capacity deficiency payment
Niagara Mohawk Power Co. - Study (under contract to EPRI) alternative interruptible service contracts
EPRI - Co developer of the PRISM project: A study of product differentiation strategies and priority pricing schemes to induce demand response and design of interruptible service contract.
Xerox Palo Alto Research Center (1972-1980) - Member of technical staff. Developed decision models for product development. Was responsible for development of a market simulation model that facilitated the development and launching of the first laser printer. That project was a runner up for the INFORMS Edelman Prize.


Institute for Operations Research and Management Science (INFORMS), Fellow
International Association of Energy Economists
IEEE, Fellow
Mathematical Programming Society


International Journal of Operations Research, Member of Editorial Board
Energy Systems, Member of Editorial Board
Journal of Decision and Risk Analysis, Member of Editorial Board
Guest Co-Editor of a Special Issue of Decision Support System
Operations Research, Area Editor for Energy, Environment and Natural Resources
Guest Co-Editor Energy Economics
Co-Editor Special issue of Mathematical Programming on Optimization in Energy Applications
Co-Editor Operations Research Special issue on OR to the benefit of society
Editor in Chief of Foundations and Trends in Energy Economics and Policy


Updated October 2013