Biography

Frank A. Wolak is the Holbrook Working Professor of Commodity Price Studies in the Department of Economics at Stanford University. His fields of specialization are Energy and Environmental Economics, Regulatory Economics, and Econometric Theory. His recent work focuses on the design of market and regulatory mechanisms to support the transition to a low carbon energy sector.  He also studies methods for introducing competition into infrastructure industries — telecommunications, electricity, water delivery and postal delivery services — and on assessing the impacts of these competition policies on consumer and producer welfare. From January 1, 1998 to March 31, 2011, Wolak was the Chair of the Market Surveillance Committee of the California Independent System Operator for electricity supply industry in California.  He is a Research Associate of the National Bureau of Economic Research (NBER). He currently directs the Program on Energy and Sustainable Development (PESD) in the Freeman-Spogli Institute (FSI) for International Studies and co-directs the Natural Gas Initiative at Stanford University.   From January 2012 to December 2013, Wolak was also a member of the Emissions Market Advisory Committee (EMAC) for California’s Market for Greenhouse Gas Emissions allowances.   This committee advised the California Air Resources Board on the design and monitoring of the state’s cap-and-trade market for Greenhouse Gas Emissions allowances.