The International Association for Energy Economics, a membership organization for professionals working in energy economics, has honored Severin Borenstein of the Berkeley-Haas School of Business with its annual Outstanding Contributions to the Profession Award.
Widely recognized as an expert on oil and gas pricing, he also is known for his insights into electricity markets. For the last decade, Borenstein has worked extensively on climate change and the economics of restricting greenhouse gas emissions. Much of his current research is focused on how to minimize harm to the poor that may be caused by climate change policies.
Borenstein was a driving force behind development of the UC Energy Institute, where he became director in 1994. At its successor organization, the Energy Institute at Haas, he served as faculty director from its creation in 2009 until stepping down last year to become one of its research associates.
In April, Borenstein was named a distinguished fellow of the Industrial Organization Society. In January, the Power Association of Northern California presented the Energy Institute with its 2014 Achievement Award.
Borenstein joined the Berkeley-Haas faculty in 1996.
The complete story about his latest award is online.