Carl Pechman
KeyLogic
Chief Scientist
Carl Pechman, Ph.D. is the Chief Scientist of KeyLogic, where his focus is the design of market mechanisms to support decarbonization. Prior to assuming that role, he was Director of the National Regulatory Research Institute which provided research support to our nation’s public utility commissions. He has extensive experience in the regulation of electric utilities, having held senior staff positions at the Federal Energy Regulatory Commission (FERC), the New York Public Service Commission, and on the Secretary of Energy’s policy staff. Dr. Pechman has been active in the transformation of the electric utility industry, overseeing the implementation of PURPA in New York, developing methods for incorporating energy efficiency into the utility rate and planning processes, leading the restructuring of the utilities in New York, creating the “cost-effectiveness test” relied on by the Supreme Court in FERC v. EPSA that affirmed the FERC’s demand response policy, creating market mechanisms to facilitate renewables and enhance the role of the consumer as a prosumer. He has extensive experience as a facilitator, including leading the NextGrid Working Group on Rate Design for the Illinois Commerce Commission. He also has extensive experience as an expert witness, including testimony that revealed Enron’s gaming of the western energy markets based on his review of the “Enron Tapes.” Dr. Pechman has written extensively about the future of the electric utility business model and is the author of Regulating Power: The Economics of Electricity in the Information Age (Kluwer Academic Publishers, 1993).
