Lawrence Makovich

Electric Power Industry

Senior Expert

Lawrence Makovich is an electricity industry expert and an authority on electricity markets, regulation, economics, and strategy. Dr. Makovich has testified numerous times before the US Congress on electric power policy and has advised the governments of China and Brazil on power issues. Dr. Makovich has contributed to, written, or directed several IHS Markit Multiclient Studies, including Beyond the Crossroads: The Future Direction of Power Industry Restructuring (2005); Power Supply Cost Recovery: Bridging the Missing Money Gap (2013); Missing money in Competitive Power Generator Cash Flows: Causes, consequences, and solutions (2014); Ensuring Resilient and Efficient Electricity Generation: The value of the current diverse US power supply portfolio (2017), Dr. Makovich was a Senior Fellow at the Mossavar-Rahmani Center for Business and Government, John F. Kennedy School of Government, Harvard University and has been a lecturer on managerial economics at Northeastern University’s Graduate School of Business. He holds a BA from Boston College, an MA from the University of Chicago, and a PhD from the University of Massachusetts.

Sessions With Lawrence Makovich

Thursday, 4 March

  • 07:00am - 07:45am (CST) / 04/mar/2021 01:00 pm - 04/mar/2021 01:45 pm

    Strategic Dialogue

    Perspectives on the Texas Power Crunch

    Panel Power & Renewables Geopolitics/Policy/Regulatory
    The Texas power crisis was a wake-up call for the industry. How did a system wide failure paralyze the capital of global energy? What were the flaws in grid infrastructure that left millions of Texans vulnerable to extreme weather? And where did investment fall short, leading to weakness in the system? These are fundamental questions around energy security and the subject of fierce debate. Policymakers, business leaders, and investors have an opportunity to design a resilient response. How can greater reliability and resilience be built into power systems that guard against extreme conditions and advance low-carbon goals? How should power markets be designed to incentivize investment while managing costs for consumers?