Industrial Economics, Incorporated

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Energy Market and Policy Analysis

The energy landscape is undergoing revolutionary change. Renewables, storage, electrification, and increasing loads are reshaping demand, in the context of evolving regulation, uncertain federal policy, and growing resiliency and affordability.

IEc’s consultants help clients navigate this uncertainty with cross-discipline expertise in renewable market development, benefit-cost analysis, air policy, program evaluation, energy efficiency and transportation technologies, and finance. Our client base includes state agencies such as NYSERDA, the Illinois Power Authority, and the California Energy Commission; federal entities including DOE, EPA, BOEM, and FERC; utilities such as Eversource, ComEd, and SoCalGas; and multiple public interveners.

Our methods emphasize solutions that capture market uncertainties and balance affordability, reliability, market transformation, and equity.

IEc’s market models and analyses that capture interactions between the key drivers of energy development decisions and empower public agencies and utilities to make informed investment and policy decisions to meet evolving regional energy needs equitably and cost-effectively.

IEc combines economic, technical, and climate risk analysis to evaluate energy system vulnerabilities and strengthen critical infrastructure. We quantify the benefits and costs of resilience investments to enhance energy system reliability and security. Our work helps decision-makers prioritize resilience in grid modernization and infrastructure protection.

Our work aligns utility cost-effectiveness analysis with regional economic and benefit-cost methods to document the key milestones and impacts of market transformation, including emissions, clean energy transition workforce impacts, and associated changes in community health.

IEc’s energy equity work centers on economic rigor and the ways that traditional economic data and assumptions can fail to capture key policy impacts such as changes in trust and network effects. We have developed and applied cutting-edge equity valuation approaches for policy-makers and utilities, including equity weighting, regional economic methods, social network approaches, and rigorous qualitative approaches to identify and quantify the impacts of key program design elements.

 

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  • Utility Proceedings
  • Energy Market and Policy Analysis
  • Program Evaluation
  • Public Health Impacts
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