Shmuel S. Oren

Shmuel S. Oren

Academic Affiliate

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Phone: (925) 258-9600 VCard View CV


Shmuel S. Oren is the Earl J. Isaac Chair Professor in the Science and Analysis of Decision Making in the Department of Industrial Engineering and Operations Research at the University of California at Berkeley and former Chairman of that department. Over the last twelve years, he has served as the Berkeley site director of the Power Systems Engineering Research Center sponsored by the National Science Foundation and industry members.

Shmuel has published extensively on the subjects of nonlinear pricing and the application of such pricing in the context of telecommunications and electric power, design of market incentives, bidding, transmission pricing, electricity market restructuring and other related topics. He also served as a consultant and reviewer of electricity market rules concerning congestion management, ancillary services and settlements to the Brazilian Electricity Regulatory Agency, the Polish Transmission company, and the Alberta Energy Utility Board. He is currently a Senior Advisor to the Market Oversight Division of the Public Utility Commission of Texas (PUCT) and a consultant to both the Energy Division of the California Public Utility Commission (CPUC) and the Bonneville Power Authority. Shmuel has appeared as an expert witness before FERC and has been a member of the Department of Energy task force on the National Transmission Grid Study.

Dr. Oren holds B.Sc. and M.Sc. degrees in Mechanical Engineering from Technion University in Israel and M.S. and Ph.D. degrees in Engineering Economic Systems from Stanford University.


Ph.D. in Engineering Economic Systems, Stanford University

Areas of expertise

Recent news, presentations, and publications

‚ÄúSmart Flexible Just-in-time Transmission and Flowgate Bidding,” with Kory W. Hedman, Richard O’Neill and Emily Fisher, IEEE Transactions on Power Systems, Accepted for publication (March 2010).

“Optimal Static Hedging of Volumetric Risk in a Competitive Wholesale Electrcitiy Market,” with Yumi Oum, Decision Analysis, Special issue in memory of Michael H. Rothkopf, Vol. 7, No. 1 (2010) pp. 107-122

“Economic Analysis of the N-1 Reliable Unit Commitment and Transmission Switching Problem using Duality Concepts,” with Richard P. O’Neill, Kory Hedman and Eric Krall, Energy Systems, Published online 1/12/2010

“An Equilibrium Pricing Model for Weather Derivatives in a Multi-Commodity Setting,” with Lee Yongheon, Energy Economics, in Press (2009)

“Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Social-Welfar-Improving Transmission Investments?”, with Sauma Enzo, accepted for publication in Energy Journal (January 2008)

Review CV for more publications