Economic Evidence of Market Power and Market Manipulation in Energy Markets
This chapter, included in the first edition of GCR’s The Guide to Energy Market Manipulation, examines the economic analysis underlying recent enforcement...
Brian Rivard is an adjunct professor and director of research at the Ivey Energy Policy and Management Centre, in the Richard Ivey School of Business at Western University and is a senior consultant to CRA.
Previously, he was a principal in CRA’s Energy Practice specializing in energy market design, market analysis, and market monitoring matters. As a principal at CRA, Dr. Rivard assisted several Canadian and US clients on matters related to electricity market design, regulatory economics, contractual disputes, and market manipulation. He has testified before the Federal Energy Regulatory Commission and the Ontario Energy Board.
Prior to joining CRA, Dr. Rivard was the Director of Markets at the Independent Electricity System Operator (IESO) in Ontario. While working at the IESO, Dr. Rivard was responsible for providing analysis of the impacts of changes to the IESO Market Rules or Market Design, government policies, and other industry initiatives. For almost 15 years at IESO, he helped support the development of market-based approaches to managing Ontario’s electricity system needs.
In addition, Dr. Rivard spent six years as a senior economist with the Canadian Competition Bureau. He has written articles for various publications such as the Energy Journal, Canadian Competition Record, Antitrust Law Journal, and the Journal of Economic Theory as well as chapters included in Competition Policy and Intellectual Property Rights in the Knowledge-Based Economy and Payments Systems in the Global Economy: Risks and Opportunities.