The Future of Utility Regulation 2025
Managing Competition
DATE & TIME
December 11th, 2025
9:30am - 6:30pm
LOCATION
The Verizon Executive Education Center at Cornell Tech
New York, NY
Cornell Tech, New York, NY — Venue for the Symposium
DESCRIPTION
Public utility commissions were built to regulate natural monopolies. But today, electricity is increasingly competing with gas—pressuring outdated regulatory frameworks to evolve.
The symposium will bring regulators, scholars, and practitioners together to examine how state utility commissions can manage this growing competition, adapt institutional frameworks, and fulfill their statutory responsibilities.
This is event is by invitation only. For more information email: events@thefutureofheat.com
EVENT DETAILS
Agenda
(subject to change)
-
Attendees should plan to arrive at 9:30 AM for registration. Coffee and other light refreshments will be served.
-
Rory Christian, Chair, New York Public Service Commission
-
Economic and regulatory history helps explain why utility commissions, working within a longstanding framework, are struggling to meet the challenges of growing competition between gas and electric utilities. This presentation will place the present moment in historical context and underscore the risks for both ratepayers and utilities if policymakers fail to adapt that framework. In doing so, it provides a foundation for examining how the choices made now will shape the future of the energy system.
Michael E. Bloomberg, Executive Director, The Future of Heat Initiative
-
Competition between electric and gas utilities is no longer hypothetical; it is appearing in regulatory dockets in leading states. In this session, a commissioner, a consumer advocate, and a utility executive will examine how the causes and effects of competition are surfacing, and how they are testing existing regulatory frameworks. The discussion will expose the practical realities facing decision-makers and affected parties, where doctrine is unsettled and every choice shapes precedent.
Radina Valova, Commissioner, New York Public Service CommissionMatt Steuerwalt, Senior Vice President, External Affairs, Puget Sound Energy
David S. Lapp, People’s Counsel, Maryland -
At the customer level, competition emerges through price comparisons, fuel choices, and technology adoption. This panel will examine the conditions that drive competition between gas and electricity service in relation to consumers, how and where it is likely to appear and intensity, and what those dynamics mean for utilities and regulators.
Jacob Mays, Assistant Professor, School of Civil and Environmental Engineering at Cornell University
Jeff Perlman, Founder and Chief Strategy Officer, Bright PowerDavid Hsu, Associate Professor of Urban and Environmental Planning, MIT
Catie Hausman, Associate Professor, University of Michigan & Research Associate at the National Bureau of Economic Research.
-
The Regulatory Assistance Project will present on the institutions and interests that shape utility regulation, setting the stage for guided, at-the-table discussions among participants with diverse backgrounds and experiences. Assigned seating will encourage participants to test assumptions and examine key issues facing regulators from the unique perspectives of their respective disciplines and roles.
Mark LeBel, Principal, Research & Strategy, Regulatory Assistance Project (RAP)
-
This panel explores the origins and evolution of public utility regulation, from the creation of commissions to the oversight of gas and electric service in those commissions’ formative years. It will examine the responsibilities and limited capacities of today’s regulators, and consider what the historical record reveals about how public utility law and institutions might address competition.
James Van Nostrand, Chair, Massachusetts Department of Public Utilities
Alison Gocke, Associate Professor of Law, University of Virginia School of Law
Joshua Lappen, Postdoctoral Research Associate, University of Notre Dame & Research Fellow, Future of Heat Initiative
-
This panel explores how academic institutions can contribute to the practice of utility regulation. Speakers will highlight initiatives to train the next generation of regulatory attorneys and economists, provide learning opportunities for current regulators, and produce research that regulators can apply in their work. The discussion will consider both the current and potential roles of academia in preparing and informing those who shape the future of the energy system.
Shelley Welton, Presidential Distinguished Professor of Law and Energy Policy, University of Pennsylvania Carey Law School
Lynne Kiesling, Director of the Institute for Regulatory Law & Economics, Northwestern University
Joshua Macey, Associate Professor of Law, Yale Law School
Abe Silverman, Assistant Research Scholar, Ralph O’Connor Sustainable Energy Institute at Johns Hopkins -
The day will conclude with closing remarks on opportunities for future research and collaboration among attendees as well as an announcement related to research funding.
-
Drinks and hors d’ouvres will conclude the day from 4:15-5:30 PM.
Host Committee
Catie Hausman
Associate Professor, University of Michigan Gerald R. Ford School of Public Policy
Joshua Macey
Associate Professor of Law, Yale Law School
Jacob Mays
Assistant Professor, School of Civil and Environmental Engineering at Cornell University
Abe Silverman
Assistant Research Scholar, Ralph O'Connor Sustainable Energy Institute, Johns Hopkins University
Shelley Welton
Presidential Distinguished Professor of Law and Energy Policy, University of Pennsylvania Carey Law School
Michael Samuelian
Founding Director, The Urban Tech Hub at the Jacobs Institute at Cornell Tech
& The Future of Heat Initiative
VENUE
Cornell Tech
ADDRESS
34 N Loop Rd
New York, NY 10044