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BRUCE
BRAINE is currently a senior lecturer at the Ohio
State University on energy and environmental economics
and public policy in the undergraduate and MBA programs.
He currently teaches (1) Commodity Futures and Options,
(2) the Capstone course on Energy and Environmental
Sustainability and (3) Energy, the Environment and the
Economy. He began his independent consulting practice
with BRUCEBRAINE.com in June, 2016.
Bruce
retired from American Electric Power (AEP) in February,
2016. Prior to that time, he was vice president for
strategic policy analysis for AEP. In that position,
he focused on analysis of federal and state energy and
environmental policy as well as analysis and development
of long-term environmental and energy strategy for AEP.
Braine
originally joined AEP in 1997 as senior vice president
- analysis for AEP Energy Services, an AEP energy trading
subsidiary. He was named vice president - strategic
policy analysis of AEP in 2002. Braine has a bachelor's
degree from Brown University and a master's degree in
business administration from Stanford University, where
he graduated from Stanford's Public Management Program.
Before
joining AEP Energy Services in 1997, he was senior vice
president at ICF International, where he directed ICF's
$6 million electric utility business consulting unit.
Mr.
Braine has almost 40 years of experience in environmental
and energy policy and economic analysis. He has published
many articles and presented publicly on these topics
at numerous conferences.
Braine
has previously served as chairman of EPRI's Energy and
Environmental Analysis Area Council, chairman of the
Board of Directors of the International Emissions Trading
Association (IETA), as chair of the IETA US working
group, on the Edison Electric Institute (EEI) Strategic
Issues Committee and EEI Economics and Public Policy
Executive Advisory Committee. He was formerly on the
Board of Directors of the Chicago Climate Exchange.
He is also a former chairman of the pension committee
of the United Way in Central Ohio and was formerly on
the board of directors of the Ohio Association of Non-Profit
Organizations (OANO).
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| IETA
ANNOUNCES NEW BOARD MEMBERS |
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 The
International Emissions Trading Association (IETA)
is a nonprofit business organization created in June,
1999 to establish a functional international framework
for trading in greenhouse gas emission reductions.
IETA's
membership includes leading international companies
from across the carbon trading cycle. IETA members seek
to develop an emissions trading regime that results
in real and verifiable greenhouse gas emission reductions,
while balancing economic efficiency with environmental
integrity and social equity.
At
its Annual General Meeting in Marrakech in November,
2016, IETA
named two new board members and announced the appointment
of its first China Representative.
Bruce
Braine, former vice-president of American Electric
Power and a former chairman of the board of IETA, was
honored by being named an IETA fellow.
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the entire article |
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American
Electric Power: Vice President, Strategic Policy Analysis
(2003-2016)
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Directed
analysis of energy and environmental policies (e.g. Clean
air proposals, climate change, renewables/energy policy).
Analyzed/developed long-term corporate environmental/energy
strategy. |
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The
Ohio State University: Lecturer, Fisher MBA Program
and Undergraduate Economics Program (2015- Present)
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Currently
Teaches (1) Commodity Futures and Options (2) Capstone
Environmental Sustainability Course and (3) Energy,
The Environment and Economics.
Taught All-Day Intensive Energy Policy Seminar to MBA
Students (Summer 2015)
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American
Electric Power: Vice President, Strategic Planning &
Analysis (2001-03)
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Corporate
strategy analysis. Directed AEP's corporate financial
analysis of new investments, acquisitions and divestitures. |
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| AEP
Energy Services: Senior Vice President, Analysis (1997-2000) |
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Headed
up AEP Analysis Group (Staff of 20-25) Lead responsibility
for: |
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Forward
price curves for power, fuels and emissions |
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Analysis
of all power and fuel transactions |
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Corporate
environmental compliance and resource planning analysis
and strategy |
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Derivative
analysis |
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Mergers
and acquisitions analysis |
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Key
Accomplishments (Examples) |
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Predicted
"bust" cycle in US power in post-2000 and helped
AEP avoid many new merchant generation projects |
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Facilitated
through fundamental analysis major purchases of SO2 Allowances
beginning in 1998, prior to price run-ups resulting in
over $100 million of savings for AEP |
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Directed
financial and market analysis of successful AEP-CSW merger
in a period of only two months |
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| ICF
(1980-96)- Senior Vice President (last position) directing
ICF 30 Person--$6 million Electric Utility Business Consulting
Unit |
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Recognized
industry expert on electric power and energy market analysis
and environmental regulatory issues. Developed numerous
economic, financial and policy analyses of the energy
and transportation markets, electricity deregulation and
Clean Air legislation for a wide variety of clients including
the US EPA, DOE, Edison Electric Institute as well as
many electric power, energy companies and railroads. Worked
closely with Environmental Defense and EPA in the evaluation/development
of the SO2 allocation and trading system and the passage
of the 1990 Amendments. |
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Chairman
Board of Directors, International Emissions Trading Association
(IETA) 2013-15; Vice-Chair 2010-13; Board 2003-09 |
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Board
of Directors, Chicago Climate Exchange 2003-2011 |
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Edison
Electric Institute (EEI) Strategic Issues Committee 2000-2015 |
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Electric
Power Research Institute (EPRI) Chairman of Global Climate
Change and Energy/Environmental Area Councils 2008-2015 |
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Board
of Directors, Ohio Association of Non-Profits (OANO) |
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Chairman
of Pension Committee, United Way of Central Ohio |
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Brown
University BA History (1976) |
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Stanford
Graduate School of Business MBA (1980) with Concentration
in Economics and Finance |
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Stanford
Public Management Program (1980) |
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| Economic/Financial
Issues related to Energy, Deregulation, Coal and Clean
Air Act Issues: |
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AEP
Hearings in Ohio, Virginia, West Virginia and Arkansas
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US
Congress - Senate Environment and Public Works Committee |
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US
Congress - House Subcommittee on Energy and Power, |
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Deposition
to US Department of Justice on AEP/CSW Merger |
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Wall
Street Journal |
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New
York Times |
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Bloomberg |
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CNBC |
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Columbus
Dispatch |
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Associated
Press |
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BBC
America |
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Other
news and trade journal publications |
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Numerous,
includes more than one hundred keynote and other presentations.
Examples include: presentations given to the Society of
Utility Regulatory Financial Analysts, National Association
of Regulatory Utility Commissioners (NARUC), the American
Bar Association, Energy Bar Association, Environmental
Law Institute, Cambridge Energy Research Association (CERA)
Week (preeminent US energy conference), Keystone Energy
Dialogue, U.S. DOE/EIA Annual Energy Conference; MIT Annual
Energy Conference; Pew Center on Climate Change, Gasification
Technology Council (GTC) Annual Meeting, Ohio Manufacturers
Association, National Coal Conference, Power Gen Conference,
Florida Business Roundtable, American Waste Management
Conference, International Energy Association (IEA), International
Emissions Trading Association (IETA), US EPA Earth Technology
Forum and Environment Conferences, Swiss Re Annual Summit,
Annual Green Trading Summit, Energy Mineral and Law Foundation
(EMLF), Platts Energy Conferences |
