David K.A. Mordecai Authored Article “The Critical Role of Transmission and Storage Capacity” in ABA Natural Resources and Environment

Print Friendly, PDF & Email

David K.A. Mordecai authored an article published in the Future of the Energy Grid Issue (Winter 2023) of the American Bar Association (ABA) Natural Resources and Environment, entitled The Critical Role of Transmission and Storage Capacity in Balancing Intermittent Generation and Transient Load.

Although investment in modeling, installation, and maintenance of scalable storage and transmission infrastructure is critical to grid modernization, other aspects are outpacing the measures and resources needed for reliable, resilient, stable and secure grid balancing operations, in order to mitigate the expanding exposure and increasing susceptibility to climate-related weather volatility and technological transition risks. This article discusses the law, economics, and finance, as well as risk engineering and regulatory implications of regional weather-dependent variability from transient electricity loads compounded by increasing resources needed for reliable, resilient, stable, and secure grid balancing operations.

Dr. Mordecai is an active member of the ABA Science and Technology (SciTech) Law Section, having been reappointed as Chair of the Space Law Committee, and Co-Chair of the Nanotechnology Committee, previously having served as Vice-Chair of the Artificial Intelligence (AI) and Robotics from 2018 to 2022. In addition, Dr. Mordecai has been an invited speaker at the AI & Robotics Institute in both 2021 and 2020, and an invited speaker at the 2019 American Bar Association Annual Meeting and 34th Intellectual Property Law Conference (ABA-IPL).

Dr. Mordecai previously authored the article Automated Personal Assistants with Multiple Principals: Whose Agent Is It? in the Winter 2020 issue of ABA SciTech Lawyer, and co-authored the article Objects May be Closer Than They Appear: Uncertainty and Reliability Implications of Computer Vision Depth Estimation for Vehicular Collision Avoidance and Navigation – Part 1, in the Fall 2022 Issue of ABA SciTech Lawyer.

Dr. Mordecai is President of Risk Economics, Adjunct Professor of Econometrics and Statistics at the University of Chicago Booth School of Business, and Visiting Scholar at Courant Institute of Mathematical Sciences NYU, advising research at RiskEcon® Lab @ Courant Institute.

David K.A. Mordecai Authored Article The Critical Role of Transmission and Storage Capacity in ABA Natural Resources and Environment

About Risk Economics, Inc.
Risk Economics specializes in economic analysis of risk and liability. It provides advisory services at the intersection of commercial business-process engineering and risk engineering with a particular focus on coupling commercial reinsurance and financial technology, through the rigorous application of agent-based, demographic, and statistical methodologies to microeconomic and macroeconomic analytics.

The RiskEcon® client roster is diverse and includes governmental and quasi-governmental agencies, global insurance and reinsurance firms, leading law firms, technology firms, global banking institutions, asset management firms, multinational corporations with interests in natural resources, commodities, and energy, as well as government agencies and regulators.