EPRI: Electric Power Research Institute

Victor Niemeyer is Program Manager for the Greenhouse Gas Reduction Options Program at the Electric Power Research Institute (EPRI). The Program helps energy companies investigate market mechanisms and offsets in climate policy design, assess the market impacts of climate policy on business and compliance strategies, understand the benefits and risks of new technologies, and assess the impacts climate policy at state and regional levels. The overall goal of this work is to help electric manage the costs and risks to customers and investors in a carbon-constrained environment.

Before joining the Global Climate Change program, Niemeyer managed the Power Markets and Risk program area in EPRI’s Power Delivery and Markets (PDM) Sector where he worked on methods of forecasting electric power price, estimating power and fuel market volatilities for option valuation, value generating and other assets, and managing financial risks from market volatility for competitive energy companies. He was also responsible for managing PDM's grid reliability and security programs

Earlier, as a Project Manager in the Environment Sector, he helped develop the art and science of applying risk management to environmental problems, applying short lead-time case study driven software products to solve specific utility environmental business risks. He also developed tools to help utilities understand the implications of the emerging market for SO₂ emissions allowances and plan their long-term environmental compliance.

Niemeyer holds a Bachelor of Arts in economics from the University of California and a doctorate in economics from the University of Texas at Austin. His fields of emphasis are energy economics, power market simulation, and environmental economics.