An Accelerated Master’s Program in Resource and Energy Economics






  • Do you want to contribute to a sustainable future?
  • Do you believe in behavior-based solutions to our climate challenges?
  • Do you find “stories” in numbers?
  • Do you like to solve puzzles?  Explore new ways to think about problems?
  • Do you like to work as part of a team?
  • Do you need marketable skills to launch your career?


InformationWhat do you work on while in REDA

REDA curriculum at a glance — course outline


The UW-Madison REDA program, directed by Bill Provencher, may be a good match for you.

Justin Margolies

Justin Margolies

Kathleen Ward

Kathleen Ward

“I had been working at a solar installation company after graduating with a degree in international studies.  But I realized that while I understood the theory behind micro-economics, I did not really know how to put theory into action.  I found that the REDA program, with its accelerated path to a master’s, was a good fit for me.  This is a hands-on, take the data apart, look under the hood, and really understand what is going on inside the theory kind of program. We learn how to apply the theory to real applications.”  Justin Margolies, 3/16


“While working in an energy economics firm, I came to appreciate the incredible diversity of applications for both macro- and mirco-economics.  I was using quantitative tools but using them on faith that they were the right tool for the job.  Then I found REDA.  This is a professional program, geared towards developing an understanding of the quantitative tools needed for successful analytical careers.  You will acquire a number of economic analysis tools to add to your “toolkit” and learn how to apply them to solve real world problems.  It is a year-long, hands-on applied energy economics immersion course.  While intense, it is a very positive place to learn because everyone in the program wants to be there.  More to the point, we all want to know what is really happening inside the different models that are used for analysis.”  Kathleen Ward 3/16

Both students agree that “Dr. Provencher does not just provide random problems for us to solve.  He creates a whole story around the problem so we have context for the analysis and the solution.  He and his team take time to help us with our case work, making sure we do not spin our wheels on a troublesome problem.”

Advanced Metering Roundtable

Advanced Metering Roundtable


A Chatham House Rule Discussion

This is a members only meeting

September 14, 2012

The Engineering Centers Building * 1550 Engineering Drive, Madison WI.

Tong Auditorium

When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed.



Objective of this program:  By 2015 it has been estimated that nearly 50% of the country will have installed digital meters.  They will run the gambit from meters that allow utilities to read meters from the street to meters that enable the growth of a new partnership between the customer and the system load.  Our program is designed to allow utilities and other organizations actively working in this area to discuss what we are encountering in this new and developing area. Note:  No specific information regarding rates will be discussed at this meeting.


This is an update by utilities from around the region on what they are seeing and doing with advanced metering systems in their service territory.  Note that specific rates will not be discussed at this meeting.

8:15 – 8:45           Introductions—What’s On Your Mind

8:45  – 9:30         WPS Update on Meters:  Brian Teddy,   Manager – Advanced Metering Infrastructure, Customer Relations, Wisconsin Public Service (this session will be offered in two parts to allow for sufficient discussion and to view displays)

  • WPS will review the status of the three community pilots.  In this review WPS will share and display their current technologies along with the evaluation of customer technology adoptions.
  • WPS is also working on installing the first public electric vehicle charging station in their area.  WPS will have their Chevy Volt on display for the day for the attendees–see 3:30 – 4:00 session

9:30  – 10:15       How States and State Utility Commissions are Approaching Smart Meter Deployments:  Diane Ramthun, Public Service Commission Wisconsin

  • State Regulatory Approaches to Smart Meters
  • Policies and initiatives to promote smart meters
  • Rule makings to provide guidance and standards for utilities in smart meter deployments
  • Regulatory oversight of cost recovery and associated tariffs
  • Emerging regulatory issues among the states

10:15 – 10:30      Break

10:30 – 11:30      Status of Advanced Meters in North America:  Ahmad Faruqui, The Brattle Group

  • Residential case studies—results, problems, opportunities
  • Cost recovery strategies
  • Where are utilities stopping—at the meter or the fridge?

11:30 – 12:15      Meters—Operational Longevity, Asset Depreciation:  Roundtable Discussion

12:15 – 1:00        Working Lunch and Discussion–Dietram Scheufele, UW Madison

1:00 –  2:15         Case Study:  Commonwealth Edision’s Pilot Programs

2:15 – 3:00          WPS Case Study Continued

3:00 – 3:30          Roundtable Discussion:  The room will be set in a square and participants can nominate topics for discussion such as:

  • Privacy–Opt out or Opt in based on privacy and health issues–
  • Where to stop, at the meter or the fridge
  • Green Button
  • Who has responsibility for data security?  Vendors, Commissions, FCC, FERC, Customers, Utilities

3:30 4:00        Electric Vehicles–includes a visit to the WPS Volt


Enhance your knowledge of utility issues…

Shape the nature of the debate…


Balancing the demands of consumers, regulators, policymakers, and stakeholders is a daunting task for utilities, even under the best of circumstances. Add to this the ever increasing complexity of contemporary utility issues and simply keeping up with the changing landscape can become a full time job. Professional development courses and topic seminars from the Wisconsin Public Utility Institute combine the resources of the University of Wisconsin with the best in professional experience to provide an unbiased forum in which issues can be discussed, knowledge enhanced, and alternatives and possible solutions identified. A member driven institution, WPUI seeks to communicate the diversity of views that exist on current policy issues, particularly the leading-edge issues that will affect the future of those industries and the customers they serve.
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