electric power restructuring on fuel and technology choices in the energy sector, options for reductions of greenhouse gases, and energy and environmental analysis in support of a number of foreign countries, the World Bank, and the Global Environment Facility. He served as a member of the NRC’s Committee on Challenges, Opportunities, and Possibilities for Cooperation in the Energy Futures of China and the United States and was a member of the previous Committee on Benefits of DOE R&D on Energy Efficiency and Fossil Energy. He received the Presidential Award for Superior Achievement (1992) and the Secretary of Energy’s Gold Medal for Outstanding Performance (1994). He has a B.S. in chemical engineering from Worcester Polytechnic Institute.


James E. Smith is an associate professor of decision sciences at Duke University. He teaches courses in probability and statistics and decision modeling. Professor Smith’s research interests lie primarily in the areas of decision analysis and real options. More specifically, his research focuses on developing methods for formulating and solving dynamic decision problems and valuing risky investments, taking account of the information provided in futures and options markets. His research has been supported by grants from the National Science Foundation and Chevron Corporation. Professor Smith received B.S. and M.S. degrees in electrical engineering from Stanford University (in 1984 and 1986, respectively) and worked as a management consultant prior to earning his Ph.D. in engineering-economic systems at Stanford in 1990. He has been at the Fuqua School of Business since the fall of 1990, and he received the Outstanding Faculty Award from the daytime M.B.A. students in 1993 and 2000; he has been nominated for teaching awards on several other occasions. He spent the 1998-1999 academic year on sabbatical at Stanford and served as associate dean for the daytime M.B.A. program at the Fuqua School of Business from 2000 to 2003.


Terry Surles is program manager for technology integration and policy analysis in the Hawaii Natural Energy Institute at the University of Hawaii at Manoa. Previously, he was director for the Pacific International Center for High Technology Research. Before joining PICHTR, Dr. Surles was vice president at the Electric Power Research Institute (EPRI) and its subsidiary, the Electricity Innovations Institute. He has also served as program manager of the Public Interest Energy Research (PIER) and assistant director for science and technology of the California Energy Commission. Dr. Surles was the associate laboratory director for energy programs at Lawrence Livermore National Laboratory, following his time at the California Environmental Protection Agency as deputy secretary for science and technology. Dr. Surles was at Argonne National Laboratory for a number of years, holding a number of positions in the energy and environmental systems area, with his last position being general manager for Environmental Programs. Dr. Surles holds a B.S. in chemistry from St. Lawrence University and a Ph.D. in chemistry from Michigan State University.


James L. Sweeney is professor and former chair, Department of Engineering-Economic Systems and Operations Research, Stanford University. He has been a consultant, director of the Office of Energy Systems, director of the Office of Quantitative Methods, and director of the Office of Energy Systems Modeling and Forecasting, Federal Energy Administration. At Stanford University, he has been chair, Institute of Energy Studies; director, Center for Economic Policy Research; and director, Energy Modeling Forum. He has served on several NRC committees, including the Committee on the National Energy Modeling System and the Committee on the Human Dimensions of Global Change. He served on the previous Committee on Benefits of DOE’s R&D on Energy Efficiency and Fossil Energy, helping to develop the framework and methodology that the committee applied to evaluating benefits. His research and writings address economic and policy issues important for natural resource production and use; energy markets, including oil, natural gas, and electricity; environmental protection; and the use of mathematical models to analyze energy markets. He has a B.S. degree from MIT and a Ph.D. in engineeringeconomic systems from Stanford University.


Michael L. Telson is the director of National Laboratory Affairs for the University of California in its Washington Office of Federal Governmental Relations. He previously served as chief financial officer (CFO) of DOE from October 1997 (after confirmation by the U.S. Senate) through May 2001. Before working at DOE, he served as a senior analyst on the staff of the Committee on the Budget, U.S. House of Representatives. He was responsible for reviewing energy, science, and space issues in the federal budget, including the programs of DOE, the NSF, and NASA, government-wide R&D policy, and certain user fee programs (including FCC spectrum auction issues). He also served as staff economist to the House ad hoc Committee on Energy created to enact the 1978 National Energy Act. Dr. Telson is a member of Sigma Xi, Tau Beta Pi, and Etta Kappa Nu. He is a fellow of the AAAS, as well as of the APS, and received the Meritorious Service and Superior Performance awards from Energy Secretary Richardson and the Gold Medal for excellence from Energy Secretary Abraham. In 2002, he was named a senior fellow of the U.S. Association for Energy Economics. He holds B.S., M.S., E.E., and Ph.D. degrees in electrical engineering from MIT and an M.S. in management from the MIT Sloan School of Management.



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