David E. Dismukes, Consulting Economist
David E. Dismukes is an expert in the analysis of economic, statistical, and public policy issues in energy and regulated industries. He has worked in academic, consulting, and public service. Dr. Dismukes’ regulatory experience includes serving as a staff economist and forecaster/statistical analyst for the Florida Public Service Commission.
Over the past 28 years, Dr. Dismukes has participated in over 300 regulatory proceedings in 25 states and has prepared expert witness testimony, reports, and affidavits in over 130 proceedings in Arkansas, Arizona, Colorado, Delaware, Florida, Indiana, Illinois, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Jersey, Ohio, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, the District of Columbia and before the Federal Energy Regulatory Commission (“FERC”). Dr. Dismukes has also testified before both houses of the U.S. Congress and various state legislatures.
In addition to his position as a consultant and partner at ACG, Dr. Dismukes also serves as a full professor, Executive Director, and Director of Policy Analysis at the Center for Energy Studies, Louisiana State University. He is also a full professor in the Department of Environmental Sciences and the Director of the Coastal Marine Institute in the College of the Coast and Environment, an Adjunct Professor in the Department of Economics at the E.J. Ourso College of Business Administration, and a member of the graduate research faculty at LSU.
Dr. Dismukes has given more than 200 energy-related presentations to civic, professional, and trade organizations over the past decade. His opinions on energy industry trends and issues have been quoted in the Wall Street Journal, the Washington Post, the New York Times, the Christian Science Monitor, the Los Angeles Times, and USA Today, as well as a host of other regional and local newspapers and trade newsletters.
Dr. Dismukes is an expert in the examination of many traditional regulatory issues including those associated with various revenue requirement adjustments, the estimation of test year billing determinants for forecast test years, class cost of service studies, revenue distribution, and rate design. He also addresses a variety of emerging policy and regulatory issues that include such topics as revenue decoupling, net energy metering, market design issues for solar and other renewable energy markets, contract evaluations for large scale renewable energy projects, and mergers and acquisition issues. Dr. Dismukes is also trained in a variety of statistical methodologies and is well-versed in electricity and natural gas demand modeling and the analyses various weather normalization techniques. He has also examined a number of other incentive and performance-based regulation issues in both electric and natural gas utility regulation.
Dr. Dismukes has analyzed the various uses of natural gas storage such as reliability, risk management and price normalization. Additionally, Dr. Dismukes has prepared economic impact analyses relating to the development of a number of gas storage facilities. Dr. Dismukes has given numerous presentations, and prepared several presentations, identifying and examining natural gas storage trends and activities, particularly those along the Gulf Coast. He has examined issues associated with the growing nexus between natural gas storage and liquefied natural gas (“LNG”) import and export activities. He has worked as a consultant for several private companies (both users and developers) examining natural gas storage trends that include those associated with their development and operation. He has hands-on experience working on specific natural gas storage project developments.
Dr. Dismukes has prepared over 150 publications and conference papers on energy and regulated industries that have appeared in such journals as Resource and Energy Economics; Southern Economic Journal; Energy Policy; Utilities Policy; Energy Journal; Studies in Economic and Finance; IEEE Transactions on Power Systems; NRRI Journal of Applied Regulation; Natural Resources Forum; Journal of Business Valuation and Economic Loss Analysis; Journal of Legal, Ethical, and Regulatory Issues; International Energy Law and Taxation Review; Public Resources Law Digest; Electricity Journal; Oil, Gas, and Energy Quarterly; Natural Gas Journal; Oil and Gas Journal; Natural Gas Outlook; Public Utilities Fortnightly; Financial Times-Energy; and the American Oil and Gas Reporter.
His conference papers have been published in proceedings sponsored by the Society of Mechanical Engineers (“SME”), the Society of Petroleum Engineers (“SPE”), the Institute for Electrical and Electronic Engineers (“IEEE”), the International Energy Foundation (“IEF”), the International Association of Energy Economics (“IAEE”), the International Association of Science and Technology for Development (“IASTED”), the Southwest Academy of Management, and the Academy of Legal, Ethical, and Regulatory Issues. He has contributed a number of chapters to books on energy and regulatory issues and is the co-author of a book on electric power restructuring and competition for CRC Press entitled: Power Systems Operations and Electricity Markets.
Dr. Dismukes received his M.S. and Ph.D. in economics from the Florida State University. He is a member of numerous professional associations including the American Economic Association, American Statistical Association, Econometric Society, Southern Economic Association, Western Economic Association, the National Association for Business Economics, and the International Association for Energy Economics.