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Welcome to JJackson Consulting
Dr. Jerry Jackson is an internationally recognized energy economist and Texas
A&M professor with thirty years experience addressing many of the most
difficult problems facing the energy industry. His interest and experience
span three broad areas including:
He has consulted with private companies, electric and gas utilities, energy service providers, retail energy providers, oil and gas companies, energy technology companies, and venture capital companies, municipal, state and federal government agencies. A partial list of his clients includes Toyota, United Technologies, Ingersoll Rand, Tanger Outlets, Aisin, Capital One, the Southern Company, Reliant Energy, TXU, Austin Energy, Florida Power and Light, Centerpoint Energy, and state energy agencies in California, Washington, Colorado, Indiana, New York, Pennsylvania, Texas and Michigan. A more extensive list of his clients is provided on the clients page of this Web site. What's New ?Dr. Jackson's work with individual clients assessing energy efficiency options convinced him that tradition energy capital budgeting investment analysis leads to significant underinvestment in energy efficiency - additional energy cost savings can easily pay for the cost of the investment and provide a sizable return ,increasing cash flows. Traditional measures such as payback and internal rate of return hurdle rates do not explicitly reflect uncertainty, consequently decision-makers use conservative paybacks and hurdle rates to avoid risk. However, like most rules-of-thumb, these decision rules are designed for worst-case situations, excluding many profitable investments.
Experience SummaryJerry Jackson began his energy career at Oak Ridge National Laboratory in 1976 where he developed a new commercial sector modeling technique, called end-use modeling that integrates both econometric and engineering information in a comprehensive energy modeling and forecasting system. This modeling approach provided the analytical framework used in current Department of Energy NEMS model and is still used in models used by various state agencies and electric utilities. He applied this model to assess national building and energy efficiency standards for the Department of Energy, EPA and the Office of Management and Budget and to provide energy use forecasts for the Department of Energy. He continued his energy modeling and analysis research and policy applications as Chief of the Applied Research Division and a Senior Research Scientist at the Georgia Tech Research Institute from 1979 - 1982 . He developed the Electric Power Research Institute (EPRI) commercial end-use model and conducted analysis and forecasts for the Department of Energy, Oak Ridge National Laboratory and the National Energy Renewable Laboratory. In 1982, he established the consulting firm, Jackson Associates, where he developed and applied end-use energy forecasting and policy models for utilities and state agencies to evaluate energy efficiency program and greenhouse emissions policies. These models have been applied at more than three dozen utilities and state agencies in support of energy forecasting and related policy analysis. He is the developer of the widely used MAISY® energy customer databases and analysis software :for which he received a patent in 1999. The Jackson Associates end-use models and detailed utility customer data available in the MAISY databases provided the basis for a new generation of MAISY agent-based models that model specific energy technology choice and adoption by households and firms. The models permit an integrated energy and environmental forecasts and assessment of various policies designed to limit CO2 and other greenhouse gas emissions. He is an expert on new energy technologies and their diffusion in the market. He has assisted leading US, Asian and European technology companies in analyzing and evaluating new technology markets, new product design, and market strategy development. A sample of these clients includes Aisin, United Technologies, Toyota, Carrier, Ingersoll Rand, Bloom Energy and IdaTech. He is actively involved in development and analysis issues related to fuel cells, microturbines, combined heat and power and other new energy systems. One of his current focuses is Energy Budgets at Risk (EBaR)TM, a quantitative energy risk management process he developed to guide energy efficiency and energy purchase choices in commercial, institutional, government and industrial facilities. EBaR applications can achieve net energy cost savings of 20 to 30 percent at most facilities while meeting risk tolerance and budget flexibility of individual organizations. He recently completed the book Energy Budgets at Risk (EBaR), A Risk Management Approach to Energy Purchase and Efficiency Choices, scheduled for publication by John Wiley and Sons in March 2008. He has also served as a technical reviewer for the Department of Energy's appliance efficiency program analysis and has provided consulting support and program analysis for state and utility energy efficiency programs. He is frequently called upon as an expert in energy use analysis and forecasting. For instance, in 2006 he provided expert analysis and expert witness testimony concerning the need for new electric generating capacity for the New Brunswick Board of Commissioners of Public Utilities. He has served as a US representative to a United Nations conference on energy modeling and was recently an invited keynote speaker at an international sustainability conference in New Zealand. He is a member of numerous professional organizations including the American Economic Association, the Association of Energy Engineers, the International Facility Management Association, the Professional Risk Manager's International Association and the Global Association of Risk Professionals. Dr. Jackson has been at Texas A&M University since 2005 where he holds a Signature Faculty position in the College of Architecture. Prior to beginning his energy industry studies he was an economist at the Federal Reserve Bank of Chicago. He holds a Ph.D. in economics from the University of Florida with a specialty in econometrics and a B.S. in mathematics from the University of Tennessee. He is a frequent contributor to academic and industry publications and is often quoted in newspaper and magazine articles on critical energy issues. Dr. Jackson may be contacted at:
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Facility
Energy Risk Management
(c) 2007 Jerry Jackson. All rights reserved.