The Catholic University of America

Kevin Forbes, Ph.D.

IPR Fellow
Email: forbes[at]
Phone: (202) 319-4794
Department: Department of Business and Economics

Dr. Forbes is an Associate Professor of Economics at the Catholic University of America. His teaching interests cover the areas of Microeconomics, Industrial Organization, Public Finance, Managerial Economics, and Statistics. Dr. Forbes holds a B.S. in Business Administration with Honors in Economics from Pennsylvania State University and a Ph.D. in Economics from the University of Maryland.

Dr. Forbes is a member of the following assoications: America Economics Association, American Meteorological Society, American Geophysical Union, Institute of Electrical and Electronics Engineers (IEEE), and American Association for the Advancement of Science (AAAS). He has been awarded several multiyear grants from the National Science Foundation to analyze the electricity market effects of space weather and is a coapplicant on a patent entitled, “Systems and Methods for Improving the Accuracy of Day-Ahead Load forecasts on an Electric Utility Grid.”

Dr. Forbes' research has focused on the economics of energy and the environment. As such, he is an active participant in Stanford University’s Energy Modeling Forum, in which energy experts from government, industry, universities, and other research organizations meet to study important energy and environmental issues of common interest. He is also a recent recipient of a research grant from the National Science Foundation to study the effect of geomagnetic storms on the electricity market. Research in progress includes: Evidence of Causality between Carbon Dioxide Concentrations and Temperature; Wind Energy and Carbon Emissions: Evidence from Ireland; Geomagnetic Activity and Challenges to Electric Power ; Reliability during Solar Cycle 23: Evidence from the Netherlands; Is the National Renewable Energy Laboratory Overly Optimistic About the Prospects for Renewable Energy ? : Evidence from the 50Hertz Transmission System in Germany.

Recent Publications

Do Day-Ahead Electricity Prices Reflect Economic Fundamentals?: Evidence from the California ISO,  The Energy Journal, (with E. Zampelli), forthcoming

The Economic Environment and the Growth in Reserves from Known Gas Fields in the Gulf of Mexico, Bulletin of Canadian Petroleum Geology, (with E. Zampelli), forthcoming

Do Policies to Encourage Wind Energy Inadvertently Pose Challenges to Electric Power Reliability? : Evidence from the 50Hertz Control Area in Germany, The Electricity Journal, November 2012 (with M. Stampini and E. Zampelli)

Did Geomagnetic Activity Challenge Electric Power Reliability During Solar Cycle 23? Evidence from the PJM Regional Transmission Organization in North America, The Space Weather Journal (with Chris St Cyr), 10, S05001, doi:10.1029/2011SW000752.

Are Policies to Encourage Wind Energy Predicated on a Misleading Statistic?, The Electricity Journal, April 2012 (with M. Stampini and E. Zampelli).