The Catholic University of America
Business and Economics Faculty

Kevin Forbes – Associate Professor of Economics

ForbesKevin Forbes teaches economics courses in the following areas: microeconomics, industrial organization, public finance, managerial economics, and statistics. He is an active participant in the University's honors program where he teaches a course in environmental economics.

His research has focused on the economics of energy and the environment. 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.

Primary Research Areas

Energy and Environmental Economics

Helioeconomics. Research focuses on electricity markets and operations and is largely funded by the National Science Foundation.
> An overview of this research effort is available here.

Recent Publications

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

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).

Recent Presentations

Establishing the Economic Impacts of Space Weather, Invited Lecture, 2012 Heliophysics Summer School, Boulder CO, June 2012.

The Relationship between Wind Energy and System Operator Actions to Ensure Power Grid Reliability: Econometric Evidence from the 50Hertz Transmission System in Germany, Eighth Annual Carnegie Mellon Conference on the Electricity Industry, Carnegie Mellon University, Pittsburgh, PA, 14 March 2012, (paper coauthored with M Stampini and E. Zampelli)

Space Weather, Terrestrial Weather, Network Effects, and the Imperative for Improved Modeling of Electricity Transmission Flows, Ninth Conference on Space Weather, American Meteorological Society Annual Meeting, New Orleans LA, January 2012(paper coauthored with Chris. St Cyr)



Office: 309 McMahon Hall
The Catholic University of America
620 Michigan Ave.
Washington, D.C. 20064

Phone: 202-319-4794




  • ECON 102 – Principles of Microeconomics
  • HSEV 203 – The Economics of Energy and the Environment


Ph.D., Economics
University of Maryland

B.S., Business Administration w/ Honors in Economics
Pennsylvania State University


Areas of Expertise

  • Economics of energy and the environment
  • Effect of geomagnetic storms on the electricity market