Presentation is loading. Please wait.

Presentation is loading. Please wait.

Federal Energy Regulatory Commission Role of Market Monitoring at the NYISO John P. Buechler VP – Market Structures FERC Open Session Washington, D.C.

Published byJordan Morrison Modified over 8 years ago

Similar presentations

Presentation on theme: "Federal Energy Regulatory Commission Role of Market Monitoring at the NYISO John P. Buechler VP – Market Structures FERC Open Session Washington, D.C."— Presentation transcript:

1 Federal Energy Regulatory Commission Role of Market Monitoring at the NYISO John P. Buechler VP – Market Structures FERC Open Session Washington, D.C. May 18, 2006

2 NYISO: Redesigned Organization (Effective November 21, 2005) Charles Garber VP and Chief Financial Officer Diane Egan Executive Assistant and Assistant Secretary to the Board IA - reports for administrative purposes to Market Structures Sandra Sanford VP, Human Resources Garry Brown VP, External Affairs Robert Fernandez General Counsel John Buechler Acting VP, Market Structures Internal Audit Board of Directors Mark Lynch President and CEO Ken Fell VP and Chief Information Officer Michael Calimano VP, Operations --Strategic & Business Planning --Product & Project Mgmt -- Market Monitoring, Analysis & Performance --Compliance & Risk Mgmt --Market & Employee Training --Customer Support Independent Market Advisor (IMA) IMA - advises CEO, Sr. Staff & MMAP unit

3 Role & Responsibilities: MMAP Administration of NYISO’s FERC-Approved: Administration of NYISO’s FERC-Approved: Market Monitoring PlanMarket Monitoring Plan Market Mitigation MeasuresMarket Mitigation Measures Market Monitoring Market Monitoring Participant Behavior & Market OutcomesParticipant Behavior & Market Outcomes Mitigation & InvestigationsMitigation & Investigations Analysis Analysis Market Simulations & Market ImprovementsMarket Simulations & Market Improvements Performance Performance Daily Market Review & Monthly Performance ReportsDaily Market Review & Monthly Performance Reports Interface with FERC Staff Interface with FERC Staff

4 Role & Responsibilities: IMA Advises NYISO Board, CEO & Senior Staff Advises NYISO Board, CEO & Senior Staff Market Design & PerformanceMarket Design & Performance Market ImprovementsMarket Improvements Advises MMAP Advises MMAP Market Design & PerformanceMarket Design & Performance Mitigation Design & implementationMitigation Design & implementation Regulatory FilingsRegulatory Filings Performs Annual SOM Assessment Performs Annual SOM Assessment Presents to Board, FERC & NYISO StakeholdersPresents to Board, FERC & NYISO Stakeholders

5 Resources MMAP Staff: 23 Personnel MMAP Staff: 23 Personnel Includes 3 PhD Economists; Engineers & AnalystsIncludes 3 PhD Economists; Engineers & Analysts Independent Market Advisor Independent Market Advisor NYISO Staff & Outside Counsel NYISO Staff & Outside Counsel Automated Tools Automated Tools Production Software (e.g. – AMP); Off-Line ToolsProduction Software (e.g. – AMP); Off-Line Tools Simulation Tools (e.g. – PROBE; SCUC)Simulation Tools (e.g. – PROBE; SCUC) Manual Policies and Procedures Manual Policies and Procedures Consultation Consultation Regulatory Staff & Market ParticipantsRegulatory Staff & Market Participants

6 Current Priorities Daily Market Monitoring Activities Daily Market Monitoring Activities Support of Corporate-Wide “Excellence-in-Execution” Initiative Support of Corporate-Wide “Excellence-in-Execution” Initiative Automation of Manual ProcessesAutomation of Manual Processes Off-Line Systems Moved to Production EnvironmentOff-Line Systems Moved to Production Environment Enhance Controls & ComplianceEnhance Controls & Compliance Improvement of Analysis Capabilities Improvement of Analysis Capabilities Data Storage and AccessibilityData Storage and Accessibility Interface with Strategic PlanningInterface with Strategic Planning Environmental Issues Environmental Issues

Download ppt "Federal Energy Regulatory Commission Role of Market Monitoring at the NYISO John P. Buechler VP – Market Structures FERC Open Session Washington, D.C."

Similar presentations

ATS QUALITY ASSURANCE PROGRAMMES. 2 NAV CANADA: THE COMPANY NAV CANADA, a non-share capital, private sector corporation incorporated May 1995 Financially.

ATS QUALITY ASSURANCE PROGRAMMES. 2 NAV CANADA: THE COMPANY NAV CANADA, a non-share capital, private sector corporation incorporated May 1995 Financially.
Office of the Controller and Internal Controls Sandra Featherson Associate Director of Controls Office of the Controller February 2010.

Office of the Controller and Internal Controls Sandra Featherson Associate Director of Controls Office of the Controller February 2010.
Process and Procedure Documentation. Agenda Why document processes and procedures? What is process and procedure documentation? Who creates and uses this.

Process and Procedure Documentation. Agenda Why document processes and procedures? What is process and procedure documentation? Who creates and uses this.
Auditing, Assurance and Governance in Local Government

Auditing, Assurance and Governance in Local Government
Department of Environmental Quality Environmental Management System Overview.

Department of Environmental Quality Environmental Management System Overview.
ICGFM Working in the Field in a Time of Increased Oversight Sean Temeemi, Chief Compliance Officer, FHI 360 November 7, 2012.

ICGFM Working in the Field in a Time of Increased Oversight Sean Temeemi, Chief Compliance Officer, FHI 360 November 7, 2012.
Chapter 5 5-1 © 2009 Pearson Education, Inc. Publishing as Prentice Hall.

Chapter © 2009 Pearson Education, Inc. Publishing as Prentice Hall.
Chapter 5 5-1 © 2009 Pearson Education, Inc. Publishing as Prentice Hall.

Chapter © 2009 Pearson Education, Inc. Publishing as Prentice Hall.
Risk Management at ANZ Banking Group Jun 18, 2008 Patrick Zhu Head of Retail Risk China Partnerships.

Risk Management at ANZ Banking Group Jun 18, 2008 Patrick Zhu Head of Retail Risk China Partnerships.
Internal Audit Process

Internal Audit Process
Office of the Controller and Internal Controls Jim Corkill Controller Office of the Controller September 2014.

Office of the Controller and Internal Controls Jim Corkill Controller Office of the Controller September 2014.
Corporate Ethics Compliance *

Corporate Ethics Compliance *
Chapter 11.  The board is ultimately responsible for risk management  Oversee strategic risks, operational risks, and financial risks  Many federal.

Chapter 11.  The board is ultimately responsible for risk management  Oversee strategic risks, operational risks, and financial risks  Many federal.
How the Balance Scorecard Approach Compares to Policy Governance ® IPGA 2007 Annual Conference Alexandria, VA June 23, 2007 Presented by: David Mustine.

How the Balance Scorecard Approach Compares to Policy Governance ® IPGA 2007 Annual Conference Alexandria, VA June 23, 2007 Presented by: David Mustine.
Environmental Management Services

Environmental Management Services
HW&W, Incorporated 7602 Granada Drive Bethesda, MD 20817 Telephone: 301-229-0497 H W & W, Incorporated e-Business Strategies “Providing Just-in-Time Solutions.

HW&W, Incorporated 7602 Granada Drive Bethesda, MD Telephone: H W & W, Incorporated e-Business Strategies “Providing Just-in-Time Solutions.
Douglas A. Sipe Outreach Manager Outreach Manager Division of Gas-Environment and Engineering Federal Energy Regulatory Commission Office of Energy Projects.

Douglas A. Sipe Outreach Manager Outreach Manager Division of Gas-Environment and Engineering Federal Energy Regulatory Commission Office of Energy Projects.
Business Analysis: A Business Unit Perspective International Institute of Business Analysis January 18, 2012.

Business Analysis: A Business Unit Perspective International Institute of Business Analysis January 18, 2012.
Presented to: Eastern RTO/ISO Conference Washington, DC May 11, 2005 The Importance of Teamwork in Multi-Jurisdictional Energy Market Monitoring William.

Presented to: Eastern RTO/ISO Conference Washington, DC May 11, 2005 The Importance of Teamwork in Multi-Jurisdictional Energy Market Monitoring William.
Chapter 3 Internal Controls.

Chapter 3 Internal Controls.

Similar presentations

Ads by Google