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Wholesale Electricity Pricing: Technical Overview
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This is a Lunch & Learn (i.e. brown-bag) event; beverages and dessert will be provided but please bring your own lunch.

When: Friday, November 3, 2017
12:00 pm to 1:30 pm
Where: FERC
888 First St NE
Room 3M-1
Washington, District of Columbia  20426
United States

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WCEE’s Lunch & Learn Series presents

Wholesale Electricity Pricing: Technical Overview


Electricity is a unique commodity and difficult to price due to its physical characteristics and fixed/non-convex generation costs. These difficulties have contributed to a variety of pricing proposals since wholesale electricity markets began twenty years ago.

Please join us for a discussion on the fundamental economics and basic mathematics behind wholesale electricity market pricing, known as Locational Marginal Prices.

FERC staff Robin Broder Hytowitz will provide an overview of electricity pricing focusing on broad concepts that apply to all ISOs/RTOs. The overview will explain the concepts behind Locational Marginal Prices, uplift, and an extension used in some wholesale markets today.

 Friday, Nov. 3, 2017

Time: 12:00 noon to 1:30 pm

FERC, Room 3M-1, 888 First St NE, Washington, DC 20426

Closest Metro:
 Union Station

Cost: $0 (WCEE members); $20 (non-WCEE members)

This is a Lunch & Learn (i.e. brown-bag) event; beverages and dessert will be provided but please bring your own lunch.

WCEE is grateful to FERC for use of its conference facilities

Our Speaker

Robin Broder Hytowitz works in the Office of Energy Policy and Innovation at FERC in the area of Operation Research Analysis. Her present focus is on current and proposed pricing models for wholesale electricity. She is also pursuing a PhD in energy systems engineering at the Johns Hopkins University in Baltimore, MD. Her dissertation analyzes improvements to reserve products for European markets considering high wind penetration, and proposes a new pricing method for US ISO markets. Prior to starting her PhD, she was a Fulbright Fellow studying wind power integration in Denmark. Robin received her master’s degree in electrical engineering from Arizona State University and a bachelor’s degree from Barnard College, Columbia University.



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