Michael DeSocio is an energy market and regulatory specialist helping clients navigate the complex field of energy markets and the regulatory frameworks that govern them. He offers clients unique insights into energy markets including deep knowledge of electricity and renewables. This includes a deep understanding of market structures, pricing mechanisms, and trading strategies.
Mr. DeSocio has contributed to the NYISO’s wholesale electricity market design and grid operation for nearly 25 years. He has advanced a diverse array of wholesale energy and capacity market enhancements to improve market signals and incentives for attracting and retaining resources that support grid reliability needs and energy policy objectives.
These include landmark changes to the NYISO’s capacity accreditation rules, the introduction of a multi-interval co-optimized real-time energy market, the enhancement of ancillary service product and pricing designs, and improved transmission congestion pricing. Mr. DeSocio also led wholesale market designs for energy storage, distributed energy resources (DERs), and hybrid resources, and improved interregional trade across the Northeast.
Previously, Mr. DeSocio worked at Central Hudson Gas & Electric focusing on system protection, supervisory control and data acquisition (SCADA), and substation design.
He earned a Master of Engineering degree in Electrical Power Engineering from Rensselaer Polytechnic Institute in Troy, New York, and a Bachelor of Engineering degree in Electrical Engineering from Clarkson University in Potsdam, New York.
- The Direction of Travel for Clean Energy Market Design
- Regional Roundtables: Opportunities Across US Power Markets
2023-11-08 12:00 Room Two