Independent auction monitor for Southern Company energy auction
Acts as a key member of the Brattle team that was selected by FERC as the Independent Auction Monitor (IAM) for the Southern Company Energy Auction. As part of its mitigation for prospective market power, Southern Company has offered a must-offer, bid-based energy auction for day-ahead and hour-ahead “Into Soco” products for at least three years. The auction began on April 23, 2009. As part of the IAM role, works on (1) verifying Southern’s available capacity offered in the auctions, including inputs into those calculations; (2) verifying auction clearing; (3) preparing reports with the FERC regarding the auction.