Spring 2008 UMASS
Amherst Operations Research / Management Science Seminar Series |
Date: Friday, April 11, 2008 Time: 11:00 AM Location: Isenberg School of Management, Room 112 |
Speaker: Dr. Vamsi
Chadalavada ISO - New England Holyoke, MA |
Biography: Dr. Vamsi Chadalavada serves as
senior vice president, Market and System Solutions, and has more than a
decade of experience in the energy industry. Before joining ISO New
England in 2004, Dr. Chadalavada held a number of positions at Siemens
Power Transmission and Distribution, most recently as vice president
and general manager of Siemens' Energy Management and Information
Systems (EMIS). In that position, he was responsible for operations,
research and development, business development and marketing Siemens'
EMIS in North America and select regions of Europe, Asia and South
America. |
TITLE: Overview of New England's Power System and Markets |
Abstract: ISO New England is the
independent organization responsible for overseeing the restructured,
or deregulated, wholesale electricity industry in the states of
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and
Vermont. ISO-NE meets this obligation in three ways: by ensuring
the day-to-day reliable operation of New England's bulk power
generation and transmission system; by overseeing and ensuring the fair
administration of the region's wholesale electricity markets; and by
managing a comprehensive, regional planning processes. As the administrator for the region's wholesale electricity markets, ISO-NE acts as an electronic auction house for buying and selling electricity at the wholesale level. With a total market value in excess of $10 billion in energy transactions annually, the competitive markets determine the wholesale price of electricity for all of New England. This responsibility, in conjunction with operating the bulk power system and planning for future expansion of the system, helps ISO-NE to keep the lights on every minute of the day, every day of the year. |
This series is organized by the
UMASS Amherst INFORMS Student Chapter. Support for this series is
provided by the Isenberg School of Management, the Department of
Finance and Operations Management, INFORMS, and the John F. Smith
Memorial Fund. For questions, please contact the INFORMS Student Chapter Speaker Series Coordinator, Ms. Trisha Woolley, twoolley@som.umass.edu |