Virtual Forum - August 16, 2023

"2022 IMM State of the Market Report"

In addition to the lingering effects of Winter Storm Uri across all ERCOT markets, 2022 presented its own unique set of challenges. These challenges included significant load growth and continuing conservative operations by ERCOT. The IMM's State of the Market report includes details of these market outcomes, including changes to the markets implemented in 2022, makes recommendations to improve the efficiency of the market, and discusses the changing grid and future needs of the market. ERCOT IMM Director Carrie Bivens will give an overview of that report.

Carrie Bivens is VP at Potomac Economics and serves as the Independent Market Monitor (IMM) Director for the ERCOT region. The IMM is responsible for detecting and preventing market manipulation strategies as well as identifying potential design improvements for the ERCOT wholesale market. Prior to joining Potomac Economics in 2020, Ms. Bivens worked at ERCOT, Inc., for over 13 years, most recently as Director of Wholesale Operations.  She started her career at the Federal Energy Regulatory Commission, and earned a B.B.A. in Operations Management from the University of Houston.
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