Leigh Tesfatsion (plus five collaborators from Sandia National Laboratories), "Energy and Reserve Procurement Through Linked Forward Markets: Safe Harbor for the Promised Land," Department of Energy (DOE), Washington D.C., 9-1:00pm, September 17, 2012.

In this four-hour talk the presenters proposed a practical and conceptually consistent market design reformulation for U.S. ISO/RTO-managed wholesale electric power market operations. Representatives from the Energy Storage Systems Program (DOE), the Federal Energy Regulatory Commission (DOE), KEMA, PJM, and ISO-NE participated in this meeting. The reported work is supported by a collaborative grant from the DOE to ISU and Sandia National Laboratories for an Ancillary Services Market Design (ASMD) Project. Deung-Yong Heo (ISU Econ PhD student) and Sean Mooney (ISU CS PhD student) are research assistants on the ASMD project, working under the direction of ISU Principal Investigator Leigh Tesfatsion.