Vincent Musco provides expertise in electric industry policy, market design, market monitoring, and market operations. He has served as an expert witness and provided expert testimony on a variety of energy market and ISO/RTO issues, such as pricing in organized electricity markets, the economics of fuel and power purchases by utilities, and FERC open access transmission issues. Mr. Musco has consulted on issues related to market design and operations, economic, antitrust, environmental, and regulatory policy across North America (including in Hawaii, Illinois, Maine, Maryland, Mississippi, New Jersey, Ohio, Oklahoma, Oregon, and Texas), Alberta, Quebec, Nova Scotia, and Puerto Rico, as well as for FERC and NERC.
MS, Economics, American University
BS, Economics (with distinction), James Madison University
- Directed report on Southwest Power Pool’s Integrated Marketplace design and performed analysis on SPP’s day-ahead market design, including resource adequacy issues, financial transmission rights, virtual bidding, creditworthiness requirements, settlements, and market monitoring.
- On behalf of the Mississippi Public Service Commission, provided direct testimony and a recommendation on the results of the Independent Auditor’s Report on the Annual Management Review Audit of Entergy Mississippi, Inc.
- Consulted for SPP’s Board of Directors on a variety of issues, including demand response, distributed generation, bid cost recovery and resettlements, transmission cost allocation, retail electricity pricing, and compliance matters such as FERC’s Order No. 1000 and Dodd-Frank legislation.
- Led a reliability audit of a major US utility on behalf of FERC and the North American Electric Reliability Corporation.
- Consulted on behalf of the Texas Public Utilities Commission in analyzing a proposed acquisition of a major utility.
- On behalf of Capital Power Corporation, TransCanada Energy Ltd., and TransAlta Corporation provided direct evidence and oral testimony concerning Milner Power Inc.’s Transmission Loss Factor Rule and Loss Factor Methodology Complaint. (Alberta Utilities Commission, Application No. 1606494)
- Designed and executed open seasons and open solicitations for private merchant transmission developers that meet FERC’s open access and competitive requirements.
- Evaluated competitive offers to build new geothermal resources in Hawaii, providing written reports to the Hawaii Public Utilities Commission.
- Worked on US market rule and market design issues related to energy, capacity, ancillary services, demand response, financial transmission rights, virtual bidding, and scarcity pricing in most of the major US ISO and RTO markets.
- Monitored energy procurement for the Illinois Commerce Commission and submitted reports of the Procurement Monitor for Ameren Illinois Company, Commonwealth Edison Company, and MidAmerican Energy Company. Covered Zero Emission Credits, Renewable Energy Credits from Wind and Solar Resources, and Zonal Resource Credits.
- For the Oregon Public Utility Commission, presented Independent Evaluator's assessment and Final Report on Pacificorp's 2017R Request for Proposals.
- For the Public Utilities Commission of Ohio, submitted reports of the Commission's Consultant regarding Dayton Power and Light, Duke Energy, and FirstEnergy's Standard Service Offer Auctions.
- For the Governor's Office of Energy Independence and Security for the State of Maine, reviewed Terms and Conditions for Long-Term Contracts for Renewable Ocean Energy.
- Directing audit of Nova Scotia Power, Inc.'s fuel and electric power purchases and sales on behalf of the Nova Scotia Utility and Review Board.
- Consulting on behalf of a confidential market participant regarding capacity market design in Alberta.