Michael DeSocio has been involved in the design and operation of wholesale electricity markets at the New York Independent System Operator (NYISO) for over 20 years. His tenure at the NYISO includes work in Market Operations, Market Design, Information Technology and Project Management.
Mr. DeSocio is currently responsible for the evolution of the NYISO wholesale electricity markets, improving market signals and incentives for attracting and retaining resources that support New York’s grid reliability needs and policy objectives. He also oversees the NYISO’s efforts with integrating emerging resource technologies, including storage, DER and hybrid resources, into New York’s wholesale markets.
Mr. DeSocio has led a diverse array of projects at the NYISO, including landmark changes to the NYISO’s capacity accreditation rules, improvements to energy market shortage pricing outcomes, enhancing interregional trade, and designing New York’s comprehensive day ahead and real-time energy markets.
Previously, Mr. DeSocio worked at Central Hudson Gas & Electric.
He earned a Master of Engineering degree in Electrical Power Engineering from Rensselaer Polytechnic Institute in Troy, New York and a Bachelor of Engineering degree in Electrical Engineering from Clarkson University in Potsdam, New York.