Overview of Electricity Market Operation (In-person hybrid IEEE PES presentation)

#Electricity #market #wholesale #PJM #renewable
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Abstract:
Electricity markets are functioning around the world.  This talk will cover fundamentals of wholesale electricity market operation, focusing on integrated power system and electricity market operation, using PJM market as an example.  Hot topics, such as uncertainty, renewable challenges, and extreme weather operation, will also be discussed.



  Date and Time

  Location

  Hosts

  Registration



  • Date: 24 Apr 2025
  • Time: 07:00 PM UTC to 10:00 PM UTC
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  • 1639 Church Road
  • Allentown (South Whitehall), Pennsylvania
  • United States 18104-9342
  • Building: PPL_EU Walbert Training Center Main Entrance
  • Room Number: Note back into parking space: First-move-forward

  • Contact Event Host
  • Gary Smullin, Lehigh Valley Chapter Chair

  • Starts 16 March 2025 09:00 PM UTC
  • Ends 23 April 2025 03:59 AM UTC
  • No Admission Charge


  Speakers

Hong Chen

Biography:

Dr. Hong Chen is a Principal Engineer at PJM. She is a well-known practitioner on electricity market and power grid operation risk mitigation. In the past two decades, she led the development of many power grid control room applications that have achieved billions of dollars’ savings in energy markets. Following her passion for technology innovation, Dr. Chen also serves as an industry advisor for many R&D projects at National Science Foundation, Department of Energy, and Power Systems Engineering Research Center. 

Dr. Chen, an IEEE Fellow, has been actively leading IEEE PES Technical Activities at various capacity for the past decades as Chair of Task Forces and Technical Committee, and the Technical Council. During her tenure as Vice President of Technical Activities at the PES from 2022 to 2023, she oversaw all 21 Technical Committees’ activities in Power and Energy Society and provided guidance on PES General Meeting technical programs. She has been leading PES Technical Roadmap Task Force and published “IEEE Power and Energy Technology Assessment and Roadmap” in July 2024. Dr. Chen received 2024 IEEE PES Wanda Reder Pioneer in Power Award, “For contributions in leading strategic technology development in PES and power grid operation.” 

She obtained her Bachelor degree in 1992 and Master degree in 1995, from Southeast University in China, and her Ph.D. degree in 2002 from University of Waterloo in Canada. Prior to joining PJM in 2007, she worked at ISO New England as Principal Analyst in Market Design and at NARI on EMS applications. 





Agenda

Thursday, April 24th, 2025;   Everyone Welcome; no fees.

Pre-Registration Absolutely Required for In-person or Virtual.

Photo ID for In-Person: Attendance limited: if full, email host for waiting list.
Virtual (Webex): Attendance limited: if full, email host for waiting list.

Current IEEE Members' Early Registration - two-week period begins March 16th 5 PM.
Non-members may not register until March 30th 5PM regardless of earlier attempts with system auto-confirmations.
Registration closes for all Tuesday, April 22nd 11:59 PM Eastern.

No last-minute registrations.

If you are registered and a personal emergency arises, sending a cancellation email to the host would be appreciated to accommodate those on waiting lists.

Schedule & Facility Access:
* Admission: door attendant arrives at 2:45 PM.  30-minutes of networking has been scheduled from 3:00 to 3:30.
* Presentation starts promptly at 3:30 PM Eastern.
* Door attendant not guaranteed after 3:35 PM; doors are always locked; no lobby receptionist; no phone.
* Pizza-break midway is included at no charge.
* Presentation continues through 6:00 PM.  Gates will close shortly therafter.

Double-check your e-mail address as you enter it.  This will be our only method of communication and may be used for slides if available, program changes, or cancellation messages.

Certificate for 2.0 PDH will be available only upon advance request by 4/22/2025.  IEEE current membership is required for a PDH certificate.  You must include your IEEE membership number with your request.