Texas PUC Names New Independent Market Monitor

The Public Utility Commission of Texas announced that Carrie Bivens has been named Independent Market Monitor (IMM) Director for the ERCOT marketplace.

Potomac Economics was recently awarded the IMM contract at the completion of a required competitive bidding process.

Prior to joining Potomac Economics, Bivens worked at ERCOT for over 13 years, most recently as Director of Wholesale Operations, overseeing the day-ahead market, the congestion revenue rights auctions, and demand integration (load resources, distributed generation resources, and emergency response service). During this time, she also served as a subject matter expert in the ERCOT stakeholder process as the nodal market has evolved over the past 9 years.

Previously, she worked for the Federal Energy Regulatory Commission evaluating market-based rate filings and conducting market power analyses.

"We are honored to continue serving the State of Texas and ERCOT in this critical role and are excited to add an expert of Carrie's caliber to lead the IMM team in Texas," said Dr. David Patton, president of Potomac Economics. "As the energy-only market in Texas continues to bring the benefits of robust competition to Texas’ consumers and market participants, we will continue to monitor closely to ensure it functions efficiently and competitively."