Principal, Market & Infrastructure Policy
Lorenzo Kristov is Principal, Market and Infrastructure Policy at the California Independent System Operator (CAISO). For most of the 2000s he was a lead designer of the locational marginal pricing (LMP) market system the CAISO implemented in 2009. He later led initiatives to redesign the transmission planning and new generator interconnection processes to accommodate rapid growth of renewable energy projects triggered by California’s renewable portfolio standards. Since then he has focused on integrating distributed energy resources into markets, grid operations and planning. He has written articles and given presentations on the electric industry transition, distribution system operator (DSO) models, transmission-distribution interface coordination and electric system decentralization. He participates for CAISO in national forums on electric system evolution and grid architecture, and in California proceedings related to distributed energy resources.
During the industry restructuring of the 1990s he worked at the California Energy Commission in collaboration with the CPUC and stakeholders to develop the rules for retail direct access. In 1993-4 he was a Fulbright Scholar in Indonesia working on a commercial and regulatory framework for direct foreign investment in power generation. He has a B.S. in mathematics from Manhattan College, an M.S. in statistics from North Carolina State University, and a Ph.D. in economics from the University of California at Davis.