The purpose of the third edition of the series of ERRA webinars on Energy Market Surveillance is to present two important areas related to market surveillance, namely sanctioning and procedural measures. During the first part of the webinar, representatives of the Federal Energy Regulatory Commission of the U.S. will present powers of regulators and sanctioning under U.S. laws while the speaker of the European Union Agency for the Cooperation of Energy Regulators will present issues related to market surveillance under REMIT. Consequently, the second part of the program will be devoted to case studies illustrating various abusive practices in energy markets.
Mariusz Swora, dr hab., Attorney At Law, is a full member of the Board of Appeal at the EU Agency for the Cooperation of Energy Regulators (ACER). He holds PhD in law and habilitation titles. For several years he was a senior lecturer at law department of Adam Mickiewicz University in Poznan and associate professor at the law department of Jagiellonian University in Krakow. Mariusz Swora is an international expert in energy law and has authored over 140 publications in this area (including problems related to the energy market regulation and regulators, smart metering, e-mobility infrastructure in the Clean Energy Package, commentary to Energy Law).
He was the President of Energy Regulatory Office in Warsaw (2007-2010). During his term of office as the vice chairman of ERRA, he represented the organization at the G8 meeting in Rome (2009). Together with dr Gabor Szörényi, he initiated studies on intersection of innovation and energy regulation at ERRA (presented during ERRA Energy Regulatory Innovation Day, Poznan 2015).
Running his Law Office, Mr Swora advises on a daily basis public institutions and private entities (like operators, traders and generators in electricity, gas & oil, district heating) in the area of energy law and regulation, competition law and new technologies. Mariusz Swora is an author of draft laws (both national and EU), contracts, reports and legal opinions for the European Commission as a member of consortium Spark Legal Network/VVA (national expert in a project related to risk preparedness), the World Bank (regulatory expert in a project examining legal aspects of Home Area Network), professional associations (e.g. DSR for industrial customers, implementation of REDII in district heating, implementation of Clean Energy Package – together with EY) and public institutions, including Parliament and Ministry of Energy (now Ministry of Climate and Environment). He was a member of advisory council at A.T. Kearney in Poland (2015). Between 2017-2018, he was the chairman of steering committee of a sectoral program for energy at the National Centre for Research and Development.
Winner of the ERRA Energy Regulatory Research Award 2014 (study devoted to the obligation to exchange electricity), recognized also for outstanding leadership of ERRA (2020). Laureate of the Laurel of Merit for the Polish Industry (2016).
Jay Matson has been a Branch Chief in the Office of Enforcement, Division of Investigations at the Federal Energy Regulatory Commission since 2015. In that role, he manages teams of lawyers and other professionals that investigate alleged instances of non-compliance with federal statutes, regulations, tariff provisions, and other FERC-related requirements. Prior to becoming Branch Chief, Jay served as the lead attorney for DOI on several matters, including the negotiation of an $8.1 million settlement with Louis Dreyfus Energy Services and one of its traders to resolve claims of market manipulation. Before joining FERC, Jay spent 20 years in the private sector at various law firms, advising and representing clients on a broad array of energy and public utility issues. Jay received his J.D. from George Washington University and his A.B. from Dartmouth College.
Mr. Vizintin is a Team Leader of Surveillance Team I in Market Surveillance and Conduct Department at the European Agency for Cooperation of Energy Regulators (ACER). With 15 years of experience in the EU energy markets Mr. Vizintin joined ACER in 2014 where he is responsible for surveillance activities of EU wholesale energy markets spanning over 27 jurisdictions and over 80 trading venues. REMIT regulation gives ACER the mandate to centrally collect and monitor trading data and notify National Regulatory Authorities of potential market manipulation and insider trading. Mr. Vizintin was instrumental in the implementation of ACERs trade surveillance system that is in continuous operation since 2017. Mr. Vizintin is striving to improve ACERs surveillance coverage by leading the development and enhancement of detection methodologies in order to cope with the ever-changing market landscape. Mr. Vizintin is a strong supporter of ACERs goal to ensure fair and transparent EU wholesale energy market for the benefit of the EU consumer.
Jeremy Medovoy joined the Federal Energy Regulatory Commission in 2009 as an attorney in the Office of Enforcement, Division of Investigations (DOI), and currently serves as the Deputy Director of DOI. He also has served as a branch chief in DOI. Jeremy oversees and conducts investigations into potential violations of the statutes, rules, and regulations administered by the Commission. He has extensive experience conducting investigations concerning market manipulation, reliability, and tariff violations. He has also served as the Commission’s advisory staff on multiple Order to Show Cause proceedings concerning market manipulation, and served as the Commission’s Rule 30(b)(6) witness in FERC v. Silkman, a litigated matter in the United States District Court for the District of Maine. Before joining FERC, Jeremy practiced law at McDermott Will & Emery LLP where he represented clients in complex commercial litigation and government investigations. Jeremy was also a law clerk to Judge Brook Hedge of the Superior Court of the District of Columbia. He graduated from The George Washington University Law School and the University of California, Davis.
Nathan is the Head of the Market Intelligence and Oversight at Ofgem. Nathan and his team are responsible for promoting and protecting the integrity and transparency of wholesale electricity and gas markets in GB. He joined Ofgem in 2013 initially negotiating European Network Codes, and then moving onto energy system transition issues as Head of Flexibility and Whole System Coordination. Before Ofgem Nathan worked at various EDF Group companies for eight years in London and Paris. His last role was trading UK power at EDF Trading.
Nathan has an MSc in Environmental Technology from Imperial College.
Danielle Mechling has been a staff attorney in the Office of Enforcement, Divisions of Investigations at the Federal Energy Regulatory Commission since 2016. In her current role, she leads investigations into fraud and other potentially unlawful conduct in FERC jurisdictional markets. Prior to joining FERC, Danielle worked in the private sector at law firms in Washington, D.C. and Pennsylvania, where her practice included representing energy companies in a range of litigation matters, and conducting internal investigations and compliance reviews for multinational corporations. Danielle received her J.D. from the University of Pennsylvania and her B.A. in International Relations from New York University.
Head of Market Monitoring division at the Public Utilities Commission since 2019. In the focus of the team are both electricity and gas markets on both wholesale and retail levels. It includes market surveillance on REMIT regulation requirements and national legislation, assessment of certification and independence requirements of system operators (as part of unbundling), providing opinion on new legislation proposals, reviewing user complaints, educating, and empowering energy users. Prior to that Jānis served as senior tariff expert at PUC, the job was related to assessment of draft tariffs and amending tariff methodologies (tariff structure was changed). Before joining PUC, Jānis had short but valuable experience at distribution system operator serving as economist in Capital Investment Department. Jānis received his MBA from Vidzeme University of Applied Sciences.
Katie Walsh has been a Branch Chief in the Office of Enforcement, Division of Investigations at the Federal Energy Regulatory Commission since 2020, and at the Commission since 2016. As branch chief Katie supervises investigations of alleged non-compliance with federal statutes, regulations, tariff provisions and other requirements. As an attorney-advisor, Katie served as the lead attorney on several natural gas pipeline investigations and litigation matters. Prior to her time at the Commission, Katie spent nearly 8 years at the Department of Justice, Tax Division as a civil litigator. Katie received her J.D. from Catholic University and her A.B. from Duke University.
ERRA is grateful for the support by the Hungarian Energy and Public Utility Regulatory Authority that made this webinar available for the public.