Gordon van Welie

ISO New England

President & Chief Executive Officer

Gordon van Welie, President and CEO of ISO New England, oversees New England’s 32,000 megawatt bulk power system, the multi-billion dollar wholesale electricity marketplace, and a robust system planning process designed to ensure the region’s long-term electricity needs. He has been the president and CEO since 2001. New England’s resources are undergoing a dramatic transformation from oil, coal, and nuclear generation to natural gas, renewable energy, and distributed resources. Gordon has led a strategic initiative to keep system reliability intact and wholesale markets competitive while this shift occurs. Before ISO New England, Gordon was Vice President and General Manager of Power System Control for Siemens. Earlier in his career, he worked in various roles with the South African utility, Eskom. Gordon is a member of the National Academy of Engineering, and industry groups including the Executive Committee of the U. S. National Committee of CIGRE, the Member Representatives Committee of the North American Electric Reliability Corporation (NERC), the ISO/RTO Council, and the IEEE Power & Engineering Society. Gordon holds a Bachelor of Science degree in Electrical Engineering and an MBA from University of Witwatersrand in South Africa. 

SESSIONS WITH Gordon van Welie

Thursday, 4 March

  • 10:55am - 11:25am (CST) / 04/mar/2021 04:55 pm - 04/mar/2021 05:25 pm

    Plenary

    Keeping the Lights On: Designing future power markets

    Panel Markets/Economics/Strategy Power & Renewables Decarbonization Pathways
    Technology and consumer preferences are reshaping the electric power industry. The declining cost of wind, solar, and energy storage—now competitive with natural gas generation in many markets—bolsters the demand for carbon-free electricity. Individuals, corporations, and governments look to electricity as the central fuel for a future low-carbon world. Power markets must evolve to incorporate this environmental demand alongside the existing tenets of the power industry—least cost and reliable. How will, and can, markets adapt to fulfill all three objectives simultaneously and efficiently? Are there limits to what markets can achieve? What are the implications for energy companies, investors, and customers? What lessons about market design have we already learned?