Atlantic Economics provides consulting services for operators of competitive electricity markets and participants in those markets.  Some of the  services that Mike Cadwalader has provided in the past include:

• Development of proposals for auctioning financial transmission rights, awarding FTRs to developers of transmission expansions, and allocating revenues from the sale of FTRs among transmission owners.
• Development of proposals to ensure consistency between prices of energy and pricing of ancillary services, and to ensure appropriate pricing when there are shortages.
• Analysis of proposals to monitor and mitigate the exercise of market power in energy, ancillary services and installed capacity markets.
• Detailed review of installed capacity demand curves.
• Ensuring that guarantee payments made to market participantswhose market revenues are not sufficient to cover their as-bid costs are calculated appropriately, provide the proper incentives, and are not subject to gaming.
• Analysis of procedures for calculating prices in real-time markets to maximize consistency between prices and real-time dispatch instructions.
• Assessment of various proposals for developing a day-ahead market (or alternatively, an enhanced day-ahead commitment procedure) and an installed capacity market in Ontario.
• Detailed review of the initial proposal to purchase full-requirements service for electricity customers in New Jersey through an auction, including modifications to the rules for that auction.
• Analysis of a proposal by the Federal Energy Regulatory Commission to pay locational marginal prices to all demand response providers who reduce their consumption, and the implications for economic efficiency of such a proposal,
• Review of the bids submitted into an auction of financial transmission rights to assess whether the outcome was consistent with competitive market behavior.
• Estimation of the financial consequences for a utility if the purchaser of transmission service under a long-term contract with that utility exercised its option to terminate that contract.
• Estimation of the effect of the loss of liquidity in electricity markets on the value of positions held by an energy marketer.