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June 25, 2026
12:00PM - 1:00PM EDT

Luncheon | "Revisiting Market Design Decisions Using Machine-Learning Models: Pay-as-Bid vs. Single Market Clearing Price"

Presented by the New England chapter of the USAEE

StoneTurn | Boston, MA

REGISTER

Join the USAEE New England chapter for it's next luncheon event, "Revisiting Market Design Decisions Using Machine-Learning Models: Pay-as-Bid vs. Single Market Clearing Price" on Thursday, June 25, at 12:00 p.m. at StoneTurn on State Street in Boston.

Featured speakers Tanya Bodell, Partner at StoneTurn, and Julia Frayer, Managing Director at London Economics, will co-present.

All are welcome to attend — USAEE membership is not required. Entry fee is $30. This will represent the third 2026 meeting of the reconstituted New England Chapter of USAEE, a professional organization dedicated to advancing energy economics.

Please direct questions to Michael C. Lynch, President, Strategic Energy & Economic Research, Distinguished Fellow, Energy Policy Research Institute.


"Revisiting Market Design Decisions Using Machine-Learning Models: Pay-as-Bid vs. Single Market Clearing Price"

Thursday, June 25 | 12:00 p.m. EDT

StoneTurn
Suite 1710, Large Conference Room
75 State Street
Boston, MA 02109

Entry fee: $30


Tanya Bodell, Partner, leads StoneTurn’s energy and sustainability offerings in business advisory services, regulatory support and expert testimony in large-stakes litigation, levering more than 25 years of experience in energy industry matters and associated environmental impacts. In this role, she helps businesses to achieve net zero and new energy technologies and start-ups commercialize their technologies in an industry with multiple layers of regulatory requirements.

Tanya helps clients to unlock value through informed business decisions that create competitive advantage. She has led a number of strategic and highly quantitative analyses focused on the power sector and the fuels industry, as well as renewables, energy storage, hydrogen and new technologies. Her advice and expert testimony often assesses the costs and benefits of energy transition, identifying optimal ways to allocate scarce resources.

Tanya interacts extensively with executives, corporate boards, and senior management of energy companies, large energy users and government, adding value through development of business strategy, expert insights, and transaction support. She helps clients to perform carbon inventories and develop realistic climate action plans that recognize the current and anticipated state of energy technologies. She has advised on billion-dollar acquisition opportunities and managed billion-dollar energy procurement processes. Tanya often plays a key role in cases arbitrated, mediated, litigated, and heard before regulatory agencies, providing industry context, assessing business damages and lost profits, and directing research and analyses. She couples her quantitative background in economics, finance and statistics with a qualitative understanding of market rules developed while designing and implementing competitive wholesale and retail markets in North America and abroad.


Julia Frayer is a Managing Director specializing in economic analysis and evaluation of infrastructure assets, such as power plants, natural gas-related infrastructure, electricity transmission and distribution systems, and utilities, as well as market design and expert economic advisory services for power markets. She has worked extensively in the US, Canada, Europe, and Asia in valuing electricity generation and wires assets, water and wastewater networks, as well as gas transportation assets, and in advising on market rules, innovative rate design, and institutional best practices.
Julia manages LEI’s quantitative financial and business practice area, and also specializes in market and organizational design issues related to electricity. In addition to electric generation sector market power and antitrust analysis, sample projects include:
As part of these analyses, Julia and the LEI team of economists and consultants have developed and applied proprietary real options based valuation tools, portfolio risk analytics, models of strategic bidding behavior, and sophisticated power system simulation tools, as well as customized econometric models. Julia also leads many of the firm’s regulatory economics projects, spanning such diverse issues as cost-benefit analysis, market power mitigation, tariff ratemaking, auction design (including competitive solicitations for procurement), wholesale market rules design, productivity analysis, and efficiency benchmarking.
 
Prior to joining LEI, Julia was working as an investment banker with Merrill Lynch in New York.

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