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Dr. Lorenzo Kristov is presently the Principal Market Design Architect in the Policy Office of the California ISO. In this position Dr. Kristov leads multi-disciplinary staff teams in developing changes to ISO market design elements to improve the ISO’s performance of its core functions and enhance the overall efficiency and competitiveness of California’s restructured electricity markets. During 2002 Dr. Kristov was manager of the design phase of the ISO’s Market Design 2002 project, a comprehensive market redesign effort that includes reform of congestion management, creation of integrated forward markets for energy and ancillary services, and adoption of Locational Marginal Pricing (LMP). Prior to joining the ISO, Dr. Kristov was Energy Economist at the California Energy Commission, where he represented the Commission in retail electric restructuring proceedings and working groups at the California Public Utilities Commission. In this position he worked extensively on retail market design issues, including the rules and procedures governing retail competition, revenue cycle services unbundling, settlement data quality, and rules and protocols for processing and exchanging end-use customer meter data. Dr. Kristov received his Ph.D. in Economics from the University of California, Davis, with specialties in international macroeconomics, monetary theory and econometrics.