PSM Consulting is an engineering consulting firm founded to address the challenges of both making grid operation more reliable and making more effective and competitive electricity markets. We supply expert advise and analysis in both the grid as well as the market design and operations.
It is our mission to provide high-quality and honest solutions that allow our clients to succeed in the dynamic power industry. As consultants, we believe that our success is attributable to our commitment to excellence.
Ricardo J. Galarza, Ph.D.
Dr. Galarza obtained his M.S. and Ph. D. degrees in electric power engineering from Rensselaer Polytechnic Institute in Troy, NY. He has over 15 years of expertise in power system analysis, system operations, market design and operation, and market monitoring and performance evaluation.
After obtaining his B.S. degree, he worked
for an electric utility in Argentina in various capacities.
In 1991, he joined the graduate engineering
program at Rensselaer Polytechnic Institute. His doctoral
dissertation title was: Power System Dynamic Equivalencing:
Advanced Analysis and Improvements.
Dr. Galarza joined Power Technologies, Inc.
in 1997. As a Senior Consultant in the System Planning and
Operations Department, he worked in projects involving transmission
planning, software development, interconnection studies, and
development of courses for power systems analysis. As an instructor
he taught several courses, including: Steady-state Techniques
for Power Systems Analysis, Introduction to Power Systems
Dynamic Simulation, Understating and Improving Reliability
of Large Power Systems, and others.
In late 2000, he joined the Market Monitoring
and Performance Unit of the NYISO where as a Senior Analyst
he was involved in the design of a market simulator software,
conducted numerous market analysis studies, participated in
the implementation of market changes, performed analysis of
market design as it relates to grid operation, monitored the
Transmission Congestion Contract (TCC) market, and developed
a congestion cost allocation method for better understanding
prices and performing congestion analysis.
Dr. Galarza founded PSM
Consulting in 2003. In this capacity, he provides
consulting services in power engineering and the electricity