Cathy McClay is Head of Future Markets at National Grid SO. In this role she is responsible for delivering the strategy and tools to the electricity control room to balance the system in real time. This includes responsibility for the delivery of the CfD and capacity auctions and the procurement of balancing services from both generation and demand side. Much of this work is on developing the balancing markets to increase participation by removing barriers to entry. Closer to real time her team is responsible for demand forecasting, margin forecasting and trading.
Cathy has over 15 years’ experience in the electricity industry. Prior to joining National Grid she worked for a number of energy companies in the UK, France and the Netherlands, specialising in modelling and analysis for trading, risk management and strategy. She is an engineer with a PhD from St John’s College, Cambridge in the mathematical modelling of induction motors and is a Fellow of the IET.