The MSA is a public agency that protects and promotes the fair, efficient, and openly competitive operation of Alberta's electricity and retail natural gas markets. The MSA monitors the performance of Alberta's electricity and natural gas markets to ensure that market participants comply with all applicable electricity and natural gas legislation, the Alberta Reliability Standards, and the Independent System Operator's rules.
We make sure Alberta's wholesale electricity markets operate fairly and efficiently and are openly competitive. This is done by enforcing the Electric Utilities Act and Fair, Efficient and Open Competition Regulation, and other legislation and regulations.
When the Independent System Operator's rules or reliability standards are violated, we may issue penalties or request a hearing or other proceeding before the Alberta Utilities Commission to get an administrative penalty or other relief. You can find summaries of our work in this area in our annual Compliance Reports.
We use ongoing surveillance to assess whether:
- competition is fair and open;
- market outcomes are efficient; and
- Independent System Operator's rules and practices support the electricity market's fair, efficient, and competitive operation.
The MSA may also challenge new or existing Independent System Operator's rules if they may have an adverse effect on the market's structure and performance.
Leadership team
Derek E. H. Olmstead
Administrator & Chief Executive OfficerAs Administrator and Chief Executive Officer, Derek is responsible for planning, operations, and decision-making at the Market Surveillance Administrator (MSA), including conducting surveillance on all aspects of Alberta’s electricity market and enforcing compliance with all legislation, regulations, market rules, and reliability standards that are applicable in the market. Before his current position, Derek was Director, Enforcement and Principal Economist at the MSA, Economic Advisor at the Alberta Electric System Operator, Assistant Director at the Australian Energy Regulator / Australian Competition and Consumer Commission, and Analyst at Ontario’s Independent Electricity System Operator.
Derek holds a Ph.D. in Economics and is an adjunct assistant professor in the Department of Economics at the University of Calgary and an adjunct research professor in the Department of Economics at Carleton University. He has conducted extensive research in energy and environmental economics, industrial organization, and applied econometrics. This research focuses on both the competitive and regulated aspects of electricity markets in Australia, Canada, Europe, and the United States. His research has been published in the Canadian Journal of Economics, The Energy Journal, Energy Economics, Energy Policy, and The Electricity Journal.
Andrew Wilkins
Executive Director, Market AssessmentAs Executive Director, Market Assessment, Andrew leads the MSA’s work conducting economic assessments of the structure, performance, and efficiency of Alberta’s electricity market. Before his current position, Andrew directed the MSA’s enforcement of ISO rules and Alberta Reliability Standards. He has previously held other leadership roles at the Alberta Electric System Operator and the MSA, as well as research roles at the University of Calgary’s Haskayne School of Business and School of Public Policy.
Andrew holds an M.A. in Economics, and since 2012, he has instructed a variety of economics courses at the University of Calgary. Andrew conducts economic research relating to energy and environmental economics, industrial organization, and public policy.
Daniel B.R. Johnson
General Counsel & Corporate SecretaryAs General Counsel and Corporate Secretary, Daniel leads the legal group at the MSA, provides legal advice on all aspects of the MSA’s work, and represents the MSA in matters before the Alberta Utilities Commission and the Courts.
Daniel holds a Juris Doctor and was called to the Bar of Alberta in 2012. He began his legal career as a law clerk at the Federal Court. Before joining the MSA, Daniel practiced law in the disputes group at a national law firm as an Associate, Senior Associate, and Partner. Daniel’s work in private practice included tariff and facility matters in the electricity and energy industry and complex commercial litigation related to product liability, securities, and franchising.
Nancy Bishay
Executive Director, External Engagement and Corporate ServicesNancy has spent over two decades helping people shape and share their stories across government, politics, business, and the not-for-profit world. With a background in corporate governance, strategic planning, and communications, she has held senior roles in both the Federal and Provincial government. As Executive Director, External Engagement and Corporate Services at the MSA, Nancy leads stakeholder relations, strategic initiatives, and corporate operations. Her work focuses on corporate strategy, fostering dialogue, and strengthening connections across the electricity sector.
Mike Morganton
Executive Director, EnforcementAs Executive Director, Enforcement, Mike leads the MSA’s enforcement of all legislation, regulations, market rules, and reliability standards that are applicable in the Alberta electricity market based on self-reports, referrals, complaints, and MSA investigations. Mike is the lead point of contact for electricity market participants and the Alberta Electric System Operator on enforcement matters.
Mike previously held leadership roles at Alberta Treasury Branches (ATB), Devon Energy Canada, and Bell Canada, as well as analyst and regulatory roles at BHE Canada and WestJet. Mike holds an M.Sc. in Decision Science.
Need to reach us?
Get in touch with the MSA members or send a request.
Careers at MSA
We’re a small group with a wide-ranging set of skills needed to address the industry’s complex issues. Follow us on LinkedIn for current opportunities and student internships.