Part of NRDC’s 2017 year-end retrospective in hopes of informing changes to come
Many regions of the U.S. have overbuilt and retained too many power plants, which can be detrimental to their owners, consumers, clean alternatives like wind and solar power, and flexible resources like energy storage and demand response (compensating customers for being flexible with their energy use). Reforming the wholesale electricity market rules and administrative requirements can help trim power plant overbuild for a greener, leaner grid. This blog highlights some of the main points discussed in this paper on wholesale electricity markets.
Trends in Wholesale Electricity Market Changes
Looking back at recent controversial wholesale electricity market proposals, a common theme has been to ensure that power plants make enough money given that market