Full Title: Market Structures: Global Energy Transformation Guide - Electricity
Author(s): Cara Goldenberg, Ian Welch-Phillips
Publisher(s): Rocky Mountain Institute
Publication Date: November 15, 2022
Full Text: Download Resource
Description (excerpt):
The design and rules of wholesale, retail, and local electricity markets impact which, when, and how resources are purchased, sold, and utilized by system operators. Markets can generate efficient pricing for energy, capacity, and other ancillary grid services. Today, expanding and maturing markets are supporting investment in generation and grid infrastructure, putting new stress on the economics of coal, and improving the economics of renewables. In response, market parameters are evolving to support electricity reliability and affordability as systems accommodate higher levels of variable and distributed energy resources.
Through research and interviews with experts around the globe, RMI has compiled examples and data to describe how power sector leaders are leveraging market structures to make progress on energy transition priorities.