Back to OurEnergyLibrary search




Preparing for Decarbonization: Reforming US Power Markets for the Energy Transition

Preparing for Decarbonization: Reforming US Power Markets for the Energy Transition

Full Title: Preparing for Decarbonization: Reforming US Power Markets for the Energy Transition
Author(s): Ben Hertz-Shargel
Publisher(s): Atlantic Council
Publication Date: May 25, 2021
Full Text: Download Resource
Description (excerpt):

Organized power markets today face numerous challenges stemming from policy, regulatory, and commercial pressures. Since 2015, sixteen US states and territories, and more than two hundred cities and counties in the United States, have committed to achieving 100 percent clean energy, through either legislation or executive action, acting on the realization that decarbonization of the electricity sector is critical to achieving global emissions reductions goals. A recent study suggests that it is feasible for 90 percent of US electricity generation to be zero emission by 2035, with 70 percent of power being produced by wind, solar, and batteries during normal demand and generation conditions.

This report makes the following policy recommendations, which will help energy markets resolve these questions in a manner most adaptive to the exigencies of the energy transition.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of OurEnergyPolicy.org, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

Sign up for our Press Release Distribution List

    Your Name (required)

    Your Email (required)

    Please sign me up to receive press releases from OurEnergyPolicy.org.