Market Design for the Clean Energy Transition: Advancing Long-Term Approaches
December 16, 2020 to December 17, 2020
12:00 PM - 3:30 PM
WRI partnered with Resources for the Future to co-host a workshop aimed at advancing proposals for organized long-term electricity market designs.
Rapid expansion of zero- and low-carbon generating capacity requires effective policy frameworks for both vertically integrated utilities and organized (restructured) electricity markets. A vibrant debate has emerged regarding how well existing market designs in the U.S. can enable the investments needed for an affordable, reliable, deeply decarbonized electric grid that relies heavily on generation resources with variable output and zero or very low operating costs; and serves load that could grow rapidly in the decades ahead as electricity plays a pivotal role in decarbonizing other sectors of the economy.