Original Research on Power Markets
The following papers were written for the Project, to summarize key issues.
By Rachel Golden and Bentham Paulos
California is blazing a path to a low-carbon future through greater use of renewable electricity. But as wind and solar rapidly grow, grid operators are raising concerns about periods of over-generation and the specter of large amounts of curtailment. Curtailment is an easy response, but it is wasteful and undermines the investor confidence needed to transition the California power system. A host of supply-side and demand-side measures can keep curtailment to minimal levels, but policy reforms also are needed to make curtailment a viable tool. This paper appears in the July 2015 issue of Electricity Journal.
December 2014 issue of Electricity Journal.
ased on a presentation to the annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in December 2014.
- Germany and Texas: Energy Twins?, in POWER Magazine.
These two market profiles provide basic facts about the Texas and PJM markets, along with a short summary of recent operational issues and policy debates.
PJM, the regional transmission organization (RTO) from the Mid-Atlantic region to Chicago, has been a world leader on demand response (DR). Demand response has been an integral part of their forward capacity markets since 2007, with greater activity than any other region.