12 Feb '18, 1pm

It’s Time to Refine How We Talk About Wholesale Markets https://t.co/Xvp9oE5E03

It’s Time to Refine How We Talk About Wholesale Markets https://t.co/Xvp9oE5E03

Let’s face it, conversations about electricity markets can be ... opaque. The widespread use of jargon creates a steep learning curve for anyone interested in learning about electricity market policy. As a result, existing power plant owners not only shape the policy, they shape the conversation. Three pervasive market terms -- price suppression, capacity payments, and price spikes -- contain hidden biases against good market design and clean energy, and have become accepted into the market vernacular. It’s time to re-examine these terms and reframe the conversation about designing markets for a clean, affordable and reliable electricity future. Price suppression, better known as lower costs Price suppression often refers to renewable energy’s impact on energy market prices. But to understand price suppression’s true meaning and implications, it’s important to understand h...

Full article: https://www.greentechmedia.com/articles/read/its-time-to-...

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