The California ISO—or CAISO—is the only independent grid operator in the western United States and manages the flow of electricity for the grid that serves 80 percent of California and part of Nevada. Its competitive wholesale electric marketplace has been described as a hybrid of the New York Stock Exchange and NASA’s mission control, employing advanced technologies to monitor the grid to ensure that power reaches more than 30 million consumers when they need it.
Read MoreToday’s Competitive Electricity Markets Are a Strong Foundation for Tomorrow’s Grid
The latest report from Energy + Environmental Economics (E3), with partial funding and support from EPSA, is an important addition to the conversation and affirms several core EPSA principles: Wholesale electricity markets and competition bring tremendous value to consumers and the grid – and must be allowed to do so. to help deliver a sustainable, least cost energy transition.
Read MoreCompetitive Electricity Market Spotlight: ISO New England
Regional markets such as those operated by ISO-NE spur innovation by driving efficiency through competition among suppliers, which in turn spurs clean energy technology innovation and reduces greenhouse gas emissions. By cultivating a technology-and fuel-neutral marketplace, all resources—whether renewables, natural gas, nuclear, or others, can thrive.
Read MorePoll: Americans See Competitive Electricity Markets as Key to Reliable, Affordable, Cleaner Energy
A recent Morning Consult survey of likely voters found that a majority of Americans said reliability and affordability are top concerns when it comes to the U.S. energy landscape.
Read MoreCompetitive Electricity Markets Spotlight: New York ISO
By cultivating an environment in which all resources can thrive, NYISO is a leader for progress, encouraging the development and integration of new, lower emission and increasingly efficient resources and facilitating the transition away from older, less efficient generation resources.
Read MoreEconomy-wide Carbon Price: The Least-Cost Path to Reduce Carbon Emissions
Achieving a lower-carbon economy requires effective, efficient solutions that do not unduly burden consumers or impede the reliability of our power grid, while allowing for continued competition and innovation. When it comes to decarbonizing the power sector, policies that focus on reducing emissions while ensuring reliable and least-cost solutions will yield the most effective results […]
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