The first capacity market auction covering Great Britain’s electricity sector took place in December 2014. Although hailed a success, the auction design likely will evolve as policymakers evaluate whether reliability has been delivered at the least overall cost. In this article, the authors discuss capacity market design, challenges, and the key outcomes from the auction. To read the article, click the link below.
WSJ: Electricity costs expected to keep rising—Jim McMahon weighs in
In a recent The Wall Street Journal publication Jim McMahon, head of the Energy Practice at Charles River Associates, noted: “We’re in a period of general...