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.
The impact of offshore wind in meeting coastal and inland load growth in PJM
Load growth driven by data centers, advanced manufacturing, and electrification is putting increasing pressure on the grid, raising both affordability concerns...