What We Work On
Building on peer-to-peer relationships, our team helps energy and air quality regulators and NGOs navigate the complexities of power sector policy, regulation, and markets.Learn More
As Reliable as Your Morning Coffee: Why Do We Go Overboard on Generation Resource Adequacy?
A recent blackout at Michael Hogan’s favorite Key West coffee shop got him thinking about when blackouts happen and why. The most unlikely reason: a shortfall in generation, which can be expected to account for an outage only once in a decade. And as stringent as that standard is, reserve margins go well above and beyond what is needed to ensure it. Is that the wisest use of ratepayers’ resources?
Where We Work
We focus primarily on the world's four largest power markets: China, the European Union, India, and the United States.Learn More
Next-Generation Performance-Based Regulation: Emphasizing Utility Performance to Unleash Power Sector Innovation
Performance-based regulation empowers regulators to reform 100-year-old regulatory structures to unleash innovations within 21st century power systems. A paper by RAP and the National Renewable Energy Laboratory provides successful examples, as well as design considerations and options for crafting performance-based regulations.