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Journal Article August 1, 2019

“Missing Money” and an Off-Ramp to the Capacity Debate

By Travis Kavulla, Gurcan Gulen

As weather-dependent renewables increase, energy revenues in the wholesale market diminish, even as the need for dispatchable resources remains. Such resources are otherwise compensated by forward capacity markets, but those markets are poorly matched to customers’ real needs and the operational realities of a renewable-heavy world. The solution to these issues...

Power Markets and Reliability, Pricing and Rate Design, Renewable Energy Policies Download View Summary