On September 14, 2017, academics, policy makers, representatives of Independent System Operators/Regional Transmission Organizations and other stakeholders engaged in a discussion of the future of electricity markets over the next two decades, with an emphasis on the potential for high penetrations of zero and low marginal cost generation, and various options for organizing wholesale electricity transactions in the face of rapid technological change.
On August 2 in Washington, DC, technical experts, policy makers, and stakeholders joined RFF for a workshop exploring the design, economic, and legal issues associated with a potential carbon adder approach.
On December 19, 2017, the government of China announced that it is commencing development of a nationwide CO2 trading system, that when launched will become the world’s largest carbon trading system, annually covering about 3.5 billion tons of CO2 emissions in China’s electric power sector.
On January 8, the Federal Energy Regulatory Commission rejected the Department of Energy's “grid resiliency pricing” proposal, which would have directed the commission to impose rules to prevent early retirement of coal and nuclear-fired power plants in the Eastern US. In this post and related working paper, RFF visiting fellow Daniel Shawhan and research assistant Paul Picciano simulate how the proposed rule would affect energy markets and social welfare.
On January 18, Resources for the Future hosted the Washington, DC book release of Daniel Raimi’s "The Fracking Debate," part of the Columbia Center on Global Energy Policy series from Columbia University Press.