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In doing so, wholesale markets shield fossil resources from clean energy policies, render them indifferent to the price signals sent by competitive energy markets, and prevent new entrants, especially carbon-free resources, from being compensated even when they provide significant reliability benefits. More specifically, we have diagnosed the challenges as ones of (1) severed jurisdiction and … Continue Reading

In the interactive map shown, we see this share across the world. When people quote a high number for the share of low-carbon energy in the electricity mix, we need to be aware that electricity is only part of the energy equation. However, the majority is still generated from fossil fuels, predominantly coal and gas. … Continue Reading