New England Electricity Restructuring Insights
Explore the successes and failures in New England's electricity restructuring efforts, along with proposed next steps for addressing identified shortcomings. Key topics covered include market design, reliability, renewable energy, carbon pricing, and more.
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Presentation Transcript
150thNE Electricity Restructuring Roundtable: Summary Panel 1 May 18, 2016
New England Electricity Related Successes Hogan Tierney Fox-Penner Cowart Howe Overall Wholesale Market Design X Spot Market Design/LMPs X X X Scarcity Pricing X Capacity Market Evolution X Demand Response X X Independent System Operator & Market Monitor X Reliability X X X Electricity Policies Based on Market Principles X RGGI X X Energy Efficiency Environmental Improvement/ Cleaner Generation (Natural Gas & Renewables) X X X X X Affordable Electricity (Bills) X X Cape Wind (cancellation) X
New England Electricity Related Failures/Short-Comings/Disappointments Hogan Tierney Fox-Penner Cowart Howe Capacity Markets X X X Transmission Optimization/Cost Allocation X X X Lack of Carbon Pricing X X X Siting of Renewables X Inconsistent Policies X Politicizing Energy Issues X Gas-Fired Generation (future) X Premature Nuclear Retirements X Clean Energy Supports X Out-of-Market Uplifts X Retail Competition/Services X
New England Electricity Next Steps Hogan Tierney Fox-Penner Cowart Howe Address Shortcomings We Identified X X X X X Green Energy Agenda Meaningful Carbon Pricing Electrification Energy Efficiency First Utility Scale Renewables & DERs X X X X X X X X X Utility/Prosumer of the Future X X Intelligent/Responsive Load X X Rate Design for Renewable World X Getting Beyond Natrual Gas Maintain NG Capacity (backstop renewables) X X Wholesale Market Reforms X Maintain Market Discipline X Renewable Siting Reform X
