Five Questions on Trump’s Coal, Nuke Bailout

Permalink to Five Questions on Trump’s Coal, Nuke Bailout

EI’s Robbie Orvis is quoted on the potential cost implications of DOE’s proposal to coal and nuclear bailout to keep uneconomic plants online.

Trending Topics – ERCOT’s Summer Peak Demand Forecast: New Investment, Generator Profits, No Blackouts

Permalink to Trending Topics – ERCOT’s Summer Peak Demand Forecast: New Investment, Generator Profits, No Blackouts

EI’s Eric Gimon explores low planning reserve margins forecast for ERCOT’s summer peak demand, highlights how people should be interpreting them, what the PRM really means, how to tell if ERCOT is at an acceptable level of capacity risk, and why Texas regulators should stay the course.

Consignment Auctioning of Carbon Allowances in Cap-and-Trade Program Design

Permalink to Consignment Auctioning of Carbon Allowances in Cap-and-Trade Program Design

Carbon pricing is increasingly used to reduce carbon emissions through carbon taxes and cap-and-trade programs, and the most important new development in carbon pricing is China’s national carbon market. This research note discusses how California’s “consignment auctioning” approach to allowance distribution provides an option for Chinese policymakers to introduce auctioning while cushioning economic effects on covered entities through free allocation.