This brief highlights lessons from Colorado’s experience leveling the playing field to ensure competitive bid results in the state are achievable as part of the financial transition away from uneconomic coal generation.
Utility Monopsony Regulation: What’s Behind Low-Cost Wind And Solar Bids In Colorado?
Utilities can be regulated to address their monopsony market power so that competitive solicitations result in many bidders and low prices for generation projects, creating benefits for consumers and utility shareholders.