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. 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.
Energy Innovation’s net zero emissions by 2050 illustrative policy package helps put the United States on a pathway to achieve the Paris Agreement goals and abates more than 6 Gt of emissions a year by decarbonizing America’s industrial, transportation, electricity, and buildings sectors.
Energy Innovation has identified the policy pathway to economy-wide U.S. net zero emissions by 2050: This article explores transportation decarbonization.
Energy Innovation has identified the policy pathway to economy-wide U.S. net zero emissions by 2050: This article explores building decarbonization.
EI’s Mike O’Boyle says by continuing to run and build uneconomic fossil fuel plants, Southeast U.S. utilities cost consumers millions and risk billions in stranded assets.
EI’s Sonia Aggarwal outlines how building electrification could add hundreds of millions of thermal batteries to the U.S. grid.
EI’s Amanda Myers says city bans on natural gas mean state regulators must embrace building electrification through smart policy decisions.
EI’s Eric Gimon outlines how smart policy can overcome barriers on the grid to 100% clean energy targets to achieve a paradigm shift in the US power system.
EI’s Mike O’Boyle says cheap clean energy prices make natural gas a risky economic bet for utilities, risking climate change and stranded assets.
EI’s Silvio Marcacci says states targeting 100% clean energy face wholesale electricity markets built around fossil fuels that aren’t designed to handle the influx of clean resources.