Electric power systems are undergoing major transformation. Organized electricity markets may play a key role on these systems of the future and achieving a system that can meet climate goals while still maintaining our everlasting goals of affordability and reliability.
Linked below is a summary of conversations from a workshop on electricity markets under deep decarbonization held from February 28 to March 1, 2023, in Washington, DC. Sponsors were the Energy Systems Integration Group, Electric Power Research Institute, Argonne National Laboratory, National Renewable Energy Laboratory, Lawrence Berkeley National Laboratory, Johns Hopkins University, and the Department of Energy. The workshop convened a set of experts to listen and debate the existing market designs and their effectiveness, solutions that have been explored and their effectiveness, and the possible actions necessary to bridge remaining gaps.