Why Marginal Pricing in Wholesale Electric Markets May Need Reform
What we need is not more accounting tricks to artificially make something cheaper than it is. The “cheap wind and solar” dream is exactly that – a dream. And the intermittent nature of those energy forms makes a mockery of all efforts to bring the price down. people need power when they need it, not when the weather or daytime conditions permit. Balancing this imbalance is expensive and that’s what customers find on their bills. States with extensive conventional generation have it easier, those without harder. Time for each of us to own our respective realities.