Today is an exciting time to be engaged in evolving the world’s energy systems. With the right supportive environment, adaptive business models could emerge that benefit both incumbents and new entrants. The result could be a safer, cleaner, and more prosperous world for all.
After extended graduate reading and research on modern electricity regulation, markets, and operations, I’ve concluded that there are several tools at our disposal that could accelerate the development of new capabilities in our energy systems. In this paper, I outline ten examples of design options that could significantly enhance and catalyze the transition towards a first-best energy future. [Read more…]