Why is a deregulated state like Illinois suddenly embracing central planning? In this episode, I talk with Kady McFadden and John Delurey about the state’s decision to empower its utility commission to directly procure clean energy. We discuss why capacity markets are too slow for the current environment and their strategy of aggressively framing renewables and storage not just as green, but as the only “fast and cheap” way to protect ratepayers from price spikes.
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