The Future of Energy Markets

The Brattle Group found that it was much more common to find a good level of demand response in capacity markets rather than energy markets. I think we're going to get quite a lot of complexity in measuring, and this is inevitable, what demand actually is at any point in time. An important element to getting baselineing right is going to be sub-metering. The Energy Security Board is looking at what the market design will look like after 2025.