11min chapter

Public Power Underground cover image

Resource Adequacy, Tail Risk, and Institutional Capability

Public Power Underground

CHAPTER

Evolution and Challenges in the Energy Sector

The chapter delves into the evolution of the energy sector, emphasizing intentional modernization to avoid failure and the importance of investing in transformative infrastructure. It discusses the shift towards liquidity, pooling in markets, and challenges faced by smaller players in the market due to issues like market power and decarbonisation targets.

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