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In the fifth installment of Public Power Underground’s Electric Market Enthusiasm series, an expert panel including Laura Trolese (Senior Market Design & Policy Analyst, The Energy Authority), Carrie Simpson (Director - Western Markets, Xcel Energy), and Jeff Spires (Director - Power, PowerEx) discuss different choices made in market paradigms and how it all makes sense.
Specifically the discussion is framed as a compare and contract episode of different market design choices, but in a fun, infotaining way using professional sports analogies whenever possible. The notes from the analogies are available as a google sheet (← link works).
05:59 - Resource Adequacy is like Roster Management for professional sports leagues
25:24 - Real Time Markets are “the game”
43:34 - Day Ahead Markets are like practice / training / coaching
55:50 - Transitioning from bilateral to centrally dispatched markets make comparisons complex
01:09:23 - Transmission cost recovery is as controversial as who pays for professional sports stadiums
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