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Energy Policy in ERCOT with Caitlin Smith (VP of Policy & Corporate Comms @ Jupiter Power)

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Capacity Market Transformation

The discussion revolves around the proposal for a bilateral capacity market where capacity needs to be contracted in advance rather than pay for performance. The Performance Credit Mechanism is a novel concept suggested, where generators will be rewarded based on their retroactive performance in set performance hours, shifting from the traditional capacity market approach.

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