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Moving Towards Decarbonization: Proposals for RTO and Market Development

Know Power

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Emphasizing the Need for Competitive Procurement in Power Generation

The speaker highlights the importance of having an open and transparent spot market for power exchange, emphasizing the need for efficiency, transparency, and long-term generation investment. They compare initiatives like SEAM, SPP, and MISO, noting the limitations of vertically integrated utilities in fully shifting investment risk to investors. The speaker advocates for competitive procurement in new generation projects to diversify bidders and allocate investment risks effectively, enhancing competition and optimizing capital investment in the power generation sector.

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