Electricity Markets Under Deep Decarbonization: Summary of Workshop Conversations

On February 28 and March 1, 2023, experts were convened in Washington, DC, by the Energy Systems Integration Group, Electric Power Research Institute, Argonne National Laboratory, National Renewable Energy Laboratory, Lawrence Berkeley National Laboratory, Johns Hopkins University, and the Department of Energy for a workshop on electricity markets under deep decarbonization. This workshop brought together a set of experts to listen and debate the existing market designs and their effectiveness, solutions that have been explored and their effectiveness, and the possible actions necessary to bridge any remaining gaps. The discussions are the first of what will be many, exploring paths that will allow the markets to continue to play a role in promoting reliability and efficiency as the energy transition proceeds.