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The “Utility Perspective:” Not All Megawatts Are Created Equal

The “Utility Perspective:” Not All Megawatts Are Created Equal

by Tim Sovine | Mar 1, 2017

The “Utility Perspective:” Not All Megawatts Are Created Equal Date Published: March 2017 Authors: Jay Morrison, Paul Breakman, Allison Clements, Lisa Schwartz Eastern RTOs should restore the mandatory capacity markets as residual markets that supplement and do not...
The “Utility Perspective:” Not All Megawatts Are Created Equal

Impact of Market Behavior, Fleet Composition, and Ancillary Services on Revenue Sufficiency

by Tim Sovine | Jun 1, 2016

Impact of Market Behavior, Fleet Composition, and Ancillary Services on Revenue Sufficiency Date Published: June 2016 Authors: Bethany Frew, Giulia Gallo, Gregory Brinkman, Michael Milligan, Kara Clark, Aaron Bloom Revenue insufficiency problem is becoming more worthy...
Electricity Market Design for Generator Revenue Sufficiency with Increased Variable Generation

Electricity Market Design for Generator Revenue Sufficiency with Increased Variable Generation

by Tim Sovine | Dec 1, 2015

Electricity Market Design for Generator Revenue Sufficiency with Increased Variable Generation Date Published: December 2015 Authors: Todd Levin, Audun Botterud This paper models three different market policies for resource adequacy in power systems with increasing...
The “Utility Perspective:” Not All Megawatts Are Created Equal

Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation

by Tim Sovine | Sep 1, 2014

Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation Date Published: September 2014 Authors: Erik Ela, Michael Milligan, Aaron Bloom, Audun Botterud, Aaron Townsend, Todd Levin This report provides a comprehensive review of...
The “Utility Perspective:” Not All Megawatts Are Created Equal

Market Designs for the Primary Frequency Response Ancillary Service

by Tim Sovine | Jan 1, 2014

Market Designs for the Primary Frequency Response Ancillary Service Date Published: January 2014 Authors: Erik Ela, Vahan Gevorgian, Aidan Tuohy, Brendan Kirby, Michael Milligan, Mark O’Malley As emerging technologies are introduced and begin to replace...
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    About Future Power Markets Forum

    Future Power Markets Forum began in May 2020 as a joint project of the Columbia University SIPA Center for Global Energy Policy and Johns Hopkins University Whiting School of Engineering. The Future Power Markets Forum website hosts materials on proposals for electricity market structure and design and a research library of relevant papers. Forum contributors, representing a balanced group of the sector’s practitioners, researchers and regulators, offer commentary on the issues and proposals. The focus of the project is on market designs that maintain system efficiency and reliability with a high penetration of variable generation. 

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