Global Energy Transformation Guide: Market Structures

The document argues that market innovation is critical for the energy transition, as evolving market parameters help systems accommodate higher levels of variable and distributed energy resources while maintaining reliability and affordability. It notes that maturing markets are currently improving the economics of renewables and putting pressure on coal economics. The guide provides global trends, case studies, and analysis of how market structures can advance seven key outcomes for global energy transformation.

• Electricity market designs—including wholesale, retail, and local markets—influence the procurement and utilization of resources by system operators and can create efficient pricing for energy, capacity, and ancillary grid services.
• Current market maturation is facilitating investment in grid infrastructure and generation, which enhances the economic viability of renewables while negatively impacting the economics of coal.
• Market parameters are being adjusted to ensure electricity affordability and reliability as energy systems integrate increased amounts of distributed and variable energy resources.

APA

RMI (2022). Global Energy Transformation Guide: Market Structures. https://rmi.org/resources/global-energy-transformation-guide-market-structures/

Chicago

RMI. Global Energy Transformation Guide: Market Structures. 2022. https://rmi.org/resources/global-energy-transformation-guide-market-structures/.

Wikipedia

{{cite report |author=RMI |title=Global Energy Transformation Guide: Market Structures |date=3 November 2022 |url=https://rmi.org/resources/global-energy-transformation-guide-market-structures/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2022global, author = {{RMI}}, title = {{Global Energy Transformation Guide: Market Structures}}, institution = {RMI}, year = {2022}, month = nov, url = {https://rmi.org/resources/global-energy-transformation-guide-market-structures/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }