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European Electricity Infrastructure: Planning, Regulation, and Financing
This report summarizes a workshop hosted by the Climate Policy Initiative (CPI) and the Florence School of Regulation on October 20, 2011. The discussions focused on the planning, regulation, and financing of European electricity transmission infrastructure, specifically in the context of integrating renewable energy and the implementation of the European Commission's proposed Infrastructure Package.
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Document type: Report
Technical Aspects of Nodal Pricing
This workshop report by the Climate Policy Initiative (CPI) examines the technical challenges of implementing nodal pricing in European power markets to facilitate the integration of intermittent renewable energy. It compares the European approach, including the EU Target Model, with the experience of US Independent System Operators (ISOs) and PJM, focusing on the conflicts between market flexibility and system security, the integration of energy and reserve markets, and the use of shadow prices to inform grid investment.
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Document type: Report
International Experiences of Nodal Pricing Implementation
This research paper by the Climate Policy Initiative examines the implementation of nodal pricing in power markets, primarily drawing on experiences from US Independent System Operators (ISOs) and the Iberian power market. It addresses the costs of transition, mechanisms for hedging locational price differences, the role of ISOs in system security, and the integration of variable renewables like wind and hydro power.
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Document type: Research paper
European Smart Power Market Project
This executive summary describes the 'European Smart Power Market Project', which evaluates how current EU power market designs affect the transition to low-carbon energy. The project argues that existing regional and zonal pricing models impede the integration of renewable energy and recommends a transition to nodal or locational marginal pricing (LMP) to optimize transmission capacity and reduce costs.
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Document type: Executive summary
Europe’s Challenge: A Smart Power Market at the Centre of a Smart Grid
This report by the Climate Policy Initiative argues that Europe's current power market designs are insufficient to support the transition to a low-carbon energy system and the goals of a smart grid. It advocates for a transition from zonal pricing and market coupling toward an integrated power market based on locational marginal pricing (nodal pricing), citing the US experience as a successful model for managing transmission constraints and integrating intermittent renewable energy.
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Document type: Report
5-generation-fleet-renewal-db68f755d81b0ef0.pdf
This document is a Task Order (No. 598) issued by Eskom for engineering and project management services to conduct a pre-feasibility study on a 'fleet renewal strategy' for four specific coal-fired power stations. The study aims to evaluate alternatives to the current decommissioning strategy, which is based on a 60-year technical life for coal stations.
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Document type: Briefing
wires-brochure-may-2017-fd86b72f1be2e0b9.pdf
This brochure describes the mission, vision, and value proposition of WIRES, an international non-profit trade association dedicated to promoting investment in the North American electric transmission system.
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Document type: Fact sheet
AN ADAPTIVE APPROACH TO PROMOTE SYSTEM OPTIMIZATION
This research paper proposes a flexible framework for electricity policy in a hypothetical "51st State," focusing on system optimization across affordability, reliability, and environmental performance. It outlines modernized principles for rate design and market structure that accommodate the rise of distributed energy resources (DERs) and smart-grid technologies, arguing that these innovations challenge the traditional view of utilities as natural monopolies.
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Document type: Research paper
Natural gas: not clean enough
This policy brief by Energy Innovation evaluates the greenhouse gas (GHG) intensity of natural gas versus coal power plants, concluding that while natural gas can reduce emissions compared to coal over a 100-year period, it is not a sufficient solution for climate change and can be counterproductive if methane leaks are high or if it displaces renewable energy.
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Document type: Policy brief