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How to Build Clean Energy Portfolios
This guide by RMI provides a framework for updating electricity resource procurement processes for vertically integrated utilities in the US. It advocates for 'all-source', 'objective-aligned', and 'least-regrets' procurement to optimize the deployment of clean energy and distributed energy resources (DERs) during a period of significant projected investment.
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Document type: Guide
MAKING THE MOST OF THE POWER PLANT MARKET: BEST PRACTICES FOR ALL-SOURCE ELECTRIC GENERATION PROCUREMENT
This report analyzes electric generation procurement by vertically integrated utilities in the United States, contrasting 'all-source' procurements—which are technology-neutral—with single-source processes. Using case studies from states like Colorado, Georgia, and New Mexico, the authors argue that utilities often exercise monopsony power to favor self-built, gas-fired generation over cheaper renewable alternatives. The report provides five best practices for regulators to ensure fair, competitive, and cost-effective procurement of power plants.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report