The American electric utility system is quietly falling apart. Once taken for granted, the industry has become increasingly unstable, fragmented, unreliable, insecure, inefficient, expensive, and harmful to our environment and public health. According to Sovacool, the fix for this ugly array of...

A capacity mechanism next to the energy-only market provides necessary investment incentives that spot markets lack. The adequate capacity mix can only be achieved by accounting for the current transition phase to electricity generation with a growing share of renewables. We show that an...

I analyze renewable electricity policy in a multinational electricity market with transmission investment. If national policy makers choose support schemes to maximize domestic welfare, then a trade policy motive arises operating independently of any direct benefit of renewable electricity. The...

Wind and solar energy is a fast-growing share of the global energy mix. But integrating them into power-system operations requires significant adaptations to compensate for their variability. Solutions include increasing the amount of flexible generation within the system, combining, and...