If you work in power project development, asset management, or energy trading, you will encounter the term Locational Marginal Pricing (almost always abbreviated to LMP)…
Electricity is traded like a commodity, yet it behaves unlike any other. It cannot be stored at scale, must be balanced instantaneously across the grid,…
PJM Interconnection is the largest wholesale electricity market in the United States and one of the largest in the world. It coordinates the movement of…
ERCOT, the Electric Reliability Council of Texas, operates the most volatile wholesale power market in the United States. No other ISO combines a largely isolated…
Renewable fuels are increasingly positioned as one of the key solutions for decarbonizing the global energy system. Governments, investors, and industries are accelerating efforts to…
In today's U.S. capacity markets, two acronyms are increasingly shaping investment decisions: ELCC (Effective Load-Carrying Capability) and DSCR (Debt Service Coverage Ratio). They are no…