From Hierarchies to Markets and Partially Back Again in Electricity
Posted on June 21st, 2021 by tagadminMany electricity sectors are now pursuing deep decarbonization goals which will entail replacing dispatchable fossil generation primarily with intermittent renewable generation over the next 20-30 years. In this paper, Paul Joskow thinks broadly about the options for institutional change from a Williamsonian perspective, which provides a useful framework for examining institutional adaptation.
READ more