Markets for Low Carbon, Low Cost Electricity Systems: Working Paper


Climate Policy Initiative
Brendan Pierpont
David Nelson
1 September 2017

This paper is part of Climate Policy Initiative (CPI) Energy Finance’s work-stream on market design and incorporates work already published as part of the Energy Transitions Commission, and new concepts presented as part of the Eurelectric Market Design 2050 program, among others. The paper highlights at least four major problems of incremental refinement to existing market models, and the authors proposes a two-market solution.