Customer Focused and Clean: Power Markets for the Future

This report focuses on the wholesale power markets and system operations aspects of the
electric industry, with particular focus on the Mid-Atlantic (“PJM”) and Midwest (“MISO”) regions.
Two-thirds of the electricity in America passes through centralized wholesale electric markets,
serving much of the nation’s economy and population. Those market rules and practices
are developed by stakeholders in those markets, overseen by federal energy regulators and
affected by state regulatory decisions. The market rules determine how the grid operates, which
resources get financing and interconnection, what products are offered, what resources get paid,
and more. Market rules can make or break the economics of an individual supply or demand
resource, and the reliability and affordability of electricity

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