
Regional electricity markets—operated by regional transmission organizations (RTOs)— span multiple states and bring significant benefits to the electricity grid. States policies—such as renewable or clean energy portfolio standards or procurement mandates—have always helped shape market outcomes, but increasingly they are aimed at addressing perceived market shortcomings. Continue reading »

As states have increasingly moved to implement state-specific energy policies, tensions have grown between these states and the regional wholesale electricity markets that serve them. Although regional transmission organizations (RTOs) oversee the markets and manage the electricity grid, states’ right to pursue certain energy policies—such as renewable portfolio standards and tax incentives for preferred generation resources—is raising fundamental questions. 





