Designing the 21st Century Electricity System
The REBA Institute provides expert thought leadership for energy customers and others on the transformational market changes needed to transition to a reliable, cost-effective, zero-carbon electricity system.
Current U.S. electricity regulatory and market structures designed for a fossil fuel dominant grid are inadequate for a 21st electricity system transitioning to zero-carbon emissions. With transformational change, the power system will be able to meet customer demand for zero-carbon energy reliably and affordably and achieve system-level changes. This program dives into deeper engagement, research, and education on the recommendations provided by the REBA Institute report, Designing the 21st Century Electricity System: How Electricity Buyers Can Accelerate Change.
Priorities identified as the leading challenges to energy customers’ goals and a zero-carbon electricity system include:
- Organized wholesale market expansion
- Market design reform
- Market monitoring and performance standards
- Transmission Expansion
- Utility Regulation and Procurement
- Innovation and Clean Technology
As the REBA Institute works more deeply on the report’s recommendations, basic primers on topics such as RTO/ISO governance and resource adequacy have been developed to support buyer education.
Resource Adequacy General Approaches and Importance to Energy Buyers Primer
This Primer is the first edition of a series on resource adequacy and aims to educate energy customers on what resource adequacy is and how it impacts electric reliability, clean energy integration, and cost efficiency.
U.S. Organized Wholesale Electricity Governance Primer
This Primer compares key governance and decision-making elements across the seven Regional Transmission Organizations/Independent System Operators (RTOs/ISOs) in the U.S., highlighting the importance and impact to electricity customers. Elements are structured in a top-down approach, beginning with discussion on regulatory oversight and governing bodies, and ending with stakeholder participation and independent evaluation of RTOs.