Companies have been buying renewable energy to power their operations for decades. At first, this was done at very small and highly distributed scale, such as attaching solar power to remote monitoring systems for pipelines. In the early 2000s, companies began to build their own rooftop solar assets to power buildings, or contract with a […]
Texas’ Power Price Spike and Designing Markets for a Carbon-Free Grid
The Texas power market is designed to play chicken with blackouts. Is the model sustainable in a high-renewables system? Last week as Texas’ ERCOT grid reached its price cap of $9,000 per megawatt-hour and the price map on ERCOT’s website became a solid and deep red, many energy market wonks highlighted that this is a […]
