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EJM report examines electricity market design principles and options to enable flexibility, resiliency, and decarbonization in the PJM market
Across much of the United States, buyers and sellers of electricity transact in wholesale electricity markets critical for facilitating the entry, retention, and exit of resources to assure a cost-effective, reliable transmission system operates in a technology-neutral manner. Current market designs have been relatively well-suited to the technical characteristics of generation technologies and policy requirements…