The clean energy transition exacerbates the tension between mandates and markets. Efficient electricity market design improvements are in competition with both command and control policies as well as the pressures of crony capitalism. The mistakes will be expensive, the transition will be delayed, and the outcome will remain uncertain. A great deal has occurred since the Energy Policy Act of almost 25 years ago; but a great deal remains to be done.
About the speaker, William W. Hogan
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