Markets

Power, capacity and commodity signals.

Wholesale power markets, capacity markets, commodities and structural pricing signals.

Markets covers how electricity, capacity, fuel and carbon are bought and sold. Topics include wholesale power prices, capacity auctions, ancillary services, natural gas prices, carbon markets and the financial contracts that fund new projects.

Price signals decide which plants are built and which retire, so market design matters as much as technology. Briefs explain auction results, price spikes and rule changes in plain terms. The capacity market guide and the guide to what a megawatt is cover the basics needed to follow this hub.