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To ‘Build Back Better,’ We Need to Modernize Electricity Markets to Spur Cleaner Energy

Miranda A. Ballentine and Todd A. Snitchler write in Morning Consult about the importance of competitive electricity markets in the energy transition.

The C3 Take
  • In order to introduce more clean energy to Americans, we must first modernize our electricity markets.
  • One such modernization would greater adoption of wholesale energy markets.
  • While not perfect, wholesale markets encourage energy competition which benefits the cost to consumers and our clean energy industry.
  • As we move forward in the energy transition, we must move forward with free-market principles that spur innovation and competition.

“American businesses and energy consumers are demanding a new paradigm — one that encourages both economic competitiveness and clean energy. As we look toward the “Roaring ’20s” and move toward a clean energy future, now is the time to update our electricity markets, unleash technological advancements and promote job growth.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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