Pricing Externalities in Wholesale Power Markets

Across the United States, states, cities, and businesses continue to find new ways to reduce carbon emissions and enhance resilience to climate change impacts. Many have adopted targets for renewable energy and zero carbon energy generation. The U.S. Department of Energy and the Federal Energy Regulatory Commission are reviewing options to ensure that the grid resilience benefits of various generation sources are appropriately compensated. In this webinar, we will review options for pricing externalities in wholesale power markets, including recent efforts by the New York Independent System Operator and the PJM Regional Transmission Operator to integrate a price on carbon.


Bill Berg
Vice President of Wholesale Market Development, Exelon Corporation
Kristin Munsch
Deputy Director, Illinois Citizens Utility Board
Dr. Samuel Newell
Principal, The Brattle Group
Ari Peskoe
Senior Fellow in Electricity Law, Harvard Law Environmental Law Program
Doug Vine — Moderator
Senior Energy Fellow, C2ES