This paper surveys the literature relevant for comparing centralized and decentralized wholesale electricity markets. Under a centralized design, producers submit detailed cost data to the system operator the day before delivery, who then decides how much to produce for each generation unit....

Actions that transform our energy system are the cornerstone of decarbonizing our economy but have been hindered by the ineffective interface between researchers and decision-makers in Canada. This paper begins by arguing for a more holistic perspective on energy system decarbonization modelling...