New England is at the leading edge of an energy transition in which natural gas is playing an increasingly important role in the US electricity generation mix. In recent years, the region's wholesale natural gas and electricity markets have experienced severe, simultaneous price spikes. While...

This paper proposes a nice electricity market design that is efficient and practical, meaningfully satisfying the wants of a market design's stakeholders. Hence, this new design should be considered by countries that have reformed their electricity sectors or are in the process of doing so