We provide some basic background information on support for renewable in California on the expected operation of the power pool and bilateral markets, and on the three key policy types modeled here. We discuss the Elfin production cost and expansion planning model as well as key assumptions that...

This study analyzes the potential impact of state tax incentives on the federal production tax credit (PTC) for large-scale wind power projects. While the federal PTC provides critical support to wind plants in the U.S., its so-called ''double-dipping'' provisions may also diminish the value of...

Electricity markets in the United States have witnessed unprecedented instability over the last few years, with substantial volatility in wholesale market prices, significant financial distress among major industry organizations, and unprecedented legal, regulatory and legislative activity....