DOE Report On Electricity Markets: Missed Opportunities

Law360, New York (September 8, 2017, 3:04 PM EDT) -- In August 2017, the U.S. Department of Energy released the Staff Report to the Secretary on Electricity Markets and Reliability. This DOE report seeks to consider past and current trends in the electric industry in an effort to “exercise foresight to help ensure a system that is reliable, resilient, and affordable long into the future.”

Yet, it is clear from the report that affordable power may no longer be a primary goal. Expectations were that the report would be a sharp attack on renewable energy as the driver of coal plant retirements. Low natural gas prices, however, are appropriately recognized as...

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