flâneur

🌎 Getting in tune with power markets

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Longtime transmission guru Carl Zichella once called the American electric grid the “most complicated machine we’ve ever built”, and with $1T of IRA-driven renewable investments in the pipeline, it’s only going to get more complex. The power grid, in the US or in markets around the globe, is an intricate web of transmission and distribution lines, regulated operators, and markets. The promise of a clean energy future predicated on abundant, cheap, green electrons starts with the grid. But while the grid serves as the underlying infrastructure, the power markets keep the entire operation humming and direct the complex flow of electrons from generators to consumers. Next week, we’ll deep-dive into the nuts and bolts of the technologies that make our grid more reliable, resilient, and clean (aka ‘gridtech’). But first, we’ll set the stage for how the power markets work, who the players are, and how the grid of the future is starting to take shape. The power markets have evolved significan

Longtime transmission guru Carl Zichella once called the American electric grid the “most complicated machine we’ve ever built”, and with $1T of IRA-driven renewable investments in the pipeline, it’s only going to get more complex. The power grid, in the US or in markets around the globe, is an intricate web of transmission and distribution lines, regulated operators, and markets. The promise of a clean energy future predicated on abundant, cheap, green electrons starts with the grid. But while the grid serves as the underlying infrastructure, the power markets keep the entire operation…

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