Commentary by Michael Caramanis Featured in IEEE Smart Grid Newsletter
It Is Time for Power Market Reform to Allow for Retail Customer Participation and Distribution Network Marginal Pricing
The introduction of distribution-level marginal prices promises to have transformational impacts on power systems in terms of electricity costs, infrastructure resilience and the wide integration of renewable generation and sustainable new loads such as the electric vehicles. But to achieve the full range of potential benefits, it will be essential to adopt the right pricing structures and market reforms. Read the rest of the story in the IEEE Smart Grid Newsletter.