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Home » Power producers have financial incentives to block market integration despite cost savings, says study

Power producers have financial incentives to block market integration despite cost savings, says study

Tech Xplore by Tech Xplore
2 months ago
0 0

Renewable energy is lowering electricity costs in some parts of the country, but those benefits aren’t being seen by consumers everywhere because they’re typically placed far away from demand centers. Better integrating electricity transmission networks across regions could significantly reduce generation costs, new research from the University of Michigan shows—at the expense of generation companies’ profits. The study is published in the journal Proceedings of the National Academy of Sciences.

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