I. Introduction For the better part of the past century, residential customers in the U.S. and many other countries have paid for electricity through a two-part tariff that has collected most of the revenue through a flat volumetric charge.  In […]

Overview The Independent Electricity System Operator (IESO) of Ontario’s wholesale electricity market is about to initiate a major reform of its market design.  This initiative will be the first significant overhaul of Ontario’s wholesale electricity market since it was first […]