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Hiting the Mark on Missing Money: How to Ensure Reliability at Least Cost to Consumers

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Michael Hogan
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This report offers a brief refresher on how energy prices should be expected to form in a modern system, the ways in which they should be expected to shape critical investment decisions, and some of the ways energy price formation can go wrong. With this as a foundation, the author lays out a sustainable approach to ensuring a reliable low-carbon electric supply at the lowest reasonable cost.