Episode 4: The future of prices

How will electricity prices evolve as power systems become more complex, renewable generation grows, and new technologies reshape grid operations? In this episode of Frequency Band, hosts Paul Dockery and Becky Robinson are joined by Jacob Mays and Erik Ela to explore the future of price formation in electricity markets. 

Jacob and Erik are two leading experts in power system economics and market design. Jacob Mays is an Assistant Professor at Cornell University, new member of the California ISO Market Surveillance Committee, and electricity market design researcher. Erik Ela is a technical expert who advises organizations around the world, including EPRI and ESIG, on grid operators and power system engineering and economics. They bring valuable insights into ongoing debates around wholesale electricity prices and the market signals that guide investment and operations.